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Trading Accounts

Interest Free Accounts

The Interest Free Account will be charged a daily management fee applicable for positions held open with JM Financial beyond the close of business day ("Management Fee"). Note, this will apply only to a contract or product which is not a future. 

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Trading Account Types

In becoming a client with JM Financial, it’s the beginning of a solid partnership that we take seriously. JM Financial accounts are empowered with the necessary tools to consolidate your trading expertise. But the first step is to choose which one of the three trading accounts types that will suit your investments. JM Financial Accounts provide traders with multiple tools and have the best overview to the markets before taking action.

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Swap rates

A forex swap rate or rollover is defined as the overnight interest added or deducted for holding a position open overnight, this can be earned or paid. Swap rates are determined by the overnight interest rate differential between the two currencies involved in the pair and whether the position is a buy ‘long’ or sell ‘short’.

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Trading Hours

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