{"term":{"slug":"news-trading-restriction","term":"News Trading Restriction","definition":"A rule prohibiting or limiting trading during major economic announcements like FOMC, NFP, and CPI releases. Firms restrict news trading because extreme volatility can cause rapid drawdown breaches.","extendedExplanation":"News trading restrictions vary significantly across firms. Some firms forbid opening or closing positions within a window around major news events (typically 2-5 minutes before and after). Others allow news trading during evaluation but restrict it on funded accounts.\n\nFTMO restricts news trading on funded accounts only -- you cannot open new positions 2 minutes before or after high-impact events. During evaluation, news trading is fully allowed. Apex restricts news trading in both evaluation and funded phases. The5%ers and FundedNext allow news trading without restrictions.\n\nThe restricted events typically include FOMC interest rate decisions, Non-Farm Payrolls (NFP), CPI reports, and GDP releases. Some firms publish a calendar of restricted events. Violations are usually detected automatically and result in profit from those trades being removed or the account being terminated.","exampleWithNumbers":"FTMO funded account, NFP release at 8:30 AM EST: you cannot open or close positions between 8:28 AM and 8:32 AM. If you hold a position through the window, that is allowed -- the restriction is on new orders. Apex is stricter: no positions can be open during FOMC/NFP/CPI. If you hold a position into the restricted window, profits may be reversed.","category":"trading","relatedTerms":["overnight-holding","weekend-holding","daily-loss-limit","position-sizing"]},"_links":{"self":"https://runvigil.app/api/glossary/news-trading-restriction","page":"https://runvigil.app/learn/news-trading-restriction","allTerms":"https://runvigil.app/api/glossary","learn":"https://runvigil.app/learn"}}