Our criterion is simple and verifiable: the firm's news rule must allow trading announcements (no outright ban), and there must be no minimum hold time on trades (such as "orders banned ±2 min" or "profits on trades > 2 min"), which kills scalping. We rank firms that allow it with no restriction first, then those that allow it with a limit around the news.
By Kyro, founder · Updated on Oct 18, 2026
The top 3, and why
- 1
Lucid Trading8.6- News rule: Allowed (except LucidDaily).
- Platforms: Tradovate, NinjaTrader, TradingView, Quantower.
- Split 90%, payouts score 9.0/10.
- 2
Alpha Futures8.4- News rule: Allowed (Advanced unrestricted).
- Platforms: AlphaTrader, TradingView, Quantower, WealthCharts.
- Split 90%, payouts score 8.6/10.
- 3
FXIFY8.4- News trading allowed with no restriction in our records.
- Platforms: MT5, DXtrade, TradingView.
- Split 80 → 90%, payouts score 8.6/10.
Who it's right for
- You scalp intraday and need to get in and out fast, with no minimum hold imposed.
- You trade around economic releases (NFP, CPI, rate decisions).
- You want a news rule written in black and white before you pay.
Who it's not right for
- You rarely trade the news: other criteria (price, split) will weigh more.
- You hold positions for several days: look at no-time-limit firms instead.
- You're a beginner: start with a firm with simple rules before trading announcements.
Honest alternatives
Frequently asked questions
Which prop firm allows news trading?
Those whose news rule explicitly allows trading announcements, with no minimum hold time. Our ranking starts from each firm's real news rule, recorded on the site, and excludes those that impose a minimum hold time.
Can you scalp at a prop firm?
Yes at firms that don't impose a minimum hold time. Some ban orders around the news or require profits to come from trades held over two minutes: scalping is restricted there. Check the rule before you pay.
What's the risk of trading a banned news event?
Depending on the firm, the cancellation of gains made at that moment, or even account closure. That's why the news rule must be read before trading an announcement.
Do all firms allow news trading?
No. Many ban or restrict it around announcements, and some cap the profit made at those moments. The exact rule is on each firm's review.