Yes, trading during news releases and economic events is fully allowed.
There are no restrictions on opening, closing, or holding trades during high-impact news. You may also hold positions over weekends and holidays without limitation. News trading does not result in any penalties or violations, provided that all other standard trading rules are followed.
⚠️ Important Warning: Why We Do Not Recommend It
While news trading is permitted, we strictly advise against it unless you are highly experienced. Our platform is designed to simulate real market conditions, meaning the execution environment behaves exactly as the live market does during high-impact events (such as NFP, FOMC, or CPI releases).
If you choose to trade during these times, you are exposed to significant risks that can jeopardize your challenge account:
Extreme Volatility: Prices can fluctuate wildly in milliseconds. This erratic movement can trigger stop-losses or hit drawdown limits instantly, often before you have time to react.
Widened Spreads: During major news, liquidity providers often widen the spread (the difference between the Buy and Sell price) significantly. This means your trade could open with a much larger immediate loss than you calculated, potentially breaching your daily loss limit.
Slippage: Due to the rapid price changes and thin liquidity, your orders (including Stop Losses) may not execute at the exact price you set. They will execute at the next available price, which could be significantly worse than your intended entry or exit point.
Please Note: We cannot compensate for losses caused by these natural market mechanics. If slippage causes you to breach a drawdown limit, the violation will stand.
We recommend using tools like the Forex Factory calendar to stay informed about upcoming events and to manage your risk exposure carefully.