Once you become a Certified PIP Trader operating a Sim Funded Account, there are restrictions during red folder events as listed on Forex Factory. Trading is restricted 4 minutes before and 4 minutes after any red folder event — this includes opening or closing market orders, as well as take profits or stop losses that trigger within the restricted 8-minute window.
⚠️ This applies to all instruments.
Violations & Enforcement
You may receive up to 2 warnings (soft breaches) for trading during a restricted news window. In both cases, any profit made from trades during the violation window will be removed.
On the third violation, the account can be permanently breached.
Profit adjustments are processed at the time of the rewards request. If the adjustment causes a breach of the daily or maximum loss limit, the trader is responsible for the violation.
What Counts as a Red Folder Event?
All red folder events on Forex Factory are considered restricted unless explicitly marked as “All Day” (which are excluded). This includes but is not limited to:
Economic releases (e.g., NFP, CPI, interest rate decisions)
Central bank announcements
Government official speeches labeled red
We recommend using the Forex Factory calendar filter to only display red events and manage your trading accordingly.
Final Notes
You can trade news during the evaluation phases, but keep in mind that high-impact releases may cause slippage or trigger drawdown rules. These will still count toward your evaluation metrics.
As a Certified PIP Trader, we expect you to trade responsibly — manage your risk as if it were a live account. Avoiding trades during high-impact news is not just about rules, it’s part of trading professionally.