The best prop firms for news trading are FXIFY's 1-, 2- and 3-Phase accounts, The5ers Hyper Growth and Bootcamp, E8 Signature and E8 Pro, FTMO Futures, and FundedNext Futures. These programs permit traders to open or manage positions around economic releases, although some restrict bracket strategies, excessive risk, or concentrated event bets.
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For forex and CFD traders, FXIFY is the clearest overall choice because its 1-, 2- and 3-Phase accounts do not have a general news-trading restriction. For futures traders, FTMO Futures and FundedNext Futures allow news trading without dedicated news windows.
Best Prop Firms for News Trading
| Prop firm and program | News trading policy | Best suited to |
|---|---|---|
| FXIFY 1-, 2- and 3-Phase | News trading allowed without a general restriction | Forex traders who trade NFP, CPI, FOMC and similar releases |
| The5ers Hyper Growth | News trading allowed, except bracket strategies | Forex traders using directional news setups |
| The5ers Bootcamp | News trading allowed, except bracket strategies | Traders who want news flexibility during evaluation and funded stages |
| E8 Signature and E8 Pro | News trading allowed without restrictions | Traders seeking a simple forex rule set |
| FTMO Futures | News trading allowed during all phases | Futures traders who follow the firm's general risk rules |
| FundedNext Futures | News trading allowed during the Challenge and funded account | Futures traders who want no dedicated news restriction |
| FundedNext CFD accounts | Allowed, but only 40% of qualifying funded-account news profits count | Traders who accept reduced profit attribution |
| Apex Trader Funding | Normal news trading allowed, but gambling, straddles and two-sided news bets are prohibited | Futures traders with a defined directional strategy |
| Topstep | Positions usually do not need to be closed for economic releases, but temporary opening restrictions can apply | Futures traders who hold through news without relying on unrestricted execution |
| The5ers High Stakes | Holding is allowed, but new orders within two minutes before or after high-impact news are restricted | Traders who hold positions rather than enter during releases |
Which Forex Prop Firms Allow News Trading?
FXIFY
FXIFY permits news trading on its 1-, 2- and 3-Phase accounts. The firm warns that spreads, liquidity and slippage can worsen during major releases. It may also take action against traders who use excessive risk.
FXIFY suits traders who:
- Open positions immediately before or after scheduled data
- Trade NFP, CPI, FOMC and central-bank decisions
- Use market or pending orders during news
- Hold trades through high-impact releases
FXIFY's instant-funding product has a separate rule. Its instant-funding FAQ says traders cannot place trades during the five minutes before or after news events. The 1-, 2- and 3-Phase policy therefore does not apply to every FXIFY product.
The5ers Hyper Growth and Bootcamp
The5ers permits news trading on Hyper Growth and Bootcamp accounts, but it prohibits bracket strategies. A bracket strategy places both a buy stop and a sell stop around the same release, with the trader attempting to profit from whichever order triggers first.
The5ers permits:
- Directional trades based on a market view
- Holding open positions through news
- News trading on Hyper Growth
- News trading on Bootcamp
The5ers prohibits:
- Simultaneous buy-stop and sell-stop news brackets
- Strategies designed to capture either side of a sudden price spike
E8 Signature and E8 Pro
E8 Signature and E8 Pro permit news trading without restrictions. E8 Markets still warns that high-impact releases can cause slippage and poor fills, but its published rules do not prohibit news execution on these programs.
E8 One has a different policy. News trading is unrestricted during the Challenge stage. The Performance Account prohibits opening, closing, modifying or triggering trades during the five-minute period before and after specified high-impact events.
The E8 rules are:
- E8 Signature: News trading allowed
- E8 Pro: News trading allowed
- E8 One Challenge: News trading allowed
- E8 One Performance Account: News trading restricted around specified high-impact events
FundedNext CFD Accounts
FundedNext permits news trading on its CFD accounts, but its funded-account profit rule can reduce the profit that counts toward a payout.
On eligible funded accounts, trades opened or closed within five minutes before or after a directly correlated high-impact event are subject to the News Reward Share Rule. Only 40% of profitable news-trade profit counts toward the account. Losses remain fully applied. Challenge accounts are not subject to this adjustment.
The rule can apply in situations such as:
- EUR/USD trading around high-impact USD or EUR news
- Stop-loss or take-profit executions during the restricted period
- Partial position closures during the restricted period
A trade during unrelated CNY news may not fall under the rule. However, a partial closure can cause the entire trade to be treated as a news trade.
FundedNext therefore permits news trading, but traders should not treat it as unrestricted payout-friendly news trading.
Which Futures Prop Firms Allow News Trading?
FTMO Futures and FundedNext Futures have the clearest no-window policies. Apex Trader Funding permits directional news trading, while Topstep is more suitable for holding positions through releases than for unrestricted order entry during them.
FTMO Futures
FTMO Futures permits news trading during all phases without a special news restriction. Traders must still follow FTMO's general forbidden-practice rules and risk-management standards. FTMO warns against concentrating trading activity around scheduled events in a way that does not match the trader's broader strategy.
FTMO Futures suits traders who:
- Trade economic releases as part of a repeatable strategy
- Avoid oversized one-off bets
- Do not rely on simulated-market quirks
- Close positions and cancel resting orders before the permitted trading day ends
News trading is allowed, but an account built around one unusually large CPI or FOMC gamble could still create a compliance problem.
FundedNext Futures
FundedNext Futures permits news trading on both Challenge and FundedNext Accounts without a dedicated news restriction. Its official guidance covers NFP, CPI, FOMC statements and GDP reports. It also warns about rapid volatility, reduced liquidity and execution risk.
FundedNext Futures is one of the clearest choices for traders who want to trade scheduled announcements without a five-minute or ten-minute blackout window.
Apex Trader Funding
Apex Trader Funding permits trading during news when it forms part of a normal trading strategy. Apex prohibits trading designed to chase the market, betting on a news outcome, or placing trades on both sides of an event to gamble on the breakout direction.
Apex is suitable for a directional news strategy, but not for:
- Buy-stop and sell-stop straddles
- Two-sided news bets
- Oversized event-only trades
- Random entries designed to capture a volatility spike
Topstep
Topstep does not generally require traders to close positions during economic releases. However, Topstep can impose temporary restrictions on new opening transactions around certain releases, including CPI, especially on equity-index products.
Topstep suits traders who want to hold through news. It is less suitable for a strategy that depends on unrestricted order entry at the exact moment of CPI or another major release.
Prop Firms That Allow Holding Through News but Restrict Execution
Holding a position during news is different from opening or closing a position during the release. The5ers High Stakes and some FundingPips account models allow holding under conditions, but restrict orders or profit attribution around high-impact events.
The5ers High Stakes
The5ers High Stakes permits traders to hold open positions through high-impact news. New orders cannot execute within two minutes before or after a high-impact event affecting the relevant currency or index.
Profits from trades executed during that window can be deducted, while losses remain the trader's responsibility.
FundingPips
FundingPips applies different news rules by account model and stage. Its evaluation accounts generally do not restrict holding trades during news. Master-account rules can deduct profits when a trade was opened within five hours before a restricted event and closed during the restricted window.
FundingPips Zero prohibits holding, opening or closing positions around restricted high-impact news.
FundingPips is therefore better for traders who hold through announcements than for traders whose edge depends on entering during the release.
What Counts as News Trading?
News trading can refer to several different actions:
- Holding through news: A position is opened earlier and remains open during the release.
- News execution: A new market or pending order executes near the announcement.
- News exit: A stop-loss, take-profit or manual close executes during the event.
- Bracket trading: Buy-stop and sell-stop orders are placed on both sides of the market.
- Directional news trading: The trader takes one position based on an expected economic outcome.
A firm may permit holding but prohibit execution. It may permit directional trading but prohibit bracket strategies. It may also permit the trade while reducing the profit that counts toward a payout.
Important Risks When Trading News With a Prop Firm
News trading can cause an account breach even when the firm technically permits it:
- Slippage: An order can fill well away from the requested price.
- Spread expansion: Wider spreads can trigger stop-losses or raise the cost of entry.
- Liquidity gaps: Price can move through an order level without a normal fill.
- Drawdown breaches: A few seconds of volatility can exceed daily or maximum loss limits.
- Profit deductions: Some firms permit the trade but remove part or all of the resulting profit.
- Pending-order violations: A pending order placed earlier can still breach the rules if it triggers during a restricted window.
Which Prop Firm Is Best for News Trading?
For forex news trading, the clearest choices are FXIFY's 1-, 2- and 3-Phase accounts, The5ers Hyper Growth and Bootcamp, and E8 Signature and E8 Pro. These programs permit active news execution, subject to risk and anti-gambling rules.
For futures news trading, FundedNext Futures and FTMO Futures have the clearest policies. Apex Trader Funding also permits news trading when it forms part of a normal directional strategy. Topstep is better suited to holding through releases than executing directly inside every news window.
Check the exact program, account stage and current rulebook before purchasing. Prop firms can apply different news rules to Challenge, funded, instant-funding and futures products.