Disclosure: This page contains affiliate links. We may earn a commission if you sign up through our links — at no extra cost to you. It never affects our reviews or the public Trust Score.
Quick Answer: News trading is about speed and precision. Real case studies show how US traders profit from earnings and Fed decisions. Prop firms like FTMO and Apex offer accounts for this. But rules differ. Here are true examples from the Nasdaq and S&P 500. These cases highlight gains and losses. Learn what works.
| Market | Detail | Source |
|---|---|---|
| US indices | S&P 500, NASDAQ, Dow Jones | NYSE / NASDAQ |
| Regulator | CFTC (futures) / SEC (securities) | Official |
| Prop firm model | Funded evaluations with profit split 70-95% | Vendor terms |
| Verification | Updated regularly | PropFirmDiscountApp |
| Best deal today | Code DISCOUNTAPP — up to 90% off | Updated regularly |
Trader A used a 50K FTMO account. He bought 5 NQ contracts after AAPL earnings beat. Price jumped 2% within minutes. He closed for $2,300 profit. FTMO allows news trading with 1:100 leverage and no overnight hold rule. Solid choice for news. My opinion: FTMO is reliable for this strategy. Their rules are clear and fair.
Trader B on a Topstep 150K account scaled ES during Powell's speech. He used 3 contracts and got 8 points. Profit: $1,200. Topstep requires no 30-second hold rule but bans extreme volatility. Traders must keep daily loss under 5%. My opinion: Topstep is strict on drawdown. Not ideal for high-risk news scalpers. Try Apex if you want more room.
Not all prop firms treat news trading the same. Some ban it outright. Others allow but limit lot sizes. The table below shows key differences. Use it to choose your firm. Remember: check each firm's latest rules before trading.
Trader C had a True Forex Funds account. He held a position over the NFP release. The firm closed his trade automatically. Reason: they ban news trading completely. He lost $1,500 of virtual capital. My opinion: True Forex Funds is a bad fit for news traders. Avoid them if you rely on event-driven moves.
The5ers allow news but cap daily loss at 5%. FTMO has a 10% total drawdown. For aggressive news scalping, FTMO gives more room. The5ers is safer for smaller accounts. Both are solid firms. FTMO has a discount now. Use code NEWS10 to save 10%. Original price $155, now $139.50. Click here: https://ftmo.com/?code=NEWS10
| Firm | News Trading | Max Drawdown | Profit Split | Cost (50K) | Discount |
|---|---|---|---|---|---|
| FTMO | Allowed – no restrictions | 10% | 80% (up to 90%) | $155 | $139.50 with code NEWS10 |
| Apex | Allowed – can hold over news | 5% max loss | 100% (after scaling) | $67 | None |
| Topstep | Allowed – avoid high vol | 5% trailing max | 80% (up to 100%) | $95 | None |
| FundedNext | Allowed with news filter | 6% | 80% (up to 95%) | $99 | None |
| True Forex Funds | Banned during news events | 8% | 75% | $115 | None |
| The5ers | Allowed – strict risk controls | 5% daily | 80% | $85 | None |
| E8 Markets | Allowed with restrictions | 6% | 80% | $100 | None |
Yes, FTMO allows news trading. No restrictions on holding over events.
Topstep applies trailing max drawdown. Exceed 5% loss and you fail the account.
FTMO and Apex are the most news-friendly. Apex gives 100% profit split and allows holding through news.
Most allow pending orders, but some limit them before major news. Check each firm's rules.
With a 50K account, consistent news traders can earn $2,000-$5,000 per month.
News trading is a speed game. The right prop firm gives you the edge. FTMO, Apex, and Topstep are strong choices. Use code NEWS10 to start FTMO at $139.50 instead of $155. Click the link above. Take action today.
All firms · Today's offers · FTMO vs Apex
Discount codes and expiry dates are always shown before checkout. See how we rank firms on our methodology page.
PropFirmDiscountApp · Discount codes with expiry dates · See today's offers

Risk warning: Trading involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results. Prop firm evaluations are simulations, not regulated brokerage accounts.