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Funding Pips News Trading Rule
The Simple Answer
News trading is not allowed on funded accounts at Funding Pips. While evaluation phases permit news trading freely, once a trader reaches the funded stage, restrictions apply across all account types. The Instant (Zero) account has a stricter 10-minute window, while all other funded accounts enforce a 5-minute restriction before and after high-impact news events.
Below is a breakdown of how the Funding Pips news trading rules apply across different account types and stages.
| Challenge Type | Evaluation Phase | Funded Phase |
|---|---|---|
| Instant (Zero) | N/A | Not Allowed |
| 1 Step | Allowed | Not Allowed |
| 2 Step | Allowed | Not Allowed |
| 2 Step (Pro) | Allowed | Not Allowed |
Breakdown by Account Type
Instant (Zero)
There is no evaluation phase for this account. On the funded account, news trading is not allowed. No trades can be opened, held, or closed within 10 minutes before or after a high-impact news event on the affected currency. Violating this rule results in an immediate account breach.
1 Step
News trading is fully allowed during the evaluation phase. On the funded account, no trades may be opened or closed within 5 minutes before or after a high-impact news event. News profits will be deducted. Trades opened at least 5 hours before a news event or speech are excluded from this restriction.
2 Step
News trading is fully allowed during both evaluation phases. On the funded account, the same 5-minute restriction applies. News profits will be deducted for trades that violate the window. The 5-hour holding rule exemption applies.
2 Step (Pro)
News trading is fully allowed during both evaluation phases. On the funded account, no trades may be opened or closed within 5 minutes before or after a high-impact news event. News profits will be deducted. Trades opened at least 5 hours before a news event or speech are excluded from this restriction.
Warning System for News Rule Violations
Funding Pips does not follow a warning-based structure for news trading violations. On the Instant (Zero) account, violating the news trading rule results in an immediate account breach. On all other funded accounts, news profits are deducted from trades that violate the 5-minute restriction. There are no progressive warnings before consequences are applied.
Final Comments
Funding Pips takes a split approach to news trading. Evaluation phases across all challenge types permit news trading freely, which gives traders flexibility during the assessment stage. However, once funded, restrictions apply across the board. One key difference to note is that the Instant (Zero) account enforces a stricter 10-minute window compared to the 5-minute window on all other funded accounts, and a violation leads directly to an account breach rather than a profit deduction. Traders who rely on news trading should factor this in when choosing their account type.
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FAQ
Is news trading allowed at Funding Pips?
It depends on the account type and phase. News trading is allowed during all evaluation phases but restricted on all funded accounts.
What is the restricted window on funded accounts?
On the 1 Step, 2 Step, and 2 Step Pro funded accounts, no trades can be opened or closed within 5 minutes before or after a high-impact news event. The Instant (Zero) funded account has a stricter 10-minute window.
What happens if I violate the news trading rule on a funded account?
On the Instant (Zero) account, a violation results in an immediate account breach. On all other funded accounts, news profits are deducted from trades that fall within the restricted window.
Is there a holding rule exemption?
Yes. On the 1 Step, 2 Step, and 2 Step Pro funded accounts, trades opened at least 5 hours before a high-impact news event or speech are excluded from the restriction and may remain open through the release.
Can I trade news freely during the evaluation?
Yes. News trading is fully allowed during the evaluation phases of the 1 Step, 2 Step, and 2 Step Pro accounts with no restrictions.