Rollover/ Interest Policy
Foreign exchange trading at Alpari (UK) is dealt on a "Spot" basis only. This means that all trades settle two business days from inception, as per market convention. Alpari (UK) does not arrange physical delivery of currencies, hence all positions left open at the end of the day will be rolled over to the new value date and are subject to a swap charge or credit as specified in the table below.
For Pro Accounts via Alpari Direct Pro and Alpari Direct the rollover process will affect trades remaining open between 9:59:45 p.m. to 9:59:59 p.m. GMT.
For Pro Accounts via MetaTrader 4 the rollover process will affect trades open from 10:59:45 p.m. to 10:59:59 p.m. GMT.
Note:
When you roll an open position from Wednesday to Thursday, then Monday next week becomes the value date, not Saturday; therefore the rollover charge on a Wednesday evening will be three times the value indicated above.
| Symbol | Long | Short |
| AUDCAD | +0.620 pips | -1.320 pips |
| AUDCHF | +0.710 pips | -1.400 pips |
| AUDJPY | +0.590 pips | -1.170 pips |
| AUDNZD | -0.260 pips | -1.220 pips |
| AUDSGD | +0.830 pips | -1.810 pips |
| AUDUSD | +0.610 pips | -2.940 pips |
| CADCHF | +0.010 pips | -0.090 pips |
| CADJPY | -0.010 pips | -0.070 pips |
| CADSGD | -0.090 pips | -0.100 pips |
| CHFJPY | -0.030 pips | -0.010 pips |
| CHFSGD | -0.120 pips | -0.010 pips |
| EURAUD | -2.070 pips | +0.940 pips |
| EURCAD | -0.080 pips | -0.120 pips |
| EURCHF | +0.030 pips | -0.160 pips |
| EURDKK | -2.400 pips | -0.130 pips |
| EURGBP | -0.190 pips | -0.030 pips |
| EURHKD | +0.390 pips | -1.220 pips |
| EURJPY | +0.010 pips | -0.130 pips |
| EURNOK | -5.620 pips | +1.240 pips |
| EURNZD | -1.740 pips | +0.720 pips |
| EURSEK | -0.370 pips | -0.790 pips |
| EURSGD | -0.100 pips | -0.200 pips |
| EURUSD | -0.050 pips | -0.110 pips |
| GBPAUD | -2.200 pips | +0.910 pips |
| GBPCAD | +0.000 pips | -0.250 pips |
| GBPCHF | +0.110 pips | -0.730 pips |
| GBPJPY | +0.070 pips | -0.240 pips |
| GBPNOK | -5.780 pips | +0.700 pips |
| GBPNZD | -1.820 pips | +0.630 pips |
| GBPSEK | +0.060 pips | -1.660 pips |
| GBPSGD | -0.020 pips | -0.370 pips |
| GBPUSD | +0.010 pips | -0.370 pips |
| HKDJPY | +0.000 pips | +0.000 pips |
| NOKJPY | +0.040 pips | -0.110 pips |
| NOKSEK | +0.380 pips | -0.860 pips |
| NZDCAD | +0.290 pips | -0.660 pips |
| NZDCHF | +0.350 pips | -0.710 pips |
| NZDJPY | +0.290 pips | -0.600 pips |
| NZDSGD | +0.380 pips | -0.920 pips |
| NZDUSD | +0.280 pips | -0.640 pips |
| SEKJPY | +0.000 pips | +0.000 pips |
| SGDJPY | -0.020 pips | -0.060 pips |
| USDCAD | -0.050 pips | -0.050 pips |
| USDCHF | +0.010 pips | -0.090 pips |
| USDDKK | -1.820 pips | +0.090 pips |
| USDHKD | +0.200 pips | -0.640 pips |
| USDJPY | +0.000 pips | -0.060 pips |
| USDNOK | -4.190 pips | +1.100 pips |
| USDSEK | -0.350 pips | -0.350 pips |
| USDSGD | -0.090 pips | -0.100 pips |
Alpari (UK) Limited is authorised and regulated by the Financial Services Authority. FSA Register number 448002.
Company No. 05284142. Registered Office: 201 Bishopsgate, London, EC2M 3AB, United Kingdom.
© 2004-2010 Alpari (UK) Limited
