‘Rollover’ Explained

Rollover rate is the interest rate differential between two currencies of a currency pair that is bought or sold. So, if the interest rate on the currency you buy is higher than the one you sold, you earn the interest differential (or rollover amount). 

On the other hand, if the reverse happens and the interest rate is in fact lower on the currency you bought, compared to the interest rate on the one you sold then you have to pay the interest differential.  

Rollover happens when you hold positions overnight through Trading Close. Whereas open positions get automatically rolled over every day of trading to stop physical settlement from happening. This rollover amount will be settled - i.e., subtracted or added to the account balance and available for withdrawal – on the next business day after Trading Close. 

Interests may also be changed on occasion, this is at the sole discretion of ADSS and is based on market conditions. 

If you want to find out more about our forex spreads and fees, our OREX platform or even how to set up an account then you can call 3185-0900, or email [email protected].

Additional Notes

  1. Or USD currency equivalent
  2. 1 basis point=0.0001
  3. Commissions for forex trades are calculated off the trade value and then converted and charged to the base currency of the account.
  • Commissions apply to all order types.
  • All exchange and regulatory fees included.
  • Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 shares is submitted and 100 shares execute, then you modify the order and another 100 shares execute, a commission minimum would be applied to both 100 share orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
  • VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.

To assist you further with your trading, below you can find ADSS’s OREX platform forex spread and rollover list:

Currency Pairs

Average Spread*

Rollover

 

 

 

Sell

Buy

EUR/USD 1 0.86 -1.02
GBP/USD 1.8 0.55 -0.78
AUD/USD 1.8 0.11 -0.17
NZD/USD 2.5 0.13 -0.22
USD/CAD 2.2 -0.39 0.23
USD/JPY 1 -0.9939 0.7034
USD/CHF 2 -1.11 0.77
AUD/JPY 2 -0.5168 0.3568
AUD/CHF 3.5 -0.62 0.42
AUD/NZD 4 0.04 -0.1
AUD/CAD 3 -0.04 0
CAD/JPY 2.9 -0.5322 0.3644
CAD/CHF 3.7 -0.64 0.44
CHF/JPY 2.3 0.1492 -0.2336
EUR/GBP 1.8 0.23 -0.35
EUR/JPY 1.4 0.05 -0.1239
EUR/CHF 2 -0.14 0.08
EUR/AUD 3.3 0.83 -1.19
EUR/CAD 3.4 0.75 -1.09
EUR/NZD 4.6 0.92 -1.46
GBP/JPY 2 -0.4437 0.2907
GBP/CHF 3 -0.66 0.45
GBP/NZD 6 0.55 -0.98
GBP/AUD 4 0.44 -0.66
GBP/CAD 3.9 0.38 -0.58
NZD/CAD 7.5 -0.11 0.05
NZD/JPY 2.4 -0.6254 0.3814
NZD/CHF 5.7 -0.65 0.44
USD/HKD 2.8 -6.37 1.04
USD/CNH 8 -5.19 1.1
USD/SGD 5 -0.46 0.09
USD/TRY 10 25.08 -37.82
USD/HUF 40 -247.8 169.49
USD/MXN 100 25 -37.76
USD/NOK 35 -4.81 3.35
USD/PLN 30 -2.24 0.01
USD/SEK 35 -8.57 5.85
USD/ZAR 70 9.83 -17.41
EUR/CZK 200 9.07 -21.48
EUR/HUF 30 0.13 -0.54
EUR/NOK 35 2.28 -5.44
EUR/PLN 35 1.65 -4.32
EUR/SEK 35 0.36 -0.81
ZAR/JPY 2.6 -0.1652 0.1017
XAU/USD 0.3 0.0795 -0.1124
XAG/USD 0.035 0.0008 -0.0016
NOK/SEK 5 -0.44 0.26
NOK/JPY 5 -0.0507 0.0305
TRY/JPY 5.8 -1.6874 1.161
GBP/SEK 55 -4.06 2.58

*Spreads may widen beyond the average spreads depending on trade size and market volatility.