What are the current swap rates of ICMarkets? Table of Contents
- How IC Markets Defines Swap Rates
- When IC Markets Charges Triple Swap
- How IC Markets Displays Swap on MT4/MT5 vs cTrader
- The Rule That Controls Your Swap Cost
- What “Current Swap Rates” Means at IC Markets
- Current IC Markets Swap Rates for Forex Pairs
- Current IC Markets Swap Rates for Metals
- Current IC Markets Swap Rates for Indices
- Current IC Markets Swap Rates for Energies
- What Swap Rates Mean for Forex Trading Performance
- IC Markets Trading Costs, Commissions, and Fees
- The full cost of a Forex trade
- The pricing structure IC Markets uses
- Spreads and how they become a real cost
- Commissions on IC Markets
- Turning spread plus commission into one comparable number
- Currency conversion as a cost category
- Deposits, withdrawals, and payment-related fees
- Inactivity fees and account administration costs
- VPS-related costs
- Hidden costs that are not line-items
- Choosing the cost structure that fits your Forex style
- A practical cost checklist for Forex traders
Swap rates (also called rollover or overnight financing) are one of the most important “hidden” costs in Forex trading—especially if you hold positions past the daily trading cut-off. At IC Markets, swap is applied when a trade stays open into the next trading day, and it is shown separately for long (buy) and short (sell) positions.
Invest in Forex with ICMarkets
How IC Markets Defines Swap Rates
A Forex swap rate is the overnight interest credited or charged for keeping a position open overnight. At IC Markets, swap depends on:
- The instrument (each symbol has its own swap values)
- Whether the trade is long or short
- The platform’s swap specification format
- The number of nights the position is held
IC Markets also states two practical facts that matter to real trading:
- Some currency pairs can have negative swap on both long and short.
- Swap is shown per standard lot and is converted by the trading platform into your account base currency.
When IC Markets Charges Triple Swap
IC Markets applies triple swap on specific days to reflect weekend settlement conventions (you pay or receive extra swap on a single night rather than being charged every non-trading day).
IC Markets states:
- Wednesday night: triple swap for FX, Metals, Bonds, and Commodity CFDs
- Friday night: triple swap for Energies, Indices, and Cryptocurrencies
This is not a special promotion. It is how rollover is booked for those market groups.
Open an account with ICMarkets
How IC Markets Displays Swap on MT4/MT5 vs cTrader
IC Markets uses more than one platform, and the swap values are presented in platform-specific formats.
MetaTrader MT4 and MT5
IC Markets states that swap rates are calculated in points on MT4/MT5, and the terminal converts them automatically into the base currency of your trading account.
Practical meaning:
- You will see Swap Long and Swap Short as numeric values in the symbol specifications.
- Those figures apply per standard lot, per night, and scale with position size.
Invest in Forex with ICMarkets
cTrader
IC Markets publishes cTrader swap figures as Swap Long and Swap Short values for each symbol, shown in cTrader’s own format. The platform handles the conversion into your account currency in the way cTrader specifies for that instrument type.
Practical meaning:
- You still get two numbers: long and short.
- The sign matters more than the absolute format: negative is a cost, positive is a credit.
The Rule That Controls Your Swap Cost
At IC Markets, swap scales with:
- Volume in lots
- The symbol’s swap rate
- Number of nights held
IC Markets describes swap cost as a multiplication of those components, and that is exactly how you should model it in your trading plan: bigger lots and more nights mean larger swap impact.
Open an account with ICMarkets
What “Current Swap Rates” Means at IC Markets
Swap rates are not a fixed “fee schedule” like a platform subscription. IC Markets publishes the current swap values by symbol, and those values reflect the broker’s financing settings for each market at that time. The numbers differ by instrument and can be positive or negative depending on long vs short.
Current IC Markets Swap Rates for Forex Pairs
MT4/MT5 swap rates (points format)
These are the current published MT4/MT5 swap values for widely traded Forex pairs:
| Symbol | Swap Long | Swap Short |
|---|---|---|
| EURUSD | -8.730666667 | 2.866 |
| GBPUSD | -3.727666667 | -3.604333333 |
| USDCHF | 5.991 | -11.149 |
| USDCAD | 5.332 | -11.728 |
| AUDUSD | -3.861333333 | -2.498 |
| NZDUSD | -4.448 | 0.752 |
| EURGBP | -6.842 | 1.671333333 |
| EURCHF | 2.509 | -8.791 |
| EURAUD | -9.701 | 4.082333333 |
| EURCAD | -2.873666667 | -2.353666667 |
| EURNZD | -4.256 | -3.236 |
| GBPCHF | 6.258 | -16.952 |
| GBPAUD | -3.150333333 | -7.010333333 |
| GBPCAD | 3.784666667 | -13.49533333 |
| GBPNZD | 4.657 | -16.543 |
| AUDCAD | 1.712333333 | -5.107666667 |
| AUDCHF | 3.772 | -6.908 |
| AUDNZD | 2.214 | -6.466 |
| NZDCAD | -1.217 | -2.097 |
| NZDCHF | 1.434 | -4.366 |
| USDSGD | 4.969333333 | -12.19733333 |
| AUDSGD | 2.249333333 | -7.710666667 |
| CHFSGD | -11.139 | 1.821 |
| USDCNH | 24.5 | -59.96 |
Invest in Forex with ICMarkets
How to read this fast
- Negative swap = you pay overnight financing.
- Positive swap = you receive overnight financing.
- It is possible to see negative values on both sides for a pair (IC Markets explicitly states that can happen).
cTrader swap rates (cTrader format)
These are the current published cTrader swap values for the same core Forex symbols where available:
| Symbol | Swap Long | Swap Short |
|---|---|---|
| EURUSD | -0.87 | 0.29 |
| GBPUSD | -0.37 | -0.36 |
| USDCHF | 0.6 | -1.11 |
| USDCAD | 0.53 | -1.17 |
| AUDUSD | -0.39 | -0.25 |
| NZDUSD | -0.44 | 0.08 |
| EURGBP | -0.68 | 0.17 |
| EURCHF | 0.25 | -0.88 |
| EURAUD | -0.97 | 0.41 |
| EURCAD | -0.29 | -0.24 |
| EURNZD | -0.43 | -0.32 |
| GBPCHF | 0.63 | -1.7 |
| GBPAUD | -0.32 | -0.7 |
| GBPCAD | 0.38 | -1.35 |
| GBPNZD | 0.47 | -1.65 |
| AUDCAD | 0.17 | -0.51 |
| AUDCHF | 0.38 | -0.69 |
| AUDNZD | 0.22 | -0.65 |
| NZDCAD | -0.12 | -0.21 |
| NZDCHF | 0.14 | -0.44 |
| USDSGD | 0.5 | -1.22 |
| AUDSGD | 0.22 | -0.77 |
| CHFSGD | -1.11 | 0.18 |
| USDCNH | 2.45 | -6 |
Open an account with ICMarkets
What matters for Forex strategy
- If you hold trades overnight, swap can materially change the net outcome of a strategy—especially for multi-day swings, position trades, or carry-style approaches.
- If a pair has negative swap for the direction you trade most often, your “cost per day” rises even if spreads are tight.
Current IC Markets Swap Rates for Metals
Metals are often held for longer swings and macro-style trades, so swap can be a major cost component.
MT4/MT5 (points format)
| Symbol | Swap Long | Swap Short |
|---|---|---|
| XAUUSD | -59.68833333 | 47.74833333 |
| XAUEUR | -31.89510333 | 21.90623 |
| XAUAUD | -85.026 | 62.03733333 |
| XAUCHF | -12.3068 | -12.3068 |
| XAUGBP | -44.47553667 | 33.11709667 |
| XAGUSD | -13.87273333 | 7.351933333 |
| XAGEUR | -8.707866667 | 2.957466667 |
| XAGAUD | -19.90933333 | 9.275 |
Invest in Forex with ICMarkets
cTrader (cTrader format)
| Symbol | Swap Long | Swap Short |
|---|---|---|
| XAUUSD | -59.69 | 47.75 |
| XAUEUR | -31.9 | 21.91 |
| XAUAUD | -85.03 | 62.04 |
| XAUCHF | -12.31 | -12.31 |
| XAUGBP | -44.48 | 33.12 |
| XAGUSD | -1.39 | 0.74 |
| XAGEUR | -0.87 | 0.3 |
| XAGAUD | -1.99 | 0.93 |
Trading interpretation
- Gold (XAU) often shows large absolute swap values, so holding long positions overnight can become expensive if the long swap is negative.
- A metal can show negative swap on both sides (XAUCHF does), which means overnight holding is always a cost regardless of direction.
Open an account with ICMarkets
Current IC Markets Swap Rates for Indices
Indices swap matters most for traders who hold CFD index positions across multiple sessions.
MT4/MT5 (points format)
| Symbol | Swap Long | Swap Short |
|---|---|---|
| US500 | -1.613 | -0.052 |
| US30 | -11.323 | -0.365 |
| USTEC | -5.963 | -0.192 |
| US2000 | -0.589 | -0.019 |
| UK100 | -2.338 | -0.075 |
| STOXX50 | -1.045 | -0.36 |
| DE40 | -4.43 | -1.526 |
| JP225 | -7.303 | -4.997 |
| IT40 | 2.616 | 2.14 |
| AUS200 | -2.029 | -0.107 |
| ES35 | -3.128 | -1.078 |
| F40 | -1.475 | -0.508 |
| HK50 | -5.668 | -0.501 |
Invest in Forex with ICMarkets
cTrader (cTrader format)
| Symbol | Swap Long | Swap Short |
|---|---|---|
| US500 | -16.13 | -0.52 |
| US30 | -113.23 | -3.65 |
| USTEC | -59.63 | -1.92 |
| US2000 | -5.89 | -0.19 |
| UK100 | -23.38 | -0.75 |
| STOXX50 | -10.45 | -3.6 |
| DE40 | -44.3 | -15.26 |
| JP225 | -73.03 | -49.97 |
| IT40 | -26.16 | 21.4 |
| AUS200 | -20.29 | -1.07 |
| ES35 | -31.28 | -10.78 |
| F40 | -14.75 | -5.08 |
| HK50 | -56.68 | -5.01 |
Why index swap feels “bigger”
Index CFD swaps can appear large because index contracts are priced differently from Forex lots, and the swap model reflects the financing cost of holding exposure.
Open an account with ICMarkets
Current IC Markets Swap Rates for Energies
Energy CFDs often have triple swap on Friday night at IC Markets, which can make weekend holds more expensive.
MT4/MT5 (points format)
| Symbol | Swap Long | Swap Short |
|---|---|---|
| XBRUSD | 0.809 | -2.104 |
| XTIUSD | -0.102 | -0.945 |
| XNGUSD | 89.422 | -116.922 |
Invest in Forex with ICMarkets
cTrader (cTrader format)
| Symbol | Swap Long | Swap Short |
|---|---|---|
| XBRUSD | 0.81 | -2.1 |
| XTIUSD | -0.1 | -0.95 |
| XNGUSD | 8.94 | -11.69 |
What Swap Rates Mean for Forex Trading Performance
Swap impacts net profit and loss in a way many traders underestimate. Spreads and commissions are paid at entry/exit. Swap accumulates every night a position stays open.
Open an account with ICMarkets
Short-term Forex traders
Scalpers and intraday traders often avoid swap simply by closing before rollover. In that style, swap is usually not the main cost driver.
Swing and position Forex traders
If you hold positions for multiple nights, swap can become one of the largest ongoing costs, especially:
- When the swap is negative in the direction you hold most often
- When you hold large lot sizes
- When your strategy relies on small edge per trade but long holding periods
Invest in Forex with ICMarkets
Carry-style trading focuses on holding positions where swap is positive. At IC Markets, positive swap exists on some instruments and directions, and it is visible directly as a positive value in the swap table (for example, EURUSD short in both MT4/MT5 and cTrader tables shown above).
IC Markets Trading Costs, Commissions, and Fees
IC Markets trading costs come down to a small set of predictable line items. If you understand how each cost is charged, you can estimate your all-in Forex trading cost before you place a trade, compare account types cleanly, and avoid surprises that come from using the wrong pricing model for your style.
Open an account with ICMarkets
The full cost of a Forex trade
A Forex position has two cost layers:
- Trading costs charged by the broker through the price and execution model
- Account and payment costs linked to funding, withdrawals, and account administration
For most traders, the biggest day-to-day costs are:
- Spread (the bid/ask difference)
- Commission (charged on certain account types)
- Currency conversion cost (when your account currency differs from the instrument or from fees charged in another currency)
- Execution effects (slippage during fast markets)
Swaps are also a major cost for holding positions overnight, but this article focuses on other trading cost, commission and fees as requested.
The pricing structure IC Markets uses
IC Markets uses two main pricing models:
Invest in Forex with ICMarkets
Standard pricing
A Standard account is commission-free and prices your trading cost inside the spread. You pay a wider spread, but you do not calculate commission per lot.
Raw pricing
A Raw Spread account shows tighter “raw” pricing and then charges a separate commission. This is the structure many high-frequency Forex traders prefer because it makes the spread component smaller and separates transaction cost into a clear, measurable commission.
IC Markets applies these models across mainstream Forex trading platforms, including MetaTrader and cTrader.
Open an account with ICMarkets
Spreads and how they become a real cost
A spread is paid every time you open a trade because you enter at one side of the quote and can only exit at the other side. Spreads are measured in pips, and your cash cost per pip depends on your lot size and the pair you trade.
Raw Spread account spreads
IC Markets states the Raw Spread account offers spreads that can start from 0.0 pips and publishes an average EUR/USD spread figure for Raw pricing.
Invest in Forex with ICMarkets
Standard account spreads
On Standard pricing, IC Markets states the account is commission-free and the cost is carried in the spread. Under IC Markets (EU) Ltd, the Standard account is described as having a 0.8 pip mark-up above the raw inter-bank rate. Under IC Markets Global, the Standard account is described as having a 0.08 pip mark-up above the raw inter-bank rate. These are two distinct statements tied to different entities and materials, and both describe how Standard pricing is constructed.
What this means in practice: the Standard account is simpler to read because you see a single spread cost, while the Raw account is designed to minimize spread and move the cost into a transparent commission.
Commissions on IC Markets
Commissions apply to Raw pricing. Standard pricing is described as commission-free.
Open an account with ICMarkets
MetaTrader Raw Spread commission
IC Markets states a commission of $3.50 per lot per side on the Raw Spread account, which is $7 per standard lot round turn (open + close) when the account is USD-based.
IC Markets also publishes round-turn commission examples by account base currency (so the commission is shown directly in the account currency rather than forcing you to convert it yourself). A published set includes:
- AUD: 9.00 round turn
- USD: 7.00 round turn
- EUR: 6.50 round turn
- GBP: 5.50 round turn
- SGD: 9.50 round turn
- JPY: 1100.00 round turn
- CHF: 6.60 round turn
- NZD: 12.00 round turn
- HKD: 54.25 round turn
If you trade Forex actively, this detail matters because commission is charged per transaction. On a strategy that opens and closes often, commission becomes a dominant part of your cost.
cTrader Raw commission
IC Markets’ EU trading cost material describes cTrader commission as $3 per 100,000 USD traded per side (and the USD commission is converted to the base currency of the account at the current spot rate).
This is economically similar to a “per lot” commission for standard contract sizes, but it is expressed in a notional-based format (per 100,000) rather than in “lots” as a fixed ticket fee.
Invest in Forex with ICMarkets
Turning spread plus commission into one comparable number
To compare account types properly, convert everything into a single “all-in” cost.
For many major Forex pairs where USD is the quote currency (like EUR/USD), a standard lot (100,000 units) has a pip value of $10 per pip. That makes it easy to translate commission into pips:
- $7 round turn commission ÷ $10 per pip = 0.7 pips
- If the published average spread is 0.1 pips, then:
- 0.1 pips (spread) + 0.7 pips (commission) = 0.8 pips all-in for a round trip on a standard-lot EUR/USD trade using those published figures.
This is the cleanest way to compare:
- Standard account: spread-only cost
- Raw account: raw spread + commission cost
The important point is not the single number; it’s the method. Once you can convert commission into pips, you can compare any Forex broker pricing model objectively.
Currency conversion as a cost category
Currency conversion becomes a cost when the currency you use for your account differs from:
- the currency in which profit and loss is realized, or
- the currency in which certain costs and charges are denominated
IC Markets EU Key Information Documents describe currency conversion as a cost category tied to converting realized profit/loss and charges into the base currency of the trading account.
Open an account with ICMarkets
Separately, IC Markets EU trading cost material states that cTrader commissions charged in USD are converted to the account base currency at the current spot rate.
Practical takeaway for Forex traders:
- If your account base currency matches the currencies you most often trade and fund with, you reduce conversion-related friction.
- If your account currency differs, conversion applies when amounts need to be expressed in your account currency.
Deposits, withdrawals, and payment-related fees
Broker fees and banking-system fees are not the same thing. IC Markets’ own materials separate “what the broker charges” from “what the payment rails may charge.”
Invest in Forex with ICMarkets
IC Markets Global: deposits and withdrawals
IC Markets Global states it does not charge additional fees for deposits and/or withdrawals, while also stating that fees may occur at banking institutions and that IC Markets Global is not responsible for those external bank charges.
IC Markets Global also states that for international bank wire withdrawals, it passes through the transfer fees charged by its banking institution and describes those wire fees as approximately AUD 20 or currency equivalent, deducted from the withdrawal amount.
IC Markets EU: withdrawals
IC Markets EU’s deposits and withdrawals policy states the company does not charge additional fees for withdrawals, while noting that clients may incur fees on payments to and from some international banking institutions and that intermediary or beneficiary bank fees may apply.
What this means in real terms:
- The broker-side policy describes no extra deposit/withdraw fee from IC Markets itself.
- Bank transfers and some payment routes can still have banking-system costs that sit outside the broker’s fee schedule.
Open an account with ICMarkets
Inactivity fees and account administration costs
This is a key area where statements differ by entity and documentation, so it needs to be treated precisely.
IC Markets Global
IC Markets Global states that you are not charged account inactivity fees.
Invest in Forex with ICMarkets
IC Markets EU
IC Markets EU publishes an inactivity fee policy stating that if a trading account remains inactive for six consecutive months, IC Markets reserves the right to charge a monthly inactivity fee of 10 in the account currency per account, and the fee does not create a negative balance.
For Forex traders who keep accounts open but trade occasionally, the EU inactivity framework is a direct cost to account maintenance after the defined inactivity window, while the Global statement indicates no inactivity fees under that entity’s materials.
VPS-related costs
A VPS is not a trading fee by itself, but it becomes part of your total cost if you use automated Forex strategies, Expert Advisors, or if you want stable low-latency connectivity.
IC Markets Global publishes VPS materials stating that a sponsored VPS can be available free of charge if minimum monthly criteria are met, and that only trading volume in Forex and Metals counts toward meeting the minimum requirement for the sponsored VPS service. It also states that if the minimum criteria are not met for two consecutive months, the subscription can be canceled.
The cost implication is straightforward:
- Meet the broker’s minimum activity requirement: VPS cost can be reduced to zero under the sponsored arrangement.
- Do not meet it: you lose the sponsored access and the VPS becomes an external service decision.
Open an account with ICMarkets
Hidden costs that are not line items
Even when a Forex broker has simple commissions and clear spreads, some costs appear through trading conditions rather than through a fee table.
Spread widening
Raw spreads are variable. During low liquidity or high volatility, spreads can widen. That increases your effective transaction cost even if your commission stays fixed.
Invest in Forex with ICMarkets
Slippage and execution price
If the market moves between the time you submit and the time your order is filled, you can receive a different price. This can be favorable or unfavorable, but it is still part of your real cost of trading because it changes your effective entry and exit.
Stop-loss execution during fast markets
Stops are executed based on market conditions. In fast moves, the fill can differ from the exact stop price, and that difference changes trade PnL.
These are not “fees” in the sense of a broker charge, but they are real trading frictions that matter for short-term Forex strategies.
Open an account with ICMarkets
Choosing the cost structure that fits your Forex style
A pricing model is only “cheap” when it matches the way you trade.
When Standard pricing fits
- You want simple, spread-only pricing
- You trade less frequently
- You prefer not to calculate commission per lot
Invest in Forex with ICMarkets
When Raw pricing fits
- You scalp or trade frequently
- You run EAs or systematic strategies
- You want a smaller spread component and a transparent commission
- You compare brokers using all-in cost per lot
If you trade actively, Raw pricing often makes your cost easier to measure because commission is fixed per transaction size and the spread is closer to market pricing.
A practical cost checklist for Forex traders
Use this checklist to understand your total IC Markets cost stack:
- Account type
- Standard: spread-only cost
- Raw: raw spread + commission
- Platform
- MetaTrader: per-lot commission format
- cTrader: notional-based commission format
- Trading size
- Larger lots amplify spread cost and make commission-to-pip conversion more important
- Account base currency
- Impacts how commission and PnL are expressed and when conversion applies
- Funding route
- Broker may charge no extra deposit/withdraw fees, but bank wire routes can carry transfer fees and intermediary bank costs
- Inactivity rules
- Global materials state no inactivity fee
- EU materials state a monthly inactivity fee after prolonged inactivity
- VPS usage
- Sponsored VPS is conditional on meeting defined trading-activity criteria
Open an account with ICMarkets
IC Markets’ cost structure is built around two pricing options:
- A commission-free Standard model where trading cost is carried in the spread
- A Raw model where spreads are tighter and a clear commission is charged per trade size
Beyond spreads and commission, the most important “other” costs are:
- currency conversion when amounts must be expressed in your account base currency
- withdrawal route fees in the banking system (especially international wire transfer pass-through fees under Global materials)
- inactivity fees under the EU entity’s published policy
- VPS access costs when you do not meet sponsored criteria
For Forex traders, this is the framework that determines whether your net trading performance reflects your strategy—or gets eroded by avoidable transaction and account costs.
Updated by FXBonus
Please check IC Markets official website or contact the customer support with regard to the latest information and more accurate details.
Please click "Introduction of IC Markets", if you want to know the details and the company information of IC Markets.
Deriv 
AdroFX 
FXGlory 
XM 
FXPRIMUS 
