FundedNext allows traders to trade during news events for both Evaluation, Stellar and Stellar Lite Challenges (Applicable for both Challenge Phase and FundedNext Account).
In the Express Challenge (both on your Challenge Phase and FundedNext Account), you are restricted from opening and closing any trade 5 minutes before and after the news. This includes both Market Execution and opening/closing Pending Orders (including take profit and stop loss).
As an illustration, on May 2nd, a high-impact news event occurred at 7:30 AM. As per our rules, traders were restricted from opening or closing trades from 7:25 AM to 7:35 AM, which is a total of 10 minutes.
However, please note that you are allowed to hold your running trades during news events. Additionally, only high-impact news events that have a direct correlation with the trading pairs will be taken into consideration. If the news is not directly correlated to your trading pair or is low or mid-impact, you are free to take trades.
For example, if you want to take a trade-in EURUSD, and there is high-impact news on CNY, you can still open the EURUSD trade as the CNY news is not directly correlated to your trading pair. But if the news were in USD or EUR, then you would be restricted from opening or closing a trade 5 minutes before and after the news.
Please refer to the image below to see which currency news events are directly correlated to your trading pair: