renewal/rollover fees when market is closed?
I opened a small account with Easy Forex (before it became apparent they they have a reputation for dodgy practices) and have noticed that they have whipped out a renewal fee for friday 22:00 AND saturday 22:00 and no doubt I will have another for Sunday.
How can they charge a renewal fee when the market is closed from 22:00 friday (UK time)?
The renewal fee friday night should cover the renewal for the next trading day, which is from 22:00 sunday, so i should surely not be getting charged another fee for saturday and sunday when there is no trading?
I want to get this clear before I go kick some ass.
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