Prop firm rule checker
Every firm writes its rules differently, and the one you break is the one you did not read. Pick a rule, pick the firms you are looking at, and get a straight answer with the details behind it.
Pick a rule and firms
Rule
Firms (all shown)
Can I trade news?
12 yes, 8 conditional, 0 no.
No details on file.
Yes. BluSky Trading Company lets you trade during news releases at your own risk, including in live accounts unless your account has been specifically restricted. Expect slippage and wider spreads around major reports.
BulenoxYesNo details on file.
DayTradersYesNo details on file.
E8 MarketsYesNo details on file.
FTMO FuturesYesNo details on file.
No details on file.
Trading during news events is allowed on futures accounts. Volatility and slippage around major releases are your own risk, so size positions with the drawdown in mind.
IQ CapitalYesNo details on file.
Yes. Phidias Prop Firm allows news trading on all account types, so you can hold or open positions through major economic releases. Slippage and volatility around news are your own risk.
Yes. Purdia Capital places no news trading restrictions on its sim accounts, so you can trade through major economic releases. Volatility and slippage around news are your own risk.
TradeifyYesYes. Tradeify has no rules against trading news events on any account. You trade news at your own risk, so watch for slippage, and never rely on the daily loss limit as a stop during volatile releases.
Alpha FuturesConditionalAlpha Futures allows news trading on every Evaluation and on Advanced Qualified accounts. Zero, Standard and Direct Qualified accounts may hold through red-folder news but cannot place orders 2 minutes before or after it.
Funded Futures NetworkConditionalPermitted, unrestricted, during the evaluation. Banned in Exhibition and Funded: holding through a T1 event forfeits the account and all profit, no appeal.
Legends TradingConditionalApprentice Master Accounts may not trade within 2 minutes before or after a Tier-1 news release. Elite accounts (Evaluation and Master) may trade through Tier-1 news events, and profits are payable.
Lucid TradingConditionalNot allowed on LucidDaily: trading US high-impact red-folder news is a hard breach, must be flat 1 min before/after. Allowed without restriction on LucidPro, LucidFlex and LucidDirect.
My Funded FuturesConditionalMy Funded Futures bans Tier 1 news trading on Rapid, Rapid EOD and Pro Sim Funded accounts, which must be flat from 2 minutes before to 2 minutes after each release. Evaluations, Builder and Live accounts may trade it.
Take Profit TraderConditionalYes, with limits. Test accounts can trade news freely. PRO and PRO+ must be flat one minute before and after big reports like FOMC, jobs, and CPI; oil and bond auction times limit those specific markets.
TopstepConditionalNews trading is not blacked out, but purposefully trading your full Maximum Position Size directly into a scheduled major news event is a prohibited trading strategy.
TradeDayConditionalTier-1 releases (FOMC, CPI, NFP, oil/gas inventories, crop reports) auto-liquidate positions 2 min before and reopen 2 min after; all other news trading is unrestricted.
Questions traders ask
Q1Can I trade news at a prop firm?
Q2What does conditional mean in the rule checker?
Q3Which prop firms allow scalping?
Q4Can I hold trades overnight or over the weekend?
Q5Are bots and algos allowed at prop firms?
Q6What happens if a rule differs by account?
Q7What do the consistency and time limit rules mean here?
Q8How current are these rules?
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