Leeloo Trading Overnight Holding
The Simple Answer
Leeloo Trading permits holding positions through the market close during the practice phase only. On Performance Accounts, holding positions is not allowed at all, traders must close all positions 15 minutes before market close, and violators face account closure with forfeited balances.
The rule is published in the official KB article “2. Holding positions during the close.”
How the Overnight Holding Rule Works
Practice Accounts Allow It
Leeloo states: “Practice Accounts: Holding positions through the close of market (17:00 EST – 18:00 EST) is permitted during the practice phase.” The full mechanics of how Rithmic carries the position forward at the prior close price are documented on the same page.
Performance Accounts Strictly Prohibit It
By contrast: “Leeloo Performance Accounts: Holding positions on any Performance Account is not allowed. Traders must have all positions closed 15 minutes before market close. No positions may be held at the close of market under any circumstances. No overnight or end-of-session position holding is permitted. Any trader found holding open positions through the close of market will have their account closed and all associated balances forfeited.”
Final Thoughts
Leeloo Trading’s stark contrast between Practice Accounts (overnight holding permitted) and Performance Accounts (strictly prohibited with severe consequences) means traders must be especially careful once they move to a funded Performance Account.
Compare rules, pricing and live discounts across every prop firm in one place.
FAQ
Can you hold trades overnight on Leeloo Trading Practice Accounts?
Yes, holding positions through the market close is permitted during the practice phase.
Can you hold trades overnight on Leeloo Trading Performance Accounts?
No, holding positions is not allowed under any circumstances.
What happens if I hold a position through close on a Leeloo Performance Account?
The account is closed and all associated balances are forfeited.
How early must Performance Account positions be closed on Leeloo Trading?
15 minutes before market close.
Where is Leeloo Trading’s overnight holding policy published?
In the official KB article “2. Holding positions during the close.”