News trading is permitted during both phases of the challenge (Phases 1 & 2). However, news trading is generally restricted in the funded stage of our Rapid, Ascend 2-Step Challenge, and Instant Funding accounts. During the challenge stages, traders are advised to remain cautious of the increased risks associated with trading around major economic announcements or high-volatility events.
We implement a news restriction window starting 2 minutes before and ending 2 minutes after the release of any red-folder event. This applies to the execution and closure of market orders, the execution of pending limit orders, and any triggered take-profits or stop-losses within this 4-minute timeframe.
This rule applies to all instruments on our simulated platform.
The violation process is as follows:
For the Ascend 2-Step and Rapid Challenge: A maximum of two (2) warnings (soft breaches) will be issued. Each warning will result in the deduction of net profits from trades executed within the restricted window. A third (3) violation will result in a complete breach of the account.
For Instant Funding: A maximum of one (1) warning (soft breach) will be issued, with a deduction of net profits from trades executed within the restricted timeframe. A second (2) violation will lead to a full account breach.
Please be aware that while news trading is allowed during the challenge phases, practices such as news straddling, news bracketing, or any intentional manipulation of the simulated environment to pass the challenge are not permitted.
Traders are responsible for any breaches of the daily or maximum loss limits resulting from these profit deductions.
Any red-folder events listed on Forex Factory will be considered news-restricted events in the Funded Stage. However, red-folder events marked as "All Day" will not be included in these restrictions, as they lack specific release times.
To minimise confusion, avoiding trading affected instruments around high-impact news releases is recommended.
Please note that no compensation will be provided for trades executed during restricted periods; therefore, careful risk management is essential.