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	+$8.94	−$17.49	+$8.94 long
6	YCM-Invest	Regulated	+$8.56	−$12.96	+$8.56 long
7	Swissquote Bank	Regulated	+$8.42	−$12.68	+$8.42 long
8	Scope Markets	Regulated	+$8.37	−$13.62	+$8.37 long
9	Dukascopy	Regulated	+$8.31	−$12.79	+$8.31 long
10	FP Markets	Regulated	+$7.77	−$15.63	+$7.77 long
11	MultiBank Group	Regulated	+$7.34	−$13.04	+$7.34 long
12	FXTRADING.com	Regulated	+$7.28	−$11.78	+$7.28 long
13	GBE brokers	Regulated	+$7.27	−$14.32	+$7.27 long
14	IC	Regulated	+$7.22	−$14.52	+$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	Born2trade	Offshore	+$6.55	−$22.71	+$6.55 long
22	ActivTrades	Regulated	+$6.29	−$13.85	+$6.29 long
23	OEXN	Regulated	+$6.04	−$12.40	+$6.04 long
24	FXCC	Regulated	+$6.01	−$15.57	+$6.01 long
25	CXM	Regulated	+$5.90	−$13.93	+$5.90 long
26	FXOpen Markets Limited	Regulated	+$5.78	−$16.86	+$5.78 long
27	Darwinex	Regulated	+$5.73	−$13.15	+$5.73 long
28	DNA Markets	Undisclosed	+$5.71	−$15.45	+$5.71 long
29	Eightcap	Regulated	+$5.71	−$15.45	+$5.71 long
30	HYCM	Undisclosed	+$5.61	−$20.56	+$5.61 long
31	Trader's Way	Offshore	+$5.51	−$18.46	+$5.51 long
32	EBC Financial Group	Regulated	+$5.37	−$14.22	+$5.37 long
33	Pacific Financial Derivatives (PFD)	Regulated	+$5.35	−$16.68	+$5.35 long
34	ATFX	Regulated	+$5.32	−$15.39	+$5.32 long
35	Tickmill	Regulated	+$5.17	−$13.82	+$5.17 long
36	Fusion Markets	Regulated	+$5.13	−$14.63	+$5.13 long
37	Global Prime	Regulated	+$5.13	−$14.83	+$5.13 long
38	Tio Markets	Regulated	+$5.08	−$18.90	+$5.08 long
39	Advanced Markets	Regulated	+$5.03	−$16.24	+$5.03 long
40	TopFX	Regulated	+$5.03	−$15.10	+$5.03 long
41	Capital.com	Regulated	+$5.02	−$16.24	+$5.02 long
42	Radex Markets	Offshore	+$4.99	−$17.90	+$4.99 long
43	LHFX	Regulated	+$4.98	−$18.15	+$4.98 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	Tradeview Markets	Regulated	+$3.93	−$17.29	+$3.93 long
49	Headway	Regulated	+$3.90	−$25.93	+$3.90 long
50	TitanFX	Offshore	+$3.83	−$13.53	+$3.83 long
51	TradeTech Markets	Undisclosed	+$3.81	−$28.91	+$3.81 long
52	Afterprime	Regulated	+$3.78	−$19.02	+$3.78 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	+$3.42	−$17.37	+$3.42 long
56	Spec Markets	Regulated	+$3.20	−$10.07	+$3.20 long
57	PU Prime	Regulated	+$3.18	−$13.46	+$3.18 long
58	STARTRADER	Regulated	+$3.18	−$13.46	+$3.18 long
59	Ultima Markets	Regulated	+$3.18	−$13.46	+$3.18 long
60	VT Markets	Regulated	+$3.18	−$13.46	+$3.18 long
61	FBS	Regulated	+$3.17	−$17.82	+$3.17 long
62	Deriv	Regulated	+$3.15	−$11.91	+$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	+$1.60	−$19.14	+$1.60 long
71	Taurex	Regulated	+$1.13	−$13.29	+$1.13 long
72	PrimeXBT	Regulated	+$0.92	−$5.05	+$0.92 long
73	Pepperstone	Regulated	+$0.73	−$13.84	+$0.73 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: Tickmill at $5.26 on one lot.

Broker	Spread	Commission	Round turn
Tickmill	0.2 pips	$2.00/side	$5.26
Fusion Markets	0.7 pips	$2.25/side	$8.91
TradeQuo	1.5 pips	none	$9.44
ATFX	1.6 pips	none	$10.07
Dukascopy	1.6 pips	none	$10.07
TitanFX	1.6 pips	none	$10.07
TopFX	0.9 pips	$2.75/side	$11.16
Just2Trade	1.3 pips	$1.50/side	$11.18
IC	0.7 pips	$3.50/side	$11.41
Headway	1.4 pips	$1.50/side	$11.81
GO Markets	1.1 pips	$2.50/side	$11.92
FXCC	1.9 pips	none	$11.96
Errante	1.2 pips	$2.50/side	$12.55
Blueberry	0.9 pips	$3.50/side	$12.66
STARTRADER	0.9 pips	$3.50/side	$12.66
Alpari	1.6 pips	$1.60/side	$13.27
LiteForex	0.6 pips	$5.00/side	$13.78
Born2trade	1.4 pips	$2.50/side	$13.81
ActivTrades	2.2 pips	none	$13.84
Spec Markets	1.3 pips	$3.50/side	$15.18
CXM	1.2 pips	$4.00/side	$15.55
YWO	2.5 pips	none	$15.73
FxPro	1.5 pips	$3.50/side	$16.44
NCE	2.8 pips	none	$17.62
XM Group	1.4 pips	$5.00/side	$18.81
EBC Financial Group	1.3 pips	$6.00/side	$20.18
VT Markets	2.7 pips	$3.00/side	$22.99
CPT Markets	3.7 pips	none	$23.28
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 04:15 UTC.