Disclaimer
By continuing to hold trades during a major news event, you acknowledge and accept the potential risks involved. These risks include slippage, market gaps, delayed executions, and increased volatility. Top One Trader is not liable for any losses incurred due to slippage caused by news events.
Trading News Events in Instant Funding Accounts
For traders with Instant Funding Accounts, news trading restrictions apply. These rules help maintain stability and protect capital during periods of high market volatility.
Prohibited News Trading Actions:
For Instant Funding traders, it is prohibited to execute or close any trades 5 minutes before and 5 minutes after a high-impact news event. These actions include:
Opening or closing pending orders (including stop loss or take profit)
Executing market orders
You are, however, allowed to hold trades that were opened more than 5 minutes before the restricted window. Be cautious, though: if your stop loss or take profit is triggered during the restricted window, it will be considered a violation. Any profits made from such trades will be deducted and will not be eligible for withdrawal.
Note: Violating the news trading rules is classified as a soft breach, meaning your account will remain open, but profits may be affected.
Prohibited Actions During the 10-Minute News Restriction Window:
(5 minutes before and 5 minutes after a high-impact news event)
Opening new trades (Market Execution/Limit Orders)
Closing trades (Market Execution/Limit Orders)
Modifying Stop Loss or Take Profit
Placing Buy Stop or Sell Stop orders
Exceptions:
Swing traders and intraday traders who have positions open for more than 1 hour before the news event may still have their take profit validated if it is triggered within 5 minutes after the event.
High-Impact News Events
Only high-impact news events that are directly related to the trading pairs you are working with are restricted. You are free to trade during low or medium-impact news events or events that do not directly affect your trading pairs.
Please note: All major U.S. high-impact news events (marked as 'Red Folder') affect all trading instruments, example of these News include:
Federal Reserve Interest Rate Decisions
FOMC Statements and Meetings
Non-Farm Payrolls (NFP)
U.S. Consumer Price Index (CPI)
Any other HIGH impact US news
In general, if it’s a high-impact U.S. news event, it affects all trading pairs. For a complete list of high-impact news events, please refer to our Economic Calendar
By understanding and adhering to these news trading restrictions, you can manage your Instant Funding Account effectively while minimizing risk during periods of high market volatility.