The Funded Trading Plus news trading rules determine whether traders can freely open positions during major economic news events scheduled on ForexFactory.com.
The Simple Answer
News trading is permitted with Funded Trading Plus during all phases of the challenge and funded account. This rule has been in place since the firm launched in 2021.
However, it is important to apply prudent risk management principles while trading news events.
2 Step Challenge
| Stage | News Trading Allowed? |
|---|---|
| Step 1 (Challenge) | Yes |
| Step 2 (Challenge) | Yes |
| Funded Account | Yes |
Funded Trading Plus News Trading Restrictions
Funded Trading Plus confirms multiple times on their website, terms and conditions, FAQ section, and blogs that news trading is permitted.
They support this rule, as they believe in providing traders with freedom.
However, they also emphasise the importance of applying reasonable risk management principles.
Here is a direct reference from their terms and conditions:
“Excessive risk-taking exacerbated by news events. This relates to a ‘Boom or Bust’ approach where the success or failure of the account relies upon one simulated trade, or a series of simulated trades connected to a major news event.”
Ensuring Compliance While News Trading
All traders are familiar with the ‘boom or bust’ approach, having either tried it or heard of it.
Its nature is self-explanatory: a trader takes a trade so large relative to their margin and trading account that the account will either go bust, get margin called, and fully hit or exceed the overall drawdown, or they will pass the challenge.
While Funded Trading Plus does not specify an exact lot size or percentage, they expect traders to manage risk reasonably.
When trading with Funded Trading Plus, ensure you use appropriate lot sizes and risk management at all times. By doing so, you can definitely trade freely during news events.
Funded Trading Plus Discount Code
If your strategy involves trading during major news events without restrictions, Funded Trading Plus may be the right choice for you.
Don’t forget to grab the highest discount for Funded Trading Plus on their company page here.