Does eToro charge overnight or rollover fees?
Overnight Rollover fees are the industry standard, and better reflect the supply and demand forces driving the market.
With Overnight Rollover fees, the fees are charged according to the direction of a given position (different fees for buy and sell positions, even if they’re on the same instrument) and in some instances, this means that you can get money back.
There is no rollover fee charged or credited on Saturdays and Sundays. For currencies and commodities, the fees for these two days are made up on Wednesdays. For indices, stocks and ETFs, the fees for these two days are made up on Fridays.
On Wednesday or Friday you will be charged or credited the regular fee multiplied by 3.
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Questions and Answers:
1. When will the overnight fees be charged?
The fees will be charged at 17:00 New York time. The fees will be charged for any position open at this time.
2. How will I be able to see the overnight fees that will be charged?
You will be able to see the complete list of fees that we charge in the fees section of our website. In addition, when you manually open a position, the exact fee will show in the confirmation window that opens prior to placing the trade.
3. Are there overnight fees on commodities, stocks, or indices?
We only charge overnight fees on our real-time instruments which include currencies, commodities and indices. Currently, we do not charge rollover fees on non-leveraged “Buy” positions for stocks, cryptocurrencies and ETFs.
4. How will I be able to see how much I received or paid?
You will be able to view the fees and rebates in your account statement, the portfolio history page and trade summary screen.
5. Will you take the overnight fee from the position or from the account balance?
For manual trades, we will take the overnight fee from the account balance. For CopyTrade positions, we will take the fee from the available copy balance.
6. What if I do not have enough money in my account balance?
The system will charge the fee from the balance. If you do not have available funds, it will create a negative balance.
7. Will I be able to carry my trade over the weekend with 1:400 leverage?
8. Will I be able to carry my trade overnight with 1:400 leverage?
9. Are Rollover fees subject to change?
Yes. As market conditions change, we will evaluate if changes need to be made to the fees that we charge. The full list of up to date rates can be consulted on our Fees page.