Can I Hold Trades Overnight and Over the Weekend?

Weekend Trading at Pivex: What You Need to Know

At Pivex, you have the flexibility to hold trades over the weekend, but the availability depends on the asset class you’re trading. Below, we’ve broken down the rules and conditions you need to be aware of.

Weekend Trading Availability

Cryptocurrencies: Cryptocurrency markets operate 24/7 at Pivex, meaning you can trade them at any time, including weekends. If you’re trading pairs like BTC/USD or ETH/USD, you can both hold and actively manage your positions throughout the weekend without restrictions.

Traditional Markets (e.g., Stocks, Indices): Traditional financial markets such as stocks and indices follow standard exchange schedules. These markets close over the weekend and are not available for trading on Saturdays and Sundays. However, you are allowed to keep these positions open during the weekend.

Can I Hold Trades Overnight and Over the Weekend?

Yes, you can hold trades overnight and over the weekend at Pivex, but there are a few things to consider:

No Restrictions: You are free to hold positions overnight and over the weekend in both your Challenge and Pivex Trader accounts without any restrictions.

Swap Fees Apply: Swap fees may apply for holding positions overnight, depending on the asset class, position size, and conditions set by our liquidity providers. These fees reflect the cost of rolling over your positions to the next trading day and vary between instruments. Traders should always review the swap rates in the platform before placing trades.

Impact on Drawdown: The value of your open positions may fluctuate due to market movements while they are held overnight or through the weekend. These fluctuations could affect your drawdown limits, so it’s important to monitor your risk exposure.

Important Notes:

• Overnight and weekend holding is allowed during both the Trading Challenge and Pivex Traders stages.

• Swap fees are not fixed and may vary depending on market conditions and instrument type.

• Market volatility can impact your open positions, so always factor in the drawdown limits when planning to hold trades.

At Pivex, you can trade cryptocurrencies during the weekend and hold traditional assets while markets are closed. Swap fees may apply, and their impact depends on several factors, including the asset traded and position size. Be sure to factor in both market risk and potential rollover costs when deciding to hold positions overnight or over the weekend.

If you have any further questions about weekend trading or need assistance with your trades, feel free to reach out to our support team via Live Chat or support@pivex.com. We’re here to ensure you have the best trading experience.