BrokerView June Swap spread Review: AUS Global Leads, While Overnight Costs Vary Widely Across Brokers

BrokerView’s June swap rate assessment compares the average overnight swap spreads of 15 brokers across EUR/USD, GBP/USD, and XAU/USD. The results show clear differences in overnight trading costs, with AUS Global, MH Markets, and DLSM ranking among the top performers for offering competitive swap conditions.

AUS Global Ranks First Overall

AUS Global achieved the strongest overall performance in the June review, recording some of the lowest swap costs across major instruments.

Its average swap spreads were -0.95 USD/lot for EUR/USD, -1.17 USD/lot for GBP/USD, and -17.8 USD/lot for XAU/USD. The broker’s particularly low costs on major currency pairs make it attractive for traders who frequently hold positions overnight, where swap fees can have a significant impact on long-term strategies.

MH Markets Takes Second Place

MH Markets ranked second with average swap spreads of -3.27 USD/lot on EUR/USD, -2.98 USD/lot on GBP/USD, and -26.06 USD/lot on XAU/USD.

Although its swap costs were higher than AUS Global’s, MH Markets delivered balanced performance across forex and gold trading, maintaining relatively competitive overnight financing conditions.

DLSM Secures Third Place

DLSM placed third overall, with average swap spreads of -3.62 USD/lot for EUR/USD, -3.66 USD/lot for GBP/USD, and -10.45 USD/lot for XAU/USD.

While its forex swap rates were slightly higher than MH Markets, DLSM stood out in gold trading, achieving the lowest XAU/USD swap cost among all brokers reviewed. This advantage may appeal to traders who frequently hold gold positions for longer periods.

EUR/USD Swap Rates Ranking

For EUR/USD trading, AUS Global ranked first with an average swap spread of only -0.95 USD/lot, significantly lower than most competitors.

MH Markets followed in second place at -3.27 USD/lot, while DLSM ranked third with -3.62 USD/lot.

At the higher-cost end, ThinkMarkets (-8.12 USD/lot) and Windsor Brokers (-8.65 USD/lot) recorded some of the largest EUR/USD swap charges in the assessment.

GBP/USD Swap Rates Ranking

AUS Global also dominated the GBP/USD category, ranking first with an average swap spread of -1.17 USD/lot.

ACY Securities placed second at -2.84 USD/lot, followed by MH Markets in third place at -2.98 USD/lot.

The results show that these three brokers provided the most competitive overnight financing conditions for GBP/USD traders. At the bottom of the ranking, D Prime recorded the highest cost at -9.11 USD/lot, nearly eight times higher than AUS Global.

XAU/USD Swap Rates Ranking

For gold trading, DLSM, IC Markets, and AUS Global ranked as the top three brokers with the lowest XAU/USD swap costs.

DLSM led the category with an average swap spread of -10.45 USD/lot, offering the most cost-efficient overnight conditions for gold traders.

IC Markets followed closely with -11.58 USD/lot, while AUS Global ranked third at -17.80 USD/lot.

Compared with other brokers, the difference was significant, with Eightcap recording the highest XAU/USD swap cost at -47.39 USD/lot, more than four times higher than DLSM.

Conclusion

BrokerView’s June swap analysis highlights major differences in overnight trading costs among brokers. AUS Global delivered the strongest overall performance, leading in EUR/USD and GBP/USD swap conditions, while DLSM showed a clear advantage in gold trading. MH Markets also maintained consistent pricing across multiple instruments.

For traders using swing or long-term strategies, comparing swap rates remains an important part of broker selection, as small differences in overnight fees can accumulate into substantial costs over time.

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