Forex Rollover Interest Strategy?

I have a joint account and an individual account with the same Forex broker. Would it be illegal if i were to go long on one account and short on the second account on the same currency? The goal is to collect the rollover interest after a week. It seems like a strategy that’s too good to be true.Would i suffer any tax consequences if i transfer funds from the account with the capital gains to the account with the capital loses to make things equal again? The reason i ask is because the joint account is co-owned by someone else.The reason i can’t short and long the same currency on one account is because the broker’s trading platform doesn’t allow it.

Forex Rollover Interest Strategy?


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