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📋 How We Rank: Ranked by how completely news trading is permitted — firms with zero restrictions at both evaluation and funded stages rank above firms with profit removal windows or program-specific exemptions. Payout track record is the tiebreaker. All data verified from official firm documentation.
News trading — opening positions around NFP, CPI, FOMC decisions, and other high-impact economic events — is one of the most commonly restricted strategies in prop trading. Most firms ban execution within 2–5 minutes of major events, remove profits from trades in that window, or prohibit news trading entirely on funded accounts. The five firms below explicitly allow news trading with minimal or no restrictions, but the details of each firm’s specific rules vary significantly — and the difference between “allowed” and “profits removed in the window” can cost you a full month’s work.
5 Best Forex Prop Firms That Allow News Trading: Comparison
| Firm | News Trading (Eval) | News Trading (Funded) | Key Restriction | Profit Split | Track Record |
|---|---|---|---|---|---|
| FundedNext | ✅ Fully allowed | ✅ Fully allowed | None | Up to 95% | $261M+ · Founded 2022 |
| The5ers | ✅ Fully allowed | ✅ Fully allowed | None explicit | Up to 100% | $43M+ · Founded 2016 |
| BrightFunded | ✅ Fully allowed | ✅ Fully allowed | None | 80–100% | $7M+ · Founded 2022 |
| Alpha Capital (Swing) | ✅ Allowed | ✅ Swing program only | 4-min window on non-Swing funded | Up to 80% | $80M (2024) · Founded 2021 |
| FX2 Funding | ✅ Allowed | ✅ Allowed | Profits removed within 5-min window | Up to 95% | Verified · Founded 2023 |
💡 Expert Tip: “News trading allowed” does not mean the same thing at every firm. There are three distinct levels: (1) Fully allowed — no restrictions at all, (2) Allowed but profits removed within a time window, (3) Allowed on evaluation only, restricted on funded accounts. Always read the specific policy in the official terms, not the marketing page.
What to Look For in a News-Trading-Friendly Prop Firm
1. Whether “allowed” applies to both evaluation AND funded stage (Critical) — This is the most common trap. Alpha Capital allows news trading during evaluation on all programs but restricts it on funded accounts (only Swing program holders can news trade while funded). If your strategy depends on news trading, you need permission confirmed at the funded stage specifically — not just the evaluation.
2. Profit removal windows vs hard bans (Critical) — A firm can say “news trading allowed” while including a rule that removes profits from any trade opened within X minutes before or after a high-impact event. FX2 Funding does this — 5-minute window profits are removed. This is meaningfully different from zero restrictions. Trading news with a profit removal window requires staying outside the window entirely, which may be harder than it sounds during fast-moving events.
3. Which events count as “high-impact” (High) — Most firms specify NFP, CPI, FOMC rate decisions, and GDP releases. Some include central bank speeches. Some count anything flagged red on the economic calendar. If a firm’s policy is vague (“high-impact events”), ask support specifically which events trigger the restriction before purchasing — the difference between a 5-event and 30-event list is significant for news traders.
4. Execution infrastructure for news trading (High) — Simulated CFD platforms can artificially widen spreads, delay execution, or reject orders during volatile news periods. For news trading to be genuinely viable, the firm’s underlying execution infrastructure matters as much as the written policy. Firms backed by regulated brokers (Blueberry Funded, FXIFY) typically have more reliable execution around news than standalone firms using unspecified liquidity.
5. Track record and payout reliability (High) — News trading generates concentrated profits in short windows. A firm that gates payouts based on vague “trading style” reviews can retroactively deny withdrawals from news-concentrated profit periods even if news trading is nominally “allowed.” Verified payout track records with high Trustpilot review volume reduce this risk.
Don’t optimize for: whether news trading is allowed during the evaluation alone. The funded account rules are what matter for your actual income. Confirm the funded stage policy explicitly before paying any challenge fee.
How to Choose the Right News-Trading Prop Firm
Step 1: Confirm zero-restriction permission at the funded stage. Only FundedNext, The5ers, and BrightFunded offer truly unrestricted news trading at both stages. If your funded strategy is news-dependent, these three are the only reliable choices on this list.
Step 2: Filter by payout track record priority. FundedNext ($261M+ paid, 4.6/5 Trustpilot) → The5ers ($43M+ paid, 4.8/5, 9 years) → Alpha Capital ($80M paid in 2024, 14K+ reviews) → BrightFunded ($7M+, newer) → FX2 Funding (verified, founded 2023). For large payout amounts from news trading concentrated profits, prioritize firms with the most verified history.
Step 3: Filter by profit split and payout speed. Need fastest payout after a big news day? FundedNext (24h guaranteed on-demand) → BrightFunded (4–24h). Willing to wait for bi-weekly? The5ers or Alpha Capital.
Step 4: Read the official terms — not the marketing page. “News trading allowed” appears on marketing pages for firms that actually remove profits in a 5-minute window. The official terms and conditions or help center documentation is the authoritative source. If you can’t find explicit news trading policy in official docs, ask support to confirm in writing before purchasing.
Skip this list if: you trade news casually as one of many strategies and news events don’t represent more than 10% of your profit — you won’t meaningfully benefit from news-trading-specific permission, and you’d be better served optimizing for drawdown structure and payout track record. See our guide to prop firms with no consistency rule if profit concentration is your main concern.
1. FundedNext: Zero News Trading Restrictions at Every Stage
FundedNext is the #1 pick for news traders because it has zero restrictions on news trading at any stage — no window requirements, no profit removal rules, no special program required. Trade NFP, CPI, FOMC, or any high-impact event at any time during evaluation or funded accounts without any rule consequence. Combined with the 24-hour payout guarantee ($1,000 compensation if missed), zero consistency rules, and $261M+ paid, it’s the most complete package for news traders on this list.
- ✅ Zero news trading restrictions — no window rules, no profit removal, no special program required
- ✅ $261M+ paid · $144M in 2025 · 4.6/5 Trustpilot · Founded 2022
- ✅ 24h payout guarantee · $1,000 comp if missed · on-demand withdrawal
- ✅ Zero consistency rules · up to 95% split · $4M scaling ceiling
- ⚠️ Max $20K on Stellar Instant · 3-year track record (newer than The5ers/FTMO)
- 📌 Best for: News traders who need completely unrestricted execution around high-impact events with the fastest on-demand payout access
| Feature | FundedNext |
|---|---|
| News Trading (Eval) | ✅ Fully allowed — no restrictions |
| News Trading (Funded) | ✅ Fully allowed — no restrictions |
| Payout Guarantee | 24h · $1,000 comp if missed |
| Total Paid | $261M+ |
| Consistency Rule | None |
| Max Split | Up to 95% |
2. The5ers: News Trading Allowed + Longest Track Record
The5ers earns its rank because it explicitly allows news trading with no stated restrictions at any stage, while carrying the longest track record of any firm on this list — $43M+ paid since 2016, 4.8/5 Trustpilot from 19,000+ reviews. The Hyper Growth instant funding program provides real live-capital accounts, meaning news trading execution reflects real market conditions (real slippage, real depth) rather than simulated CFD pricing. No minimum trading days, no time limits, and overnight/weekend holding permitted — the most flexible operational structure of any firm here.
- ✅ News trading allowed at all stages — no explicit restrictions published
- ✅ $43M+ paid · 4.8/5 Trustpilot (19,000+) · Founded 2016 · 9-year track record
- ✅ Real live-capital option (Hyper Growth) — genuine news-period execution, not simulated
- ✅ No minimum trading days · no time limits · overnight/weekend holding
- ⚠️ Bi-weekly payouts — slower than FundedNext for news-concentrated profit withdrawal · news execution restricted near major events on some programs
- 📌 Best for: News traders who want the longest-proven track record with real capital execution on the Hyper Growth program
| Feature | The5ers |
|---|---|
| News Trading (Eval) | ✅ Allowed |
| News Trading (Funded) | ✅ Allowed |
| Capital Type | Real (Hyper Growth) or simulated |
| Total Paid | $43M+ |
| Max Split | Up to 100% |
| Founded | 2016 · 9 years |
3. BrightFunded: News Trading + Static Drawdown + No Consistency Rule
BrightFunded is the best choice for news traders who also need static drawdown and zero consistency rules simultaneously. News trading is explicitly permitted at all stages with no window requirements. The static drawdown floor never moves during profitable news sessions — meaning a big NFP win doesn’t paradoxically raise your breach risk on the next day. Zero consistency rules mean concentrated news-day profits aren’t penalized regardless of distribution. 4–24h payouts. MT5 (added September 2025), cTrader, DXTrade.
- ✅ News trading fully permitted — no window restrictions at evaluation or funded stage
- ✅ Static drawdown — floor never moves after profitable news sessions
- ✅ Zero consistency rules — concentrated news-day profits not penalized
- ✅ 4–24h payouts · MT5 (Sept 2025), cTrader, DXTrade · Trade2Earn loyalty rewards
- ⚠️ $7M+ paid · Founded 2022 — newer track record than FundedNext or The5ers
- 📌 Best for: News traders who need zero restrictions plus static drawdown and no consistency rule — the most complete rule combination for news-concentrated profit strategies
| Feature | BrightFunded |
|---|---|
| News Trading (Eval) | ✅ Fully permitted |
| News Trading (Funded) | ✅ Fully permitted |
| Drawdown Type | Static — floor never moves |
| Consistency Rule | None |
| Payout Speed | 4–24 hours |
| Profit Split | 80% → 100% via scaling |
4. Alpha Capital: News Trading on Swing Program (Funded) — Most Verified Payout Record
Alpha Capital has the strongest verified payout record of any firm on this list after FundedNext — $80M paid in 2024, $48M+ verified via Payout Junction, 14,000+ Trustpilot reviews at 4.4/5. The key caveat for news traders: during evaluation, all programs allow news trading. In funded accounts, only the Swing program permits news trading (with a 4-minute buffer window). Standard funded accounts have a 4-minute trading restriction around major news events. If news trading on the funded account is important, you must purchase the Swing program specifically.
- ✅ $80M paid (2024) · $48M+ verified · 14,000+ reviews · 4.4/5 Trustpilot
- ✅ News trading allowed during evaluation — all programs
- ✅ Swing program: news trading permitted on funded accounts (4-min window applies)
- ✅ Static drawdown from starting balance · 4 platforms: MT5, cTrader, DXTrade, TradeLocker
- ⚠️ Standard funded accounts: 4-min news restriction — must choose Swing for funded news trading · 40% best-day rule on funded accounts
- 📌 Best for: News traders who want the highest verified payout track record and are willing to purchase the Swing program specifically for funded news trading permission
| Feature | Alpha Capital |
|---|---|
| News Trading (Eval) | ✅ Allowed — all programs |
| News Trading (Funded) | ⚠️ Swing program only · 4-min window |
| Total Paid | $80M (2024) |
| Platforms | MT5 · cTrader · DXTrade · TradeLocker |
| Drawdown Type | Static from starting balance |
| Profit Split | Up to 80% |
5. FX2 Funding: News Trading Allowed — Profits Removed in 5-Minute Window
FX2 Funding allows news trading but applies a profit removal rule: any profits from trades opened or closed within 5 minutes before or after a high-impact news event are removed from the account. This is meaningfully different from zero restrictions — it means news trading is technically permitted, but profiting from the exact news spike requires being outside the 5-minute window. For traders who enter news setups in advance and hold through the event, or who trade post-news momentum after the 5-minute window clears, FX2 can still work. The 48-hour payout guarantee and progressive split (80% → 95%) add operational value. Not available to US or Canadian residents.
- ✅ News trading permitted — evaluation and funded stages
- ✅ 48-hour payout guarantee · progressive split 80% → 95%
- ✅ Static drawdown (1-Step Pro / 2-Step) · 3 platforms: cTrader, DXTrade, Match-Trader
- ✅ Founded January 2023 · verified payouts · $1M+ scaling
- ⚠️ Profits removed within 5-minute news window — strategy must avoid or account for this · Not available to US/Canada residents
- 📌 Best for: News traders whose strategy enters before the window or trades post-news momentum after the 5-minute clearing period — not for spike traders who need the exact moment of impact
| Feature | FX2 Funding |
|---|---|
| News Trading (Eval) | ✅ Allowed |
| News Trading (Funded) | ⚠️ Allowed · profits removed in 5-min window |
| Payout Guarantee | 48 hours |
| Profit Split | 80% → 95% |
| US/Canada | ❌ Not available |
| Drawdown Type | Static (1-Step Pro / 2-Step) |
Which Firm Should You Choose?
| Your Situation | Best Choice | Specific Reason |
|---|---|---|
| Need zero news restrictions at every stage | FundedNext | No restrictions anywhere · 24h guaranteed payout · $261M+ paid · zero consistency rules |
| Need real capital + zero news restrictions | The5ers Hyper Growth | Only firm with real live-capital execution · 9-year track record · no restrictions published |
| Need zero restrictions + static drawdown + no consistency rule | BrightFunded | Only firm confirming all three simultaneously · 4–24h payouts |
| Want most verified payout record + news trading (Swing) | Alpha Capital Swing | $80M paid (2024) · Swing program allows funded news trading · must choose Swing specifically |
| Trade pre-news setups or post-news momentum | FX2 Funding | Profits outside 5-min window kept · static drawdown · 48h guarantee · not for spike traders |
Bottom Line: FundedNext is the #1 pick — zero news trading restrictions at any stage, on-demand 24h payouts, $261M+ paid, zero consistency rules. BrightFunded is the best combination of zero news restrictions + static drawdown + no consistency rule. The5ers is the strongest for traders who want a 9-year track record with real capital execution. Alpha Capital requires purchasing the Swing program specifically for funded news trading — verify this before buying. FX2 Funding’s 5-minute profit removal window means it suits pre-news and post-momentum strategies, not spike traders. The single most important rule: always read the official funded account policy, not just the evaluation policy — news trading permissions often differ between stages.
FAQs
Why do most prop firms restrict news trading?
Three main reasons: execution risk (extreme spreads and slippage during news events can cause unintended rule violations), model fairness (news-spike profits on simulated accounts don’t represent genuine trading skill the way sustained profitability does), and operational risk (news-concentrated profit patterns can look like stop-hunting or exploitation of the simulated environment to prop firm risk teams). Firms that allow news trading typically have stronger broker-backed execution infrastructure that makes these concerns less acute.
What does a “5-minute news window” mean in prop trading rules?
A 5-minute news window means the firm will remove profits from any trade that was opened or closed within 5 minutes before or after a high-impact economic event (NFP, CPI, FOMC, etc.). The trade itself isn’t automatically invalidated or counted as a rule breach — but any profit generated from that trade disappears from your account balance. FX2 Funding uses this model. It means news trading “is allowed” in the technical sense, but profiting from the direct news spike requires your entry and exit to both fall outside the 5-minute window.
Does FTMO allow news trading?
FTMO does not appear on this list because it has restrictions around news trading — specifically around the minimum trade duration rule (trades held for less than 2 minutes can be flagged) and limitations on strategies that exploit short-term news spikes. FTMO allows trading during news events in general, but spike-style news trading that opens and closes within seconds or minutes is constrained by the minimum hold time guideline. For pure news trading strategies, the five firms above are more permissive choices.
📋 Individual Reviews: FundedNext Review | The5ers Review | BrightFunded Review | Alpha Capital Review | FX2 Funding Review
📊 Related Comparisons: Prop Firms With No Consistency Rule | Prop Firms With Static Drawdown | Best Forex Instant Funding Prop Firms
⬆️ Full Guide: Best Prop Trading Firms — Complete Guide
