Is News Trading Allowed? Two Step
At Gold Edge Capital, news trading is strictly prohibited across all account types and all stages, including Two Step evaluations (Phase 1 and Phase 2) and funded accounts. Traders are NOT allowed to open, close, or modify any position before, during, or after high-impact news events within a restricted 5-minute window.
News Trading Restriction Window
For all high-impact (“red folder”) economic news events:
No trades may be opened, closed, or modified
5 minutes BEFORE the scheduled news release
DURING the news release
5 minutes AFTER the news release
This restriction applies to:
Two Step – Phase 1 Evaluation
Two Step – Phase 2 Evaluation
Funded Accounts
There are no exceptions, regardless of the account stage.
High-Impact News Definition
High-impact economic events are defined as “red folder” news releases published on the following official economic calendars:
Investing.com
ForexFactory.com
It is the trader’s responsibility to monitor these calendars and manage all positions accordingly.
Rule Enforcement
Violations of this rule may result in:
Trade invalidation, or
Immediate account termination,
depending on the severity of the violation.
Important Notice
Any of the following actions executed within the restricted news window will be considered a violation:
Opening positions
Closing positions
Modifying stop loss or take profit
Partial closes
Position scaling or adjustments
This applies to manual trading, automated strategies, and expert advisors.