from swap points in overseas forex trading , which broker and which currency pair are recommended?
"Which overseas forex brokers offer high swap points for USD/JPY?"
"What are the swap points for Turkish Lira and Mexican Peso?"
"I want to know the ranking of brokers based on their swap points!"
By choosing a popular overseas forex broker known for its high swap rates, it's possible to earn several times the swap profits of domestic forex brokers
This article thoroughly compares the swap points offered by various brokers and presents a ranking of recommended brokers. We'll cover everything from high-interest currency pairs to the mechanics and calculation methods of swap points, so this is a must-read for anyone looking to earn money through swap points.
The MoneyChager editorial team, based on the results of surveys of over 20,000 users, can introduce you to
truly We also take safety into consideration, referencing the Financial Services Agency and the Financial Futures Trading Act
CFP® Certified Financial Planner
Michiko Iida
After working at a financial institution, she obtained the Level 1 Financial Planning Specialist certification from the NPO Japan Financial Planners Association a Certified Financial Planner (CFP) and a Type 2 Securities Sales Representative qualification from the Japan Securities Dealers Association (JSDA) . Currently, she is engaged in various consulting services, seminar lecturing, and writing activities. She is also actively involved in writing for overseas media for Japanese expatriates and conducting seminars on life after returning to Japan. She also provides support for overseas relocation, specializing in consultations and financial/insurance information for those relocating to Canada and South Korea.
Contents
- 1 Recommended Overseas Forex Brokers for Swap Points: Ranking List [Latest 2026 Edition]
- 2 Top 10 Ranking of Overseas Forex Swap Point Brokers
- 2.1 Overseas Forex Swap Point Comparison: Ranked #1 | AXIORY
- 2.2 Overseas Forex Swap Point Comparison: 2nd Place | Vantage Trading
- 2.3 Overseas Forex Swap Point Comparison: 3rd Place | TitanFX
- 2.4 Overseas Forex Swap Point Comparison: 4th Place | MYFX Markets
- 2.5 Overseas Forex Swap Point Comparison: 5th Place | XMTrading
- 2.6 Overseas Forex Swap Point Comparison: Ranked 6th | Axi
- 2.7 Overseas Forex Swap Point Comparison: 7th Place | Three Trader
- 2.8 Overseas Forex Swap Point Comparison: Rank 8 | BigBoss
- 2.9 Overseas Forex Swap Point Comparison: 9th Place | Milton Markets
- 2.10 Overseas Forex Swap Point Comparison: 10th Place | XS.com
- 3 Basic knowledge of swap points, including how to calculate and check them
- 3.1 Swap points are the interest rate differences between different currencies
- 3.2 Swap points vary depending on the broker
- 3.3 Interest rate differentials occur daily
- 3.4 There are days when swap points are tripled
- 3.5 Overseas forex brokers also offer swap-free options
- 3.6 How to calculate swap points in overseas forex trading
- 4 How to check swap points in overseas forex trading
- 5 Overseas Forex Swap Point Comparison (Major Currencies)
- 6 Characteristics and precautions regarding high swap rates in overseas forex trading
- 7 Overseas forex brokers that offer swap-free options
- 8 Tips for making money with swap points in overseas forex trading
- 8.1 A completely hands-off swap lifestyle is difficult
- 8.2 Always check the latest swap points
- 8.3 Strategies using business day rollover and hedging
- 8.4 High-interest currency pairs are used to profit from a reversal of the long-term trend
- 8.5 Adopt a diversified investment strategy
- 8.6 Reduce transaction costs with cashback
- 9 Points to note regarding swap points in overseas forex trading
- 10 Frequently Asked Questions about Swap Points in Overseas Forex Trading
- 10.1 What are swap points in overseas forex trading?
- 10.2 Can I earn swap points with overseas forex trading?
- 10.3 Is it possible to engage in arbitrage trading (spread trading) using swap points in overseas forex trading?
- 10.4 Which currency pairs are recommended for swap points?
- 10.5 Is it possible to live off swap points from overseas forex trading?
- 10.6 Do I need to file a tax return for swap points earned from overseas forex trading?
- 11 Summary of swap points for overseas forex trading
Recommended Overseas Forex Brokers for Swap Points: Ranking List [Latest 2026 Edition]
First, we've compiled a list of overseas forex brokers and currency pairs that offer particularly generous swap points. (Converted to Japanese Yen)
Please view the rankings
[Recommended Service Provider Ranking List]
| Company name | USDTRY Short | EURTRY Short | USDMXN Short | USDZAR Short | EURZAR Short | USD/JPY Long | GBPJPY Long | Gold Short |
|---|---|---|---|---|---|---|---|---|
 AXIORY | 2,123 (7,400 yen) | 2,783 (9,800 yen) | 76.11 (678 yen) | 112.23 (1,091 yen) | 2123 (7,491 yen) | 4.85 (485 yen) | 6.39 (639 yen) | 16.68 (2,559 yen) |
 VantageTrading | 958 (3,379 yen) | 974 (3,436 yen) | 22.8 (197 yen) | 21.83 (212 yen) | ‐ | 7.17 (717 yen) | 5.55 (555 yen)） | 47.25 (7,251 yen) |
 TitanFX | 738 (3,359 yen) | 2,947 (10,405 yen) | -272 (-2432 yen) | 12 (117 yen) | -199 (1,942 yen) | 5.89 (589 yen) | 7.98 (798 yen) | 21.34 (3,284 yen) |
 MYFXMarkets | 1880 (6,638 yen) | 2471.85 (8,730 yen) | 104.49 (933 yen) | 86.64 (843 yen) | 180.26 (1754 yen) | 10.21 (1,021 yen) | 13.86 (1,386 yen) | 18.42 (2,825 yen) |
 XMTrading | 677 (2,392 yen) | 1,270 (4,480 yen) | 54.1 (483 yen) | 46.1 (448 yen) | 53 (517 yen) | 0.44 (44 yen) | 5.3 (530 yen) | 21.67 (3,399 yen) |
 Axi | – | – | 140 (1,228 yen) | 85 (810 yen) | 158.2 (1,507 yen) | 10.63 (1,063 yen) | 15.16 (1,516 yen) | 34.2 (5,375 yen) |
 ThreeTrader | 1972 (6963 yen) | 838.67 (2,958 yen) | 52.18 (464 yen) | 43.74 (389 yen) | – | 6.52 (652 yen) | 5.17 (512 yen) | 29.75 (4557 yen) |
 BigBoss | 731 (2,581 yen) | – | 47.１ (420 yen) | -7.62 (-73 yen) | – | 10.71 (1,071 yen) | 13.46 (1,346 yen) | 19.16 (2,941 yen) |
 Milton Markets | 491.56 (1,736 yen) | ‐ | 117.96 (1,046 yen) | -157.47 (1,520 yen) | – | 3.27 (327 yen) | 8.00 (800 yen) | 15.57 (2,387 yen) |
 XS.com | – | – | 49.24 (440 yen) | 36.91 (359 yen) | 82.37 (800 yen) | 5.28 (528 yen) | 6.89 (689 yen) | 21.85 (3,354 yen) |
*Swap points refer to January 27th-30th
*Yen conversion rate reference: January 27th-30th
*Swap points → base currency of the instrument → converted to yen
*Swap points fluctuate daily. Please use the above figures as a rough guideline
- Overseas Forex Swap Point Comparison: Ranked #1 | AXIORY
- Overseas Forex Swap Point Comparison: 2nd Place | Vantage Trading
- Overseas Forex Swap Point Comparison: 3rd Place | TitanFX
- Overseas Forex Swap Point Comparison: 4th Place | MYFX Markets
- Overseas Forex Swap Point Comparison: 5th Place | XMTrading
- Overseas Forex Swap Point Comparison: Ranked 6th | Axi
- Overseas Forex Swap Point Comparison: 7th Place | Three Trader
- Overseas Forex Swap Point Comparison: Rank 8 | BigBoss
- Overseas Forex Swap Point Comparison: 9th Place | Milton Markets
- Overseas Forex Swap Point Comparison: 10th Place | XS.com
With overseas forex brokers offering favorable swap points, swap points of 3,000 yen or more per lot . Compared to domestic forex, the attractiveness of overseas forex lies in the fact that swap points can be several times higher for some currency pairs.
In particular, high swap rates can be expected with currency pairs of high-interest currencies such as the Turkish lira, Mexican peso, and South African rand against the US dollar (EUR)
Next, we will introduce the details of each company
Top 10 Ranking of Overseas Forex Swap Point Brokers
We've compiled a ranking of overseas forex brokers with good swap points
We will now explain in detail the features and swap points of each company in the order of the "Recommended Broker Ranking" introduced above
Overseas Forex Swap Point Comparison: Ranked #1 | AXIORY
| item | Content |
|---|---|
| Maximum leverage | 1,000 times |
| Supported currency pairs | 61 types |
| Minimum lot size (minimum currency unit) | 0.01 lot (1,000 units of currency) |
| Double down | Possible within the same account |
| Zero Cut | can be |
| Transaction fees | Standard Account: Free Nano Account/Tera Account: $3 per lot (one way) |
| license | Belize Financial Services Commission (Registration Number: 000122/8) |
| Official website | https://www.axiory.com/jp |
| currency pair | short | long |
|---|---|---|
| USD/JPY | -15.03 (-1,503 yen) | 4.71 (471 yen) |
| GBPJPY | -20.85 (-2,085 yen) | 6.39 (639 yen) |
| EURAUD | 4.48 (483 yen) | -10.52 (-1135 yen) |
| EURTRY | 293 (2,847 yen) | -457 (-4,441 yen) |
| USDTRY | 1,192 (5,424 yen) | -6,409 (-29,161 yen) |
| USDMXN | -289 (-2,364 yen) | 111 (910 yen) |
| USDZAR | -172 (-1,406 yen) | 83 (683 yen) |
| XNIUSD (Nickel) | 96.54 (14,764 yen) | -151.1 （23,108） |
| XAUUSD (Gold) | 18.15 (2,775 yen) | -52.86 (-7,792 yen) |
In a comparison of swap points for overseas forex brokers, the number one choice is "AXIORY"
AXIORY isSome currency pairs offer swaps of over 5,000 yen per day, and other major currency pairs include USD/JPY、Favorable swap points for GBPJPYWe offer this
Overall, AXIORY is the ideal overseas forex broker for traders who want to earn money through swap points
AXIORY's advantages include not only high swap rates but also excellent execution speed
High-interest currency pairs are prone to sharp price fluctuations, so there is a risk that orders may not be executed if the execution speed is low. AXIORY, with its high swap rates and high execution speed, is recommended for those who want to trade high-interest currency pairs
Furthermore, if you open an AXIORY account our website "Money Charger (Manecha) ," you will receive cashback every time you make a trade. Please see below for details.
Overseas Forex Swap Point Comparison: 2nd Place | Vantage Trading
| item | Content |
|---|---|
| Maximum leverage | 1,000x leverage (2,000x leverage for premium accounts only) |
| Supported currency pairs | 65 types |
| Minimum lot size (minimum currency unit) | 0.01 lot (1,000 units of currency) |
| Double down | Only possible within the same account |
| Zero Cut | can be |
| Transaction fees | Standard Account/Premium Account: Free ECN Account: $3 per lot (one way) |
| license | Financial Services Commission of the Republic of Vanuatu (Registration Number: 700271) |
| Official website | https://www.vantagetradings.com/ |
| currency pair | short | long |
|---|---|---|
| USD/JPY | -16.69 (-1,669 yen) | 7.13 (713 yen) |
| GBPJPY | 5.55 (555 yen)） | -22.51 (-2,251 yen) |
| EURUSD | 3.11 (471 yen) | 6.77 (1,041 yen) |
| EURTRY | 2,783 (9,851 yen) | -4,389 (-15,537 yen) |
| USDTRY | 958.37 (5,064 yen) | -3,876 (-13,721 yen) |
| USDMXN | 22.8 (197 yen) | -224.5 (1,997 yen) |
| USDZAR | 21.83 (203 yen) | -217 (-1,934 yen) |
| NG-Cr (Natural Gas) | 36.69 (5,630 yen) | -55.29 (8,507 yen) |
| XAGUSD (Silver) | 7.93 (1,220 yen) | -28.04 (4,314 yen) |
| XAUUSD (`Gold) | 47.25 (7,251 yen) | -93.76 (-14,430 yen) |
In our comparison of swap points for overseas forex brokers, "Vantage Trading" comes in second place
Vantage Trading offers superior swap points for XAUUSD (gold) and USDTRY compared to other overseas forex brokers
Gold offers significantly more favorable swap points for short positions compared to other companiesIf you're going to short sell gold in swing trading, Vantage Trading offers positive swap pointsYou can aim for profit with this
Vantage Trading also offers a premium account specifically designed for medium- to long-term trading
With a premium account, swap points are reduced by 20%, making it effective for those who want to minimize negative swaps
If you'd like to try Vantage right away, you can receive trading cashback by opening an account through our website, "Money Charger (Manecha)"
Overseas Forex Swap Point Comparison: 3rd Place | TitanFX
| item | Content |
|---|---|
| Maximum leverage | 500x leverage (1,000x leverage for micro accounts only) |
| Supported currency pairs | 59 types |
| Minimum lot size (minimum currency unit) | 0.01 lot (1,000 units of currency) |
| Double down | Possible within the same account |
| Zero Cut | can be |
| Transaction fees | Standard Account: Free Micro Account: Free Blade Account: $3.50 per lot (one way) |
| license | Financial Services Commission of the Republic of Vanuatu (Registration Number: 40313) |
| Official website | https://titanfx.com/jp |
Overview of TitanFX
| currency pair | short | long |
|---|---|---|
| USD/JPY | -27.16 (-2,716 yen) | 5.89 (1,182 yen) |
| AUDJPY | 16.44 (1,644 yen) | 6.5 (650 yen) |
| GBPJPY | -36.88 (-3,688 yen) | 16.29 (1629 yen) |
| GBPSGD | 7.68 (933 yen) | -18.70 (-2,273 yen) |
| GBPTRY | 1,617 (5,722 yen) | -4,676 (-16,546 yen) |
| EURTRY | 789.77 (2,795 yen) | 5994 (21,215 yen) |
| USDTRY | 557.2 (1,972 yen) | 3028 (10,719 yen) |
| CoffArabica (coffee) | 16.88 (2,598 yen) | 22.4 (-3,392 yen) |
| XAGUSD (Silver) | 66.31 (10,203 yen) | 76.34 （-1,1746） |
| XAUUSD (Gold) | 21.34 (3,284 yen) | -67.54 (-10,392 yen) |
TitanFX is one of the overseas forex brokers that offers excellent swap points for USDTRY and USDMXN. A unique feature of TitanFX is that they actively review their swap points, and it's not possible to check swap points on their official website
In our comparison of overseas FX swap points, the third-ranked broker is "TitanFX"
Depending on the time of year,TitanFX offers significantly higher swap points on high-interest currency pairs than other companies. GBP and TRY tend to have higher swap points. Regularly check the latest swap points on TitanFX's MT4/MT5Let's do that
TitanFX also focuses on providing copy trading and automated trading (EA) distribution services
If you're interested in trading high-interest currency pairs but don't have much time to trade, why not try TitanFX's free copy trading and automated trading services?
If you're interested in trying TitanFX, our website "Money Charger (Manecha)" is the most advantageous option. Please check out the article below to apply.
Overseas Forex Swap Point Comparison: 4th Place | MYFX Markets
| item | Content |
|---|---|
| Maximum leverage | 1000 times |
| Supported currency pairs | 50 varieties or more |
| Minimum lot size (minimum currency unit) | 0.01 lot (10 units of currency) |
| Double down | Possible within the same account |
| Zero Cut | can be |
| Transaction fees | Standard account: Free Pro account: 310 yen per lot (one way) |
| license | Saint Vincent and the Grenadines International Business Company (Registration Number: 24078IBC2017) |
| Official website | https://myfxmarkets.com/ja/ |
| currency pair | short | long |
|---|---|---|
| USD/JPY | -16.58 (-1,658 yen) | 10.92 (1,092 yen) |
| EURUSD | 3.97 (616 yen) | -7.36 (-1,134 yen) |
| GBPJPY | -23.19 (-2,319 yen) | 14.98 (-1,498 yen) |
| EURTRY | 2,002 (7,112 yen) | -6235 (-22,149 yen) |
| USDTRY | 1498.33 (5,321 yen) | -7,009 (-24,866 yen) |
| USDMXN | 108.05 (963 yen) | -225.48 (-2,007 yen) |
| EURZAR | 179.29 (1,730 yen) | -283.91 (-2,745 yen) |
| USDZAR | 85.68 (822 yen) | -155.12 (-1,498 yen) |
| XAUUSD | 18.46 (2,844 yen) | -76.46 (-11,781 yen) |
In our comparison of swap points for overseas forex brokers, "MYFXMarkets" comes in at fourth place
MYFXMarket offers high swap points across all currency pairs
At the time of writing this article, the swap points are as follows:While MYFXMarkets doesn't offer the highest swap points for any single currency pair compared to other companies, its overall well-balanced swap points are a key featureis
For those who want to specialize in swap trading with a single overseas forex broker, I recommend MFYFXMarkets
Our website, Money Charger (Manecha) , offers a cashback program in partnership with MYFX Markets. If you are interested, please see this article.
Overseas Forex Swap Point Comparison: 5th Place | XMTrading
| item | Content |
|---|---|
| Maximum leverage | 1,000x (500x for Zero Account only) |
| Supported currency pairs | 55 types |
| Minimum lot size (minimum currency unit) | 0.01 lot (1,000 units of currency) |
| Double down | Only possible within the same account |
| Zero Cut | can be |
| Transaction fees | Micro account, Standard account, KIWAMI account: Free. Zero account: $5 per lot (one way). |
| license | Financial Services Authority of the Republic of Seychelles (Registration Number: SD010) Mauritius Financial Services Commission (Registration Number: GB20025835) |
| Official website | https://www.xmtrading.com/jp/ |
| currency pair | short | long |
|---|---|---|
| USD/JPY | -21.67 (-2,167 yen) | 5.3 (530 yen) |
| EURUSD | 4.79 (706 yen) | -11.41 (-1,681 yen) |
| USD CHF | 3.74 (577 yen) | -13.16 (-2,030 yen) |
| EURTRY | 1,270 (4,515 yen) | -6,851 (-24,351 yen) |
| USDTRY | 934 (3,405 yen) | -5,662 (-20,638 yen) |
| USDMXN | 134 (1,094 yen) | -406 (-3,329 yen) |
| EURZAR | 53.52 (552 yen) | -467.98 (-4,511) |
| USDZAR | 46.1 (445 yen) | -409.9 (-3,951 yen) |
| XAUUSD | 19 (2,801 yen) | -53.86 (-7,939 yen) |
In our comparison of swap points for overseas forex brokers, "XMTrading" comes in fourth place
XMTrading offers excellent swap rates for short positions on USDTRY and EURTRY among overseas forex brokers
One of the attractions of XMTrading is that it offers a full range of representative high-interest currency pairsisHigh swap rates on USD and EUR pairsYou can search for it
If you're looking to short USD and EUR and target market declines, I recommend XMTrading
If you're trading with XMTrading to profit from swap points, the Standard account, which allows you to raise funds with bonuses, and the Micro account, which is specialized for small-amount trading, are easy to use
XMTrading is a popular broker known for its reliability and security. For more details, please see A Thorough Explanation of XMTrading's Reputation and Customer Reviews
Overseas Forex Swap Point Comparison: Ranked 6th | Axi
a
| item | Content |
|---|---|
| Maximum leverage | 1,000 times |
| Supported currency pairs | 70 types |
| Minimum lot size (minimum currency unit) | 0.01 lot (1,000 units of currency) |
| Double down | Possible within the same account |
| Zero Cut | can be |
| Transaction fees | Standard Account: Free Premium Account: $3.50 per lot (one way) Elite Account: $1.75 per lot (one way) |
| license | Saint Vincent and the Grenadines International Business Company (Registration Number: 25417IBC2019) |
| Official website | https://www.axi.com/jp |
| currency pair | short | long |
|---|---|---|
| USD/JPY | -18 (-1,800 yen) | 10.63 (1,063 yen) |
| GBPJPY | 15.16 (1,516 yen) | -24.08 (-2,408 yen) |
| GBPMXN | 18.73 (-1,643 yen) | -18.73 (-147 yen) |
| USDCNH | -89.7 (1,997 yen) | 21 (466 yen) |
| USDMXN | 140 (1,147 yen) | -546 (-4,472 yen) |
| USDZAR | 85 (696 yen) | -300 (-2,457 yen) |
| XAUGBP (Gold) | 18.2 (3,825 yen) | ‐61.23 (-12,935 yen) |
| XAUUSD (Gold) | 34.2 (5,247 yen) | -63 (-9,722 yen) |
In our comparison of swap points for overseas forex brokers, "Axi" comes in at number 7
Axi offers high swap rates on the GBPMXN major currency pair, which is attractive due to its high volatility
In the case of other companies, Mexican pesos are often handled only in USD,Axi offers not only currency pairs but also GBP as a gold assetIf you're looking for swaps in the British pound, which is known for its high volatility, then Axi is worth checking out
Axi excels in execution speed and low spreads, making it recommended for traders employing a wide range of strategies, from swing trading to scalping and day trading
our website "Money Charger (Manecha) ," you'll receive a portion of the spread back as cashback every time you trade. Click here for details.
Overseas Forex Swap Point Comparison: 7th Place | Three Trader
| item | Content |
|---|---|
| Maximum leverage | 1,000 times |
| Supported currency pairs | 60 types |
| Minimum lot size (minimum currency unit) | 0.01 lot (1,000 units of currency) |
| Double down | Hedging is possible within the same account, between multiple accounts, and between accounts at other companies |
| Zero Cut | can be |
| Transaction fees | Pure Spread Account: Free Raw Zero Account: $2 per lot (one way) |
| license | Financial Services Commission of the Republic of Vanuatu (Registration Number: 40430) |
| Official website | https://www.threetrader.com/jp |
| currency pair | short | long |
|---|---|---|
| USD/JPY | -16.89 (-1,689 yen) | 6.52 (652 yen) |
| EURUSD | 2.88 (452 yen) | -8.21 (1,286 yen) |
| GBPJPY | -24.17 (-2,417 yen) | -12 (-1200 yen) |
| AUDJPY | -12.24 (-1,224 yen) | 5.59 (559 yen) |
| USDCNH | -84.11 (-1,905 yen) | 17 (385 yen) |
| USDTRY | 1233.96 (4,491 yen) | -6,065 (-22,077 yen) |
| EURTRY | 950.78 (3,416 yen) | -6981.17 (-25,408 yen) |
| XAUUSD | 18.42 (2,825 yen) | -35.02 (-5,162 yen) |
In our comparison of swap points for overseas forex brokers, "ThreeTrader" ranks 7th
ThreeTrader high swap rates on USDTRY and EURTRY . Its advantages include a high number of positive swap rates on Japanese yen currency pairs and the ability to trade CNY.
Compared to top companiesAlthough the swap amount is small, swaps are available across a wide range of currency pairs, making it easier to engage in medium- to long-term tradingThey are a business
ThreeTrader is a popular overseas forex broker known for its low spreads
It can be used for both short-term and medium- to long-term trading
opening a Three Trader account our website, "Money Charger (Manecha)" . Linking your account with Manecha will allow you to receive trading cashback. Please take advantage of this offer.
Overseas Forex Swap Point Comparison: Rank 8 | BigBoss
| item | Content |
|---|---|
| Maximum leverage | 1,111x (2,222x for Deluxe accounts only) |
| Supported currency pairs | 43 types |
| Minimum lot size (minimum currency unit) | 0.01 lot (1,000 units of currency) |
| Double down | Possible within the same account |
| Zero Cut | can be |
| Transaction fees | Standard Account: Free Pro Spread Account: $4.50 per lot (one way) Deluxe Account: $2.50 per lot (one way) |
| license | Saint Vincent and the Grenadines International Business Company (Registration Number: 380 LLC 2020) |
| Official website | https://www.bigboss-financial.com/ |
| currency pair | short | long |
|---|---|---|
| USD/JPY | -27.2 (-2,720 yen) | 10.71 (1,071 yen) |
| GBPJPY | -44.58 (-4,458 yen) | 13.46 (1,346 yen) |
| GBPUSD | -3.52 (-519 yen) | -4.17 (-615 yen) |
| AUDJPY | 18.5 (1,850 yen) | 6.99 (699 yen) |
| NZDJPY | -2,157 (2,157 yen) | 7.67 (767 yen) |
| USDMXN | 47.1 (420 yen) | -467.85 (-4,072 yen) |
| USDTRY | 731.2 (2,581 yen) | -4533 (-16,496 yen) |
| GOLD-USD | 19.16 (2,946 yen) | -30.57 (-4,506 yen) |
In our comparison of swap points for overseas forex brokers, "BigBoss" comes in at number 8
BigBoss offers relatively high swap points for USD/JPY and USD/TRY, and you can expect positive swap points especially for long positions in USD/JPY, AUD/JPY, and NZD/JPY. For major currencies, the swap points can sometimes exceed approximately 1,000 yen per lot per day
When USD/JPY is likely to rise, take a long position with BigBoss and earn exchange rate gains + swap pointsIt seems that many traders make money this way
With BigBoss, you can take advantage of the "account opening bonus" and "100% deposit bonus" when trading to earn swap points
Using bonuses significantly improves the efficiency of your funds
Opening a BigBoss account through our website, "Money Charger (Manecha),"
Overseas Forex Swap Point Comparison: 9th Place | Milton Markets
| item | Content |
|---|---|
| Maximum leverage | 500x leverage (1,000x leverage for Smart Accounts only) |
| Supported currency pairs | 71 types |
| Minimum lot size (minimum currency unit) | 0.01 lot (1,000 units of currency) |
| Double down | Only possible within the same account |
| Zero Cut | can be |
| Transaction fees | Flex Account: Free Smart Account: Free Elite Account: 1 lot one way/0.2 pips |
| license | Financial Services Authority of the Republic of Seychelles (Registration Number: SD040) |
| Official website | https://miltonmarkets.com/ja/ |
Overview of MiltonMarkets
| currency pair | short | long |
|---|---|---|
| USD/JPY | -39.87 (-5,879 yen) | 6.81 (1,003 yen) |
| EURUSD | 1.53 (226 yen) | -8.95 (-1,319 yen) |
| GBPUSD | -2.2 (-324 yen) | -4.18 (-616 yen) |
| AUDUSD | 0.71 (105 yen) | -3.66 (-540 yen) |
| USDTRY | 492 (2,239 yen) | -4,658 (-21,194 yen) |
| USDMXN | 118 (966 yen) | -495 (-4,054 yen) |
| USDZAR | -157 (-1,290 yen) | -265 (-2,167 yen) |
| XAUUSD | 16.71 (2,463 yen) | -53.34 (-7,863 yen) |
In our comparison of swap points for overseas forex brokers, MiltonMarkets ranks 9th
MiltonMarkets is the overseas forex broker with the most favorable swap points for AUDUSD
In this swap point comparison,MiltonMarkets highlighted the superiority of short positions in AUD/USD
MiltonMarkets offers an Elite Account specializing in slippage guarantees and low spreads
For those who frequently trade AUDUSD, MiltonMarkets is recommended as it offers trading conditions that are well-suited to everything from scalping to swing trading. They also offer an "account opening bonus," so be sure to check it out
Overseas Forex Swap Point Comparison: 10th Place | XS.com
| item | Content |
|---|---|
| Maximum leverage | 2,000x (500x for VIP accounts only) |
| Supported currency pairs | 71 types |
| Minimum lot size (minimum currency unit) | 0.01 lot (1,000 units of currency) |
| Double down | Only possible within the same account |
| Zero Cut | can be |
| Transaction fees | Cent Account, Standard Account, Pro Account: Free Elite Account: $3 per lot (one way) VIP Account: Customizable |
| license | Financial Services Authority of the Republic of Seychelles (Registration Number: SD089) |
| Official website | https://www.xs.com/jp/ |
| currency pair | short | long |
|---|---|---|
| USD/JPY | -19.11 (-1,911 yen) | 5.28 (528 yen) |
| EURUSD | 1.75 (175 yen) | -9.38 (-938 yen) |
| GBPJPY | -27.72 (-2,772 yen) | 6.89 (689 yen) |
| GBPCHF | -17.05 (-3,402 yen) | 4.41 (801 yen) |
| USDMXN | 49.24 (436 yen) | -278 (-2,471 yen) |
| EURZAR | 82.37 (791 yen) | -368.78 (-3,552 yen) |
| USDZAR | 36.91 (356 yen) | -218 (-2,104 yen) |
| XAUUSD (Gold) | 52.86 (8,152 yen) | -84.21 (-12,987 yen) |
In our comparison of swap points for overseas forex brokers, "XS.com" ranks 10th
XS.com offers exceptionally high swap points for gold (XAUUSD). You can expect to receive approximately 8,000 yen in positive swap points per lot per day. However, swap rates are constantly fluctuating, so it's uncertain how long this level of quality will last
XS.com offers leverage up to 2,000x and has recently been running bonus campaigns, which is worth noting
The newly released "XS Lab" also offers free access to market reports that explain market trends based on key economic indicators
Opening an XS account through our website, Money Charger (Manecha), is the most advantageous option. With Money Charger's cashback program, a portion of the spread is returned for every trade. Click here for details
Basic knowledge of swap points, including how to calculate and check them
Now, let's address the question, "What exactly are swap points?"
When you hear the term "swap points," you probably get the impression that you're receiving interest
However, the advantages of overseas forex trading are not limited to interest rates
Swap points are the interest rate differences between different currencies
Swap points are the interest rate difference between different currencies
Each currency has a set policy interest rate, and the purpose of swap points is to settle the interest rate difference between these currencies .
For example, if you trade by buying a currency with a high interest rate and selling a currency with a low interest rate, the difference in interest rates (swap points) will be reflected in your position as profit
Conversely, if you sell a currency with a high interest rate and buy a currency with a low interest rate, the interest rate differential will be negative, and this will be reflected in the position's profit or loss as part of the loss
Policy interest rates of various countries [Updated July 2025]
| Country name | policy interest rate | Change range |
|---|---|---|
| Japan | 0.50% | 0.0025 |
| America | 4.25%～4.50% | -0.25% |
| EU | 2.00% 2.15% 2.40% | -0.25% -0.25% -0.25% |
| England | 4.25% | -0.25% |
| Australia | 3.85% | -0.25% |
| new zealand | 3.25% | -0.25% |
| Canada | 2.75% | -0.25% |
| Switzerland | 0.00% | -0.25% |
| South Africa | 7.25% | -0.25% |
| Hong Kong | 4.75% | -0.25% |
| Türkiye | 46.00% | 0.035 |
| China | 3.00% | -0.10% |
| Mexico | 8.00% | -0.50% |
| Brazil | 15.00% | 0.0025 |
Swap points vary depending on the broker
Even for the same currency pair, swap points vary depending on the FX broker
This is because the interest rates of the financial institutions that the FX broker partners with, and the swap points that the FX broker takes as a profit margin, differ
Therefore, if your primary goal is to profit from swap points, you should choose an overseas forex broker that offers favorable swap point rates
Interest rate differentials occur daily
Swap points are incurred on all open positions at the time of the changeover between trading days
This is because interest rate differentials persist as long as you hold a position
Please note that swap points are awarded to positions held at the swap point accrual timing set by each company, even if the position is not held throughout the day
What is the time frame for accruing swap points?
The swap point accrual time for overseas forex brokers is generally around 6:00 AM during daylight saving time and around 7:00 AM during standard time. However, the exact accrual timing may vary from company to company, so please be aware of this
There are days when swap points are tripled
Swap points are calculated by overseas forex brokers on a specific day of the week (often Wednesday), with three days' worth of points being credited
Interest rate differentials occur daily, but swap points are not calculated for Saturdays and Sundays, which are not business days. Therefore, positions held on a triple swap day will receive swap points for three days, including Saturday and Sunday.
Overseas forex brokers also offer swap-free options
Some overseas forex brokers offer "swap-free" options, meaning no swap points are charged
Swap-free options were traditionally offered to Muslims who were unable to receive interest for religious reasons
However, swap-free accounts have recently become available to the general public. Swap-free accounts help save on trading costs caused by negative swaps.
How to calculate swap points in overseas forex trading
Swap points in overseas forex trading are automatically calculated based on the interest rate difference between currency pairs, trading volume, and exchange rates
The formula for calculating swap points is as follows:
Swap point amount = Minimum price change × Swap point × Position trading volume
For example, if you hold a long position in USD/JPY (1 lot = 100,000 units of currency), and the swap points are 2.5 pips (25 points) per day, the calculation would be as follows:
Example of swap point calculation
1 pip (0.01 yen) x 2.5 x 100,000 units of currency = 2,500 yen per day
Swap points are calculated in this way, with specific amounts
Additionally, some overseas forex brokers offer swap point calculators via smartphone apps. Using these calculators, you can easily calculate the amount of swap points simply by entering the currency pair and lot size
How to check swap points in overseas forex trading
Here, we will explain two ways to check swap points for overseas forex trading
You can generally check the latest swap points for each company using these methods
Check on the official website of the overseas forex broker
The latest swap points can be checked on the official website of the overseas forex broker
You can generally check the latest swap points with any overseas forex broker by following the steps below
- Open the list of available brands from the menu on the official website
- Select the trading conditions for the stock you want to check
- Check the latest swap points from the list of stocks
Some overseas forex brokers may not display swap points on their official websites
If you cannot check the swap points on the official website, check them using MT4 or MT5 as described below
Check from the MT4/MT5 of overseas forex brokers
You can check the swap points of overseas forex brokers from MT4/MT5 using the following method
Open the list of stocks
Open "Stocks" from the "View" menu at the top
Select the currency pair for which you want to check swap points
From the list of available securities, click to select the securities for which you want to check the swap points
Check swap points
You can check the swap points from the trading conditions at the bottom
The following article explains spreads in overseas forex trading. Please refer to it as well
Overseas Forex Swap Point Comparison (Major Currencies)
Now, let's continue by looking at the swap points offered by various overseas forex brokers, separated into major currencies and high-interest currencies
Let's carefully compare the swap points offered by each company for major currency pairs with frequent trading opportunities and high-interest currency pairs with high swap points
The swap points listed are as of January 2026
*Swap points fluctuate daily. Please use this data as a reference for the trends in swap points for each company
USD/JPY swap point comparison (major currencies)
Let's take a closer look at USD/JPY
The following table compares the USD/JPY swap points offered by various overseas forex brokers
| USD/JPY | short | Short (Japanese Yen) | long | Long (Japanese Yen) |
|---|---|---|---|---|
Axi | -18 | -1,800 yen | 15.16 | 1,516 yen |
AXIORY | -15.03 | -1,503 yen | 4.71 | 471 yen |
BigBoss | -27.2 | -2,720 yen | 10.71 | 1,071 yen |
 Exdefine | -1.43 | -1,430 yen | 0 | 0 yen |
 FXGT | -29.59 | -2,959 yen | 3.21 | 321 yen |
 HFM | -22.6 | -2,260 yen | 0 | 0 yen |
 IS6FX | -24.45 | -2,445 yen | 2.5 | 250 yen |
Milton Markets | -39.87 | -5,879 yen | 6.81 | 1,003 yen |
MYFXMarkets | -16.58 | -1,658 yen | 10.92 | 1,092 yen |
ThreeTrader | -16.89 | -1,989 yen | 6.52 | 652 yen |
TitanFX | -27.16 | -2,716 yen | 5.89 | 589 yen |
Vantage Trading | -16.69 | -1,669 yen | 7.13 | 713 yen |
 XMTrading | -21.67 | -2,167 yen | 5.3 | 530 yen |
XS.com | -19.11 | -1,911 yen | 5.28 | 528 yen |
In our comparison of USD/JPY swap points, the best overseas forex broker was "Axi" with 1,516 yen
BigBoss's USD/JPY swap points allow you to receive a positive swap of 11.48 points per lot per day for long positions, which translates to 1,693 yen in Japanese currency
A key feature of Axi's USDJPY pair is that the negative swap for short positions is relatively low
EURUSD Swap Point Comparison (Major Currencies)
The following table compares the swap points for EURUSD (Euro/US Dollar) offered by various overseas forex brokers
| EURUSD | short | Short (Japanese Yen) | long | Long (Japanese Yen) |
|---|---|---|---|---|
Axi | 5.53 | 869 yen | -8.5 | -1,336 yen |
AXIORY | 3.74 | 896 yen | -7.36 | -1,432 yen |
BigBoss | 1.13 | 207 yen | -7.04 | -1,290 yen |
Exdefine | 0 | 0 yen | -0.68 | -124 yen |
FXGT | 3.68 | 674 yen | -10.59 | -1,941 yen |
HFM | 0 | 0 yen | -8.5 | -1,332 yen |
IS6FX | 1.81 | 331 yen | -10.3 | -1,833 yen |
Milton Markets | 1.53 | 226 yen | -8.95 | -1,319 yen |
MYFXMarkets | 3.97 | 727 yen | -7.26 | -1,331 yen |
ThreeTrader | 2.88 | 452 yen | -8.21 | 1,286 yen |
TitanFX | 2.76 | 433 yen | -8.69 | -1,364 yen |
Vantage Trading | 3.11 | 662 yen | -6.77 | -1,241 yen |
XMTrading | 8.61 | 1,578 yen | -11.41 | -1,681 yen |
XS.com | 1.75 | 320 yen | -9.38 | -1,719 yen |
In a comparison of swap points for EURUSD (Euro-Dollar), the best overseas forex broker is "XMTrading," where you can receive a positive swap of 1578 yen.
The second option "Axi," which offered a swap point of 869 yen per day for a long position on EURUSD.
Incidentally, the highest price for a short position on EURUSD was -124 yen at Exness
GBPJPY Swap Point Comparison (Major Currencies)
The following table summarizes the swap points for GBP/JPY (British Pound/Japanese Yen) offered by various overseas forex brokers
| GBPUSD | short | Short (Japanese Yen) | long | Long (Japanese Yen) |
|---|---|---|---|---|
Axi | -24.08 | -2,408 yen | 15.16 | 1516 yen |
AXIORY | -22.25 | -2,225 yen | 6.966 | 696 yen |
BigBoss | -44.58 | -4,458 yen | 13.46 | 1,346 yen |
Exdefine | -1.94 | -194 yen | 0 | 0 yen |
FXGT | -36.21 | -3,621 yen | 4.91 | 491 yen |
HFM | -30.09 | -3,090 yen | 0 | 0 yen |
IS6FX | -27.01 | -2,701 yen | 4.63 | 463 yen |
Milton Markets | -2.2 | -324 yen | 8.00 | 800 yen |
MYFXMarkets | -22.75 | -2,275 yen | 14.63 | 1,463 yen |
ThreeTrader | -24.17 | -2,417 yen | 12 | 1,200 yen |
TitanFX | -36.88 | -3,688 yen | 16.29 | 1,629 yen |
Vantage Trading | -22.51 | -2,251 yen | 5.55 | 555 yen |
XMTrading | -37.14 | -3,714 yen | 1.16 | 116 yen |
XS.com | -27.72 | -2,772 yen | 6.89 | 683 yen |
The overseas forex broker with the highest swap points for GBPJPY (British Pound/Japanese Yen) was "TitanFX"
At the latest rates as of the time of writing this article, the swap points for GBPJPY are positive for long positions. By trading with overseas forex brokers such as Axi, BigBoss, and TitanFX, which offer the largest possible positive swap points, you can expect to profit from holding positions overnight
On the other hand, many brokers offered GBPJPY short positions with negative swap rates more than double those of long positions. Caution is advised when hedging
AUDUSD Swap Point Comparison (Major Currencies)
The following table summarizes the swap points for AUDUSD (Australian Dollar/US Dollar) offered by various overseas forex brokers
| AUDUSD | short | Short (Japanese Yen) | long | Short (Japanese Yen) |
|---|---|---|---|---|
Milton Markets | 0.71 | 109 yen | -3.65 | -563 yen |
XS.com | -1.06 | -163 yen | -1.38 | -213 yen |
Vantage Trading | -0.31 | -48 yen | -0.97 | -149 yen |
BigBoss | 0.14 | 22 yen | -3.92 | -613 yen |
MYFXMarkets | -0.86 | -132 yen | -0.86 | -132 yen |
Axi | 0 | 0 yen | -1.95 | -301 yen |
Exdefine | -0.08 | -12 yen | -0.08 | -12 yen |
ThreeTrader | -0.69 | 106 yen | -2.05 | 316 yen |
HFM | -1.4 | -216 yen | -2.9 | -448 yen |
FXGT | -0.84 | 129 yen | -2.77 | -428 yen |
TitanFX | -1.16 | -182 yen | -3.16 | -496 yen |
XMTrading | -1.01 | -159 yen | -2.72 | -425 yen |
When comparing swap points for AUDUSD (Australian Dollar/US Dollar), the best overseas forex broker was "Milton Markets"
Most overseas forex brokers offer negative swap points for both long and short positions on AUD/USD
However, with Milton Markets, you can receive swap points of 0.71 points per lot per day for a short position on AUDUSD, which is equivalent to 109 yen in Japanese currency
AUDUSD can sometimes be profitable depending on the time of year, but you should choose a broker with the smallest possible negative swap to minimize risk
Characteristics and precautions regarding high swap rates in overseas forex trading
Next, we will compare the figures for each company focusing on swap currencies (high-interest currency pairs)
Let's start by looking at the Turkish Lira pair, which is popular in Japan
USDTRY swap point comparison (high swap)
In overseas forex trading, few brokers offer TRYJPY; USDTRY (US dollar/Turkish lira) is more common
The swap points for USDTRY are summarized in the comparison table below
| USDTRY | short | Short (Japanese Yen) | long | Long (Japanese Yen) |
|---|---|---|---|---|
AXIORY | 1,192 | 5,424 yen | -6,409 | -29,161 yen |
BigBoss | 731.2 | 2,946 yen | -30.57 | -4,506 yen |
Exdefine | 0 | 0 yen | 0 | 0 yen |
FXGT | 234 | 850 yen | -4,295 | -15,288 yen |
HFM | -170 | -606 yen | -5,987 | -21,311 yen |
Milton Markets | 16.71 | 2,463 yen | -53.34 | -7,863 yen |
MYFXMarkets | 1,498 | 5,321 yen | -7,009 | -24,866 yen |
ThreeTrader | 1233.96 | 4,491 yen | -6,065 | -22,077 yen |
TitanFX | 557.2 | 1,972 yen | -3,028 | -10.719 yen |
Vantage Trading | 958.37 | 5,064 yen | -3,876 | -13,721 yen |
XMTrading | 934 | 3,405 yen | -5,662 | -20,638 yen |
In our comparison of USDTRY (US dollar, Turkish lira) swap points, the overseas forex broker with the highest positive swap was "AXIORY"
For short positions in USDTRY, AXIORY and Vantage Trading offer favorable swap rates
With positive swap amounts, AXIORY offers 1,192 points per lot per day, which is equivalent to 5,422 yen in swap points.
Additionally, Vantage Trading, which offers a slightly positive swap has a difference in that its negative swap for USDTRY long positions is approximately 2,000 points less
Points to note regarding Turkish Lira (TRY) currency pairs
The Turkish lira (TRY) has relatively high swap points due to its policy interest rate, which is very high compared to the rest of the world
On the other hand, the high interest rates of the Turkish lira are due to persistently high inflation, declining central bank independence, and unclear economic policies, leading to continued volatile interest rate fluctuations caused by a lack of confidence in the currency
Turkey's economic policies have been heavily criticized, with concerns raised about depleted foreign exchange reserves and hidden subsidy policies. These problems facing the Turkish economy must be taken into consideration when trading high-interest currency pairs, including the Turkish lira
USDMXN swap point comparison (high swap)
The following table compares the USD/MXN (US Dollar/Mexican Peso) swap points offered by various overseas forex brokers
| USDMXN | short | Short (Japanese Yen) | long | Long (Japanese Yen) |
|---|---|---|---|---|
Axi | 140 | 1,147 yen | -546 | -4,472 yen |
AXIORY | -289 | -2,364 yen | 111 | 910 yen |
BigBoss | 103 | 844 yen | -263.18 | -2,155 yen |
Exdefine | 0 | 0 yen | -300 | -2,457 yen |
FXGT | 81 | 663 yen | -448 | -3,669 yen |
HFM | 0 | 0 yen | -366 | -3,001 yen |
IS6FX | 14.11 | 116 yen | -173.38 | -1,420 yen |
Milton Markets | 118 | 966 yen | -495 | -4,054 yen |
MYFXMarkets | 149 | 1,220 yen | -298 | -2,437 yen |
ThreeTrader | 70.88 | 581 yen | -540 | -4,425 yen |
TitanFX | 4.11 | 34 yen | -43 | -355 yen |
Vantage Trading | 33.99 | 278 yen | -302 | -2,475 yen |
XMTrading | 134 | 1,094 yen | -406 | -3,329 yen |
XS.com | 173 | 1,416 yen | -515 | -4,222 yen |
In our comparison of USDMXN (US dollar, Mexican peso) swap points, the overseas forex broker with the highest positive swap was "XS.com"
At XS.com, a short position in USDMXN generates a positive swap of 172.85 points per lot per day, which translates to a reward of 1,416 yen .
On the other hand, the negative swap for long positions is also large, so if you want to minimize the negative swap for USDMXN, IS6FX is recommended as it has lower negative swaps than other companies, with long positions having a daily negative swap of -173.38 points
Points to note regarding Mexican Peso (MXN) currency pairs
The Mexican peso (MXN) is a popular currency among individual investors because it is relatively stable in price among high-interest rate currencies and offers high swap points
While keeping inflation under control, the country maintains a high-interest rate policy, making it suitable for medium- to long-term investments aimed at earning swap points
On the other hand, the Mexican peso is highly dependent on oil prices, susceptible to the influence of the US economy, and faces debt problems with the state-owned oil company. As a result, there is a high correlation between oil prices and the value of the peso, and a sharp drop in oil prices could cause the Mexican peso to plummet as well
In particular, we must be careful because, geopolitically, it tends to be directly affected by President Trump's tariff policies
USDZAR swap point comparison (high swap)
The following table summarizes the USD/ZAR (US Dollar/South African Rand) swap points offered by various overseas forex brokers
| USDZAR | short | Short (Japanese Yen) | long | Long (Japanese Yen) |
|---|---|---|---|---|
Axi | 85 | 696 yen | -300 | -2,457 yen |
AXIORY | 83 | 683 yen | -289 | -2,364 yen |
BigBoss | -7.62 | -72 yen | -30.8 | -294 yen |
Exdefine | 0 | 0 yen | 0 | 0 yen |
FXGT | 11.56 | 109 yen | -44.12 | -417 yen |
HFM | 0 | 0 yen | -280 | -2,659 yen |
IS6FX | -39.59 | -377 yen | -148.3 | -1,415 yen |
Milton Markets | -157 | -1,290 yen | -265 | -2,167 yen |
MYFXMarkets | 85.68 | 822 yen | -155 | -1,498 yen |
ThreeTrader | -91.96 | -927 yen | -199.27 | -1,886 yen |
TitanFX | -67.67 | -604 yen | -168 | -1,596 yen |
Vantage Trading | 21.83 | 203 yen | -271 | -1,934 yen |
XMTrading | 46.1 | 445 yen | -409.9 | -3,951 yen |
XS.com | 36.91 | 356 yen | -218 | -2,104 yen |
In our comparison of USDZAR (US dollar, South African rand) swap points, the overseas forex broker with the highest positive swap was "MYFX Markets"
At MYFXMarkets, you can earn swap points of 85.68 points per lot per day for a short position in USDZAR, which is equivalent to 822 yen in Japanese currency
USDZAR swap points tend to fluctuate significantly depending on the time period. Even with positive swap points, be careful not to let your guard down
Points to note regarding South African rand (ZAR) currency pairs
The South African rand is one of the high-interest currencies with high swap points
The African Reserve Bank, South Africa's central bank, maintains high interest rates to curb inflation, which contributes to high swap points
On the other hand, like other high-interest currencies, it is prone to fiscal instability due to factors such as chronic power shortages, rising unemployment and slowing economic growth, and political corruption
While the South African rand is attractive due to its high interest rates, it also has weaknesses, such as being susceptible to external factors like economic instability in South Africa and fluctuations in the prices of gold and platinum
XAUUSD Gold Swap Comparison (High Swap)
The swap points for XAUUSD (Gold) offered by various overseas forex brokers are summarized in the comparison table below
| XAUUSD | short | Short (Japanese Yen) | long | Long (Japanese Yen) |
|---|---|---|---|---|
| Axi | 34.2 | 5,247 yen | -63 | -9,722 yen |
| AXIORY | 18.15 | 2,775 yen | -52.86 | -7,792 yen |
| BigBoss | 19.16 | 2,946 yen | -30.57 | -4,506 yen |
| Exdefine | 0 | 0 yen | 0 | 0 yen |
| FXGT | 18.31 | 2,869 yen | -75.2 | -11,785 yen |
| HFM | 0 | 0 yen | -73.95 | -11,433 yen |
| IS6FX | 21.45 | 3,319 yen | -74.86 | -11,584 yen |
| Milton Markets | 16.51 | 2,434 yen | -53.49 | -7,885 yen |
| MYFXMarkets | 18.46 | 2,848 yen | -76.46 | -11,781 yen |
| ThreeTrader | 18.42 | 2,825 yen | -35.02 | -5,162 yen |
| TitanFX | 21.34 | 1,918 yen | -35.02 | -5,162 yen |
| Vantage Trading | 15.51 | 3,284 yen | -67.54 | -10,394 yen |
| XMTrading | 19 | 2,801 yen | -53.86 | -7,939 yen |
| XS.com | 52.86 | 8,152 yen | -84.21 | -12,987 yen |
In a comparison of swap points for XAUUSD (Gold), the overseas forex broker offering the most favorable swap points was "XS"
With XS's XAUUSD, you can receive a positive swap of 52.86 points per lot per day for a short position, which translates to 8,152 yen in Japanese currency
Gold offers a positive swap for short positions, making Vantage Trading advantageous for swing trading short strategies
Conversely, if your strategy is to buy, you can also take advantage of Exness, which offers swap-free trading on gold
For recommended overseas forex brokers for gold trading, please see our Summary of Recommended Overseas Forex Brokers for Gold Trading
Points to note regarding gold-related currency pairs
The remarkable surge in gold prices is attributed to factors such as the "de-dollarization" and rising geopolitical risks related to "Russia-Ukraine" and "the situation in the Middle East."
Many overseas forex brokers offer swap points in the thousands of yen, which is certainly attractive. However, it's important to note that high swap points are only available on short positions
Gold prices have sometimes experienced sharp declines due to expectations of interest rate hikes or cuts in the United States, as well as developments in global affairs. Depending on the timing, it may be possible to trade while avoiding exchange rate losses by taking a short position
It's important to enter trades cautiously, without being swayed by swap points or the overheated feeling caused by price surges
Overseas forex brokers that offer swap-free options
Here, we introduce the following four overseas forex brokers that offer swap-free trading
By using swap-free trading, you can conduct medium- to long-term trades without incurring negative swap fees
*The scope of swap-free policies varies by company, and details may change, so please be sure to check the official website before using the service
XMTrading | KIWAMI Extreme Account
| item | Content |
|---|---|
| Maximum leverage | 1,000 times |
| Transaction fees | free |
| Brands we handle | Currency pairs: 55 types Precious metal CFDs: 5 types Stock index CFDs: 29 types Commodity CFDs: 8 types Energy CFDs: 8 types Stock CFDs: 1,300 types Cryptocurrency CFDs: 60 types |
| Number of swap-free securities | 30 types |
| Swap-free period | Indefinite |
| Conditions for using swap-free | All users of the KIWAMI account |
XMTrading offers "unlimited swap-free" trading for its KIWAMI accounts
The swap-free policy for the KIWAMI account applies unconditionally to the following securities
- Major currency pairs
- Precious Metals CFD (Gold and Silver)
Although there are few stocks eligible for swap-free trading,One of the advantages of the KIWAMI account is that there are no conditions for applying the swap-free policy, and it applies indefinitelyis
In addition, the KIWAMI account offers commission-free trading, narrower spreads than the standard account, and leverage up to 1,000x
The KIWAMI account, with its low transaction costs, is ideal for swing traders who want to trade without negative swap fees
Exness | All Account Types
| item | Content |
|---|---|
| Maximum leverage | Unlimited |
| Transaction fees | Cent Account, Standard Account, Pro Account: Free Low Spread Account: Maximum $ |
| Brands we handle | Currency pairs: 73 types Precious metal CFDs: 15 types Stock index CFDs: 10 types Energy CFDs: 3 types Stock CFDs: 72 types Cryptocurrency CFDs: 11 types |
| Number of swap-free securities | 42 types |
| Swap-free period | Indefinite |
| Conditions for using swap-free | Always swap-free: All users receive preferential swap-free treatment: Conditions not disclosed |
| Target stocks | Always swap-free | Shareholder benefit swap-free |
|---|---|---|
| Cryptocurrency CFDs (Bitcoin and Ethereum paired with fiat currencies and precious metals) | ○ | ○ |
| Major currency pairs | × | ○ |
| Stock index CFDs | × | ○ |
The permanent swap- applies to all Exness users and account types indefinitely
Basically, with the preferential swap-free trading plan, you can trade major currency pairs and stock index CFDs with no swap fees indefinitely
For information on Exness, which offers swap-free trading on a wide range of currency pairs and CFD instruments, please see Exness Reviews and Testimonials
If you want to try Exness's free swaps right now, you can open an account through our website "Money Charger (Manecha)" here
FXGT | Pro Account & ECN Zero Account
| item | Content |
|---|---|
| Maximum leverage | 1,000 times |
| Transaction fees | Pro Account: Free ECN Zero Account: $3/one-way per lot |
| Brands we handle | Currency pairs: 53 types Precious metal CFDs: 2 types Energy CFDs: 3 types Cryptocurrency CFDs: 53 types Stock index CFDs: 9 types Stock CFDs: 50 types |
| Number of swap-free securities | 66 types |
| Swap-free period | Pro Account: 6 days ECN Zero Account: 3 days |
| Conditions for using swap-free | All users of Pro Account and ECN Zero Account |
FXGT offers up to 6 days of swap-free trading for its Pro Account and ECN Zero Account
The eligible securities and periods for swap-free trading are as follows:
| Target stocks | ProDrive | ECN Zero Account |
|---|---|---|
| currency pair | 6 days | 3 days |
| Stock index CFDs | 6 days | 3 days |
| Precious Metals CFD (Gold) | 6 days | 3 days |
| Energy CFD | 6 days | – |
FXGT's swap-free policy applies to the most common instruments and for the longest period of time in its Pro account
With a Pro account, you can trade most major instruments with a 6-day swap-free period
For detailed specifications of FXGT, which offers swap-free trading on its ECN Zero and Pro accounts, please see FXGT Reviews and Testimonials
HFM | All Account Types
| item | Content |
|---|---|
| Maximum leverage | 2,000 times |
| Transaction fees | Cent Account, Premium Account, Pro Account: Free Zero Account: $3 per lot (one way) |
| Brands we handle | Currency pairs: 53 types Precious metal CFDs: 6 types Energy CFDs: 23 types Stock index CFDs: 4 types Stock CFDs: 212 types Cryptocurrency CFDs: 40 types Bond CFDs: 3 types ETF (Exchange Traded Fund) CFDs: 24 types |
| Number of swap-free securities | 56 types |
| Swap-free period | Currency pairs: up to 6 days Precious metals CFD (gold): 3 days Energy (spot): 6 days Energy (futures): perpetual Stock index CFD: perpetual Bond CFD: perpetual |
| Conditions for using swap-free | Applies to all account types and all users |
HFM (HFM Markets) offers swap-free trading for all account types
HFM's swap-free policy applies to a wide range of tradable securities
Major currency pairs with high trading frequency are swap-free for 6 days, and gold is swap-free for 3 days. Furthermore, energy CFD futures, stock index CFDs, and bond CFDs are swap-free indefinitely
If you'd like to learn more about HFM, where almost all securities are swap-free across all account types, please read HFM Reviews and Testimonials
Tips for making money with swap points in overseas forex trading
To reliably earn money through swap points in overseas forex trading, the following five tips are important
- It's difficult to make a living off swap points with a completely hands-off approach
- Always take advantage of the latest swap points
- A strategy involving switching business days and using hedging
- High-interest currency pairs are used to profit from a reversal of the long-term trend
- Adopt a diversified investment strategy
- Reduce transaction costs with cashback
Many beginners mistakenly believe that swap points can be earned simply by holding a position, but this won't work unless you understand the key points
A completely hands-off swap lifestyle is difficult
Since swap points are received daily, some people might wonder, "Can I live off swap points alone by holding a position in a high-interest currency pair?"
However, it's not realistic to make a living solely from swapping without any effort
This is because the foreign exchange market is constantly fluctuating, and most high-interest currency pairs tend to result in negative gains or losses due to price fluctuations
Therefore, even when profiting from high-interest currency pairs, it is crucial to take a position at the most favorable time possible
Always check the latest swap points
If you want to earn money through swap points, make sure you know the latest swap points offered by multiple overseas forex brokers
This is because swap points are reviewed daily by each FX broker
For example, a position that had a positive swap just a few days ago might suddenly turn negative
Therefore, important to check the latest swap points and choose an account from among the many overseas forex brokers that offers favorable swap points .
Strategies using business day rollover and hedging
Swap points are generated when the trading day changes, around 6:00 AM Japan time (7:00 AM during winter time)
The timing of the accrual of these swap points is also called "rollover," and some short-term traders profit by adopting a hedging strategy that targets "rollover."
By using a hedging strategy at the time swap points are credited, it is possible to offset position losses due to price fluctuations and secure a large profit from swap points
During the transition between business days, market price fluctuations tend to be significant, making trading more difficult, so caution is advised
High-interest currency pairs are used to profit from a reversal of the long-term trend
When trading high-interest currency pairs, aim to trade against the long-term trend
This is because, fundamentally, the direction of a position with a large positive swap is the exact opposite of the long-term trend
For example, in the case of the Turkish Lira against the Japanese Yen, where a large positive swap can be received with a buy (long position), a clear downtrend has continued for a long period
In other words, while holding a long position allows you to receive swap points, it also increases the risk of losses due to price fluctuations
Therefore, when trading high-interest currency pairs, aim to trade against the long-term trend
Adopt a diversified investment strategy
When trading with the aim of earning swap points, we recommend "diversified investment" rather than concentrating your funds in a single currency pair
This is because currency pairs with high swap points have a higher risk of sharp price fluctuations
By diversifying your investments across multiple currency pairs, you may be able to offset losses in one currency pair with gains from other pairs
Reduce transaction costs with cashback
Swap points and cashback are a very good combination
By using overseas FX cashback sites like Money Charger (Money Charger), you can earn profits through cashback in addition to swap points .
In long-term investments aimed at earning swap points, you hold multiple positions, making it possible to receive a significant amount of cashback each time you close a position .
Furthermore, the standard account, designed for medium- to long-term investments, offers a significantly higher cashback amount
Points to note regarding swap points in overseas forex trading
Here, we will explain the following four points to keep in mind regarding swap points in overseas forex trading
Let's make sure to carefully review the general points to note regarding swap points and the specifications unique to overseas forex brokers
Swap points fluctuate
The first important point to note regarding swap points in overseas forex trading is that "swap points fluctuate."
Swap points are subject to review based on each country's policy interest rates and the financial institutions partnered with the FX broker
Therefore, it is important to always be aware of the latest swap points
For example, even if the swap points were positive up to the previous day, they may become negative the next day, increasing the unrealized loss on the position
Generally, there are many negative swaps
The second point to note regarding swap points in overseas forex trading is that "there are generally many negative swap points."
Generally, with any currency pair,Either a buy or sell position incurs a negative swapThis is the result
Furthermore, the amount of negative swap is often larger than the amount of positive swap
Therefore, be aware that if you open both positions with exactly the same lot size, you may incur losses due to negative swap fees when carrying over positions
It is not possible to withdraw only swap points
The third point to note regarding swap points in overseas forex trading is that "you cannot withdraw only the swap points."
Swap points are credited at the start of each business day,Swap points for open positions cannot be withdrawn in advance
This is because swap points are reflected as unrealized gains or losses on the position
Therefore, when withdrawing profits from swap points, you close your position and withdraw the funds as part of your account balance, just like any other profits
Swap-free may not apply
The fourth point to note regarding swap points in overseas forex trading is that "there is a possibility that swap-free trading may not apply."
Some overseas forex brokers offer swap-free options, meaning no swap points are charged
Most overseas forex brokers have conditions attached to their application of this swap-free policy
For example, some accounts offer swap-free trading for the first three days after a position is entered, or swap-free trading for accounts that don't frequently hold positions overnight
If you plan to utilize swap-free options, be sure to check the applicable conditions of each company in advance
Frequently Asked Questions about Swap Points in Overseas Forex Trading
What are swap points in overseas forex trading?
Swap points are adjustment fees incurred when carrying over a position to the next day, based on the interest rate difference between currency pairs. If you buy the currency with the higher interest rate and sell the currency with the lower interest rate, you receive swap points; conversely, you pay swap points if the position is reversed. In overseas forex trading, these swaps are added and collected every business day, impacting profits and losses during long-term holdings
Can I earn swap points with overseas forex trading?
Yes, by holding high-interest currencies for the long term, it is possible to continuously receive swap points. However, there is a risk that exchange rate fluctuations may result in exchange rate losses exceeding the swap profits, so it is difficult to earn consistently by simply leaving the position unattended. Please refer to "Tips for Earning with Swap Points in Overseas Forex" for a detailed explanation of the key points
Is it possible to engage in arbitrage trading (spread trading) using swap points in overseas forex trading?
Yes, arbitrage trading (spread trading) using swap points is possible with some overseas forex brokers. However, the following conditions apply
- Arbitrage trading is permitted
- The swap points offered are suitable for arbitrage trading
- No restrictions on hedging
Arbitrage trading is known as a reliable investment method, but the number of overseas forex brokers that actually allow arbitrage trading is limited
For more information on arbitrage, a less-than-ideal trading technique using overseas forex brokers, please see Explanation of Arbitrage in Overseas Forex for Beginners
Which currency pairs are recommended for swap points?
For trading aimed at earning swap points, recommended currency pairs include those containing TRY (Turkish Lira), MXN (Mexican Peso), and ZAR (South African Rand). These currencies are known as high-interest currencies, and currency pairs that include them offer high swap points. In overseas forex trading, currency pairs of high-interest currencies and the US dollar are popular
Is it possible to live off swap points from overseas forex trading?
Yes, theoretically, you can live off swap points alone. However, positions that generate swap points often move against the long-term trend. Therefore, it's not realistic to live off swap points simply by holding a position and leaving it alone
Do I need to file a tax return for swap points earned from overseas forex trading?
Yes, swap points from overseas forex trading are considered income, just like profits and losses, when you close your position. Therefore, swap points, like income from other trades, require tax filing and payment. Also, in the case of corporate accounts, profits and losses from open positions are also subject to taxation, so be aware of the difference in timing of taxation compared to individual accounts
Regarding taxes on overseas forex trading, be sure to read the complete guide to overseas forex taxes
Summary of swap points for overseas forex trading
While positive swap points have been increasing recently, negative swap points are still the norm .
Amidst this situation, it is possible to receive relatively high swap rates with some major currencies and high-interest currencies, resulting in substantial profits from holding them for several days or more. The high swap rates are far more attractive than those offered by domestic FX brokers .
However, trading without understanding exchange rate fluctuations and currency risks can lead to significant losses . Use this article as a guide and proceed with caution when aiming for profits with high-swap currency pairs.
Swap points refer to the interest rate difference between different currencies, and they occur daily. The advantage is that if you choose a currency pair with a high interest rate, you can earn a profit from that difference. However, swap points vary from broker to broker. Choosing a broker with the highest possible swap points is the quickest way to secure profits
This page compares and ranks the swap points of various currency pairs. Please carefully consider which pair and which broker to choose. Also, remember that high-interest currencies always have potential drawbacks. Don't assume everything is fine just because you're buying! Make sure you understand what those drawbacks are and what the future trends are before choosing a currency pair
