Exness has unique swap conditions, allowing trading of many popular assets such as cryptocurrencies and gold with no swap fees
This article provides a clear explanation of Exness's swap points, accrual times, triple points days, a list of Japanese yen equivalents for each stock, and a comparison with other companies
Understand the costs of medium- to long-term trades and use Exness to your advantage in swing trading
Contents
- 1 Basic knowledge of Exness swap points
- 2 Exness swap point list [with Japanese yen figures]
- 2.1 List of swap points for major currency pairs
- 2.2 List of swap points for minor currency pairs
- 2.3 List of swap points for exotic currency pairs
- 2.4 List of swap points for precious metal CFDs
- 2.5 List of swap points for energy CFDs
- 2.6 List of swap points for cryptocurrency CFDs
- 2.7 List of swap points for stock index CFDs
- 2.8 List of swap points for stock CFDs
- 3 Comparing Exness's swap points with those of other companies
- 4 How to check Exness swap points
- 5 About Exness's swap-free policy
- 6 Tips for making the most of Exness swaps
- 7 Frequently Asked Questions about Exness Swaps
- 8 Summary of Exness swaps
Basic knowledge of Exness swap points
This section explains the basics of swap points at Exness
- What are Exness swap points?
- Exness swap point accrual times and triple points days
- Exness offers swapfree
Make sure you understand each of the key points and have a solid grasp of the swap point mechanism and transaction costs
What are Exness swap points?
Swap points are interest rate adjustments incurred when an open position is held overnight .
In Exness, different values are set for each currency pair and CFD instrument, and these are calculated separately for buy and sell positions
While the impact may not be very noticeable in short-term trades, it accumulates over medium- to long-term holdings and directly affects the overall profit or loss of the trade
For example, even with highly liquid assets like the dollar against the yen or gold, the swap difference can be significant, and if you continue to hold them without realizing it, you may incur unexpected costs
When trading with Exness, it is important to check the swap points for each instrument beforehand
Exness swap point accrual times and triple points days
In Exness, swaps are calculated daily at 0:00 server time
The following changes are reflected in the early morning hours in Japan Standard Time, so if you hold a position overnight, swaps will be automatically applied or deducted
- Japan Standard Time (Daylight Saving Time): Around 6:00 AM
- Japan Standard Time (Winter Time): Around 7:00 AM
Wednesday is a day to be particularly careful about, as the swap calculated on this day will cover three days, including the weekend
For those who hold positions for a long time, costs may be higher than expected, or conversely, profits may increase
Exness offers swapfree
One of the features of Exness is that it offers a swap-free system where no swap points are incurred .
With many CFD instruments, such as cryptocurrencies, stock indices, gold, and crude oil, no swap fees are incurred even if you hold them overnight, allowing for long-term holding without worrying about additional costs
Swap-free trading is an effective way to reduce costs in swing trading and medium- to long-term investments, and it is especially beneficial for stocks with large price fluctuations
Exness's swap-free policy is explained in detail later in the section About Exness's Swap-Free System
Exness swap point list [with Japanese yen figures]
Here, we present a list of Exness's latest swap points as of September 2025, including their conversion to Japanese yen
- List of swap points for major currency pairs
- List of swap points for minor currency pairs
- List of swap points for exotic currency pairs
- List of swap points for precious metal CFDs
- List of swap points for energy CFDs
- List of swap points for cryptocurrency CFDs
- List of swap points for stock index CFDs
- List of swap points for stock CFDs
Use this information to understand the costs associated with swap points and to develop trading strategies that take swap points into consideration
List of swap points for major currency pairs
Exness's list of major currency pair swap points
| currency pair | Long swap (pips) | Short swap (pips) |
|---|---|---|
| AUDUSD ( Australian Dollar/US Dollar) | −0.2 -298 yen | 0 0 yen |
| EURUSD ( Euro/US Dollar) | −0.89 -1,324 yen | 0 0 yen |
| GBP/USD (British Pound/US Dollar) | −0.26 -387 yen | 0 0 yen |
| NZDUSD ( New Zealand Dollar/US Dollar) | −0.34 -506 yen | 0 0 yen |
| USD/CAD (US Dollar/Canadian Dollar) | 0 0 yen | −0.82 -1,220 yen |
| USD/CHF ( US Dollar/Swiss Franc) | 0 0 yen | −1.11 -1,651 yen |
| USD/JPY (US Dollar/Japanese Yen) | 0 0 yen | −1.79 -1,790 yen |
Exness's major currency pairs often show negative swap rates when going long
For example, EURUSD is down 0.89 pips (approximately -1,324 yen), GBPUSD is down 0.26 pips (approximately -387 yen), and NZDUSD is down 0.34 pips (approximately -506 yen)
Many major currency pairs have swap points set to 0 yen for short positions, which is a key feature of selling without having to worry about additional costs
List of swap points for minor currency pairs
Exness's list of swap points for minor currency pairs
| currency pair | Long swap (pips) | Short swap (pips) |
|---|---|---|
| AUDCAD ( Australian Dollar/Canadian Dollar) | 0 0 yen | −0.37 -550 yen |
| AUDCHF Australian Dollar / Swiss Franc | 0 0 yen | −0.62 -922 yen |
| AUD/JPY ( Australian Dollar/Japanese Yen) | 0 0 yen | −1.01 -1,010 yen |
| AUDNZD ( Australian Dollar/New Zealand Dollar) | −0.06 -89 yen | −0.44 -654 yen |
| CADCHF Canadian Dollar / Swiss Franc | 0 0 yen | −0.52 -774 yen |
| CAD/JPY ( Canadian Dollar/Japanese Yen) | 0 0 yen | −0.81 -810 yen |
| CHFJPY Swiss Franc/Japanese Yen | −0.52 -520 yen | 0 0 yen |
| EURAUD ( Euro/Australian Dollar) | −1.09 -1,621 yen | 0 0 yen |
| EURCAD ( Euro/Canadian Dollar) | −0.48 -714 yen | 0 0 yen |
| EURCHF Euro/Swiss Franc | 0 0 yen | −0.65 -967 yen |
| EURGBP Euro/British Pound | −0.59 -878 yen | 0 0 yen |
| EUR/JPY ( Euro/Japanese Yen) | 0 0 yen | −1.23 -1,230 yen |
| EURNZD Euro/New Zealand Dollar | −1.11 -1,651 yen | 0 0 yen |
| GBPAUD (British Pound/Australian Dollar) | −0.08 -119 yen | −0.4 -595 yen |
| GBPCAD (British Pound/Canadian Dollar) | 0 0 yen | −0.92 -1,368 yen |
| GBPCHF (British Pound/Swiss Franc) | 0 0 yen | −1.67 -2,484 yen |
| GBP/JPY (British Pound/Japanese Yen) | 0 0 yen | −2.57 -2,570 yen |
| GBPNZD ( British Pound/New Zealand Dollar) | −0.15 -223 yen | −1.25 -1,859 yen |
| HKDJPY Hong Kong Dollar / Japanese Yen | 0 0 yen | −0.17 -170 yen |
| NZDCAD ( New Zealand Dollar/Canadian Dollar) | −0.07 -104 yen | −0.18 -268 yen |
| NZDC ( New Zealand Dollar/Swiss Franc) | 0 0 yen | −0.51 -759 yen |
| NZDJPY ( New Zealand Dollar/Japanese Yen) | 0 0 yen | −0.86 -860 yen |
| USD/CNH (US Dollar/Chinese Yuan) | 0 0 yen | −9.52 -95 yen |
| USD/HKD US Dollar / Hong Kong Dollar | 0 0 yen | −4.8 -48 yen |
| USD/THB (US Dollar/Thai Baht) | −8.7 -87 yen | −5.01 -50 yen |
Exness's minor currency pairs tend to incur large negative swaps on the short side, even when combining major currencies
For example, AUDJPY was down -1.01 pips (approximately -1,010 yen) when short, and AUDCHF was down -0.62 pips (approximately -922 yen) when short, highlighting the burden on the selling side
On the other hand, many stocks have a long position set at 0 yen, making it easier to keep costs down when taking a long position
Because minor currency pairs have lower liquidity than major ones, their swap points are more volatile, so extra caution is needed when considering long-term holdings
List of swap points for exotic currency pairs
Exness's list of swap points for exotic currency pairs
| currency pair | Long swap (pips) | Short swap (pips) |
|---|---|---|
| AUDDKK Australian Dollar / Danish Krone | 0 0 yen | −3.88 -5,772 yen |
| AUDMXN Australian Dollar / Mexican Peso | −30.76 -45,756 yen | 0 0 yen |
| AUD /Norwegian Krone | −8.55 -12,718 yen | 0 0 yen |
| AUDPLN ( Australian Dollar/Polish Zloty) | −3.65 -5,429 yen | 0 0 yen |
| AUDSEK ( Australian Dollar) / Swedish Krona | 0 0 yen | −4.54 -6,753 yen |
| AUDSGD ( Australian Dollar/Singapore Dollar) | 0 0 yen | −0.91 -1,354 yen |
| AUDZAR ( Australian Dollar/South African Rand) | −23.43 -34,852 yen | 0 0 yen |
| CADMXN Canadian Dollar / Mexican Peso | −30.76 -45,756 yen | 0 0 yen |
| CADNOK (Canadian Dollar/Norwegian Krone) | −8.54 -12,703 yen | 0 0 yen |
| CADPLN Canadian Dollar / Polish Zloty | −3.65 -5,429 yen | 0 0 yen |
| CHFDKK Swiss Franc/Danish Krone | −6.65 -9,892 yen | 0 0 yen |
| CHFMXN Swiss Franc/Mexican Peso | −61.52 -91,511 yen | 0 0 yen |
| CHFNOK Swiss Franc / Norwegian Krone | −17.07 -25,392 yen | 0 0 yen |
| CHFPLN Swiss Franc / Polish Zloty | −7.3 -10,859 yen | 0 0 yen |
| CHFSEK Swiss Franc / Swedish Krona | −9.07 -13,492 yen | 0 0 yen |
| CHFSGD Swiss Franc/Singapore Dollar | −0.92 -1,368 yen | 0 0 yen |
| CHFZAR Swiss Franc / South African Rand | −46.87 -69,719 yen | 0 0 yen |
| DKK/JPY Danish Krone/Japanese Yen | 0 0 yen | −0.87 -870 yen |
| DKKPLN Danish Krone/Polish Zloty | −3.65 -5,429 yen | 0 0 yen |
| DKKSGD Danish Krone/Singapore Dollar | −0.03 -45 yen | −0.07 -104 yen |
| DKKZAR Danish Krone/South African Rand | −10.39 -15,455 yen | 0 0 yen |
| EURDKK Euro/Danish Krone | −0.07 -104 yen | −1.48 -2,202 yen |
| EURMXN Euro/Mexican Peso | −48.01 -71,415 yen | 0 0 yen |
| EURNOK ( Euro/Norwegian Krone) | −8.66 -12,882 yen | 0 0 yen |
| EURPLN Euro/Polish Zloty | −4.12 -6,128 yen | 0 0 yen |
| EURSEK ( Euro) / Swedish Krona | −1.12 -1,666 yen | −1.19 -1,770 yen |
| EURSGD Euro/Singapore Dollar | 0 0 yen | −0.91 -1,354 yen |
| EURZAR Euro/South African Rand | −30.96 -46,053 yen | 0 0 yen |
| GBPDKK ( British Pound/Danish Krone) | 0 0 yen | −7.76 -11,543 yen |
| GBPILS ( British Pounds/Israeli Shekels) | −0.85 -1,264 yen | −0.38 -565 yen |
| GBPMXN British Pound / Mexican Peso | −38.2 -56,823 yen | 0 0 yen |
| GBPNOK ( British Pound/Norwegian Krone) | −2.45 -3,644 yen | −0.88 -1,309 yen |
| GBPPLN (British Pound/Polish Zloty) | −3.65 -5,429 yen | 0 0 yen |
| GBPSEK (British Pound/Swedish Krona) | 0 0 yen | −8.58 -12,763 yen |
| GBPSGD ( British Pounds/Singapore Dollars) | 0 0 yen | −1.81 -2,692 yen |
| GBPZAR ( British Pound/South African Rand) | −23.43 -34,852 yen | 0 0 yen |
| MXNJPY Mexican Peso/Japanese Yen | 0 0 yen | −24.28 -24,280 yen |
| NOKDKK Norwegian Krone/Danish Krone | 0 0 yen | −3.77 -5,608 yen |
| NOKJPY Norwegian Krone/Japanese Yen | 0 0 yen | −1.25 -1,250 yen |
| NOKSEK Norwegian Krone/Swedish Krona | 0 0 yen | −4.54 -6,753 yen |
| NZDDKK ( New Zealand Dollar/Danish Krone) | −0.67 -997 yen | −3.42 -5,087 yen |
| NZDMXN New Zealand Dollar / Mexican Peso | −13.64 -20,290 yen | −23.95 -35,626 yen |
| NZDNOK ( New Zealand Dollar/Norwegian Krone) | −8.74 -13,001 yen | 0 0 yen |
| NZDPLN ( New Zealand Dollar/Polish Zloty) | −3.65 -5,429 yen | 0 0 yen |
| NZDSEK ( New Zealand Dollar/Swedish Krona) | −1.06 -1,577 yen | −3.27 -4,864 yen |
| NZDSGD New Zealand Dollar / Singapore Dollar | 0 0 yen | −0.91 -1,354 yen |
| NZDZAR ( New Zealand Dollar/South African Rand) | −22.84 -33,974 yen | 0 0 yen |
| PLNDKK Polish Zloty/Danish Krone | 0 0 yen | −6.36 -9,460 yen |
| PLNJPY Polish Zloty/Japanese Yen | 0 0 yen | −14.62 -14,620 yen |
| PLNSEK Polish Zloty/Swedish Krona | 0 0 yen | −4.54 -6,753 yen |
| SEKDKK Swedish Krona/Danish Krone | −0.03 -45 yen | −0.14 -208 yen |
| SEKJPY Swedish Krona/Japanese Yen | 0 0 yen | −0.7 -700 yen |
| SGDHKD Singapore Dollar / Hong Kong Dollar | −5.04 -7,497 yen | 0 0 yen |
| SGDJPY Singapore Dollar / Japanese Yen | −0.04 -40 yen | −0.43 -430 yen |
| USD/DKK ( US Dollar/Danish Krone) | 0 0 yen | −6.76 -68 yen |
| USDILS ( USD/ILS) | −0.46 -5 yen | −0.75 -8 yen |
| USD/MXN ( US Dollar/Mexican Peso) | −30.76 -308 yen | 0 0 yen |
| USD/NOK ( US Dollar/Norwegian Krone) | −0.77 -8 yen | −1.65 -16 yen |
| USDPLN ( US Dollar/Polish Zloty) | −3.65 -36 yen | 0 0 yen |
| USDSEK ( US Dollar/Swedish Krona) | 0 0 yen | −7.77 -78 yen |
| USD/SGD US Dollar / Singapore Dollar | 0 0 yen | −1.41 -14 yen |
| USD/ZAR (US Dollar/South African Rand) | −23.43 -234 yen | 0 0 yen |
| ZARJPY South African Rand/Japanese Yen | 0 0 yen | −1.95 -1,950 yen |
Exness's exotic currency pairs are characterized by their highly variable swap points
For example, AUDMXN is down -30.76 pips (approximately -45,756 yen) when long, and AUDNOK is down -8.55 pips (approximately -12,718 yen) when long, indicating that simply holding these positions incurs significant costs
On the other hand, many currencies become worthless when shorted, so the burden varies greatly depending on the direction
Exotic currency pairs have low liquidity and are highly volatile, making them unsuitable for long-term holding
When trading, it is essential to focus on short-term price movements and to thoroughly manage risk
Exotic currency pairs are attractive for earning swap points, but Exness generally has zero swap points for currency pairs that have positive swap points with other companies, making it impossible to trade with the aim of earning swap points
List of swap points for precious metal CFDs
Exness Precious Metals CFD Swap Point List
| Precious metal CFD | Long swap (pips) | Short swap (pips) |
|---|---|---|
| XAGAUD Silver/Australian Dollar | -0.01 -15 yen | -0.12 -182 yen |
| XAGEUR Silver/Euro | 0 0 yen | -0.23 -368 yen |
| XAGGBP Silver/British Pound | -0.05 -101 yen | -0.02 -40 yen |
| XAGUSD Silver/US Dollar | −0.1 -744 yen | 0 0 yen |
| XALUSD XAL /USD | −4.13 -6,142 yen | −0.82 -1,219 yen |
| XAUAUD Gold/Australian Dollar | -66.02 -100,242 yen | 0 0 yen |
| XAUEUR Gold/Euro | -21.29 -3,406 yen | 0 0 yen |
| XAUGBP Gold/British Pound | -32.65 -6,591 yen | 0 0 yen |
| XAUUSD Gold/US Dollar | −48 -7,138 yen | 0 0 yen |
| XCUUSD Copper/US Dollar | −19 -28,255 yen | 0 0 yen |
| XNIUSD Nickel/US Dollar | −40.2 -59,781 yen | −23.25 -34,575 yen |
| XPBUSD Lead/USD | −7.53 -11,198 yen | −3.05 -4,536 yen |
| XPDUSD Palladium/US Dollar | −0.59 -877 yen | 0 0 yen |
| XPTUSD Platinum/USD | 0 0 yen | −4.6 -6,841 yen |
| XZNUSD Zinc/US Dollar | −5.74 -8,536 yen | −3.58 -5,324 yen |
Exness's precious metals CFDs have different swap rates depending on the instrument
For example, with silver (XAGUSD), a long position would result in a loss of -0.1 pips (approximately -744 yen), while a short position would incur no loss at all
On the other hand, a short position in XAGEUR would incur a loss of -0.23 pips (approximately -368 yen)
If XAUUSD is no longer eligible for swap-free trading, a long position will incur a significant loss of -48 pips (approximately -7,138 yen), and it is important to note that costs tend to accumulate if held for a long period of time
Precious metal CFDs are popular trading instruments, but it's important to understand the size of the swap points for each instrument before trading
List of swap points for energy CFDs
Exness Energy CFD Swap Point List
| Energy CFD | Long swap (pips) | Short swap (pips) |
|---|---|---|
| UKOIL Brent Crude Oil/USD | 0 0 yen | −2.95 -4,389 yen |
| USOIL WTI Crude Oil/US Dollar | 0 0 yen | −2.78 -4,136 yen |
| XNGUSD Natural Gas/US Dollar | −14.35 -21,350 yen | 0 0 yen |
The swap fees for Exness's energy CFDs vary significantly depending on the instrument
Brent crude oil (UKOIL) is at 0 yen for long positions and -2.95 pips (approximately -4,389 yen) for short positions. WTI crude oil (USOIL) is also at 0 yen for long positions and -2.78 pips (approximately -4,136 yen) for short positions
Both strategies incur costs when selling, making them suitable for those who primarily engage in short-term trading
Conversely, natural gas (XNGUSD) incurred a significant loss of -14.35 pips (approximately -21,350 yen) for long positions, while short positions resulted in a loss of 0 yen
Energy stocks are highly volatile, and Exness has large swap fees, so they are not very suitable for long-term holding
List of swap points for cryptocurrency CFDs
Exness Cryptocurrency CFD Swap Point List
| Cryptocurrency CFDs | Long swap (pips) | Short swap (pips) |
|---|---|---|
| BTCAUD Bitcoin/Australian Dollar | −34.1 -330 yen | −36.46 -353 yen |
| BTCCNH Bitcoin/Chinese Yuan | −153.37 -318 yen | −378.52 -785 yen |
| BTCJPY Bitcoin/Japanese Yen | -327.64 -327 yen | -747.8 -747 yen |
| BTCTHB Bitcoin/Thai Baht | −71.39 -33 yen | −246.5 -112 yen |
| BTCUSD Bitcoin/US Dollar | −222.42 -3,296 yen | 0 0 yen |
| BTCXAG Bitcoin/Silver | -623.6 -3,220 yen | -1027.6 -5,307 yen |
| BTCXAU Bitcoin/Gold | -669.9 -3,197 yen | -1591.3 -7,593 yen |
| BTCZAR Bitcoin/South African Rand | -397.9 -3,230 yen | -154.7 -1,256 yen |
| ETHUSD ( Ethereum/US Dollar) | −9.18 -136 yen | 0 0 yen |
Exness's cryptocurrency CFDs are characterized by their low swap rates
For example, Bitcoin/AUD (BTCAUD) is down 34.1 pips (approximately -330 yen) for long positions and 36.46 pips (approximately -353 yen) for short positions, so both incur roughly the same loss
Bitcoin/Chinese Yuan (BTCCNH) is down 153.37 pips (approximately -318 yen) for long positions and 378.52 pips (approximately -785 yen) for short positions, indicating a slightly heavier burden on the short side
Bitcoin/Japanese Yen (BTCJPY) shows a clear and easy-to-understand cost in yen terms: -327 yen for long positions and -747 yen for short positions
Overall, the daily swap amount is small, which is an advantage as it makes holding cryptocurrency over the medium term less of a burden
List of swap points for stock index CFDs
Exness Stock Index CFD Swap Point List
| Stock index CFDs | Long swap (pips) | Short swap (pips) |
|---|---|---|
| AUS200 (Australia ASX200 Index) | −15.15 -147 yen | 0 0 yen |
| DE30 German DAX30 Index | −2.48 -429 yen | 0 0 yen |
| FR40 France CAC40 Index | 0 0 yen | −6.07 -105 yen |
| HK50 Hong Kong Hang Seng Index | −3.57 -68 yen | 0 0 yen |
JP225 Nikkei | 0 0 yen | 0 0 yen |
| STOXX50 Euro STOXX 50 Index | −3.98 -69 yen | 0 0 yen |
| UK100 (FTSE 100 index) | −15.03 -300 yen | 0 0 yen |
| Dow Jones Industrial Average (US 30 stocks) | −7.97 -1,183 yen | 0 0 yen |
| US500 S&P500 Index | −11.99 -178 yen | 0 0 yen |
| USTEC Nasdaq 100 Index | −45.99 -682 yen | 0 0 yen |
With stock index CFDs, there are costs associated with holding long positions in all indices
US30 shows a long position of -7.97 pips (approximately -1,183 yen) and a short position of 0 yen. US500 shows a long position of -11.99 pips (approximately -178 yen) and a short position of 0 yen. USTEC shows a long position of -45.99 pips (approximately -682 yen) and a short position with 0 yen in swap points
In Japan, both long and short positions in JP225 are 0 yen, and there are no carry-over costs
Regarding stock index CFDs, if you only consider swap points, trading the Nikkei 225 is currently more advantageous under the current specifications
List of swap points for stock CFDs
Exness Stock CFD Swap Point List
| Stock CFDs | Long swap (pips) | Short swap (pips) |
|---|---|---|
| AMZN Amazon.com | −0.36 -53.4 yen | −0.3 -44.5 yen |
| BABA Alibaba Group Holding | −0.22 -32.6 yen | −0.18 -26.7 yen |
| COST Wholesale | −1.5 -222.5 yen | −1.27 -188.4 yen |
| eBay | −0.14 -20.7 yen | −0.8 -118.7 yen |
| EDU New Oriental Education and Technology | −0.08 -11.8 yen | −0.07 -10.3 yen |
| F Ford Motor Company | −0.02 -2.9 yen | −0.29 -43.0 yen |
| HD Home Depot | −0.64 -94.9 yen | −0.54 -80.1 yen |
| JD JD.com | −0.05 -7.4 yen | −0.16 -23.7 yen |
| LI Re-Auto | −0.04 -5.9 yen | −0.03 -4.4 yen |
| Mastercard | −0.94 -139.4 yen | −1.29 -191.4 yen |
| MCD McDonald's | −0.5 -74.1 yen | −1.9 -281.9 yen |
| NFLX Netflix | −1.93 -286.3 yen | −1.63 -241.8 yen |
| NIO | −0.01 -1.4 yen | −0.01 -1.4 yen |
| NKE Nike | −0.12 -17.8 yen | −1.01 -149.8 yen |
| PDD Pinduoduo | −0.2 -29.6 yen | −0.17 -25.2 yen |
| PG Procter & Gamble | −0.25 -37.0 yen | −1.23 -182.5 yen |
| PYPL (PayPal Holdings) | −0.11 -16.3 yen | −0.09 -13.3 yen |
| SBUX Starbucks | −0.14 -20.7 yen | −1.14 -169.1 yen |
| TAL Education Group | −0.02 -2.9 yen | −0.41 -60.8 yen |
| TME (Tencent Music Entertainment) | −0.04 -5.9 yen | −0.03 -4.4 yen |
| TSLA Tesla | −0.54 -80.1 yen | −0.46 -68.2 yen |
| UPS United Parcel Service | −0.14 -20.7 yen | −2.43 -360.5 yen |
| V visa | −0.55 -81.6 yen | −2.09 -310.1 yen |
| VIPS Shop | −0.03 -4.4 yen | −0.02 -2.9 yen |
| WMT Walmart | −0.16 -23.7 yen | −0.41 -60.8 yen |
| XPEV Xiao Peng (Xiaopeng Motor) | −0.03 -4.4 yen | −0.03 -4.4 yen |
| YUMC (Yum China) | −0.07 -10.3 yen | −1.02 -151.3 yen |
| CVS CVS Health | −0.12 -17.8 yen | −0.21 -31.1 yen |
| KO Coca-Cola | −0.11 -16.3 yen | −0.77 -114.2 yen |
| MDLZ Mondelez International | −0.1 -14.8 yen | −0.71 -105.3 yen |
| PEP PepsiCo | −0.23 -34.1 yen | −0.2 -29.6 yen |
| XOM ExxonMobil | −0.18 -26.7 yen | −0.26 -38.5 yen |
| BAC (Bank of America) | −0.08 -11.8 yen | −0.71 -105.3 yen |
| BEKE KE Holdings | −0.03 -4.4 yen | −5.19 -770.1 yen |
| C Citigroup | −0.15 -22.2 yen | −0.37 -54.9 yen |
| CME CME Group | −0.42 -62.3 yen | −0.62 -91.9 yen |
| FUTU Holdings | −0.31 -45.9 yen | −0.26 -38.5 yen |
| JPM (JP Morgan Chase) | −0.47 -69.7 yen | −0.4 -59.3 yen |
| MS Morgan Stanley | −0.23 -34.1 yen | −0.95 -140.9 yen |
| WFC Wells Fargo | −0.13 -19.2 yen | −0.45 -66.7 yen |
| ABBV AbbVie | −0.34 -50.4 yen | −1.21 -179.5 yen |
| ABT Abbott Laboratories | −0.21 -31.1 yen | −0.42 -62.3 yen |
| AMGN (Amgen) | −0.45 -66.7 yen | −0.38 -56.3 yen |
| BIIB Biogen | −0.22 -32.6 yen | −0.19 -28.1 yen |
| BMY Bristol-Myers Squibb | −0.08 -11.8 yen | −0.16 -23.7 yen |
| GILD Gilead Sciences | −0.18 -26.7 yen | −3.88 -575.7 yen |
| ISRG Intuitive Surgical | −0.7 -103.8 yen | −0.59 -87.5 yen |
| JNJ Johnson & Johnson | −0.28 -41.5 yen | −0.49 -72.7 yen |
| LLY Eli Lilly | −1.16 -172.1 yen | −0.98 -145.4 yen |
| MMM 3M | −0.24 -35.6 yen | −2.06 -305.6 yen |
| MO Altria Group | −0.1 -14.8 yen | −0.34 -50.4 yen |
| MRK Merck | −0.13 -19.2 yen | −2.15 -319.0 yen |
| PFE Pfizer | −0.04 -5.9 yen | −0.27 -40.0 yen |
| PM Philip Morris International | −0.26 -38.5 yen | −0.39 -57.8 yen |
| REGN Regeneron Pharmaceuticals | −0.91 -135.0 yen | −0.77 -114.2 yen |
| UNH UnitedHealth Group | −0.48 -71.2 yen | −0.41 -60.8 yen |
| VRTX Vertex Pharmaceuticals | −0.63 -93.4 yen | −0.53 -78.6 yen |
| BA Boeing | −0.37 -54.9 yen | −0.31 -45.9 yen |
| CSX (Railway Company) | −0.05 -7.4 yen | −4.83 -716.6 yen |
| LIN Linde | −0.75 -111.2 yen | −0.97 -143.9 yen |
| LMT Lockheed Martin | −0.71 -105.3 yen | −1.23 -182.5 yen |
| TMO Thermo Fisher Scientific | −0.77 -114.2 yen | −0.65 -96.4 yen |
| ZTO ZTO Express | −0.03 -4.4 yen | −0.1 -14.8 yen |
| AMT American Tower | −0.31 -45.9 yen | −2.49 -369.4 yen |
| EQIX | −1.2 -178.0 yen | −1.02 -151.3 yen |
| AAPL Apple | −0.38 -56.3 yen | −0.32 -47.4 yen |
| ADBE (Adobe) | −0.55 -81.6 yen | −0.47 -69.7 yen |
| ADP Automatic Data Processing | −0.47 -69.7 yen | −1.14 -169.1 yen |
| AMD Advanced Micro Devices | −0.26 -38.5 yen | −0.22 -32.6 yen |
| AVGO Broadcom | −0.48 -71.2 yen | −1.65 -244.8 yen |
| BIDU (Baidu) | −0.15 -22.2 yen | −0.13 -19.2 yen |
| BILI | −0.04 -5.9 yen | −0.03 -4.4 yen |
| EA Electronic Arts | −0.27 -40.0 yen | −0.23 -34.1 yen |
| FTNT Fortinet | −0.12 -17.8 yen | −0.1 -14.8 yen |
| Google Alphabet | −0.37 -54.9 yen | −0.31 -45.9 yen |
| IBM | −0.38 -56.3 yen | −0.45 -66.7 yen |
| Intel | −0.04 -5.9 yen | −2.16 -320.5 yen |
| INTU (Intuit) | −1.05 -155.8 yen | −2.02 -299.7 yen |
| META Meta-Platforms | −1.17 -173.6 yen | −0.99 -146.9 yen |
| Microsoft | −0.8 -118.7 yen | −0.68 -100.9 yen |
| NTES (NetEase) | −0.22 -32.6 yen | −0.44 -65.2 yen |
| NVDA | −0.27 -40.0 yen | −0.31 -45.9 yen |
| ORCL Oracle | −0.35 -51.9 yen | −0.74 -109.8 yen |
| TSM Taiwan Semiconductor Manufacturing (TSMC) | −0.37 -54.9 yen | −0.31 -45.9 yen |
| CHTR Charter Communications | −0.41 -60.8 yen | −0.35 -51.9 yen |
| CMCSA Comcast | −0.05 -7.4 yen | −0.55 -81.6 yen |
| CSCO Cisco Systems | −0.11 -16.3 yen | −1.98 -293.8 yen |
| T AT&T | −0.05 -7.4 yen | −1.31 -194.3 yen |
| TMUS ( T-Mobile US) | −0.4 -59.3 yen | −0.34 -50.4 yen |
| VZ Verizon Communications | −0.07 -10.3 yen | −0.47 -69.7 yen |
Exness's stock CFDs generally incur negative swap fees for both long and short positions
On average, long positions result in a loss of around 50 yen, while short positions result in a loss of around 120 yen, meaning that short positions incur a greater burden
While the conditions for individual stocks vary from one stock to another, it's important to note that swap costs tend to accumulate, especially when considering long-term holdings
When trading stock CFDs, focusing on short- to medium-term trading tends to help keep costs down
Comparing Exness's swap points with those of other companies
Here, we will compare Exness's swap points with those of other companies
- Comparing major currency pairs such as USD/JPY
- Comparing swap points for high-interest currency pairs
- Comparing swap points for cryptocurrency CFDs such as BTCUSD
- Comparing Gold Swap Points
Let's take a closer look at how Exness compares to other companies in terms of swap points for popular trading instruments such as major currency pairs, high-interest currency pairs, and cryptocurrency CFDs
Comparing major currency pairs such as USD/JPY
| Company name | USDJPY Long Swap (pips) | USDJPY Short Swap (pips) | EURUSD Long Swap (pips) | EURUSD short swap (pips) | GBPUSD Long Swap (pips) | GBPUSD Short Swap (pips) | AUDUSD Long Swap (pips) | AUDUSD short swap (pips) |
|---|---|---|---|---|---|---|---|---|
| MYFXMarkets | 1.05 1,056 yen | -1.91 -1,917 yen | -0.953 -1,413 yen | 0.463 687 yen | -0.33 -488 yen | 0.036 53 yen | 0.48 71 yen | -2.13 -315 yen |
| Axi | 1.14 1,148 yen | -1.95 -1,950 yen | -0.85 -1,259 yen | 0.553 819 yen | -0.1 -148 yen | 0 0 yen | 0 0 yen | -1.95 -289 yen |
| BigBoss | 1.12 1,125 yen | -2.9 -2,900 yen | -0.7 -1,036 yen | 0.112 167 yen | -0.412 -610 yen | -0.352 -521 yen | 0.14 20 yen | -3.9 -578 yen |
| Vantage Trading | 0.965 965 yen | -1.95 -1,959 yen | -0.919 -1,361 yen | 0.469 694 yen | -0.268 -397 yen | 0.077 114 yen | 0.67 99 yen | -1.83 -271 yen |
| ThreeTrader | 0.921 921 yen | -1.92 -1,921 yen | -0.948 -1,404 yen | 0.419 620 yen | -0.254 -377 yen | -0.135 -200 yen | -0.25 -37 yen | -1.67 -247 yen |
| TitanFX | 0.761 761 yen | -1.99 -1,999 yen | -1.03 -1,539 yen | 0.503 745 yen | -0.48 -712 yen | -0.347 -514 yen | -0.66 -97 yen | -3.33 -493 yen |
| XS.com | 0.658 658 yen | -3.64 -3,642 yen | -1.08 -1,610 yen | 0.216 319 yen | -0.202 -300 yen | -0.202 -300 yen | 0.23 34 yen | -2.93 -434 yen |
| XMTrading | 0.352 352 yen | -2.85 -2,858 yen | -1.09 -1,617 yen | 0.438 648 yen | -0.551 -816 yen | -0.2 -297 yen | -0.78 -115 yen | -2.88 -426 yen |
| MiltonMarkets | 0.328 328 yen | -3.37 -3,374 yen | -0.894 -1,325 yen | 0.153 226 yen | -0.417 -618 yen | -0.22 -325 yen | 0.71 105 yen | -3.65 -315 yen |
| Exdefine | 0 0 yen | -1.78 -1,780 yen | -0.89 -1,307 yen | 0 0 yen | -0.24 -355 yen | -0.02 -29 yen | 0 0 yen | -2.2 -541 yen |
| HFM | 0 0 yen | -2.82 -2,820 yen | -1.13 -1,673 yen | 0 0 yen | -0.56 -829 yen | -0.27 -399 yen | -1.5 -222 yen | -3.3 -489 yen |
| FXGT | 3.21 321 yen | -29.5 -2,959 yen | -1.05 -1,568 yen | 0.368 545 yen | -0.398 -589 yen | -0.331 -490 yen | -0.84 -124 yen | -2.77 -410 yen |
Exness's swap rates for major currency pairs are generally simpler and easier to understand compared to other companies
For example, with USD/JPY, many other companies show a mix of gains and losses, with long positions yielding around +1,000 yen and short positions yielding around -1,900 yenExness consistently shows negative trends for both long and short positions
While other companies offer combinations where long positions are negative and short positions are positive for EURUSD and GBPUSD, Exness sets both buy and sell positions to negative, and some pairs even have a short position of 0 yen
A major feature of Exness is its simplicity and the ease with which it can help keep costs down when taking short positions
Comparing swap points for high-interest currency pairs
| Company name | USDTRY Long Swap (pips) | USDTRY short swap (pips) | USDMXN Long Swap (pips) | USDMXN Short Swap (pips) | USDZAR Long Swap (pips) | USDZAR Short Swap (pips) |
|---|---|---|---|---|---|---|
| MYFXMarkets | – | – | -24.2 -1,909 yen | 12.4 982 yen | -14.9 -1,254 yen | 7.88 659 yen |
| Axi | – | – | -54.6 -4,305 yen | 14 1,103 yen | -30 -2,511 yen | 8.5 711 yen |
| BigBoss | -453.6 -16,062 yen | – | -46.7 -3,685 yen | 4.68 369 yen | -3.08 -257 yen | -0.762 -63 yen |
| Vantage Trading | -377.9 -13,478 yen | 92.3 3,295 yen | -31.3 -2,475 yen | 36.6 289 yen | -20.7 -1,737 yen | 1.89 159 yen |
| ThreeTrader | – | – | -54 -4,256 yen | 7.08 558 yen | -34.6 -2,908 yen | 1.21 102 yen |
| TitanFX | -402.2 -14,347 yen | 72.2 2,578 yen | -51.1 -40,285 yen | 5.11 4,026 yen | -25.5 -2,135 yen | -1.45 -121 yen |
| XS.com | – | – | -51.5 -4,062 yen | 17.2 1,362 yen | -24.7 -2,076 yen | 6.39 535 yen |
| XMTrading | -546.5 -19,499 yen | 50.8 1,815 yen | -40.6 -3,207 yen | 13.3 1,053 yen | -62.6 -52,583 yen | 27.5 23,075 yen |
| MiltonMarkets | -465.8 -16,568 yen | 49.1 1,748 yen | – | – | -264.6 -221,257 yen | -157.4 -131,660 yen |
| Exdefine | – | – | -29.1 -2,296 yen | 0 0 yen | -22.7 -1,903 yen | 0 0 yen |
| HFM | – | – | -36.6 -2,890 yen | 0 yen | -37.9 -3,168 yen | 0 0 yen |
| FXGT | -429.5 -15,178 yen | 23.4 826 yen | -44.7 -3,531 yen | 8.1 638 yen | -4.41 -370 yen | 1.15 97 yen |
High-interest currency pairs are characterized by very large swap differences
Other companies, for example, can incur significant losses just by holding positions overnight, such as -1,900 to -4,300 yen for a long position in USDMXN, and -1,200 to -2,500 yen for a long position in USDZAR
Similarly, Exness sets the long position to a negative value, but the short position is often 0 yen or a very small positive value, making it easier to keep costs down, especially when limiting yourself to short positions
Because a strategy of "holding high-interest currencies long-term to profit from interest" carries risks, trading at Exness is generally more realistic, based on short-term trading and the use of short positions
Comparing swap points for cryptocurrency CFDs such as BTCUSD
| Cryptocurrency CFDs | BTCUSD Long Swap (Points) | BTCUSD Short Swap (Points) | ETHUSD Long Swap (Points) | ETHUSD Short Swap (Points) | XRPUSD Long Swap (Points) | XRPUSD Short Swap (Points) |
|---|---|---|---|---|---|---|
| Exdefine | -223 -328 yen | 0 0 yen | -8.89 -13 yen | 0 0 yen | – | – |
| ThreeTrader | -369 -54,416 yen | -153 -22,673 yen | -16.7 -246 yen | -16.7 -246 yen | -10.9 -161 yen | -10.9 -161 yen |
| Axi | -614 -906 yen | -153 -226 yen | -23.9 -3 yen | -5.98 0 yen | -15.6 -23 yen | -3.91 -5 yen |
| MYFX Markets | -715 -1,054 yen | -200 -294 yen | -20 -294 yen | -20 -294 yen | -20 -2,947 yen | -20 -2,947 yen |
| XMTrading | -755 -1,113 yen | -755 -1,113 yen | -30.2 -44 yen | -30.2 -44 yen | -23.3 -34 yen | -23.3 -34 yen |
| TitanFX | -768 -1,133 yen | -153 -226 yen | -29.9 -44 yen | -5.98 -8 yen | -19.5 -2,884 yen | -3.91 -576 yen |
| Vantage Trading | -317 -468 yen | 133 196 yen | -19.5 -28 yen | 5.18 7 yen | -12.7 -1,880 yen | 3.38 498 yen |
| XS.com | -922 -1,359 yen | -922 -1,359 yen | -35.9 -52 yen | -35.9 -52 yen | -23.4 -345 yen | -23.4 -345 yen |
Cryptocurrency CFD swap rates tend to vary significantly from broker to broker
Exness is characterized by its low risk, with a long position on BTCUSD resulting in a loss of -223 points (approximately -328 yen) and a short position resulting in 0 yen
In contrast, ThreeTrader's long position was down 54,416 yen, Axi's was down 906 yen, and MYFX Markets was down 1,054 yen, showing a difference of several tens of times even for the same Bitcoin
For those who want to hold cryptocurrency CFDs for the medium term, Exness offers an environment where swap costs can be significantly reduced
Comparing Gold Swap Points
| XAUUSD | Long swap (points) | Short swap (points) |
|---|---|---|
| BigBoss | -30.4 -4,488 yen | 19 -2,800 yen |
| FXGT | -38.1 -5,620 yen | 10 -1,475 yen |
| ThreeTrader | -43.5 -6,411 yen | 19.5 2,881 yen |
| Exdefine | -48 -707 yen | 0 0 yen |
| Axi | -49 -7,221 yen | 26.1 3,846 yen |
| Vantage Trading | -49.2 -7,251 yen | 25.2 3,714 yen |
| TitanFX | -51.4 -7,548 yen | 16.6 2,446 yen |
| XMTrading | -53.8 -7,938 yen | 19 2,800 yen |
| XS.com | -55.1 -8,124 yen | 4.17 614 yen |
| HFM | -56.1 -8,275 yen | 0 0 yen |
| MYFX Markets | -55.5 -8,179 yen | 17.6 2,602 yen |
| Milton Markets | -73.8 -10,882 yen | 15.5 2,294 yen |
Gold swap points vary significantly depending on the broker
Exness will charge negative swaps on long positions in gold if the gold is no longer eligible for swap-free trading
However, since Exness gold is generally swap-free at all times, you can trade gold for the medium to long term without worrying about the cost of holding positions, unlike with other companies .
How to check Exness swap points
You can check the swap points for Exness in the following ways:
The costs associated with swap points and the interest rate difference you receive fluctuate frequently
Let's look at how to check the latest swap points and how to find out the specific amount you can earn from them
Steps to check the swap list in MT4 or MT5
The latest swap points can be checked on Exness's MT4 and MT5 platforms
On the Exness official website, some instruments, such as cryptocurrency CFDs, are not displayed in the list, so checking them through MT4 or MT5 is the most reliable method
Open the list of stocks
To check Exness's swap points, open "Symbols" from the "View" menu at the top of MT4/MT5
Select the currency pair for which you want to check swap points
Select the currency pair for which you want to check the swap points from the list of currency pairs
On the left side, the listed stocks are categorized into files by market
Check the latest swap points
The trading conditions for each instrument are displayed at the bottom. The latest swap points are listed for both buy swaps (long swaps) and sell swaps (short swaps)
How to calculate using a swap point calculator
Exness offers a free swap point calculator that automatically calculates the current swap point amount
Exness's swap point calculator can be accessed from the Exness official website under "Resources" → "Trading calculator"
It can also be used through the Exness mobile app .
Exness's swap point calculator automatically calculates the swap point amount simply by entering the following information and pressing "Calculate"
| item | Content |
|---|---|
| Account Type | Account type |
| Bank | Margin currency |
| Instrument | Trading stocks |
| Leverage | Maximum leverage |
| Lot | trading lot size |
About Exness's swap-free policy
Exness offers swap-free trading for specific securities
Here, we have summarized our explanation of Exness's swap-free policy in the following three points
- Check the list of stocks to which swap-free options apply
- How to check swap-free status and its applicable period
- Understand the conditions and points to note when swap-free status is removed
Let's take a closer look at Exness's swap-free policy, which eliminates the carry-over cost of negative swaps
Check the list of stocks to which swap-free options apply
Exness offers two types of swap-free options: always swap-free and preferential swap-free
| classification | Target stocks | Features |
|---|---|---|
| Always swap-free | XAUUSD Stock Index CFD Stock CFD Cryptocurrency CFD | This applies to all traders at all times, and no swaps are incurred even across days |
| Shareholder benefit swap-free | Major currency pairs: Crude oil | Applicable under certain conditions or based on preferential treatment programs. May be canceled depending on account type and trading volume |
With permanent swap-free accounts, swap-free conditions apply to all account types in principle
Exness monitors eligible stocks for the swap-free benefit and applies it automatically,The detailed conditions for applying the preferential swap-free treatment are not publicly disclosedis
How to check swap-free status and its applicable period
You can check if your Exness account is in swap-free status and eligible for the preferential swap-free offer from your Exness account page
Once you've logged into your account, check the "Swap-Free Level" in your settings
If the stock is marked as "Swap-Free as a Special Offer," it will be swap-free indefinitely, just like stocks that are always swap-free
Understand the conditions and points to note when swap-free status is removed
Swap-free options are convenient, but they can be removed if certain conditions are not met
Generally speaking, accounts that hold positions for an extremely long period of time often have their swap-free status revoked
Therefore, we recommend strategically utilizing swap-free trading, such as in swing trading, while continuing to trade using other trading styles
Tips for making the most of Exness swaps
This section explains the risks associated with high-interest currencies offered by Exness, as well as tips for effectively utilizing swaps, including how to use swap-free options for gold and cryptocurrencies
- Swap trading in interest rate currencies carries high risk
- How to take advantage of swap-free trading in gold and Bitcoin
- A strategy that uses swaps differently for long-term holdings and short-term trading
- Earn super efficiently by combining it with cashback
Exness swaps shouldn't be viewed simply as a cost; if you adapt them to your trading style, they can become a tool to increase your profits
Swap trading in interest rate currencies carries high risk
High-interest currencies such as the Turkish lira and South African rand appear attractive due to their large swap points
but,The price movements are extremely volatile, and in many cases, holding onto the stock for the long term can result in unrealized losses exceeding swap income
For example, if you get caught in a large market downturn, your margin maintenance ratio may temporarily decrease, potentially leading to a forced liquidation
While Exness offers a wide variety of securities for trading, we do not recommend simply holding high-interest currencies long-term without careful consideration, solely for the purpose of earning swap points
To effectively utilize swaps, planned trading based on risk management is essential
How to take advantage of swap-free trading in gold and Bitcoin
At Exness, you can trade popular cryptocurrencies such as gold and Bitcoin with no swap fees
Swap-free trading means you can hold positions overnight without incurring costs, making it easier to adopt a strategy of patiently waiting for market movements
For example, even when gold's price movements are temporarily sluggish, it tends to form an upward trend in the medium to long term
By taking advantage of swap-free trading, you eliminate the worry of "costs increasing just by waiting," allowing you to calmly assess the timing and make trades
A strategy that uses swaps differently for long-term holdings and short-term trading
The advantages and disadvantages of swaps vary depending on the length of the holding period
In short-term trading, the impact of swaps is small, so you should mainly focus on spreads and execution speed
On the other hand, with long-term holdings, swaps accumulate and directly impact profits and losses, so it is important to utilize swap-free stocks or choose stocks with low swap burdens
When using Exness, effective to switch strategies depending on the position holding period, such as minimizing trading costs in the short term and making full use of swap-free options in the long term .
For information on Exness account types, such as the Low Spread account which offers favorable low spreads for short-term trading, and the Standard account which has no trading fees, please see A Complete Guide to Exness Account Types
Earn super efficiently by combining it with cashback
At Exness, swap-free trading is available for many assets, including cryptocurrencies, stock indices, and gold
This swap-free feature allows you to trade with peace of mind, as you won't incur swap costs even if you hold the position for the long term .
Furthermore, by utilizing MoneyChat's cashback program, you receive a rebate every time you trade, allowing you to simultaneously achieve effective cost reduction and increased profits
Exness cashback rate
Standard Account: 40% of the spread
Standard Cent Account: 40% of the spread
Pro Account: 25% of the spread
Low Spread Account/Zero Account: $2 per lot of major currency pairs
For example, if you hold gold for the medium term with a swap-free policy and receive cashback, you will not only incur zero swap costs but also accumulate rewards based on your trading volume
The biggest advantage of combining Exness and MoneyChat is that it not only reduces transaction costs but also increases the sources of profit
For more details, please see the How to receive cashback from Exness" section
If you want to learn the basics about cashback programs using overseas forex trading, please see The Complete Guide to Cashback Programs Using Overseas Forex Trading
Frequently Asked Questions about Exness Swaps
Summary of Exness swaps
Exness's swap rates vary depending on the instrument, so it's necessary to check a wide range of options, from major currency pairs to high-interest currencies, gold, and cryptocurrencies
In particular, cryptocurrencies and stock indices are always swap-free, making them very attractive because you can trade them without worrying about costs, even when holding them long-term
On the other hand, gold and some currency pairs can be burdensome when going long, so it is important to understand the timing of bonus distributions and triple bonus days to manage your funds
Furthermore, by using MoneyChat's cashback program in conjunction with this, you can maximize the benefits of swap-free trading while receiving rebates for each transaction
Understand Exness's swap conditions and aim for efficient investment with reduced costs
