Fees

Overnight Swaps

What traders need to know about holding positions overnight

Overnight swaps, also known as financing rates, are interest charges or credits applied when a trading position is held open past the daily rollover time. These rates vary depending on the financial instrument and whether the position is long (buy) or short (sell). Swap values are updated daily and reflect changes in the underlying market.

The easiest way to view current swap rates is directly within your MT4/MT5 platform, simply right-click on the instrument and select “Specifications” from the menu.

Applied once daily during rollover

Different for long and short positions

Rates fluctuate based on market conditions

If you’re unfamiliar with how swaps work, we highly recommend studying this topic carefully before trading on a live account. Proper understanding of overnight costs is vital for managing trading strategies, particularly for positions held over multiple days.

Why Trade with Key to Markets

Ultra-Fast Execution

Low-latency execution ideal for scalping and high-frequency trading

Regulated & Transparent

Fully licensed and client funds held in segregated accounts

Tight Spreads from 0.0 pips

Competitive pricing across all major instruments

No Restrictions on Strategies

Freedom to use EAs, hedging, scalping and any trading style

Global trust, Global reach

Join traders worldwide who trust Key to Markets for security, transparency and excellence.