- Direct access to interbank quotes
- Transparent low commission without spreads and mark-ups
- Forex-conversion and forex-leverage allows you to convert currencies and/or trade currencies with leverage
|CNH, CZK, HKD, HUF, ILS, MXN, SGD||20||5%|
|SEK, NOK, NZD, DKK||30||3.33%|
|USD, EUR, JPY, CHF, GBP, AUD, CAD||40||2.50%|
Rollover is the interest paid or earned for holding a position overnight. Each currency has an interest rate associated with it, and because forex is traded in pairs, every trade involves not only two different currencies, but also two different interes rates. If the interest rate on the currency you bought is higher than the interest rate of the currency you sold, you earn rollover(positive roll). If the interest rate on the currency you bought is lower than the interest rate of the currency you sold, you pay rollover(negative roll). Other factors such as overnight cash liquidity and volatility also affect the rollover typically earned/paid.