Can you trade the news at a prop firm?
Why do firms restrict news trading? Because big releases move markets in seconds. And do all firms have the same rules? Not at all.
What counts as news?
Usually high-impact events: US jobs data (NFP), interest rate decisions from the Fed and other central banks, inflation figures and similar. Many firms publish their list.
What are the usual restrictions?
A common rule bans opening or closing trades from 2 to 10 minutes before and after a release. Does it apply everywhere? Some firms use it only on funded accounts, others on all of them.
What happens if you break it?
At some firms the profit from that trade is removed. At others it's a hard breach and the account is closed.
Which firms allow it?
Our news trading list shows who allows it freely and who sets conditions.
Got questions?
Is a Fed rate decision high-impact?
Yes, at almost every firm.
Can I hold a trade through the news?
Often yes, as long as you don't open or close it inside the window. Check your firm's wording.