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FXIFY Weekend Holding Rule
The Simple Answer
Weekend holding at FXIFY is allowed on the One Phase, Two Phase, and Three Phase accounts, as well as the Lightning Challenge. You do not need to close positions over the weekend on these programs.
Instant Funding is the exception. The Instant Funding accounts, including Instant Funding Lite, operate under tighter risk control, and positions must be closed before the market shuts for the weekend. Overnight holding is allowed across the evaluation programs.
Below is a breakdown of how the FXIFY weekend holding rules apply across different account types and stages.
| Challenge Type | Evaluation Phase | Funded Phase |
|---|---|---|
| 1 Step (One Phase) | Allowed | Allowed |
| 2 Step (Two Phase) | Allowed | Allowed |
| 3 Step (Three Phase) | Allowed | Allowed |
| Instant (Instant Funding) | N/A | Not Allowed |
Breakdown by Account Type
1 Step (One Phase)
Weekend holding is allowed during the One Phase evaluation and on the funded account. Positions can be carried over the weekend, with spreads often widening when the market reopens.
2 Step (Two Phase)
Weekend holding is allowed across both evaluation phases and the funded account. There is no requirement to close positions before the weekend on the Two Phase program.
3 Step (Three Phase)
Weekend holding is allowed across all three evaluation phases and the funded account. The same flexibility applies, with weekend gap risk carried by the trader.
Instant (Instant Funding)
The Instant Funding accounts, including Instant Funding Lite, have no evaluation phase and apply tighter risk control. Weekend holding is not allowed, and positions must be closed before the market shuts for the weekend.
Swap and Triple Swap
Swap fees apply on positions held overnight or over the weekend on the programs that allow it, based on standard market conditions for each instrument. FXIFY 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
On the One Phase, Two Phase, Three Phase, and Lightning programs there is no weekend restriction, so weekend holding does not trigger a violation. On Instant Funding, weekend holding is not permitted. Positions must be closed before the market shuts for the weekend, since these accounts run under tighter risk control. Spreads can widen and liquidity can thin when the market reopens, so risk should be managed accordingly.
Final Comments
FXIFY allows weekend holding on its evaluation programs, the One Phase, Two Phase, and Three Phase accounts, plus the Lightning Challenge. These suit swing traders who want to carry positions from Friday to Monday. Instant Funding is the exception and requires positions to be closed before the weekend, since it runs under tighter risk control.
Traders who want to hold over the weekend should use one of the phase based programs rather than Instant Funding. Spreads can widen and weekend gaps can move prices sharply at the open, so position size and risk should reflect that. Swap costs on overnight and weekend positions remain the trader’s responsibility.
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FAQ
Is weekend holding allowed at FXIFY?
Yes on the One Phase, Two Phase, Three Phase, and Lightning programs. Instant Funding does not allow weekend holding.
Why can I not hold over the weekend on Instant Funding?
The Instant Funding accounts, including Instant Funding Lite, run under tighter risk control, so positions must be closed before the market shuts for the weekend.
Do I need to close positions overnight at FXIFY?
No. On the One, Two, and Three Phase accounts you do not need to close positions overnight. Spreads may widen during these periods.
Which FXIFY accounts are best for swing trading?
The One Phase, Two Phase, and Three Phase accounts, along with the Lightning Challenge, since they allow weekend holding.
Do swap fees apply over the weekend?
Yes. On the programs that allow weekend holding, swap fees apply on positions held overnight or over the weekend, based on standard market conditions.