Most firms handle high-impact releases the same way: a locked window either side of the print, usually two to five minutes, inside which nothing can be opened or closed.
Sit in that window by accident and the trade is a violation even if the market went your way. Firms that permit news trading do not all permit the same thing, though. Some drop the restriction entirely.
Some keep it on funded accounts and lift it during the challenge. One pays you less for profit earned inside the window instead of blocking the trade.
Knowing which model you are buying matters more than seeing the phrase “news trading allowed” on a homepage.
Key Takeaways: Lark Funding and Phidias remove the restriction outright. Blue Guardian and FunderPro lift it during challenges and keep a window on funded accounts.
DNA Funded permits it outside a short window tied to your purchase date. The5ers separates holding through news from executing into it.
Top Prop Firms That Allow News Trading
Here are five firms that publish a permission, and exactly what each permission covers.
1. Lark Funding
Best for: traders who want the restriction gone and do not want to check a calendar before every entry.
Lark Funding states it without qualification. Its feature list reads “No News Restrictions” and expands to “trade freely during high-impact news events without any restrictions or limitations”.
The comparison table on the same page lists news restrictions as none against a competitor column reading “Can’t trade during news”.
That permission sits inside a rule set that is thin by design. There is no consistency rule, no minimum trading days and no minimum profitable days.
Drawdowns are static, at 7% maximum and 5% daily, so the floor stays where you left it while an NFP print moves the account around.
The 1-Step carries up to three free Smart Resets, giving four attempts for the price of one if you surrender before hitting 5% drawdown, which is a reasonable safety net for anyone deliberately trading volatility.
Payouts run through Riseworks, on average within six hours of the request.
2. Blue Guardian
Best for: traders who do their news trading while proving themselves and are willing to stand back from the print once funded.
Blue Guardian publishes the split plainly on its 2 Step Standard rule card: news trading is allowed during challenge phases, and restricted five minutes before and after high-impact news on funded accounts.
That is a deliberate structure rather than an oversight. The evaluation is where a volatility trader needs the freedom to show what the strategy does, and Blue Guardian leaves it open there.
Once real capital sits behind the account, a ten-minute exclusion around scheduled prints applies. Two other numbers on the same card are relevant if volatility is your edge.
The tick scalping rule sets a minimum holding time of two minutes, which rules out the fastest news scalps but leaves any position-based approach untouched.
And Guardian Shield, on funded accounts, auto-closes trades at 2% floating loss, a protection that behaves very differently during a spike than during a drift.
Expert Advisors are allowed, overnight and weekend holding are allowed, and the futures side of the business advertises news trading on its Express plan too.
3. DNA Funded
Best for: traders who want a permission with an exact, published boundary rather than a judgement call. DNA Funded‘s FAQ is specific in a way that few are.
Traders may trade during news events, except during restricted periods surrounding major data releases, high-impact news and significant macroeconomic events, plus unexpected market shocks that cause extreme volatility.
High-impact events are the ones marked red on the FXStreet calendar, so the reference source is named rather than left vague.
The window depends on when you bought. Accounts purchased after February 3 carry five minutes before and after the release. Accounts purchased before that date carry ten.
The 24-hour Challenge uses the five-minute window. Beyond the window, the account is genuinely open.
Reading the restriction correctly matters more here than at firms with a blanket ban, because the permitted zone is everything outside those few minutes, including the whole session that follows a release.
One planning note: news scalping specifically is on the prohibited list for funded accounts, alongside tick scalping, grid trading and Martingale. Trading the move is fine; harvesting the tick is not.
At the time of writing the site also carries a notice that new orders are paused while MT5 accounts migrate to TradeLocker, so check availability before you plan around it.
4. The5ers
Best for: swing traders who mainly need to hold through releases rather than fire into them. The5ers draws the line in a place that suits a different kind of trader, and its program pages say so directly.
On Hyper Growth: “News trading is allowed”, with the exception of bracket strategies around news.
On High Stakes: “Holding open trades over news is allowed. Executing orders 2 minutes before until 2 minutes after high-impact news is not allowed.”
Separating the two is the useful part. A position opened yesterday and running through this morning’s CPI is never at risk. What is restricted on High Stakes is the act of entering or exiting inside a four-minute band.
The prohibited practices page explains what the firms is actually guarding against, which is the bracketing setup: buy and sell stops placed just above and below price ahead of a major announcement, so one side fills on the spike regardless of direction.
Overloading margin into a single pair ahead of a high-impact event is treated the same way.
Overnight and weekend holding are both allowed, Hyper Growth carries no minimum trading days, and the platform is MT5 Hedge across desktop, web and mobile.
5. Phidias Prop Firm
Best for: futures traders who want a single answer that holds across every product the firm sells. Phidias gives the shortest answer on this page.
Its rules hub, under Economic News Trading, marks the permission “Authorized on ALL accounts” and states: “Yes, you are authorized to trade during news events on all accounts.”
The general rules repeat it: “Economic news trading is permitted on all account types.”
Express to Live spells out the same thing stage by stage, allowing news trading at Evaluation, CASH and LIVE.
That product also runs a fixed static drawdown that never trails, zero minimum trading days and no consistency rule, which removes most of the ways a volatile session can cost you something other than money.
On the 25K size it carries a $500 static drawdown, a $1,500 profit target, a limit of two E-minis or twenty micros, and a $1,000 bonus payout on an 80/20 split.
Premium accounts add overnight and over-the-weekend holding with no micro-scalping rule and no platform lock-in. Scalping, intraday and swing are all named as acceptable styles.
Two boundaries are worth knowing before you plan around any of that.
Full margin trading during high-volatility economic announcements is listed as a lottery-style practice and is not permitted, so the permission covers trading the news rather than betting the account on it.
And automation is limited: robots and fully automated algorithms are not allowed, with only semi-automated software permitted where the trader actively monitors and manually adjusts trades.
Payouts are processed under 30 minutes in 90% of cases and always inside 24 hours.
Top Prop Firms That Allow News Trading Compared
| Firm | Challenge | Funded | Restricted window |
| Lark Funding | Allowed | Allowed | None |
| Blue Guardian | Allowed | Restricted | 5 min either side, funded only |
| DNA Funded | Allowed | Allowed | 5 min either side, or 10 for older purchases |
| The5ers | Allowed | Allowed | 2 min either side on High Stakes; holding always fine |
| Phidias | Allowed | Allowed | None on any account type |
Choosing Between Them
If you want no calendar at all: Lark Funding or Phidias. Both remove the restriction across every account rather than lifting it for one stage.
If you only hold through releases: The5ers, since holding is always permitted and the two-minute band on High Stakes only touches execution.
If you trade the reaction rather than the print: DNA Funded. Everything outside five minutes is open, and the reference calendar is named so there is no ambiguity about which events count.
If the evaluation is where you need the freedom: Blue Guardian, which leaves challenge phases open and applies its window once you are funded.
Frequently Asked Questions
Which Prop Firm Has No News Trading Restriction at All?
Lark Funding and Phidias Prop Firm.
Lark states there are no news restrictions or limitations, and Phidias marks news trading as authorised on all accounts at every stage from evaluation through to live.
Why Do Prop Firms Restrict News Trading in The First Place?
Spreads widen and liquidity thins around scheduled releases, so fills during those seconds are not representative of live market conditions.
Firms restrict the window to keep evaluation results replicable rather than to stop you profiting.
Can I Hold a Position Through News Even when Trading Is Restricted?
Often yes, and the two rules are separate.
The5ers allows holding open trades over news while restricting execution inside two minutes on High Stakes, and Blueberry Funded permits a stop-loss hit inside its window on positions opened at least six hours earlier.
What Counts as A High-Impact News Event?
Each firm names a source.
DNA Funded uses the red-marked events on the FXStreet calendar, FunderPro publishes a restricted list on its economic calendar and a Discord channel, and Blue Guardian and The5ers both refer to high-impact releases without naming a single feed, so confirm with support if an event looks borderline.
Is News Trading Allowed on Funded Accounts as Well as Challenges?
It depends on the firm. Lark Funding, DNA Funded, The5ers and Phidias permit it at both stages.
Blue Guardian permits it during challenges and restricts a five-minute window either side once funded, and FunderPro requires the Swing Add-On on funded accounts.
Does Allowing News Trading Mean Anything Goes During a Release?
No. Most firms that permit it still bar the setups built to exploit the spike itself, such as The5ers on bracketing, DNA Funded on news scalping, and Phidias on full margin usage during announcements.