|
|
| Rollovers in the Forex |
Forex Trading Rollovers
Rollovers occur when a transaction continues for
more than two days, and the Forex trading order is
automatically rolled over to the next day.
Because the Forex trading market is a spot market,
where trandsaction are made instantaneously,
trades must settle in two business days. But don’t
worry… You don’t have to sell everything after two
days! This is exactly why we have the option for
Forex trading rollovers.
In Forex system trading you have the option of a
rollover, so that your transaction will remain
relevant for two more days. Forex trading Rollover
can happen every two days, so your investment
stays indefinitely.
Rollover Charges and Interest Rates
Every rollover has a certain transaction cost,
which is set according to the Forex site and
software you are using. This information needs to
be looked over before you invest, so there won't
be any surprises. Rollover charges are different
according to the currency you invest in, and this
should also come into account when deciding how to
trade.
Forex trading Rollovers occur when the NY trading
market closes at 17:00 ET. Traders sometimes earn
interests on rollovers. US interest rates, for
example, are higher than Japan's, so if you are
holding a long USD/JPY you will be able to
accumulate interest for the rollover. On the other
hand, holding the JPY will means paying interest
on the rollover.
When the rollover is made, the currency can also
move up or down for a few pips, so also take that
into account when you notice changes in the Forex
currency the day after.
El Acontecer Hispanoamericano
|
|
