Rollover Interest or interest daily

Rollover Interest or interest dailyWhich is a form of income you earn brokerage firms trading in currency exchange for the services provided by you.$ When you want to buy a lot of euros for example, you buy it and not push 100,000 euros of which only $ 500Deducted from your account temporarily margin user.You will have a temporary amount of 100,000 euros is required to return the company will retain the full profit for yourself that sold itThe higher price that sold it at a lower price the difference will be deducted from your account and you will bear the entire loss.If, in fact, the brokerage firm gives you a temporary loan worth 100,000 euros to have him back in full.In the international currency market to be a loan one day.When you buy a lot of euros at the hope that it sells at a higher price they must sell the Lot on the same dayTo return the 100,000 euros for the company and retain the full profits for yourself.But what if the euro did not rise on this day?Do you sell a loss?It may be better for you to wait until the next day the euro may rise and need to sell at a loss.It was in this Ajrif today ..!!Feltentzer another day and so on until the price rises, is this possible?Yes possible .. But cost you some money.How so?Almlbg say that you buy you a brokerage firm based on your request is a loan must be fully back on the same dayIf you want to wait for the next day will be required to pay interest on this amount, which still booked in your name.Why?You are still a barrier to the amount of 100,000 Euros in your name if you have to end the deal for the company was able to lendTo a customer or someone else to put it in a bank and get interest every day.Vhdzk the last days of this amount require you to pay interest on the day of each lot maintained by more than 24 hours.How much of this interest daily?- $ Vary from company to company, but the vast majority of companies get an amount ranging between 8$ 20 per day for each lot in the Lot = 100,000 units of base currency account in any normalThe Mini is in the Lot = 10,000 units of base currency in the account of any suction Standard RoomsCalculating the amount of $ 1 per day in interest for each lot.Change the daily interest rates between now and then because it is calculated on the basis of certain no need for mentioning it here. Also vary fromCurrency to another.It will be through the workstation that you use in your business with the brokerage company to have constant value of interestDaily to be paid for croaker for each currency purchase.For example: if you have a regular account where one Lot = 100,000 units of base currency and you have purchasedLott sold or euros, and you want to wait and not close the deal for the next day you will calculate the amount of $ 10 per dayUntil the end of the deal. But if you have purchased or sold the lot of the Japanese Yen you calculated the amount of $ 15 per day untilEnd of the deal.Valvaúdh vary depending on the currency value will also vary from time to time. Will be aware of the value of the interestYou will be prompted by an ongoing basis. But generally graduate from the border that we have mentioned just now only rarely.Of course if you buy a currency and then sold it on the same day will not be charged interest to you.After EST in most cases, the amount of interest is added after 5 pm EST12 pm GMT.What does that mean?I mean, if you have to buy 1 lot EUR example, did not sell because the price is right for you until 12 pmGMT will be calculated daily interest on the lot and set off against the euro after the completion of the deal.So Aisthab to enter the process at a time close to 12 pm EDT, because if passed at 12Night and there are lot of you do not sell your name is still reserved area will cost you the daily interest.It is worth mentioning that at 12 pm GMT on Wednesday particular interest will be deducted for threeDays, or if you are in on Wednesday, you purchase a lot of yen did not sell before 12 pm GMTIt will be charged interest for the three days of profit after the completion of the transaction, or in addition to your loss that endedThe deal at a loss.Why Wednesday in particular?Because it compensates the weekend on Saturday and Sunday.As you can see the daily interest is part of the costs of any transaction you enter must be put into consideration when calculating theProfit and loss.We said earlier that the equation of profit and loss are as follows:Profit or loss = number of contracts (lots) * points * value of difference pointIn order to be placed in the daily interest account, profit and loss equation as follows:Profit or loss = number of contracts (lots) * points * difference value point - the number of lots (lot * (number of days *Daily interest.This is the equation for the full and final profit and loss account and that they must save.We reaffirm that the interest is calculated daily you will not, except in case you did not complete the deal before 12 amNight GMT.Take the examplesExample 1USD / CHF = you purchase Lot 2 Swiss francs at 1.4520 amUSD / CHF = and then you sold them after 12 pm the same day at $ 1.4580Calculate your profit Okhsartk assuming that the point value = $ 6 and that the daily interest = $ 10 per lot.Answer:First, calculate the difference in points of the equation of francs.1 - * (points difference = ((sale price - purchase price) * 1000060 points loss. - = 1 - * (10000 * (1.4520-1.4580)) =Now we calculate the actual loss, but you did not end the process before 12 o'clock at night.Profit or loss = (number of contracts (lots) * * points difference point value) - (number of contracts (lots) * number of days *Interest daily).= $ 740 ($ 10 * 1 * 2) - (6 * 60 - * 2) =Your loss is $ 720 on the deal, it added $ 10 as interest every day on the lot you have purchased you calculatedBeing the deal did not end until after 12 o'clock at night, even if you end the transaction before 12 o'clock at night, one minute you will notYou calculated the interest, it reminds you that Psondrella?!!Example 2GBP / USD = you sell 3 lots at £ 1.5250Then passed through 12 pm GMT for consecutive days before the buy back price of LE 3 lots. GBP / USD = 1.5185Calculate your profit or loss on the assumption that the point value = $ 10 and daily interest = $ 12 per lotAnswer:First, calculate the difference in points of the equation for pound.Points difference = (sale price - purchase price) * 1000065 points profit. = 10000 * (1.5185 to 1.5250) =Now we calculate the actual profit, has gone 12 o'clock at night twice before completing any transaction, we will demand the benefits of two days.Profit or loss = (number of contracts (lots) * * points difference point value) - (number of contracts (lots) * number of days *Interest daily).$ 1,878 = (12 * 2 * 3) - (10 * 65 * 3) =It was a profit from the deal = $ 1950 but $ 72 is deducted as interest on 3 lots for two days.Example 3USD / JPY = you buy 1 lot at 124.23 yenUSD / JPY = and you sold before 12 pm the same day at $ 123.81Vahsb your profit or loss on the assumption that the value of the point = 8 $ and daily interest = $ 9.5 for each lot.Answer:First, calculate the difference in points of the equation for Palin.1 - * (points difference = ((sale price - purchase price) * 10042 points profit. = 1 -* (100 * (124.23 to 123.81)) =Now we calculate the actual profit, and where we finished the deal the same day before 12 pm will not be charged interestDaily.Profit or loss = (number of contracts (lots) * * points difference point value) - (number of contracts (lots) * number of days *Interest daily).= $ 336 ($ 9.5 * 0 * 1) - (8 * 42 * 1) =Example 4EUR / USD =. I sell lot 2 euros at 9850EUR / USD =. Then you Bashraúhma  over his other after 12 pm on Wednesday at 9875Vahsb your profit or loss on the assumption that the point value = $ 10 and daily interest = $ 8 for each lot.Answer:First, calculate the difference in points of the equation for the euroPoints difference = (sale price - purchase price) * 1000025 - = 10000 * (0.9875 - 0.9850) =Now we calculate the actual loss, but it passed 12 pm on Wednesday, before the very end the transaction will beInterest for 3 days.Profit or loss = (number of contracts (lots) * * points difference point value) - (number of contracts (lots) * number of days *Interest daily).$ 548 - = (8 * 3 * 2) - (10 * 25 - * 2) =It was your loss on the deal, $ 500 has been calculating the interest on the 2 lot for three days of the passage at 12The night of Wednesday, the day the only interest is charged it for three days and to compensate for on holidaySaturday and Sunday.Interest and SharaWe have allocated a separate topic to talk about the position of Islamic law from trading in currencies.Although there is disagreement on the prohibition of interest is where the daily view of some scholars that it is not forbidden,However, the majority say in our knowledge forbidden.You are taking the opinion of the chaperones for the benefits of daily What is the way to avoid violation of Islamic law?There are two ways:First, that Atsber a deal to more than a day in order to avoid to keep it with you after 12 o'clock at night to avoidPayment of benefits.And not worry that the natural that 90% of the deals expire on the same day, but sometimes at the same time, and inMost of the time you will not need to rotate the deal for another day whether you're someone who takes the prohibition of interest or analysis.Second, there is some brokerage firms in the currency refrain from taking benefits for Muslim clients you can handleWith it.We have put in the page source addresses of some companies that do not take the benefits of daily customers, where MuslimsAs a source of income from the customers you can Spread the Muslims of these companies only difference between the price of buying and sellingDealing with these companies if you wish.Open and close the dealYou know in the currency market you can get a profit from trading, regardless of whether the currency marketGoing up or down.The currency which it expects to increase purchase price will start low and waiting to rise the price to sell at the high priceAnd you get the difference as profit.And the currency which it expects to begin selling low price high and wait to drop the price to re-purchase priceLow and keep the difference as profit.. Open position when the process begins, whether selling or Hraoua say: You have opened the package. Close position and end the process when selling or Hraoua say: You have closed a dealAnd when you start a deal will not be able to tell whether you've won or lost until the end the deal.For example: if we assume that you opened the package - launched - buy 1 lot EUR on the basis of your prospect that the price of the euroWill rise.After you buy the euro will not know whether you win or lose up to sell the euro, which you have closed - end -Deal.If you sold it at a higher price than the purchase price to be profitable but sold it at a lower price than the purchase price be the loser.The deal, which begins buying end selling.In terms of financial markets, we say:The deal, which closed the sale of open purchase.After you close the deal to know your profit or loss.Similarly, if we assume that you opened the package - launched - sell 1 lot EUR on the basis of your prospect that the price of the euroWill decrease.After selling the euro will not know whether you win or lose until you buy the euro, which you have closed -End - the deal.If purchased at a lower price than the selling price to be profitable if purchased at a higher price than the selling price to be a loser.The deal, which ends begin to sell to buy.In terms of financial markets, says:The deal, which closed the sale of open purchase.So you can understand the opening and closing of the transaction as follows:Open the deal meant the beginning of the process, whether buying or selling of currency.And close the deal means the end of the process, whether the sale or purchase of currency exchange.Enter and exit point entry point and exit point. GBP / USD = When you open a deal to purchase Lot 2 LE for example, and at 1.5245. GBP / USD = and then close the deal to sell it at 1.5280. We say that the point of entry is 1.5245 and 1.5280 is the point of exitUSD / JPY = When you open a deal to sell 1 lot at 123.52 yen. USD / JPY = buy it and then close the deal at 123.70. Say that the entry point is 123.52, and the exit point is 123.70Is the price at which open when the deal. : Enter point by drop entryIs the price at which it closes the deal. : Exit point and exit pointBefore you open a transaction will not care about high or low currency rates.But after a deal to open Hraoua or selling, the more you care about what is the currency ..!!Because, as the price will be determined as if you are a winner or loser.Therefore, we say that the price at which open when the transaction is called a point of entry, so you be logged on to the market, including hisBeing built.Therefore we say that the price when the deal closes, called the exit point, because you then will not be out of the marketThen you care about the direction of price movement.