Quote from: exxe on October 31, 2015, 01:46:44 PM

To avoid any misunderstandings: The overnight charges are listed on our Fees page (https://1broker.com/?c=about_fees) and the exact amount of charges for open positions can be calculated (in advance) with our Overnight Financing Calculator (https://1broker.com/?c=overnight_financing_calculator).

Especially with high-leveraged positions the overnight charges can get quite big and I suggest to trade with smaller leverages, if that becomes a problem.
However, we only charge around 4% per year (for forex markets). Compared to other trading platforms, this is quite low. We have no plans to reduce this specific rate in the near future.

I also want to take this opportunity to cite our help page, which explains why theses charges are necessary:

Quote

Leveraged positions (leverage > 1) are a margined product. You are in effect depositing only a small fraction of the overall market value of the trade, which allows you to hold much larger positions than if you were buying the shares outright. So for instance, currently just 1 BTC would be needed to buy a contract representing more than 5,000$ worth of blue-chip shares. You are effectively 'borrowing' the difference from 1Broker, hence the financing charges.

best regards!

Thanks for explaining.