Partial closing of positions is allowed intraday on Instant Funding or FLEX Challenge accounts as long as the total position is then closed within the same trading day.
Example: you open 1 lot on EURUSD in the morning and close 0.5 lot at noon to take some profit. The remaining 0.5 lot must be closed before the end of the same trading day (22:00 UTC). If you leave it open into the next day, that is a violation.
This rule exists so that one trade can't be split across several days to make results look more consistent than they are.
Traders are free to manage their trades and take partial profits or losses until the end of the trading day. However, if a trader wishes to hold a position overnight, the entire position must remain open. If the trader reduces the volume of the position during the day, the remaining portion must be closed by the end of that same trading day.
Violating this rule will result in the consistency score being reset, with repeated violations potentially resulting in the account being breached. Our goal is to protect traders who maintain real consistency from those who attempt to create an illusion of stability.
Key Points about the Partial Close Rule:
1. Holding a Trade Overnight: If you partially close a trade, the remaining portion cannot be held into the next trading day.
2. Definition of a Single Position: Positions opened within 30 minutes of each other on the same instrument will be considered a single, consolidated position for the purposes of this rule.
3. Violations: Carrying over a reduced, partially closed trading position to the next trading day is a violation of this rule.