hey i had the same issue on the roll over fee. Opened a trade last March 30 USD/JPY (short) for a 5K lot and my fee was around $8.19. Emailed FXCM and this was their response.
"FXCM - Joseph: Thank youApril 1 marks the beginning of a new fiscal year in Japan, and JPY borrowing is extremely strained as borrowers look to roll over outstanding debts. This isn’t at all unprecedented, but it should be noted that this year is the worst we’ve seen in the past four.
It was therefore expensive to roll over any JPY-long positions (or sell USD/JPY). This is exacerbated by the fact that it was also a Wednesday and rolls are 3x normal.I will also email you a screen shot of the USDJPY spot versus Next spread seen on Bloomberg’s forward points to see that this is by no means limited to FXCM’s dealing rates."
Am checking Bloomberg now.
"FXCM - Joseph: Thank youApril 1 marks the beginning of a new fiscal year in Japan, and JPY borrowing is extremely strained as borrowers look to roll over outstanding debts. This isn’t at all unprecedented, but it should be noted that this year is the worst we’ve seen in the past four.
It was therefore expensive to roll over any JPY-long positions (or sell USD/JPY). This is exacerbated by the fact that it was also a Wednesday and rolls are 3x normal.I will also email you a screen shot of the USDJPY spot versus Next spread seen on Bloomberg’s forward points to see that this is by no means limited to FXCM’s dealing rates."
Am checking Bloomberg now.