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
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 areinterest 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 thatit 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 -approx. $1.86 | 0 approx. $0.00 |
| EURUSD ( Euro/US Dollar) | −0.89 -approx. $8.28 | 0 approx. $0.00 |
| GBP/USD (British Pound/US Dollar) | −0.26 -approximately $2.42 | 0 approx. $0.00 |
| NZDUSD ( New Zealand Dollar/US Dollar) | −0.34 -approximately $3.16 | 0 approx. $0.00 |
| USD/CAD (US Dollar/Canadian Dollar) | 0 approx. $0.00 | −0.82 -approximately $7.63 |
| USD/CHF ( US Dollar/Swiss Franc) | 0 approx. $0.00 | −1.11 -approximately $10.32 |
| USD/JPY (US Dollar/Japanese Yen) | 0 approx. $0.00 | −1.79 -Approximately $11.19 |
Exness's major currency pairs often show negative swap rates when going long
For example, EURUSD is at -0.89 pips (approximately -$8.28), GBPUSD is at -0.26 pips (approximately -$2.42), and NZDUSD is at -0.34 pips (approximately -$3.16)
Many major currency pairs have swap points set at approximately $0.00 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 approx. $0.00 | −0.37 -approximately $3.44 |
| AUDCHF Australian Dollar / Swiss Franc | 0 approx. $0.00 | −0.62 -approximately $5.76 |
| AUD/JPY ( Australian Dollar/Japanese Yen) | 0 approx. $0.00 | −1.01 -approximately $6.31 |
| AUDNZD ( Australian Dollar/New Zealand Dollar) | −0.06 -approx. $0.56 | −0.44 -approximately $4.09 |
| CADCHF Canadian Dollar / Swiss Franc | 0 approx. $0.00 | −0.52 -approximately $4.84 |
| CAD/JPY ( Canadian Dollar/Japanese Yen) | 0 approx. $0.00 | −0.81 -approx. $5.06 |
| CHFJPY Swiss Franc/Japanese Yen | −0.52 -approximately $3.25 | 0 approx. $0.00 |
| EURAUD ( Euro/Australian Dollar) | −1.09 -approx. $10.13 | 0 approx. $0.00 |
| EURCAD ( Euro/Canadian Dollar) | −0.48 -approximately $4.46 | 0 approx. $0.00 |
| EURCHF Euro/Swiss Franc | 0 approx. $0.00 | −0.65 -approximately $6.04 |
| EURGBP Euro/British Pound | −0.59 -approximately $5.49 | 0 approx. $0.00 |
| EUR/JPY ( Euro/Japanese Yen) | 0 approx. $0.00 | −1.23 -approximately $7.69 |
| EURNZD Euro/New Zealand Dollar | −1.11 -approximately $10.32 | 0 approx. $0.00 |
| GBPAUD (British Pound/Australian Dollar) | −0.08 -approximately $0.74 | −0.4 -Approximately $3.72 |
| GBPCAD (British Pound/Canadian Dollar) | 0 approx. $0.00 | −0.92 -approx. $8.55 |
| GBPCHF (British Pound/Swiss Franc) | 0 approx. $0.00 | −1.67 -approx. $15.53 |
| GBP/JPY (British Pound/Japanese Yen) | 0 approx. $0.00 | −2.57 -approximately $16.06 |
| GBPNZD ( British Pound/New Zealand Dollar) | −0.15 -approximately $1.39 | −1.25 -approximately $11.62 |
| HKDJPY Hong Kong Dollar / Japanese Yen | 0 approx. $0.00 | −0.17 -approximately $1.06 |
| NZDCAD ( New Zealand Dollar/Canadian Dollar) | −0.07 -approximately $0.65 | −0.18 -approx. $1.68 |
| NZDC ( New Zealand Dollar/Swiss Franc) | 0 approx. $0.00 | −0.51 -approximately $4.74 |
| NZDJPY ( New Zealand Dollar/Japanese Yen) | 0 approx. $0.00 | −0.86 -approx. $5.38 |
| USD/CNH (US Dollar/Chinese Yuan) | 0 approx. $0.00 | −9.52 -approx. $0.59 |
| USD/HKD US Dollar / Hong Kong Dollar | 0 approx. $0.00 | −4.8 -approximately $0.30 |
| USD/THB (US Dollar/Thai Baht) | −8.7 -approx. $0.54 | −5.01 -approx. $0.31 |
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 -$6.31) when short, and AUDCHF was down -0.62 pips (approximately -$5.76) when short, highlighting the burden on the selling side
On the other hand, many stocks have long positions set at approximately $0.00, 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 approx. $0.00 | −3.88 -approx. $36.08 |
| AUDMXN Australian Dollar / Mexican Peso | −30.76 -approx. $285.98 | 0 approx. $0.00 |
| AUD /Norwegian Krone | −8.55 -approximately $79.49 | 0 approx. $0.00 |
| AUDPLN ( Australian Dollar/Polish Zloty) | −3.65 -approximately $33.93 | 0 approx. $0.00 |
| AUDSEK ( Australian Dollar) / Swedish Krona | 0 approx. $0.00 | −4.54 -approximately $42.21 |
| AUDSGD ( Australian Dollar/Singapore Dollar) | 0 approx. $0.00 | −0.91 -approximately $8.46 |
| AUDZAR ( Australian Dollar/South African Rand) | −23.43 -approximately $217.83 | 0 approx. $0.00 |
| CADMXN Canadian Dollar / Mexican Peso | −30.76 -approx. $285.98 | 0 approx. $0.00 |
| CADNOK (Canadian Dollar/Norwegian Krone) | −8.54 -approximately $79.39 | 0 approx. $0.00 |
| CADPLN Canadian Dollar / Polish Zloty | −3.65 -approximately $33.93 | 0 approx. $0.00 |
| CHFDKK Swiss Franc/Danish Krone | −6.65 -approx. $61.83 | 0 approx. $0.00 |
| CHFMXN Swiss Franc/Mexican Peso | −61.52 -approximately $571.94 | 0 approx. $0.00 |
| CHFNOK Swiss Franc / Norwegian Krone | −17.07 -approximately $158.70 | 0 approx. $0.00 |
| CHFPLN Swiss Franc / Polish Zloty | −7.3 -approximately $67.87 | 0 approx. $0.00 |
| CHFSEK Swiss Franc / Swedish Krona | −9.07 -approx. $84.33 | 0 approx. $0.00 |
| CHFSGD Swiss Franc/Singapore Dollar | −0.92 -approx. $8.55 | 0 approx. $0.00 |
| CHFZAR Swiss Franc / South African Rand | −46.87 -approximately $435.74 | 0 approx. $0.00 |
| DKK/JPY Danish Krone/Japanese Yen | 0 approx. $0.00 | −0.87 -approximately $5.44 |
| DKKPLN Danish Krone/Polish Zloty | −3.65 -approximately $33.93 | 0 approx. $0.00 |
| DKKSGD Danish Krone/Singapore Dollar | −0.03 -approx. $0.28 | −0.07 -approximately $0.65 |
| DKKZAR Danish Krone/South African Rand | −10.39 -approximately $96.59 | 0 approx. $0.00 |
| EURDKK Euro/Danish Krone | −0.07 -approximately $0.65 | −1.48 -approximately $13.76 |
| EURMXN Euro/Mexican Peso | −48.01 -approximately $446.34 | 0 approx. $0.00 |
| EURNOK ( Euro/Norwegian Krone) | −8.66 -approx. $80.51 | 0 approx. $0.00 |
| EURPLN Euro/Polish Zloty | −4.12 -approx. $38.30 | 0 approx. $0.00 |
| EURSEK ( Euro) / Swedish Krona | −1.12 -approximately $10.41 | −1.19 -approx. $11.06 |
| EURSGD Euro/Singapore Dollar | 0 approx. $0.00 | −0.91 -approximately $8.46 |
| EURZAR Euro/South African Rand | −30.96 -approximately $287.83 | 0 approx. $0.00 |
| GBPDKK ( British Pound/Danish Krone) | 0 approx. $0.00 | −7.76 -approximately $72.14 |
| GBPILS ( British Pounds/Israeli Shekels) | −0.85 -approximately $7.90 | −0.38 -approx. $3.53 |
| GBPMXN British Pound / Mexican Peso | −38.2 -approximately $355.14 | 0 approx. $0.00 |
| GBPNOK ( British Pound/Norwegian Krone) | −2.45 -approximately $22.78 | −0.88 -approx. $8.18 |
| GBPPLN (British Pound/Polish Zloty) | −3.65 -approximately $33.93 | 0 approx. $0.00 |
| GBPSEK (British Pound/Swedish Krona) | 0 approx. $0.00 | −8.58 -approximately $79.77 |
| GBPSGD ( British Pounds/Singapore Dollars) | 0 approx. $0.00 | −1.81 -approx. $16.83 |
| GBPZAR ( British Pound/South African Rand) | −23.43 -approximately $217.83 | 0 approx. $0.00 |
| MXNJPY Mexican Peso/Japanese Yen | 0 approx. $0.00 | −24.28 -approximately $151.75 |
| NOKDKK Norwegian Krone/Danish Krone | 0 approx. $0.00 | −3.77 -approx. $35.05 |
| NOKJPY Norwegian Krone/Japanese Yen | 0 approx. $0.00 | −1.25 -approximately $7.81 |
| NOKSEK Norwegian Krone/Swedish Krona | 0 approx. $0.00 | −4.54 -approximately $42.21 |
| NZDDKK ( New Zealand Dollar/Danish Krone) | −0.67 -approximately $6.23 | −3.42 -approximately $31.79 |
| NZDMXN New Zealand Dollar / Mexican Peso | −13.64 -approximately $126.81 | −23.95 -approx. $222.66 |
| NZD NO ( New Zealand Dollar/Norwegian Krone) | −8.74 -approx. $81.26 | 0 approx. $0.00 |
| NZDPLN ( New Zealand Dollar/Polish Zloty) | −3.65 -approximately $33.93 | 0 approx. $0.00 |
| NZDSEK ( New Zealand Dollar/Swedish Krona) | −1.06 -approx. $9.86 | −3.27 -approximately $30.40 |
| NZDSGD New Zealand Dollar / Singapore Dollar | 0 approx. $0.00 | −0.91 -approximately $8.46 |
| NZDZAR ( New Zealand Dollar/South African Rand) | −22.84 -approximately $212.34 | 0 approx. $0.00 |
| PLNDKK Polish Zloty/Danish Krone | 0 approx. $0.00 | −6.36 -approximately $59.13 |
| PLNJPY Polish Zloty/Japanese Yen | 0 approx. $0.00 | −14.62 -approx. $91.38 |
| PLNSEK Polish Zloty/Swedish Krona | 0 approx. $0.00 | −4.54 -approximately $42.21 |
| SEKDKK Swedish Krona/Danish Krone | −0.03 -approx. $0.28 | −0.14 -approximately $1.30 |
| SEKJPY Swedish Krona/Japanese Yen | 0 approx. $0.00 | −0.7 -approx. $4.38 |
| SGDHKD Singapore Dollar / Hong Kong Dollar | −5.04 -approximately $46.86 | 0 approx. $0.00 |
| SGDJPY Singapore Dollar / Japanese Yen | −0.04 -approximately $0.25 | −0.43 -approximately $2.69 |
| USD/DKK ( US Dollar/Danish Krone) | 0 approx. $0.00 | −6.76 -approximately $0.43 |
| USDILS ( USD/ILS) | −0.46 -approx. $0.03 | −0.75 -approx. $0.05 |
| USD/MXN ( US Dollar/Mexican Peso) | −30.76 -approximately $1.93 | 0 approx. $0.00 |
| USD/NOK ( US Dollar/Norwegian Krone) | −0.77 -approx. $0.05 | −1.65 -approx. $0.10 |
| USDPLN ( US Dollar/Polish Zloty) | −3.65 -approximately $0.23 | 0 approx. $0.00 |
| USDSEK ( US Dollar/Swedish Krona) | 0 approx. $0.00 | −7.77 -approximately $0.49 |
| USD/SGD US Dollar / Singapore Dollar | 0 approx. $0.00 | −1.41 -approx. $0.09 |
| USD/ZAR (US Dollar/South African Rand) | −23.43 -approximately $1.46 | 0 approx. $0.00 |
| ZARJPY South African Rand/Japanese Yen | 0 approx. $0.00 | −1.95 -approx. $12.19 |
Exness's exotic currency pairs are characterized by their highly variable swap points
For example, AUDMXN is down -30.76 pips (approximately -$285.98) when long, and AUDNOK is down -8.55 pips (approximately -$79.49) when long, which are levels where simply holding them incurs significant costs
On the other hand, many currencies are close to approximately $0.00 when shorted, and 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 -approx. $0.09 | -0.12 -approximately $1.14 |
| XAGEUR Silver/Euro | 0 approx. $0.00 | -0.23 -approximately $2.30 |
| XAGGBP Silver/British Pound | -0.05 -approximately $0.63 | -0.02 -approximately $0.25 |
| XAGUSD Silver/US Dollar | −0.1 -approximately $4.65 | 0 approx. $0.00 |
| XALUSD XAL /USD | −4.13 -approx. $38.39 | −0.82 -approximately $7.62 |
| XAUAUD Gold/Australian Dollar | -66.02 -approximately $626.51 | 0 approx. $0.00 |
| XAUEUR Gold/Euro | -21.29 -approx. $21.29 | 0 approx. $0.00 |
| XAUGBP Gold/British Pound | -32.65 -approx. $41.19 | 0 approx. $0.00 |
| XAUUSD Gold/US Dollar | −48 -approximately $44.61 | 0 approx. $0.00 |
| XCUUSD Copper/US Dollar | −19 -approximately $176.59 | 0 approx. $0.00 |
| XNIUSD Nickel/US Dollar | −40.2 -approximately $373.63 | −23.25 -approximately $216.09 |
| XPBUSD Lead/USD | −7.53 -approximately $69.99 | −3.05 -approx. $28.35 |
| XPDUSD Palladium/US Dollar | −0.59 -approx. $5.48 | 0 approx. $0.00 |
| XPTUSD Platinum/USD | 0 approx. $0.00 | −4.6 -approximately $42.76 |
| XZNUSD Zinc/US Dollar | −5.74 -approx. $53.35 | −3.58 -approx. $33.28 |
Exness's precious metals CFDs have different swap rates depending on the instrument
For example, with silver (XAGUSD), a long position results in a loss of -0.1 pips (approximately -$4.65), while a short position results in a loss of approximately $0.00, meaning there is no burden
On the other hand, a short position in XAGEUR would incur a loss of -0.23 pips (approximately -$2.30)
If XAUUSD is no longer eligible for swap-free trading, a long position will incur a significant loss of -48 pips (approximately -$44.61), and it is important to note that costs can easily accumulate if held for a long period
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 approx. $0.00 | −2.95 -approximately $27.43 |
| USOIL WTI Crude Oil/US Dollar | 0 approx. $0.00 | −2.78 -approx. $25.85 |
| XNGUSD Natural Gas/US Dollar | −14.35 -approx. $133.44 | 0 approx. $0.00 |
The swap fees for Exness's energy CFDs vary significantly depending on the instrument
Brent crude oil (UKOIL) is long at approximately $0.00 and short at -2.95 pips (approximately -$27.43), and WTI crude oil (USOIL) is also long at approximately $0.00 and short at -2.78 pips (approximately -$25.85)
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 -$133.44) for long positions, while short positions were at approximately $0.00
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 -approximately $2.06 | −36.46 -approx. $2.21 |
| BTCCNH Bitcoin/Chinese Yuan | −153.37 -approximately $1.99 | −378.52 -approximately $4.91 |
| BTCJPY Bitcoin/Japanese Yen | -327.64 -Approximately $2.04 | -747.8 -approximately $4.67 |
| BTCTHB Bitcoin/Thai Baht | −71.39 -approximately $0.21 | −246.5 -approximately $0.70 |
| BTCUSD Bitcoin/US Dollar | −222.42 -approximately $20.60 | 0 approx. $0.00 |
| BTCXAG Bitcoin/Silver | -623.6 -approximately $20.13 | -1027.6 -approximately $33.17 |
| BTCXAU Bitcoin/Gold | -669.9 -approx. $19.98 | -1591.3 -approximately $47.46 |
| BTCZAR Bitcoin/South African Rand | -397.9 -approximately $20.19 | -154.7 -approx. $7.85 |
| ETHUSD ( Ethereum/US Dollar) | −9.18 -approx. $0.85 | 0 approx. $0.00 |
Exness's cryptocurrency CFDs are characterized by their low swap rates
For example, Bitcoin/AUD (BTCAUD) is down 34.1 pips for a long position (approximately -$2.06) and 36.46 pips for a short position (approximately -$2.21), so both positions incur roughly the same amount of loss
Bitcoin/Chinese Yuan (BTCCNH) is down 153.37 pips for long positions (approximately -$1.99) and 378.52 pips for short positions (approximately -$4.91), indicating a slightly heavier burden on the short side
Bitcoin/Japanese Yen (BTCJPY) has a long position at approximately $2.04 and a short position at approximately $4.67, making the costs clearly understandable in yen terms
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 -approximately $0.92 | 0 approx. $0.00 |
| DE30 German DAX30 Index | −2.48 -approximately $2.68 | 0 approx. $0.00 |
| FR40 France CAC40 Index | 0 approx. $0.00 | −6.07 -approximately $0.66 |
| HK50 Hong Kong Hang Seng Index | −3.57 -approximately $0.43 | 0 approx. $0.00 |
| JP225 JP225 Nikkei 225 (Japanese Stock Price Index) | 0 approx. $0.00 | 0 approx. $0.00 |
| STOXX50 Euro STOXX 50 Index | −3.98 -approximately $0.43 | 0 approx. $0.00 |
| UK100 (FTSE 100 index) | −15.03 -approx. $1.88 | 0 approx. $0.00 |
| Dow Jones Industrial Average (US 30 stocks) | −7.97 -approximately $7.39 | 0 approx. $0.00 |
| US500 S&P500 Index | −11.99 -approx. $1.11 | 0 approx. $0.00 |
| USTEC Nasdaq 100 Index | −45.99 -approximately $4.26 | 0 approx. $0.00 |
With stock index CFDs, there are costs associated with holding long positions in all indices
US30 has a long position at -7.97 pips (approximately -$7.39) and a short position at approximately $0.00. US500 has a long position at -11.99 pips (approximately -$1.11) and a short position at approximately $0.00. USTEC has a long position at -45.99 pips (approximately -$4.26) and a short position with a swap point of approximately $0.00
In Japan, both long and short positions on JP225 are approximately $0.00, 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 -approximately $0.33 | −0.3 -approx. $0.28 |
| BABA Alibaba Group Holding | −0.22 -approximately $0.20 | −0.18 -approximately $0.17 |
| COST Wholesale | −1.5 -approximately $1.39 | −1.27 -approx. $1.18 |
| eBay | −0.14 -approx. $0.13 | −0.8 -approximately $0.74 |
| EDU New Oriental Education and Technology | −0.08 -approximately $0.07 | −0.07 -approx. $0.06 |
| F Ford Motor Company | −0.02 -approximately $0.02 | −0.29 -approximately $0.27 |
| HD Home Depot | −0.64 -approx. $0.59 | −0.54 -approx. $0.50 |
| JD JD.com | −0.05 -approx. $0.05 | −0.16 -approx. $0.15 |
| LI Re-Auto | −0.04 -approx. $0.04 | −0.03 -approx. $0.03 |
| Mastercard | −0.94 -approximately $0.87 | −1.29 -approximately $1.20 |
| MCD McDonald's | −0.5 -approximately $0.46 | −1.9 -Approximately $1.76 |
| NFLX Netflix | −1.93 -approximately $1.79 | −1.63 -approximately $1.51 |
| NIO | −0.01 -approx. $0.01 | −0.01 -approx. $0.01 |
| NKE Nike | −0.12 -approx. $0.11 | −1.01 -approximately $0.94 |
| PDD Pinduoduo | −0.2 -approx. $0.19 | −0.17 -approx. $0.16 |
| PG Procter & Gamble | −0.25 -approximately $0.23 | −1.23 -approximately $1.14 |
| PYPL (PayPal Holdings) | −0.11 -approx. $0.10 | −0.09 -approx. $0.08 |
| SBUX Starbucks | −0.14 -approx. $0.13 | −1.14 -approximately $1.06 |
| TAL Education Group | −0.02 -approximately $0.02 | −0.41 -approx. $0.38 |
| TME (Tencent Music Entertainment) | −0.04 -approx. $0.04 | −0.03 -approx. $0.03 |
| TSLA Tesla | −0.54 -approx. $0.50 | −0.46 -approximately $0.43 |
| UPS United Parcel Service | −0.14 -approx. $0.13 | −2.43 -approximately $2.25 |
| V visa | −0.55 -approx. $0.51 | −2.09 -approximately $1.94 |
| VIPS Shop | −0.03 -approx. $0.03 | −0.02 -approximately $0.02 |
| WMT Walmart | −0.16 -approx. $0.15 | −0.41 -approx. $0.38 |
| XPEV Xiao Peng (Xiaopeng Motor) | −0.03 -approx. $0.03 | −0.03 -approx. $0.03 |
| YUMC (Yum China) | −0.07 -approx. $0.06 | −1.02 -approx. $0.95 |
| CVS CVS Health | −0.12 -approx. $0.11 | −0.21 -approx. $0.19 |
| KO Coca-Cola | −0.11 -approx. $0.10 | −0.77 -approximately $0.71 |
| MDLZ Mondelez International | −0.1 -approx. $0.09 | −0.71 -approximately $0.66 |
| PEP PepsiCo | −0.23 -approximately $0.21 | −0.2 -approx. $0.19 |
| XOM ExxonMobil | −0.18 -approximately $0.17 | −0.26 -approximately $0.24 |
| BAC Bank of America | −0.08 -approximately $0.07 | −0.71 -approximately $0.66 |
| BEKE KE Holdings | −0.03 -approx. $0.03 | −5.19 -approximately $4.81 |
| C Citigroup | −0.15 -approximately $0.14 | −0.37 -approximately $0.34 |
| CME CME Group | −0.42 -approximately $0.39 | −0.62 -approximately $0.57 |
| FUTU Holdings | −0.31 -approximately $0.29 | −0.26 -approximately $0.24 |
| JPM (JP Morgan Chase) | −0.47 -approx. $0.44 | −0.4 -approximately $0.37 |
| MS Morgan Stanley | −0.23 -approximately $0.21 | −0.95 -approx. $0.88 |
| WFC Wells Fargo | −0.13 -approximately $0.12 | −0.45 -approximately $0.42 |
| ABBV AbbVie | −0.34 -approximately $0.32 | −1.21 -approx. $1.12 |
| ABT Abbott Laboratories | −0.21 -approx. $0.19 | −0.42 -approximately $0.39 |
| AMGN (Amgen) | −0.45 -approximately $0.42 | −0.38 -approx. $0.35 |
| BIIB Biogen | −0.22 -approximately $0.20 | −0.19 -approx. $0.18 |
| BMY Bristol-Myers Squibb | −0.08 -approximately $0.07 | −0.16 -approx. $0.15 |
| GILD Gilead Sciences | −0.18 -approximately $0.17 | −3.88 -approximately $3.60 |
| ISRG Intuitive Surgical | −0.7 -approximately $0.65 | −0.59 -approx. $0.55 |
| JNJ Johnson & Johnson | −0.28 -approximately $0.26 | −0.49 -approx. $0.45 |
| LLY Eli Lilly | −1.16 -approx. $1.08 | −0.98 -approximately $0.91 |
| MMM 3M | −0.24 -approximately $0.22 | −2.06 -Approximately $1.91 |
| MO Altria Group | −0.1 -approx. $0.09 | −0.34 -approximately $0.32 |
| MRK Merck | −0.13 -approximately $0.12 | −2.15 -approximately $1.99 |
| PFE Pfizer | −0.04 -approx. $0.04 | −0.27 -approximately $0.25 |
| PM Philip Morris International | −0.26 -approximately $0.24 | −0.39 -approximately $0.36 |
| REGN Regeneron Pharmaceuticals | −0.91 -approx. $0.84 | −0.77 -approximately $0.71 |
| UNH UnitedHealth Group | −0.48 -approx. $0.45 | −0.41 -approx. $0.38 |
| VRTX Vertex Pharmaceuticals | −0.63 -approx. $0.58 | −0.53 -approximately $0.49 |
| BA Boeing | −0.37 -approximately $0.34 | −0.31 -approximately $0.29 |
| CSX (Railway Company) | −0.05 -approx. $0.05 | −4.83 -approximately $4.48 |
| LIN Linde | −0.75 -approximately $0.70 | −0.97 -approx. $0.90 |
| LMT Lockheed Martin | −0.71 -approximately $0.66 | −1.23 -approximately $1.14 |
| TMO Thermo Fisher Scientific | −0.77 -approximately $0.71 | −0.65 -approximately $0.60 |
| ZTO ZTO Express | −0.03 -approx. $0.03 | −0.1 -approx. $0.09 |
| AMT American Tower | −0.31 -approximately $0.29 | −2.49 -approximately $2.31 |
| EQIX | −1.2 -approx. $1.11 | −1.02 -approx. $0.95 |
| AAPL Apple | −0.38 -approx. $0.35 | −0.32 -approximately $0.30 |
| ADBE (Adobe) | −0.55 -approx. $0.51 | −0.47 -approx. $0.44 |
| ADP Automatic Data Processing | −0.47 -approx. $0.44 | −1.14 -approximately $1.06 |
| AMD Advanced Micro Devices | −0.26 -approximately $0.24 | −0.22 -approximately $0.20 |
| AVGO Broadcom | −0.48 -approx. $0.45 | −1.65 -approx. $1.53 |
| BIDU (Baidu) | −0.15 -approximately $0.14 | −0.13 -approximately $0.12 |
| BILI | −0.04 -approx. $0.04 | −0.03 -approx. $0.03 |
| EA Electronic Arts | −0.27 -approximately $0.25 | −0.23 -approximately $0.21 |
| FTNT Fortinet | −0.12 -approx. $0.11 | −0.1 -approx. $0.09 |
| Google Alphabet | −0.37 -approximately $0.34 | −0.31 -approximately $0.29 |
| IBM | −0.38 -approx. $0.35 | −0.45 -approximately $0.42 |
| Intel | −0.04 -approx. $0.04 | −2.16 -approximately $2.00 |
| INTU (Intuit) | −1.05 -approximately $0.97 | −2.02 -approximately $1.87 |
| META Meta-Platforms | −1.17 -approximately $1.09 | −0.99 -approximately $0.92 |
| Microsoft | −0.8 -approximately $0.74 | −0.68 -approximately $0.63 |
| NTES (NetEase) | −0.22 -approximately $0.20 | −0.44 -approximately $0.41 |
| NVDA | −0.27 -approximately $0.25 | −0.31 -approximately $0.29 |
| ORCL Oracle | −0.35 -approximately $0.32 | −0.74 -approximately $0.69 |
| TSM Taiwan Semiconductor Manufacturing (TSMC) | −0.37 -approximately $0.34 | −0.31 -approximately $0.29 |
| CHTR Charter Communications | −0.41 -approx. $0.38 | −0.35 -approximately $0.32 |
| CMCSA Comcast | −0.05 -approx. $0.05 | −0.55 -approx. $0.51 |
| CSCO Cisco Systems | −0.11 -approx. $0.10 | −1.98 -approximately $1.84 |
| T AT&T | −0.05 -approx. $0.05 | −1.31 -approximately $1.21 |
| TMUS ( T-Mobile US) | −0.4 -approximately $0.37 | −0.34 -approximately $0.32 |
| VZ Verizon Communications | −0.07 -approx. $0.06 | −0.47 -approx. $0.44 |
Exness's stock CFDs generally incur negative swap fees for both long and short positions
On average, long positions result in a loss of approximately $0.31, while short positions result in a loss of approximately $0.75, indicating 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 approx. $6.60 | -1.91 -approx. $11.98 | -0.953 -approx. $8.83 | 0.463 approx. $4.29 | -0.33 -approx. $3.05 | 0.036 approx. $0.33 | 0.48 approx. $0.44 | -2.13 - Approximately $1.97 |
| Axi | 1.14 Approximately $7.18 | -1.95 -approx. $12.19 | -0.85 -approximately $7.87 | 0.553 approx. $5.12 | -0.1 -approximately $0.93 | 0 approx. $0.00 | 0 approx. $0.00 | -1.95 -approximately $1.81 |
| BigBoss | 1.12 approx. $7.03 | -2.9 -approx. $18.13 | -0.7 -approximately $6.48 | 0.112 approx. $1.04 | -0.412 -approx. $3.81 | -0.352 -approximately $3.26 | 0.14 approx. $0.13 | -3.9 -approximately $3.61 |
| Vantage Trading | 0.965 approx. $6.03 | -1.95 -approximately $12.24 | -0.919 -approx. $8.51 | 0.469 approx. $4.34 | -0.268 -approximately $2.48 | 0.077 Approximately $0.71 | 0.67 Approximately $0.62 | -1.83 -approximately $1.69 |
| ThreeTrader | 0.921 approx. $5.76 | -1.92 -approx. $12.01 | -0.948 -approximately $8.78 | 0.419 approx. $3.88 | -0.254 -Approximately $2.36 | -0.135 -approximately $1.25 | -0.25 -approximately $0.23 | -1.67 -approximately $1.54 |
| TitanFX | 0.761 approx. $4.76 | -1.99 -approximately $12.49 | -1.03 -approximately $9.62 | 0.503 approx. $4.66 | -0.48 -approximately $4.45 | -0.347 -approximately $3.21 | -0.66 -approximately $0.61 | -3.33 -approx. $3.08 |
| XS.com | 0.658 approx. $4.11 | -3.64 -approximately $22.76 | -1.08 -approximately $10.06 | 0.216 approx. $1.99 | -0.202 -approx. $1.88 | -0.202 -approx. $1.88 | 0.23 Approximately $0.21 | -2.93 -approximately $2.71 |
| XMTrading | 0.352 Approximately $2.20 | -2.85 -approximately $17.86 | -1.09 -approx. $10.11 | 0.438 approx. $4.05 | -0.551 -approx. $5.10 | -0.2 -approx. $1.86 | -0.78 -Approximately $0.72 | -2.88 -approximately $2.66 |
| MiltonMarkets | 0.328 approx. $2.05 | -3.37 -approximately $21.09 | -0.894 -approx. $8.28 | 0.153 approx. $1.41 | -0.417 -approx. $3.86 | -0.22 -approximately $2.03 | 0.71 approx. $0.66 | -3.65 -approximately $1.97 |
| Exdefine | 0 approx. $0.00 | -1.78 -approx. $11.13 | -0.89 -approximately $8.17 | 0 approx. $0.00 | -0.24 -approx. $2.22 | -0.02 -approx. $0.18 | 0 approx. $0.00 | -2.2 -approx. $3.38 |
| HFM (HFM Markets) | 0 approx. $0.00 | -2.82 -approximately $17.63 | -1.13 -approximately $10.46 | 0 approx. $0.00 | -0.56 -approx. $5.18 | -0.27 -approximately $2.49 | -1.5 -approximately $1.39 | -3.3 -approximately $3.06 |
| FXGT | 3.21 Approximately $2.01 | -29.5 -approximately $18.49 | -1.05 -approximately $9.80 | 0.368 approx. $3.41 | -0.398 -approx. $3.68 | -0.331 -approximately $3.06 | -0.84 -approximately $0.78 | -2.77 -approximately $2.56 |
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 positive and negative returns, with long positions at around +approximately $6.25 and short positions at around -approximately $11.88Exness 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, with some pairs even having short positions set at approximately $0.00
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 -approximately $11.93 | 12.4 approx. $6.14 | -14.9 -approximately $7.84 | 7.88 Approximately $4.12 |
| Axi | – | – | -54.6 -approximately $26.91 | 14 approx. $6.89 | -30 -approximately $15.69 | 8.5 approx. $4.44 |
| BigBoss | -453.6 -approximately $100.39 | – | -46.7 -approximately $23.03 | 4.68 Approximately $2.31 | -3.08 -approximately $1.61 | -0.762 -approximately $0.39 |
| Vantage Trading | -377.9 -approximately $84.24 | 92.3 approx. $20.59 | -31.3 -approximately $15.47 | 36.6 Approximately $1.81 | -20.7 -approximately $10.86 | 1.89 approx. $0.99 |
| ThreeTrader | – | – | -54 -approximately $26.60 | 7.08 approx. $3.49 | -34.6 -approx. $18.18 | 1.21 approx. $0.64 |
| TitanFX | -402.2 -approximately $89.67 | 72.2 approx. $16.11 | -51.1 -approximately $251.78 | 5.11 approx. $25.16 | -25.5 -approximately $13.34 | -1.45 -approximately $0.76 |
| XS.com | – | – | -51.5 -approximately $25.39 | 17.2 approx. $8.51 | -24.7 -approx. $12.98 | 6.39 approx. $3.34 |
| XMTrading | -546.5 -approximately $121.87 | 50.8 approx. $11.34 | -40.6 -approximately $20.04 | 13.3 approx. $6.58 | -62.6 -approximately $328.64 | 27.5 approx. $144.22 |
| MiltonMarkets | -465.8 -approx. $103.55 | 49.1 approx. $10.93 | – | – | -264.6 -approximately $1,383 | -157.4 -approx. $822.88 |
| Exdefine | – | – | -29.1 -approx. $14.35 | 0 approx. $0.00 | -22.7 -approx. $11.89 | 0 approx. $0.00 |
| HFM | – | – | -36.6 -approx. $18.06 | approx. $0.00 | -37.9 -approx. $19.80 | 0 approx. $0.00 |
| FXGT | -429.5 -approximately $94.86 | 23.4 approx. $5.16 | -44.7 -approximately $22.07 | 8.1 approx. $3.99 | -4.41 -approximately $2.31 | 1.15 approx. $0.61 |
High-interest currency pairs are characterized by very large swap differences
Other companies, for example, a long position in USD/MXN can result in losses of approximately -11.88 to -26.88, and a long position in USD/ZAR can result in losses of approximately -7.50 to -15.63, indicating that simply holding positions overnight incurs significant costs
Similarly, Exness sets the long side to negative, but the short side is often around $0.00 or very small positive, making it easier to keep costs down when only considering 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 -approximately $2.05 | 0 approx. $0.00 | -8.89 -approx. $0.08 | 0 approx. $0.00 | – | – |
| ThreeTrader | -369 -approx. $340.10 | -153 -approximately $141.71 | -16.7 -approximately $1.54 | -16.7 -approximately $1.54 | -10.9 -approx. $1.01 | -10.9 -approx. $1.01 |
| Axi | -614 -approximately $5.66 | -153 -approximately $1.41 | -23.9 -approximately $0.02 | -5.98 approx. $0.00 | -15.6 -approximately $0.14 | -3.91 -approx. $0.03 |
| MYFX Markets | -715 -approximately $6.59 | -200 -approximately $1.84 | -20 -approximately $1.84 | -20 -approximately $1.84 | -20 -approximately $18.42 | -20 -approximately $18.42 |
| XMTrading | -755 -approximately $6.96 | -755 -approximately $6.96 | -30.2 -approx. $0.28 | -30.2 -approx. $0.28 | -23.3 -approximately $0.21 | -23.3 -approximately $0.21 |
| TitanFX | -768 -approx. $7.08 | -153 -approximately $1.41 | -29.9 -approx. $0.28 | -5.98 -approx. $0.05 | -19.5 -approx. $18.03 | -3.91 -approximately $3.60 |
| Vantage Trading | -317 -approximately $2.93 | 133 Approximately $1.23 | -19.5 -approx. $0.18 | 5.18 approx. $0.04 | -12.7 -approximately $11.75 | 3.38 approx. $3.11 |
| XS.com | -922 -approximately $8.49 | -922 -approximately $8.49 | -35.9 -approximately $0.33 | -35.9 -approximately $0.33 | -23.4 -approximately $2.16 | -23.4 -approximately $2.16 |
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 at -223 points (approximately -$2.05) and a short position at approximately $0.00
In contrast, ThreeTrader is long at approximately $340.10, Axi is at approximately $5.66, and MYFX Markets is at approximately $6.59, 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 -approx. $28.05 | 19 -approximately $17.50 |
| FXGT | -38.1 -approx. $35.13 | 10 -approximately $9.22 |
| ThreeTrader | -43.5 -approximately $40.07 | 19.5 approx. $18.01 |
| Exdefine | -48 -approximately $4.42 | 0 approx. $0.00 |
| Axi | -49 -approx. $45.13 | 26.1 approx. $24.04 |
| Vantage Trading | -49.2 -approximately $45.32 | 25.2 approx. $23.21 |
| TitanFX | -51.4 -approximately $47.18 | 16.6 approx. $15.29 |
| XMTrading | -53.8 -approximately $49.61 | 19 approx. $17.50 |
| XS.com | -55.1 -approximately $50.78 | 4.17 approx. $3.84 |
| HFM | -56.1 -approximately $51.72 | 0 approx. $0.00 |
| MYFX Markets | -55.5 -approximately $51.12 | 17.6 approx. $16.26 |
| Milton Markets | -73.8 -approx. $68.01 | 15.5 approx. $14.34 |
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 carrying over 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"
Itcan 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 more information on Exness account types, including 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 featureallows 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
