At the close of the trading day, rollover occurs when the trader decides not to close the position by selling the financial assets. It’s simply the interest received or paid for holding a stock over the course of a day. Depending on the type of contract being traded, different calculating techniques are used. Due to its relationship with the current interest rates, the rollover amount may also change. On the following trading day, your account will either be credited with or debited for the charge. You won’t incur rollover fees or interest if you close the trade before the rollover period or reopen it after the rollover period.

Please be aware that Wednesday’s rollover rate (swap rate) is three times higher than other days. Forex is a two-day deliverable market, thus the positions are rolled through the weekend (when no fee is charged) to Monday, making Wednesday’s rate equal to three days’ worth of interest.