Rollover which is also called swap,
is the interest paid for holding opposition overnight, or it's the process of extending the settlement date of an open position with value date to the next business day. This requires a debit or a credit interest charge.
- Notice that there is no rollover on Saturdays and Sundays because most banks across the world are closed on their days.
- There is no rollover on holidays.
Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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