At Top One Trader, we aim to promote responsible trading and proper risk management. As part of this, we have specific rules around weekend trading that you need to be aware of. These rules are designed to protect your capital and maintain stability in the market.
No Holding Trades Over the Weekend
One key rule for all Top One Trader accounts is that you are not allowed to hold trades over the weekend. This means that all trades must be closed by Friday 5 PM EST. Any open trades that are still active at this time will be automatically closed out.
If you've purchased the 'Weekend Holding' Add-On, you are allowed to hold your trades over the weekend and your trades will not be closed out by Friday 5PM EST.
This policy minimizes the risk of gaps or unpredictable market movements that often occur over the weekend when markets are closed. By ensuring all trades are closed, we help you avoid unexpected losses when markets reopen on Monday.
Crypto Trading Over the Weekend
While traditional markets are closed over the weekend, cryptocurrency trading is an exception. You are allowed to trade cryptocurrencies during the weekend as long as these trades are opened after Friday 5 PM EST.
This gives traders the flexibility to take advantage of the 24/7 cryptocurrency market without breaching the weekend trading rule for other instruments.
Summary of Weekend Trading Rules
No holding trades over the weekend. All trades must be closed by Friday 5 PM EST.
Any trade left open at 5 PM EST on Friday will be automatically closed.
Crypto trading is allowed over the weekend, but only if the trades are opened after Friday 5 PM EST.
By adhering to these weekend trading rules, you ensure that your account remains compliant and protected against market volatility that could occur during non-trading hours.