XM Bonus
Bonus | Status | |
Xmas Tradable Bonus | expired | |
$30 XMAS NO DEPOSIT BONUS | expired | |
Tradable Bonus up to $5,000 | expired | |
20% New Client Deposit Bonus | expired |
How to calculate forex and spot metal rollover rates at XM?
The calculation of rollover rates for forex and spot metals is as follows:
X transaction size (long/short tom-next rate – XM's Markup)
Keep in mind that plus or minus positions depend on the difference in the exchange rate of two currencies in a given pair.
Continue Reading at Guide to Trade Overnight Positions in XM
XM VPS is free for clients who trade at least five standard lots per month.
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The rollover rate is determined through swap contracts, which can either be charged or profited for traders. XM does not close or reopen positions, but only debits or credits trading accounts for positions held overnight, depending on the current interest rate.
Although there is no rollover, if the market is closed on Saturdays and Sundays, the bank still charges interest on open positions over the weekend, only lowered. To accommodate this time difference, XM introduced a 3-day rollover fee on Wednesdays.
Continue Reading at Guide to Trade Overnight Positions in XM
How to calculate stock and indices rollover rates at XM?
The calculation of XM's rollover rate for stocks and stock indices is:
Trade Size x Closing Rate x (long/short position of interbank short-term interest rate – XM's markup
All in all, the start and end of a trading day are considered to be 22:00 GMT in XM. All trading positions that are still open after the time, even if only for 1 minute, will be counted as an overnight position and would be charged a rollover rate.
Continue Reading at Guide to Trade Overnight Positions in XM