Overnight fees are applicable to short positions and Forex (FX).
Calculation of the overnight:
(abs(Position.Value)*Rate(%)/360)*days = overnight amount, where:
Position.Value = Position.Quantity*Price
Overnight is calculated at 17:00 NYT on weekdays, and weekend overnights are calculated on Wednesdays. However, it is important to keep in mind that the calculation is based on the balance of the previous (closed) trading day.
They depend on the market conditions and are constantly changing. All up-to-date overnight fees for short trades and FX can be found in the Client's Area.
Note! It is important to keep in mind that in the Reports section in the Client's Area, all Overnight fees are marked under ROLLOVER.