A rollover occurs when a CFD contract expires and is replaced with a new one. If you're holding an open position, Fortrade will automatically close the old contract and reopen a new one, adjusting your account for the price difference between contracts.
Example – Crude Oil Short Position:
You hold a Sell position of 1,000 barrels
Current contract: 45.50 (Bid) / 45.54 (Ask)
New contract: 46.50 (Bid) / 46.54 (Ask)
Difference: +1 USD
Since it’s a Sell position, the old contract closes at 45.54 (Ask)
New contract opens at 46.50 (Bid)
Calculation: (46.50 – 45.54) × 1,000 = +960 USD
👉 This credit offsets the price gap. You’re charged only the spread difference.
📌 Formula: (New Bid – Old Ask) × Volume = Rollover Adjustment (credit or charge)