2-Step Challenge: Is News Trading allowed?

📢 Trading Restrictions Around Economic News Releases

To ensure fair trading conditions and protect against extreme volatility, the following restrictions apply during high-impact economic news events.

📆 Trade Timing Restrictions

No trading is allowed within 3 minutes before and after a high-impact news release.
Example: For a news event at 12:30 PM, trading is restricted from 12:27 PM to 12:33 PM.

✅ Permissible Trading Activities

Positions opened more than 3 minutes before the news release may be held through the event.
Limit Orders (with predefined Stop Loss and Take Profit) placed more than 3 minutes prior to the news event may be triggered during the release.
Existing SL/TP on trades initiated before the restricted window remain active and unaffected.

🚫 Prohibited Actions

The following are strictly prohibited within 3 minutes before, during, and after a high-impact news release:

Manually opening or closing trades.
Modifying Stop Loss (SL) or Take Profit (TP) levels.
Placing, editing, or canceling any pending or limit orders.

Violating these rules will result in a Hard Breach of trading terms.

📊 News Source & Timing

All news release times follow MT5 server time.
We utilize Forex Factory as the official source for economic news events.

📰 Affected News Releases

These rules apply to all currency pairs and indices affected by the following Red Folder News Events:

Consumer Price Index (CPI)
FOMC Statement & Meetings
Non-Farm Employment Report (NFP)
Any red-tier events marked in Forex Factory
Presidential announcements, geopolitical developments, war outbreaks, and sudden economic releases
Central bank interest rate decisions or emergency interventions

Note: For all-day red events, restrictions apply to all relevant pairs for the entire day.

🌍 Currency-Specific Restrictions

If the red folder event affects a specific currency (e.g., GBP), restrictions apply to all related pairs (e.g., GBPUSD, GBPJPY) and indices priced in that currency (e.g., FTSE100).
For speeches marked red, trading can only resume 5 minutes after the speech ends.

✉️ Email Announcements

Certain restricted news events may be announced via email. These must be observed as per the timing specified in the email, regardless of standard rules.

⚠️ Black Swan Events

In the case of unpredictable events such as:

Geopolitical conflicts
Market-wide crashes
Sudden governmental or central bank interventions

The following may occur:

Trade being voided due to market irregularities
Slippage and widened spreads
Disruptions in liquidity and extreme volatility

While not considered a typical breach under the news rules, we reserve the right to take action for any trades affected during such extraordinary circumstances.