Complete Guide to AXIORY Swaps | A Complete Explanation of Swap-Free Stocks and Calculation Methods (AXIORY)

Are you doing FX as a side hustle and wondering things like, "I want to earn a stable income with AXIORY's swap points, but I don't really understand how it works," or "Can I use a swap-free account?"

In fact, if you correctly understand AXIORY's swap points, you may be able to trade advantageously even with long-term holdings

This article provides a comprehensive explanation of AXIORY's swap points, from their features and calculation methods to the requirements for opening a swap-free account and comparisons with other companies

■What you will learn from reading this article

1. Swap point accrual time and the mechanism of triple points days
2. List of swaps by currency pair and how to calculate them
3. Requirements and points to note when opening a swap-free account
4. How to check swaps in MT4/MT5
5. AXIORY's advantages compared to other companies

After reading this article, you will have a deeper understanding of AXIORY's swap points and be able to trade more strategically

We have thoroughly investigated cases of withdrawal refusals by AXIORY and actual customer reviews our AXIORY reputation and reviews section

Features of AXIORY's swap points

First, let's look at the features of AXIORY's swap points. Many aspects are similar to those of other overseas forex brokers

Swap points are the interest rate differences that arise when trading currencies with different interest rates

AXIORY allows you to hold positions up to 1,000 lots, creating an environment where you can aim for significant swap profits.

However, some currency pairs incur negative swap rates for both buying and selling, so caution is advised when holding them long-term

The swap accrual time is clearly defined, allowing for planned trading

AXIORY's complete spread list for all instruments | Includes spreads for gold and different account types

There are stocks where both swap points are negative

At AXIORY, there are several currency pairs where negative swap rates apply to both buy and sell positions

This trend is particularly strong with minor currencies, exotic currencies, and CFD instruments

This is because AXIORY compensates for its low trading costs by offering swap points

Holding these currency pairs long-term will result in negative swap charges every day

have little impact on day traders and scalpers , but those who engage in swing trading should be careful.

This is because the longer you hold the investment, the more the losses from swaps accumulate

It is important to check the swap points for each currency pair in MT4 or MT5 beforehand and then develop a trading strategy

Swap crediting time is 7 AM or 6 AM Japan time

AXIORY's swap point accrual times differ between daylight saving time and standard time

Daylight Saving Time (from the second Sunday in March to the first Sunday in November) is observed at 6:00 AM Japan time, while standard time is observed at 7:00 AM Japan time

If you hold a position during this time, the swap points will be automatically reflected in your account balance

To receive swap points, you need to hold your position through the rollover period

A rollover is when you carry over an open position to the next day, even if it crosses the New York close (6 or 7 AM Japan time)

In other words, if you open a position just before 6 or 7 in the morning and close it immediately afterward, you can earn swap points in a short amount of time

However, in the case of currency pairs with negative swap rates, losses will be incurred instead

For office workers, this is a convenient time to check, as it falls before they go to work

If you are trading with the aim of profiting from swaps, be sure to manage your positions while being mindful of this time

Since the funds are credited at the same time every day, it allows for planned fund management

Swaps are tripled on Wednesdays

At AXIORY, swap points are tripled when you roll over from Wednesday to Thursday

This is because swap points for Saturday and Sunday are credited all at once

Since the foreign exchange market is closed on Saturdays and Sundays, the calculations for those days are consolidated and processed on Wednesdays

If you hold a currency pair with positive swap rates, you can potentially earn three times the usual profit on Wednesdays

For example, if you normally earn 100 yen in swap points per day, you would receive 300 yen on Wednesday

For swap traders, Wednesday is a crucial day of the week .

On the other hand, with currency pairs that have negative swap rates, losses will be three times greater

Short-term traders can reduce unnecessary costs by avoiding holding positions over to Wednesday

It's important to understand that position management, taking the day of the week into consideration, can significantly impact your profits

Withdrawals of profits earned from swaps alone are not permitted

At AXIORY, you cannot withdraw only the profits earned from swap points

Swap points are treated as part of the margin and only become a realized profit when the position is closed

In other words, it's impossible to withdraw only the swap amount while keeping your position open

To cash out your swap earnings, you need to follow these steps:

1. Close positions where swap points have accumulated
2. This will be reflected in your account balance as confirmed profit
3. Submit a withdrawal request

This system is used by many overseas forex brokers

If you are aiming for long-term swap income, you need to periodically close your positions to realize profits

However, frequent settlements incur spread costs, so it's important to manage your investments with a balanced approach

A strategy of diversifying your positions across multiple investments and gradually taking profits would likely be effective

The number of positions is unlimited, and the maximum lot size is large

A major feature of AXIORY is that there is no limit to the number of positions you can hold; you can hold up to 1,000 lots per position

While other overseas forex brokers often have trading limits of around 50 to 100 lots, AXIORY allows for an overwhelmingly large trading volume

For traders looking to maximize swap profits, this environment is very attractive

For example, if a swap point of 100 yen is generated per lot per day

Because large-volume transactions are possible, traders with significant capital can aim for substantial swap profits

Furthermore, it is possible to diversify your positions across multiple currency pairs

This makes it easier to adopt a strategy of accumulating swap income while diversifying risk

However, the larger the position, the greater the exchange rate fluctuation risk, making proper fund management essential

AXIORY allows you to open a swap-free account under certain conditions

At AXIORY, you can open a swap-free account if you meet certain conditions

A swap-free account is a special type of account where no swap points are incurred even if you hold a position overnight

This account is primarily offered to Muslims and allows them to avoid receiving interest, which is prohibited under Islamic law

The application requires the submission of documents proving religious reasons, so not just anyone can open one

Using a swap-free account allows you to hold positions long-term without worrying about negative swaps, thus broadening your trading strategy options

A Muslim certificate and affidavit must be submitted

To open a swap-free account with AXIORY, you will be required to submit documents proving your Muslim status. Specifically, this will include a certificate issued by a mosque or other official document indicating your Muslim faith. Furthermore, you will also be required to sign a waiver regarding the use of the swap-free account

These documents will be submitted to the AXIORY support team via email

The review process usually takes 3 to 5 business days, and if approved, your existing account will be converted to a swap-free account

However, be aware that your account may be frozen if false information or fraudulent use is discovered

Opening a swap-free account is not permitted for reasons other than religious ones

An ordinary trader applying solely to avoid negative swaps is unlikely to be approved

AXIORY has strict screening criteria, and swap-free accounts are not available unless there is a valid reason

Important points regarding AXIORY's swap-free account

If you are considering opening a swap-free account, there are some important points you should be aware of before applying

While swap-free accounts may seem convenient at first glance, they can actually have a significant impact on existing accounts and future transactions

This is especially important for those considering managing multiple accounts or those who may change their trading strategy in the future

Since the changes made after submission may be irreversible, careful consideration is required

After understanding the specific constraints I will explain below, let's determine whether a swap-free account is truly necessary for you

Accounts that were opened before a swap-free account was opened will be closed

Opening a swap-free account will automatically close your existing regular trading account

This is because the system is designed so that you cannot use both a swap-free account and a regular account within the same account

If you have a balance in your existing account, you will need to transfer the funds beforehand

Before canceling your contract, please make sure to check the following points

If you have any open positions, you must close them all

Please be aware that if you submit a request while your position is still open, your position may be forcibly closed

Additionally, your account balance will be transferred to a new swap-free account, but any bonus credits may be forfeited

If you need transaction history or reports, we recommend downloading them before submitting your application

This is because if your account is closed, you may lose access to your past data

Since you may need them for tax filing purposes, be sure to keep your annual transaction reports and other documents

Furthermore, if you are using an EA (Expert Advisor/automated trading program), you will need to review your settings

Expert Advisors (EAs) that incorporate swap points into their trading logic may not function correctly in swap-free accounts

Please remember that after the switch, you may need to reconfigure or adjust your programs

The additional account created after the procedure will be a swap-free account

Any additional accounts you open after your swap-free account has been approved will automatically become swap-free accounts

This is because, on AXIORY's system, the entire account will be switched to a swap-free setting

Even if you want to use both a regular account and a swap-free account, the system is designed so that you cannot use both within the same account

This limitation may make it difficult to use multiple trading strategies

For example, even if you want to manage separate accounts for short-term trading and long-term holdings aimed at earning swap points, all of them will end up being swap-free

Once you have a swap-free account, you will no longer be able to benefit from positive swaps

Even if you want to aim for swap income with high-interest currency pairs, no swap points will be generated at all

The procedure for opening an additional account is the same as usual, but the options for account types will be limited

It's important to understand that regardless of whether you choose a Standard, Nano, or Terra account, all accounts will be swap-free

If you need a regular swap account in the future, currently the only way to do so is to create a new account with a different email address

Due to these restrictions, applying for a swap-free account requires careful consideration

In particular, those who use multiple trading methods or who are considering swap trading in the future should carefully consider their options before applying

AXIORY's Swap Point Calculation Method

AXIORY uses different methods to calculate swap points depending on the currency pair being traded

Understanding the precise calculation method will allow you to anticipate profits and losses from swaps in advance

Basically, it's a system that calculates it using the trading volume (number of lots), the swap rate, and the current exchange rate

Since the calculation formulas differ for cross-yen pairs and other currency pairs, it is important to understand the characteristics of each

By reviewing actual calculation examples, you'll be able to simulate in advance how much swap will be generated in your own trades

How to calculate swaps for cross-currency pairs

The swap calculation for cross-yen currency pairs can be determined using a relatively simple formula

This applies to currency pairs where the Japanese yen is the settlement currency, such as USD/JPY and EUR/JPY

The calculation formula is "trading unit × trading quantity (lots) × minimum price fluctuation value × swap points"

Calculation: 100,000 × 1 × 0.001 × (-18.68) = -1,868 yen

In this case, a negative swap of 1,868 yen per day will be incurred

If you hold 10 lots, the calculation shows that you will need to pay 18,680 yen per day

When considering long-term holding, be sure to take this cost into account

One of the characteristics of cross-currency pairs is that they can be calculated directly in yen, making them easy for Japanese traders to understand

Since the swap point value directly serves as a guideline for conversion to yen, it makes it easier to create a financial plan

However, since swap points can fluctuate daily, regular checks are essential

As a point to note when calculating, AXIORY also allows trading in lots with decimal points

Since you can trade from as little as 0.01 lots (1,000 units of currency), you can also check the impact of swaps with a small amount of money

For beginners, we recommend starting with a small amount to experience actual swaps before moving on to more serious trading

Swap calculation methods other than cross-currency pairs

For currency pairs other than cross-yen pairs, the calculations become slightly more complex

This includes currency pairs that do not involve the Japanese yen, such as EUR/USD and GBP/USD

The basic calculation formula is "trading unit × trading quantity × minimum price fluctuation value × swap points × settlement currency's exchange rate against the yen"

Calculation: 100,000 × 1 × 0.00001 × (-8.61) × 150 = -1,291 yen

Since the settlement currency (USD in this case) must be multiplied by the exchange rate against the yen, it will be doubly affected by exchange rate fluctuations

The USD/JPY exchange rate works as follows: if the yen weakens, the swap burden in yen increases, and if the yen strengthens, the burden decreases

Failure to understand this characteristic could result in unexpected costs

Even more caution is needed when dealing with exotic currency pairs

Currencies with low liquidity tend to have larger fluctuations in swap points

Furthermore, checking the exchange rate of the settlement currency can sometimes be difficult, making prior calculations challenging in some cases

In actual trading, you can check the automatically calculated values ​​on the MT4 or MT5 trading screen

However, understanding the general calculation method can be helpful for adjusting position sizes and managing funds

It is especially important to understand the overall swap burden when holding multiple currency pairs simultaneously

How to check swap points

AXIORY's swap points can be easily checked from the trading platform

Using the standard features of MT4 and MT5, you can check the latest swap rates in real time

Knowing the swap points in advance allows you to accurately calculate your holding costs

Learning how to check for positive swaps will not only help you avoid unexpected losses due to negative swaps, but it will also increase your chances of finding currency pairs with positive swaps

Furthermore, utilizing specialized indicators will enable more detailed analysis, which will lead to improved accuracy in swap trading

This can be checked from the quotes in MT4/MT5

In MT4 and MT5, you can check the swap points for each currency pair from the Market Watch window

The system allows you to view detailed information simply by right-clicking on a currency pair in the quotes display and selecting "Specifications"

Since both buy and sell swaps are displayed numerically, you can see the difference depending on the direction of your position at a glance

The displayed number indicates the swap points per lot

Please understand that a negative value indicates a payment, and a positive value indicates a receipt

This figure is updated regularly, so it's necessary to check it periodically if you're considering long-term holding

The same verification can be done using the MT4/MT5 app on smartphones

Since you can check swap points even when you're out and about, even office workers can gather information during their lunch break or commute

However, the display format may differ slightly from the PC version, so we recommend checking both until you get used to it

When checking the bid/ask prices, it is important to correctly understand the units of the displayed values

When displaying points, calculations must be performed using the minimum unit of change for the currency pair

Beginners may find it helpful to actually take a small position and compare it to the change in their account balance the next day to deepen their understanding

AXIORY Swap Point List

AXIORY offers swap points on a wide range of CFD products, including currency pairs, precious metals, energy, stock indices, and individual stocks

Since the swap mechanism and amounts differ for each product, it is extremely important to check them beforehand if you plan to engage in long-term trading

In particular, with high-interest currencies and securities with high rollover costs, the holding costs may outweigh the profits

Below, we will explain the swap information for standard accounts, categorized by type

A thorough comparison of swap points for overseas forex brokers: Calculation methods and introduction of swap-free brokers

List of swap points for major currency pairs

Major currency pairs have high trading volume and are easy for beginners to handle, but the advantages and disadvantages of swaps vary depending on the combination

For example, with USD/JPY, buying tends to result in profits, while selling tends to result in significant losses

*The following figures represent swap points per lot (100,000 units of currency)

currency pair	Buy swap	Sell ​​swap
USD/JPY	Points: 6.21 yen (equivalent to +621 yen/day)	Points: -18.11 yen (equivalent to -1,811 yen/day)
EUR/USD	Points: -9.23 yen (equivalent to -1,384 yen/day)	Points: 5.92 yen (equivalent to +889 yen/day)
GBP/USD	Points: -2.22 yen (equivalent to -333 yen/day)	Points: -1.63 yen (equivalent to -244 yen/day)
AUD/USD	Points: -1.73 yen (equivalent to -259 yen/day)	Points: -0.29 yen (equivalent to -44 yen/day)
NZD/USD	Points: -2.71 yen (equivalent to -406 yen/day)	Points: 0.65 yen (equivalent to +98 yen/day)
USD/CAD	Points: 3.29 yen (equivalent to +494 yen/day)	Points: -6.15 yen (equivalent to -923 yen/day)
USD/CHF	Points: 10.26 yen (equivalent to +1,539 yen/day)	Points: -13.33 yen (equivalent to -2,000 yen/day)

To profit from swaps, the basic strategy is to choose a currency pair where either the buy or sell side is clearly profitable

A long position in USD/JPY yields a positive swap of 6.21 points (+621 yen), and a long position in USD/CHF yields a positive swap of 10.26 points (+1,539 yen), reflecting the high interest rates on the US dollar

A short position in EUR/USD would result in a positive swap of 5.92 points (+889 yen), creating a favorable environment for a euro short strategy

However, swap rates fluctuate daily due to changes in policy interest rates and market interest rates

Some currency pairs, like GBP/USD, are negative in both directions, making them suitable for day trading and short-term trading

A short position in AUD/USD results in a relatively small loss of -44 yen, allowing you to trade while minimizing swap costs

Salaried employees who trade often trade major currencies in the limited time they have after work

A short position in USD/JPY would result in a significant loss of 1,811 yen, so you can avoid unnecessary costs by closing your position before going to bed and not carrying it over to the next morning.

List of swap points for minor currency pairs

Minor currency pairs often contain high-interest currencies, making them easier to trade for swap profits

In particular, with cross-yen currencies, the buy swap is often positive when combined with Oceania currencies

*The following figures represent swap points per lot (100,000 units of currency)

currency pair	Buy swap	Sell ​​swap
EUR/JPY	Points: 2.08 yen (equivalent to +208 yen/day)	Points: -9.91 yen (equivalent to -991 yen/day)
GBP/JPY	Points: 8.26 yen (equivalent to +826 yen/day)	Points: -24.50 yen equivalent: -2,450 yen/day
AUD/JPY	Points: 4.37 yen (equivalent to +437 yen/day)	Points: -10.94 yen (equivalent to -1,094 yen/day)
NZD/JPY	Points: 3.54 yen (equivalent to +354 yen/day)	Points: -8.76 yen (equivalent to -876 yen/day)
CAD/JPY	Points: 2.83 yen (equivalent to +283 yen/day)	Points: -8.12 yen (equivalent to -812 yen/day)
EUR/AUD	Points: -8.23 yen (equivalent to -1,235 yen/day)	Points: 4.42 yen (equivalent to +663 yen/day)
EUR/NZD	Points: -6.44 yen (equivalent to -966 yen/day)	Points: 2.27 yen (equivalent to +341 yen/day)
GBP/AUD	Points: -1.00 yen equivalent: -150 yen/day	Points: -3.44 yen (equivalent to -516 yen/day)

Holding a currency with a large interest rate differential against the yen can generate swap profits

GBP/JPY yielded a substantial positive swap of 8.26 points (+826 yen), while AUD/JPY and NZD/JPY also showed positive swaps of 4.37 points (+437 yen) and 3.54 points (+354 yen) respectively

These results reflect Japan's low interest rates and the relatively high interest rates of resource-rich countries' currencies

A short position in EUR/AUD yields a positive swap of 4.42 points (+663 yen), and a short position in EUR/NZD yields a positive swap of 2.27 points (+341 yen), making a strategy of shorting the euro a viable option

However, minor currency pairs tend to have wider spreads compared to major currency pairs

Keep in mind that transaction costs tend to be high in short-term trading

Since resource price trends also affect exchange rates, it is recommended to monitor crude oil and gold prices while trading

When aiming for swap income through long-term holding, it is crucial to manage funds while considering the balance with exchange rate fluctuation risk

List of swap points for exotic currency pairs

Pairs that include high-interest emerging market currencies may offer significant swap gains on short positions

The Turkish lira, South African rand, and Mexican peso, in particular, are attracting attention

*The following figures represent swap points per lot (100,000 units of currency)

currency pair	Buy swap	Sell ​​swap
USD/TRY	-24,000 yen/day	+7,000 yen/day
EUR/TRY	-29,000 yen/day	+10,000 yen/day
USD/ZAR	-1,674 yen/day	+894 yen/day
EUR/ZAR	-3,119 yen/day	+2,181 yen/day
USD/MXN	-1,876 yen/day	+515 yen/day
USD/PLN	-1,049 yen/day	+255 yen/day

Turkish lira-related currency pairs could potentially yield swap profits of several thousand yen per day with a short position

Selling EUR/TRY yields a very high positive swap of +10,000 yen, and selling USD/TRY yields a very high positive swap of +7,000 yen

In relation to the South African rand, you can expect a swap profit of +2,181 yen by selling EUR/ZAR

However, due to the extremely high exchange rate fluctuation risk, risk management is essential

The negative swap on long positions is also orders of magnitude larger, resulting in a massive cost of -24,000 yen per day for USD/TRY

Emerging market currencies can fluctuate by tens of percent overnight due to sudden changes in political and economic conditions

Even if you're attracted to high swap rates, always keep your position size low

It is important to decide in advance how much loss you are willing to accept

The risks are especially high when positions are held over the weekend, so careful consideration is required, such as adjusting positions on Friday night

For beginners, I recommend gaining experience with major currencies first before trying other options

List of swap points for precious metal CFDs

Precious metals CFDs generally incur negative swap fees when you have a long position

This is due to factors such as storage costs and interest rate differences

*The following figures represent swap points per lot (100 ounces)

Brand	Buy swap	Sell ​​swap
XAU/USD (Gold)	-7,601 yen/day	+2,186 yen/day
XAG/USD (Silver)	-2,906 yen/day	+1,439 yen/day
XPT/USD (Platinum)	+994 yen/day	-2,957 yen/day
XPD/USD (Palladium)	-2,411 yen/day	+1,272 yen/day

Gold (XAU) in particular incurs significant negative swap fees when held long, so caution is advised when considering long-term holdings

A high cost of -7,601 yen per day translates to a burden of over 70,000 yen if held for 10 days

A short position in gold can yield a positive swap of +2,186 yen, but considering gold's characteristics as a safe-haven asset, a short strategy is high-risk

Interestingly, the long position in platinum has resulted in a positive swap of +994 yen

This reflects the supply and demand structure of the market, and exceptionally, positive swaps may occur due to fluctuations in industrial demand

Silver's decline was also smaller than gold's, at -2,906 yen, and its price fluctuations are greater than gold's, making it suitable for short- to medium-term trading

Precious metals often move differently in value from stocks and currencies, and can therefore be expected to have a diversification effect on a portfolio

In times of heightened inflation concerns and geopolitical risks, demand for investment in precious metals may increase, so it's important to consider fundamental factors when developing trading strategies

List of swap points for energy CFDs

Energy CFDs cover commodities such as crude oil and natural gas, and both price fluctuations and swaps are relatively large

As of October 2025, you can earn positive swap points by going long on WTI and Brent crude oil

*The following figures represent swap points per lot (1,000 barrels)

Brand	Buy swap	Sell ​​swap
WTI crude oil	+6,587 yen/day	-7,367 yen/day
brent crude oil	+4,484 yen/day	-5,281 yen/day
natural gas	-17,636 yen/day	-1,391 yen/day

Natural gas has very high swap costs and is not suitable for long-term holding

A massive negative swap of -17,636 yen per day on a long position becomes a significant burden even if held for just a few days

This reflects the contango structure (price increase for longer-term contracts) in the futures market

Meanwhile, the crude oil market is currently in a backwardation state (lower futures), with positive swap rates of +6,587 yen for WTI crude and +4,484 yen for Brent crude

This is due to OPEC's coordinated production cuts and supply concerns stemming from geopolitical risks

Energy CFDs are highly susceptible to seasonal and supply-demand fluctuations, so frequent monitoring is crucial

It is important to develop trading strategies while taking seasonal factors into consideration, such as the demand for natural gas during the winter months and the demand for gasoline during the summer driving season

Due to the extremely high volatility, it is essential to thoroughly manage leverage and set appropriate stop-loss orders to control risk

List of swap points for stock index CFDs

Stock index CFDs are subject to an annualized swap rate

In the US index, it is sometimes possible to earn positive swap points by selling

*The following figures represent swap points per lot (per contract)

Brand	Buy swap	Sell ​​swap
JP225 (Nikkei)	-3,342 yen	-2,228 yen
US500 (S&P)	-8,438 yen	+1,388 yen
NAS100	-12,344 yen	+2,031 yen
GER40	-12,564 yen	-1,553 yen
UK100	-3,228 yen	+819 yen
HK50	-4,055 yen	-2,003 yen

Depending on the index, shorting can result in positive swap points, which can be useful for medium- to long-term strategies

A short position in NAS100 yields a positive swap of +2,031 yen, and a short position in US500 yields a positive swap of +1,388 yen

This reflects the impact of high interest rates and dividend adjustments in the United States

Let's look at the overall holding costs, taking dividend adjustments into account

The Nikkei 225 and the German DAX (GER40) indices incur negative swap rates even on short positions, making them suitable for short-term trading

The negative swap rates for long positions are generally large, and particular attention should be paid to the -12,564 yen for GER40 and the -12,344 yen for NAS100

Stock market indices are easily influenced by corporate earnings and monetary policy, and can fluctuate significantly around earnings seasons and central bank meetings

When entering a trade, be sure to consider swap costs and aim for the right timing

List of swap points for stock CFDs

With individual stock CFDs, both buying and selling incur negative swaps, but the negative swap tends to be less pronounced for selling

*The following figures represent swap points per share

Brand	Buy swap	Sell ​​swap
Apple	-4.78 yen/day	-2.03 yen/day
Amazon	-5.10 yen/day	-2.17 yen/day
Tesla	-7.39 yen/day	-3.14 yen/day
Microsoft	-11.57 yen/day	-4.91 yen/day
Google	-4.10 yen/day	-1.74 yen/day
Meta	-17.17 yen/day	-7.29 yen/day
Nvidia	-3.68 yen/day	-1.56 yen/day

Individual stocks can fluctuate sharply due to event-related factors, so in addition to swaps, be sure to check news and earnings announcements

In particular, it's important to pay attention to the movements of US stocks, especially during the late hours

Meta's long positions have the highest negative swap at -17.17 yen, meaning that holding 100 shares would incur a cost of 1,717 yen per day

In many cases, the swap for short positions is kept to less than half that of long positions. For example, at Nvidia, the swap for short positions is -3.68 yen compared to -1.56 yen compared to a long position, and at Google, it's -4.10 yen compared to -1.74 yen compared to a short position

This is because the cost of short selling is set relatively low

On the ex-dividend date, a separate adjustment is made: the dividend equivalent amount is added to long positions and deducted from short positions

Individual stocks carry high company-specific risks, so we recommend diversifying your investments across multiple stocks to hedge against those risks

AXIORY's Recommended Ranking of High Swap Points

If you're aiming for high swap rates with AXIORY, the selection of currency pairs and commodities is extremely important

Based on data as of October 2025, we present a ranking of stocks with large positive swap rates

However, since high-swap securities also carry significant exchange rate risk, thorough risk management is essential

Below, we have created a ranking of buy and sell positions, ordered from highest to lowest daily swap earnings

[Top 10 Buy Positions with High Swap Rates]

Rank	Brand	Swap earnings/day	Features and points to note
1st place	WTI crude oil	+6,587 yen	Backwardation trading is advantageous
2nd place	brent crude oil	+4,484 yen	Be aware of geopolitical risks
3rd place	USD/CHF	+1,539 yen	Reflecting high interest rates in the US dollar
4th place	XPT/USD (Platinum)	+994 yen	Affected by fluctuations in industrial demand
5th place	GBP/JPY	+826 yen	The interest rate differential of the pound is attractive
6th place	USD/JPY	+621 yen	The most popular currency pairs
7th place	USD/CAD	+494 yen	It tends to correlate with resource prices
8th place	AUD/JPY	+437 yen	A leading currency of Oceania
9th place	NZD/JPY	+354 yen	Interest rate differentials are narrowing
10th place	CAD/JPY	+283 yen	Correlation with crude oil prices

[Top 10 Sell Positions with High Swap Rates]

Rank	Brand	Swap earnings/day	Features and points to note
1st place	EUR/TRY	+10,000 yen	Extremely high exchange rate fluctuation risk
2nd place	USD/TRY	+7,000 yen	Pay attention to the political and economic situation in Türkiye
3rd place	EUR/ZAR	+2,181 yen	South African Rand Liquidity Risk
4th place	XAU/USD (Gold)	+2,186 yen	High risk of adverse movement during risk-off periods
5th place	NAS100	+2,031 yen	Selling of technology stock index
6th place	XAG/USD (Silver)	+1,439 yen	Higher volatility than gold
7th place	US500 (S&P)	+1,388 yen	Selling off of US stocks as a whole
8th place	XPD/USD (Palladium)	+1,272 yen	Dependent on demand from the automotive industry
9th place	USD/ZAR	+894 yen	Emerging market currency risk
10th place	EUR/USD	+889 yen	High liquidity and easy to trade

Key points to consider when choosing high-swap stocks

Exotic currency pairs (TRY, ZAR, MXN) offer exceptionally high swap rates, but the risks are also significantly higher

While the potential swap earnings of nearly 10,000 yen per day from Turkish lira-related trades may seem attractive, the currency's value can fluctuate by more than 10% overnight

Even if you earn 100,000 yen in swap points over 10 days, you should understand that you could lose 200,000 yen due to exchange rate fluctuations

Crude oil in energy CFDs currently has a positive swap, but this may be a temporary phenomenon

Since a shift in the supply and demand balance in the futures market can lead to negative swap rates, regular checks are necessary

Trading major and minor currency pairs against the Japanese yen can be expected to yield relatively stable swap returns

A gain of 826 yen for GBP/JPY and 437 yen for AUD/JPY can be considered levels that make it easier to balance with exchange rate risk

For beginners, we recommend starting with these currency pairs

The appeal of short positions in stock index CFDs lies in the fact that they allow you to aim for both exchange rate gains and swap income when the market declines

However, since stock prices tend to rise in the long term, timing is crucial

Points to note regarding AXIORY's swap points

There are several important points to keep in mind when engaging in swap trading with AXIORY

Even if you understand the mechanism of swap points, there are often unexpected pitfalls in actual trading

There are certain rules that you should understand in advance, such as the timing of rollovers, withdrawal conditions, and whether or not hedging strategies are permitted。

Unexpected costs can arise if you trade without knowing about factors such as the existence of stocks with high negative swap rates or the triple swap rate on Wednesdays

Here, we will explain in detail five important points you should know when trading swaps with AXIORY

AXIORY swap points are awarded upon rollover

AXIORY's swap points are automatically credited to your account upon rollover

A rollover refers to carrying over a position to the next trading day, at which point swaps are calculated and applied

During daylight saving time, the rollover time is 6 AM Japan time, and during standard time, it is 7 AM Japan time

The important point is that you will receive swap points even if you only hold the position for a few minutes before and after the rollover time

If you open a position at 5:59 AM and close it at 6:01 AM, you can receive a full day's worth of swap points even with a holding period of just two minutes

This mechanism, which allows for "short-term holding aimed at swap gains," is an effective strategy for currency pairs with positive swap rates

However, the period around the rollover time is also a time when spreads tend to widen

Transaction costs may be higher than usual, and losses may exceed swap earnings, so caution is advised

For company employees, this is the time before they go to work, so it's important to prepare for risk management by setting limit orders and stop-loss orders in advance

Swap points cannot be withdrawn

At AXIORY, you cannot withdraw profits earned from swap points on their own

Swap points are treated as unrealized gains or losses, and only become realized gains when the position is closed

In other words, it's impossible to withdraw only the swap amount while still holding a position

For example, even if you hold 10 lots of USD/JPY and receive a daily swap of 6,210 yen, you cannot withdraw it directly

By closing your position, the swap earnings will be reflected in your account balance and become available for withdrawal

If you are considering long-term swap trading, you will need to periodically close your positions to realize profits

Strategies for managing swap earnings include closing a portion of positions at the end of the month, or diversifying profits across multiple positions and taking profits gradually

However, frequent settlements incur spread costs, so it's important to manage your investments with a balanced approach

In the case of negative swaps, they are deducted from your account balance daily and can cause your margin maintenance ratio to decrease, so be sure to pay close attention to your fund management

It is possible to use a hedging strategy to profit from swap points

AXIORY allows hedging with the same currency pair, which can be used as a strategy to profit from swaps

Hedging refers to simultaneously holding both buy and sell positions in the same currency pair

This is known as a method that aims to profit from swap differences while hedging against exchange rate fluctuation risk

However, in reality, there are very few currency pairs where you can make a profit by hedging

In the case of USD/JPY, the buy swap is +621 yen while the sell swap is -1,811 yen, resulting in a daily loss of -1,190 yen if you hold both positions

For almost all currency pairs, the combined buy and sell swaps are designed to be negative

Hedging is only effective in limited cases, such as when you want to profit from short-term currency fluctuations while maintaining a long-term position

In hedging strategies, the required margin is doubled, resulting in poor leverage efficiency. Therefore, it can be said that this strategy is unsuitable for those who prioritize capital efficiency

Many stocks have negative swap rates

Looking at the instruments AXIORY handles, there are many currency pairs where both buying and selling result in negative swap points

Even popular indices like GBP/USD, GER40 (DAX), and JP225 (Nikkei 225) can experience losses in both directions

Natural gas CFDs require particular attention

A long position incurs a massive negative swap of -17,636 yen per day, and a short position incurs a massive negative swap of -1,391 yen per day

Holding it for just one week could result in costs exceeding 100,000 yen, making it completely unsuitable for long-term investment

To minimize the impact of negative swaps, day trading and scalping, which are trading styles that do not involve overnight positions, are effective

Those considering long-term investments should always check whether swap costs will negatively impact their profits

Even if you expect a 10% price increase in a month, if you incur a 5% cost due to daily negative swaps, your actual profit will be halved

Swap triples when carried over on Wednesday

At AXIORY, you will receive triple swap points when you roll over between Wednesday and Thursday

This is because swaps for the weekend, when the market is closed, are calculated all at once

Because the foreign exchange market is closed on Saturdays and Sundays, there is a system in place to adjust for those two days on Wednesday

Currency pairs with positive swap rates present a great opportunity

If you have a long position in GBP/JPY (usually +826 yen), you can earn 2,478 yen in swap profit on Wednesday

Conversely, be aware that negative swaps incur three times the cost

One strategy that utilizes Wednesday is to open a new position on a currency pair with positive swap on Tuesday night and close it on Thursday morning

However, since many traders think the same way, the market tends to be unstable around Wednesday, and spreads may widen, so careful judgment is necessary

Frequently Asked Questions about AXIORY's Swap Points

Before starting swap trading, many traders have questions and concerns

We've compiled frequently asked questions, from the basic mechanism of swap points to specific investment methods with AXIORY

Understanding these questions and answers can increase your chances of success in swap trading

We will explain things in a way that is easy for beginners to understand, avoiding technical jargon as much as possible

Let's answer five important questions, including practical information that will be useful in actual trading

Summary | A complete explanation of AXIORY's swap points

This article explained everything from the mechanism of AXIORY's swap points to practical ways of using them

Swap points are the daily gains or expenses arising from the interest rate difference between currencies, and are an important factor for long-term traders

High-interest currency pairs are attractive, but they also carry greater exchange rate risk

Key features of AXIORY include automatic crediting during rollover time, triple swap on Wednesdays, and the ability to trade up to 1,000 lots

On the other hand, swap arbitrage through hedging is difficult, and negative swaps occur in both directions for many securities

Swap-free accounts are available only under specific conditions

The key to success is to start with a small amount to understand the market, make it a habit to check things beforehand using MT4/MT5, and prioritize risk management

When trading FX as a side hustle, swap points can be a stable source of income, but you should always be mindful of balancing this with exchange rate risk