Rollover Policy
Foreign exchange and precious metals trading with FXChoice is dealt on a ‘spot’ basis only. This means that all trades are settled two business days from inception, as per market convention.
We do not arrange physical delivery of currencies or precious metals; hence all positions left open from 23:59:45 to 23:59:59 (Server time) will be rolled over to a new value date. As a result, positions are subject to a swap charge or credit as specified in the table below.
Note: When you roll an open position on a currency pair from Wednesday to Thursday on a trade date basis, Monday of the following week becomes the new value date, not Saturday. Therefore, the rollover charge on a Wednesday evening will be three times the value indicated in the table.
Rollover real-time tables
The Forex market is immense, seeing USD 4 trillion passes through it every day, making it the world’s largest market. This incredible volume brings liquidity and flexibility to the trader’s strategy.