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News trading

Which prop firms allow news trading?

Some prop firms allow news trading, but the permission can change between evaluation and funded stages. Compare banned time windows, slippage treatment, red-folder events, drawdown and payout clauses before trading NFP, CPI or FOMC.

Reviewed by PropRadar ResearchOfficial terms, legal files, payout signals and independent community sources.
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Trading dashboard illustrating drawdown, consistency and rule restrictions
Program-rule analysis

A rule that looks simple at brand level can change by program, stage, event window or payout cycle.

3linked firms
3legal files mapped
0payout watch profiles
2026-07-19guide updated
Quick answer

FTMO, BrightFunded and The5ers publish news-trading permissions, but the allowed window depends on the product and stage.

FTMO allows news trading in evaluation and on Swing accounts, while Standard funded accounts restrict selected events. BrightFunded allows evaluation news trading but restricts a funded 5-minute window on each side. The5ers Futures currently advertises news trading as allowed.

Sources checked 2026-07-15
Stage-by-stage answer

Which prop firms allow news trading in 2026?

Rules checked July 15, 2026. "Allowed" must always be tied to an account stage and instrument.

Firm / productEvaluationFunded-stage rule
FTMONews trading is allowed during the Evaluation Process.Swing accounts have no news restriction. Standard FTMO Accounts restrict selected instruments from 2 minutes before to 2 minutes after listed events.
BrightFundedPhase 1 and Phase 2 can trade around news without restrictions.Funded accounts prohibit execution on targeted instruments from 5 minutes before to 5 minutes after major events; affected profits can be deducted.
The5ers FuturesThe current futures program advertises news trading as allowed.Confirm the exact futures account and per-position consistency rules before trading a release.
Official sourcesFTMO news FAQBrightFunded news rulesThe5ers Futures program
Legal proof3/3Selected firms with mapped legal entity or operating structure.Payout watch0Selected firms where payout risk is above low.Deep sources3Selected firms with five or more source links saved.Review context3Main keywords plus filtered review and source context.Legal watch0Profiles needing extra legal or source caution.
Editorial standard

How PropRadar produced this guide.

The article is built from program-level rules and evidence, then edited around the decision a trader must make before checkout.

Read the full research methodology
Who
PropRadar Research reviews the guide and links the firms, rules and source files used.
How
Official terms come first; legal records, payout evidence and independent community signals provide context.
Why
The purpose is risk-first decision support. No firm can purchase a better ranking or remove a documented warning.
Freshness
Article updated ; core program sources checked 2026-07-15.
News-trading answer

Can you trade NFP, CPI and FOMC without breaking the account?

News trading is not a brand-wide yes or no. The same firm can allow every release in evaluation, restrict selected instruments on a funded account and exempt a separate swing or futures product.

FTMO currently allows news trading throughout evaluation and on Swing accounts, while Standard FTMO Accounts use a two-minute restricted window around selected events. BrightFunded allows Phase 1 and Phase 2 news trading but uses a five-minute window on each side for funded accounts.

The5ers Futures currently advertises news trading as allowed. Before NFP, CPI or FOMC, still verify the exact product, affected instrument, pending-order treatment, drawdown calculation and whether a profitable violation is deducted or treated as a breach.

Event windowsFunded-stage permissionSlippage clauses
Event-risk checks

What to read before trading a red-folder release.

  • Verify news rules in the challenge and funded stages.
  • Read restrictions around red-folder releases.
  • Check daily drawdown before trading spikes.
  • Read payout conditions linked to news trades.
Event-rule comparison

Compare permission, banned windows and payout treatment.

"News trading allowed" is not enough. Check entries, exits, pending orders, slippage and funded-stage exceptions.

FirmFlagship offerEntry feeAccountTargetDrawdownSplit / payoutPlatforms
FTMOforex/CFD traders who want an established operator
Payout LowLegal Low to mediumDeep sources
FTMO ChallengeOne-step or two-step evaluation with profit targets and loss limits.
Entry fee$155 - $1,080
Account$10,000 - $200,000
Target10% then 5% on the two-step model
Drawdown10%
Split / payout80% to 90%Low
PlatformsMT4 / MT5 / cTrader
BrightFundedCFD traders who want a clear site and advertised fast payouts
Payout LowLegal MediumDeep sources
BrightFunded EvaluationEvaluation up to 400K with cTrader, MT5 and DXtrade.
Entry fee$49+
Account$5,000 - $400,000
Targetvariable by program
DrawdownVariable
Split / payoutup to 100% depending on scalingLow
PlatformscTrader / MT5 / DXtrade
The5erscareful traders who like static limits
Payout LowLegal Low to mediumDeep sources
High StakesTwo-phase program with progressive targets and strict loss limits.
Entry fee$39 - $495
Account$5,000 - $100,000
Target8% then 5%
Drawdown10%
Split / payout80% to 100% depending on scalingLow
PlatformsMT5 / cTrader
Decisive rule

Check the rule that directly affects your style: overnight for swing, news for macro, EA/copy trading for algo, spread and daily loss for SMC.

Right profile

A good firm for your style must let you execute your normal plan without changing risk management just to survive the rules.

Mistake to avoid

Do not choose a firm because it is popular if its program bans exactly what makes your strategy work.

News-trading shortlist

Firms whose exact event rules deserve verification.

This is a research shortlist, not a permanent whitelist. Official event rules can change by program.

1
FTMOforex/CFD traders who want an established operator
Legal Low to mediumMulti-source verifiedDeep sources
DrawdownEOD
Min. price$155
PayoutLow
TrustpilotStrong5 source link(s)
Score91/100
2
BrightFundedCFD traders who want a clear site and advertised fast payouts
Legal MediumPartially verifiedDeep sources
DrawdownHybrid
Min. price$49
PayoutLow
TrustpilotMedium5 source link(s)
Score73/100
3
The5erscareful traders who like static limits
Legal Low to mediumMulti-source verifiedDeep sources
DrawdownStatic
Min. price$39
PayoutLow
TrustpilotStrong6 source link(s)
Score85/100
FAQ

Questions traders ask before trading high-impact news.

Which prop firms allow news trading?

The comparison table lists firms whose current profile does not flag news trading as fully prohibited. Permission remains program-specific, so verify both evaluation and funded-stage rules before buying. The important point is to verify official sources and the exact program conditions before paying.

Can a prop firm allow news trading but reject a payout?

Yes. A firm may allow entries around news while still enforcing slippage, prohibited-strategy, best-day, latency or payout-review clauses. The payout terms matter as much as the word allowed. The important point is to verify official sources and the exact program conditions before paying.