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City Traders Imperium Weekend Holding Rule

The Simple Answer

City Traders Imperium allows holding positions overnight and over the weekend with no restrictions. There is no requirement to close before the weekend, so positions can be carried across the evaluation and funded stages.

The firm is built around longer-term and swing trading, and holding through the weekend and through news events is permitted. Swap fees apply on positions held overnight and over the weekend, and weekend gap risk applies when the market reopens.

Below is a breakdown of how the City Traders Imperium weekend holding rules apply across different account types and stages.

Challenge Type Evaluation Phase Funded Phase
1 Step Allowed Allowed
2 Step Allowed Allowed

Breakdown by Account Type

1 Step

Weekend holding is allowed during the evaluation and on the funded account. Positions can be carried over the weekend with no restriction.

2 Step

Weekend holding is allowed across both evaluation phases and the funded account. There is no requirement to close before the weekend, which suits multi-day and swing strategies.

Swap and Triple Swap

Swap fees apply on positions held overnight and over the weekend, based on standard market conditions for each instrument. City Traders Imperium does not publish a fixed triple swap schedule, so the standard market convention applies, where the rollover for a full weekend is charged on a single day during the week.

Instrument Triple Swap Day
FX pairs Wednesday
Metals Wednesday
Indices Friday
Other instruments Friday

Warning System for Weekend Holding Violations

There is no weekend restriction to breach at City Traders Imperium, so weekend holding does not trigger a violation on any account. The risks are market based, mainly the weekend gap and thin liquidity when the market reopens, plus swap costs that build up on positions held over the weekend.

Final Comments

City Traders Imperium allows weekend holding across the evaluation and funded accounts with no restrictions, which makes it well suited to swing and position traders. Holding through the weekend and through news events is permitted.

The main costs to plan for are swap fees on positions held over the weekend and the weekend gap when the market reopens. Prices can move sharply at the open, and that market risk remains the trader’s responsibility.

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FAQ

Is weekend holding allowed at City Traders Imperium?

Yes. Holding positions overnight and over the weekend is allowed with no restrictions, across the evaluation and funded accounts.

Is there a penalty for holding over the weekend?

No. There is no weekend specific rule. The risks are market based, mainly swap costs and the weekend gap.

Do swap fees apply over the weekend?

Yes. Swap fees apply on positions held overnight and over the weekend, based on standard market conditions for each instrument.

Is City Traders Imperium good for swing trading?

Yes. It allows weekend and overnight holding with no limits, which suits multi-day and swing strategies.

What is the main risk of holding over the weekend?

The weekend gap. Prices can open well away from Friday’s close, so position size should reflect that.