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Prop Firms With News Trading

Not all prop firms like news traders, but the reality is that news tends to create perfect trading conditions.

You just need to know what you’re doing. Most people don’t, and that’s why some proprietary firms ban this kind of trading.

But if you like to trade news, you’re like me, and I created this list of prop firms that allow news trading just for you.

Let’s dig in.

List Of All Prop Firms With News Trading

Let’s start with the list of prop firms that accept news traders, and then I’ll discuss it further with you.

Prop Firm Profit Split Cost Max Balance Rating Review Visit
up to 90% from €155 $2,000,000

4.9

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up to 90% from $32 $4,000,000

4.9

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up to 100% from $119 $2,500,000

4.8

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up to 90% from $89 $1,000,000

4.8

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up to 80% from $99 $6,400,000

4.7

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80% from $80/month $300,000

4.6

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up to 80% from €99 $5,000,000

4.6

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80% from $55 $1,280,000

4.5

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up to 100% from $33 $400,000

4.5

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up to 80% from $89/month $200,000

4.4

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90% from $115/month $250,000

4.3

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up to 80% from $55 $3,000,000

4.2

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up to 70% from $97 $160,000

4.2

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90% from $145/month $100,000

4.2

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75% from £299 $10,000,000

4.1

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80% from $150/month $400,000

4.1

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up to 90% from $26/month $300,000

4.0

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up to 90% from $129 $200,000

4.0

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up to 90% from $129 $1,500,000

3.0

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What Firm With News Trading Should I Choose?

That depends a lot on what you’re looking for besides news.

You may be more interested in a Forex prop firm, or a Futures prop firm. And even inside the same category, they have a lot of differences.

The best way is to compare them.

You can use this prop firm comparison tool to help you decide which one fits your needs the best.

Compare Any Prop Firm

What Should I Look For On A Prop Firm That Allows News Trading

Although a lot of firms allow trading during news, the rules may not be exactly the same for all of them.

And you want to stay away from trouble, right?

This is what should you look for before purchasing any challenge:

  • Minimum time with a trade open: Some firms require that you keep your trades open for a minimum amount of time, like 1 minute for example. Trading news can be quite fast. You need to understand if your trade’s duration fits the prop firm rules.
  • Account/challenge type: Prop firms often have different account types, with different rules and requirements. Some challenges may allow news trading and others don’t. Make sure that the account you choose doesn’t have any restrictions regarding news.
  • Strategy: Although you can trade news with a proprietary firm, not all strategies are welcome. Some firms ban styles like HFT, scalping, martingale, or hedging. Before purchasing an evaluation check if your trading style doesn’t go against the rules.
  • Algo trading/Bots/EAs: If you trade news using an EA or algo, you may want to check if the prop firm allows EAs. Some don’t, so make sure you check this too.
  • Leverage: To trade news you usually need to use a lot of leverage to make a decent profit with a move from a lower time frame. There are firms that only allow news trading on accounts that are made for swing trading and have restricted leverage. Understand if the challenge you’re choosing has enough leverage.
  • Different rules between evaluation and funded account: When you get funded, the rules from some prop firms may get tighter. In some cases, this may mean that you can trade news in the challenge phase, but not with your funded account. If you plan to keep trading news when you get to the funded phase, make sure the firm you choose allows it.

What Can Go Wrong While Trading News With A Prop Firm?

When you trade news you’re in the middle of high volatility.

  • Slippage at position closing: When high volatility hits a pending order like a stop loss or a take profit, it may be executed far away from where you set it. This can lead to maximum losses not being respected. If you’re too close to your maximum daily loss, or maximum drawdown, you may want to reconsider if you want to trade news.
  • Slippage at position open: Opening positions with high volatility can also be tricky. If your trade opens away from your level your risk can increase, and your potential profits may decrease. Instead of market or stop orders, prefer limit orders to open your positions. Those don’t tend to slip, or even better, slip in your direction.
  • You lose track of your metrics: News trading can be quite exciting, and we can get lost taking fast trades, in fast intervals, without noticing how we are going in terms of rule-following. Make sure you don’t forget about your maximum losses when you’re deep into news trading.
  • Delays: During the news, it may happen that some data feeds suffer delays or may even block completely. Those issues appear because a lot of people are trading at the exact same time.

Conclusion

News trading with a prop firm is allowed in many cases, but you need to check all the firm’s rules carefully. You should only proceed if your strategy and trading style fit the requirements of the firm.

If you’re not used to news trading, consider practicing some time before applying to a prop firm. Trading news can be quite fast, and you may find yourself too excited to notice if you’re following rules, or you may let things get out of control if you let slippage hit you too much.

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