Yes, at BrightFunded, we allow traders to hold positions over the weekend.
We understand that some trading strategies involve holding positions for longer periods, and we want to provide the flexibility necessary for various trading styles. However, we advise you to be aware of the potential risks associated with holding positions over the weekend. Events that occur when the markets are closed could result in significant price gaps when they reopen, which could impact your positions. As always, sound risk management is crucial to successful trading.
What are the risks of holding trades over the weekend?
Weekend news risk: Major economic headlines, geopolitical events, or unexpected announcements can trigger sharp moves once markets reopen..
Swap/rollover costs: Keeping positions open overnight may incur rollover charges, especially in forex, based on interest-rate differences between the currencies
Weekend gaps: Markets may reopen on Monday at a very different price than Friday’s close, which can amplify profits or losses.
Shifts in sentiment: Investor confidence can change over the weekend, causing prices to reprice quickly at the open.
Slippage: Due to gaps or thin liquidity, orders (including stop-loss and take-profit) may fill at a worse or unexpected price.
Should I hold trades over the weekend?
It depends on your strategy, your tolerance for uncertainty, and current market conditions. If your analysis supports staying in the trade and you’re comfortable with the potential for gaps, slippage, and weekend-driven volatility, holding may make sense. If not, closing positions before the weekend can be a safer choice to avoid unpredictable moves at the open.
⚠️ Important: We do not charge swap fees for holding trades overnight or over the weekend if you get the "Swap-Free Add-On" at the time of purchasing your Challenge.