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The5ers News Trading Rule
The Simple Answer
News trading rules at The5ers depend on the program. On Hyper Growth, Pro Growth, and Bootcamp, news trading is allowed but bracketing strategies around news events are prohibited. On High Stakes, news trading is not allowed. No new orders can be executed within 2 minutes before or after a high-impact news event. Profits made during this window are deducted and any losses are absorbed by the trader.
Below is a breakdown of how The5ers news trading rules apply across different account types and stages.
| Challenge Type | Evaluation Phase | Funded Phase |
|---|---|---|
| Instant (Hyper Growth) | N/A | Allowed |
| 1 Step (Pro Growth) | Allowed | Allowed |
| 2 Step (High Stakes) | Not Allowed | Not Allowed |
| 3 Step (Bootcamp) | Allowed | Allowed |
Breakdown by Account Type
Instant (Hyper Growth)
There is no evaluation phase for this account. News trading is allowed on the funded account. Bracketing, placing both a BUY STOP and SELL STOP simultaneously around a news event, is prohibited. Aside from this restriction, traders can hold and execute trades freely during news.
1 Step (Pro Growth)
News trading is allowed during both the evaluation and funded phase. Bracketing strategies around news events are not permitted. Outside of this restriction, there are no specific timing windows that block order execution.
2 Step (High Stakes)
News trading is not allowed during either evaluation phase or the funded phase. No new orders, market or pending, can be executed within 2 minutes before or after a high-impact news event. Trades opened more than 2 minutes before the event may remain open and are allowed to hit stop loss or take profit during the restricted window. Any profit generated from a violating order is deducted from the account.
3 Step (Bootcamp)
News trading is allowed across all three evaluation phases and the funded phase. Bracketing strategies around news events are prohibited. There is no fixed timing window restriction outside of this rule.
Warning System for News Rule Violations
On Hyper Growth, Pro Growth, and Bootcamp, The5ers does not operate a progressive warning system for news trading. Using a bracketing strategy around news is treated as reckless trading and can result in account termination if identified.
On High Stakes, there is no warning system either. Any profit generated from an order executed within the 2 minute restricted window is deducted and does not count toward the trader’s target. Losses incurred during this window are absorbed by the trader. The5ers states that accounts trading recklessly around this rule, rather than as part of a normal risk-managed strategy, may be terminated.
Final Comments
The5ers takes a measured approach to news trading. Most programs allow it freely with the only restriction being a ban on bracketing strategies, which The5ers considers a form of exploiting news volatility rather than genuine trading. High Stakes applies a stricter and more specific rule with its 2 minute execution window, designed to filter out trades that only appear profitable due to slippage during high-impact events rather than genuine market analysis. Traders who treat their accounts with normal risk management have little to worry about across any program.
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FAQ
Is news trading allowed at The5ers?
It depends on the program. News trading is allowed on Hyper Growth, Pro Growth, and Bootcamp, with bracketing strategies banned. On High Stakes, news trading is not allowed and a 2 minute execution restriction applies around high-impact news.
What is bracketing and why is it banned?
Bracketing is placing both a BUY STOP and SELL STOP order simultaneously around a news event so that whichever direction the price moves, one order is triggered. The5ers prohibits this as it is considered an exploit of news volatility rather than genuine trading.
What is the news restriction window on High Stakes?
No new orders can be executed within 2 minutes before or 2 minutes after a high-impact news event. Trades opened more than 2 minutes before the event may remain open and can hit stop loss or take profit during the window.
What happens if I make a profit during the restricted window on High Stakes?
The profit is deducted from the account and does not count toward your target. Any losses incurred during this window are absorbed by the trader.
Can I hold trades through news on High Stakes?
Yes. Holding open trades over a news event is allowed on all High Stakes phases, including letting stop loss or take profit trigger during the window. The restriction only applies to executing new orders within the 2 minute window.