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Swap Rates

Swap rates at Icon FX is the interest paid or received for holding positions overnight. This varies on the financial instrument and market conditions.

What is a Swap Rate?

When a retail trader holds a position overnight, they may either receive or pay a swap rate, depending on the interest rate differential between the two currencies being traded. You can check our live swap rates on our trading platform.

Dive into Swaps at Icon FX

Swaps are applied automatically to open positions
Each assets swap fee is measured in the standard size of one lot
Swaps can be both positive or negative on both long and short positions
Swaps are calculated at 10:00PM (GMT)
Thursday and Friday swaps are calculated and charged on Wednesday nights
The swap is only applied when the position is held until the next FX trading day

See Our Swap Rates

You can access our real-time swap rates through our platforms. Simply follow the steps below on your trading platform once logged in:
1

Step 1

Right click on a product in the 'Market Watch' window and select 'Symbols'
2

Step 2

Select the product from the list and then select 'Properties'
3

Step 3

Swap rates for both long and short positions will appear in the window

Flexible Trading Conditions at Icon FX

Margin and leverage are fundamental components of forex trading, enabling traders to increase their market exposure and potential profits while effectively managing their capital.

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Open an account in 3 minutes and receive your login details instantly.
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This website is operated jointly by Icon Tech LLC and MYFX GROUP LIMITED.
Here at Icon FX we want to expand our positive influence beyond the financial sector. That’s why when you trade with Icon FX we commit a portion of our revenue to supporting world-leading projects like Ocean-Bound Plastic Clean-up and Mangrove Tree Planting. See more info here https://verdn.com/
Risk Warning: Trading Contracts for Difference (CFDs) on margin carries significant risks and may not be suitable for all investors. CFDs are complex instruments and involve leverage, which can work both to your advantage and disadvantage. Before trading, you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment, so you should not invest money that you cannot afford to lose.
Be aware of all the risks associated with CFD trading and seek advice from an independent financial advisor if you have any doubts. A demo account allows you to practice trading strategies in a simulated environment without financial risk. Please note, however, that results achieved on a demo account are hypothetical and do not reflect actual market conditions or execution.

A Disclosure Document is available here, along with information about our services, including fees and charges.
Legal Information: Icon Tech LLC, which operates under the tradename ‘’IconFX’’, is a limited company registered under the laws of St. Vincent and the Grenadines, with registration number 3251 and its registered address at James Street, First St. Vincent Bank Building, 1st Floor, Kingston, Saint Vincent and the Grenadines, VC01000.
MYFX GROUP LIMITED, which also operates under the tradename “IconFX,” is a company incorporated in Seychelles under incorporation number 8435863-1, with its registered office at IMAD Complex, Office 12, 3rd Floor, Ile Du Port, Mahé, Seychelles. The company is authorized and regulated by the Financial Services Authority of Seychelles under License Number SD202.
Icon Tech LLC has awarded MYFX GROUP LIMITED the rights to use and operate this website https://iconfx.com/ which is jointly operated by Icon Tech LLC and MYFX Group Limited. MYFX GROUP LIMITED also operates under the domain www.myfxmarkets.com.

Restricted Jurisdictions : Client onboarding will be carried out in line with the business focus and regulatory framework of each company. The above entities do not provide services to residents or citizens of certain jurisdictions, including, but not limited to: the United States, Australia, Canada, Japan, the European Union, the Islamic Republic of Iran, North Korea, Belize, and Russia.

Additional restrictions may apply to persons located in or associated with: 
Albania, Barbados, Burkina Faso, Cambodia, Cayman Islands, Haiti, Jamaica, Malta, Mauritius, Myanmar, Nicaragua, Panama, Senegal, South Sudan, Syria, Yemen, and Zimbabwe.