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Rollover rates?

  • #1
  • First Post: Jul 18, 2010 12:27pm Jul 18, 2010 12:27pm
I'm currently working on a daily timeframe trading system and I was wondering if rollover rates are large enough to drain an account? Or are the even an issue? I'm opening an account with MB Trading and I'm finding the Rollover Rates page hard to understand.
  • #2
  • Last Post: Jul 19, 2010 4:03am Jul 19, 2010 4:03am
Quoting TyErwin
I'm currently working on a daily timeframe trading system and I was wondering if rollover rates are large enough to drain an account? Or are the even an issue? I'm opening an account with MB Trading and I'm finding the Rollover Rates page hard to understand.
Rollover Rates depend on the interest rates set by the central banks of the currencies. If you trade EUR/USD or GBP/USD they won't be an issue, but for AUD/JPY or ZAR/JPY they can become an issue.
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