Brokers overnight interest rate

• 03/02/2025 at 4:20 PM #244542
  Roger B.

  This is a really helpful snippet of code. I had been analysing the IG overnight cost as it has eaten away substantial profit. Incorporating this code in any strategy will visualize whether the market-strategy combo is a match cost-wise … big thanks!

   

  

  Roger B.

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  03/02/2025 at 5:32 PM #244545
  ProfitAlgos

   

  Interesting thread! This discussion has several parallels with another thread. Feel free to check it out:

  Algos – No Night Fees (All Vendors)

   

  

  ProfitAlgos

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  03/03/2025 at 8:40 PM #244604
  jebus89

  Overnight fees are crazy.. Ive paid so much to IG these past few years.. Last year i made in profit the same amount i paid in overnight fees.. Meaning if i had paid 0 in overnight fees i would have had 100% more profits.. Sadly many of my algos show significant better results holding overnight..

  

  jebus89

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  03/04/2025 at 9:48 AM #244615
  Snålänningen

  jebus89 wrote:

  Overnight fees are crazy.. Ive paid so much to IG these past few years.. Last year i made in profit the same amount i paid in overnight fees.. Meaning if i had paid 0 in overnight fees i would have had 100% more profits.. Sadly many of my algos show significant better results holding overnight..

  Good to see you Jebus89! You dont know me, but when I started out, I read a bunch for your longer threads on this forum. Those helped a lot, so thanks so much! 🙂

  Ohh, the overnight fee’s indeed eats up a lot of the profit… Does that mean your last year ended up +- 0?

  

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