When trading spot Foreign Exchange (Forex trading), all Forex trades will settle two business days from date of entry, as per market convention.
Cash Indices and Commodities will settle at the end each business day (server time 00:00).
Go Markets is not involved in the physical delivery of trades, thus all positions left open at the end of
the trading day will be rolled over to a new value date and will therefore have exposure to a swap
charge or credit.
Please note: For Forex trades held open from Wednesday to Thursday as per server time, the new value date becomes Monday, rather than the weekend. This means the rollover charge on a Wednesday evening will be three times the usual value indicated on the table.
As cash Indices and Commodities are same day settlement, holding trades over the weekend from Friday to Monday will carry three times the usual value as it accrues the three days of swap.
Also please note there is no overnight swap on Crude oil as they are directly derived from the Futures contract.
Forex Swap rates are affected by market conditions and the interest rate of the affiliated countries of the chosen Forex currency pair.
The daily released rates are calculated by our financial institutional partners using risk-management analysis.
Each Forex currency pair has its own Forex swap charge. Interest is paid on currency sold and received on currency bought.
Spreads from
0.0
Pips on FX
TRADE WITH $0For the most up-to-date Forex swap rates, please refer to the Market Watch panel in our Go Markets
(MT5 ) platform.
Simply follow the steps outlined below:
For more information, please feel free to contact us.
Start trading with
$50
Minimum deposit
UP TO 500:1Choose an account type and submit your application.
Fund your account using a wide range of funding methods.
Access 1000+ CFD instruments across all asset types on MT5 .
That's it. Welcome to the world of trading!
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