News Rule

These rules apply to Legacy Funded Accounts and All Phases of the Advanced Model

Trading Restrictions Around Economic News Releases:

• Trade Timing:

  • Trades must not be initiated within 5 minutes before or after a high economic news release.

• Permissible Orders:

  • Positions opened more than 5 minutes before a news release may be held through the news event.

  • Limit orders set more than 5 minutes before a news release, with predefined Stop Loss (SL) and Take Profit (TP), are allowed if activated during the release.

• Prohibited Actions:

  • Manual opening or closing of trades within 5 minutes before or after a high economic news release, Or during a high economic news release is strictly prohibited.
  • Moving Stop Loss (SL) or Take Profit (TP) during this time is also prohibited.
  • Placing, editing, or canceling limit orders within 5 minutes before or after a high economic news release, Or during a high economic news release is also strictly prohibited.
• Consequences:
  • Violation will lead to a soft breach.
• News Source:
  • We utilize Forex Factory for news-related releases(MT5 server time).

• Affected News Releases:

  • This rule applies to all pairs on the following news releases:
    • U.S. Consumer Price Index (CPI)
    • Federal Open Market Committee (FOMC) Statement
    • FOMC Meeting
    • Non-Farm Employment Report
    • Flash Manufacturing and Services (PMI) 

• Red Folder News Events:

  • For red folder news events impacting a specific currency (e.g., GBP), trading is restricted for all pairs involving that currency(e.g., GBPUSD,GBPJPY)  and any indices(e.g., FTSE100)  priced in that currency.
  • For all-day red events, trading is restricted for all pairs involving the corresponding currency for the entire day.

• Speeches:

  • If a speech is labelled red on Forex Factory, you must wait for the speech to end. Only after 5 minutes can you resume trading freely. During this time, all the above rules apply.

Example A:

A news event is set for 12:30 PM, which means you cannot enter new positions or modify existing ones from 12:25 to 12:35 PM. However, existing take-profit, stop-loss, and limit orders will remain unaffected. Trading is restricted for all pairs involving USD and for any indices (e.g., DJ30) priced in USD during this time window.

Example B:

A news event is scheduled for the entire day, meaning you cannot enter new positions or modify existing ones from five minutes before that day until five minutes after that day. However, existing take-profit, stop-loss, and limit orders will remain unaffected. Trading is restricted for all pairs involving EUR and for any indices (e.g., DE30) priced in EUR during this time window.

*News releases which at our discretion will be announced prior to their release via email can not be traded for the duration mentioned in the email.