FXCM Spread Betting Rollover | Forex Factory

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FXCM Spread Betting Rollover

  • #1
  • First Post: Mar 27, 2013 5:19pm Mar 27, 2013 5:19pm
So I had 2 positions open today. 1 was in USD/JPY which was at £0.08 rollover per lot and NZD/USD at £1.20 rollover per lot.

When it came to rollover time though I only recieved £0.01 per USD/JPY lot and £0.12 per NZD/USD lot which I am not happy about. What's going on with this?
  • #2
  • Mar 28, 2013 7:06am Mar 28, 2013 7:06am
Quoting Lib3rty
So I had 2 positions open today. 1 was in USD/JPY which was at £0.08 rollover per lot and NZD/USD at £1.20 rollover per lot.

When it came to rollover time though I only recieved £0.01 per USD/JPY lot and £0.12 per NZD/USD lot which I am not happy about. What's going on with this?
Why ask in a forum when you can ask FXCM directly?
  • #3
  • Mar 28, 2013 10:12am Mar 28, 2013 10:12am
I'll submit a query with them. Was wondering if this sort of thing happens often though?
  • #4
  • Last Post: Mar 28, 2013 10:59am Mar 28, 2013 10:59am
Quoting Lib3rty
So I had 2 positions open today. 1 was in USD/JPY which was at £0.08 rollover per lot and NZD/USD at £1.20 rollover per lot.

When it came to rollover time though I only recieved £0.01 per USD/JPY lot and £0.12 per NZD/USD lot which I am not happy about. What's going on with this?
Hi Lib3rty,

The rollover rates of £1.20 for NZD/USD and £0.08 for USD/JPY are for 10k mini lots. To determine the amount of rollover per 1k micro lot, you have to divide by 10. That results in £0.12 for 1k of NZD/USD, and £0.01 for 1k of USD/JPY (since £0.008 is rounded up).

Jason
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