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Spreads, commissions and swaps

We use multiple liquidity providers from Tier 1 Banks and institutions to give you competitive quotes with low spreads and deep liquidity on a wide range of instruments. This allows us to offer razor sharp pricing and fast execution to all clients.

Our swap rates

What is a swap rate?

A swap rate is a rollover interest (that's earned or paid) for holding positions overnight. We simply make an interest adjustment to your account, which is either a debit or a credit, to reflect the cost of funding your position.

Daily swap charge / credit = (One point / exchange rate) x (Trade size [or notional amount] x tom next)

We source our tom next rates from a tier-one global investment bank. These are updated on a regular basis to account for the dynamic tom next market.

Note: Our Commodities metal swaps are also calculated in the same way

Daily swap charge / credit = (market closing price x Trade size x (our charge* +/- LIBOR)) / 365

*Our charge is 2.5%. If you’re long, you pay LIBOR (or the equivalent interbank rate). If you’re short, you receive it.

Daily swap charge / credit = (Trade size x (basis* +/- our charge**))

*Formula for the basis = (P3 – P2) / (T2 – T1), where:
P2 = price of front-month future
P3 = price of next-month future
T1 = expiry date of the previous front-month future
T2 = expiry date of the front-month future

**Our charge = CFD mid price x 2.5% / 365. If you pay the basis on your trade, our charge is added; if you receive the basis, the charge is deducted.

Daily swap charge / credit = market closing price x Trade size x (our charge* +/- LIBOR)) / 365

*Our charge is 2.5%. If you’re long, you pay LIBOR (or the equivalent interbank rate). If you’re short, you receive it.

Forex spreads and currency pairs

Our spreads are some of the best in the market. We feed pricing directly to our platforms from our liquidity providers - no intervention or dealing desk required. Find spreads as low as 0.0 pips on 14 major FX pairs when trading on our Razor account. We offer 60+ currency pairs so you can take advantage of all of the world's major markets.

Why trade forex with Dotfins

Once you start trading forex with Dotfins, you’ll see why we’re a market leader. We access multiple liquidity providers and external pricing sources to give you the best prices and competitive, low spreads when you trade with us.

Quality trading conditions

  • Tight spreads: Access great pricing from as low as 0.0 pips on our Razor account on the most highly traded currency pairs. Check out our pricing feeds direct from investment banks, with a list of Inter-bank spread averages.
  • Fast execution: Get into your trade when it counts and make the move you've been waiting for, with our average execution speeds of 25ms.
  • Control your risk: We offer up to 400:1 leverage which you can reduce at any time. Place stop loss orders for risk management with no restrictions.

A better experience

  • Award-winning customer service: Live chat, email and phone. We’re always by your side..
  • Reward your trading: Reduce your trading costs through our Active Trader program, exclusive for FX traders..
  • Control your risk: We offer up to 400:1 leverage which you can reduce at any time. Place stop loss orders for risk management with no restrictions.

Ready to trade?

It's quick and easy to get started. Apply in minutes with our simple application process.