All Articles
Guide

Which Prop Firms Allow News Trading? Full List & Comparison (2026)

March 23, 20268 min read4 views

Prop Firms That Allow News Trading: 2026 Full List

If you rely on trading major economic releases, you know that many proprietary trading firms restrict or outright ban news trading. The rules can be buried in the fine print, and breaking them—even by accident—can mean losing your funded account or being denied payouts. Here’s a data-driven, no-fluff breakdown of which top prop firms allow news trading, what their rules are, and what you need to watch out for in 2026.

Which Prop Firms Allow News Trading?

Firm News Trading Allowed? Profit Split Max Drawdown Leverage Account Sizes Min Days Challenge Cost
FTMO Yes* 80/20 → 90/10 10% (Daily 5%) 1:100 $10K–$200K 4 $155–$1,080
E8 Markets Yes 80/20 8% (Daily 5%) 1:50 $5K–$250K 5 $48–$988
FundedNext Yes 80/20 → 90/10 10% (Daily 5%) 1:100 $6K–$200K 5 $59–$999
MyFundedFX Yes 80/20 → 92.75% 8% (Daily 5%) 1:100 $5K–$300K 3 $49–$1,499
The5ers No 50/50 → 100% 6% (Daily 3%) 1:30 $6K–$100K 3 $95–$875

*FTMO allows news trading, but with major caveats—see below for details.

Firm-by-Firm News Trading Rules & Analysis

FTMO: News Trading Allowed—With Strict Caveats

  • News Trading: Permitted, but swing trading during news is prohibited
  • Profit Split: 80/20, scalable to 90/10
  • Drawdown: 10% max, 5% daily
  • Leverage: 1:100
  • Account Sizes: $10K–$200K
  • Challenge Cost: $155–$1,080
  • Trading Period: 30 days (Phase 1), 60 days (Phase 2)
  • Scaling: Up to $2M after 4 months of profitability

FTMO is the most recognized name in the industry, and they do allow news trading. However, there’s a critical restriction: you cannot hold swing trades through major news events. This means if you have open positions during high-impact news (like NFP, FOMC, CPI), you must close them beforehand—or risk breaching the rules and losing your account. Short-term news scalps are permitted, but you must be flat before the release if you're holding longer-term trades.

Warning: FTMO’s definition of “major news” is broad and can change. Always check their economic calendar and clarify with support. Violations can result in loss of your funded account, even if you’re profitable.

Is FTMO worth it for news traders? If you’re a pure news scalper (in and out within minutes), FTMO is viable. But if you want to hold swing positions through news, look elsewhere. Also, the 10% profit target and higher challenge fee ($1,080 for $200K) make FTMO less forgiving for high-risk news strategies.

E8 Markets: Flexible and News Trading-Friendly

  • News Trading: Allowed, no major restrictions
  • Profit Split: 80/20
  • Drawdown: 8% max, 5% daily
  • Leverage: 1:50
  • Account Sizes: $5K–$250K
  • Challenge Cost: $48–$988
  • Trading Period: Unlimited
  • Scaling: Performance-based

E8 Markets stands out for its unrestricted news trading policy. You can trade during, after, or before economic releases without penalty. There are no hidden news blackouts or surprise restrictions. However, there’s no weekend holding, so you can’t keep positions open from Friday to Monday.

With an 8% profit target and $988 fee for a $250K account (much lower than FTMO’s $1,080 for $200K), E8 is attractive for news-focused traders who want more flexibility. The main trade-off is the lower 8% max drawdown—on a $100K account, that’s a $8,000 loss limit, so aggressive news trades require tight risk management. Leverage is also lower at 1:50, which may limit very short-term strategies.

Key Takeaway: If you want to trade news events with maximum flexibility and lower challenge costs, E8 Markets is a strong option. Just be aware of the tighter drawdown and leverage.

FundedNext: News Trading and Profit Sharing—But Watch the Fine Print

  • News Trading: Allowed
  • Profit Split: 80/20, up to 90/10
  • Drawdown: 10% max, 5% daily
  • Leverage: 1:100
  • Account Sizes: $6K–$200K
  • Challenge Cost: $59–$999
  • Trading Period: 30 days (Phase 1), 60 days (Phase 2)
  • Scaling: Up to $4M

FundedNext explicitly allows news trading and even pays a 15% profit share during the challenge phase—a unique perk. The 10% profit target and 10% max drawdown (identical to FTMO) are standard, and leverage is a generous 1:100. Account sizes go up to $200K, with the fee for the top challenge at $999.

The main gotchas: FundedNext has multiple challenge models, and some rules (like withdrawal minimums and scaling requirements) can be confusing. Also, customer support is reportedly slow, so clarifying news trading specifics before you begin is wise. Challenge profit share is subject to certain conditions, so read the details carefully.

Key Takeaway: FundedNext works for news traders who want high leverage and the ability to earn during the challenge. Just be ready to navigate some complex rules and slower support.

MyFundedFX: Maximum Flexibility for News Traders

  • News Trading: Allowed, no restrictions
  • Profit Split: 80/20 to 92.75%
  • Drawdown: 8% max, 5% daily
  • Leverage: 1:100
  • Account Sizes: $5K–$300K
  • Challenge Cost: $49–$1,499
  • Trading Period: Unlimited
  • Scaling: Up to $600K

MyFundedFX is one of the most news-friendly prop firms in 2026. There are no explicit restrictions on news trading—you can hold, enter, or exit positions before, during, or after major announcements. This, combined with unlimited trading periods, multiple challenge formats (1-step, 2-step, 3-step), and profit splits up to 92.75%, makes it a top pick for high-frequency and event-driven traders.

The main trade-offs are a lower max drawdown (8% overall, 5% daily) and a scaling cap at $600K. Also, rules and drawdown limits can change depending on the challenge format, so double-check before you sign up. Support response time varies, which can matter if you need urgent clarification on news rules.

Key Takeaway: If you want to trade news aggressively—scalping, holding, or swinging—MyFundedFX is the most flexible among major firms. Just watch the drawdown and plan your risk accordingly.

The5ers: No News Trading Allowed

  • News Trading: Prohibited
  • Profit Split: 50/50, up to 100%
  • Drawdown: 6% max, 3% daily
  • Leverage: 1:30
  • Account Sizes: $6K–$100K
  • Challenge Cost: $95–$875
  • Trading Period: Unlimited
  • Scaling: Up to $4M

The5ers does not allow news trading at all. Any trades opened or held during major economic events are a direct violation of their rules. Their drawdown limits are also the most restrictive—just 6% max (3% daily)—and leverage is the lowest at 1:30. Even with instant funding and unlimited trading period, The5ers is a non-starter for news traders.

Warning: If your strategy involves trading news events—even passively—The5ers is not suitable. Consider E8, MyFundedFX, or FundedNext instead.

Hidden Pitfalls: What the Fine Print Doesn’t Tell You

Prop firm marketing often glosses over the real-world risks of news trading. Here’s what to watch for:

  • Changing Definitions: “Major news” can be redefined by the firm at any time. FTMO, for example, updates its list regularly. If in doubt, ask support for the current list before every week’s trading.
  • Execution Slippage: During news releases, spreads can widen dramatically. This can trigger stop-outs and violate daily or max drawdown rules, even if your position sizing is correct.
  • Server Freezes: Some prop firms (especially those with lower challenge fees) use third-party brokers or demo environments with poor execution during news. This can lead to unfair losses or missed fills.
  • Payout Disputes: A single “unauthorized” news trade can be grounds for denying a payout, even if you were profitable overall. Always keep records of your trades and correspondence with support.
  • Rule Variability: Firms like MyFundedFX and FundedNext have multiple challenge models—rules for news trading may differ by account type. Confirm the rules for your specific challenge before trading news.
Actionable Advice: Before trading news with any prop firm, get written confirmation of the rules and save all communications. Use the PropSurvivalEngine calculator to stress-test your risk of drawdown breaches during volatile news periods.

Comparison Table: Key Specs at a Glance

Firm News Trading Profit Split Drawdown Leverage Max Account Challenge Fee Weekend Holding EA Allowed Trading Period Scaling
FTMO Yes* 80/20 → 90/10 10% / 5% 1:100 $200K ($2M scaling) $1,080 Yes Yes 30/60 days $2M
E8 Markets Yes 80/20 8% / 5% 1:50 $250K $988 No Yes Unlimited Performance-based
FundedNext Yes 80/20 → 90/10 10% / 5% 1:100 $200K ($4M scaling) $999 Yes Yes 30/60 days $4M
MyFundedFX Yes 80/20 → 92.75% 8% / 5% 1:100 $300K ($600K scaling) $1,499 Yes Yes Unlimited $600K
The5ers No 50/50 → 100% 6% / 3% 1:30 $100K ($4M scaling) $875 No No Unlimited $4M

For a more detailed, side-by-side breakdown, use the PropSurvivalEngine prop firm comparison tool.

Choosing the Right Prop Firm for News Trading

Your decision should be dictated by your trading style and risk tolerance:

  • Pure news scalping (in and out within minutes): FTMO, E8 Markets, FundedNext, and MyFundedFX all work—but FTMO requires you to be flat on swing trades during news.
  • Swing trading through news: Only E8 Markets, FundedNext, and MyFundedFX truly allow this. FTMO and The5ers do not.
  • Event-driven or high-frequency news trading: MyFundedFX and E8 Markets are the most flexible, with unlimited trading periods and less restrictive policies.
  • Maximum scaling: FundedNext offers scaling up to $4M, FTMO up to $2M, but only if you can work within their news restrictions.
  • Lowest challenge fee for large accounts: E8 Markets ($250K for $988) offers the best value. FTMO’s $200K account is $1,080; MyFundedFX’s $300K is $1,499.

Drawdown management is non-negotiable. An 8% max drawdown on a $100K account (E8, MyFundedFX) means you can lose $8,000 before disqualification. With FTMO or FundedNext, you get $10,000, but with more rules.

Pro Tip: Use the PropSurvivalEngine calculator to simulate your news trading strategy against each firm’s drawdown and payout rules before committing a challenge fee.

Bottom Line: Which Prop Firm Is Best for News Trading?

Here’s the honest summary, without the marketing spin:

  • If you want the most flexibility to trade news however you want: MyFundedFX and E8 Markets are your best bets. Both allow unrestricted news trading, unlimited trading periods, and fast scaling. MyFundedFX offers higher profit splits (up to 92.75%), while E8 Markets has the lowest challenge fees for large accounts.
  • If you want maximum capital for event-driven trading: FundedNext scales to $4M and allows news trading, but be prepared for more complex rules and slower support.
  • If you prefer a household name and are willing to follow stricter rules: FTMO is viable for news scalpers—but not for swing trading through news. The evaluation is tough, fees are higher, and rules change, so always read the fine print.
  • If you want to trade news at all: Avoid The5ers. No news trading is allowed, and drawdown limits are very tight.

Ultimately, your choice comes down to your strategy, risk tolerance, and willingness to read (and follow) the rules. For most news-focused traders in 2026, MyFundedFX and E8 Markets offer the best combination of flexibility and value—just be disciplined about risk.

What to Do Next: Review each firm’s latest rules, use the PropSurvivalEngine comparison tool to shortlist options, and test your risk profile with the drawdown calculator before paying any challenge fee. Always get written confirmation of news trading rules for your specific account type.
prop firmsnews tradingcomparison2026prop tradingdrawdownprofit splitftmoe8 marketsfundednextmyfundedfxthe5ers

Use Our Free Tools

Turn these insights into action with PropSurvivalEngine's free risk tools.