We are here to help

What happens to my position overnight?

Interest fees 

For any rolling contract HYCM will deduct or credit an overnight interest fee. These fees depend on current interest rates, trade size and the open price of the trade. For a specific calculation please see the Interest Rate Calculator on our Products page.

Interest fees only apply to non-Islamic accounts on spot positions. Islamic accounts are free of overnight fees for the first 14 days a position is open and are then charged at a standard storage fee of $5 per full contract per night.

Was this article helpful?
13 out of 15 found this helpful