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Rollover

What is Rollover?

Rollover is the interest paid or earned for holding a position overnight. Each currency has an overnight interest rate associated with it, and because…

Where is rollover shown?

Friedberg Direct closely tracks and clearly displays rollover rates. Please be advised, interest rates are provided to Friedberg Direct by multiple…

When is rollover booked?

5 PM in New York is considered the beginning and end of the Forex trading day.  Any positions that are open at 5 PM EST sharp are considered to be…

Do rollover rates and policies vary from broker to broker?

Yes. In addition to our policy of transparency in reporting rollover, due to the average notional trading volume that Friedberg Direct generates to the…

Can you provide an example of rollover on a forex pair?

When you buy the EUR/USD pair, you are buying the euro, and selling the U.S. dollar to pay for it. If the euro interest rate is 4.00%, and the U.S. rate…