Prop Firm News Trading Rules: What the Restriction Actually Means
A news restriction is rarely a flat ban. It is usually a window around scheduled releases in which opening, closing or holding is limited - and the details differ enough between firms that the only safe source is your own account's terms.
Short answer
A news restriction is usually a window around scheduled high-impact releases in which you may not open, close or hold positions, not a blanket ban. Firms define the window, the calendar and the events themselves, and several are stricter on the funded account than during the evaluation. A profitable trade inside the window is still a breach.
Read live from our own prop-firm compliance data — the same source as the
comparison tool. “Verify” means we could not confirm that rule from the
firm's own current terms, so we do not publish a number.
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About these firm rules. We are independent: not affiliated with, endorsed by or paid by any prop firm, and nothing here ranks or recommends one. Firm rules change often and differ between programs, so the firm's own current terms are the only authority. Anything shown as “Verify” is a rule we could not confirm from those terms, and we publish that rather than a number we guessed.
About this calculator. The result is an educational estimate. Contract sizes, pip values, spreads, commissions and overnight financing differ by broker and by instrument, and fills can differ from the prices you model. Check your own account's specification before trading.
Why the rule exists
Around a scheduled release, spreads widen and price can jump straight through a stop. For a firm
holding thousands of accounts, a room full of traders holding maximum size into the same number is
concentrated risk they cannot hedge. Restricting that window protects the firm, and incidentally
protects the trader from the one trade that ends the account.
The shapes the rule takes
A window around the release - commonly a few minutes either side - in which new
positions may not be opened.
No holding through the release at all, so open positions must be closed beforehand.
Allowed, but profits from the window may be reviewed or excluded.
Different rules by phase: several firms are more permissive during the evaluation than on
the funded account.
No restriction at all on some programs.
Which events count is defined by the firm, usually "high impact" on a named calendar.
Check the calendar your firm names, not a different one - they disagree about impact ratings.
Practise this in Chart Bound, free
Sitting out a release is a discipline you can rehearse for free. Chart Bound drills the waiting as well as the trading.
Pull the week's releases for your instruments from an
economic calendar before Monday.
Mark the restricted windows on your own plan, with a margin either side, and treat them as
no-trade time.
If you must hold through, know whether your account allows it and whether the position
could breach the daily loss limit on a gap.
Remember that a profitable trade can still be a rule breach. Firms review the rule, not the
result.
What our table does and does not say
The table below is our compliance configuration, the same data behind the
comparison tool. It tells you what we could confirm from each firm's own
terms. It is not a recommendation, it does not rank firms, and where we could not confirm a rule it
says Verify rather than a number we invented.
Frequently asked questions
Can I trade the news on a prop account?
It depends on the firm, the program and sometimes the phase. Some allow it entirely, some restrict a window around high-impact releases, and some prohibit holding through.
How long is a typical news window?
Often a few minutes either side of the release, but the exact length is set by the firm and stated in its terms.
Does the rule apply to the evaluation and the funded account?
Not always. Several firms are more permissive during the evaluation than once the account is funded.
Can a profitable news trade still break the rule?
Yes. Breaches are judged on the rule, not the outcome, which is why the window matters more than the result.
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