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ROLLOVER INTEREST


All positions held till the end of the business day and rolled over to the next value date are subject to a swap charge or credit which is called a rollover interest. Forex Ltd rolls over all open positions according to the international banking practices. Rollover interest can bring both additional profit to the trader and loss. When funds are credited to the Client's account a so-called positive rollover occurs. Conversely, when the account is charged due to position transfer overnight a negative rollover takes place.

The rollover interest for currency pairs is calculated on the basis of the full volume of the position and is determined on the basis of LIBOR/LIBID interest rates of the two traded currencies.

ROLLOVER POLICY

Normally Your account is charged when You sell the currency with the higher interest rate in the pair and credited when You buy the currency with the higher interest rate in the pair. Though when interest rates of the central banks-emitters of the currencies from the pair are equal or close in value rollover interest may be negative for both short and long positions.

FOREX ROLLOVER TABLE

Currency pair Long Short
EUR/USD -0.08 points -0.37 points
GBP/USD -0.15 points -0.32 points
USD/JPY -0.01 points -0.07 points
USD/CHF 0.01 points -0.14 points
AUD/USD 0.49 points -1.26 points
NZD/USD 0.32 points -0.59 points
USD/CAD -0.07 points -0.09 points
USD/SEK 0.17 points -0.41 points
CHF/JPY -0.05 points -0.02 points
GBP/CHF 0.09 points -0.32 points
GBP/JPY 0.05 points -0.24 points
EUR/CHF 0.11 points -0.17 points
EUR/JPY -0.02 points -0.11 points
EUR/GBP -0.09 points 0.03 points
EUR/SEK -0.20 points -0.90 points
EUR/CAD 0.04 points -0.08 points
EUR/AUD -1.67 points 0.88 points
AUD/JPY 0.61 points -0.92 points
AUD/NZD -0.11 points -0.84 points
CAD/JPY 0.03 points -0.09 points
USD/NOK -4.51 points 1.97 points
USD/SGD -0,19 points -0,26 points
USD/DKK -1,11 points 0,15 points
USD/ZAR -1,27 points 0,86 points
USDX -1.74 USD
(for 1 lot)
-1.89 USD
(for 1 lot)
EURX -0.57 EUR
(for 1 lot)
-2.79 EUR
(for 1 lot)

Please note that triple rollover charges and payments are applied for overnight positions transfer from Wednesday to Thursday.

CFDs are subject to rollover at the standard rate for all instruments. This rollover also known as storage is credited to the Client's account for short positions transfer overnight and charged for long positions transfer.

CFD ROLLOVER TABLE

CFD's Long Short
All Instruments -5.52% y/y -2.63% y/y

Please note that triple rollover charges and payments are applied for overnight positions transfer from Friday to Monday.

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