TPThe Trading Playbook

Updated 2026-03-08

SpiceProp News Trading Policy Rule Explained

SpiceProp
Quick Answer

SpiceProp completely prohibits news trading during all high-impact economic news events across all account phases.

This policy applies to all trading activity during scheduled high-impact economic news releases such as NFP, FOMC meetings, and major GDP announcements. Any trades opened or held during these restricted periods will result in immediate account termination. The ban covers both Challenge and Funded phases regardless of account size.

Key Rule Details

Policy
N/A
Detail
See official rules
Applies To
All high-impact news (NFP, FOMC, CPI)
Enforcement
Automated — breach triggers account review
Phases
Challenge and Funded

Calculation Example

Account Size: $100,000News Trading Policy: No restriction
Account Size$100,000
News Trading Policy LimitNo restriction
Scenario: Closed P&LNFP release at 8:30 AM ET
Scenario: Floating P&LTrading restricted
Total ExposureNo action required
Remaining BufferMonitor news calendar
Limit used:100%

Common Mistakes

Trading During News Windows
Traders often forget about scheduled high-impact events and place trades during restricted periods. Even a small $100 trade on EUR/USD during NFP release will trigger an immediate account violation. This happens frequently with traders in different time zones who miscalculate event timing.
Holding Positions Through Events
Many traders believe they can hold existing positions through news events since they didn't open during the restriction. However, SpiceProp's policy requires all positions to be closed before high-impact news. A trader holding a profitable $500 position through FOMC will face account termination regardless of the trade's outcome.
Assuming Low-Impact Events Are Safe
Traders often trade during medium or low-impact news thinking only major events are restricted. SpiceProp specifically targets high-impact events, but traders frequently misjudge event classifications. Trading during what they believe is a medium-impact CPI release that's actually classified as high-impact results in immediate violation.
Post-Event Trading Too Early
Traders rush to enter positions immediately after news releases without allowing for the full restriction window to close. SpiceProp typically maintains restrictions for 15-30 minutes post-event to account for volatility. Trading just 10 minutes after NFP release while restrictions are still active triggers the violation.

Protection Strategies

Use Economic Calendar Alerts Daily
Set up notifications for all high-impact news events at least 24 hours in advance using reliable economic calendars. Mark these times in your trading platform and phone calendar with 30-minute buffers before and after each event. This systematic approach prevents accidental trades during over 90% of restricted periods.
Close All Positions Before News
Establish a rule to close all open trades at least 30 minutes before any high-impact economic event. Even if you're profitable on a $300 EUR/USD position, closing it prevents the guaranteed account termination from holding through restricted periods. The temporary profit loss is minimal compared to losing your entire account.
Set Platform Trading Hours Restrictions
Configure your trading platform to block order execution during known high-impact news windows. Most platforms allow custom trading session restrictions that automatically prevent trades during your specified times. This technical barrier eliminates human error when you forget about scheduled events.
Avoid Trading Fridays and Major Announcement Days
Stay completely away from trading on days with multiple high-impact events like first Fridays (NFP), FOMC meeting days, and major Central Bank announcement days. While this reduces trading opportunities, it eliminates the risk of accidentally violating news restrictions during the most volatile and restricted periods.

Related Rules

Maximum Daily Loss
5.5%
Maximum Total Loss
11%
Profit Target (Phase 1)
10%
Profit Target (Phase 2)
5%

SpiceProp Comparisons

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Frequently Asked Questions

Disclaimer: This guide is for informational purposes only and does not constitute financial advice. Prop firm rules change regularly — always verify current terms on SpiceProp's official website before purchasing a challenge. Updated 2026-03-08.