Best Prop Firms That Allow News Trading (2026)
Best Prop Firms That Allow News Trading (2026)
NFP, CPI and central bank rate decisions produce the fastest and most tradeable moves of the month. If news is what you trade, you need to understand the exact rules at any firm you are considering before you pay a challenge fee.
The problem is that many firms advertise news trading as allowed while their client agreement removes profits, caps gains, or breaches your account for a stop-loss that triggers at the wrong moment. Some firms allow certain releases but not others. Some allow it during the evaluation but restrict it once you are funded. And even if you are not a deliberate news trader, wide restriction windows mean you can still get caught out by accident.
We went through each firm’s own FAQ and help centre to establish what you can actually do around high impact news, on both the evaluation and the funded account. Only firms listed on Propify Compare are included.
What “News Trading Allowed” Actually Means
The phrase covers a wide range of very different situations. Before looking at individual firms, it is worth understanding the three ways restrictions actually appear in practice.
Hard restrictions block or breach you directly. This means no orders within a set window around red folder events, or account closure for deliberate news entries.
Soft restrictions let the trade happen but claw back the result. This includes profit caps, profit haircuts where only a percentage of your news window gain counts, or blanket profit removal on specific account types.
Genuine freedom means you can open and close positions through the release itself, on both evaluation and funded accounts, with no restricted window and no clawback. Very few firms offer this and it is what our ranking rewards.
Top Prop Firms That Allow News Trading
1. Fintokei – Fully Unrestricted, Challenge and Funded
Fintokei’s FAQ is unambiguous. You can open or close trades before, during, or after periods of extreme volatility caused by significant news events on any account at any stage. No window, no profit clawback, no special account type required. The general irresponsible trading clause still applies, so all-in single-shot NFP punts are out, but a structured news strategy with sensible position sizing is fully permitted.
2. E8 Markets – Unrestricted on E8 Zero and E8 Pro
E8 permits news trading with no restrictions on E8 Zero (covering Forex, Crypto, and Futures) and E8 Pro accounts, including at the funded SimFi Performance stage. That combination of evaluation and funded freedom is genuinely rare. One important caveat: the cheaper E8 One product bans news trading at the funded stage, with a 5 minute window around high impact events and profits removable within it. Product selection matters more than the brand name here.
3. FTMO – Select the Swing Account
Every FTMO evaluation is unrestricted during news across all account types. The split comes at the funded stage. Standard FTMO funded accounts cannot open or close trades, including stop-loss and take-profit triggers, within 2 minutes either side of listed events on affected instruments. The Swing account type has no news restrictions at any stage.
Swing is only available on the two-step challenge, must be selected at checkout, and cannot be switched on after purchase. That is the single most important checkbox a news trader will click when setting up an FTMO account. That said, even on a Standard account, most news events are still tradeable. FTMO publishes a clear list of exactly which events are restricted, so you always know where you stand.
4. FXIFY – Permitted on Phased Programs, With a Caveat Worth Noting
FXIFY allows news trading on all phased evaluations and their phased funded accounts with no restricted window. Two caveats apply. First, this rule covers phased programs only. Instant Funding and Lightning Challenge accounts sit outside it and are not included in this guide. Second, the FAQ carries a warning that clients taking significant risks on news trades may be banned for improper risk management. That clause is open-ended. If you are deliberately trading news as a primary strategy, the ambiguity is worth taking seriously. If you occasionally find yourself in a position over a news release, you are unlikely to have a problem.
5. GOAT Funded Trader – Allowed, With a 1% Profit Cap
News trading never breaches a GOAT account. Instead, any trade opened or closed within 5 minutes of a red folder release, including via stop-loss, take-profit, or pending orders, is capped at 1% of the initial balance in profit. The excess is removed at review. The rule applies equally to challenge and funded phases.
The structure is predictable and survivable, but it caps exactly the outsized moves news traders are hunting. It is also worth monitoring if you have a take-profit order sitting on a position held for days. A trigger inside the window will still be subject to the cap, regardless of when the trade was originally opened.
6. FundedNext – Allowed Everywhere, but a 40% Haircut When Funded
Challenge accounts are genuinely unrestricted. On funded accounts, including Stellar one-step, two-step, and Lite accounts, trades executed within 5 minutes either side of a listed high impact event on a correlated pair fall under the News Reward Share Rule. Only 40% of the profit from those trades counts toward your balance. Losses count in full. Holding through news without opening or closing inside the window is unrestricted.
For a trader who occasionally gets caught by the calendar, this is manageable. For a dedicated news strategy, the mathematics are punitive. If your news strategy has a 50/50 win rate, the 40% haircut on winners and full losses on losers will push you toward a net negative outcome quickly.
7. FunderPro – Free in Challenges, Paid Add-On When Funded
All FunderPro challenge types allow news trading and holding without restriction. Once funded, both are prohibited within a 2 minute window, and a breach terminates the account regardless of profit or loss, unless you have purchased the Swing Add-On at checkout. The add-on also reduces leverage, with Forex dropping to 1:20. Budget for the add-on if news trading is part of your funded strategy, or factor in that FunderPro’s capital comes with that restriction as standard. For traders who want genuine funded freedom around news and are comfortable with the reduced leverage, the add-on model is a workable and transparent approach.
Comparison Table: News Rules at a Glance
| Firm | Evaluation Phase | Funded Account | Restricted Window | Key Fine Print |
|---|---|---|---|---|
| Fintokei | Unrestricted | Unrestricted | None | General irresponsible/gambling-style trading clause applies |
| E8 Markets (Zero and Pro) | Unrestricted | Unrestricted | None | E8 One Performance stage bans news trading at funded stage; profits removable within 5 min window |
| FTMO (Swing) | Unrestricted (all types) | Unrestricted on Swing only | None on Swing; 2 min on Standard funded | Swing must be chosen at checkout; two-step only; cannot switch later |
| FXIFY (1/2/3-Phase) | Unrestricted | Unrestricted | None | Improper risk management ban clause; phased programs only, not Instant Funding or Lightning |
| GOAT Funded Trader | Allowed, 1% profit cap in window | Allowed, 1% profit cap in window | 5 min (red folder) | Excess profit removed, no breach; includes SL/TP/pending closures inside window |
| FundedNext | Unrestricted | Allowed; only 40% of news-window profit counts | 5 min (listed high-impact) | Losses count in full; applies to Stellar one-step, two-step and Lite funded accounts |
| FunderPro | Allowed (all challenge types) | Only with paid Swing Add-On | 2 min without add-on | Add-on cuts leverage (FX 1:20); violation results in breach regardless of profit or loss |
Windows refer to high impact red folder events on affected instruments. Always check the firm’s own calendar. Most mark restricted events explicitly in their dashboard or on a public economic calendar.
Firms to Avoid If You Trade the News
These firms are listed on Propify Compare and are strong choices for other trading styles. Their rules make a deliberate news strategy impractical or financially dangerous.
| Firm | Why News Traders Should Look Elsewhere |
|---|---|
| The5ers | No order execution of any kind within 2 minutes of red folder news on High Stakes accounts. Profits are deducted; losses remain yours. |
| Blueberry Funded | News trading banned on evaluation and funded accounts within a 2 minute window. A take-profit or stop-loss triggering inside the window counts as a violation, unless the trade is over 6 hours old and it is a stop-loss closing the position. |
| FundingPips | Deliberately trading news is prohibited even during evaluation and leads to account closure. On Master accounts, full profit is deducted from any trade opened or closed within 5 minutes of a red folder event, unless the trade was opened 5 or more hours earlier. Zero model: hard breach. |
The Fine Print That Catches News Traders
Stop-loss and take-profit triggers count as execution
At FTMO Standard, GOAT, Blueberry, and FunderPro, a stop-loss or take-profit firing automatically inside the restriction window is treated as if you clicked the button yourself. If you are flat before a release, that is straightforward to manage. If you are in an open position with brackets attached, widen or remove them before the window opens, or close the position entirely before the release.
Evaluation freedom does not mean funded freedom
FundedNext, FunderPro, FundingPips, and E8 One all allow more latitude during the challenge phase and tighten restrictions once real payouts are at stake. The industry pattern is deliberate. Read the funded account rules specifically before purchasing any challenge, not just the evaluation rules.
Clawbacks arrive at payout, not in real time
GOAT, FundedNext, and FundingPips reconcile news profits at the end of a cycle or at payout review. The balance you see in your account mid-cycle may not be the balance you are paid on. Do not assume your dashboard balance is your withdrawable balance if you have traded inside restriction windows.
Correlation matters for which instruments are restricted
Restrictions generally apply only to instruments linked to the news currency or asset. During an NFP release, you can typically still trade EURGBP because neither currency is USD. You cannot trade anything with USD exposure. At Blueberry, the correlation scope extends to gold, oil, US indices, and even BTC and ETH during dollar events. Check how broadly each firm defines correlation before assuming an instrument is safe.
Frequently Asked Questions
Can I trade NFP, CPI or FOMC on a prop firm account?
Yes, at Fintokei, E8 Zero and Pro, FTMO Swing, and FXIFY phased accounts you can trade straight through all three with no restricted window. At GOAT and FundedNext you can also trade them, but profit caps or haircuts apply to trades executed within 5 minutes of the release. At The5ers, Blueberry Funded, and FundingPips, deliberate news trading carries serious consequences including account closure or profit removal.
Do news rules differ between the challenge and the funded account?
Almost always. The standard industry pattern is unrestricted evaluations and restricted funded accounts. Firms are comfortable letting traders take news risk on a demo challenge. They are considerably less comfortable paying out news spikes on funded capital. FTMO, FundedNext, FunderPro, FundingPips, and E8 One all follow this pattern. Fintokei and E8 Zero and Pro are the notable exceptions where funded accounts remain genuinely unrestricted.
What counts as a high impact news event?
Most firms follow the Forex Factory red folder calendar as a baseline: rate decisions, NFP and employment data, CPI, GDP, and FOMC minutes. FTMO and FundingPips publish their own restricted event tables. Several firms mark restricted events directly in their in-platform trading calendars. When a firm does not publish a list, treating all red folder Forex Factory events as restricted is the safest assumption.
Can I hold a position through a news release?
Holding is more widely permitted than opening or closing during the window. FTMO Standard, FundedNext, and The5ers all allow you to sit through a release in a position opened before the window. The trap is the exit. If your stop-loss or take-profit fires inside the window, several firms treat that as a violation or deduct the profit. FundingPips Zero and Blueberry are the strictest: even holding through certain releases, or a bracket triggering automatically, can breach the account. Always check both the opening and closing rules, not just one of them.
Published by Propify. Data correct at time of publication and subject to change as firms update their terms. Always verify current rules directly against each firm’s own FAQ and client agreement before purchasing a challenge. This article is for educational purposes only and does not constitute financial advice.
