Definition of Overnight Position
A trade that remains open past the daily rollover time (typically 5:00 PM EST / 10:00 PM GMT). Overnight positions may incur swap charges (or credits) depending on the interest rate differential.
At a glance
Term
Overnight Position
URL slug
overnight-position
Category
General
Short answer
A trade that remains open past the daily rollover time (typically 5:00 PM EST / 10:00 PM GMT).
Deep dives
/blog/what-is-swap-forex-overnight-financing-2026/, /guide/swap-free-account/, /blog/what-is-islamic-account-forex/
Example
Apply the definition: restate “Overnight Position” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “Overnight Position” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Overnight Position” page and reopen it when reading broker specs so definitions stay consistent.
Related deep dives
Practice tools:
Related terms
FAQ
A trade that remains open past the daily rollover time (typically 5:00 PM EST / 10:00 PM GMT).
Knowing the precise definition of “Overnight Position” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “Overnight Position” as loose slang while your broker/platform specification defines it more narrowly.