Forex Rollover Rates
We are transparent about our pricing, so you know upfront how much a trade will cost. When it comes to rollover, we use the tomorrow-next day rate and keep our admin fee low.
Our rollover rates
What is rollover?
Rollover is a term that describes when trades are kept open overnight.
Since there is no physical delivery of currencies when trading forex on margin, all open positions must be closed at the end of the trading day (17:00 ET). So, rollover is the process of extending a trade’s settlement date or carrying it over to the next trading day.
When you keep a trade open overnight, interest, known as a rollover rate, may apply.
Whether you earn or pay rollover depends on your position (buy or sell) and the interest rate differential between the currencies in the pair you’re trading.