Both news trading and weekend trading come with their own set of risks. News trading can lead to fast market movements and high volatility. Weekend trades are subject to overnight and weekend risks that might not exist during normal trading hours. To manage these risks, we have different rules in place for different models.
To stay informed and manage risk effectively, we use Forex Factory as the official source for our news calendar, which you can also access directly through your FundingPips dashboard for added convenience.
IMPORTANT:
High-impact news are highlighted in red, but speeches may not always be marked the same way.
1 Step, 2 Step & FundingPips Pro
During the Evaluation Stage
There are no restrictions on holding trades during news events or over the weekend during the evaluation stage. You are free to manage your trades as you see fit.
IMPORTANT:
Purposely trading news is prohibited and will lead to account termination.
During the Master Account
You can hold trades during news events and over the weekend. However, there are specific rules regarding trades opened or closed near high-impact news events.
High-Impact News Events
You cannot open or hold positions during a 10-minute window surrounding a high-impact news event on affected currencies. This window spans 5 minutes before and 5 minutes after the event.
Profits from trades opened or closed within 5 minutes before or after a high-impact news event or speech will not be counted on the Master account.
Example: Related Currency
If a high-impact news affects USD, you can’t trade USD-related pairs within this 10-minute window.
Example: 10-Minute Window
If you open a trade 30 minutes before a news event, closing it within the 10-minute window will result in the profits being disqualified.
Speeches
During speeches, the restricted window extends from 5 minutes before the speech begins until 5 minutes after the speech concludes.
Affected Instruments
Affected Instruments
Affected Instruments | Macroeconomic Announcements |
USD |
|
EUR |
|
GBP |
|
CAD |
|
AUD |
|
NZD |
|
CHF |
|
JPY |
|
OTHER INSTRUMENTS | Announcements |
OIL (USOIL & UKOIL) | Crude Oil Inventories |
1 Step, 2 Step & FundingPips Pro News Trading Exception
To help swing traders while preventing news gamblers, trades that are opened 5 hours prior to a high impact news event are excluded and allowed to close within the prohibited time window. The profits of these trades will be counted.
Trading Rule Clarification
Trades Opened More Than 5 Hours Before the News: Profits will count if closed within the 10-minute window before the event.
Trades Opened Less Than 5 Hours Before the News: Profits will not count if closed during the 10-minute window.
Closing any partial orders will affect the entire order, leading to a flag for news trading.
Traders are responsible for violations if deductions exceed the daily loss or maximum loss limit.
FundingPips Zero
Holding trades during high-impact news events or over the weekend is NOT ALLOWED on the FundingPips Zero Master account. Violating these restrictions will result in an account breach.
IMPORTANT:
A position cannot be held or opened 10 minutes before and 10 minutes after a high-impact news event on the affected currency.
During speeches, the restricted window extends from 10 minutes before the speech begins until 10 minutes after the speech concludes.
Holding a position over the weekend is also prohibited. Ensure all trades are closed before the market closes on Friday.
Opening a trade during this window on affected currencies will lead to account termination.
Affected Instruments
Affected Instruments
Affected Instruments | Macroeconomic Announcements |
USD |
|
EUR |
|
GBP |
|
CAD |
|
AUD |
|
NZD |
|
CHF |
|
JPY |
|
OTHER INSTRUMENTS | Announcements |
OIL (USOIL & UKOIL) | Crude Oil Inventories |