No, trading during high-impact news events is not allowed. Any trades executed within 5-mins before and 5-mins after a high-impact news event will be considered a breach of the rules. This includes pending orders such as Take Profit (TP), Stop Loss (SL), and limit orders, as they may get executed during volatile market conditions.
If a trade was executed during this time, it will be considered as a soft-breach, where we will remove the profits made during this time.
For swing traders, we will not remove the profits if the trade was opened more than 24-hours before the release.
We strongly advise our traders to avoid placing trades or setting pending orders close to high-impact news events, as it can lead to unexpected price movements and increase risk. However, you are allowed to hold existing positions through news events.
You can check the schedule of high-impact news directly on our website tools: [LINK]