Does Plus500 charge an overnight fee?

The overnight funding amount is either added to or subtracted from your account whenever a position is left open after a certain cut-off time (the “Overnight Funding Time”).

The formula used to calculate the daily overnight funding amount of a position is:
Trade Size * Opening Rate * Daily Overnight Funding %

The overnight funding time and the daily overnight funding percentage can be found in the “Details” link next to the instrument’s name in the main screen of the trading platform. For more information about fees, please read “Do you charge any fees?”