When traders open positions they have expiry dates and when the positions close automatically the profit or loss is released. In trading, a rollover is the process of keeping a position opened even if it has expired. A rollover fee is charged when you keep a position open overnight.
CFD instruments will be rolled over on the expiration dates as per the table below.
Rollover Expiration Dates
Forex products are leveraged products and trading forex therefore involves a high level of risk that may not be suitable for everyone.
OloFX recommends that you ensure that you fully understand the risks involved before making any decision concerning OloFX's products.
OloFx is the trade name of BelFx Limited, which is regulated by the IFSC with License number IFSC/60/260/TS/17. BelFx Limited is registered as International business company under registration number 130266, with the registered office of the company being located at No. 5 Cork Street, 3rd Floor, Belize City, Belize. BELFX LIMITED owns the European Company OLOFX LIMITED a Company Incorporated under the Laws of the Republic of Cyprus with Registration Number HE 351124 and having its Registered Address at 11, Gladstonos, M. Kyprianou House, 3&4th floor, 3032, Limassol, Cyprus which serves as a payment administrator for BelFX.Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose. Before trading, you should ensure that you fully understand the risks involved as trading leveraged products may not be suitable for all investors. Prior to trading, please take into account your level of experience, your investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/ she is permitted to use the services of BelFx Limited based on the legal requirements in his/ her country of residence. BelFx Limited does not provide services to residents of the USA, Japan, Belize, Canada and Russia.