Since our introduction of Zero Rollover Fee Trading on July 25th, 2021, we have provided our Australian client base with the opportunity to save millions of AUD in overnight financing fees on selected Index CFDs, CFDs on Gold and Silver.With FXCM's Zero Rollover Fee Trading, the potential savings per client currently stands at 31,658.69 AUD.
Rollover fees (also called swap fees) are interest charges or credits (depending on your position) that apply when you hold trading positions overnight. They are based on the interest rate differences between the currencies or assets being traded.
Each day at 5pm New York (7am AEST), CFDs on Gold and Silver and Index CFD trades are rolled over. Rollover is either debited or credited to your account (depending on whether the interest rate differential is in your favour). With global interest rates currently at elevated levels, both buy and sell trades are typically charged rollover daily. FXCM's offering of zero rollover fees for selected Index CFDs, as well as for CFDs on Gold and Silver, allows you to hold your trades without being charged daily rollover fees. Please note that your account will not receive or be credited with any positive rollover fees that your trades could generate without the Zero Rollover fee.
Trade carefree without having to worry about costs of holding a trade overnight. Trade Selected Global Index CFDs, as well as CFDs on and Silver, without rollover fees. Please, refer to the FAQ to find out all of the eligible Index CFDs. View full Terms and Conditions of the No Rollover Fees Trading1
Compare rollover fees between FXCM and other brokers to save on costs.
The table shows the maximum net position size per instrument that is eligible for the promotion and the rollover costs for one trading week for that position size, across eligible instruments.
| Instrument | Trade Size | CMC | City Index | Vantage FX | FXCM |
|---|---|---|---|---|---|
| AUS200 | 370 | $1079.84 | $1318.12 | $1472.6 | $0.00 |
| NAS100 | 150 | $1809.04 | $2199.04 | $2511 | $0.00 |
| SPX500 | 50 | $1727.72 | $2099.8 | $2406.84 | $0.00 |
| UK100 | 210 | $1365.64 | $1629.32 | $1854.92 | $0.00 |
| US2000 | 100 | $1380.56 | $1679.84 | $2084.84 | $0.00 |
| US30 | 70 | $1824.28 | $2216.8 | $2556.08 | $0.00 |
| XAU/USD | 120 | $1455.92 | $1535.32 | $1135.6 | $0.00 |
| XAG/USD | 7800 | $1117.68 | $1124.04 | $1114.4 | $0.00 |
| GER30 | 110 | $1183.6 | $1481.68 | $1598.92 | $0.00 |
| JPN225 | 800 | $461.48 | $717.72 | $472.32 | $0.00 |
| HKG33 | 60 | $788.88 | $917.08 | $1052.56 | $0.00 |
| CHN50 | 120 | N/A | $719.84 | $1331.88 | $0.00 |
| ESP35 | 190 | $1224.6 | $1532.4 | $1832.64 | $0.00 |
| EUSTX50 | 420 | $1245.56 | $1559.36 | $1678.84 | $0.00 |
| FRA40 | 260 | $1244.4 | $1558.12 | $1676.2 | $0.00 |
Data in the above table was collected from demo accounts during 25th March to 29th March 2024. Trade sizes are adjusted to be comparable. Rollover rates were converted from USD to AUD using AUD/USD high from the period of 0.76022. Maximum trade size is based on roughly $200k USD Notional Volume. FXCM rollover is $0.00 for eligible trades during the No Rollover Fee Trading.
* Past performance: Past Performance is not an indicator of future results.
* Due to the limitation of demo account, the rollover charged or paid for the demo account might be different from the financing fee incurred in live trading environment.
* The comparison is considering rollover fees only. Other fees and charges will apply as normal. Please refer to CFD Product Disclosure Statement.
FXCM is a Global Forex Broker with more than 20 years of experience. Our mission is to provide you with a reliable trading experience and outstanding client support, so you can trade with confidence on our platforms.
A demo account is a great place to learn without risking any of your own money. Start with $20,000 of virtual money and transfer your best strategies to a live account.
When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: spreads, charging commissions at the open and close of a trade, and adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.
The potential savings per client is calculated from July 26th to October 15th 2021 based on the actual expected daily rollover fees of the maximum eligible position size for each instrument included in the promotion. The actual rollover fees saved will differ per client, and is dependent on the instruments being traded and the sizes and directions of any positions held past 5pm NY time daily.