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Rollover is the interest paid or earned for holding a position overnight.
Each currency has an interest rate associated and since the Forex is traded on currency pairs, each transaction involves two currencies and two interest rates. If the interest rate of the currency you bought is higher than the interest rate of the currency you sold, then you will earn rollover (positive roll). If the interest rate of the currency you bought is lower than the interest rate of the currency you sold, then you pay a Rollover (negative roll). Rollovers can add significant extra cost or profit to your operation.
Rollover

Example

At 5 p.m. in New York is considered the beginning and end of the forex trading day. Any positions that are open at 5 p.m. (ET) sharp are considered to be held overnight, and are subject to rollover. A position opened at 5:01 p.m. (ET) is not subject to rollover until the next day, while a position opened at 4:59 p.m. (ET) is subject to rollover at 5 p.m. (ET)

When you buy the EUR / USD, you are buying the euro and selling the US dollar to pay for it. If the euro interest rate is 4.00% and the rate of the US dollar is 2.25%, you are buying the currency that has the highest interest rate, which causes you to gain in Rollover 1.75% annually. If you sell the EUR / USD, you are selling the currency with the higher interest rate and are paying a Rollover of approximately 1.75% annually, since you'd be paying the euro interest rate and earning the interest rate of the dollar.

The Islamic Accounts that BelforFx offers have no Rollovers; for all other accounts our Trading platforms automatically calculate and report all Rollovers.