The over night trades do not have a fee but they will either pay or earn rollover interest depending on which currency pair is bought and sold.
Traders can benefit from knowing about the different interest rates before buying and selling currencies. Also to be noted is the 10pm London time / 5pm Easter time when this happens. A position must be held at this time to earn / pay interest.
For more information about how to benefit from the carry trade take a look at FXCM information here :
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