Rules
Can I hold positions overnight and over the weekend?
Yes. Overnight and weekend holding are both permitted on all programs, as is trading during news releases.
Yes. Holding positions overnight and over the weekend is permitted on every program, and so is trading during news releases.
Why we allow these
Restricting them is common in this industry, and the reasoning is usually presented as risk management. In practice it penalises entire legitimate trading styles. A swing trader who cannot hold overnight is not being risk-managed; they are being prevented from trading their strategy at all.
Weekend gap risk and news volatility are real, but they are already bounded by the loss limits. A trader who holds through a gap and breaches the overall loss limit has breached it — the outcome is the same as any other breach, and no additional rule is needed.
What to consider before holding through a weekend
Weekend gaps can move price substantially before you have any opportunity to react. Because the limit is measured on equity including open positions, a gap can breach your limit at the Monday open with no chance to intervene. Size positions held over a weekend accordingly.
Swap and financing costs
Positions held overnight incur the usual financing adjustments, which are applied to the account in the normal way and count toward your balance.