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Old 19-07-2004, 18:03   #1
dargane
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Join Date: Oct 2003
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Daily Rollover Question?

I am currently testing a version of the +27/-23 system in a demo account. I had a great day Friday with the GBP/USD, AUD/USD, and EUR/USD, however when I looked at my Account History I noticed something puzzline.

I am using a demo account from Integral Bank, and use 9am New York time as my starting point (1500 Integral Bank Time). On two of my trades, for some reason at 2359 Integral Bank Time my position was closed and another in the same direction opened at midnight.

The only thing I can think of is that this has something to do with a daily rollover cost. Essentially, I am paying another commission or spread on my trades that I keep for more than a day. Is this the same for any Forex broker, or just limited to Integral Bank?

On another note, has anyone used Integral Bank, or Interbank FX for real accounts? These are the two I have demoed with, and I'm curious what other's experiences are.
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