Overnight interest in foreign exchange is charged by the bank, not the platform provider.

If a customer is long (holding) a high-interest currency, the overnight interest on the open position will be added to the account's capital. Otherwise, the relevant overnight interest will be deducted from the funds.

According to international banking practice, foreign exchange transactions are settled after 2 trading days. Overnight interest is calculated based on the settlement date.

Monday: 1 day overnight interest. Trading on Monday, settlement on Wednesday, holding positions from Monday to Tuesday, settlement day from Wednesday to Thursday, so one day of interest will be paid/charged.

Tuesday: 1 day overnight interest. If the position is held from Tuesday to Wednesday, the settlement date is from Thursday to Friday, so one day of interest will be paid/charged.

Wednesday: 3 days of overnight interest. If the position is held from Wednesday to Thursday, the settlement date is from Friday to next Monday, so 3 days of interest will be paid/charged.

Thursday: 1 day overnight interest. If the position is held from Thursday to Friday, the settlement date is from next Monday to next Tuesday, so one day of interest will be paid/charged.

Friday: 1 day overnight interest. If the position is held from Friday to the next Monday, the settlement day is from Tuesday to Wednesday, so only one day of interest is paid/received.