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Forex trading rollover fee


forex trading rollover fee

pay to roll a short position in the same currency pair. In forex, rollover refers to the value of accrued interest on a spot currency position during the overnight holding period. Here you can find a suitable forex broker. Many countries are currently adopting negative interest rates.

For intraday traders, rollover is not a concern. Essentially, rollover is the difference between the interbank interest rate of the base and counter currencies. If a position is opened after.m. Because currency trades take place continuously in the short-term, changes in the interbank rates are accounted for and adjusted through adding or subtracting assorted quantities of forward points from the spot exchange rate. Each Forex trade is an act of buying and selling of two currencies.

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