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September 24, 2016

Question:How long can I keep an order/position opened on MT4/MT5 platforms?

Answer:

As FBS does not have any restrictions on its MT4/MT5, you can hold open positions as long as you want.

FBS does not interfere and close the trades unless the margin level in the trading accounts goes below 30%.

This condition is the same for CFD too.

Overnight Swap Charges

Although you can hold your open positions running as long as you want, you must cover the costs for holding positions overnight.

There will be overnight swap charges for all financial instruments on FBS’s MT4/MT5.

These Swap Points may charge you or credit you for the difference of interest rates. Especially for minor Forex pairs, swap charges are bigger.

Swap points to not occur for Islamic swap-free accounts.

If you are participating a promotion of FBS, make sure that you follow the rules of the promotion.

For more information about FBS MT4 and MT5, please contact FBS support team from the Official Website.

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