Overnight funding WTI BRENT

[dwp102]

How are the overnight charges calculated at the moment? I held a £10 point position on demo last night and the charges were £300 😱 How long will these charges remain in place? 

[Caseynotes]

9 minutes ago, dwp102 said:

How are the overnight charges calculated at the moment? I held a £10 point position on demo last night and the charges were £300 😱 How long will these charges remain in place? 

Hi, the key is to keep an eye on the futures prices, if there is a big difference between the first month and the next month there will be high fees on longs so may be worth closing the trade before 10 pm (UK) and opening again after.

More fulsome explanation from IG in this thread;