Overnight swap
ZAR/JPY swap rates, 21 brokers compared
Holding one lot of ZAR/JPY overnight earns you $4.97 at TradeTech Markets, and costs $44.05 at InstaForex — a gap of $49.02 a night, or $17,893 over a year on a position you never close.
Every broker's ZAR/JPY swap, per lot per night
| # | Broker | Regulator | Long | Short | Best side |
|---|---|---|---|---|---|
| 1 | TradeTech Markets | Undisclosed | +$4.97 | −$14.91 | +$4.97 long |
| 2 | Just2Trade | Regulated | +$2.42 | −$4.31 | +$2.42 long |
| 3 | TradeQuo | Regulated | +$0.72 | −$1.49 | +$0.72 long |
| 4 | Dukascopy | Regulated | +$0.66 | −$0.94 | +$0.66 long |
| 5 | FXCC | Regulated | +$0.66 | −$1.26 | +$0.66 long |
| 6 | GBE brokers | Regulated | +$0.66 | −$1.26 | +$0.66 long |
| 7 | OneRoyal | Regulated | +$0.65 | −$11.67 | +$0.65 long |
| 8 | Advanced Markets | Regulated | +$0.39 | −$1.38 | +$0.39 long |
| 9 | Pepperstone | Regulated | +$0.39 | −$1.33 | +$0.39 long |
| 10 | Fusion Markets | Regulated | +$0.27 | −$1.51 | +$0.27 long |
| 11 | TitanFX | Offshore | +$0.26 | −$1.61 | +$0.26 long |
| 12 | Pacific Financial Derivatives (PFD) | Regulated | +$0.25 | −$2.04 | +$0.25 long |
| 13 | DNA Markets | Undisclosed | +$0.08 | −$1.66 | +$0.08 long |
| 14 | Eightcap | Regulated | +$0.08 | −$1.66 | +$0.08 long |
| 15 | EXNESS | Regulated | +$0.00 | −$12.02 | +$0.00 long |
| 16 | Otet Markets | Offshore | −$0.09 | −$0.18 | −$0.09 long |
| 17 | IronFX | Regulated | −$0.32 | −$1.20 | −$0.32 long |
| 18 | T4Trade | Offshore | −$0.32 | −$1.20 | −$0.32 long |
| 19 | Xlence | Undisclosed | −$0.32 | −$1.20 | −$0.32 long |
| 20 | Blueberry | Regulated | −$9.84 | −$117.21 | −$9.84 long |
| 21 | InstaForex | Regulated | −$44.05 | −$44.05 | −$44.05 long |
Questions
What is the swap rate on ZAR/JPY?
Tonight it ranges from +$4.97 at TradeTech Markets to −$44.05 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 ZAR/JPY swap?
TradeTech Markets, at +$4.97 per lot on the long side, out of the 21 brokers quoting ZAR/JPY today.
When is the ZAR/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 ZAR/JPY cost over a year?
On one lot at the current rate, +$1,814 at TradeTech Markets against −$16,079 at InstaForex — a $17,893 difference for the same trade.
Other pairs
Figures from the snapshot taken 2026-08-24 04:15 UTC.