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FX CFD Swap Example
If FX CFD position is held overnight in account (at 17:00 EST) it will be subjected to Swaps or rollover. Swaps or rollover can be cost or earning depends on the currency pair and long/short position. If bought currency of pair is higher interest yielding currency then position receives swaps. If bought currency of pair is lower interest yielding then position pays swaps.
CGS-CIMB CFD receives swap points from its liquidity providers and applies to account positions. Swap examples in table below are for illustration purpose only. Swaps rate changes every day to adjust for interest rate differential between 2 currencies.
| Currency Pair | Position held at 1700H EST | Long Swap rate | Short Swap rate | Swap received or paid |
| AUDUSD | Long 100,000 | 0.40 pips | -0.86 pips |
100,000 * 0.00004 Receives USD 4 |
| EURGBP | Long 100,000 | -0.27 pips | 0.153 pips |
100,000 * 0.000027 Pays GBP 2.70
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| USDJPY | Short 100,000 | 17 pips | -39.1 pips |
100,000 * 0.00391 Pays JPY 391
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| USDSGD* | Short 100,000 | -0.59 pips | -0.32 pips |
100,000 * 0.000032 Pays SGD 3.20
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| CHFJPY | Short 100,000 | -39.1 pips | 11.9 pips |
100,000 * 0.00119 Receives JPY 119 |