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XM

January 22, 2018

What is rollover and at what time does it occur on MT4?

Every day at 5pm New York Time (23:59 to 00:01 server time), you will note that the platform has a blackout for 2 minutes due to rollover. In the Global Forex Markets this is widely known as ‘End of Forex Day’. Monday trading opens a...

November 23, 2017

What is a swap/rollover? How do you calculate a swap rate?

Swap is the interest paid or earned for holding a position overnight based on the difference between the interest rates of two countries. Each currency or CFD has an interest rate associated with it, which can cause extra profit or co...

November 23, 2017

Why Swap charges are tripled on Wednesday?

If you hold a position overnight on a Wednesday, the normal financing charges that are credited/debited on a daily basis are three times the normal amount. Charging triple swap on Wednesday roll-over period accounts for the settlement...

November 23, 2017

Where can I find the latest swap rates on MT4 platform?

Simply go to the Market Watch area, right-click and choose Symbols. Then click on the properties for a particular trading symbol and it will give you all the details including the swap rates. Swap rates can be changed often at anyt...

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