Risk Intelligence Calculators
Expert tools for capital preservation and real execution cost analysis.
Margin Calculator
Required equity for precise execution
1 Lot = 100,000 Units
Margin Result
Required Margin
$3,333.33
Leverage 1:30
Ensure your account balance exceeds this amount to open the position.
Pip Value Calculator
Precision risk management per asset
≈ 100,000 Units
Pip Value Result
Pip / Tick Value
10.00 USD
EUR/USD
Value per minimal price movement for your trade size.
Currency Converter
Live Interbank Rates • Updated Just Now
Conversion Result
1,000 USD is exactly
920
EUR
Swap-O-Meter
98 symbolsUpdated 2026-08-20Overnight Financing — What It Costs And When
| Broker | Long (Buy) | Short (Sell) | Unit |
|---|---|---|---|
| Admiral Markets | -0.9417% | -1.4527% | % / night |
| AvaTrade | -1.241% | -0.9125% | % / night |
| Fortrade | -3 | -8 | points / night |
| FxPro | -0.98 | -5.87 | points / night |
| IC Markets | +3.089 | -6.496 | points / night |
| Pepperstone | +2.14 | -6.5 | points / night |
| Plus500 | -1.387% | -1.1315% | % / night |
| Tickmill | +1.76 | -5.72 | points / night |
| Vantage | +0.91 | -5.93 | points / night |
| XTB | -0.33069% | -2.16737% | % / night |
A negative figure is charged to you; a positive one is credited. Percentage rows are a share of position value, not a cash amount, and are never converted into the points rows beside them. Brokers that do not offer this symbol are omitted rather than shown as zero.
Important — read before relying on these figures
Swap/overnight financing rates shown are indicative, provided for general comparison, and may not reflect current rates. Rates change frequently and vary by account type, entity, and market conditions. ForexRater does not guarantee their accuracy — always confirm the current rate with the broker before trading. Last updated: 2026-08-20.
Check swap rates before you hold overnight
A swap is the interest charged or paid when a leveraged position is held past the daily rollover. It is charged per night, separately from the spread, and on a position held for weeks it routinely costs more than the spread you compared brokers on.
Long and short are not symmetrical. One direction usually pays while the other receives, set by the interest-rate difference between the two currencies. A pair that is cheap to hold long can be expensive to hold short, and the sign flips when central banks move.
Wednesday is charged triple. Spot FX settles two business days forward, so the Wednesday rollover carries the weekend — one night’s position, three nights’ swap. Brokers publish this; it surprises people anyway.
Islamic (swap-free) accounts replace swaps with an administration fee. That is a different cost, not the absence of one — compare the fee, not the label.
Why the units differ down a single column
Brokers publish overnight financing in different quantities. Some quote points per lot; others quote a percentage rate applied to position value. A point is not a percent, and turning one into the other needs a contract size that varies by broker and account — so the figures stay in the unit each broker published and the Unit column says which is which. Two rows on the same symbol can look far apart and cost the same, or look close and cost very differently, purely because of that column.
Triple Swap Day: Wednesday (Standard for FX)
Spread-O-Meter
Recorded & Advertised Broker Spread Comparison
Sampled, broker-published and third-party reported figures. Rows chipped “reported” are published by the named research source on the date shown — not measured by us and not the broker’s own claim. ≈ values are approximate unit conversions, animated for illustration — see methodology + public data repository. Sampled and advertised figures are not directly comparable; units are as published by each broker. Recorded quotes are replayed from the session shown, not a live feed, and not measured by ForexRater.