Most FOREX brokers(or market makers) pay/charge you rollover interests everyday.
But do they actually spend their own money to give you interests, or do they simply deliver the interests from the banks they deal with? Or is it from the market?
For example, if FXCM or Oanda decides to trade themselves, can it trade without worrying about interests because they are the ones who pay/receive interests or do they still have to pay/receive interests to/from the banks they deal with?
But do they actually spend their own money to give you interests, or do they simply deliver the interests from the banks they deal with? Or is it from the market?
For example, if FXCM or Oanda decides to trade themselves, can it trade without worrying about interests because they are the ones who pay/receive interests or do they still have to pay/receive interests to/from the banks they deal with?
When I buy it, it moves down.
When I sell it, it moves up.