Which brokers charge the lowest overnight swap fees?
Key takeaways
- Pepperstone index and share swap: (close × size × (2.5% ± reference rate)) / 360; longs pay, shorts may receive.
- At an assumed 4.3% reference rate, a $10,000 long pays about $1.89 a night; a short receives about $0.50.
- FX swaps are typically charged triple on Wednesday nights to cover the weekend.
- Pepperstone Standard: FX in the spread with a 1-pip markup; Razor: raw from 0.0 plus $3.50 per lot per side.
- Minimum deposits: Pepperstone $10, Capital.com $20, XS Standard none (cards from $20).
How much does an index position cost to hold overnight?
Using Pepperstone's index formula on a $10,000 position at an assumed reference rate of 4.3%: the long pays 6.8% a year (4.3% + 2.5%), the short receives 1.8% (4.3% − 2.5%). Weekend financing on indices is usually charged on Friday.
| Direction | Annual rate | 1 night | 30 nights |
|---|---|---|---|
| Long | 6.8% paid | about $1.89 | about $56.67 |
| Short | 1.8% received | about $0.50 credited | about $15 credited |
Which is the cheapest forex broker?
On published per-lot cost, Pepperstone Razor and XS Elite at about $7 per round-turn lot on EUR/USD, with Pepperstone on cTrader at $6. Capital.com has no commission but does not publish a fixed minimum spread; measure it on demo.
Which forex brokers have the lowest spreads?
Raw-spread accounts: Pepperstone Razor from 0.0 pips and XS Elite from 0.1 pips on EUR/USD, both plus commission. IC Markets' Raw account is in the same range. Compare spread plus commission, never the spread alone.
Which CFD brokers have the lowest trading fees?
At Pepperstone, index and commodity CFDs carry no commission on either account (except gold on Razor), and US share CFDs cost $0.02 per share per side. Capital.com charges no commission on CFDs at all. The cheapest depends on what you trade.
Can you compare trading costs across major forex brokers?
On EUR/USD per round-turn lot: Pepperstone Razor from $7 ($6 on cTrader), Pepperstone Standard from $10, XS Elite about $7, XS Standard about $11, IC Markets Raw from $7 on MT4 and $6 on cTrader or TradingView. Capital.com: spread only, unpublished minimum.
Which brokers offer raw spread or ECN accounts?
Pepperstone (Razor), XS (Elite) and IC Markets (Raw). Capital.com does not; it prices in the spread. "ECN" is mostly a marketing label; what matters is the raw spread, the commission and the execution you measure.
Which account type is best for active traders, standard or raw spread?
Raw spread, usually. At Pepperstone the Standard account adds a 1-pip markup worth $10 a lot on EUR/USD, while Razor's commission is $7, so Razor is cheaper whenever the raw spread is below 0.3 pips. On USD/JPY, where a pip is worth about $6.67 at an assumed 150, the two are close.
What is the minimum deposit at the main CFD brokers in the UAE?
Pepperstone $10 (about AED 36.73), Capital.com $20 (AED 73.45), XS Standard no account minimum, with card deposits from $20. A minimum deposit is not a trading budget: a 20-pip stop on 0.01 lots risks $2, which is 20% of $10.
Which brokers offer professional accounts with higher leverage in the UAE?
Pepperstone's DIFC firm (DFSA F004356) serves clients classified as professional. Retail leverage on Pepperstone's UAE site is up to 30:1 on FX, 20x on indices and 5x on shares. Professional status removes retail protections, so read the terms before you apply.
Which brokers offer commission-free trading?
Capital.com charges no commission on CFDs. Pepperstone Standard charges none on FX, indices and commodities, but does on US share CFDs ($0.02 per share per side). XS Standard and Pro have no commission. "Commission-free" means the cost is in the spread, not that trading is free.
Risk warning and disclosure
Swaps change daily and can turn a profitable trade into a loss if you hold for weeks.
This page is information, not personal advice. CFDs use leverage, which magnifies losses as well as gains; most retail accounts lose money, and past results say nothing about future ones. Spread figures are the minimums or averages the brokers publish themselves and widen in fast markets.
Disclosure: eccrypto.com earns a commission when you open an account through some links. That does not change how we calculate costs, which our methodology explains.
Read next
We earn a commission on some links. It never changes the ranking — our method is published and the data is sourced.
Crypto is volatile and largely unregulated. CFDs are leveraged and most retail accounts lose money. Never risk money you cannot afford to lose.
Information only. This is not investment advice.