Overnight swap

GBP/USD swap rates, 85 brokers compared

Holding one lot of GBP/USD overnight earns you $1.11 at VARIANSE, and costs $33.00 at InstaForex — a gap of $34.11 a night, or $12,450 over a year on a position you never close.

Best broker tonightVARIANSE

Best swap+$1.11

Worst swap−$33.00

Brokers quoting85

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

#	Broker	Regulator	Long	Short	Best side
1	VARIANSE	Regulated	−$6.35	+$1.11	+$1.11 short
2	NCE	Offshore	−$3.74	+$0.50	+$0.50 short
3	OneRoyal	Regulated	−$3.47	+$0.26	+$0.26 short
4	YCM-Invest	Regulated	+$0.00	−$0.23	+$0.00 long
5	YWO	Regulated	−$2.17	+$0.00	+$0.00 short
6	Advanced Markets	Regulated	−$0.40	−$0.70	−$0.40 long
7	CXM	Regulated	−$0.58	−$1.68	−$0.58 long
8	Pacific Financial Derivatives (PFD)	Regulated	−$2.80	−$1.00	−$1.00 short
9	MH Markets	Regulated	−$1.25	−$1.03	−$1.03 short
10	PU Prime	Regulated	−$1.25	−$1.03	−$1.03 short
11	STARTRADER	Regulated	−$1.25	−$1.03	−$1.03 short
12	Ultima Markets	Regulated	−$1.25	−$1.03	−$1.03 short
13	VT Markets	Regulated	−$1.25	−$1.03	−$1.03 short
14	PrimeXBT	Regulated	−$1.46	−$1.10	−$1.10 short
15	TopFX	Regulated	−$4.20	−$1.10	−$1.10 short
16	CPT Markets	Regulated	−$1.12	−$1.53	−$1.12 long
17	FBS	Regulated	−$2.91	−$1.15	−$1.15 short
18	EXNESS	Regulated	−$1.20	−$1.50	−$1.20 long
19	MultiBank Group	Regulated	−$1.81	−$1.37	−$1.37 short
20	Markets4you	Offshore	−$1.63	−$1.38	−$1.38 short
21	Taurex	Regulated	−$1.83	−$1.38	−$1.38 short
22	OEXN	Regulated	−$1.39	−$1.79	−$1.39 long
23	FP Markets	Regulated	−$2.63	−$1.53	−$1.53 short
24	FXOpen Markets Limited	Regulated	−$3.22	−$1.53	−$1.53 short
25	Kitco Markets	Undisclosed	−$1.56	−$4.82	−$1.56 long
26	ATFX	Regulated	−$1.61	−$1.84	−$1.61 long
27	TradeQuo	Regulated	−$1.68	−$2.86	−$1.68 long
28	GO Markets	Regulated	−$1.70	−$2.01	−$1.70 long
29	Fusion Markets	Regulated	−$1.83	−$2.14	−$1.83 long
30	LiteForex	Regulated	−$1.84	−$2.85	−$1.84 long
31	Deriv	Regulated	−$1.87	−$2.09	−$1.87 long
32	Tio Markets	Regulated	−$1.92	−$1.99	−$1.92 long
33	M4Markets	Regulated	−$1.97	−$2.12	−$1.97 long
34	Swissquote Bank	Regulated	−$1.98	−$2.20	−$1.98 long
35	Blueberry	Regulated	−$2.00	−$2.25	−$2.00 long
36	Headway	Regulated	−$3.26	−$2.02	−$2.02 short
37	Radex Markets	Offshore	−$2.05	−$2.20	−$2.05 long
38	Tickmill	Regulated	−$2.24	−$2.06	−$2.06 short
39	Anzo Capital	Regulated	−$2.18	−$2.09	−$2.09 short
40	OQtima	Regulated	−$2.18	−$2.09	−$2.09 short
41	TMGM	Regulated	−$2.18	−$2.09	−$2.09 short
42	Dukascopy	Regulated	−$2.12	−$2.36	−$2.12 long
43	Trader's Way	Offshore	−$2.25	−$2.50	−$2.25 long
44	Alpari	Offshore	−$2.29	−$2.48	−$2.29 long
45	Just2Trade	Regulated	−$2.29	−$2.57	−$2.29 long
46	FXTM	Regulated	−$2.29	−$2.48	−$2.29 long
47	DNA Markets	Undisclosed	−$2.34	−$2.83	−$2.34 long
48	Eightcap	Regulated	−$2.34	−$2.83	−$2.34 long
49	Spec Markets	Regulated	−$3.75	−$2.40	−$2.40 short
50	Pepperstone	Regulated	−$2.54	−$2.85	−$2.54 long
51	Scope Markets	Regulated	−$2.55	−$2.73	−$2.55 long
52	Errante	Regulated	−$2.58	−$3.50	−$2.58 long
53	ELEV8	Offshore	−$2.80	−$4.80	−$2.80 long
54	GBE brokers	Regulated	−$2.81	−$3.00	−$2.81 long
55	ZERO Markets	Regulated	−$3.10	−$2.90	−$2.90 short
56	TitanFX	Offshore	−$3.00	−$5.32	−$3.00 long
57	IFC Markets	Regulated	−$3.04	−$3.94	−$3.04 long
58	FxPro	Regulated	−$3.10	−$4.20	−$3.10 long
59	Otet Markets	Offshore	−$4.09	−$3.11	−$3.11 short
60	Afterprime	Regulated	−$3.18	−$4.23	−$3.18 long
61	EBC Financial Group	Regulated	−$3.24	−$3.42	−$3.24 long
62	FXTRADING.com	Regulated	−$5.28	−$3.37	−$3.37 short
63	Darwinex	Regulated	−$4.20	−$3.40	−$3.40 short
64	Global Prime	Regulated	−$3.40	−$3.56	−$3.40 long
65	ActivTrades	Regulated	−$3.70	−$3.70	−$3.70 long
66	XM Group	Regulated	−$3.70	−$4.10	−$3.70 long
67	AMarkets	Offshore	−$3.90	−$5.10	−$3.90 long
68	IC	Regulated	−$3.93	−$4.13	−$3.93 long
69	xChief	Regulated	−$5.70	−$4.30	−$4.30 short
70	RannForex	Offshore	−$4.33	−$4.69	−$4.33 long
71	IronFX	Regulated	−$4.40	−$4.80	−$4.40 long
72	T4Trade	Offshore	−$4.40	−$4.80	−$4.40 long
73	Xlence	Undisclosed	−$4.40	−$4.80	−$4.40 long
74	D Prime	Offshore	−$4.41	−$4.72	−$4.41 long
75	Exclusive Markets	Offshore	−$4.60	−$4.90	−$4.60 long
76	HYCM	Undisclosed	−$4.67	−$6.54	−$4.67 long
77	AvaTrade	Regulated	−$4.93	−$5.05	−$4.93 long
78	Tradeview Markets	Regulated	−$5.34	−$5.66	−$5.34 long
79	LHFX	Regulated	−$5.46	−$5.84	−$5.46 long
80	Capital.com	Regulated	−$5.52	−$5.71	−$5.52 long
81	FXCC	Regulated	−$5.81	−$6.00	−$5.81 long
82	Born2trade	Offshore	−$5.92	−$7.10	−$5.92 long
83	TradeTech Markets	Undisclosed	−$14.26	−$12.56	−$12.56 short
84	LMAX Group	Undisclosed	−$14.09	−$14.39	−$14.09 long
85	InstaForex	Regulated	−$55.00	−$33.00	−$33.00 short

What it costs to open a GBP/USD trade

Spread and commission are paid once, when you enter — separate from the nightly swap above. Cheapest round turn: TitanFX at $2.00 on one lot.

Broker	Spread	Commission	Round turn
TitanFX	0.2 pips	none	$2.00
FXCC	0.4 pips	none	$4.00
ATFX	0.5 pips	none	$5.00
Born2trade	0.1 pips	$2.50/side	$6.00
Just2Trade	0.3 pips	$1.50/side	$6.00
Dukascopy	0.7 pips	none	$7.00
FP Markets	0.2 pips	$2.50/side	$7.00
Alpari	0.4 pips	$1.60/side	$7.20
Blueberry	0.1 pips	$3.50/side	$8.00
TradeQuo	0.8 pips	none	$8.00
STARTRADER	0.1 pips	$3.50/side	$8.00
Spec Markets	0.1 pips	$3.50/side	$8.00
TopFX	0.3 pips	$2.75/side	$8.50
IC	0.2 pips	$3.50/side	$9.00
Headway	0.6 pips	$1.50/side	$9.00
YWO	0.9 pips	none	$9.00
Errante	0.6 pips	$2.50/side	$11.00
FxPro	0.6 pips	$3.50/side	$13.00
EBC Financial Group	0.1 pips	$6.00/side	$13.00
ActivTrades	1.3 pips	none	$13.00
CPT Markets	1.7 pips	none	$17.00
XM Group	1.1 pips	$5.00/side	$21.00
VT Markets	1.6 pips	$3.00/side	$22.00
LHFX	1.7 pips	$3.00/side	$23.00
PU Prime	2.6 pips	$2.50/side	$31.00
NCE	3.4 pips	none	$34.00
PrimeXBT	5.7 pips	none	$57.00
ELEV8	10.1 pips	none	$101.00

Questions

What is the swap rate on GBP/USD?

Tonight it ranges from +$1.11 at VARIANSE to −$33.00 at InstaForex, 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/USD swap?

VARIANSE, at +$1.11 per lot on the short side, out of the 85 brokers quoting GBP/USD today.

When is the GBP/USD 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/USD cost over a year?

On one lot at the current rate, +$405.15 at VARIANSE against −$12,045 at InstaForex — a $12,450 difference for the same trade.

Other pairs

Open GBP/USD in the live comparison tool →

Figures from the snapshot taken 2026-08-24 04:15 UTC.