Rollover or swap rate is the interest paid or earned for holding a CD Captials position overnight. Each currency has its own interest rate, and as trading is done in pairs, every trade involves not only two different currencies, but also their two different interest rates. If the interest on the bought currency is higher than the interest rate of the sold currency, then a trader earns rollover (positive roll). Conversely, if the interest rate on the bought currency is lower than the interest rate of the sold currency, then the trader will pay rollover (negative roll). Rollover can add a significant extra cost or profit to a trade.
The rollover process starts at the end of day at 23:59 server time.
The CD Captials rates below are calculated based on USD accounts per 1 standard lot.
The rollover/swaps are calculated and applied on every trading night. On Wednesday night rollover/swaps are charged at triple rate