News Trading Ban

Also known as: news ban, high-impact news restriction, no news trading

Direct Answer

A news trading ban restricts opening or closing positions around high-impact economic releases such as nonfarm payrolls, CPI, or rate decisions. Firms enforce buffers of two to five minutes before and after the print to limit slippage exploitation. Violations typically void any profit on the trade and may breach the funded account.

News bans exist because prop firms don't want traders exploiting wide spreads and broker slippage around scheduled events. The rule is normally tied to a public economic calendar with a defined impact rating.

Common windows: 2 minutes either side on forex challenges, 5 minutes on funded accounts. Some firms only enforce on the news currency pair; others ban any open position during the window.

Enforcement

Which firms enforce this rule

FirmStrictness
The5%ersStrict
FundedNextStandard
MyFundedFXLenient
Worked Examples

Example scenarios

Scenario
Trader opens EUR/USD 90 seconds before NFP release on a firm with a 2-minute buffer.

Outcome
Trade is closed by the firm and any profit is removed from the account.

Scenario
Trader holds a USD/JPY position from earlier in the day when CPI prints; firm rule bans 'open during news'.

Outcome
Position counted as a breach trade; profit voided.

FAQ

Frequently asked questions

Which news events count?
Typically red-folder events on Forex Factory: NFP, CPI, FOMC, ECB, central-bank rate decisions.
Is the buffer before only or both sides?
Most firms enforce both sides — usually 2 minutes before and 2 minutes after the release.
Can I hold through news if I opened earlier?
Depends on the firm. Some only ban opening; others ban any open exposure during the window.
Does this apply during the evaluation only?
Many firms allow news trading on the challenge but ban it on the funded account, or vice versa.
What's the penalty for a breach?
Most firms void the offending trade's P/L; repeated violations can close the account.
See Also