It depends on the challenge model you opted in for. If model rules include news trading restrictions, traders are prohibited from opening or closing trades during restricted news events. Specifically, no trades should be initiated. closed or held open within a 5-minute window before and after such events. However, if a trade was opened at least 5 hours before the news event, it may remain open during the event. This rule helps to prevent excessive volatility risks and ensures responsible trading practices during periods of heightened market uncertainty.
Not all red folder or high impact news are restricted. A calendar showing restricted events is available in the Client Area on our website.
Please note that Pending Orders that get filled within the restricted time frame β 5 minutes before to 5 minutes after the news event β are considered a rule breach.
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Orders opened at least 5 hours before a restricted event, are skipped and not taken into consideration during news trading breach verification.
β
Restricted events apply to all trading instruments, regardless of the news event being related to a single instrument.