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.
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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.
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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.
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Please refer to an Economic calendar to stay aware of the latest macro-economic releases.