PLEASE NOTE, THE BELOW IS ONLY APPLICABLE TO PRO/ONE/THREE PLANS. PLEASE REFER TO OUR SWING PLAN FAQ FOR THE RULES AROUND TRADING NEWS ON SWING PLANS.
During the assessment phases, you can trade freely during all news releases.
After you pass the assessment and are a Qualified Trader you should be careful when trading during news releases.
On our Qualified Analyst Pro account, you are NOT permitted to execute any new trades or close existing trades on the targeted instruments (as listed in the table) within the window of 2 minutes before and 2 minutes after the release of the news announcements below.
On our Qualified Analyst One and Qualified Analyst Three accounts, this restriction applies to a window of 5 minutes before and 5 minutes after the news releases.
To clarify, we define executing a trade as opening or closing either a pending order (including stop loss or a take profit) or market execution. You are allowed to hold your trade(s) on the targeted instrument(s) that were opened more than 2 minutes - Alpha Pro Plan - or 5 minutes (Alpha One and Alpha Three Plans) - before the restricted news event.
If your Stop Gain (adjusted Stop Loss in profit territory) or Take Profit is triggered/filled during the restricted time window, it will be considered a violation. This will be classified as a Soft Breach, and any profits acquired will not be eligible for a Performance Fee.
Any losses incurred during news trading are the trader's responsibility and will not be removed (please refer to the 'Important Trading Terms' article for information on potential slippage when trading under high-impact news conditions).
To Clarify
Alpha Pro Plan:
Can’t open trades 2 minutes before or 2 minutes after the news release
Can't close trades 2 minutes before or 2 minutes after the news release
4-minute window (2 minutes on either side of the news) NO trades to be executed
Alpha One Plan:
Can’t open trades 5 minutes before or 5 minutes after the news release
Can't close trades 5 minutes before or 5 minutes after the news release
10-minute window (5 minutes on either side of the news) NO trades to be executed
Alpha Three Plan:
Can’t open trades 5 minutes before or 5 minutes after the news release
Can't close trades 5 minutes before or 5 minutes after the news release
10-minute window (5 minutes on either side of the news) NO trades to be executed
Affected Instruments | Macroeconomic Announcements |
ALL INSTRUMENTS |
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XAUUSD.pro XAGUSD.pro |
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USD (related to Forex, Commodities & US indices, US30.PRO/RAW, US100.PRO/RAW, US500.PRO/RAW)
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EUR (FOREX Only, EU Indices) |
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GBP (FOREX Only) |
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CAD (FOREX, Oil) |
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AUD (FOREX Only) |
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NZD (FOREX Only) |
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CHF (FOREX Only) |
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JPY (FOREX, Asian Indices) |
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OTHER INSTRUMENTS | Announcements |
USOIL.PRO/RAW |
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Regarding speeches, we will consider only high-impact speeches as per the economic calendar sources mentioned below. Traders should treat the no-trade window as covering the entire duration of the speech. For example, under the Alpha Pro plan, you should not trade starting 2 minutes before the speech begins, during the speech itself, and for up to 2 minutes after it ends.
You may refer to the following Economic Calendar for comprehensive insights into significant market-moving news events. It’s worth noting that while one platform may designate certain events as "Orange" (indicating medium impact), another platform might classify them as "Red" (signifying high impact). What ultimately matters to us is whether the news release is listed above, not its classification in and of itself:
Engaging in trades that contravene our standards for achieving unrealistic fills during high-impact news events may result in the invalidation of such transactions. However, please note that this does not jeopardize the status of your account.