Direct answer: what forex pairs have positive swap?
There is no single permanent list of “which forex pairs have positive swap” that works for every broker and every date. In general, a currency pair may show a positive swap (an overnight credit) when the interest-rate difference implied by the two currencies and the broker’s swap calculation makes the net result favorable to the account holder.
So, the practical answer is: check the swap rates provided by your own broker for the specific pair you trade, because the sign (positive or negative) is determined by broker-specific swap rules and can change.
How positive swap works for forex pairs
A forex position held past the broker’s rollover time can be affected by the “swap” or “overnight cost/credit.” The swap reflects differences in short-term interest rates between the two currencies in the pair, adjusted by the broker’s methodology.
Key terms:
- Swap / overnight cost: the debit or credit applied when a position is carried overnight.
- Positive swap: the broker applies a net credit to the account for that instrument and trade direction.
- Trade direction matters: the same currency pair can be positive for one direction and negative for the opposite direction, depending on how the broker defines the rate.
Because swap is tied to interest-rate conditions and broker policy, you cannot reliably infer the sign only from the pair name. Two brokers can publish different swap numbers, even if the underlying interest-rate logic is similar.
What to compare to identify pairs with positive swap
To independently determine which forex pairs have positive swap on your account, compare the broker’s published swap rates and apply these checks:
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Look at the pair and the direction Swap quotes are often shown separately for buying vs selling (or for long vs short). Confirm which side shows a positive figure.
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Use the broker’s rollover convention Brokers typically define a specific time when overnight swap is applied. Ensure you are looking at the correct “swap rollover” rates for the account.
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Check the currency of the swap value Swap can be expressed in points, account currency, or another unit depending on the platform. Verify the units to avoid misreading a small charge as a credit.
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Expect changes over time Interest-rate expectations and the broker’s swap calculation inputs can change. A pair that is positive today may become negative later.
An internal cross-check is to compare your account’s swap line items (or the platform’s instrument details) for a few commonly quoted pairs and both trade directions, rather than relying on generic pair lists.
Limitations and risks
- No universal list: the set of pairs with positive swap depends on the broker’s swap calculation and the direction of the trade.
- No real-time certainty: swap sign and size can change; without the broker’s current swap rates for your account, you cannot confirm today’s outcome.
- Broader costs may apply: swap is only one component of holding costs. Spreads, commissions, and other execution-related factors can still affect overall results.
- Verification is required: the only dependable way to know whether a specific pair has positive swap on your account is to read the swap rates your broker publishes for that pair and direction.
Practical next step
Use your broker’s instrument details page (or account settings) to find the swap rates for the exact currency pair and for both directions, and record which entries are positive for your account. This keeps your conclusion tied to verifiable, account-specific information rather than assumptions.