
BrokersView has released its January 2026 swap spread review, analyzing average swap costs on EURUSD, GBPUSD and XAUUSD across the brokers. For traders holding positions overnight, swap rates remain a critical factor affecting long-term profitability.

AUS Global delivered the most competitive overall swap structure among the brokers.
EURUSD: -0.97 USD/lot
GBPUSD: -1.19 USD/lot
XAUUSD: -17.8 USD/lot
It ranked first on both major FX pairs and maintained relatively low gold swap costs compared to most competitors. The consistency across asset classes makes AUS Global particularly attractive for swing traders and diversified portfolios.
Doo Prime posted the lowest swap costs on EURUSD and GBPUSD:
EURUSD: -0.32 USD/lot (best overall)
GBPUSD: -0.42 USD/lot (best overall)
XAUUSD: -21.96 USD/lot
While its gold swap is slightly higher than AUS Global’s, Doo Prime stands out for traders focusing primarily on major currency pairs.
DLSM ranked third overall, supported by a notably low gold swap:
EURUSD: -3.67 USD/lot
GBPUSD: -3.67 USD/lot
XAUUSD: -4.33 USD/lot (lowest among all brokers)
Its XAUUSD rate significantly outperformed peers, positioning DLSM as a strong option for gold-focused traders despite less competitive FX swap levels.

Doo Prime ranked first with the lowest average swap spread, offering the most cost-efficient overnight holding conditions among the three.
AUS Global secured second place, maintaining relatively competitive swap costs suitable for medium-term traders.
DLSM placed third, with higher overnight holding costs that may impact traders running longer-duration strategies.

Doo Prime recorded the most competitive GBPUSD swap level in January, with the lowest negative carry among the three, making it comparatively more cost-efficient for traders holding GBPUSD positions overnight.
AUS Global placed second, offering a moderate swap rate that remains manageable for medium-term traders but reflects a higher overnight cost relative to the top performer.
GO Markets ranked third, suggesting comparatively higher holding costs for traders maintaining extended GBPUSD exposure.

DLSM ranks first with the most competitive swap level, offering comparatively lower overnight costs for gold traders.
IC Markets delivers mid-range swap conditions, remaining relatively cost-efficient for active XAUUSD holders.
AUS Global shows significantly higher swap costs, which may impact traders holding gold positions long term.
As swap structures can materially impact holding strategies, traders should evaluate broker conditions carefully alongside spreads, execution quality, and regulatory standing before committing capital.
For more comprehensive evaluation data, please check the BV evaluation column. (Data source: Singapore market research)