July Broker Overnight Interest Rate Review: Comparison Of Data Ror EUR/USD, GBP/USD, and And XAUUSD

In the foreign exchange market, investors not only pay attention to the potential benefits brought by the price fluctuations of the trading currency pairs, but also need to understand the costs that may be incurred during the transaction. For example, the overnight interest rate of foreign exchange is a cost that investors need to pay special attention to when holding positions overnight.

The following shows the overnight interest rates charged by 27 brokers for EURUSD, GBPUSD and XAUUSD from July 1 to July 31.

Summary of EURUSD, GBPUSD and XAUUSD overnight interest rates in July

Platforms with relatively low fees are (1-3):

XM, Doo Prime, DLS Markets

Platforms with relatively high fees are (24-27):

WeTrade, Decode Global, ThinkMarkets

Below is a chart of overnight interest rates for 3 currency pairs from 27 brokers

(Unit: USD/lot)

Summary of EUR/USD overnight interest rates in July

Platforms with relatively low fees are:

XM, AUS Global, Doo Prime

Platforms with relatively high fees are:

Decode Global, ThinkMarkets, WeTrade

Here's a detailed data chart illustrating July 's EURUSD overnight interest rates:

(Unit: USD/lot)

Summary of GBP/USD overnight interest rates in July

Platforms with relatively low fees are:

XM, Doo Prime, AUS Global

Platforms with relatively high fees are:

WeTrade, Decode Global, ThinkMarkets

Here's a detailed data chart illustrating July's GBPUSD overnight interest rates:

(Unit: USD/lot)

Summary of XAUUSD overnight interest rates in July

Platforms with relatively low fees are:

XM, Doo Prime, DLS Markets

Platforms with relatively high fees are:

Decode Global, EC Markets, FxPro

Here's a detailed data chart illustrating July's XAUUSD overnight interest rates:

(Unit: USD/lot)

The above is the overnight interest data of Brokersview brokers in July.  For more comprehensive evaluation data, please check the BV evaluation column.