Are there overnight holding costs on Metal CFDs?

Permanently deleted user
Permanently deleted user

Yes. A swap charge will be applied to an open position if trades are held overnight (over 00:00 MT4 server time). The rates may also vary depending on the size and direction of the trade and underlying interest rate. 

 

On Wednesday nights, Triple swap will be charged to the account to settle trades over the weekend where no swap rates have been charged due to market closure.

 

Please note that a negative figure is a cost to the account while a positive figure is paid to the account. You can see the swap rates for any symbol by right clicking the symbol on the Market Watch, click ‘Specification’ and scroll down to the section showing Swap Long and Swap Short. The specifications are also accessible via the ‘Symbols’ selection after right clicking a symbol on the Market Watch or, or pressing the CTRL + U keyboard shortcut.

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