Calculation formula of overnight interest in foreign exchange market: actual overnight interest = actual single hand × 1 standard hand (100000) × spot size (0.000 1) × overnight interest × days (non-US dollar currency should be multiplied by the exchange rate of the currency against the US dollar).

1. For a combination with USD as the target currency, such as GBP/USD, suppose it is an account of 10K, and buy 3 lots of GBP/USD [USD] on Monday. The market price is:1.7718//kl. The calculation method of overnight foreign exchange interest is as follows: 0.42%/360 x 1000x3 hand x 1.7722 x 1 day = USD 0.62.

2. For the combination based on USD[ USD] [USD], such as USD[ USD ]/JPY: suppose it is an account of 100K, and short 1 USD[ USD ]/JPY on Wednesday, with the market price of107.44/. Then the customer who sells USD will pay interest. The calculation method of overnight foreign exchange interest is as follows:-2.18%/360x100000x3 days = [$ 18. 17].

3. For a cross-currency combination, such as Euro/Pound: suppose it is a 1K account, buy 5 lots of Euro/Pound on Friday, the market price is 0.6885/0.6890, and from overnight to next Monday, Prm Buyl%-3.7 1, then customers who buy Euro will pay interest. The calculation method of overnight foreign exchange interest is as follows:

You don't need to calculate the overnight warehouse interest yourself. You can check the overnight warehouse interest directly in MT4, as shown in the figure. You can see it by selecting the specification.

Original link:/jinrongshuyu/z16031001/