Forex Brokers with the Best Swap Rates (Live & Historical)

When it comes to long-term forex trading, the factor that often matters most isn’t spreads—it’s swap rates.

Of course, spreads should never be ignored. A broker with consistently wide spreads will eat into your profits over time. But for traders who hold positions overnight, or even for weeks and months, the cost of swaps (rollover fees) can have a far greater impact on your results than a fraction of a pip on the spread.

What you really want is forex brokers with the best swap rates:: ideally, higher positive swaps when you’re on the right side of a currency pair, and lower negative swaps when you’re not. In other words, a broker whose overall swap structure works in your favor, rather than against you.

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Forex Brokers Swap Rates (Live & Historical Data)

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Trading Pair: EUR/USD

Last Updated: October 21, 2025 10:04 PM

Current Swaps Historical Swaps

Logo	Broker	Rank ⇅	Swap Long ⇅	Swap Short ⇅	Swap Sum ⇅	SES Score ⇅	Action
	LiteFinance	1	-0.71 +	0.31 +	-0.39	49.05	Visit Website Details
Founded 2005 Regulation CySEC, FSC Max Leverage 1:1000 Stop Out Level 20% Lot Size Range 0.01 - 100 Negative Balance Protection Yes
	Moneta Markets	2	-0.88 +	0.44 +	-0.44	48.94	Visit Website Details
Founded 2019 Regulation FCA, FSCA, SCA Max Leverage 1:1000 Stop Out Level 20% Lot Size Range 0.01 - 100 Negative Balance Protection Yes
	Startrader	3	-0.88 +	0.44 +	-0.44	48.94	Visit Website Details
Founded 2012 Regulation FCA, ASIC, FSCA, FSA, FSC, SCA Max Leverage 1:1000 Stop Out Level 20% Lot Size Range 0.01 - 100 Negative Balance Protection Yes
	Coinexx	4	-0.74 +	0.27 +	-0.46	48.88	Visit Website Details
Founded 2017 Regulation None Max Leverage 1:500 Stop Out Level 50% Lot Size Range 0.01 - 100 Negative Balance Protection Yes
	Duramarkets	5	-0.74 +	0.27 +	-0.46	48.88	Visit Website Details
Founded 2023 Regulation None Max Leverage 1:500 Stop Out Level 50% Lot Size Range 0.01 - 100 Negative Balance Protection Yes
	FIBO Group	6	-1.00 +	0.45 +	-0.55	48.68	Visit Website Details
Founded 1998 Regulation CySEC, BVIFSC Max Leverage 1:5000 Stop Out Level 20% Lot Size Range 0.0001 - 100 Negative Balance Protection Yes
	Alpari	7	-0.95 +	0.40 +	-0.56	48.67	Visit Website Details
Founded 1998 Regulation MISA Max Leverage 1:3000 Stop Out Level 20% Lot Size Range 0.01 - 100 Negative Balance Protection No
	FXPRO	8	-0.89 +	0.19 +	-0.70	48.31	Visit Website Details
Founded 2006 Regulation FCA, CySEC, FSCA, SCB, FSA Max Leverage Unlimited Lot Size Range 0.01 - 500 Negative Balance Protection Yes
	Fyntura	9	-0.89 +	0.19 +	-0.71	48.29	Visit Website Details
Founded 2023 Regulation None Max Leverage 1:500 Stop Out Level 50% Lot Size Range 0.01 - 100 Negative Balance Protection Yes
	AMarkets	10	-1.15 +	0.41 +	-0.74	48.24	Visit Website Details
Founded 2007 Regulation FSA, FSC, MlSA Max Leverage 1:3000 Stop Out Level 20% Lot Size Range 0.01 - 100 Negative Balance Protection Yes
	xChief	11	-0.89 +	0.11 +	-0.78	48.11	Visit Website Details
Founded 2014 Regulation MISA Max Leverage 1:1000 Stop Out Level 30% Lot Size Range 0.01 - 100 Negative Balance Protection Yes
	Trader\'s Way	12	-1.23 +	0.38 +	-0.84	47.99	Visit Website Details
Founded 2010 Regulation None Max Leverage 1:1000 Stop Out Level 20% Lot Size Range 0.01 - 100 Negative Balance Protection Yes
	IFCMarkets.	13	-1.26 +	-0.02 +	-1.28	46.92	Visit Website Details
Founded 2006 Regulation BVI FSC Max Leverage 1:400 Stop Out Level 10% Lot Size Range 0.0001 - 100 Negative Balance Protection Yes

What Is Swap in Forex?

A swap (sometimes called a rollover fee) is the interest adjustment that occurs when you hold a forex position overnight. In simple terms, if you keep a trade open past the daily rollover time, your broker either credits or charges you depending on the interest rate difference between the two currencies in the pair.

• If you earn interest, it’s called a positive swap.
• If you pay interest, it’s a negative swap.

Day traders rarely notice swaps because they close positions before the end of the trading day. But for long-term traders — swing traders, position traders, and especially those who hold trades for weeks or months — swaps can make a huge difference to profitability.

The reason swaps exist comes down to central bank interest rates. Every currency is tied to a country’s monetary policy. When you buy or sell a currency pair and hold it overnight, you’re effectively exposed to the interest rate gap between those two currencies.

For example:

• The U.S. Federal Reserve might set interest rates at 1.70% for the USD.
• The Bank of Japan could have rates as low as 0.10% for the JPY.

If you buy USD/JPY, you’re buying the higher-yielding currency (USD) against the lower-yielding one (JPY). As a result, you collect a positive swap, earning interest each day you hold the trade.

If you sell USD/JPY, the situation reverses — you owe the difference, and your account is charged a negative swap.

In short: every day that you keep a position open, you either earn or pay swap depending on the pair you’re trading and the direction of your position. For long-term forex trading, these costs (or benefits) accumulate and can outweigh even spreads and commissions.

What Is Rollover in Forex and When Does it Happen?

Rollover is the process where your broker closes and reopens open positions at the end of the trading day to apply swap charges or credits. This usually takes just a few minutes, during which the market may appear closed on your platform.

On most platforms (such as MT4/MT5), rollover happens at:

• 23:55 – 00:10 server time, or
• 5:00 PM – 5:15 PM EST, Monday through Friday.

You’ll notice this as the moment when a new daily candle appears on your chart in the standard time setting.

🔄 Triple Swap Wednesdays

One key detail many traders overlook is that Wednesdays carry a triple swap charge/credit on forex pairs. This is because weekends are included, so Wednesday’s rollover accounts for three days instead of one.

For long-term traders, this can add up:

• If your trade earns a positive swap, Wednesday is highly favorable.
• If your trade incurs a negative swap, Wednesday can be particularly costly.

Forex Brokers With the Highest Positive Swap Rates

Some forex brokers offer higher positive swap rates than others. However, that doesn’t always mean their overall swap structure is better.

For example, imagine Broker A offers +0.45 pips for a short position on EUR/USD, but charges -1.00 pips for a long position. Meanwhile, Broker B pays +0.31 pips for the same short position, but only charges -0.71 pips for a long one.

While Broker A gives you a higher positive swap, the overall average swap rate across both sides is actually better with Broker B (–0.55 pips for Broker A vs. –0.40 pips for Broker B). In other words, Broker B has more balanced and generally more favorable swap conditions.

That said, if your goal is specifically to find brokers with the highest positive swap rates—for example, to explore swap arbitrage opportunities—then Broker A might be the better choice.

To identify brokers with the highest positive swaps, simply go to the Forex Brokers Swap Rates table and sort the data from highest to lowest by clicking on the Swap Long or Swap Short column header—depending on which side currently shows positive values.

Why Is Swap Important for Long-term Trading?

When traders talk about costs, the first thing that usually comes to mind is the spread. Scalpers and day traders in particular focus on paying as few pips as possible, since even small spreads can eat into short-term gains.

But for long-term forex trading, spreads aren’t the main issue. Swaps are.

📊 A Simple Example

Let’s say you’re a position trader, and your average trade lasts around 10 days. Your broker offers:

• EUR/USD spread: 0.2 pips
• Commission: $7 round turn = 0.7 pips
• Total cost at entry: about 0.9 pips (spread + commission)

Now, assume your broker charges a negative swap of –0.6 pips per day on EUR/USD.

If you open 1 standard lot (100,000 units):

• Spread + commission: $9 (paid once at entry)
• Swap: 0.6 pips × $10 per pip × 10 days = $60

🧮 What This Means for Long-Term Traders

At first glance, spreads and commissions seem larger. But as the days add up, swaps become the dominant cost:

• $9 once for spread + commission
• $60 over ten days in swap charges

In this case, the swap is nearly seven times more expensive than the spread.

📌 Takeaway

• For scalping or day trading, spreads and commissions are critical, since trades close the same day.
• For long-term trading — whether swing or position — swap rates can make or break your profitability.

That’s why, when choosing the best forex brokers for long-term trading, swap conditions deserve more attention than spreads.

How Can I Avoid or Reduce Swap Costs?

The truth is, the only way to completely avoid swap charges is to close your trades before the daily rollover. That’s why day traders and scalpers rarely worry about swaps.

But for long-term traders, avoiding swaps entirely isn’t realistic. Instead, there are ways to reduce their impact:

1. Choose Brokers With Favorable Swaps

Some brokers are simply more competitive than others when it comes to swap rates. If you want to hold trades overnight, the best strategy is to pick a broker that charges lower negative swaps and offers better positive swaps.

You could dig through every broker’s website and compare them yourself — but that’s time-consuming and often unclear. That’s why I analyzed over 100 forex brokers to find which ones actually offer the best swap conditions for long-term traders. You can see my shortlisted brokers in the table below.

2. Use Swap-Free (Islamic) Accounts

Another approach is to open a swap-free account. These accounts were originally designed for Muslim traders who cannot receive or pay interest due to Sharia law. In practice, many brokers make them available more widely.

Here’s the trade-off:

• You won’t pay daily swap charges.
• Instead, brokers usually add a fixed fee (sometimes called an “administration” or “maintenance” fee).
• Spreads are often wider compared to standard accounts.

Swap-free accounts can be a good option if:

• You’re a Muslim trader, or
• You’re a position trader holding trades for weeks or months, where daily swaps add up heavily.

For short-term holds (2–3 days), it’s usually better to stick with a broker that already offers competitive swaps, since swap-free account fees may end up costing more.

I’ve also written a separate guide on the best swap-free forex brokers, which you can find here → [link].

Methodology: How We Identified Brokers With the Best Swaps Rates

With many forex brokers available, it can be challenging to determine which ones have the best swap rates and are truly ideal for long-term trading or which brokers have the highest positive swap rates for arbitrage purposes.

To address this, we developed a proprietary system that tracks and analyzes brokers’ swap rates on a daily basis. You can see all the long and short brokers’ swap rates in the current swap rates in the table above.

Additionally, we maintain a historical record of each broker’s long and short swap rates, enabling you to track how these rates change over time. This allows traders to identify patterns, monitor the duration of swap arbitrage opportunities, and make informed arbitrage decisions based on how long swap conditions persist before rates adjust.

To spot forex brokers with the best swap rates, we’ve developed our Swap Efficiency Score (SES), which evaluates both long and short swap rates and consolidates them into a single score that reflects how advantageous a broker’s swaps are for long-term traders.

How to Find Brokers’ Swap Rates and Types

There are two main ways to locate swap rates:

1. Broker Websites – Many brokers display swaps in a dedicated section.
2. Trading Platforms – In MT4/MT5, right-click a currency pair in Market Watch → select Specification → view swap rates and type in the Contract Specification window.

Knowing the swap type is important for using the SES tool correctly.

What Types of Swap Rates Do Brokers Use?

Brokers calculate swaps in four formats:

1. Type 0: Pips
2. Type 1: Base currency
3. Type 2: Interest rate (%)
4. Type 3: Margin currency

To compare brokers fairly, I converted all swap types to pips. The SES tool allows you to select the type (0–3) for calculation.

For example, For swaps expressed as interest rates (%), you can use this simple formula:

Swap Rate (in USD) = (Interest Rate (%) × Contract Value) ÷ 360

Where:

• Interest Rate (%) → the swap rate shown by the broker.
• Contract Value → daily close price × contract size.
• 360 → the number of days used in the standard calculation.

Contract Sizes:

Crypto (e.g., BTC): usually 1

Forex: 1 lot = 100,000 units; 0.1 lot = 10,000; 0.01 lot = 1,000

Gold: typically 100

Example:
A broker shows the swap rate of EUR/USD short positions as 1.2%.

• Daily close price = 1.1751
• Contract size = 100,000

Step 1 – Find contract value:
1.1751 × 100,000 = 117,510

Step 2 – Apply formula:
(1.2% × 117,510) ÷ 360 ≈ 3.9 USD

Step 3 – Convert to pips:
Since 1 pip = $10 for a standard lot,
3.9 ÷ 10 ≈ 0.39 pips

👉 This way, you can standardize all brokers’ swap data into pips and compare them fairly.

🔻 Bottom Line

There are several reasons you might be looking for forex brokers with the best swap rates. You could be a swing or position trader with a long-term strategy who wants to minimize swap costs on held positions, or you might be searching for brokers offering the highest positive swap rates to take advantage of potential swap arbitrage opportunities.

In this article, we’ve aimed to answer your key questions about swaps and introduced some of the advanced swap rate analysis tools we’ve developed. With these tools, you can easily compare and find the forex brokers with the best swap rates that match your specific trading goals.