Trade up today - join thousands of traders who choose a mobile-first broker.
Deepen your knowledge of technical analysis indicators and hone your skills as a trader.
Boost your knowledge with our live, interactive webinars delivered by industry experts.
From beginners to experts, all traders need to know a wide range of technical terms. Let us be your guide.
No matter your experience level, download our free trading guides and develop your skills.
Trade smarter: boost your skills with our training resources.
All the latest market news, with regular insights and analysis from our in-house experts
Make sure you are ahead of every market move with our constantly updated economic calendar.
Harness past market data to forecast price direction and anticipate market moves.
Engaging, in-depth macroeconomic analysis and expert educational content from our in-house analysts
Harness the market intelligence you need to build your trading strategies.
Check out our sponsorships with global institutions and athletes, built on shared values of excellence.
Find out more about ThinkMarkets, an established, multi-award winning global broker you can trust.
Discover a range of rewarding career possibilities across the globe
Keep up to date with our latest company news and announcements
When it comes to the speed we execute your trades, no expense is spared. Find out more.
Our multilingual support team is here for you 24/7.
Global presence, local expertise - find out what sets us apart.
Join thousands of traders who choose a mobile-first broker for trading the markets.
Get $25,000 of virtual funds and prove your skills in real market conditions.
Browse through the details below on our currency swap rates. Find out what they are and how and when they are calculated with examples.
Swap rates are the interest rate differentials embedded in currency trades.
To put it more simply, consider how a currency trade works: you borrow one currency to buy another. For instance, if you are buying EUR/USD, you are borrowing US dollars and buying euros with the proceeds. In doing so, you are paying interest on the US dollars you borrow, but earning interest on the euros you bought.
Our swap rates are visible on all our platforms, by following these simple steps:
1) Click 'View' along the top menu
2) Select 'Symbols'
3) Select which currency pair you want to see the swaps for, and click 'Properties'
4) You can now see the long and short swap rates in the pop-up window
Swap debits/credits are calculated as follows:
Current long/short rate * number of lots = swap debit/credit in second currency
Your account currency is AUD and you hold one lot long on AUD/USD on 5 February 2015:
+4.96 * 1 = $.4.96, converted to your account currency = A$6.35
Account currency is USD, you hold 2.5 lots short of EUR/GBP on 5 February 2015:
-1.08 * 2.5 = -£2.70, converted to USD = -$4.13
Our swap rates are calculated each day at 4.59pm New York time/11.59pm MT4 platform time (GMT+2). Trades that have been opened before 4.59pm and held open past this time will be subject to swap rates. Swap rates are tripled on Wednesday at 4.59pm to account for weekends. Please note that this is the standard structure of swaps – however, on weeks where there are holidays, the swap rate structure may be modified to account for the holiday.
Margin call policy: The forced liquidation level is 50%. Please review the ThinkForex Margin Call Policy for complete deatils.