1. Can I trade during news events on Instant Funding Plus?
No, you cannot trade news on the Instant Funding Plus Model.
This is identified by a red-impact indicator on ForexFactory.com or Myfxbook.com.
2. What happens if I trade during news events on the Instant Funding Plus Model?
Any trades that are opened or closed (manually or automatically, including stop loss, take profit, or pending orders) within 5 minutes before or after a high-impact news release will result in a hard breach of the account.
News trading will be reviewed upon payout request.
3. Which high-impact news events apply to my trades?
The high-impact news rule applies differently depending on the instrument being traded:
Forex: Only high-impact news relating to a currency within the pair being traded will apply.
Example: EUR and USD news applies to EURUSD, while GBP news does not.Commodities: All high-impact news events apply, regardless of the currency associated with the event.
Indices: All high-impact news events apply, regardless of the currency associated with the event.
Cryptocurrencies: Only high-impact USD news events apply.
High-impact events are identified using the approved news calendars outlined in our News Trading Rules.