During the GFN Evaluation Stage, we have no restrictions regarding news trading and holding over the weekend!
However, please note that on a simulated GFN Funded Account any trade opened or closed 3 minutes before or after a Red Label/High Risk news release will not be counted. This will NOT violate the simulated GFN Funded Account, you will still be free to continue trading as normal; only the trade(s) opened or closed within the restricted window will have its profits removed and not be counted. To understand which news events are applicable please visit the Forex Factory Calendar which aligns with our restrictions filtered by “red label.” You only need to be concerned with news events related to the pair you are trading.
Overall we hope that this will promote good risk management and more consistent trading behavior within the GFN trading community. This will also help clients establish a good consistent trading pattern, resulting in a higher likelihood of consistent payout rewards for themselves in the long run.
Am I Allowed To Trade Over News Events?
Updated over 5 months ago