TL;DR: Yes, FundedNext allows traders to hold trades overnight across all current account types, including Stellar 1-Step, Stellar 2-Step, and Stellar Lite. Traders can hold trades over the weekend on Challenge Accounts and FundedNext Accounts.
Traders are also advised to keep in mind that swap charges apply in swap accounts and may affect their daily loss calculation. Make sure you are aware of triple swap days and how they impact your positions.
Can I hold trades overnight with FundedNext?
Yes. If you're trading with any of the accounts at FundedNext, you may hold your positions overnight. There are no restrictions in place to prevent traders from doing this.
What about holding trades over the weekend?
Weekend holding is allowed on the Challenge Accounts, FundedNext Account, Free Monthly Competition Accounts, and Free Trial Accounts at FundedNext.
Here is a list of all the accounts where traders can hold their trades over the weekend:
Stellar 1-Step Challenge and FundedNext Account
Stellar 2-Step Challenge and FundedNext Account
Stellar Lite Challenge and FundedNext Account
Swap Charges Apply to Overnight Holding
While you are allowed to hold positions overnight, these trades will accumulate swap charges, which
are calculated based on the instrument type
are visible directly in MT5, (Right-click on a pair > Select “Specification”)
do count toward your daily loss calculation
Triple Swap Days:
Forex & Commodities: 3x swaps on Wednesday
Indices & Crypto: 3x swaps on Friday
Example:
If you hold a gold (XAUUSD) position through Wednesday night, you'll be charged three days’ worth of swaps. This affects your floating P&L and can trigger risk-related breaches if not monitored.
Note: The Swap will not apply to the Swap-Free Account.