{ "study": "news-rules-by-stage", "date": "2026-09-06", "question": "Does a prop firm's news-trading rule change once the account is funded?", "method": "For each of the 71 firms FirmFax tracks, we opened the firm's own published rules - a dedicated news-trading policy page where one exists, otherwise the account-rules, help-centre or terms page most likely to carry the rule - and recorded what the rule is during the evaluation and what it is on the funded account. Third-party listings, review sites and coupon aggregators were not accepted as evidence at any point. Every row names the URL read and the date it was read.", "outcomeDefinitions": { "tightens": "Both stages are stated and the funded stage is stricter.", "same": "Both stages are covered by the firm's own wording and the rule does not change.", "loosens": "Both stages are stated and the funded stage is more permissive.", "not_stated": "The firm does not state the rule at both stages. Includes firms that state only the funded rule, only the evaluation rule, or neither.", "unreadable": "No firm-published page could be read at all: the request was refused (403), the page 404ed, or the content did not render to a reader." }, "firms": [ { "slug": "10four", "name": "10Four", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "No news rule found in the trader funded account agreement or on the pricing pages; the agreement text did not render to a reader.", "url": "https://10four.com/trader-funded-account-agreement/", "readOn": "2026-09-06" }, { "slug": "alpha-capital-group", "name": "Alpha Capital Group", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 5, "note": "Unrestricted news trading on every evaluation. On Qualified Analyst accounts no open or close 5 minutes either side of a listed high-impact release; Swing instead requires a trade opened inside a 2-minute window to last longer than 2 minutes.", "url": "https://alphacapitalgroup.uk/posts/alpha-capital-news-trading-and-overnight-rules-explained-2026", "readOn": "2026-09-06" }, { "slug": "alpha-futures", "name": "Alpha Futures", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 2, "note": "\"There are no news trading restrictions for any Evaluation Accounts.\" On Direct, Standard and Zero Qualified accounts no orders within 2 minutes either side of a high-impact release; Advanced Qualified accounts are exempt.", "url": "https://help.alpha-futures.com/en/articles/9492063-news-trading-policy", "readOn": "2026-09-06" }, { "slug": "apex", "name": "Apex Trader Funding", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The consolidated account-rules page carries no news rule at either stage. The Performance Account rules article on the newer support domain returned 403 and then rendered empty.", "url": "https://apextraderfunding.com/help-center/legacy-helpful-items/all-apex-trading-account-rules/", "readOn": "2026-09-06" }, { "slug": "aquafunded-futures", "name": "AquaFunded", "outcome": "not_stated", "stated": "funded_only", "evaluation": null, "funded": "restricted_window", "fundedWindowMinutes": 5, "note": "The news article states the funded-account rule - no opening or closing 5 minutes either side of a red-folder release, profits removed - and the rule differs by account purchase date. It never states what applies during the challenge.", "url": "https://help.aquafunded.com/en/articles/14785740-is-news-trading-allowed", "readOn": "2026-09-06" }, { "slug": "audacity-capital", "name": "AudaCity Capital", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The Ability Challenge knowledge-centre page sets out targets, drawdown and payouts and says nothing about news at either stage.", "url": "https://audacity.capital/knowledge-center/ability-challenge/", "readOn": "2026-09-06" }, { "slug": "blue-guardian-futures", "name": "Blue Guardian Futures", "outcome": "same", "stated": "explicit", "evaluation": "allowed", "funded": "allowed", "note": "\"News trading is allowed on both Challenge and Funded Accounts.\"", "url": "https://helpfutures.blueguardian.com/en/articles/15654479-standard-account-rules", "readOn": "2026-09-06" }, { "slug": "blue-guardian", "name": "Blue Guardian", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 5, "note": "\"We allow news trading on challenge\" and \"we do not allow news trading on funded accounts\" - no opening or closing 5 minutes either side of a red-folder event once funded.", "url": "https://help.blueguardian.com/en/articles/14062186-1-step-standard-rules", "readOn": "2026-09-06" }, { "slug": "blueberry-funded", "name": "Blueberry Funded", "outcome": "same", "stated": "explicit", "evaluation": "restricted_window", "funded": "restricted_window", "fundedWindowMinutes": 2, "contradiction": "The article's opening line reads \"News trading is not allowed on evaluation and earning accounts\", an outright ban. Its own body then sets out a 2-minute blackout either side of a release with a six-hour carve-out - a window, not a ban. Both sentences are on the same page.", "note": "The operative rule is identical at both stages: no opening or closing 2 minutes either side of a red-folder release on evaluation and earning accounts.", "url": "https://help.blueberryfunded.com/en/articles/9715375-do-you-allow-news-trading", "readOn": "2026-09-06" }, { "slug": "blusky", "name": "BluSky", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The sim-funded account rules cover profit limits, scaling and the route to live and are silent on news at both stages.", "url": "https://help.blusky.pro/en/articles/11490300-sim-funded-accounts-rules", "readOn": "2026-09-06" }, { "slug": "breakout", "name": "Breakout", "outcome": "unreadable", "stated": "neither", "evaluation": null, "funded": null, "note": "Every request to the firm's own site was refused with HTTP 403. No firm-published page could be read.", "url": "https://www.breakoutprop.com/", "readOn": "2026-09-06" }, { "slug": "brightfunded", "name": "BrightFunded", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 5, "note": "Phase 1 and Phase 2: \"you can trade around news events freely, with no restrictions\". Funded: trading inside a 10-minute window, 5 minutes either side, is prohibited, with an exemption for trades held 48 hours or longer.", "url": "https://help.brightfunded.com/en/articles/9241694-can-i-trade-news", "readOn": "2026-09-06" }, { "slug": "bulenox", "name": "Bulenox", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The FAQ lists a \"Can I trade the news?\" heading, but no answer text renders under it and the word does not otherwise appear on the page.", "url": "https://bulenox.com/faq", "readOn": "2026-09-06" }, { "slug": "city-traders-imperium", "name": "City Traders Imperium", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "No article mentioning news exists in the help centre index. Third-party write-ups assert an unrestricted policy; none of them is the firm.", "url": "https://helpcenter.citytradersimperium.com/en/", "readOn": "2026-09-06" }, { "slug": "crypto-fund-trader", "name": "Crypto Fund Trader", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The evaluation rules bar news-scalping expert advisors under prohibited EA types. That is a rule about automation, not a news-trading rule, and no stage is addressed.", "url": "https://cryptofundtrader.com/evaluation-rules/", "readOn": "2026-09-06" }, { "slug": "daytraders", "name": "DayTraders.com", "outcome": "same", "stated": "inferred", "evaluation": "allowed", "funded": "allowed", "note": "The funded-account rules article lists news trading as permitted with a volatility caution rather than a restriction, and links to a market-volatility advisory. Nothing narrows it to one stage, so both read as unrestricted; the firm never says so in those words.", "url": "https://daytraders.com/help/articles/14367899-funded-account-trading-rules-pro-s2f", "readOn": "2026-09-06" }, { "slug": "dominion-funding", "name": "Dominion Funding", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The rule varies by challenge model - Swing unrestricted, Standard, Lite and Instant restricted to 5 minutes either side - and the article addresses models, never stages. \"It depends on the challenge model you opted in for.\"", "url": "https://help.dominionfunding.trade/en/articles/9970289-can-i-open-or-close-a-position-during-news-events", "readOn": "2026-09-06" }, { "slug": "e8-futures", "name": "E8 Futures", "outcome": "unreadable", "stated": "neither", "evaluation": null, "funded": null, "note": "The futures help centre refused every request with HTTP 403. The forex help centre's news article does not cover the futures products.", "url": "https://helpfutures.e8markets.com/en/", "readOn": "2026-09-06" }, { "slug": "e8-markets", "name": "E8 Markets", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "prohibited", "fundedWindowMinutes": 5, "note": "E8 One and E8 One Crypto: \"In the SimFi Challenge stage, you can trade news without any restrictions\"; on the Performance account trading is \"strictly prohibited\" from 5 minutes before to 5 minutes after a high-impact release. E8 Signature and E8 Pro are unrestricted at both stages, which the same page states.", "url": "https://help.e8markets.com/en/articles/9185497-can-i-trade-news", "readOn": "2026-09-06" }, { "slug": "earn2trade", "name": "Earn2Trade", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The evaluation rules article covers loss limits, position sizing, trading hours and consistency and never mentions news.", "url": "https://help.earn2trade.com/en/articles/5941958-what-are-the-evaluation-rules", "readOn": "2026-09-06" }, { "slug": "elite-trader-funding", "name": "Elite Trader Funding", "outcome": "same", "stated": "inferred", "evaluation": "allowed", "funded": "allowed", "note": "\"ETF does not impose any restrictions or limitations on traders during major economic news events.\" The sentence is unqualified, so it reads as covering both stages, but no stage is named.", "url": "https://elitetraderfunding.app/help/trading-major-economic-releases", "readOn": "2026-09-06" }, { "slug": "falcon-funded", "name": "Falcon Funded", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "News trading is sold as a paid add-on scoped to Regular challenges. The FAQ index rendered category headings only, with no answer text, so no stage rule could be read from a firm page.", "url": "https://falconfunded.com/faqs/", "readOn": "2026-09-06" }, { "slug": "finotive-funding", "name": "Finotive Funding", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The rules page covers drawdown, volume limits, profitable days, weekend holding and consistency. News is not addressed at either stage.", "url": "https://finotivefunding.com/rules", "readOn": "2026-09-06" }, { "slug": "fintokei", "name": "Fintokei", "outcome": "same", "stated": "inferred", "evaluation": "allowed", "funded": "allowed", "note": "\"you can open or close trades before, during or after periods of extreme volatility caused by significant news events.\" Unqualified, and no stage is named.", "url": "https://support.fintokei.com/en/articles/6538843-can-trade-any-time-hold-positions-over-weekends-and-trade-during-news", "readOn": "2026-09-06" }, { "slug": "for-traders", "name": "For Traders", "outcome": "same", "stated": "inferred", "evaluation": "restricted_window", "funded": "restricted_window", "fundedWindowMinutes": 5, "contradiction": "The forbidden-practices page states one flat forex rule - no new trades within 5 minutes either side of a high-impact release - with no stage distinction. The firm's dedicated News Trading article, which our records cite as drawing a challenge/Master split, now returns 404. Two of the firm's own pages therefore describe different rules, and the more specific one has been withdrawn.", "note": "Recorded from the page that is live. Futures and crypto products are not named in the rule.", "url": "https://help.fortraders.com/en/articles/15343227-what-is-forbidden-with-us", "readOn": "2026-09-06" }, { "slug": "ftmo", "name": "FTMO", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 2, "note": "\"While trading during the Evaluation Process, the restriction does not apply regardless of the account type.\" On an FTMO Account no trade may be opened or closed from 2 minutes before to 2 minutes after selected releases, with Swing accounts exempt. The page says it in as many words: \"These restrictions apply only once you start trading on an FTMO Account. They do not apply during the Evaluation Process.\"", "url": "https://ftmo.com/en/faq/can-i-trade-news/", "readOn": "2026-09-06" }, { "slug": "ftuk", "name": "FTUK", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The Trading Rules collection lists 23 articles covering EAs, martingale, stop losses, copy trading, breaches, consistency and inactivity. None of them is about news.", "url": "https://faq.ftuk.com/en/collections/15181758-trading-rules", "readOn": "2026-09-06" }, { "slug": "funded-crypto-family", "name": "Funded Crypto Family", "outcome": "unreadable", "stated": "neither", "evaluation": null, "funded": null, "note": "The allowed-versus-prohibited strategies article we cite returned 404 and no replacement was found in the help centre.", "url": "https://intercom.help/funded-crypto-family/en/articles/14241933-allowed-vs-prohibited-trading-strategies", "readOn": "2026-09-06" }, { "slug": "funded-futures-family", "name": "Funded Futures Family", "outcome": "same", "stated": "explicit", "evaluation": "allowed", "funded": "allowed", "note": "\"Trading during news events is permitted across all accounts.\" Tier 1 events included; the firm records that it removed the earlier requirement to flatten around them.", "url": "https://intercom.help/funded-futures-family/en/articles/15892353-news-trading-policy", "readOn": "2026-09-06" }, { "slug": "funded-futures-network", "name": "Funded Futures Network", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "prohibited", "fundedWindowMinutes": 1, "note": "The firm publishes the split as a table. Evaluation, all account types: T1 news trading permitted, \"does not blow the account\". Exhibition, Sim-Funded and Live-Funded: \"NO - immediate account liquidation\", with no appeal and all profits forfeited. The trader must be flat from 1 minute before to 1 minute after every T1 event.", "url": "https://fundedfuturesnetwork.zendesk.com/hc/en-us/articles/46870383895195-Article-3-3-Trading-the-News-Holiday-Hours", "readOn": "2026-09-06" }, { "slug": "funded-trading-plus", "name": "Funded Trading Plus", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The hard-rules article lists the three breaches - max drawdown, daily drawdown, symbol loss - and does not mention news. The firm's marketing page on news trading refused every request with HTTP 403.", "url": "https://help.fundedtradingplus.com/hard-rules-account-breaches/", "readOn": "2026-09-06" }, { "slug": "fundednext-cfds", "name": "FundedNext (CFDs)", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 5, "note": "News trading is allowed in both phases, but only the funded account carries the News Reward Share Rule: inside a 10-minute window, 5 minutes either side of a listed high-impact event, 40% of the profit counts and every loss counts in full.", "url": "https://help.fundednext.com/en/articles/10701447-is-news-trading-allowed-at-fundednext", "readOn": "2026-09-06" }, { "slug": "fundednext-futures", "name": "FundedNext Futures", "outcome": "same", "stated": "explicit", "evaluation": "allowed", "funded": "allowed", "note": "\"FundedNext Futures does not impose any news trading rules\", stated for both the Challenge Account and the FundedNext Account.", "url": "https://helpfutures.fundednext.com/en/articles/14298245-are-there-any-news-trading-rules-for-fundednext-futures", "readOn": "2026-09-06" }, { "slug": "fundedseat", "name": "FundedSeat", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "No article mentioning news appears anywhere in the help-centre index, including the Trading Rules collection.", "url": "https://help-center.fundedseat.com/en/", "readOn": "2026-09-06" }, { "slug": "funderpro-futures", "name": "FunderPro Futures", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 2, "note": "\"News trading is allowed during the evaluation phase on all three FunderPro Futures challenge types.\" Beginner funded accounts disable trading 2 minutes either side of a high-impact event; Mid-Level and Professional funded accounts stay unrestricted.", "url": "https://support.funderprofutures.com/en/articles/378530-can-i-trade-during-news-on-funderpro-futures", "readOn": "2026-09-06" }, { "slug": "funding-traders", "name": "Funding Traders", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 5, "contradiction": "The plan article states the split plainly. The firm's General Trading Guidelines article, which reads as the firm-wide rules page, carries no news rule at all - only a warning that size increases around releases will trigger review.", "note": "\"News trading is fully permitted during the Challenge phase, with no restrictions in place.\" Once funded, no more than 30% of total profits may come from trades opened, held or closed inside a 10-minute window around a high-impact release.", "url": "https://fundingtraders.com/help/en/articles/13615032-1-step-pro", "readOn": "2026-09-06" }, { "slug": "fundingpips", "name": "FundingPips", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 5, "contradiction": "Two sentences, three lines apart, on the firm's own news page. \"During the Evaluation Stage: There are no restrictions on holding trades during news events. You are free to manage your trades as you see fit.\" Immediately below: \"Purposely trading news in both evaluation and master phase is prohibited and will lead to account closure.\" A trader cannot act on both.", "note": "On Master accounts the profit of any trade opened or closed within 5 minutes either side of a restricted release is deducted in full unless the trade was opened 5 hours or more before the event. FundingPips Zero prohibits holding, opening or closing within 10 minutes either side.", "url": "https://help.fundingpips.com/hc/en-us/articles/34504137479441-News-Trading-Weekend-Holding", "readOn": "2026-09-06" }, { "slug": "fundingticks", "name": "FundingTicks", "outcome": "unreadable", "stated": "neither", "evaluation": null, "funded": null, "note": "No firm-published rules page rendered any content. The firm is on our watch list following a documented retroactive rule change.", "url": "https://www.fundingticks.com/", "readOn": "2026-09-06" }, { "slug": "futureselite", "name": "FuturesElite", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "note": "\"Tier-1 News trading is allowed during the Evaluation stage.\" On funded accounts it is no longer a hard breach, but trades taken inside the restricted windows are voided. The policy points at the dashboard calendar rather than publishing the window length.", "url": "https://faq.futureselite.com/en/articles/11949456-what-is-futureselite-s-news-trading-policy", "readOn": "2026-09-06" }, { "slug": "fxify", "name": "FXIFY", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The FAQ carries a question titled \"What is the news rule?\" whose answer does not render to a reader. The question is published; the rule is not.", "url": "https://fxify.com/faq/", "readOn": "2026-09-06" }, { "slug": "goat-funded-futures", "name": "Goat Funded Futures", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 2, "note": "Evaluation: \"no restrictions.\" Funded: \"a 2 minute buffer applies around high impact news events. You cannot open, close, or trigger pending orders within 2 minutes before or after a scheduled release.\" Positions opened before the window may be held through it.", "url": "https://help.goatfundedfutures.com/en/articles/14095302-eod-challenge-specifications-rules-and-payouts", "readOn": "2026-09-06" }, { "slug": "goat-funded-trader", "name": "Goat Funded Trader", "outcome": "same", "stated": "explicit", "evaluation": "restricted_window", "funded": "restricted_window", "fundedWindowMinutes": 5, "note": "Trades opened or closed within 5 minutes either side of a high-impact release are capped at 1% of account balance in profit, and the page states \"this rule applies equally to both the challenge phase and the funded phase of your account.\"", "url": "https://help.goatfundedtrader.com/en/articles/10742084-is-news-trading-allowed", "readOn": "2026-09-06" }, { "slug": "hola-prime-futures", "name": "Hola Prime", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 5, "note": "The rules table marks news trading Allowed in the Challenge Phase for most products and Restricted on Hola Prime (Sim. Funded) for Direct, 2-Step Pro and 2-Step Prime X - no opening, closing or modifying 5 minutes either side of a high-impact release. Prime accounts, 1-Step and 2-Step, are unrestricted at both stages.", "url": "https://holaprime.com/trading-rules-list/trading-rules-prohibited-trading-practices/", "readOn": "2026-09-06" }, { "slug": "hyrotrader", "name": "HyroTrader", "outcome": "same", "stated": "explicit", "evaluation": "restricted_window", "funded": "restricted_window", "note": "\"Solely trading based on news events\" sits under additional prohibited actions, and the page's own comparison table marks it identically for the Challenge and the Funded Account. It bans a news-only strategy rather than trading through a release, and no window is published.", "url": "https://www.hyrotrader.com/trading-rules/", "readOn": "2026-09-06" }, { "slug": "instant-funding", "name": "Instant Funding", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 4, "note": "Trades within 4 minutes either side of a major release are restricted, and the exemption list names \"phases one and two of all challenges\" alongside the micro and crypto products and the paid news add-on. The restriction therefore begins at funding.", "url": "https://instantfunding.com/trading-rules/", "readOn": "2026-09-06" }, { "slug": "lark-funding", "name": "Lark Funding", "outcome": "same", "stated": "inferred", "evaluation": "allowed", "funded": "allowed", "note": "\"Yes! We allow trading during news events\", with a caution that oversized positions into a release can breach the terms. No stage is named.", "url": "https://helpdesk.larkfunding.com/en/articles/7174111-can-i-trade-during-news-events", "readOn": "2026-09-06" }, { "slug": "leeloo-trading", "name": "Leeloo Trading", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The support pages set out the 30% daily profit rule, flipping, drawdown and market-close requirements and are silent on news at both stages.", "url": "https://www.leelootrading.com/support", "readOn": "2026-09-06" }, { "slug": "legends-trading", "name": "The Legends Trading", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The firm's own site sets out plans, targets and loss limits and does not mention news at either stage.", "url": "https://www.thelegendstrading.com/", "readOn": "2026-09-06" }, { "slug": "lucid-trading", "name": "Lucid Trading", "outcome": "same", "stated": "explicit", "evaluation": "allowed", "funded": "allowed", "note": "The article states at the top that it covers \"evaluation and funded futures accounts\" and then splits by plan rather than by stage: red-folder news on LucidDaily is a hard breach, while Flex, Pro and Direct allow entering or exiting around scheduled and unscheduled news without breach.", "url": "https://support.lucidtrading.com/en/articles/11404728-other-trading-activities", "readOn": "2026-09-06" }, { "slug": "lux-trading-firm", "name": "Lux Trading Firm", "outcome": "same", "stated": "inferred", "evaluation": "allowed", "funded": "allowed", "note": "\"Self-developed EAs, news trading, and holding trades over the weekend are allowed.\" Separately, stop-loss adjustments inside 30 seconds of a release are barred and buy/sell stops placed around high-impact news to exploit volatility are prohibited. Neither restriction is stage-scoped.", "url": "https://luxtradingfirm.com/trading-rules/", "readOn": "2026-09-06" }, { "slug": "maven-trading", "name": "Maven Trading", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The day-trading rules page covers prohibited styles and compliance and does not mention news or red-folder events. The 2-minute rule we hold for this firm comes from its terms, which do not name a stage.", "url": "https://maventrading.com/day-trading-rules", "readOn": "2026-09-06" }, { "slug": "ment-funding", "name": "MENT Funding", "outcome": "same", "stated": "explicit", "evaluation": "restricted_window", "funded": "restricted_window", "fundedWindowMinutes": 3, "note": "Split by product, not by stage. Futures: \"no news lockout on the futures program\", stated for the challenge and carried into funding. Forex: no position may be opened within 3 minutes either side of a release, at both stages, though holding through is fine.", "url": "https://mentfunding.com/", "readOn": "2026-09-06" }, { "slug": "myfundedfutures", "name": "MyFundedFutures", "outcome": "tightens", "stated": "explicit", "evaluation": "restricted_window", "funded": "prohibited", "fundedWindowMinutes": 2, "note": "A 2-minute no-position buffer around any release applies at every stage. On top of it, Tier 1 events - FOMC, FOMC minutes, the employment report, CPI - are permitted on evaluations and Builder plans and prohibited outright on Rapid Sim Funded and Pro Sim Funded.", "url": "https://help.myfundedfutures.com/en/articles/8230009-news-trading-policy", "readOn": "2026-09-06" }, { "slug": "oanda-prop-trader", "name": "OANDA Prop Trader", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The official challenge rules state \"Trading is prohibited during Economic Calendar events with HIGH impact\" without naming a stage or a window. Both help articles the rules link to for the detail - the economic calendar and the news page - returned 404.", "url": "https://legal.oanda.com/?code=rules_for_trading_challenges", "readOn": "2026-09-06" }, { "slug": "oneup-trader", "name": "OneUp Trader", "outcome": "not_stated", "stated": "funded_only", "evaluation": null, "funded": "prohibited", "note": "\"All positions must be closed prior to and during major economic releases\" appears in the Funded Trader Rules and nowhere in the evaluation guidance. The firm states the funded rule and leaves the evaluation rule unwritten.", "url": "https://help.oneuptrader.com/article/372-funded-trader-rules", "readOn": "2026-09-06" }, { "slug": "p1futures", "name": "P1 Futures", "outcome": "same", "stated": "inferred", "evaluation": "allowed", "funded": "allowed", "note": "\"Yes. News trading is allowed. Normal loss limits, position limits, and prohibited-conduct rules still apply, even during high volatility.\" No stage named.", "url": "https://p1futures.com/faq", "readOn": "2026-09-06" }, { "slug": "phidias", "name": "Phidias", "outcome": "same", "stated": "explicit", "evaluation": "allowed", "funded": "allowed", "note": "\"Yes, you are authorized to trade during news events on all accounts\" and \"Economic news trading is permitted on all account types.\"", "url": "https://phidiaspropfirm.com/rules", "readOn": "2026-09-06" }, { "slug": "pipfarm", "name": "PipFarm", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The help centre's eleven collections, including a nine-article Trading rules section, surface no article about news, and the word does not appear on the index.", "url": "https://help.pipfarm.com/", "readOn": "2026-09-06" }, { "slug": "sure-leverage-funding", "name": "Sure Leverage Funding", "outcome": "same", "stated": "explicit", "evaluation": "allowed", "funded": "allowed", "note": "The 2-Step Challenge rules read \"News trading is allowed at all times\", stated within a page that covers the challenge and the funded phase. Instant Funding Zero is the firm's documented exception and bars it throughout.", "url": "https://help.sureleveragefunding.com/en/articles/12141500-2-step-challenge-faq-rules", "readOn": "2026-09-06" }, { "slug": "t4tcapital", "name": "T4TCapital", "outcome": "not_stated", "stated": "evaluation_only", "evaluation": "allowed", "funded": null, "note": "\"News trading is fully permitted\" sits in the section governing evaluations. The funded-account section covers risk limits and profit requirements and says nothing about news.", "url": "https://propfirm.traders4traders.com/rules", "readOn": "2026-09-06" }, { "slug": "take-profit-trader", "name": "Take Profit Trader", "outcome": "not_stated", "stated": "funded_only", "evaluation": null, "funded": "prohibited", "fundedWindowMinutes": 1, "note": "\"All PRO Accounts must be out of all open positions and have no open orders one minute before, during and one minute after any prohibited news event.\" The same page scopes its counter-positions rule to \"all account types: Test, PRO, and PRO+\", so the firm knows how to name every stage and did not do it for news.", "url": "https://takeprofittraderhelp.zendesk.com/hc/en-us/articles/15171769361053-PRO-Account-Rules", "readOn": "2026-09-06" }, { "slug": "the-trading-pit-futures", "name": "The Trading Pit", "outcome": "same", "stated": "explicit", "evaluation": "prohibited", "funded": "prohibited", "fundedWindowMinutes": 2, "contradiction": "Its rules page bars news trading on $100k and $200k CFD accounts \"during the Challenge or Earning Phase\", permits it on Futures Prime \"both in the challenge and in the earning accounts\", and restricts Futures Classic at both stages within 2 minutes of a high-impact release. The firm also contradicts itself on Futures Prime: its own launch blog for that product says there is no news trading. We had the firm recorded as blanket unrestricted, which matched only one of its three products; that has been corrected to the strictest rule the record holds.", "note": "Stated stage by stage for every product, and identical at both stages in each case.", "url": "https://www.thetradingpit.com/trading-rules", "readOn": "2026-09-06" }, { "slug": "the5ers", "name": "The5ers", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The 2-step plan specification covers targets, loss limits and a consistency rule that applies \"only on the Funded account\" - proof the page distinguishes stages when it wants to - and never addresses news.", "url": "https://the5ers.com/faqs/2-step-plan-rules-specifications/", "readOn": "2026-09-06" }, { "slug": "tickticktrader", "name": "TickTickTrader", "outcome": "unreadable", "stated": "neither", "evaluation": null, "funded": null, "note": "The firm's site refused every request with HTTP 403. It is wound down and its remaining citations in our record are third-party.", "url": "https://tickticktrader.com/", "readOn": "2026-09-06" }, { "slug": "top-one-futures", "name": "Top One Futures", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 2, "note": "\"Yes, you are allowed to trade news on your accounts at Top One Futures\", with Elite Daily Funded and Elite Access Funded named as the exceptions and \"Other account types than the ones listed above do not have a news trading rule.\" The Elite Daily V2 article is titled \"News Trading Rule (funded only)\" and states \"During the evaluation phase, traders may trade news freely. Once funded, restrictions apply.\"", "url": "https://help.toponefutures.com/en/articles/13904852-elite-daily-v2-news-trading-rule-funded-only", "readOn": "2026-09-06" }, { "slug": "top-one-trader", "name": "Top One Trader", "outcome": "tightens", "stated": "explicit", "evaluation": "allowed", "funded": "restricted_window", "fundedWindowMinutes": 5, "note": "\"During all challenge phases, you are free to trade during news events without any restrictions. For funded traders, however, it is prohibited to execute or close any trade within the window of 5 minutes before and 5 minutes after a high-impact news event.\" Trades opened 5 hours or more ahead may have a stop or target triggered inside the window.", "url": "https://help.toponetrader.com/en/articles/8318943-can-i-trade-during-the-news", "readOn": "2026-09-06" }, { "slug": "topstep", "name": "Topstep", "outcome": "same", "stated": "explicit", "evaluation": "allowed", "funded": "allowed", "note": "\"Topstep doesn't require you to flatten positions during economic releases - in SIM or Funded Accounts.\" Trades affected by a release are not eligible for exceptions or reset credits, which is a remedy rule rather than a trading restriction.", "url": "https://help.topstep.com/en/articles/8284211-economic-releases", "readOn": "2026-09-06" }, { "slug": "tradeday", "name": "TradeDay", "outcome": "same", "stated": "inferred", "evaluation": "restricted_window", "funded": "restricted_window", "fundedWindowMinutes": 2, "note": "\"TradeDay will auto-liquidate all open positions 2 minutes before TradeDay's tier 1 economic data releases, and open markets back up to trade 2 minutes after these releases.\" The rule is enforced at the platform, applies to everyone, and names no stage. We had TradeDay recorded as unrestricted, which has been corrected to a 2-minute blackout.", "url": "https://tradeday.freshdesk.com/en/support/solutions/articles/103000063272-can-i-trade-news-and-economic-data-releases", "readOn": "2026-09-06" }, { "slug": "tradeify", "name": "Tradeify", "outcome": "same", "stated": "explicit", "evaluation": "allowed", "funded": "allowed", "contradiction": "This is the firm whose two pages set this study going. Its rules overview was read in an earlier pass as asserting a news restriction, and a verifier wrote a correction to our data on the strength of it; the dedicated article disclaims any such rule. Re-read on 6 September, the overview no longer carries a news line at all, so the two pages now agree - but only after the summary changed.", "note": "\"We do not have any rules against or guidelines around trading news events.\" The same article names a rule that is funded-only - over half of trades and profit must come from positions held longer than 10 seconds, and \"It does not apply during an evaluation\" - so the firm distinguishes the stages where it means to, and does not for news.", "url": "https://help.tradeify.co/en/articles/10495874-rules-news-trading", "readOn": "2026-09-06" }, { "slug": "traders-launch", "name": "Traders Launch", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The published payout rules do not mention news at either stage.", "url": "https://traderslaunch.com/payout-rules", "readOn": "2026-09-06" }, { "slug": "uprofit", "name": "UProfit", "outcome": "not_stated", "stated": "neither", "evaluation": null, "funded": null, "note": "The day-account trading parameters cover loss limits, drawdown, inactivity, scaling, trading hours and consistency. News is not addressed at either stage.", "url": "https://uprofit.com/help/trading-parameters-for-our-day-accounts-38280041407892", "readOn": "2026-09-06" } ] }