​Important News Trading: (ONLY FOR FUNDED SIMULATED ACCOUNTS, does not apply in phase 1 and 2 tests)

In funded accounts, it is not permitted to execute new trades or close existing trades on instruments affected by red folder macroeconomic events within a period of 8 minutes window (4 minutes before the news and 4 minutes after the news).

This refers to the manual or automated execution of trades within a specific 8-minute window, starting four minutes before and ending four minutes after an important news event (see list of events).

Any profit obtained during this window may be deducted from your account. In rare cases, it may be necessary to reset the account.

This rule only affects instruments related to the event (for example, news about the EUR does not prevent you from trading XAU/USD).

Additionally, this rule does not prevent you from opening a trade before the 8-minute window, holding it throughout the period, and closing the trade after this window. The rule does not apply to phases one and two of all our challenges. This rule only applies to funded simulated accounts.

Red Folder Macroeconomic Events can be found under the following button:

​The following table illustrates some of the Events that restrict trading activities. To see all Major Announcements, please go to the link mentioned above.