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FXIFY News Trading Rule
The Simple Answer
FXIFY news trading is fully allowed on 1 Phase, 2 Phase, and 3 Phase accounts with no restrictions at any stage. This includes both the evaluation and funded phases. Traders on these accounts can open and close trades freely around high-impact events.
Instant Funding accounts carry a different rule. FXIFY news trading on Instant Funding is restricted: no trades can be opened or closed within 5 minutes before or after a high-impact news event. The same restriction applies to Instant Funding Lite. FXIFY advises all traders to manage risk carefully during volatile periods regardless of account type, and reserves the right to review accounts where news positions are considered disproportionate.
Below is a breakdown of how the FXIFY news trading rules apply across different account types and stages.
| Challenge Type | Evaluation Phase | Funded Phase |
|---|---|---|
| Instant (Instant Funding) | N/A | Not Allowed |
| Instant (Instant Funding Lite) | N/A | Not Allowed |
| 1 Phase | Allowed | Allowed |
| 2 Phase | Allowed | Allowed |
| 3 Phase | Allowed | Allowed |
Breakdown by Account Type
Instant Funding
There is no evaluation phase. The 5-minute restriction applies from the first trade on the funded account. No trades can be opened or closed within the window before or after a high-impact news event. Profits from trades that execute during the restricted period are subject to removal.
Instant Funding Lite
Same rule as Instant Funding. No evaluation phase and the 5-minute restriction is active from the start. Traders choosing this account should plan their strategy around the news window and check a reliable calendar before trading around major releases.
1 Phase
FXIFY news trading is fully unrestricted on 1 Phase accounts throughout the entire evaluation and funded lifecycle. There are no timing restrictions, no restricted windows, and no special news trading conditions to monitor. Traders should still account for wider spreads and potential slippage during volatile releases.
2 Phase
Both evaluation phases and the funded account are fully open for news trading. No restrictions apply at any stage. The same general advice applies: manage risk carefully during high-impact releases given the potential for slippage and spread widening.
3 Phase
All three evaluation phases and the funded account allow FXIFY news trading without restriction. No timing windows or special conditions apply. Traders can use news-based strategies throughout the entire lifecycle of a 3 Phase account.
Warning System for News Rule Violations
For Instant Funding and Instant Funding Lite accounts, trading within 5 minutes before or after a high-impact event is a violation. FXIFY may remove profits generated from restricted trades. For 1, 2, and 3 Phase accounts, there is no news-specific violation mechanism since trading around news is freely permitted. However, FXIFY reserves the right to review and restrict accounts where news trading is deemed to constitute significant or disproportionate risk taking, regardless of account type.
Final Comments
FXIFY news trading is one of the most permissive policies in the prop firm industry for challenge-based accounts. All three phase programs allow news trading with no restrictions from the first day of evaluation through to the funded stage, which removes a common source of complexity for traders who trade around major releases.
The key split is between phase-based accounts and instant accounts. Traders who prefer a fully unrestricted environment should choose a 1, 2, or 3 Phase program. Traders who want to skip the evaluation should be aware that Instant Funding and Instant Funding Lite carry the 5-minute restriction as a trade-off for immediate access to funded capital.
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FAQ
Is FXIFY news trading allowed?
Yes, on 1, 2, and 3 Phase accounts, FXIFY news trading is fully allowed with no restrictions at any stage. Instant Funding and Instant Funding Lite accounts restrict trading within 5 minutes before or after high-impact events.
Are FXIFY evaluation accounts restricted from news trading?
No. Evaluation accounts on 1, 2, and 3 Phase programs have no news trading restrictions. Traders can trade freely around any news event during the evaluation phase.
Does FXIFY Instant Funding allow news trading?
No. Instant Funding and Instant Funding Lite accounts do not allow opening or closing trades within 5 minutes before or after a high-impact news event.
What happens if I trade the news on an Instant Funding account?
Trading within the 5-minute window on an Instant Funding account is a violation. FXIFY may remove profits generated from those trades. Significant or repeated violations may lead to account review or closure.
Which FXIFY accounts have no news trading restrictions?
The 1 Phase, 2 Phase, and 3 Phase accounts have no news trading restrictions at any stage, including the funded account. Only Instant Funding and Instant Funding Lite carry the 5-minute restriction.