Trading Rules
Can I trade news?
Written By: Orion Funded
Last Updated on March 10, 2025
Evaluation Stages
No Restrictions
News Trading During Evaluation Phases
During all evaluation phases (1-Step, 2-Step, 3-Step), there are no restrictions on news trading. Traders are free to open, close, or modify trades during scheduled high-impact news events.
News Trading Restrictions in Funded Accounts & Orion Zero
Once you advance to a funded account including Orion Zero, 1-Step, 2-Step, and 3-Step funded accounts the following restrictions will apply:
Restricted Trading Window
The restricted period begins 5 minutes before and ends 5 minutes after any scheduled high-impact news event. During this window, the following actions are prohibited:
Opening new trades (via Market Execution or Limit Orders).
Closing existing trades (via Market Execution, Limit Orders, Stop Loss, or Take Profit).
Modifying trades (such as adjusting Stop Loss or Take Profit).
Placing Buy Stop or Sell Stop orders.
Definition of High-Impact News
High-impact news refers to major economic or geopolitical announcements that have a significant influence on the market. These include, but are not limited to, high-impact events as listed on the Investing.com economic calendar.
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