News trading rules at prop firms
High-impact releases move prices fast, so many firms restrict trading around them. Rules vary widely.
Qualifying events
Typically high-impact releases: US NFP, Fed and other central-bank rate decisions, CPI and similar. Many firms publish their list.
Typical restriction
No opening or closing within 2–10 minutes either side of a release. Scope varies: funded only, or all accounts.
Consequences
Profit removal on the offending trade at some firms; hard breach and closure at others.
Permitting firms
See the news trading ranking for unrestricted and conditional firms.
FAQ
Is a Fed decision high-impact?
Yes, at almost every firm.
Holding through news?
Often allowed if you neither open nor close inside the window; check your firm's wording.