Overnight and weekend position restrictions apply only to the Standard account type. The Swing account type does not have any restrictions on holding positions overnight or over the weekend.
For Standard accounts, these restrictions apply only once you start trading on an FTMO Rewards Account. They do not apply during the Evaluation Process.
Evaluation Process
While trading during the Evaluation Process, the restriction does not apply regardless of the account type (Standard account or Swing). You are allowed to keep your positions open overnight and over the weekend.
This applies to both products:
- FTMO Challenge: 1-Step — the Evaluation consists of a single phase (FTMO Challenge).
- FTMO Challenge: 2-Step — the Evaluation consists of two phases (FTMO Challenge and Verification).
FTMO Rewards Account
Once you become an FTMO Verified Prop Trader and start trading on an FTMO Rewards Account, you are required to close your positions shortly before the markets close for the weekend or if the rollover (market break) lasts longer than 2 hours. An exception applies only to Swing type accounts.
These rules apply equally to traders who qualified through FTMO Challenge: 1-Step and FTMO Challenge: 2-Step.
Trading hours depend on the specific instrument and may vary due to market conditions, holidays, or other events. Current trading hours are always available directly in the trading platform or the Simulated Assets page and the Trading Updates page.