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 periods 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, central bank announcements, or geopolitical developments can affect market sentiment. Consequently, FNmarkets may adjust overnight fees in response to these events to reflect changing market conditions.
4. Broker Policy:
FNmarkets regularly reviews its fee structure to ensure competitiveness and fairness. Adjustments to overnight fees may be made as part of this ongoing review process to maintain transparent and equitable pricing for traders.
5. Dormant Account Policy:
Please note that dormant account fees may apply to eligible live trading accounts that remain inactive for more than 6 months, in accordance with our dormant account policy.
Traders are encouraged to stay informed about potential changes to effectively manage their trading strategies and costs. For the latest updates and details regarding fees, refunds, and applicable policies, please refer to our official website or contact our customer support team