Swaps & Financing

Q: What are rollover or swap fees?

Rollover or swap fees are charges applied when you keep a trading position open overnight. These fees are essentially the interest difference between the two currencies involved in a forex trade or the cost of holding other leveraged instruments overnight.The exact amount of the fee depends on the instrument, the size of the position, and the direction of your trade (buy or sell). Kindly visit this link for further details

Q: When are swap/rollover fees applied?

Swap or rollover fees are applied to positions that remain open after the daily rollover time of 23:59 server time. This time marks the end of one trading day and the start of the next.Positions opened before 23:59 will incur rollover fees for that day.Positions opened after 23:59 will not incur fees until the next day.