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Little warning about trading news even though challenge and verification stages

  • Writer: Richard
    Richard
  • Jun 25, 2023
  • 1 min read

Hello guys and girls


As you can see above it says its ok to trade news though the challenge and verification stages of the funding process.


I have now moved to phase 2 but I received an email stating the fact I traded the news and made a certain % of gains through that 1 trade at high lot size and its gambling.


The lot size was similar to all my other trades but closed very fast when targets hit and all positions have a stop loss but they cant see this as I use a trade copier.


I had to confirm I would stop doing this to continue trading with them. I am confused by this as it clearly states we can trade news during phase 1 and 2 but not once live with a standard account. You can with swing accounts.


I didn't press further as want to continue and understand they want to limit risk to capital but again it says its ok?


Well emails ended in a positive note but I will try change my account to swing type in the future to save this happening again.


In the mean time I have added an EA to auto close trades before all red news events.


 
 
 

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