what does it mean ............

[lzh007]

"impossible to make trade" in express platform

THX a lot

[FxClub_support]

"impossible to make trade" in express platform

THX a lot

Dear lzh007!

We need detailed description of the problem. Is it live or demo account? please explain step by step what exactly are you doing before the message appears?

[lzh007]

get it solved.
Another question, in express platform, after 9 pm GMT, a term called "position rollover" always charge me some little money. As my understanding, this is the daily interest. How is it calculated? Are we always charged?

THX a lot

[slombardi]

That's probably the SWAP charges. You'll get charged SWAP basically everywhere. Close your position prior to that time and you won't be charged anything. SWAP rates are tripled on Wednesday's, so make sure your positions are closed prior to that time every Wednesday.


This blurb is from this site. This applies to the Classic platform, so the terminology (i.e., "position rollover", "SWAP t/n") may be a little different. It's all the same stuff, though.

"Forex trading is a SPOT trading, which means that all trades are settled on the second business day after your position has been opened. SWAP operation is used to avoid the physical delivery of a currency. In essence, in the end of each trading day, all positions are closed and immediately re-opened at SWAP price. SWAP is executed automatically at 21:00 GMT.
In your trading report, you will see two lines: closing of position (SWAP t/n) and opening of the same position (SWAP open). Re-opening rate will be adjusted for SWAP pips. SWAP pips are determined by the interest rate for currencies that are used in the position. You can find our exact values of SWAP pips below.
Value date (date of delivery of currency) for trades carried from Wednesday to Thursday is Monday. Hence, SWAP pips will be calculated for three days".