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2,020 accounts from 81 firms

Prop Firms Allowing News Trading (2026)

News trading is permitted at 81 of the 90 prop firms we follow. The5ers Futures ranks first on room for a release spike: 50% of its accounts have no daily cap, and its $50K benchmark has no daily cap with a 4% end-of-day trailing limit. A few firms allow news in the challenge but limit it once you are funded.

By Editorial teamListing data refreshed List prices, no promo codes

Trading the news means having positions open around major releases like NFP, CPI or a central bank decision. A lot of firms forbid trades in a window of a few minutes around them.

Every firm here allows news trading on at least some accounts. Funded accounts often bring the restriction back, so check those rules too.

Method: Inclusion rule: the firm's published features allow news trading. Ranking: room for a news spike (the loss one session may take, the drawdown model and its price) blended with our score. No firm with an open warning makes the picks. We quote official list prices with no promo codes and add any fee you pay after passing.

Prop Firms Allowing News Trading in numbers

Firms listed
81
Accounts compared
2,020
Profit target, all phases (median)
10%
Maximum loss (median)
6%
Daily loss cap (median)
3%, with no daily cap on 18% of accounts
Drawdown mix
static on 46%, end-of-day trailing on 18%, balance-trailing on 17%
Funded split (median)
80%
Payout cycle (median)
every 14 days
How you pay
subscription on 5% of accounts, a one-off fee on the rest
Fee charged after you pass
on 10% of accounts, median $159
Consistency rule
10% of accounts have no best-day cap in the challenge or at payout; 48% state a cap size
Minimum trading days (median)
3
50K forex account, median list price
$339
100K forex account, median list price
$569
Platforms offered by most firms
44 firms on MetaTrader 5, 26 on Match-Trader, 25 on cTrader, 22 on TradingView

Every figure is a median of accounts, not of firms: the 2,020 accounts listed here, at list price, as of October 5, 2026. Size prices leave out pay-later plans.

How much a bad release can cost you

A stop can slip several points on a release. What decides whether that ends the account is the daily cap and how the overall limit is measured, so this table sets them side by side.

FirmAccounts with no daily capDaily cap (benchmark)Max lossDrawdown modelList price
The5ers Futures50%none4%End-of-day trailing$100
City Traders Imperium74%none5%Balance-trailing$449
The Trading Pit28%none6%Balance-trailing$1,799
WenCrypto33%none8%Static$20 + $589 after passing
Topstep100%none4%End-of-day trailing$95/mo
Lark Funding33%none5%Static$370
Instant Funding44%none4%End-of-day trailing$99
FundedNext Futures75%none3%End-of-day trailing$134
FundedNext18%4%8%Static$400
Fintokei0%5%10%Static$549
Lucid Trading80%none4%End-of-day trailing$105
Take Profit Trader100%none4%End-of-day trailing$170/mo + $130 after passing
My Funded Futures69%none4%End-of-day trailing$209
Ylos Trading100%none5%End-of-day trailing$248
FTMO0%5%10%Static€540

Our data records whether news trading is permitted, not the length of any blackout window around releases; read the firm's funded-account rules for that.

Quick comparison of the leaders

Forex/CFD · compared on the 100K account, or the nearest size

#FirmAccountTargetLoss capsSplitPayout cyclePriceStands out for
1City Traders Imperium4.0$100K Evaluation 1-Step8%no daily cap · 5% total (balance-trailing)80%Monthly$449No daily cap
2The Trading Pit4.0$100K CFD Instant Funding - Instant Instantnoneno daily cap · 6% total (balance-trailing)80%Every 14 days$1,799All-rounder
3Lark Funding3.9$100K 3-Stage Evaluation 3-Step5% / 4% / 3%no daily cap · 5% total (static)80%Every 14 days$370Fixed loss floor
4Instant Funding3.9$50K IF Evolve 1-Step6%no daily cap · 4% total (end-of-day trailing)80%After 5 profitable days$99Cheap to start
5FundedNext4.4$100K Stellar Lite Challenge 2-Step8% / 4%4% a day · 8% total (static)80%Every 14 days$400Heavily reviewed
6Fintokei4.0$100K Pro Trader - Evaluation 2-Step8% / 6%5% a day · 10% total (static)80%Every 14 days$549Many account types
7FTMO3.8€100K Standard Challenge 2-Step10% / 5%5% a day · 10% total (static)80%Every 14 days€540Long history
8The5ers4.3$100K Bootcamp Program 3-Step6% / 6% / 6%no daily cap · 5% total (static)50%Every 14 days$95 + $205 after passingBig account sizes

Futures · compared on the 50K account, or the nearest size

#FirmAccountTargetLoss capsSplitPayout cyclePriceStands out for
1The5ers Futures4.2$50K Day Trade 1-Step6%no daily cap · 4% total (end-of-day trailing)80%Every 14 days$100No daily cap
2Topstep4.0$50K No Activation Fee 1-Step6%no daily cap · 4% total (end-of-day trailing)90%After 5 profitable days$95/moSplit of 90% or more
3FundedNext Futures4.0$50K Flex 1-Step5%no daily cap · 3% total (end-of-day trailing)95%Every 5 days$134Paid weekly
4Lucid Trading3.9$50K LucidFlex 1-Step6%no daily cap · 4% total (end-of-day trailing)90%Every 5 days$105Cheap to start

Crypto · compared on the 100K account, or the nearest size

#FirmAccountTargetLoss capsSplitPayout cyclePriceStands out for
1WenCrypto3.9$100K Buy Now Pay Later 1-Step4%no daily cap · 8% total (static)80%Every 10 business days$20 + $589 after passingFixed loss floor
2For Traders Crypto3.9$100K Fast Pro 1-Step6%no daily cap · 4% total (end-of-day trailing)90%On request$289No daily cap
3E8 Perpetuals4.2$100K E8 One 1-Step9%4% a day · 6% total (balance-trailing)80%On request$488Big account sizes

Futures firms set targets and loss limits in dollars; we show them as a percent of the account.

Firms listed
81
out of 90 firms in our data
Target, this page (median of accounts)
10%
Everything else: 10%
Max loss, this page (median of accounts)
6%
Everything else: 6%
$10K of funding, this page (one-off fees)
$78
$125 per $1K of max loss; Everything else: $79.80 per $10K

The strongest pick for each priority

No daily cap
The5ers
$100K Bootcamp Program · only a 5% static overall limit
Fixed loss floor
FundingPips
$100K Pro - Challenges · 6% static floor for $466
Deepest static floor
Hola Prime
$200K Pro · 18% fixed limit on $200K
Least paid per $1K of max loss
DayTraders
$300K Trail · $20.74 per $1K: $7K of loss room for $140 + $5 after passing
Pick for futures
The5ers Futures
$50K Day Trade · $100 at $50K
Pick for crypto
WenCrypto
$100K Buy Now Pay Later · $20 + $589 after passing

A formula picks these from 2,020 accounts. We leave out our Editor's Choice and any firm carrying a warning.

Editor's Choice · Our editorial pick, pinned and disclosed; it places #15 of 81 on this page's ranking.

Editor's Choiceeditorial and commercial pick, pinned above the rankingAccepts all but 5 countries

Hash Hedge

Editor's rating · calculated 4.0
4.5 Trustpilot · 111 reviews
Visit site
on hashhedge.com
Cheapest way in
$79
Countries not accepted
5
Max profit split
80%up to 90% with a paid add-on
Fastest payouts
Bi-weekly
Benchmark account: $100K Crypto + TradFi - 2-Stage2-Step
Price
$799
Profit target
8% / 6%
Daily loss
5%
Max loss
10% then 8% static
Split
80%
Payouts on this account
Every 14 days
  • ✓ Static drawdown
  • ✓ No time limit
  • ✓ News trading
  • – EAs / bots
  • ✓ Weekend holding
  • – Fee refunded
  • Pay by Crypto (USDT: TRC20, ERC20, BEP20, Solana, Arbitrum, Optimism) · paid by Crypto (USDT)
  • Hash Hedge Terminal (web)
  • Selling challenges since 2025
Score breakdown
Countries accepted (30%)96
Cost (20%)27
Rules & drawdown (15%)75
Payouts & split (15%)73
Trader reviews (10%)67
Ways to pay & get paid (5%)29
Firm popularity (5%) ⓘ46

Firm popularity: Monthly Google searches for the firm's name across all countries, from Ahrefs keyword data (sub-brands carry their parent company's number). It shows the firm is known and in real use rather than a fly-by-night, but tells you nothing about its rules or payouts.

All 2,020 accounts side by side

Each account sold by the firms listed here, priced at list. The table opens on $100K forex/CFD accounts with the lowest price on top.

226 matching accounts · list prices without discounts

Firm · accountSizeStepsTargetDaily capTotal capDD : targetSplitPayout cycleList price
FundedHive ⚠4.1Pay From Profits 2-Step - 100K$100K2-Step8%|6%5%10% Static1:0.7180%On request$99$9.90 / $10KVisit
Leveraged4.0Leveraged ONE - 1-step - 100K$100K1-Step6%3%6% Trailing bal.1:180%Bi-weekly$188$18.80 / $10KVisit
OFP Funding ⚠4.2Instant Lite (3% daily) - 100K$100KInstant5%3%5% Static1:180%One-time$200$20 / $10KVisit
Blue Guardian ⚠4.3 ★★★★★ 3.32 Step Nano - 100K$100K2-Step8%|5%3%10% Static1:0.7780%Bi-weekly$239$23.90 / $10KVisit
FundedHive ⚠4.1Pay From Profits 1-Step - 100K$100K1-Step10%5%10% Static1:180%On request$249$24.90 / $10KVisit
OFP Funding ⚠4.2Instant Lite (5% daily) - 100K$100KInstant5%5%10% Static1:280%One-time$250$25 / $10KVisit
Trade The Pool3.7 ★★★★★ 4.4Edge - 1-Step - 100K$100K1-Step6%1.8%4% EOD trailing1:0.6780%Bi-weekly$266$26.60 / $10KVisit
Atmos Funded4.1 ★★★★★ 3.6Plus - 1-Step 100K$100K1-Step6%none3% Trailing eq.1:0.580%Bi-weekly$149+ $125 on pass$27.40 / $10KVisit
AquaFunded ⚠4.1 ★★★★★ 2.2Shark Challenge - 2-Step Pro Chal…$100K2-Step10%|5%5%10% Trailing eq.1:0.6790%Bi-weekly$279$27.90 / $10KVisit
E8 Markets ⚠4.1 ★★★★★ 4.1E8 Signature - Forex - 1-Step 100K$100K1-Step6%none4% EOD trailing1:0.6780%5 profitable days$280$28 / $10KVisit
Maven ⚠4.2 ★★★★★ 3.93-Steps Challenge - Standard - 3-…$100K3-Step3%|3%|3%2%3% Static1:0.3380%10 bus. days$299$29.90 / $10KVisit
FundedElite ⚠4.2 ★★★★★ 4.2Lite challenge - 2-step 100K$100K2-Step10%|5%4%8% Static1:0.5380%Bi-weekly$299$29.90 / $10KVisit
Hantec Trader4.1 ★★★★★ 4.3Endurance Program - 3- Step 100K$100K3-Step6%|6%|6%4%8% Static1:0.4480%Bi-weekly$299$29.90 / $10KVisit
Hantec Trader4.1 ★★★★★ 4.3Instant24 - Instant 100K$100KInstantnone2%3% Trailing bal.—80%On request$299$29.90 / $10KVisit
The5ers4.3 ★★★★★ 4.7Bootcamp Program - 3-Steps *100K$100K3-Step6%|6%|6%none5% Static1:0.2850%Bi-weekly$95+ $205 on pass$30 / $10KVisit
Blue Guardian ⚠4.3 ★★★★★ 3.31 Step Nano - 100K$100K1-Step10%4%6% Trailing bal.1:0.685%Weekly$320$32 / $10KVisit
OFP Funding ⚠4.2Instant Classic (3% daily) - 100K$100KInstantnone3%6% Static—80%Bi-weekly$335$33.50 / $10KVisit
ThinkCapital3.8Nexus Challenge - 3 - Step - 100K$100K3-Step7%|6%|5%4%8% Static1:0.4480%Bi-weekly$349$34.90 / $10KVisit
AquaFunded ⚠4.1 ★★★★★ 2.2Elite - 2-Steps - 100K$100K2-Step8%|5%4%10% Static1:0.7790%Bi-weekly$365$36.50 / $10KVisit
Nordic Funder3.9 ★★★★★ 3.23-Phase Evaluation - 3-Steps 100K$100K3-Step5%|5%|5%5%5% Static1:0.3380%Monthly$368$36.75 / $10KVisit
FundedElite ⚠4.2 ★★★★★ 4.2Lite challenge - 1-step 100K$100K1-Step12%3%6% Static1:0.580%21 days$369$36.90 / $10KVisit
Lark Funding3.9 ★★★★★ 4.33-Stage Evaluation - 3-Steps 100K$100K3-Step5%|4%|3%none5% Static1:0.4280%Bi-weekly$370$37 / $10KVisit
AquaFunded ⚠4.1 ★★★★★ 2.2Shark Challenge - 2-Step Challeng…$100K2-Step8%|5%5%8% Static1:0.6290%Bi-weekly$375$37.50 / $10KVisit
Atmos Funded4.1 ★★★★★ 3.6Plus - 2-Steps 100K$100K2-Step6%|6%3%6% Static1:0.580%Bi-weekly$379$37.90 / $10KVisit
Maven ⚠4.2 ★★★★★ 3.9Instant Funding - Standard - Inst…$100KInstantnone2%3% Trailing eq.—80%On request$380$38 / $10KVisit
Maven ⚠4.2 ★★★★★ 3.91-Step Challenge - Standard - 1-S…$100K1-Step8%3%5% Trailing eq.1:0.6380%10 bus. days$380$38 / $10KVisit
Atmos Funded4.1 ★★★★★ 3.6Standard - 1-Step 100K$100K1-Step10%3%6% Trailing eq.1:0.680%Bi-weekly$383$38.30 / $10KVisit
Alpha Capital ⚠4.3 ★★★★★ 4.6Alpha One 6% - 1-Step 100K$100K1-Step6%3%4% Trailing bal.1:0.6780%On request$397$39.70 / $10KVisit
Alpha Capital ⚠4.3 ★★★★★ 4.6Alpha Pro 6% - 2-Step 100K$100K2-Step6%|6%3%6% Static1:0.580%On request$397$39.70 / $10KVisit
Blue Guardian ⚠4.3 ★★★★★ 3.31 Step - 1-Step 100K$100K1-Step9%4%6% Trailing bal.1:0.6785%Bi-weekly$398$39.80 / $10KVisit
FXIFY4.1 ★★★★★ 4.3Lightning Challenge - 1-Step 100K$100K1-Step5%3%4% Trailing bal.1:0.880%Bi-weekly$399$39.90 / $10KVisit
FXIFY4.1 ★★★★★ 4.33-Phase - 3-Steps 100K$100K3-Step5%|5%|5%5%5% Static1:0.3380%Monthly$399$39.90 / $10KVisit
FundedNext4.4 ★★★★★ 4.5Stellar Lite Challenge - 2-Steps …$100K2-Step8%|4%4%8% Static1:0.6780%Bi-weekly$400$40 / $10KVisit
NYS Markets ⚠3.9 ★★★★★ 3.0CFD Flash - 100K$100K1-Step6%none4% EOD trailing1:0.6780%On request$138+ $269 on pass$40.70 / $10KVisit
Orion Funded3.9 ★★★★★ 4.5Orion Select - 3-Steps 100K$100K3-Step5%|5%|5%5%5% Static1:0.3380%Bi-weekly$409$40.90 / $10KVisit
Fintokei4.0 ★★★★★ 4.4Start Trader - 3Phase Evaluation …$100K3-Step2%|3%|6%3%6% Static1:0.5550%Bi-weekly$419$41.90 / $10KVisit
OFP Funding ⚠4.2Instant Classic (5% daily) - 100K$100KInstantnone5%10% Static—80%Bi-weekly$420$42 / $10KVisit
AquaFunded ⚠4.1 ★★★★★ 2.2Shark Challenge - 1-Step Challeng…$100K1-Step9%3%6% Trailing eq.1:0.6790%Bi-weekly$421$42.10 / $10KVisit
Trade The Pool3.7 ★★★★★ 4.4Day Trade Max - 1-Step - 100K$100K1-Step6%1%3% Static1:0.570%Bi-weekly$435$43.50 / $10KVisit
Leveraged4.0Sprint - 1-step - 100K$100K1-Step2%1%1% Static1:0.580%Bi-weekly$439$43.90 / $10KVisit
Maven ⚠4.2 ★★★★★ 3.9Instant Mini - Instant 100K$100KInstantnone2%3% Trailing eq.—70%One-time$440$44 / $10KVisit
Maven ⚠4.2 ★★★★★ 3.92-Step Challenge - Standard - 2-S…$100K2-Step8%|5%4%8% Static1:0.6280%10 bus. days$440$44 / $10KVisit
FundingPips4.5 ★★★★★ 4.5Zero - Instant 100K$100KInstantnone3%5% Trailing eq.—95%Bi-weekly$444$44.40 / $10KVisit
Alpha Capital ⚠4.3 ★★★★★ 4.6Alpha Pro 10% - 2-Step 100K$100K2-Step10%|5%5%10% Static1:0.6780%On request$447$44.70 / $10KVisit
AquaFunded ⚠4.1 ★★★★★ 2.2Flex- 1-Step 100K$100K1-Step10%3%12% Static1:1.290%Bi-weekly$447$44.70 / $10KVisit
City Traders Imperium4.0 ★★★★★ 4.21-Step Evaluation - 1-Step 100K$100K1-Step8%none5% Trailing bal.1:0.6380%Monthly$449$44.90 / $10KVisit
Blueberry Funded ⚠4.1 ★★★★★ 3.4Synthetic Evaluation - 2-Step - 1…$100K2-Step10%|5%4%10% Static1:0.6780%Bi-weekly$450$45 / $10KVisit
Moneta Funded3.9 ★★★★★ 4.5Instant Funding (60% profit split…$100KInstantnone3%5% Trailing eq.—60%Bi-weekly$454$45.40 / $10KVisit
The5ers4.3 ★★★★★ 4.7High Stakes Challenge - 2-Steps 1…$100K2-Step10%|5%5%10% Static1:0.6780%Bi-weekly$455$45.50 / $10KVisit
Alpha Capital ⚠4.3 ★★★★★ 4.6Alpha Direct - Instant Funding - …$100KInstantnone3%5% Trailing bal.—90%On request$457$45.70 / $10KVisit

Our top 7 picks up close

1

The5ers Futures

4.2 site score · ★★★★★ 4.4 on Trustpilot
Go to site
Flagship account
$50K Day Trade · 1-Step
Profit goal
6%
Loss caps
no daily cap · 4% total (end-of-day trailing)
Split and payout cycle
80% · every 14 days
Price at list
$100
Matching accounts here
8
Why it ranks here (room for a news spike)
no daily cap on 50% of accounts, a median 2.5% cap on the rest, none trails open equity
Strengths
  • This account has no daily cap
Drawbacks
  • End-of-day trailing drawdown, so the floor rises with your balance
  • Slower payout cycle: every 14 days
  • Best day capped at 40% of profit
2

City Traders Imperium

4.0 site score · ★★★★★ 4.2 on Trustpilot
Go to site
Flagship account
$100K Evaluation · 1-Step
Profit goal
8%
Loss caps
no daily cap · 5% total (balance-trailing)
Split and payout cycle
80% · monthly
Price at list
$449
Matching accounts here
23
Why it ranks here (room for a news spike)
no daily cap on 74% of accounts, a median 5% cap on the rest, none trails open equity
Strengths
  • This account has no daily cap
  • In business for 8 years
Drawbacks
  • Balance-trailing drawdown, so the floor rises with your balance
  • Slower payout cycle: monthly
  • Minimum of 3 trading days
3

The Trading Pit

4.0 site score
Go to site
Flagship account
$100K CFD Instant Funding - Instant · Instant
Profit goal
none
Loss caps
no daily cap · 6% total (balance-trailing)
Split and payout cycle
80% · every 14 days
Price at list
$1,799
Matching accounts here
18
Why it ranks here (room for a news spike)
no daily cap on 28% of accounts, a median 3% cap on the rest, none trails open equity
Strengths
  • This account has no daily cap
  • In business for 4 years
Drawbacks
  • Balance-trailing drawdown, so the floor rises with your balance
  • Slower payout cycle: every 14 days
  • Best day capped at 20% of profit
4

WenCrypto

3.9 site score
Go to site
Flagship account
$100K Buy Now Pay Later · 1-Step
Profit goal
4%
Loss caps
no daily cap · 8% total (static)
Split and payout cycle
80% · every 10 business days
Price at list
$20 + $589 after passing
Matching accounts here
15
Why it ranks here (room for a news spike)
no daily cap on 33% of accounts, a median 4% cap on the rest, none trails open equity
Strengths
  • This account has no daily cap
  • Fixed loss floor that never rises
  • Loss room matches or beats the target (1:2)
Drawbacks
  • Slower payout cycle: every 10 business days
  • Best day capped at 20% of profit
  • $589 activation fee once you pass
5

Topstep

4.0 site score · ★★★★★ 3.6 on Trustpilot
Go to site
Flagship account
$50K No Activation Fee · 1-Step
Profit goal
6%
Loss caps
no daily cap · 4% total (end-of-day trailing)
Split and payout cycle
90% · after 5 profitable days
Price at list
$95/mo
Matching accounts here
6
Why it ranks here (room for a news spike)
no daily cap on any account, none trails open equity
Strengths
  • This account has no daily cap
  • Keep 90% of profits
  • Paid after 5 profitable days
  • In business for 14 years
Drawbacks
  • End-of-day trailing drawdown, so the floor rises with your balance
  • Best day capped at 40% of profit
  • Recurring monthly fee instead of a single payment

Topstep review

6

Lark Funding

3.9 site score · ★★★★★ 4.3 on Trustpilot
Go to site
Flagship account
$100K 3-Stage Evaluation · 3-Step
Profit goal
5% / 4% / 3%
Loss caps
no daily cap · 5% total (static)
Split and payout cycle
80% · every 14 days
Price at list
$370
Matching accounts here
15
Why it ranks here (room for a news spike)
no daily cap on 33% of accounts, a median 5% cap on the rest, none trails open equity
Strengths
  • This account has no daily cap
  • Fixed loss floor that never rises
  • In business for 4 years
Drawbacks
  • Little loss room against the target (1:0.42)
  • Slower payout cycle: every 14 days
7

Instant Funding

3.9 site score
Go to site
Flagship account
$50K IF Evolve · 1-Step
Profit goal
6%
Loss caps
no daily cap · 4% total (end-of-day trailing)
Split and payout cycle
80% · after 5 profitable days
Price at list
$99
Matching accounts here
48
Why it ranks here (room for a news spike)
no daily cap on 44% of accounts, a median 4% cap on the rest, none trails open equity
Strengths
  • This account has no daily cap
  • Paid after 5 profitable days
  • In business for 4 years
Drawbacks
  • End-of-day trailing drawdown, so the floor rises with your balance
  • Minimum of 5 trading days

These accounts against the rest of the market

Median ofThis pageEverything else
Accounts counted2020193
Total profit target10%10%
Maximum loss6%6%
Max loss per 1% of target1:0.671:0.63
Share with no daily cap18%18%
Share with static drawdown46%62%
Share with no consistency rule10%70%
Split once funded80%80%
Payout cycle (days)1410
Cost per $10K, one-off fee$78$79.80
Cost per $1K of max loss, one-off fee$125$120

Each figure is a median: accounts sold by the firms listed here set against every other account in our data.

Charts from our data

How high the targets go

<5% 108 accts5–6% 431 accts6.5–8% 56 accts8.5–10% 347 accts>10% 560 accts
The 2020 accounts listed here, grouped by their total profit target.

Drawdown types in use

2020accountsStatic · 46%End-of-day trailing · 18%Balance-trailing · 17%Equity-trailing · 14%Intraday trailing · 4%Trailing · 1%
Static is the gentlest model for a trader, and intraday trailing is the harshest.

What each account size costs (Forex, median)

$5K $59$10K $99$25K $213$50K $339$100K $569$200K $1,049
Typical upfront list price per size for the accounts listed here, converted to USD. Pay-after-pass deals are left out.

Median cost per $10K

Traders Launch $8.60DayTraders $16.66The Trading Pit Futures $19.27Topstep $21.10The5ers Futures $21.80Lucid Trading $23.79AquaFunded Futures $28.43FuturesElite $30.50E8 Futures $32.80Tradeify $33Blue Guardian Futures $34.40Alpha Futures $34.90
The 12 leading firms on median cost per $10K, firms with warnings excluded.

Every firm on this list (81)

#FirmDaily lossStatic DDFromScoreTrustpilot
1The5ers Futures2.5%0% of accts$594.24.4Go to site
2City Traders Imperium5%74% of accts$294.04.2Go to site
3The Trading Pit3–5%56% of accts$294.0—Go to site
4E8 Markets⚠ flagged2.5–4%40% of accts$324.14.1Go to site
5FundedHive⚠ flagged3–5%100% of accts$94.1—Go to site
6WenCrypto3–5%100% of accts$443.9—Go to site
7Topstep—0% of accts$954.03.6Go to site
8Lark Funding5%67% of accts$1053.94.3Go to site
9Instant Funding2–4%31% of accts$253.9—Go to site
10FundedNext Futures1.25–2%0% of accts$79.994.04.5Go to site
11FundedNext3–5%82% of accts$32.994.44.5Go to site
12Fintokei2–5%100% of accts$444.04.4Go to site
13Lucid Trading2–2.4%0% of accts$65.303.94.3Go to site
14Audacity Capital⚠ flagged3–7.5%100% of accts$494.12.9Go to site
★Hash HedgeEditor's Choice3–5%100% of accts$794.04.5Go to site
15Take Profit Trader—0% of accts$2803.24.4Go to site
16OFP Funding⚠ flagged3–5%100% of accts$354.2—Go to site
17My Funded Futures1.67–2.4%0% of accts$1053.74.9Go to site
18Blue Guardian⚠ flagged3–4%33% of accts$26.664.33.3Go to site
19Ylos Trading—0% of accts$1654.04.8Go to site
20FTMO3–5%64% of accts€793.84.8Go to site
21Blueberry Futures—0% of accts$1103.93.3Go to site
22The5ers3–5%100% of accts$224.34.7Go to site
23Alpha Capital⚠ flagged3–5%50% of accts$274.34.6Go to site
24Finotive Funding3–5%100% of accts$254.3—Go to site
25FuturesElite1.8–2.4%0% of accts$773.8—Go to site
26Top One Trader⚠ flagged2–4%23% of accts$643.84.4Go to site
27For Traders Crypto3%0% of accts$493.9—Go to site
28Ment Funding5%100% of accts$2503.74.7Go to site
29FTUK2–5%0% of accts$1093.83.8Go to site
30FXIFY3–8%39% of accts$194.14.3Go to site
31Funded Futures Family—0% of accts$793.94.6Go to site
32Hantec Trader2–6%41% of accts$134.14.3Go to site
33Tradeify1.17–2.5%0% of accts$993.94.4Go to site
34WSFunded3–5%72% of accts$234.14.3Go to site
35Funded Trading Plus4–6%41% of accts$893.9—Go to site
36Hola Prime Futures2.5%0% of accts$994.04.5Go to site
37For Traders3–5%36% of accts$414.0—Go to site
38E8 Perpetuals2.5–4%50% of accts$324.2—Go to site
39Hola Prime3–5%79% of accts$394.14.5Go to site
40Crypto Fund Trader4–5%60% of accts$403.7—Go to site
41Blueberry Funded⚠ flagged2–4%64% of accts$254.13.4Go to site
42Orion Funded3–5%63% of accts$493.94.5Go to site
43Pipstone Capital3–5%62% of accts$493.82.0Go to site
44Nordic Funder1–5%72% of accts$253.93.2Go to site
45Leveraged1–5%55% of accts$294.0—Go to site
46Breakout3%100% of accts$204.24.7Go to site
47Funding Traders⚠ flagged3–5%50% of accts$494.0—Go to site
48Goat Funded Futures2–3%0% of accts$1383.7—Go to site
49BEM Funding3–4.5%45% of accts$394.0—Go to site
50Phidias⚠ flagged—40% of accts$2773.53.2Go to site
51Blue Guardian Futures1.5–4%25% of accts$644.03.8Go to site
52The Funded Room⚠ flagged3–5%100% of accts$394.02.5Go to site
53ThinkCapital3–4%60% of accts$393.8—Go to site
54FundingPips3–5%78% of accts$334.54.5Go to site
55Bulenox2–2.5%0% of accts$943.64.7Go to site
56FundedElite⚠ flagged3–5%79% of accts$394.24.2Go to site
57Funded Trader Markets⚠ flagged3–4%21% of accts$434.03.4Go to site
58BrightFunded⚠ flagged3–5%67% of accts€474.03.3Go to site
59The Trading Pit Futures2%0% of accts$994.1—Go to site
60Maven⚠ flagged2–4%57% of accts$134.23.9Go to site
61NYS Markets⚠ flagged1.8–5%42% of accts$483.93.0Go to site
62E8 Futures2%0% of accts$1103.5—Go to site
63Tradeify 2473%67% of accts$1003.94.1Go to site
64QT Funded3–4%60% of accts$354.13.6Go to site
65AquaFunded⚠ flagged3–5%27% of accts$204.12.2Go to site
66IC Funded⚠ flagged3–5%69% of accts$743.43.3Go to site
67Traders Launch—0% of accts$494.24.7Go to site
68Funded Friday⚠ flagged3–5%80% of accts$604.0—Go to site
69AquaFunded Futures1.17–4%0% of accts$1313.73.9Go to site
70Top One Futures1.23–2.5%0% of accts$1783.64.8Go to site
71Alpha Futures2%0% of accts$894.04.4Go to site
72Earn2Trade2.2%0% of accts$2893.94.6Go to site
73Atmos Funded3–5%34% of accts$284.13.6Go to site
74DayTraders1.08–3.2%22% of accts$1793.74.6Go to site
75Moneta Funded3–4%52% of accts$403.94.5Go to site
76Trade The Pool1–3%90% of accts$473.74.4Go to site
77Goat Funded Trader⚠ flagged3–5%43% of accts$363.92.1Go to site
78Apex Trader Funding1.33–2%0% of accts$4903.34.2Go to site
79Upcomers⚠ flagged2–5%25% of accts$1903.8—Go to site
80Darwinex Zero—100% of accts$3003.04.2Go to site

Sorted by room for a news spike: the share of accounts with no daily cap and a max loss of 4% or more, the loss one session may take, how few accounts trail open equity and the price of that room, with our overall score as 20% of the weight. A ⚠ flag means the firm carries a warning, so read its review first.

Trading news on a prop account

Expect wide spreads and slippage. During a release you may be filled far from your price, and a gap through your stop can breach the daily cap.

Check both stages. News trading may be fine in the challenge and banned once funded, or limited to certain programs.

Static drawdown softens the blow. A sharp move against you hurts less when the loss limit is fixed rather than trailing your equity.

Browse other rankings

Closely related

Questions and answers

Can you trade the news at a prop firm?

Yes, on some or all accounts at 81 of the 90 firms on our list.

Which news-friendly prop firms have no daily loss limit?

43 of them sell accounts without a daily cap, so only the overall limit can end the account on a release.

Is trailing drawdown risky for news trading?

Yes, when it trails open equity: a spike in your favour lifts the floor, and the reversal can hit it. 18% of the accounts here trail equity or trail intraday.

Does FTMO allow news trading?

Its published features in our data permit it. FTMO accounts carry a daily cap of 3% and 5%, so a release gap still counts against it.