If you plan to hold one or more orders open over a long period of time, please ensure that you have adequate balance of funds left in your trading account. This is to avoid your orders being forcibly liquidated if the Overnight Fees are larger than your available margin.
The Overnight Fee will be charged at 6:00 (GMT+8, Singapore time) daily. The fee will be equivalent to Margin x Leverage x 0.03%.
When you have multiple open orders, the Overnight Fee will be charged according to the time the orders were opened.
Here is how it works:
Note: Please be advised that the system may charge an Overnight Fee for orders placed from 6:00 am to 6:05 am (GMT+8). We recommend not placing orders during this time.