Prop Firm News Trading Rules: The Exact Minutes at 18 Firms
Two minutes either side is the most common news window, but the penalty ranges from losing 60% of one trade's profit to losing the account. Here is the rule at 18 firms.
Most forex and CFD prop firms allow news trading during the evaluation but restrict it once you are funded, usually by banning the opening or closing of trades on affected instruments for two to five minutes either side of a high impact release. We checked the exact window at 18 firms; the full table is below. A minority restrict it in the evaluation as well, and several futures firms place no limit at all. The penalty ranges from losing the profit on the offending trades to losing the account, so the exact wording matters.
How news trading rules work
A news rule has five parts, and firms vary on each of them.
- Which events. Most firms restrict only high impact releases, often defined as the red folder events on the Forex Factory calendar, plus central bank decisions such as FOMC. Some publish their own list of selected announcements.
- Which instruments. The restriction usually applies only to instruments affected by the release. A US jobs report affects dollar pairs, US indices and gold, but not necessarily a trade on EUR/GBP.
- The window. Typical windows are two, three, four or five minutes before and after the release time.
- What counts as a trade. Opening and closing both count at most firms. Many also count pending orders that fill, and stop loss or take profit orders that trigger, inside the window. Positions opened well before the window can usually be held through it.
- The consequence. Firms either remove the profit from trades made in the window, record a soft breach, or treat it as a hard breach that ends the account.
Firms restrict news trading on funded accounts because prices can jump through several levels in a second. On a simulated account the fill can be better than a live market would give, so profits made in those seconds may not be repeatable with real capital.
Worked example
This example uses a made up $100,000 funded account at an imaginary firm. Its rule bans opening or closing trades on affected instruments from five minutes before to five minutes after a high impact release, counts stop loss and take profit fills, allows positions opened earlier to be held, and removes any profit made inside the window.
The US jobs report is due at 8:30am New York time, so the window runs from 8:25am to 8:35am. The trader has three positions on EUR/USD, where one standard lot is worth about $10 per pip.
| Trade | What happened | Result | Treatment |
|---|---|---|---|
| A | 5 lots long opened at 7:40am, take profit 50 pips away, filled at 8:31am | $2,500 profit | Closed inside the window, so the $2,500 is removed |
| B | 2 lots long opened at 8:10am, held through the release, closed by hand at 8:50am for 30 pips | $600 profit | Allowed: opened before and closed after the window |
| C | 3 lots short opened at 8:33am, closed at 9:00am for 20 pips | $600 profit | Opened inside the window, so the $600 is removed |
The trader made $3,700 on the morning but keeps $600 of it. At a firm that treats the same rule as a hard breach, trades A and C would each end the account, and trade A would do so even though the trader did nothing at 8:31am except leave a take profit order in place. The simplest way to avoid that outcome is to have no orders on affected instruments that could fill inside the window.
The exact minutes, firm by firm
We read each firm’s own help centre or FAQ for the table below. Rows marked November 2026 were checked between 1 and 8 November 2026; the rest were checked in September 2026. Firms change these rules often, so open the linked source before you buy, and treat a firm that will not put its window in writing with caution.
| Firm | Evaluation | Funded account | What happens if you break it | Checked |
|---|---|---|---|---|
| FTMO | No restriction | Standard: no order execution on affected symbols 2 minutes before to 2 minutes after selected releases. Swing: no restriction | May lead to termination of the FTMO Account | November 2026 |
| FundedNext | No restriction | Stellar 1-Step, 2-Step and Lite: trades opened or closed 5 minutes either side of a listed high impact release on that symbol | Only 40% of the profit counts; losses count in full | November 2026 |
| Funding Pips | No window, but deliberate news trading is banned | 1 Step, 2 Step and Pro: 5 minutes either side of red folder news, or from 5 minutes before a speech to 5 minutes after it ends. Zero: 10 minutes either side | 1 Step, 2 Step and Pro: profit removed unless the trade was opened 5 hours earlier. Zero: breach | November 2026 |
| Maven Trading | 2 minutes either side of red folder news | 2 minutes either side; Instant accounts excluded | Profit from those trades is not credited, and a challenge passed with them does not pass | November 2026 |
| ThinkCapital | Standard accounts: 2 minutes either side. Bolt and Bolt Flex: 5 minutes either side | Same as the evaluation. Dual Step Swing: no restriction | Immediate breach and loss of profits | November 2026 |
| Top One Trader | Allowed | Not allowed around red folder news; no window published | Trades invalidated or account terminated | November 2026 |
| Blue Guardian | Allowed | 5 minutes either side of high impact news and FOMC | Profit removed, no breach | September 2026 |
| Blueberry Funded | 2 minutes either side | 2 minutes either side | Triggered pending orders count; limited exceptions on Prime | September 2026 |
| Moneta Funded | 5 minutes either side | 5 minutes either side | Profit may be deducted; trades opened 2 hours earlier may close | September 2026 |
| WSFunded | Allowed | 4 minutes either side of red folder news | Profit deducted and a soft breach recorded | September 2026 |
| Orion Funded | No window, but news trading as a strategy is banned | Nova, Standard and Select: 2 minutes either side. Swing: no restriction | Varies by program; Orion Zero pays 50% instead of 80% on trades in a 5 minute window | September 2026 |
| My Funded Futures | Allowed, and on Builder plans | Rapid and Pro Sim Funded: flat, with no working orders, from 2 minutes before to 2 minutes after FOMC, the Employment Report and CPI (plus EIA for energy and crop reports for agricultural traders) | Not stated in the policy | November 2026 |
| Alpha Futures | Allowed on every plan | Qualified Zero: no new orders 2 minutes either side of red folder news on the traded asset, holds allowed. Advanced: no restriction | Not stated on the page | November 2026 |
| AquaFunded Futures | Allowed, but news trades cannot be the only way you pass | No positions or pending orders from 2 minutes before to 2 minutes after Tier 1 releases | Not stated in the policy | November 2026 |
| Take Profit Trader | Not covered on the page we checked | PRO+: no positions or orders from 1 minute before to 1 minute after FOMC, NFP and CPI; no crude during inventory reports or bonds during auctions | Not stated on the page | November 2026 |
| Topstep | Trading is restricted for a short period during Tier 1 news events; the help centre gives the detail in its risk adjustments article | See the help centre | November 2026 | |
| YLOS Trading | Allowed | Must be flat at the moment of the release; may trade straight after | Brackets with pending orders on both sides are banned | September 2026 |
| Funded Futures Family | Allowed | Allowed through all news, with no need to be flat | None | November 2026 |
What the table shows
Two minutes is the most common window. FTMO, Maven, ThinkCapital’s standard accounts, Blueberry, Orion and three futures firms (My Funded Futures, Alpha Futures and AquaFunded Futures) all use two minutes either side. Five minutes is the next most common, at FundedNext, Funding Pips, Blue Guardian, Moneta and ThinkCapital’s Bolt accounts. Funding Pips Zero is the strictest we found at ten minutes either side, and Take Profit Trader’s PRO+ the shortest at one minute.
The penalty matters more than the minutes. FundedNext still counts 40% of a profitable news trade and Blue Guardian simply removes the profit, so a mistake costs you one trade. ThinkCapital and Funding Pips Zero end the account. Maven goes further than most: a trade opened before the window that is still open during it counts, so holding through a release is not a way round the rule there.
Most forex firms only restrict the funded stage. FTMO, FundedNext, Funding Pips (apart from its ban on deliberate news trading), Blue Guardian and WSFunded leave the evaluation free. Maven, Blueberry, Moneta and ThinkCapital apply the same window from day one, which suits a trader who wants the evaluation to match the funded account.
Futures firms name the events. Instead of the red folder on Forex Factory, My Funded Futures and AquaFunded Futures list FOMC, the jobs report and CPI, with oil inventories and crop reports for traders in those markets. Funded Futures Family is the clear outlier with no restriction at all.
You can sometimes pay or pick your way out. ThinkCapital sells a news trading add on for Lightning and Nexus accounts, and FTMO Swing, ThinkCapital Dual Step Swing, Orion Swing and Alpha Futures Advanced accounts carry no news window. If news is central to your trading, choose the account type first and the firm second.
A ranked view of firms that suit news traders is in best prop firms for news trading, and the dates of next month’s big releases are in our news calendar posts.
Common mistakes
- Forgetting orders already in the market. A take profit, stop loss or pending entry that fills inside the window counts as a trade at many firms, even if you placed it hours before.
- Assuming the evaluation rules carry over. Traders often pass a challenge that allowed news trading, then keep the same habits on a funded account where it is restricted.
- Checking the wrong calendar or time zone. Firms name their source, often Forex Factory, and the release time must be converted correctly. A window of 8:25am to 8:35am in New York is 1:25pm to 1:35pm in London for most of the year.
- Ignoring which instruments are affected. Gold and US indices usually move on US data, so a rule that covers affected instruments can reach further than the currency pair you had in mind.
- Treating profit removal as harmless. Even where the account survives, repeated violations can lead a firm to review the account more broadly. How firms spot these patterns is covered in how prop firms detect rule violations.
How to trade within news rules
Start each week with the economic calendar your firm uses and mark every high impact release against the instruments you trade. Set alerts ten minutes before each one, which leaves time to close positions or cancel orders before the window opens.
Decide in advance what you will do with open trades. If your firm allows positions opened before the window to be held, and does not count stop or target fills inside it, you can hold with protective orders in place. If fills inside the window count, the only way to be certain of compliance is to be flat, or to have no orders that could trigger during it. Removing a stop loss to avoid a fill swaps a rule risk for a much larger market risk, which the funded account risk management guide explains.
If news trading is central to your approach, choose the account type to match. FTMO’s Swing type, the Dual Step Swing account at ThinkCapital and several futures firms allow it, while other firms sell it as a paid add on. Related rules often travel together: accounts that restrict news also tend to restrict holding over the weekend, covered in weekend and overnight holding rules, and the difference between losing a trade’s profit and losing the account is explained in soft breach vs hard breach. Firm by firm rules are listed in the forex and CFD and futures directories.
Checklist
- Does the restriction apply in the evaluation, the funded account, or both?
- How long is the window, and which calendar defines a high impact event?
- Does it cover only affected instruments or every instrument?
- Do pending orders, stop losses and take profits that fill in the window count?
- Can positions opened before the window be held through it?
- Is the penalty profit removal, a soft breach or loss of the account?
- Is there an account type or add on that removes the restriction?
Frequently Asked Questions
Do prop firms allow news trading?
Many do during the evaluation, and some allow it on funded accounts too. The common pattern among forex and CFD firms is no restriction while you are being assessed, then a ban on opening or closing trades within two to five minutes of high impact releases once funded. Several futures firms, including Funded Futures Family, allow trading through all news.
How many minutes before news do prop firms restrict trading?
Two minutes either side of the release is the most common window, used by FTMO, Maven Trading, ThinkCapital's standard accounts and several futures firms including My Funded Futures and Aqua Futures. FundedNext, Funding Pips and Blue Guardian use five minutes either side, and Funding Pips Zero uses ten. Take Profit Trader's PRO+ accounts use one minute.
What counts as a high impact news event?
Most firms use the red folder events on the Forex Factory calendar, such as US jobs reports, CPI and central bank rate decisions. Some publish their own list of selected announcements. The restriction usually applies only to instruments affected by the release, so check whether your firm lists affected instruments or applies the rule across the whole account.
Can I hold a trade through a news release on a funded account?
Usually yes, if the position was opened before the restricted window starts. FTMO, for example, lets Standard funded accounts hold positions opened more than two minutes before the event. The risk is an order that fills inside the window. FTMO counts stop loss and take profit fills as trades in the window, and Moneta Funded does so unless the trade was opened at least two hours earlier.
What happens if I break a news trading rule?
It depends on the firm. Blue Guardian removes the profit made in the window without breaching the account. WSFunded deducts the profit and records a soft breach. At FTMO a violation may lead to termination of the funded account. Some firms treat the rule as a hard breach from the first offence, so read the consequence as well as the rule.
Which prop firm account types allow news trading?
Look for swing style accounts and firms that state no restriction. FTMO's Swing account type and ThinkCapital's Dual Step Swing allow news trading by default. The5ers Futures and Funded Futures Family allow it on their futures accounts. Other firms, including ThinkCapital on Lightning and Nexus, sell news trading as a paid add on.
What is FundedNext's news rule?
On funded Stellar 1-Step, 2-Step and Lite accounts, FundedNext counts only 40% of the profit from trades opened or closed within 5 minutes either side of a listed high impact release on that symbol, while losses count in full. The challenge phases have no news restriction.
