Is news trading allowed?
News trading is allowed in both challenge and funded accounts. However, persistent or frequent news trading is not allowed—it should not be your core trading strategy. Trades made during Red Folder news events will be subject to profit caps.
What are the profit caps?
In funded accounts, profits made from trades executed within the five-minute window (plus or minus) of Red Folder news will be limited to 25% of the profit. Once you request a payout, any trades that were made during Red Folder news five-minute windows will be calculated and your payout adjusted.
What if my stop loss or limit orders trigger over Red Folder news?
Stop losses and limit orders placed more than two hours prior to Red Folder news events will not be counted as news trading, and all profit will be eligible for payout without profit caps.
What if I consistently trade Red Folder news?
The Upside Funding reserves the right to hard breach accounts that consistently trade news. This will be decided when an account is being reviewed for payout. If you have any concerns that you’re trading news too often, reach out to support@theupsidefunding.com and we will check your account and advise you in advance.
Why can’t I trade during Red Folder news?
High-impact news events can create extreme volatility, unpredictable price spikes, and liquidity risks. To ensure long-term sustainability for funded traders and The Upside Funding, traders must avoid trading strategies that rely on news releases.