Yes you can hold trades over the weekend.
FAQ Category: Two Phase PRO
[2 Phase Pro] Can I copy trade from my other FXIFY accounts or external accounts?
No, copy trading is not allowed on the 2 Phase PRO plan
[2 Phase Pro] How does trailing drawdown work for 2 Phase Pro?
There is no trailing drawdown for this challenge. Instead, it uses a static drawdown of 8% based on the initial account balance.
[2 Phase Pro] What’s the max and minimum trading days? Is there a specific time window to complete the profit targets?
The minimum number of trading days required is 3 profitable trading days per phase in order to pass the challenge, each day with 0.5% profit of the initial account balance.
This means that both your account balance AND equity (if there is an open trade) must be higher by at least 0.5% of the initial account balance at the end of the day (at 5 PM EST time). We strongly suggest to review the FAQ on this topic, by clicking on THIS LINK
There isn’t any maximum number of days, it can be indefinite, yet note the inactivity period of 60 days; if a trade is not placed for 60 calendar days in a row, the account will be breached due to inactivity.
[2 Phase Pro] What’s the daily drawdown?
The daily drawdown limit is 4% of the account balance, which represents the maximum loss allowed within a single trading day.