Is IG Index's Tom Next fair?

keithmc2

Newbie
7 0
I have currently have a DFB short on AUD/USD with IG Index at £10 per point. The daily rollover costs is approx £20 per day. Is this a fair rollover given the interest rate of AUD versus USD ot is it a rip off?

Also a few months I had a long Mexican Peso versus USD with IG - but I don't recall receiving any carry which struck me as unfair !

If it is unfair is there a broker offering better TOM Next

Thank you
 

tar

Legendary member
10,441 1,313
Just checked fxcm for you they charge 1.7 pips on AUD/USD shorts ...
 

Hoggums

Senior member
2,176 877
I have currently have a DFB short on AUD/USD with IG Index at £10 per point. The daily rollover costs is approx £20 per day. Is this a fair rollover given the interest rate of AUD versus USD ot is it a rip off?

Also a few months I had a long Mexican Peso versus USD with IG - but I don't recall receiving any carry which struck me as unfair !

If it is unfair is there a broker offering better TOM Next

Thank you
Trade the Jun futures if you are going to hold more than a week.
 

tar

Legendary member
10,441 1,313
i was talking about fxcm forex account not SB account , however it should be the same i guess ...
 

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