This article explains the list and calculation of swap points for each brand based on the interest rate of currencies in iForex overseas FX trading. In this article, we will explain in detail the iFOREX swap point rules and precautions. In this article, we will introduce iFOREX swap points in a list for each stock.
What is swap point? What kind?
Swap points are points that are applied across days when investing and holding currency. This will result in a difference in interest rates, so either plus or minus points will be awarded. Therefore, especially when doing swing trading, you need to consider this swap point. This swap point occurs at any vendor. It also occurs in minor currencies, including the US dollar, Japanese yen, euro, pound, Swiss franc, and Canadian dollar. You can also check the official website.
iFOREX swap point list
iFOREX allows you to trade a large number of stocks and financial products. We have summarized swap point information for each category, including currency pairs, products, stock indexes, stocks, and virtual currencies. Displayed in Japanese yen.
currency pair swap points
Main currencies such as dollar yen are listed. Please note that there are other minor denominations such as the Turkish lira, the zloty, and the Mexican peso. If the lot is high, that amount will be incurred. A comparison table is provided depending on whether it is long or short.
| Buy | Sell | |
| CAD/JPY | -41 | -279 |
| GBP/JPY | -59 | -496 |
| GBP/USD | -904 | -356 |
| EUR/USD | -370 | -121 |
| EUR/USD | -1182 | -62 |
| USD/JPY | 176 | -631 |
| AUD/JPY | 87 | -365 |
| ADU/USD | -298 | -119 |
Swap points for commodities, precious metals and energy
Swap points also occur in precious metals and energy such as wheat, sugar, gasoline, natural gas, and cotton.
| BUY | SELL | |
| COCOA | -0.01729% | -0.01614% |
| GASOLINE | -0.01729% | -0.01614% |
| WTI | -0.01729% | -0.01614% |
| heating oil | -0.01729% | -0.01614% |
| CORN | -0.01729% | -0.01614% |
| palladium | -0.01729% | -0.01614% |
| coffee | -0.01729% | -0.01614% |
| brent crude oil | -0.01729% | -0.01614% |
| soy | -0.01729% | -0.01614% |
| Natural gas | -0.01729% | -0.01614% |
| wheat | -0.01729% | -0.01614% |
| sugar | -0.01729% | -0.01614% |
| cotton | -0.01729% | -0.01614% |
| Gold | -0.01729% | -0.01614% |
| Silver | -0.01729% | -0.01614% |
| copper | -0.01729% | -0.01614% |
Stock index swap points
| Buy | Sell | |
| FANG+ | -0.01000% | -0.01000% |
| USDX | -0.01000% | -0.01000% |
| VIX | -0.01000% | -0.01000% |
| india 50 | -0.01000% | -0.01000% |
| singapore 25 | -0.00972% | -0.01028% |
| switzerland 20 | -0.01043% | -0.00958% |
| Türkiye 100 | -0.05319% | 0.03931% |
| france 40 | -0.00996% | -0.01004% |
| Mexico 35 | -0.01796% | -0.01057% |
| europe 50 | -0.00996% | -0.01004% |
| China A50 | -0.01000% | -0.01000% |
| China SSE | -0.01472% | -0.00792% |
| Japan 225 | -0.01017% | -0.00983% |
| Japan 400 | -0.01017% | -0.00983% |
| US 2000 | -0.01000% | -0.01000% |
| US 30 | -0.01000% | -0.01000% |
| US 500 | -0.01000% | -0.01000% |
| Korea 200 | -0.01022% | -0.00978% |
stock swap points
| Buy | Sell | |
| ACI | -0.02850% | -0.02800% |
| ACS | -0.01525% | -0.01253% |
| Adyen | -0.02636% | -0.02364% |
| AIA | -0.01344% | -0.01433% |
| AIG | -0.02850% | -0.02800% |
| Allegro | -0.00608% | -0.02169% |
| AMD | -0.02850% | -0.02800% |
| ANZ | -0.01381% | -0.01397% |
Virtual currency swap points
In the case of virtual currencies, they tend to fluctuate more than exchange rates, so be careful of the unique points that will occur if you select Bitcoin, Litecoin, Bitcoin Cash, Ethereum, etc. Losses can also be large.
| Buy | Sell | |
| EOS | -0.06997% | -0.03503% |
| ETH | -0.06997% | -0.03503% |
| BTC | -0.05608% | -0.03503% |
| LTC | -0.06997% | -0.03503% |
| XRP | -0.13941% | -0.06892% |
How do I check my swap points?
You can check your swap points by logging into your My Page, viewing the settings, and viewing the currency pair transaction tag. Click on the currency pair you want to check the swap points for. A transaction tag will appear, and the amount will be listed in the overnight interest rate section of “Product Information.” By the way, the use of scalping and automated trading (EA) tools is prohibited.
Source : https://www.iforex.jpn.com/
About frequently asked questions
We have compiled a list of frequently asked questions for your reference. As shown above, those who trade on a daily basis for a long period of time have to think a lot in order to generate the profits they can receive depending on their objectives.
When are swap points awarded?
This basically depends on which stock or category, but it will be automatically added to your account at the following Japan time on the calendar. Some people seem to be living solely on dividends from overnight interest rate swaps.
- 夏時間：AM6:10（JST）
- 冬時間：AM7:10（JST）
How to calculate swap?
The calculation method for converting swap into Japanese yen is as follows. Officially, swap points are expressed as “%”, so to find the actual amount, you need to multiply by the transaction volume.
Swap = value of issue (Japanese yen) x overnight interest rate
iFOrex 公式から引用
Friday is 3x Points Day
Every Friday is triple swap point day. If you hold a negative swap, carrying over your position will result in a loss.
What is overnight interest rate?
Overnight interest rates are effectively swap points. iFOREX is written as an overnight interest rate rather than a swap point.
Can I withdraw the swap points themselves?
It is not possible to withdraw only swap points while holding a position. Swap points are reflected in your account when you close your position.
What will happen if the swap points are both denominated?
If you make both transactions in the same account, the margin will be offset and no margin will be required. Theoretically, there is no risk since you have buy and sell positions. However, it is dangerous because the spread may widen when the market price moves significantly.
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