Rollover is the amount you paid or earned for holding a position overnight. In simple terms rollover is also known as interest or swap. Each currency has an interest rate associated with it, and as forex is traded in pairs, every trade involves not only two different currencies, but their two different interest rates. If the interest rate on the currency you bought is higher than the interest rate of the currency you sold, then you will earn rollover (positive roll). If the interest rate on the currency you bought is lower than the interest rate on the currency you sold, then you will pay rollover (negative roll). Rollover can add a significant extra cost or profit to your trade.
Answers to common questions