News trading is one of those topics that turns simple trading into rule risk very fast. The confusing part is that “allowed” can mean different things depending on your account type and whether you trade Forex or Futures. At Hola Prime, the clean way to understand it is to separate three ideas: can you hold trades through high impact news, can you open or close trades during the news window, and what does the firm count as “execution” when volatility spikes.
What News Trading Usually Means Here
When most traders say “news trading,” they mean trading around scheduled high impact releases like CPI, NFP, interest rate decisions, or major GDP and employment prints. These events often cause spread expansion, sudden slippage, and fast candles. Firms create rules around this because it is where simulated execution and real execution can differ the most, and because it is where traders are most likely to gamble or exploit timing.
The Most Important Definition: Execution
At Hola Prime, the word execution is the detail that can catch people off guard. Execution does not only mean you clicking buy or sell. In restricted models, execution can include pending orders triggering, and that can include your stop loss or take profit getting hit during a restricted window. This matters because you can “do nothing” and still create an execution event if price spikes into your levels during the window.
Forex Prime Accounts
Prime is generally the most relaxed lane for news traders on Forex. In Prime, news trading is positioned as freely allowed, meaning you can trade through news without the short restricted execution window that exists in other models. If your edge relies on volatility, or you regularly trade the minutes around releases, Prime is usually the most natural fit because you are not constantly planning around a blackout period.
That said, freely allowed does not mean risk free. News candles can still ruin sizing. Even when rules allow it, your strategy needs realistic stops, smaller size, and a plan for spread expansion.
Forex Pro Accounts
Pro sits in the middle. In the evaluation phase, news trading is generally treated as allowed, which is why many traders feel comfortable early. The change happens once you reach the Hola Prime account stage, where the restrictions become more specific around high impact news. In that stage, you can typically hold trades through news, but you are not allowed to execute trades on instruments affected by high impact releases during a short window around the event, commonly described as five minutes before to five minutes after.
This is where traders need to be careful with pending orders. If you place a limit order or stop order and it triggers in that window, it can be treated as execution. The same risk applies to stops and targets if they are triggered during the restricted period.
Forex Direct Model
Direct is more strict than Prime and often similar to the restricted portion of Pro in the funded stage. The basic idea is that you may be allowed to hold trades, but you are not allowed to execute trades on affected instruments during the high impact window, again commonly defined as five minutes before to five minutes after the release.
The practical implication is simple. If you want to trade Direct and stay safe, you plan around the calendar and you avoid having orders that could trigger in the restricted window. That includes orders you forget about. Traders get clipped when they leave a pending order on the chart and the release hits, or when a stop is sitting too close and gets tagged by a spike right inside the window.
Futures Prime Challenge
On the futures side, the Prime style challenge is generally positioned as allowing news trading. That can be attractive for traders who specifically trade volatility bursts in indices or commodities and want a rule set that does not force them to flatten before every major release.
Even when allowed, futures news trading can be brutal if your risk is not calibrated. Slippage and fast movement can make a normal stop feel larger than expected, so it is still wise to reduce size when you know a major release is coming.
Futures Direct Model
Futures Direct is the strictest version in this conversation. The key difference is that it can restrict both holding and execution on affected instruments during the high impact window. In other words, you may be required to be flat on the impacted instrument before the release, and you cannot open, close, or have orders trigger during that blackout period.
This rule shape is designed to remove the “I held through it and got lucky” style behavior completely. If you trade Futures Direct, your plan has to respect scheduled news the way a professional desk would, meaning you plan exits early and you do not cut it close.
What Counts As An Affected Instrument
The restrictions are usually tied to the instrument directly impacted by the release. For example, certain US releases will most directly affect USD pairs, US indices, and related rates products. The safest approach is to assume the obvious instruments are affected and treat the restriction as applying to them, even if correlations can spread volatility elsewhere. If you are ever unsure, the conservative move is to reduce exposure or stay flat through the window.
A Practical Compliance Routine
If you want to trade news in an allowed model like Prime, the routine is about risk, not rules. You reduce size, widen stops realistically, and accept that spreads and slippage can change your outcomes.
If you are in a restricted model like Pro funded stage or Direct, the routine is about preventing accidental execution. You check the calendar before your session, decide which releases matter, and flatten or stand aside early. You also cancel pending orders that could trigger, and you make sure your stop and target are not sitting in a place where a normal spike would tag them during the window.
Final Thoughts
At Hola Prime, news trading rules are not one universal answer. Prime is generally built to be friendlier to news trading. Pro often allows it during evaluation but becomes more restrictive around execution once funded. Direct models are stricter, and Futures Direct can be strictest by limiting both holding and execution during the high impact window. If you choose the account type that matches your strategy, and you treat “execution” as more than just clicking buttons, you will avoid the most common rule mistakes that wipe out otherwise solid traders.