BrokersView April 2025 Swap Spread Review: Which Broker Offers the Best Swap Rates?

For swing and position traders, swap spreads—also known as overnight or rollover rates—can significantly impact trading profitability over time. These charges are incurred when traders hold positions overnight, and they vary widely among brokers. In this April 2025 review, we analyze the average swap spreads (USD/lot) for three major instruments—EUR/USD, GBP/USD, and XAU/USD—to help traders identify the most cost-efficient platforms.

Top Performers for Swap Efficiency

1. AUS Global

• EUR/USD: -0.93 USD/lot
• GBP/USD: -1.15 USD/lot
• XAU/USD: -17.80 USD/lot

AUS Global consistently delivers the lowest swap costs across all three instruments. The shallow negative swaps on EUR/USD and GBP/USD make it especially attractive for forex swing traders.

2. MH Markets

• EUR/USD: -2.56 USD/lot
• GBP/USD: -2.22 USD/lot
• XAU/USD: -10.86 USD/lot

3. Doo Prime

• EUR/USD: 0 USD/lot
• GBP/USD: 0 USD/lot
• XAU/USD: -21.78 USD/lot

Doo Prime offers zero swap on major forex pairs—rare in today’s market. While its gold swap is higher than AUS Global, it remains competitive for traders who mainly hold currency positions.

Avg Swap Rate Analysis for EUR/USD, GBP/USD, and XAU/USD

EUR/USD Avg Swap Rate Analysis

• Doo Prime：0 USD/lot
• AUS Global：-0.93 USD/lot
• MH Markets：-2.56 USD/lot
• DLSM：-2.63 USD/lot
• EBC Financial Group：-3.25 USD/lot

Brokers like WeTrade (-8.46) and Decode Global (-6.57) carry the highest EUR/USD swap costs, potentially eating into long-term profits.

GBP/USD Avg Swap Rate Analysis

• Doo Prime：0 USD/lot
• AUS Global：-1.15 USD/lot
• MH Markets：-2.22 USD/lot
• CWG MARKETS：-2.27 USD/lot
• ACY Securities：-2.56 USD/lot

WeTrade (-8.27) and Windsor Brokers (-6.80) offer some of the least favorable GBP/USD swap conditions.

XAU/USD Avg Swap Rate Analysis

• DLSM：-10.86 USD/lot
• Swissquote：-14.22 USD/lot
• CWG MARKETS：-14.49 USD/lot
• EBC Financial Group：-14.82 USD/lot
• Anzo Capital：-17.01 USD/lot

Despite being a top performer for forex swaps, Doo Prime (-21.78) and Decode Global (-21.81) rank below average for gold, while ThinkMarkets (-33.62) and ACY Securities (-30.76) have some of the most punitive gold swaps.

Conclusion

For traders holding positions overnight, swap spread optimization is crucial. Always verify if your broker offers swap-free accounts or rebates to further reduce trading costs. Based on April 2025 data: AUS Global and Doo Prime stand out as top choices for cost-conscious forex traders.

For more comprehensive evaluation data, please check the BV evaluation column.