At PIP Traders Funding, we want traders to clearly understand how news events affect their trading depending on the type of account they hold.
❌ Are there restrictions on News Trading during Evaluations?
No. Evaluation Accounts (1-Step or 2-Steps) do not have restrictions on trading during news events.
You may open or close trades, as well as trigger stop losses or take profits, at any time — including during high-impact economic releases.
The News Trading rule only applies once you pass your evaluation and operate a SIM Funded Account, or if you are trading under a SIM Instant Funded Account.
⚠️ Important Considerations
Even though there is no rule against news trading during Evaluations, traders should remain cautious:
High-impact events (such as NFP, CPI, or interest rate decisions) may create significant volatility.
This can cause slippage, widened spreads, or fast market moves.
These market conditions can still result in hitting your daily or overall drawdown limits, which would end your evaluation.
✅ Summary – Evaluations
No News Trading restriction → You are free to trade during any event.
Risk still applies → Sudden volatility can trigger a breach of evaluation drawdown rules.
Best practice → Trade responsibly and manage risk as if it were a live account.
👉 Once you become a Certified PIP Trader with a SIM Funded Account, or if you join directly through a SIM Instant Funded Account, the News Trading rule will apply (restricted trading 4 minutes before and 4 minutes after red folder events listed on Forex Factory).