Is There Any Expiry Date For Forex Trading? | All About Money Online

Yes and no. When you trade a currency pair, that trade is set for delivery in 3 days. In other words, if you buy 100k of GBPUSD, you are buying 100,000 Pounds with US Dollars. However, Forex brokers “roll over” that contract every day. Rollover is the broker selling your 100k of GBPUSD after 1 day (or less) and buying a new 3-day “contract”. This goes on day after day until you sell the 100k of GBPUSD. If you wished to actually take delivery of the 100,000 Pounds, you contact your broker and tell them that and on the third day, you would pay $203,800 (currently) to get the 100,000 pounds.

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