Changes : Roll Over Calculation Changes for Sharia Accounts | MRG Forex

Oct 20, 2017

We would like to announce that the new roll over fee calculation will be as follows :

Roll-over fee = (commission x lot) + (spread x lot x value per point)

Roll-over occurs when instrument contract(s) is expired at the end of the month and have to re-invested again (roll-over) for the next month.

Example :

You have 3 trades at the end of the month (expiring maturity) and have to be re-invested again for the next month (roll-over) :

  • Sell EURUSD @1.14556 ( 0.2 lot )
  • Sell GBPUSD @1.52662 ( 1 lot )
  • Buy XAUUSD @1.288.98 (1 lot)

The roll-over cost for your trades will be as follows :

  • Roll-over fee cost for EURUSD :
    ($20 x 0.2) + (0.8 x 0.2 x $10) = $5.6
  • Roll-over fee cost for GBPUSD :
    ($20 x 1) + (0.8 x 1 x $10) = $28
  • Roll-over fee cost for XAUUSD
    ($20 x 1) + (3 x 1 x $10) = $50

Total roll-over fee = $83.6

This changes will be starts from November 2017,
thank you for using the services from MRG Forex.

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