Overview
Trading around major economic news releases carries heightened risk. During high-impact events, markets can experience sudden volatility, price gaps, slippage, and widened spreads. These conditions make entries and exits difficult to control and can produce results that do not reflect a trader's genuine skill or strategy. For these reasons, Moneta Funded restricts news trading on most account types.
Is News Trading Allowed?
Restricted on all programs, except Instant Funding Pro.
Standard programs (1-Step, 2-Step, Instant Funding, Phoenix, Sprint) News trading is restricted on both the challenge (evaluation) and funded phases.
Sprint Challenge: news trading is restricted, and in addition gap trading, market open, and market close trading are also not allowed. The market open/close restriction covers the New York, London, and Asia session opens and closes, and the general CFD rollover at 10:00 PM UTC.
Instant Funding Pro: news trading is fully allowed; the restrictions below do not apply.
What Counts as a News Trade? (The 10-Minute Window)
A trade is treated as a "news trade" based on its timing relative to a scheduled high-impact (red folder) economic event affecting that instrument. We use the ForexFactory economic calendar (forexfactory.com) as the reference for scheduled high-impact events and their release times.
Restricted window: You may not open or close a trade — manually or via Take Profit / Stop Loss — during the 5 minutes before and the 5 minutes after a scheduled high-impact news event.
Allowed: A trade that was opened at least 2 hours before the scheduled event may close during the restricted window, including closure triggered by Take Profit or Stop Loss.
Platform Times (Important for the News Window)
ForexFactory shows event times in the timezone you select on the site. To apply the 5-minute window correctly, convert the event time to your trading platform's server time:
MetaTrader 5 (MT5): server time is UTC+3 in summer (daylight saving) and UTC+2 in winter.
MatchTrader: server time is UTC.
Always confirm the event time against your platform's clock before opening or closing a position on an affected instrument.
Risks Associated with Medium or High-Impact News Trades
Summary: Trading during high-impact news exposes the account to conditions that are difficult to manage and are not representative of normal market behavior:
Volatility spikes — prices can move sharply and unpredictably in seconds.
Slippage — orders may fill at a materially worse price than requested.
Price gaps — the market can jump straight through stop-loss and take-profit levels.
Widened spreads — the gap between Bid and Ask can widen significantly around the release.
Execution uncertainty — pending and stop orders may trigger at unexpected levels.
Which Instruments Are Affected?
When a currency has a scheduled high-impact (red folder) event on the ForexFactory calendar, the restriction applies to every instrument tied to that currency — its currency pairs, the indices and commodities linked to that economy, and its cryptocurrency pairs. The affected instruments differ by platform, so the mapping is shown separately for MT5 and MatchTrader below.
The affected currencies follow the ForexFactory high-impact (red folder) set: USD, EUR, GBP, JPY, AUD, CAD, CHF, NZD, and CNY. Only red-folder events are restricted — medium-impact events are not.
MetaTrader 5 (MT5)
includes Forex, Gold, Silver, Cryptocurrency, CFDs (Indices), Nikkei, Oil, and Commodities
MatchTrader
includes Forex, Cryptocurrency, Commodities, and Indices
Full symbol reference: What Can I Trade on Moneta Funded. Metals, oil, and soft commodities are USD-denominated and therefore listed under USD; gold/silver crosses (e.g. XAUEUR, XAUJPY, XAUAUD, XAGAUD) appear under their quote currency.
How to Check Upcoming News — Economic Calendar
Moneta Funded uses the ForexFactory economic calendar (forexfactory.com) as the reference for scheduled high-impact (red folder) events. Filter the calendar to high-impact events, note the scheduled release time, and avoid opening or closing positions on any affected instrument within the 5-minute window before and after that time. Always confirm the event time in your own timezone before trading.
Consequences of Violating the News Trading Rule
Net profits generated from trades that violate this rule may be subject to deduction.
Repeated attempts to trade high-impact news across multiple days may result in account restriction or violation.
Weekend Holding
Holding positions overnight and over the weekend is allowed on Moneta Funded accounts (except where a program restricts it — for example, gap trading on the Sprint Challenge). There is no requirement to close positions before the weekend.
Important — a weekend gap can trigger a daily loss breach. When the market reopens after the weekend, prices can gap significantly from Friday's close. If you are holding an open position, this gap can create a large floating loss the moment the market opens. Because the Daily Loss Limit is measured on your equity (including floating/unrealized losses), a weekend gap against your position can push your equity below the daily breach level and breach the account. Size any position you hold over the weekend with this gap risk in mind.