TRADING FEES
Trading Fees
SWAP RATES
SWAP RATES
Unleash the potential to optimize your overnight earnings or reduce
swap costs across our varied range of trading products.
WHAT IS SWAP RATE?
The Swap Rate pertains to the rollover interest rate applied to holding overnight positions in trading. It signifies the cost or earnings incurred from maintaining a currency pair position overnight after the conclusion of the trading day. Koze Global seamlessly adjusts your trading account to reflect potential gains or losses associated with this funding cost.
By grasping the concept of the Swap Rate, you can more effectively anticipate potential costs and returns, enabling strategic planning for your trades.
For traders with religious beliefs preventing them from receiving or paying swaps, Koze Global provides a swap-free account.
HOW IS SWAP RATE CALCULATED?
Online brokers calculate the Swap Rate based on the interest differential of currency pairs when positions are held overnight. At the close of a trading day, you have the option to leave your position open, resulting in the accrual of interest. Brokers either add (pay) or deduct (charge) this Swap Rate to your account.
This practice is commonly observed in markets such as Forex trading and gold trading. Interest is generated from overnight fluctuations in exchange rates when the financial markets are closed.
The Swap Rate can be influenced by various factors, including prevailing interest rates established by central banks, market liquidity conditions, the specific currency pair being traded, and any additional fees or adjustments implemented by the broker.
Open a
Koze Global Account Now
Register
A fast and straightforward account opening procedure.
Fund
Fund your trading account with an extensive choice of deposit methods.
Trade
Trade with spreads starting as low as 0.0 and gain access to over 1,000+ CFD instruments.