Earn Rollover Interest on Open Positions

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Traders earn rollover interest on open positions in which the difference in interest between the two currencies in a pair generates sufficient earnings.  

If you want to receive interest on open positions, all you have to do is hold a positive rollover position at exactly 5:00 PM EST (23:00 Central European Time). A positive rollover position is an open position in which the currency pair earns interest due to the current interest rate status. On the other hand, if a trader has an open position with a currency pair that generates negative interest due to the current interest rate status, the trader will have a negative rollover position and the trader will have to pay interest. 

Why Is Rollover Interest Charged?
Regulations on the spot forex market state that all trades have to be reported and paid within two work days. For example, a trader who sells 100,000 euros on Tuesday has to pay this amount by Thursday or else be charged rollover interest. FXCM thus offers the service of automatically making such payments for its customers. All trades which are still open on the market at the end of the trading day at 5:00 PM New York Time (EST) automatically assume rollover status.

The rollover interest rate per lot of trade volume is displayed above the buy or sell price in the Advanced Dealing Rates window of the FX Trading Station. RollS indicates the interest for sell transactions and RollB indicates the rate for buy transactions. 

Please note: The rollover interest rate on Wednesday is approximately three times higher than the interest rate on other trading days. This three-day rollover day compensates for the weekend when the banks are closed.