Frequently Asked Questions
Do I have to close my positions overnight?
Australian clients holding an FTMO Account Swing are not required to close their positions overnight or during the weekend.
However, if you become a professional trader and get a FTMO Account with 1:100 leverage, we require you to close your positions just before the markets close for the weekend or if the rollover (market break) is longer than 2 hours. Our Australian professional FTMO Traders having the FTMO Account with 1:100 leverage must respect the market timings. Every asset class and its respective instruments might have different trading hours that have to be adhered to.
Standard market hours are visible in the trading platforms and at our Symbols site, however, trading hours are routinely subject to changes based on major holidays or other events. All changes to standard market hours are announced in the Trading Updates section and we highly recommend visiting this page regularly.
section and we highly recommend visiting this page regularly.
In MetaTrader, when you open the Market Watch (Ctrl+M), right-click on the instrument of your interest, and choose ‘Specification’. In the dialogue window, scroll down and you can see the ‘Trade’ hours of the subject instrument. These are the standard market hours applicable most days (unless specified otherwise in the Trading Updates).
In the cTrader platform, open Markets – right-click on the instrument of your interest, and choose ‘Market Symbol’. The trade hours will be displayed in the same dialogue window.
If you trade cryptocurrencies, some can be traded during specific hours of the weekend as well.