Are there overnight interest for US stock CFD products? How to calculate overnight interest?

The overnight interest for CFD products on US stocks is charged based on the annualized 4 of the contract value of the position actually held by the customer. The formula for calculating overnight interest is as follows:

    • Lot size * contract size * market price * long or short overnight interest (4) * trading days / 360 days

Example:

Buy 1 lot of Tesla stock CFD, the market price is 999 US dollars, hold the position overnight for one day, the overnight interest is 1.11 US dollars, the calculation method is as follows:

    • Lot size (1) * contract size (10) * market price (999) * long/short order overnight interest (4 ) * trading days (1) / 360 days = 1.11

For details, please check the overnight interest information for more US stock CFD products in the product specifications of MetaTrder 4 or Doo Prime official website – overnight interest.

Link: Doo Prime Official Site – Overnight Interest

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Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance. Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with us. You should seek independent professional advice if you do not understand the risks disclosed by us herein.

Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance. Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with us. You should seek independent professional advice if you do not understand the risks disclosed by us herein.