Trading the news at prop firms: what's allowed
Big news can move markets in seconds. That's why many prop firms limit trading around it, and every firm's rules are a little different.
What counts as news
Usually high-impact events like US jobs data (NFP), interest rate decisions from the Fed and other major central banks, inflation numbers and similar. Many firms publish the list they follow.
Common restrictions
A typical rule stops you from 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.
If you break the rule
At some firms, you'll lose the profit from that trade. At others, it's a hard breach and your account is closed.
Firms that allow it
Our news trading list shows which firms let you trade the news freely and which have conditions.
Questions traders ask us
Is a Fed rate decision high-impact?
Yes, at almost every firm.
Can I keep a trade open through the news?
Often yes, as long as you don't open or close it inside the restricted window. Check how your firm words it.