Overnight swap

GBP/JPY swap rates, 84 brokers compared

Holding one lot of GBP/JPY overnight earns you $70.48 at InstaForex, and costs $7.65 at Otet Markets — a gap of $78.13 a night, or $28,517 over a year on a position you never close.

Best broker tonightInstaForex

Best swap+$70.48

Worst swap−$7.65

Brokers quoting84

Every broker's GBP/JPY swap, per lot per night

#	Broker	Regulator	Long	Short	Best side
1	InstaForex	Regulated	+$70.48	−$249.83	+$70.48 long
2	ZERO Markets	Regulated	+$10.38	−$18.87	+$10.38 long
3	CPT Markets	Regulated	+$9.46	−$12.69	+$9.46 long
4	xChief	Regulated	+$8.94	−$23.85	+$8.94 long
5	GO Markets	Regulated	+$8.90	−$17.45	+$8.90 long
6	YCM-Invest	Regulated	+$8.51	−$12.74	+$8.51 long
7	Scope Markets	Regulated	+$8.37	−$13.62	+$8.37 long
8	Swissquote Bank	Regulated	+$8.35	−$12.77	+$8.35 long
9	Dukascopy	Regulated	+$8.31	−$12.80	+$8.31 long
10	FP Markets	Regulated	+$7.77	−$15.63	+$7.77 long
11	MultiBank Group	Regulated	+$7.59	−$13.38	+$7.59 long
12	GBE brokers	Regulated	+$7.33	−$14.48	+$7.33 long
13	FXTRADING.com	Regulated	+$7.28	−$11.78	+$7.28 long
14	IC	Regulated	+$7.22	−$14.49	+$7.22 long
15	AMarkets	Offshore	+$7.11	−$13.97	+$7.11 long
16	Errante	Regulated	+$7.09	−$23.39	+$7.09 long
17	OneRoyal	Regulated	+$6.74	−$16.20	+$6.74 long
18	IronFX	Regulated	+$6.61	−$23.82	+$6.61 long
19	T4Trade	Offshore	+$6.61	−$23.82	+$6.61 long
20	Xlence	Undisclosed	+$6.61	−$23.82	+$6.61 long
21	Tio Markets	Regulated	+$6.59	−$16.09	+$6.59 long
22	Born2trade	Offshore	+$6.55	−$22.71	+$6.55 long
23	ActivTrades	Regulated	+$6.29	−$13.85	+$6.29 long
24	FXCC	Regulated	+$6.07	−$15.74	+$6.07 long
25	OEXN	Regulated	+$6.04	−$12.40	+$6.04 long
26	Darwinex	Regulated	+$5.92	−$13.34	+$5.92 long
27	CXM	Regulated	+$5.90	−$13.93	+$5.90 long
28	FXOpen Markets Limited	Regulated	+$5.83	−$17.05	+$5.83 long
29	DNA Markets	Undisclosed	+$5.71	−$15.45	+$5.71 long
30	Eightcap	Regulated	+$5.71	−$15.45	+$5.71 long
31	HYCM	Undisclosed	+$5.61	−$20.56	+$5.61 long
32	Trader's Way	Offshore	+$5.51	−$18.46	+$5.51 long
33	EBC Financial Group	Regulated	+$5.37	−$14.18	+$5.37 long
34	Pacific Financial Derivatives (PFD)	Regulated	+$5.35	−$16.68	+$5.35 long
35	ATFX	Regulated	+$5.32	−$15.39	+$5.32 long
36	Tickmill	Regulated	+$5.17	−$13.82	+$5.17 long
37	Fusion Markets	Regulated	+$5.13	−$14.63	+$5.13 long
38	Global Prime	Regulated	+$5.13	−$14.83	+$5.13 long
39	Advanced Markets	Regulated	+$5.03	−$16.24	+$5.03 long
40	TopFX	Regulated	+$5.03	−$15.10	+$5.03 long
41	Radex Markets	Offshore	+$4.99	−$17.90	+$4.99 long
42	LHFX	Regulated	+$4.98	−$18.15	+$4.98 long
43	Capital.com	Regulated	+$4.97	−$16.19	+$4.97 long
44	Markets4you	Offshore	+$4.96	−$14.32	+$4.96 long
45	FxPro	Regulated	+$4.78	−$22.91	+$4.78 long
46	MH Markets	Regulated	+$4.38	−$7.92	+$4.38 long
47	M4Markets	Regulated	+$4.32	−$22.40	+$4.32 long
48	Headway	Regulated	+$3.90	−$25.93	+$3.90 long
49	Tradeview Markets	Regulated	+$3.88	−$17.22	+$3.88 long
50	TitanFX	Offshore	+$3.83	−$13.53	+$3.83 long
51	Afterprime	Regulated	+$3.82	−$18.94	+$3.82 long
52	TradeTech Markets	Undisclosed	+$3.81	−$28.91	+$3.81 long
53	AvaTrade	Regulated	+$3.63	−$16.52	+$3.63 long
54	D Prime	Offshore	+$3.56	−$14.66	+$3.56 long
55	RannForex	Offshore	+$3.45	−$17.29	+$3.45 long
56	Spec Markets	Regulated	+$3.20	−$10.07	+$3.20 long
57	PU Prime	Regulated	+$3.18	−$13.46	+$3.18 long
58	FBS	Regulated	+$3.17	−$17.82	+$3.17 long
59	Deriv	Regulated	+$3.15	−$11.91	+$3.15 long
60	STARTRADER	Regulated	+$3.15	−$13.25	+$3.15 long
61	Ultima Markets	Regulated	+$3.15	−$13.25	+$3.15 long
62	VT Markets	Regulated	+$3.15	−$13.25	+$3.15 long
63	LiteForex	Regulated	+$2.85	−$24.22	+$2.85 long
64	Anzo Capital	Regulated	+$2.74	−$14.63	+$2.74 long
65	OQtima	Regulated	+$2.74	−$14.63	+$2.74 long
66	TMGM	Regulated	+$2.74	−$14.63	+$2.74 long
67	Blueberry	Regulated	+$2.58	−$14.63	+$2.58 long
68	Exclusive Markets	Offshore	+$2.58	−$22.03	+$2.58 long
69	XM Group	Regulated	+$1.95	−$25.49	+$1.95 long
70	Just2Trade	Regulated	+$1.61	−$19.35	+$1.61 long
71	Taurex	Regulated	+$1.14	−$13.41	+$1.14 long
72	PrimeXBT	Regulated	+$0.92	−$5.05	+$0.92 long
73	Pepperstone	Regulated	+$0.69	−$13.80	+$0.69 long
74	IFC Markets	Regulated	+$0.60	−$20.82	+$0.60 long
75	NCE	Offshore	−$2.35	+$0.32	+$0.32 short
76	EXNESS	Regulated	+$0.00	−$13.47	+$0.00 long
77	ELEV8	Offshore	−$0.06	−$2.71	−$0.06 long
78	Kitco Markets	Undisclosed	−$0.24	−$4.28	−$0.24 long
79	Alpari	Offshore	−$0.32	−$22.66	−$0.32 long
80	FXTM	Regulated	−$0.32	−$22.66	−$0.32 long
81	TradeQuo	Regulated	−$1.55	−$16.34	−$1.55 long
82	LMAX Group	Undisclosed	−$3.63	−$24.96	−$3.63 long
83	YWO	Regulated	−$6.29	−$6.04	−$6.04 short
84	Otet Markets	Offshore	−$7.65	−$20.57	−$7.65 long

What it costs to open a GBP/JPY trade

Spread and commission are paid once, when you enter — separate from the nightly swap above. Cheapest round turn: ZERO Markets at $5.63 on one lot.

Broker	Spread	Commission	Round turn
ZERO Markets	0.1 pips	$2.50/side	$5.63
FP Markets	0.1 pips	$2.50/side	$5.63
TradeQuo	1.1 pips	none	$6.92
Fusion Markets	0.4 pips	$2.25/side	$7.02
Tickmill	0.6 pips	$2.00/side	$7.78
IC	0.3 pips	$3.50/side	$8.89
TopFX	0.6 pips	$2.75/side	$9.28
Dukascopy	1.5 pips	none	$9.44
Alpari	1.0 pips	$1.60/side	$9.49
FXCC	1.6 pips	none	$10.07
TitanFX	1.6 pips	none	$10.07
ATFX	1.6 pips	none	$10.07
Blueberry	0.6 pips	$3.50/side	$10.78
Just2Trade	1.4 pips	$1.50/side	$11.81
Headway	1.4 pips	$1.50/side	$11.81
Spec Markets	0.9 pips	$3.50/side	$12.66
LiteForex	0.5 pips	$5.00/side	$13.15
Born2trade	1.3 pips	$2.50/side	$13.18
Errante	1.3 pips	$2.50/side	$13.18
STARTRADER	1.0 pips	$3.50/side	$13.29
EXNESS	2.2 pips	none	$13.84
GO Markets	1.5 pips	$2.50/side	$14.44
ActivTrades	2.3 pips	none	$14.47
CXM	1.3 pips	$4.00/side	$16.18
YWO	2.6 pips	none	$16.36
XM Group	1.1 pips	$5.00/side	$16.92
NCE	2.8 pips	none	$17.62
CPT Markets	3.1 pips	none	$19.51
EBC Financial Group	1.2 pips	$6.00/side	$19.55
FxPro	2.2 pips	$3.50/side	$20.84
VT Markets	2.7 pips	$3.00/side	$22.99
LHFX	3.9 pips	$3.00/side	$30.54
PU Prime	6.2 pips	$2.50/side	$44.02
PrimeXBT	7.7 pips	none	$48.46
ELEV8	18.7 pips	none	$117.68

Questions

What is the swap rate on GBP/JPY?

Tonight it ranges from +$70.48 at InstaForex to −$7.65 at Otet Markets, per standard lot held overnight. A positive figure means the broker pays you to hold; a negative one means it charges you. Swaps are set by each broker and change daily.

Which broker has the best GBP/JPY swap?

InstaForex, at +$70.48 per lot on the long side, out of the 84 brokers quoting GBP/JPY today.

When is the GBP/JPY swap charged?

At 17:00 New York time, which is 21:00 or 22:00 UTC depending on US daylight saving. Positions held through that moment are charged; positions opened and closed the same day are not. Wednesday is usually charged triple, to cover the weekend.

How much does holding GBP/JPY cost over a year?

On one lot at the current rate, +$25,726 at InstaForex against −$2,791 at Otet Markets — a $28,517 difference for the same trade.

Other pairs

Open GBP/JPY in the live comparison tool →

Figures from the snapshot taken 2026-08-24 20:25 UTC.