Yes, you can hold trades during news events and over the weekend. However, our policy includes specific restrictions for high-impact news releases.
During Evaluation Phases 1 and 2, news trading is allowed. However, on the Funded account, strict rules apply: trading during high-impact news events is completely forbidden. If you open or close a trade within 5 minutes before or after a high-impact news event, your account will be breached.
For example, if there is a high-impact news event at 12:30 marked in red on Myfxbook.com, opening a trade between 12:25 and 12:35 on the Funded account will result in account suspension. Similarly, if you open a trade before a news event, and your Stop Loss (SL) or Take Profit (TP) is triggered during the news, your account will also be suspended. These rules are in place to manage the risks associated with market volatility during major news releases, so be sure to follow them once you reach the funded stage.