Swaps
Completely Swap-Free Trading
At RYOEX, no swap points (overnight interest) are applied to any trading product.
You will never pay or receive interest when holding positions overnight.
Whether trading short-term or long-term, you can manage trading costs with confidence.
What Are Swaps?
Swaps are interest adjustments applied when a position is held overnight.
Buying a high-interest currency and selling a low-interest currency
→ You receive the interest differential as profit.
Example: Buying Australian Dollars (AUD) and selling Japanese Yen (JPY) can earn a small daily interest-like return.
Japanese Yen (JPY) Interest rate: 0.50%
Sell (0.50% paid)
Australian Dollar (AUD) Interest rate: 3.60%
Buy (3.60% received)
Buying a low-interest currency and selling a high-interest currency
→ You pay the interest differential as a cost.
Example: Buying Japanese Yen (JPY) and selling Australian Dollars (AUD) will result in a daily cost.
Australian Dollar (AUD) Interest rate: 3.60%
Buy (3.60% received)
Japanese Yen (JPY) Interest rate: 0.50%
Sell (0.50% paid)
*Interest rates as of December 2025. Fees are excluded for simplicity.
While swap points may seem like “bank interest” that adds profit, in practice, costs are incurred more
often than profits.
Additionally, holding positions over the weekend may result in triple swap charges on Wednesday, meaning
long-term positions can incur unexpected costs.
RYOEX is Fully Swap-Free
Trade in a transparent and fair environment, focusing purely on price movements.
Clear and Predictable Costs
No swap fluctuations, so trading costs are always easy to calculate.
No Hidden Costs
No accumulating interest charges, allowing you to retain your full profits.
Maximum Strategic Freedom
Trade on the same conditions for both short-term and long-term strategies, for all types of traders.
Benefits of Swap-Free
(Comparison with Other Brokers)
| Feature | Typical Brokers | RYOEX |
|---|---|---|
| Swaps |
Applied (receive or pay) – includes triple swaps on Wednesdays |
None – fully swap-free |
| Cost for Long-Term Positions | Costs accumulate daily |
Costs remain consistent regardless of holding period |
| Impact on Trading Strategy |
Positions may need adjustment considering interest rate differentials |
Trade freely across all currency pairs without restrictions |
| Transparency | Rules vary by broker and are often unclear | Clear and uniform rules across all products |
Frequently Asked Questions About RYOEX Swaps
You will never pay or receive swaps, regardless of the currency pair or product, the position size, or whether you hold positions overnight.
While you won’t earn swap interest, you also eliminate swap-related risks.
For many traders, being swap-free makes costs more predictable and strategies easier to plan.
All trading products are fully swap-free.
This applies not only to FX but also to precious metals, energy, stock indices, and cryptocurrencies.
Traders at any level can trade under the same transparent conditions.
This ensures a fair and transparent trading environment compliant with Sharia law, so traders avoiding interest (Riba) for religious reasons can trade with confidence.
Simplify Your Trading
Enjoy first-class trading environment and services at RYOEX.