News trading at prop firms: the rules
Big news moves markets fast. That's why lots of prop firms restrict trading around it, and every firm does it differently.
What counts as news
Mostly high-impact events: US jobs data (NFP), Fed rate decisions, inflation numbers and similar. Many firms publish their list.
Typical rules
A common rule: no opening or closing trades from 2 to 10 minutes before and after a release. Some firms only apply it to funded accounts, others to everything.
Break it and...
Some firms remove the profit from that trade. Others call it a hard breach and close the account.
Who allows it
Check our news trading list for firms that allow it freely and those with conditions.
Your questions, answered
Is a Fed rate decision high-impact?
Yes, at nearly every firm.
Can I hold a trade through news?
Often yes, as long as you don't open or close it in the window. Check your firm's wording.