Best for
Best futures prop firm for news trading
Plenty of futures prop firms quietly restrict trading around major news, which kills a strategy built on the economic calendar before it starts. The first job here is to filter for firms that allow news trading, then rank what is left on drawdown and cost. Read the restriction carefully, because some firms allow news on the eval but tighten up once you are funded.
News trading carries its own hazard: spreads widen and price gaps through stops in the seconds around a release. Allowed does not mean safe. The risk of loss is sharpest exactly when the calendar lights up.
1. Apex Trader Funding news allowed, generous splitOur pick
Apex allows news trading and pairs it with the most generous split here, 100 percent of the first $25K. The near-constant 80 to 90 percent off code makes entry cheap. The trade-off is a trailing drawdown that ratchets up with gains, which is unforgiving if a news trade goes against you, so size carefully around releases.
2. Tradeify news allowed, end-of-day drawdown
Tradeify allows news trading and runs an end-of-day drawdown on every plan, which is the safer pairing for a news strategy because an intraday spike that you close out of does not end the account. One-time pricing, 100 percent of the first $15K, and the JUNE code round it out. A sensible home for calendar trading.
3. Bulenox news allowed, weekly payouts
Bulenox allows news trading, uses an end-of-day drawdown, and pays weekly on Wednesdays with 100 percent of the first $10K. The discount is baked into the price. For a news trader who wants a forgiving drawdown and a predictable payout rhythm, it is a steady pick.
4. Goat Funded Futures news allowed on the eval, cheapest entry
Goat Funded Futures allows news trading on the eval and is the cheapest way in at roughly $35 after SUMMER50, on an end-of-day drawdown. It is the budget option for testing a news strategy without committing much, as long as you confirm the funded-account news rule before you rely on it post-funding.
Allowed on the eval is not always allowed when funded
The common trap is a firm that lets you trade news during the evaluation and then restricts it on the funded account, or vice versa. Read both rules, because a strategy that passes the eval through news and then cannot trade news when funded is no use to you. Where a firm splits the rule, treat the funded-account permission as the one that matters.
Pair the news permission with the drawdown style. An end-of-day drawdown is the safer match for news trading, since a violent spike around a release that you close out of will not end the account the way an intraday limit would. That is why Tradeify and Bulenox rank well here despite Apex's better split.
The call
For news trading, Apex offers the best split and cheapest entry but the strictest drawdown, so it suits a disciplined trader who sizes down around releases. Tradeify is the safer all-round pick because its end-of-day drawdown forgives the intraday spikes news creates, with Bulenox close behind on a predictable payout rhythm.
Goat is the budget way to test a news strategy. Whichever you pick, confirm the rule applies both on the eval and once funded, and respect that news is where slippage and gap risk hit hardest.
FAQ
Which futures prop firms allow news trading?
Apex, Tradeify, Bulenox and Goat Funded Futures allow news trading, among others. Many firms restrict it, so filter for the permission first, and check whether it applies on the funded account as well as the eval.
What drawdown is best for news trading?
An end-of-day drawdown, because a violent spike around a release that you close out of will not end the account the way an intraday limit would. Tradeify and Bulenox pair news permission with end-of-day drawdowns.
Is news trading allowed both on the eval and when funded?
Not always. Some firms allow it on the evaluation but restrict it once funded. Read both rules, since the funded-account permission is the one that matters for a working strategy.
Other use cases
beginnerscheapest evalhigh splitinstant fundingno daily drawdownovernight