Updated March 2026 · 8 firms ranked
Best Prop Firms for News Trading
News trading demands lightning-fast execution and flexible risk parameters that most prop firms simply can't deliver—milliseconds matter when trading volatility spikes around economic releases, and rigid drawdown rules can kill profitable strategies before they develop. The best news trading prop firms offer instant funding, minimal restrictions during news events, and platforms built for speed rather than basic retail functionality. Look for firms that explicitly allow news trading in their rules, provide sub-second execution, and offer realistic drawdown limits that account for the higher volatility inherent in event-driven strategies. We've evaluated 8 prop firms across these critical criteria, with FundedNext taking the top spot for its combination of trader-friendly news policies and institutional-grade execution infrastructure.
FundedNext
FundedNext ranks #1 for news trading due to its explicit allowance of news trading strategies combined with no time limits in challenge phases, giving traders the flexibility to wait for optimal news events and capitalize on market volatility. The firm offers an impressive 80-95% profit split with guaranteed 24-hour payouts and maintains strong trader confidence with a 4.5/5 Trustpilot rating from over 61,000 reviews. However, traders must still navigate the 5% daily loss limit when executing high-impact news trades, and the firm's relatively short track record since its 2022 establishment may concern some experienced news traders.
Funded Trading Plus
Funded Trading Plus ranks #2 for news trading due to its explicit allowance of news trading strategies, solid risk management parameters with 4% daily and 6% total loss limits, and flexible challenge options including Instant Funding for immediate trading access. The firm's 4.7/5 Trustpilot rating from 3,000 reviews and fast weekly payouts starting from day 0 provide reliability for active news traders. However, its 1:30 leverage is significantly lower than many competitors, which may limit profit potential during high-impact news events.
Goat Funded Trader
Goat Funded Trader ranks #3 for news trading due to its explicit permission of news trading strategies combined with a generous 100% profit split and scaling opportunities up to $2M, plus no time limits on challenges which benefits news traders who need flexibility. However, the firm is limited by offering only MT5 as a trading platform and being relatively new (established in 2023), though it maintains solid credibility with a 4.3/5 Trustpilot rating from 5,000 reviews. The $438 cost for a $100k account with reasonable risk parameters (4% daily loss, 6% total loss) makes it a competitive option for news trading strategies.
FXIFY
FXIFY ranks #4 for news trading due to its trader-friendly approach with no minimum payout requirements and immediate withdrawals after the first closed trade, plus generous scaling potential up to $4M in capital. While news trading is fully allowed with reasonable risk limits (4% daily, 10% total drawdown), the firm's recent 2023 establishment means it has a shorter track record compared to more established competitors. The 80%-90% payout structure and strong 4.4/5 Trustpilot rating from 5,000 reviews demonstrate solid trader satisfaction, though higher leverage options require additional fees.
E8 Markets
E8 Markets ranks #5 for news trading due to its trader-friendly single-phase challenge requiring only a 6% profit target with no minimum trading days, allowing skilled news traders to pass in just one day. However, the firm's reliance on a 4% total drawdown limit without separate daily loss protection creates significant risk during volatile news events, and their discretionary payout system (80%-100%) adds uncertainty compared to firms with guaranteed payouts. While news trading is permitted and the $234 cost for a $100k account is reasonable, the drawdown structure and payout discretion limit its appeal for dedicated news traders.
Top Tier Trader
Top Tier Trader ranks #6 for news trading due to its trader-friendly approach with no minimum trading days requirement and impressive 24-hour payout guarantee at up to 90% profit share, backed by a strong 4.5/5 Trustpilot rating from 3,000 reviews. However, the firm's relatively recent establishment in 2021 means less proven track record compared to competitors, and its limitation to only MT5 platform may restrict some news traders who prefer alternative trading platforms. The $558.60 pricing for a $100k account is competitive, but these limitations prevent it from ranking higher among the top news trading prop firms.
FunderPro
FunderPro ranks #7 for news trading primarily due to its competitive daily rewards system with 8-hour processing and absence of trailing drawdowns, which benefits news traders who need quick access to profits. However, the firm's 80-90% profit splits lag behind competitors offering up to 100%, and its recent 2023 establishment provides limited long-term reliability evidence despite a solid 4.3/5 Trustpilot rating from 2,000 reviews. While news trading is allowed with reasonable risk parameters (3% daily loss limit), the combination of lower payouts and shorter track record places it in the bottom tier for this specialized trading approach.
City Traders Imperium
City Traders Imperium ranks #8 for news trading despite allowing the strategy and offering flexible account options with unlimited challenge time limits and multiple funding paths (1-step, 2-step, and instant funding). However, the firm's lack of daily loss limits and restrictive no-refund policy once trading begins create significant risks for news traders who need precise risk management during volatile events. While the 80%-100% payout structure and reasonable $412 cost for $100k accounts are competitive, the limited transparency around trading instruments and leverage ratios makes it difficult for news traders to properly assess their trading conditions.
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