Funded Friends has two news trading models:
Swing Evaluation: You are allowed to trade news with no conditions, and can open/close positions whenever you want.
Standard Evaluation: You can’t open positions 5 minutes before and after high-impact news events.*
1-Step Evaluations:
You can hold positions overnight, but not over the weekend. Positions on Friday close 60 minutes before market close, at 8:00 PM UTC.
News Trading: During both the evaluation and funded phases, you can’t open or close positions 5 minutes before and after high-impact news events.
2-Step Standard Evaluations:
You can hold positions overnight, but not over the weekend. Positions on Friday close 60 minutes before market close, at 8:00 PM UTC.
News Trading: During both the evaluation and funded phases, you can’t open or close positions 5 minutes before and after high-impact news events.
2-Step Swing Evaluations:
You can hold trades overnight
You can hold trades during the weekend
News Trading: You can trade news during both the evaluation and funded phases, without any restrictions.
* A high-impact news event is a "red folder" news event on sources such as forexfactory.com. Please be mindful of the volatility around news events relevant to the pair you're trading, as prices can easily slip past your Stop Loss or Take Profit levels. Funded Friends encourages good risk management skills.
** Trading news in an unsupported evaluation plan or simulated funded account will result in the removal of profits gained by trading the news.