During the Challenge and Verification phases, you can trade freely during all news releases however, once you are a Funded trader trading RED folder News events is NOT allowed and will be classed as a Soft-Breach.
Traders are NOT allowed to execute any new trade(s) or close an existing trade on the targeted instrument in the window of 2 minutes before until 2 minutes 59 seconds after the release of All High Impact (Red folder) News events. To clarify, we define executing a trade as opening or closing either a pending order (including stop loss or a take profit) or market execution. You are allowed to hold your trade(s) on the targeted instrument(s) that were opened more than 2 minutes before the restricted news event. Be reminded that if your Stop Loss or Take Profit is activated/filled during the restricted time window of 2 minutes before until 2:59 minutes/seconds after, it will be taken as a violation of the Account Agreement and any profit accrued, including the fee's will be removed and your balance adjusted accordingly. Other non-targeted instruments can be traded normally.
E.g. If we have High-Impact (Red folder news) in the USD, you can trade other assets or FX crosses such as; EURJPY or AUDJPY. However, you should not execute; open or close crosses such as USDJPY or GBPUSD (where there is USD exposure) during the window of 2 minutes before to 2 minutes 59 seconds after the News release.
Please note Volatility around news events are heightened which can allow for lower Liquidity within the markets, in turn increasing slippage and the Bid/Ask Spread. This has nothing to do with our broker MarketsVox nor our Liquidity Providers.
Please refer to an Economic calendar to stay aware of the latest macro-economic releases.