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FundedFirm Weekend Holding Rule

The Simple Answer

FundedFirm places no restrictions on overnight or weekend holding. You are free to carry positions across sessions or over the weekend, on both the evaluation and the funded account.

The firm supports swing trading through macro events and multi-day trends, and there is no maximum time limit on how long you take. 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 FundedFirm weekend holding rules apply across different account types and stages.

Challenge Type Evaluation Phase Funded Phase
Instant N/A Allowed
1 Step (Step 1) Allowed Allowed
2 Step (Step 2) Allowed Allowed

Breakdown by Account Type

Instant

The Instant account has no evaluation phase. Weekend holding is allowed on the funded account, with no restriction on carrying positions across sessions or the weekend.

1 Step (Step 1)

On the Step 1 evaluation model and its funded account, weekend holding is allowed. Positions can be held over the weekend with no firm restriction, with swap costs and weekend gap risk to plan for.

2 Step (Step 2)

The Step 2 model follows the same rule. Weekend holding is allowed across both phases and the funded account, with no requirement to close before the weekend.

Swap and Triple Swap

Swap fees apply on positions held overnight and over the weekend, based on standard market conditions for each instrument. FundedFirm 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 FundedFirm, so weekend holding does not trigger a violation on any account. The firm places no restrictions on overnight or weekend holding. The risks are market based, mainly the weekend gap and thin liquidity when the market reopens, plus swap costs on positions held over the weekend. Note that the daily and overall drawdown limits still apply, so a weekend gap should not push the account past them.

Final Comments

FundedFirm places no restrictions on overnight or weekend holding across its Step 1, Step 2, and Instant accounts, which suits swing and position traders. Positions can be carried through macro events and multi-day trends with no firm-imposed close.

The main costs and risks to plan for are swap fees on positions held over the weekend, the weekend gap when the market reopens, and the daily and overall drawdown limits, which a large gap could breach. That market risk remains the trader’s responsibility.

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FAQ

Is weekend holding allowed at FundedFirm?

Yes. FundedFirm places no restrictions on overnight or weekend holding, across the Step 1, Step 2, and Instant accounts.

Is there a penalty for holding over the weekend?

No weekend specific rule. But the daily and overall drawdown limits still apply, so a weekend gap should not breach them.

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.

Does the rule differ between account types?

No. Weekend holding is allowed across Step 1, Step 2, and Instant. Instant has no evaluation phase, so the rule applies to its funded stage.

What is the main risk of holding over the weekend?

The weekend gap. Prices can open well away from Friday’s close and could breach a drawdown limit, so size positions accordingly.