What are the rules for trading around economic news?
Ordinary trading during news is allowed, but hedging is prohibited from 30 minutes before to 30 minutes after a red event.
On every plan and at every evaluation stage, trading during an economic news release is allowed — provided you respect the restriction on hedging.
What is hedging?
Hedging means taking trades in opposite directions on one asset, or on correlated assets, usually to profit from price movement without carrying the risk, or to reduce risk.
The prohibited window
Hedging is not allowed from 30 minutes before to 30 minutes after major forex news events and speeches (the red events on Forex Factory). The ban covers every type of trade and order — buy stop, sell stop and so on — and can lead to a warning and ultimately to the account being closed.
This ban is applied independently and more strictly than the general grid/hedge rule: locking trades inside the window of a red event leads directly to the account being closed.
What is allowed and what is not
- Opening a one-directional trade before the release
- Closing a trade during or after the release
- Holding an open trade through the release
- Opening opposing positions on one symbol within ±30 minutes of a red event
- Using correlated assets to build an indirect hedge inside the news window
- Placing two-sided orders (buy stop + sell stop) before a release to hunt the move
Where the rule applies
| Product | Phase one | Phase two | Phase three | Funded account |
|---|---|---|---|---|
| Master | ✓ | ✓ | — | ✓ |
| Phoenix | ✓ | ✓ | — | ✓ |
| Triple | ✓ | ✓ | ✓ | ✓ |
Applies on every plan, at every evaluation stage and on the funded account.
The risk you accept
Holding trades through a news release, or entering a new position inside that window, means you fully accept the associated risks:
- Trades may close with a profit or a loss far beyond what you expected.
- Market volatility can push you through the risk levels you set.
- Full responsibility for the outcome rests with you; no review or exception is granted.
- Slippage — the gap between the expected and executed price — is normal in these windows, can be positive or negative, and cannot be removed or corrected.
Because volatility rises so sharply in these windows, trading around a news release is strongly discouraged.
Frequently asked questions
Which calendar defines the major news events?
The red events on the Forex Factory website are the reference.
If my trade takes a large loss in a news window, can it be reviewed?
No. Full responsibility for the outcome rests with the user, and Propia applies no review, correction or exception.
Related articles
The complete list of strategies and behaviours prohibited at Propia: HFT, arbitrage, unmanaged grids, group hedging and account rolling.
The minimum time each trade must stay open, how to remove the rule for free, and how it interacts with using an EA.
Not allowed by default; the Swing add-on lifts the restriction and removes swap charges too.
The Propia support team is ready to help.
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