Depends:
1. Overnight holding is allowed on all FundedVerse account types — both during the Challenge phases and on the funded (simulated live) account. There are no restrictions on keeping positions open overnight.
2. Weekend and public holiday holding depends on the account type:
· Challenge accounts (1-Step and 2-Step evaluation phases): Weekend and holiday holding is allowed. You may keep positions open through Friday market close and into Monday's reopening, or through any public holiday market closure.
· Funded (simulated live) accounts: Weekend and holiday holding is not allowed. All open positions and pending orders must be closed before the market closes on Friday, or before any public holiday closure, or before any rollover/market break exceeding 2 hours. We recommend closing all trades manually — otherwise, the system may will automatically close them or the profit generated by those trades can be excluded from the calculation of the rewards.
The same principle applies to any market closure connected to a public holiday. For example, if Monday is a bank holiday and markets are closed, you must close all positions before Friday's market close on your funded account — just as you would for a regular weekend.
Swap charges on overnight positions:
Positions held overnight will accumulate swap charges, which count toward your daily loss calculation. Be especially mindful of triple swap days:
· Forex & Commodities: triple swaps on Wednesday
· Indices & Crypto: triple swaps on Friday
For example, holding a Gold (XAUUSD) position through Wednesday night means you'll be charged three days' worth of swaps in one go, which can significantly impact your floating P&L and potentially trigger a drawdown breach if not monitored.
Swap charges do not apply if you have selected the Swap-Free add-on at checkout.