FXCM expanded the type of accounts provided to customers to include interest-free accounts. Regular forex trading accounts calculate the rollover (interest paid or earned) at 5:00pm EST when open positions are transferred to the following business day. What is rollover?
Instead of interest, FXCM adds to the spreads or commission charges for interest-free accounts. The "fee" is represented as a markup to the spread or an additional commission charge separate to the transaction, depending on the account type and/or pricing model. Click here for more information.
In order to change your current account to an interest-free account type, please complete the form below: