At FNmarkets, overnight fees and refunds are subject to adjustments based on various market dynamics and internal policies:
1. Market Conditions: The fluctuation in overnight fees is primarily influenced by market volatility and liquidity. During times of high volatility or low liquidity, these fees may be revised to align with prevailing market conditions.
2. Interest Rates: Changes in global interest rates, particularly those set by central banks, can impact overnight fees. Higher interest rates generally lead to higher overnight fees for holding positions overnight.
3. Economic Events: Significant economic events such as economic data releases (like GDP reports), central bank announcements, or geopolitical developments can impact market sentiment. Consequently, FNmarkets may adjust overnight fees in response to these events to reflect changes in market dynamics.
4. Broker Policy: FNmarkets regularly reviews its fee structure to ensure competitiveness and fairness. Adjustments to overnight fees are made as part of this ongoing review process to provide transparent and equitable pricing for our traders.
Traders are encouraged to stay informed about these potential changes to effectively manage their trading strategies and costs. For the latest updates and details on overnight fees and refunds, please refer to our official website or contact our customer support team.