The swap fee, also known as the overnight holding fee, is a payment that is applied if you hold a position overnight.
CFD positions held open overnight incur a small commission, proportional to the value of the position. This is essentially an interest payment to cover the cost of leverage that you use overnight.
Swaps are the industry standard and reflect the forces of supply and demand that govern the market.
These fees vary depending on the direction of the position (BUY or SELL). In some cases, you can get your money back: a nightly refund.
With the exception of crypto assets, swap/swap holding fees are not accounted for/credited on Saturdays and Sundays. Rates for Saturday and Sunday will be credited weekly, including regular payment multiplied by 3 (weekend fee/refund).
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2. When is the overnight stay charged?
Nightly charges are charged at 17:00 New York Time. These fees will be applied to any position opened at this time.
3. How can I view the nightly rate plan?
The exact commission will be displayed at the bottom of the position opening confirmation window before making the trade when opening a position. You can see a list of the fees that eToro charges on the pricing plan page on the eToro website.
4. Are stocks, cryptocurrencies and ETFs charged overnight?
eToro only charges overnight for CFDs and margin trading. Currently, eToro does not charge an overnight fee for leverageless BUY positions in stocks, crypto assets and ETFs.
5. How is the room rate calculated?
This formula is different for each asset class. Commissions are calculated based on market conditions and may vary from day to day. The rate will be applied until the following calculation.
6. How can I see the amount paid/received?
Fees and refunds can be viewed on your bank statement, in the category of the History page, and on the transaction summary screen.
7. Does eToro charge an overnight fee for positions or account balances?
For manual trades, eToro charges an overnight fee to your account balance. For copied positions, fees will be calculated based on the available copy balance.
8. What if I don’t have enough money in my account balance?
If you don’t have enough funds, your account will have a negative balance.
9. Is the room rate subject to change?
Yes. As market conditions change, eToro will assess whether swaps are necessary. A full list of fees is available on eToro’s pricing plan page.
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eToro is a multi-asset platform that offers both investments in stocks and cryptoassets, as well as CFD trading.
Please note that CFDs are complex instruments and carry a high risk of losing money quickly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Past performance is not indicative of future results. The trading history presented is less than 5 full years and may not be sufficient as a basis for the investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorized and regulated by the Cyprus Securities and Exchange Commission.
Investing in cryptocurrencies is not regulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
eToro USA LLC does not offer CFDs and makes no representations and assumes no responsibility for the accuracy or completeness of the content of this publication, which has been prepared by our partner using specific non-legal information publicly available on eToro.
