I have a very important question with overnight positions?
With FXFirst
demo account, any position that's held overnight is closed at the end of the day. Let's say I have a buy order and I entered it at let's say 10pm. I entered at let's say 1.320 and then price dropped to 1.310. at midnight my position is closed and I lost 10 pips and then i am still holding the same buy order but now it shows i entered at 1.310.... I find it not nice not being able to hold positions with them overnight if they constantly open and reopen my positions...
Is this normal or not? Which brokers do that? and which brokers don't do that? I think with CMS you get to keep a position overnight and they just charge you 1 pip... they don't close and reopen.
All your input will be appreciated. Thanks.
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