CFD/Share Trading Account

Some positions held past 5PM EST (New York time) will be subject to Cost of Carry charges/credits as detailed in the "Reference Prices" window of your trading platform.  This cost is set at 0% to 8% per annum of the notional value of the position, depending on the product.  Individual shares are charged 8% per annum for long positions and 2% per annum for short positions.

This equates to about $0.00 to $1.00 per lot per day for most instruments. 

ActTrader Account

Overnight carry charges for ActTrader are indicated in the "Currency Reference Rates" or "Instruments" window of the trading platform, quoted in dollars per lot per day (Euros per lot per day for Euro-denominated accounts).  The average cost is about $0.50 per lot per day, or about 1/2 pip per day, for currencies. 

MetaTrader Accounts

Positions held past 5PM EST (New York time) will be subject to Cost of Carry charges/credits. This cost is set at 0% to 8% per annum of the notional value of the position, depending on the product. Forex cost of carry charges are based on interbank convention and other instruments are charged a fixed amount based on the margin requirement of the product.