URICH2.com

English 繁體中文
 

You can earn cashback on every trade

no increased commission or spread, just the original trading cost offered by brokers

Get the best commission rebate rate with us

Home >> XM >> XM: Why are rollover rates tripled on Wednesdays?


Brokers News

         Fundamental Concepts             Advanced Concepts             Strategy & Education             Personalise Manual
XM: Why are rollover rates tripled on Wednesdays?
Source:https://www.xm.com/help-center/trading-conditions/faq-why-are-rollover-rates-tripled-1 | Author:finance-102 | Date2023-08-22 | 252 Views | Share:
When trading spot forex, actual value dates are two days ahead. For example, a deal executed on Thursday is for the value on Monday, one executed on Friday is for the value on Tuesday, and so on.

When trading spot forex, actual value dates are two days ahead. For example, a deal executed on Thursday is 

for the value on Monday, one executed on Friday is for the value on Tuesday, and so on.


So, on Wednesdays, rollover is tripled to account for the upcoming weekend, when the market is closed.


ThinkMarkets
XM
EXNESS
FXPRO

FXPRO NEWS

Cash Back Commission

AXITRADER

AXITRADER NEWS

Cash Back Commission

TICKMILL

TICKMILL NEWS

Cash Back Commission


Trading Knowledge