News trading on Top One Crypto accounts is free during the challenge and restricted on funded accounts.
Top One Crypto accounts can be purchased through www.toponecrypto.com.
Funded accounts: you may not execute or close any trade from 5 minutes before until 5 minutes after a high impact news event (a 10-minute window). Challenge accounts can trade news freely.
Where the News Rule Applies
Account | News Trading |
Challenge accounts | During all challenge phases, you may trade news freely. There are no time restrictions around high impact news events. |
Funded accounts | Restricted window: you may not execute or close any trade within 5 minutes before and 5 minutes after a high impact news event. The total restricted window is 10 minutes. |
What Counts as Executing a Trade?
Executing a trade includes:
Opening a market order
Closing a market order
Opening or closing any pending order
Modifying a stop loss or take profit
Placing buy stop or sell stop orders
These actions are not allowed inside the restricted window.
Holding Trades During News
You may hold trades during a news event if the position was opened more than 5 minutes before the restricted window. However:
If a stop loss or take profit is triggered inside the window, the trade becomes a violation
Any profit from that trade will be removed and cannot be withdrawn
This counts as a soft breach. Repeated violations may lead to termination of the account.
Exception
If a trade has been open for at least 5 hours before the news event, its stop loss or take profit may activate during the restricted window without causing a violation. Manual closing inside the window is still prohibited.
High Impact News Events
Only high impact news events that directly affect the trading pair are restricted. Low or medium impact news does not apply.
All major United States high impact events affect all trading instruments. Examples include:
Federal Reserve interest rate decisions
FOMC statements and meetings
Non-farm payrolls
United States CPI
Any other high impact US news
If the event is marked as high impact on FXStreet, it falls under the rule.
Disclaimer
By trading during major news events, you acknowledge the risks involved. These risks include slippage, market gaps, delayed executions, and increased volatility. Top One Trader is not responsible for losses caused by slippage during news events.