Frequently Asked Questions
Do I need to close my positions overnight?
In the FTMO Challenge or Verification, you don’t need to. During these stages, you can keep your positions open overnight and over the weekend as well.
However, once you become an FTMO Trader and managing the FTMO Account or FTMO Account Aggressive, 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 FTMO Traders having the FTMO Account or FTMO Account Aggressive must respect the market timings. Every asset class and its respective instruments might have different trading hours that have to be adhered to.
To find the tradeable hours of every individual instrument, you can refer to our Symbols site or go directly to your MetaTrader platform. 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. 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 weekends as well.
Also, the above restrictions don’t apply to FTMO Traders having the account type as FTMO Account Swing. Unlike FTMO Account or FTMO Account Aggressive, the FTMO Account Swing does not have restrictions for news trading nor holding trades over the weekend.