Costs & Charges
Wisuno Offering Low Swap Fees
Understanding costs and charges helps traders make informed decisions, choose the right broker, and manage their trading expenses effectively.
Our spreads
Wisuno Offers Competitive Floating Spreads
Spread: When trading CFDs, you must pay the spread, which is the difference between the buy and sell price. You enter a buy trade using the buy price quoted and exit using the sell price. The narrower the spread, the less the price needs to move in your favour before you start to make a profit, or if the price moves against you, a loss. We offer consistently competitive spreads.
Benefits
Understanding Swap Rates & Overnight Interest
Foreign exchange overnight interest refers to the overnight interest that needs to be paid or charged for holding the position overnight. In the case of foreign exchange, the amount depends on the long or short position, plus the difference in interest rates between the currency pairs. Overnight interest is based on an overnight interest contract.
What Are Swap Rates?
Swap rates, also known as rollover or overnight interest, are charges or credits applied when you hold forex positions overnight beyond 5:00 PM EST. These rates reflect the interest rate differential between the two currencies in your trading pair. Depending on your position direction, you may earn interest (positive swap) or pay interest (negative swap).
How Wisuno Calculates Swaps
Wisuno applies swap rates transparently based on real-time interbank interest rate differentials and our liquidity providers' pricing. Swaps are calculated at 5:00 PM EST daily and triple swaps are applied on Wednesdays to account for weekend rollover. You can view exact swap rates for every instrument in our trading conditions tables or directly in your MT5 platform.
Managing Overnight Costs Effectively
Understanding swap rates helps you optimize trading costs for medium- and long-term positions. For intraday traders closing positions before 5:00 PM EST, swap charges don't apply. Swing traders and position traders should factor swap costs into their overall strategy, choosing currency pairs with favorable swap rates for their position direction.
Swap-Free Trading Available
For traders who prefer to avoid overnight interest entirely, Wisuno offers Swap-Free Accounts that are fully Sharia-compliant. These accounts eliminate all swap charges regardless of how long you hold positions, making them ideal for Islamic finance principles or traders seeking predictable, interest-free trading costs.
FAQS
Frequently asked questions.
What are spreads and how do they work at Wisuno?
Spreads are the difference between the buy (ask) and sell (bid) price of a trading instrument. Wisuno offers floating spreads that adjust based on real-time market conditions. Our spreads on major currency pairs start from 1.2 pips on Standard accounts. We use dozens of liquidity providers to ensure you get competitive and transparent spreads.
What are swap rates and when are they applied?
Swap rates (rollover or overnight interest) are charges or credits applied when you hold forex positions overnight beyond 5:00 PM EST. They reflect the interest rate differential between the two currencies in your pair. Swaps are calculated daily at 5:00 PM EST, with triple swaps applied on Wednesdays to account for weekend rollover.
How can I avoid paying swap fees?
You have two options: Close positions before 5:00 PM EST daily (intraday traders pay no swaps), or open a Swap-Free Account—our Sharia-compliant accounts eliminate all overnight interest charges regardless of holding period.
Where can I see swap rates for each instrument?
Swap rates are available in the trading conditions tables on our account pages, directly in your MT5 platform (right-click any instrument → "Specification"), or on our website's instrument-specific trading conditions sections. All rates are updated regularly to reflect current market conditions.
Why do spreads widen during news events?
During major economic announcements, market volatility increases and liquidity temporarily decreases, causing spreads to widen as liquidity providers adjust pricing to manage risk. Spreads typically return to normal levels within minutes after the event. Experienced traders factor this into their news trading strategies.
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RISK DISCLOSURE：Wisuno UK Limited is a multi-asset investment platform. The value of your investments may go up or down. When you invest, your capital is at risk.