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, but weekend holding is not allowed on FundedNext Accounts.
Traders are advised to also keep in mind that swap charges apply in swap accounts and may affect your 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 are allowed to hold your positions overnight. There are no restrictions in place to prevent traders from doing this.
What about holding trades over the weekend?
Holding trades over the weekend on an account depends on the type of account you are using. Weekend holding is allowed on the Challenge Accounts, Free Monthly Competition Accounts, and Free Trial Accounts at FundedNext. However, traders are not allowed to hold their trades over the weekend in any FundedNext Accounts. All running positions must be closed before market closure or for any rollover exceeding a two-hour duration.
Here is a list of all the accounts where traders can hold their trades over the weekend:
Stellar 1-Step Challenge
Stellar 2-Step Challenge
Stellar Lite Challenge
Once traders transition to their FundedNext Account (after passing the Challenge), they can not hold their positions over the weekend.
What happens if I hold a position/order after Friday, or if there is a holiday?
You won’t be able to hold trades in your FundedNext Account. All positions/orders must be closed before the market closes, or rollover (market breaks) is longer than 2 hours. So, we recommend closing all running/pending orders manually; otherwise, the system will automatically close all the positions/pending orders.
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: Swap will not be applicable for the Swap-Free Account.