Vitore (and others using or considering to use BeSpoke), I just read something in the prop group that I'm not sure if it's clear to everybody. It was not to me when I read their FAQs.
They have the news rules (+/- 2 minutes). The rule says this:
"Yes, you can trade during the news on all challenge and evaluation accounts.
On the funded accounts news trading is allowed, however if a trade is closed or opened 2 minutes before or after red folder news, then this will be considered a soft breach and any profit made will not count towards the profit split upon pay-out. although you will still be able to trade on your account."
However, something that surprised me is that ALL red news affects ALL trades. Which means that if you're trading USDCAD and there is a GBP red news you can't have a trade on CAD during those 4 minutes. Or if you have a SPX positions this may be affected by any red news in JPY.
In fact, this is not hidden if we read the rule literally. But people may understand that this is only for red news related to the instrument they are trading. The guy from BeSpoke in the group confirmed this and says that it's something they may change in the future.
I just wanted to warn everybody to avoid people being caught in this.
They have the news rules (+/- 2 minutes). The rule says this:
"Yes, you can trade during the news on all challenge and evaluation accounts.
On the funded accounts news trading is allowed, however if a trade is closed or opened 2 minutes before or after red folder news, then this will be considered a soft breach and any profit made will not count towards the profit split upon pay-out. although you will still be able to trade on your account."
However, something that surprised me is that ALL red news affects ALL trades. Which means that if you're trading USDCAD and there is a GBP red news you can't have a trade on CAD during those 4 minutes. Or if you have a SPX positions this may be affected by any red news in JPY.
In fact, this is not hidden if we read the rule literally. But people may understand that this is only for red news related to the instrument they are trading. The guy from BeSpoke in the group confirmed this and says that it's something they may change in the future.
I just wanted to warn everybody to avoid people being caught in this.
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