Can I leave trades open over the weekend?
Yes, you can leave trades open over the weekend. But be aware of volatility risks and potential market gaps.
Yes, at Noctorial, you can leave trades open over the weekend. We do not have restrictions in this regard: you can trade freely 24/7, as the respective asset's market allows.
This means that if you hold an active trade at the market close on Friday, it will not be closed automatically. It will remain open until you decide to manage it yourself.
Be aware that leaving trades open over the weekend involves certain operational risks, especially if there is major macro news or sharp price changes between Friday's close and Sunday night's open (known as an opening gap).
Additionally, swap fees (the cost of holding a position overnight) may apply, depending on the asset.
In summary: you can do it, but make sure you have a clear strategy if you decide to hold positions during the market close.
Important Note: Holding a trade open over the weekend (for example, one opened on Wednesday) is permitted. However, please be aware that opening trades just before the close (e.g., minutes before the market closes on Friday) with the intention of exploiting the opening gap is considered a Prohibited Practice (Gapping) and is grounds for disqualification.