➤ News Trading Allowed?

Modified on: April 9, 2024

Key Points:

  1. Close any open trades 3 minutes before news events.
  2. Don’t open new trades within 3-minute window before or during news events.
  3. Normal trading activities, can resume after a 3-minute buffer following the release of news.

News Trading has been allowed as an ADD-ON to your trading strategy before you purchase your challenge account if this will be part of your trading strategy with us.(Starting March 11th)

No ADD ON Included?

We allow news trading during Phase 1 & Phase 2 of challenge accounts
On our Funded Accounts there will be certain restrictions.
(During Funded Accounts there will be certain restrictions).

AlphaTrader accounts are prohibited from initiating new trades or closing existing trades on instruments affected by red folder macroeconomic events within a window of approximately 3 minutes (about 3 minutes before and after the event’s release).

To clarify, trading activities include opening, closing, or modifying pending or market orders.

It’s important to note that if your trade closes, such as due to Stop Loss or Take Profit being triggered within approximately 3 minutes before or after the red folder macroeconomic event, any profits from those trades will be rescinded, and a warning will be issued to the member. Losses incurred will not be compensated and will still result in a violation warning.

After the first warning, if your account violates the restriction once more then the account will be fully breached and terminated without further notice.
Red Folder Macroeconomic Events can be found under the following link: https://www.forexfactory.com/calendar / https://www.fxstreet.com/economic-calendar

PLEASE NOTE:
Issuing one warning notification does not imply permission to breach the rule. If it’s found, whether due to gross negligence, repeated violations of the rule over a short period (e.g., frequent news trades), or other factors, that the account in question had no intention of adhering to our news guidelines, AlphaTrader Firm reserves the right to breach the account without prior warning. It’s important to understand that if such deductions breach any of your drawdown limits, the account status will remain unchanged.

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