Can I trade High Impact/red folder news?
Evaluation Challenges
You are allowed to hold trades during news events and over the weekend. However, you are not allowed to open or close a trade 2 minutes before and 2 minutes after high-impact news events.
Instant Accounts
You are allowed to hold trades during news events, but not over the weekend. However, you are not allowed to open or close a trade 8 minutes before and 8 minutes after high-impact news events.
This rule applies to all types of trades, including manual open or close, pending orders, stop loss, and take profit orders.
Note
USD high impact news restricts trading on all trading pairs
Non-USD high impact news only restricts trading for trading pairs linked to that specific currency
Non-USD high impact news restricts trading for both forex pairs and indices
Examples
CHF high impact news or speeches will only apply to CHF trading pairs. Non-CHF trading pairs can still be traded during this time.
EUR high impact news or speeches will only apply to EUR trading pairs. Non-EUR trading pairs can still be traded during this time.
USD high impact news or speeches will apply to all trading pairs. No trades should be executed as per the news rule restrictions for your account.
EUR high impact news also applies to GER30 / FRA40 / ITA40
GBP high impact news also applies to UK100
Speeches
During speeches, the same time restrictions apply as for high-impact news events, except that the restricted time window starts before the speech, and ends after the speech concludes. e.g. for a Instant Account, you are not allowed to open or close a trade 8 minutes before the speech begins and 8 minutes after the speech ends.
Evaluation phase
Traders are permitted to hold trades over the weekend and engage in trading activities during news events.
If your Take Profit or Stop Loss is activated or filled during the restricted time window of 2 minutes before and 2 minutes after high-impact news events, it will be considered a breach of the Equity Edge challenge.
This applies to all forms of orders, including manual open or close, pending orders, stop loss, and take profit orders.
Funded phase
Funded Traders are allowed to hold trades during news releases and over the weekend. On the funded account, high-impact news event trading will result in the deduction of any profits made from trades executed within the restricted 4-minute window.
This will not violate the funded account, but only the trade(s) opened or closed within the restricted 4-minute window will be reviewed, and the profits will not be counted during payout. If the profits generated from news trades exceeds 25% of the trader's profit share, the payout will be rejected, your profit share will be forfeited and the account will be reset back to its initial balance.
This applies to all forms of orders, including manual open or close, pending orders, stop loss, and take profit orders.
Example for Evaluation Challenges
If you have high-impact/red folder news at 5pm UTC, trades cannot be opened or closed from 4:58pm to 5:02pm, including TP, SL in profit, or any limit orders, buy stop/sell stop, or manually open and close.
Instant Accounts
You are allowed to hold trades during news events. However, you are not allowed to open or close a trade 8 minutes before and 8 minutes after high-impact news events.
The trade(s) opened or closed within the restricted 8-minute window will be reviewed, and the profits will be deducted during payout. If the profits generated from news trades exceeds 25% of the trader's profit share, the payout will be rejected, your profit share will be forfeited and the account will be reset back to its initial balance.
Repeat offences may also lead to the termination of your account. This rule applies to all types of trades, including manual open or close, pending orders, stop loss, and take profit orders.
Note
USD high impact news restricts trading on all trading pairs
Non-USD high impact news only restricts trading for trading pairs linked to that specific currency
Non-USD high impact news restricts trading for both forex pairs and indices
Examples
CHF high impact news or speeches will only apply to CHF trading pairs. Non-CHF trading pairs can still be traded during this time.
EUR high impact news or speeches will only apply to EUR trading pairs. Non-EUR trading pairs can still be traded during this time.
USD high impact news or speeches will apply to all trading pairs. No trades should be executed as per the news rule restrictions for your account.
EUR high impact news also applies to GER30 / FRA40 / ITA40
GBP high impact news also applies to UK100
Example for Instant Accounts
If you have high-impact/red folder news at 5pm UTC, trades cannot be opened or closed from 4:52pm to 5:08pm, including TP, SL in profit, or any limit orders, buy stop/sell stop, or manually open and close.
We use forexfactory.com as our source for the news calendar.