Which Prop Firms Allow News Trading? Rules Checked by Stage

Key takeaways

Topstep, E8 Pro CFD, Bulenox Momentum, LucidFlex and E8 Signature Futures explicitly allow news trading at evaluation and funded stages without a timed blackout.

Read the full summary

Topstep, E8 Pro CFD, Bulenox Momentum, LucidFlex and E8 Signature Futures explicitly allow news trading at evaluation and funded stages without a timed blackout. FXIFY Classic has no blackout but retains a risk-management ban. Topstep’s selected $50K No Activation purchase is $95 per monthly cycle, or $47.50 per $1,000 of overall loss allowance on a first-cycle pass. The shortest ranked restriction is two minutes either side; five-minute buffers apply to Alpha Pro, Blue Guardian Nano and FundedNext Lite once funded. FundedNext credits only 40% of affected profit before the normal split. Apex, MyFundedFutures and FundingPips need separate caution because news-strategy bans or conflicting clauses prevent a blanket permission claim.

Freshness: checked October 3, 2026. Fifteen firms supplied sixteen forex/CFD and futures listings. Thirteen product-specific listings rank; three firms appear separately. Terms can change, so recheck the linked rule before buying. Each Trustpilot count carries its own read date.

Which prop firms allow news trading at both stages

If your question is which prop firms allow news trading after you pass, start with the funded column, not the evaluation column. A successful CPI trade in a challenge can become a disallowed execution, a profit deduction or an account-ending event on the next account.

• No timed news rule at either stage: Topstep, E8 Pro CFD, Bulenox Momentum, LucidFlex and E8 Signature Futures. FXIFY adds a discretionary significant-risk warning.
• News allowed when funded with a profit reduction: FundedNext Lite, where affected profit receives 40% credit, not the full amount.
• Shortest published window: FTMO Standard, Elite Daily, High Stakes and TradeDay use two minutes before and after. Only the first two add it after evaluation.
• Cheapest unrestricted first-cycle ratio: Topstep No Activation at $47.50 per $1,000. The lowest ratio among all ranked purchases is Blue Guardian Nano at $25.40, but its funded news window is longer.

For the broader trading-style decision, see the day-trading prop firm guide. This page isolates news permissions, release timing and what happens to the money, rather than choosing a drawdown style for you.

How prop firm news rules change after evaluation

News trading can mean opening just before CPI, holding an older position through a rate decision, closing after NFP or leaving pending orders around the release. Firms do not necessarily permit all four actions together. A prohibition on execution can include a stop-loss or take-profit fill, not merely manual entry. A flattening rule goes further by requiring no position or working order at all.

A CPI news window worked in clock time

Suppose a CPI release is scheduled for 8:30 AM in the calendar’s stated time zone. A two-minute buffer runs from 8:28 AM through 8:32 AM; a five-minute buffer runs from 8:25 AM through 8:35 AM. Those are illustrative times, not a claim about the next CPI release. Align platform server time with the firm’s calendar before using either range, and do not assume an execution exactly on the boundary is exempt.

On FTMO Standard, an older affected position can remain open, but a stop filling at 8:29 AM is still execution in the restricted period. On TradeDay, the earlier position is auto-liquidated before the release. On funded Elite Daily, a permitted older holding does not let you modify SL/TP inside the window. The same four-minute headline therefore describes three different practical limits.

News profit credit is not the payout split

Consider an illustrative $1,000 profitable news trade on funded Stellar Lite. The News Reward Share Rule credits $400. With Lite’s starting 80% split, that leaves $320 attributable to the trade before processor charges and other payout conditions. A $1,000 affected loss still counts as $1,000. The news adjustment is not a 40% final split, and it is not symmetrical forgiveness of losses.

A trade opening outside the window is not automatically immune if it closes inside it. Partial closes can also affect the entire order at FundedNext and FundingPips. Speeches need a duration, not only a timestamp: Alpha Pro’s buffers bracket the whole event, and FundingPips prints a longer speech rule even alongside its separate intentional-news ban.

How we checked prop firms that allow news trading

1. Read the firm’s own rule. Dedicated news FAQs, prohibited-practice pages and product rules control, not an affiliate comparison or a brand slogan.
2. Separate the stages. Evaluation, simulated funded and any later live account are not assumed to share a permission.
3. Make the window usable. Identify the before/after minutes, release list or published impact category, affected symbols and whether the action is entry, exit, modification or holding.
4. Follow the money. State automatic closure, profit credit, removal, payout denial or account termination rather than reducing all consequences to “not allowed.”
5. Compare the same purchase. Pick the lowest-cost qualifying $50K product per firm and arm, then group unrestricted products first and shorter published windows next.

Within a window length, funded-only restrictions precede restrictions at both stages; each group is ordered by entry cost per $1,000 of overall loss allowance. The figure is (list or Regular evaluation price + activation) ÷ the smallest overall allowance at any evaluation or funded stage × 1,000. Monthly rows assume one paid cycle. Codes, bundles, refunds, reset attempts and variable payout charges do not determine this ranking.

The floor is never a daily loss limit, a per-position floating-loss rule, or a minimum-balance figure. It means the overall maximum-loss allowance in dollars. Trailing mechanics remain important, but are not the news-permission test. A discretionary live move is a first watch-out, not a reason to exclude a firm. A missing rule is “not published,” never permission; ask support for a written, product-specific answer.

FTMO’s €319 price is converted at the European Central Bank EUR/USD reference rate of 1.1225 for October 2, 2026. Calculations use the unrounded conversion before the displayed cent value. Ratings do not determine ordering, and CFD rules or costs never stand in for a futures arm.

Best prop firms for news trading compared by product

The group changes matter: rows 1–6 have no timed blackout, rows 7–8 add a four-minute funded window, rows 9–10 apply a four-minute window at both stages, and rows 11–13 apply a ten-minute funded window or profit adjustment. A cheaper restricted product is not placed above an unrestricted one simply because its fee is lower.

Notes on this ranking: * Monthly figures assume passing in one paid cycle; another cycle raises total cash cost. † FTMO uses €319 × 1.1225 ÷ $5,000 × 1,000 = $71.62, not a coded dollar price. ‡ The5ers uses the smaller $4,000 allowance from its $50K table; its 10% FAQ would instead give $49.80 and still precede TradeDay within the same group. § FXIFY has no minute blackout but an unquantified significant-risk ban. ¶ Alpha speeches and press conferences cover their entire duration plus five minutes either side, so ten minutes is only the scheduled-release case. ◇ FTMO permits ordinary evaluation news trades only within its Forbidden Trading Practices; its gap-trading ban around scheduled events applies at both stages, without a minute boundary for that strategy. The four-minute funded window is not a blanket exemption. At the top, Topstep assumes a quick pass; E8 Pro is the lowest one-time no-blackout ratio at $57.00.

What each ranked prop firm allows during news

Topstep news traders keep positions open

Topstep gives the clearest low-cost answer for a futures trader who wants the same news permission before and after passing.

Evaluation: “Topstep doesn't require you to flatten positions during economic releases”. Evaluation rule. Funded: “in SIM or Funded Accounts”. Funded rule.

The economic-release article covers SIM and Funded Accounts together. There is no news blackout, restricted-release list or paid news add-on. Its calendar includes FOMC, unemployment, oil and gas inventory releases and crop reports as timing information, not trading prohibitions. News losses still count, and trades affected by releases are not eligible for exception or Reset credits.

First watch-out: A Risk Team call-up means moving to Live or closing the Express Funded Account; you cannot refuse and stay in XFA. After the first XFA payout, the Maximum Loss Limit resets to $0, so the remaining account balance is the cushion. Positions must be flat by 3:10 PM CT.

Cost at $50,000: $95 per month until pass or cancellation, plus $0 activation, against $2,000 of overall loss allowance. The entry-cost ratio is $47.50 per $1,000. This assumes a pass in one paid cycle; another cycle adds another evaluation charge.

The $49 Standard Combine adds $149 activation, giving $198 before funding on a first-cycle pass. No Activation costs $95 on that assumption. The purchase path is locked, so do not buy Standard expecting to switch later.

Offer: No code is used in this comparison; the optional daily-loss-limit discount is a different configuration.

First payout: The new-buyer share is 90%. Standard XFA requests follow five winning days of at least $150; the minimum request is $125. The $50K Standard payout cap is $2,000, and requests are limited to 50% of the balance. Payout terms.

Trustpilot: 3.6/5, 14,892 reviews, read October 2, 2026. A review score is not proof of news permission or payout eligibility.

Video: Topstep official video, May 14, 2026. Vendor-produced. This official XFA explainer concerns funding and payouts, not a news-specific tutorial.

E8 Pro news permission covers both CFD stages

E8 Pro is explicitly exempt from E8 One’s funded news window, which makes the product name more important than the brand name.

Evaluation: “You can trade news on E8 Signature and E8 Pro without any restrictions”. Evaluation rule. Funded: “SimFi™ performance Account”. Funded rule.

The dedicated Pro and Signature subsection includes Challenge and Performance accounts. There is no blackout or restricted-release list for Pro, no news profit haircut and no paid news add-on. E8 recommends avoiding high-impact releases because slippage can occur; that recommendation is not the E8 One prohibition printed beneath it.

First watch-out: The 8% static preset supplies $4,000 overall room, not its separate 2.5% daily limit. E8 Pro retains half of each payout cycle’s profit as a buffer. News permission does not make the full displayed profit immediately withdrawable.

Cost at $50,000: $228 one-time, plus $0 activation, against $4,000 of overall loss allowance. The entry-cost ratio is $57.00 per $1,000.

The $218 Pro 6% preset has only $3,000 room, giving $72.67 per $1,000. The $228 Pro 8% preset gives $57.00. The $160 CFD Signature with $2,000 gives $80.00. Both Pro presets pass the same published news clause.

Offer: No current code price and expiry were confirmed for this exact 8% preset.

First payout: The preset payout share is 80%, and the general minimum is $100 net. Rise, WorkMarket and eligible US Aeropay withdrawals are named. Pro’s retained buffer and other payout conditions still apply. Payout terms.

Trustpilot: rating hidden under a breach-of-guidelines notice, 3,297 reviews, read October 3, 2026. A review score is not proof of news permission or payout eligibility.

Video: The available official video concerns E8 One, whose news rule is different, so it is not embedded as a Pro explanation.

Bulenox Momentum news trading has no blackout

Bulenox names CPI, FOMC and NFP as events traders may continue through, rather than leaving permission implied by a general rules page.

Evaluation: “No blackout windows, no forced position closing, no penalties.”. Evaluation rule. Funded: “News trading is allowed within all risk limits.”. Funded rule.

Its FAQ permits trading through the economic calendar, and Momentum’s own rules separately confirm news permission. That means no minute window at either stage, no news-specific profit deduction and no paid news add-on. The allowed examples are not an exhaustive list of restricted events.

First watch-out: After three successful payouts, Bulenox may offer a live transition at its discretion. Declining closes the applicable Master Account and stops further rewards; Master-level balances do not transfer as ordinary cash to the new account. Confirm the Momentum-specific trailing lock condition rather than borrowing the regular Master lock point.

Cost at $50,000: $143 one-time, plus $0 activation, against $2,250 of overall loss allowance. The entry-cost ratio is $63.56 per $1,000.

Momentum’s $2,250 allowance is not the regular Qualification account’s $2,500. The regular route also adds $148 activation to a $175 purchase; its $129.20 ratio is not substituted into Momentum’s $63.56 row.

Offer: BULENOX is firm-published and described as never expiring, but a public dollar discount was not displayed. No guessed discount is printed.

First payout: Momentum pays 100% of the first $10,000 counted across the trader’s relevant accounts, then 90%. Its $50K payout minimum is $1,000, with five qualifying profitable days of at least $150, a 35% consistency requirement and a $53,000 minimum balance. Payout terms.

Trustpilot: 4.7/5, 1,800 reviews, read October 3, 2026. A review score is not proof of news permission or payout eligibility.

Video: No official Bulenox video was identified; third-party reviews are not substituted.

LucidFlex news traders accept their own slippage

LucidFlex keeps the release-time rule simple while making volatile-event outcomes the trader’s responsibility.

Evaluation: “Is news trading allowed? Yes”. Evaluation rule. Funded: “news trading is permitted”. Funded rule.

The general FAQ applies to evaluation and funded trading without a separate news window. No restricted-release list, news profit adjustment or paid news add-on is published for LucidFlex. Its warning is about fast conditions and slippage, not a timed prohibition.

First watch-out: Lucid describes progression to LucidLive after the fifth payout. A right to decline and retain the simulated account is not published. Hedging and HFT are separately prohibited, and microscalping can be flagged when more than half the profit comes from trades lasting five seconds or less.

Cost at $50,000: $146 one-time, plus $0 activation, against $2,000 of overall loss allowance. The entry-cost ratio is $73.00 per $1,000.

LucidFlex has $2,000 end-of-day trailing room and no activation or monthly rebilling. Its threshold locks at $50,100 once the relevant balance condition is met. A cheaper Daily configuration with a chosen daily limit is not treated as this Flex purchase.

Offer: The dated VAULT offer was $90.20 against $146 list, with no calendar end date confirmed. Only list price sets the row.

First payout: LucidFlex offers a 90% share and a $500 minimum request after five winning days. Not every payout-rail detail was confirmed, so check the supported withdrawal method before purchase. Payout terms.

Trustpilot: 4.3/5, 6,029 reviews, read September 27, 2026. A review score is not proof of news permission or payout eligibility.

Video: Lucid Trading official video, May 13, 2026. Vendor-produced. This official brand-story video is background, not a news-rule or LucidFlex payout explanation.

FXIFY news permission still carries a risk review

FXIFY permits ordinary news trading on its phase-based accounts but reserves the ability to ban traders taking significant news risk.

Evaluation: “we do not restrict news trading”. Evaluation rule. Funded: “the rules for the Funded stage on 1,2 and 3-Phase accounts are exactly the same as per the Assessment stages”. Funded rule.

No timed blackout or restricted-release list applies to Two Phase Classic at evaluation or funding. The news FAQ nevertheless warns that significant news risk can lead to a ban for improper risk management. The acceptable risk threshold is not quantified. No paid news add-on is needed, and no news-specific percentage deduction is stated.

First watch-out: A broad risk-management review remains even without a blackout. Permission to be in a trade during CPI is not permission to take unlimited event risk. No discretionary live call-up mechanism is published for this product.

Cost at $50,000: $379 one-time, plus $0 activation, against $5,000 of overall loss allowance. The entry-cost ratio is $75.80 per $1,000.

Two Phase Classic’s 10% static allowance is $5,000. One Phase at the same $379 has $3,000 room, while Three Phase costs $249 against $2,500. Their ratios are $126.33 and $99.60 respectively, both above Classic’s $75.80.

Offer: No unambiguous current Classic code price was accepted. A saved REWARD25 figure conflicts with its stated discount, so it is omitted rather than recomputed into a claimed live offer.

First payout: Classic offers an 80% share on the 14-day cycle or a 100% share on the 30-day choice, with a $50 minimum via Rise. The Classic card says no on-demand payout; do not replace that with a brand-wide slogan. Payout terms.

Trustpilot: 4.3/5, 6,364 reviews, read October 2, 2026. A review score is not proof of news permission or payout eligibility.

Video: FXIFY official video, September 30, 2025. Vendor-produced. This official TradingView connection walkthrough is not a news-rule explanation.

E8 Signature futures has its own news permission

E8 Signature Futures supplies a separate unrestricted route for exchange-traded futures, without borrowing a CFD price or a CFD permission.

Evaluation: “You can trade news on E8 Zero or E8 Signature accounts without any restrictions”. Evaluation rule. Funded: “SimFi performance Account”. Funded rule.

The futures help article includes Challenge and Performance accounts in its permission. There is no news blackout, restricted-release list or paid news add-on on Signature Futures. E8’s CFD Pro, CFD Signature and E8 One rules are different products and are not used to establish this row.

First watch-out: There is no live brokerage transition on this simulated product. Signature’s retained buffer, best-day requirement and limited number of Performance payouts still determine access to cash. Do not substitute the $1,000 Daily Pause for the $2,000 overall allowance.

Cost at $50,000: $170 one-time, plus $0 activation, against $2,000 of overall loss allowance. The entry-cost ratio is $85.00 per $1,000.

Zero Starter’s $178 list against $1,500 room produces $118.67 per $1,000; Signature’s $170 against $2,000 produces $85.00. They both pass the separate futures news clause, so Signature is the lower-cost qualifying purchase.

Offer: The Signature configurator showed $162 with E8, while the matching anonymous checkout showed $128 against $170 list. No end date was shown. Neither discounted figure determines rank.

First payout: Signature Futures uses an 80% share. Five profitable days, a 35% best-day limit and a drawdown-sized retained buffer apply before requesting. The first two $50K payout caps are $1,250 each; after five payouts the account is replaced with a new Challenge rather than a live seat. Payout terms.

Trustpilot: rating hidden under a breach-of-guidelines notice, 3,297 reviews, read October 3, 2026. A review score is not proof of news permission or payout eligibility.

Video: No current official Signature Futures news video was established. The CFD E8 One video would describe the wrong rules.

FTMO Standard news freedom ends after evaluation

FTMO’s Standard evaluation is not evidence that the same release-time executions will be acceptable on an FTMO Account.

Evaluation: “restriction does not apply”. Evaluation rule. Funded: “2 minutes before and ending 2 minutes after”. Funded rule.

Both 1-Step and 2-Step Standard evaluations permit news trading, provided the strategy does not violate the Forbidden Trading Practices. Once funded, the four-minute execution window covers only selected releases and affected instruments. Opening, closing and SL/TP or other pending-order execution count; a position opened earlier may remain open. A violation can terminate the FTMO Account. No paid news add-on is stated.

First watch-out: The separate gap-trading ban applies at both stages to deliberately seeking gaps around scheduled major news, macroeconomic events or corporate reports. It does not publish a before/after minute boundary for that strategy. Staying outside the four-minute execution window does not make a prohibited gap strategy acceptable. Standard’s stop or target triggering inside the window can also breach the agreement even if you did not click anything. The 1-Step fee is not refunded, and its $5,000 overall allowance trails end of day. There is no live-market call-up on this CFD product.

FTMO’s separate gap-trading and risk rules apply to evaluation and funded trading. Ask for written clarification of the exact intended strategy; the news FAQ is not an exemption from those rules.

Cost at $50,000: €319 one-time, plus $0 activation, against $5,000 of overall loss allowance. The entry-cost ratio is $71.62 per $1,000. The euro price converts to $358.08 using EUR/USD 1.1225 on October 2, 2026.

The restricted USD list includes Federal Funds Rate and Statement, NFP, unemployment and wages, advance GDP, FOMC minutes and CPI. USD pairs, gold, US indices and DXY are affected. Other currencies have their own listed releases, and oil in