Web Trader MT5
Tom-Next is the rollover adjustment applied when a spot foreign-exchange position is carried from one business day into the next. The name comes from “tomorrow-next,” the two settlement dates involved. The adjustment mainly reflects the difference between short-term interest rates in the two currencies. Holding the currency with the higher rate can sometimes create a credit, while holding the lower-rate currency can create a charge, although provider costs also matter. Wednesday rollovers often include extra days to account for weekend settlement. The number shown by a broker may be called swap, rollover, financing, or tom-next points.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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