CFD Swap Charts

What is CFD Swap?

The Swap Rate is the interest paid or earned for holding a position overnight. Each CFD has an interest rate associated with it, and every trade involves two different interest rates. The Swap Rate can add a significant extra cost or profit to your trade. The trading platform automatically calculates Swaps for you.

Swap charges are released daily by the financial institutions we work with and are calculated based on risk-management analysis and market conditions. Each CFD has its own swap charge. Swap rates posted on our website are indicative rates and are subject to change based upon market volatility.

When is Swap booked?

22:01 GMT is considered the nominal beginning and end of the trading day. Any positions that are open before or at 22:01 GMT sharp are considered to be held overnight, and are subject to swap. A position opened at 22:02 GMT is not subject to swap until the next day, while a position opened at 22:00 GMT is subject to swap at 22:01 GMT. Please note that all open positions at the close of business on Wednesday at 21:00 GMT or 22:00 GMT (Taking into account Daylight Savings observance) incur a three-day swap debit/credit, and bank holidays will affect the number of days that a position is rolled forward. The above Trading Hours are for US Daylight Savings Time “On”. Bacera’s Trading Hours may change to reflect the observance of Daylight Savings time in the United States.



Forex CFD Swap

Each currency has an interest rate associated with it, and because Forex is traded in pairs, every trade involves not only two different currencies, but their two different interest rates. If the interest rate on the currency you bought is higher than the interest rate of the currency you sold, then you will earn rollover (positive rate). If the interest rate on the currency you bought is lower than the interest rate on the currency you sold, then you will pay rollover (negative rate).

For example if you buy an AUD/USD contract, and the interbank interest rates are higher in Australia than in the US, then you may receive a swap fee. On the other hand, if the interest rates are higher in the US, then you may have to pay a swap fee. Compared to the profits and losses of a trade, the swap fee is a relatively small amount.



Precious Metals CFD Swap

All open Precious Metal positions are rolled to the next trading day. Depending on whether you are long (buy) or short (sell), you will either be debited or credited swap interest on a daily basis. Any Swap Fees debited or credited will be updated daily.

Please note that all open positions at the close of business on Wednesday at 21:00 GMT or 22:00 GMT (depending on Daylight Savings observance) incur a three-day swap debit/credit, and bank holidays will affect the number of days that a position is rolled forward. Bacera’s Trading Hours may change to reflect the observance of Daylight Savings time in the United States.

Spot Index CFD Swap

All open Spot Index CFD positions are rolled to the next trading day. Depending on whether you are long (buy) or short (sell), you will either be debited or credited swap interest on a daily basis. Any Swap Fees debited or credited will be updated daily.

Please note that all open positions at the close of business on Wednesday at 21:00 GMT or 22:00 GMT (depending on Daylight Savings observance) incur a three-day swap debit/credit, and bank holidays will affect the number of days that a position is rolled forward. Bacera’s Trading Hours may change to reflect the observance of Daylight Savings time in the United States.

Share CFD Swap

All Share CFDs will remain open until such time the client closes the position(s) or there is insufficient Maintenance Margin in the client's account to support the open position. In this instance the open position(s) will be automatically liquidated by Bacera.



US Crude Oil CFD Expiration Dates 2017

Contract Month Expiration Dates


Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Dec
19th
Jan
19th
Feb
20th
Mar
20th
Apr
19th
May
19th
Jun
19th
Jul
19th
Aug
21th
Sep
19th
Oct
19th
Nov
17th

Natural Gas CFD Expiration Dates 2017

Contract Month Expiration Dates


Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Dec
27th
Jan
26th
Feb
23th
Mar
28th
Apr
25th
May
25th
Jun
27th
Jul
26th
Aug
28th
Sep
26th
Oct
26th
Nov
27th

Copper CFD Expiration Dates 2017

Contract Month Expiration Dates


Mar May Jul Sep Dec
Feb
22th
Apr
27th
Jun
29th
Aug
30th
Nov
29th

Corn & Wheat CFD Expiration Dates 2017

Contract Month Expiration Dates


Mar May Jul Sep Dec
Feb
27th
Apr
27th
Jun
29th
Aug
30th
Nov
29th

Soybean CFD Expiration Dates 2017

Contract Month Expiration Dates


Mar May Jul Aug Sep Nov
Feb
27th
Apr
27th
Jun
29th
Jul
28th
Aug
30th
Oct
30th

In order to avoid price volatility, Bacera's Expiration Date may not coincide with expiration dates of physical exchanges.




S&P 500 | Start Trading Dates

H = March | M = June | U = September | Z = December

#ESZ6 #ESH7 #ESM7 #ESU7 #ESZ7
Mar 14th 2016 Dec 14th 2016 Mar 15th 2017 Jun 14th 2017 Sep 13th 2017

S&P 500 | Forced Closing of All Open Positions

H = March | M = June | U = September | Z = December

#ESZ6 #ESH7 #ESM7 #ESU7 #ESZ7
Dec 14th 2016 Mar 15th 2017 Jun 14th 2017 Sep 13th 2017 Dec 13th 2017

NASDAQ 100 | Start Trading Dates

H = March | M = June | U = September | Z = December

#NQZ6 #NQH7 #NQM7 #NQU7 #NQZ7
Sep 14th 2016 Dec 14th 2016 Mar 15th 2017 Jun 14th 2017 Sep 13th 2017

NASDAQ 100 | Forced Closing of All Open Positions

H = March | M = June | U = September | Z = December

#NQZ6 #NQH7 #NQM7 #NQU7 #NQZ7
Dec 14th 2016 Mar 15th 2017 Jun 14th 2017 Sep 13th 2017 Dec 13th 2017

Dow Jones (Mini) | Start Trading Dates

H = March | M = June | U = September | Z = December

#YMZ6 #YMH7 #YMM7 #YMU7 #YMZ7
Sep 14th 2016 Dec 14th 2016 Mar 15th 2017 Jun 14th 2017 Sep 13th 2017

Dow Jones (Mini) | Forced Closing of All Open Positions

H = March | M = June | U = September | Z = December

#YMZ6 #YMH7 #YMM7 #YMU7 #YMZ7
Dec 14th 2016 Mar 15th 2017 Jun 14th 2017 Sep 13th 2017 Dec 13th 2017

Nikkei 225 | Start Trading Dates

H = March | M = June | U = September | Z = December

#NKDZ6 #NKDH7 #NKDM7 #NKDU7 #NKDZ7
Sep 6th 2016 Dec 6th 2016 Mar 7th 2017 Jun 6th 2017 Sep 5th 2017

Nikkei 225 | Forced Closing of All Open Positions

H = March | M = June | U = September | Z = December

#NKDZ6 #NKDH7 #NKDM7 #NKDU7 #NKDZ7
Dec 6th 2016 Mar 7th 2017 Jun 6th 2017 Sep 5th 2017 Dec 5th 2017

How to check swap rate on ProTrader?

A few clicks to check swap rates

  • Right-click on the Market Watch panel
  • Click "Symbols"
  • Click to expand product group(s)
  • Select a product
  • Click "Properties"
  • Scroll down to the Swap section