BizFOREX Interest Rate Calculation

BizFOREX interest rates are calculated on the account balances, and it is charged on the currency pairs currently held in customer positions. Moreover, BizFOREX calculates interest rates charged over-nightly after NY market close. 

BizFOREX interest charging is performed daily at 4pm EST. Hence, interest on the account balance is credited/charged after 4pm EST each day, with an appropriate entry in the transaction table of each account.