FXCM closely tracks and clearly displays rollover rates. Please be advised, interest rates are provided to FXCM by multiple liquidity providers. Every effort is made to display rollover rates one day before they are posted to your account. However, during…
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5 PM in New York is considered the beginning and end of the Forex trading day. Any positions that are open at 5 PM EST sharp are considered to be held overnight, and are subject to rollover.A position opened at…
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When you buy the EUR/USD pair, you are buying the euro, and selling the U.S. dollar to pay for it. If the euro interest rate is 4.00%, and the U.S. rate is 2.25%, you are buying the currency with the…
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Rollover is the interest paid or earned for holding a position overnight. Each currency has an overnight interest rate associated with it, and because Forex is traded in pairs, every trade involves not only two different currencies, but their two…
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