Earn2Trade runs two evaluation programs (Trader Career Path 5-stage ladder + Gauntlet Mini single-phase) with rule sets that differ across daily loss, max loss, and minimum trading days. Futures-only on CME/COMEX/NYMEX/CBOT. Full rule breakdown in my Earn2Trade rules guide, or read my complete review. Sign up at Earn2Trade.
Earn2Trade restricts trading during defined windows around scheduled economic events on both the Trader Career Path (TCP) and Gauntlet Mini programs. The firm trades CME, COMEX, NYMEX, and CBOT futures exclusively, which means the restriction covers not just the macro calendar releases most traders already watch (FOMC, NFP, CPI) but also the futures-specific data that drives crude oil, natural gas, and gold markets. This article walks through which events are typically restricted, the timing mechanics involved, what happens if you breach the rule, and how traders can structure sessions around a busy economic calendar.
One caveat upfront: Earn2Trade does not publish its full news-trading rule on the public-facing TCP or Gauntlet Mini product pages as of May 2026. The detail lives in the help center at help.earn2trade.com. The information in this article is based on how the firm has historically structured the rule, cross-referenced against industry norms and the firm's futures-only positioning. Verify the current rule at help.earn2trade.com before trading around any scheduled release.
For broader context on Earn2Trade's rule architecture, the Earn2Trade rules overview is the right place to start. This article is a focused deep-dive on news trading specifically.
Can you trade news at Earn2Trade?
Short answer: not during the restricted window. Longer answer: it depends on what you mean by "trading the news."
Earn2Trade applies a blackout window around scheduled high-impact economic events. During that window, opening new positions is prohibited. This is a firm-level rule, not a platform quirk. Violating it is treated as a rule breach, not a technical glitch. The firm is futures-only, which matters here: the events that move CME and NYMEX futures overlap with, but are not identical to, the macro calendar events that stock and forex traders track.
The policy applies on both TCP and Gauntlet Mini. Whether it carries forward to live funded accounts is a point to confirm directly with Earn2Trade. Some firms relax the restriction once a trader is live; others maintain it throughout. For TCP traders working through the five-stage ladder, this rule is consistent from the $25K evaluation through the LiveSim phases at minimum.
The restriction is not unique to Earn2Trade. Topstep, Apex Trader Funding, and TakeProfitTrader all operate similar blackout windows around major releases. It is a standard feature of futures-prop evaluations, rooted in the risk management logic that sudden event-driven moves can wipe drawdown headroom before a stop order can execute.
Which events are restricted?
Earn2Trade's restricted event list covers the categories that drive the most acute short-term volatility in CME/COMEX/NYMEX/CBOT futures. These fall into two buckets: macro calendar events and futures-specific supply/demand reports.
The table below reflects the events most commonly restricted by futures-prop firms operating in the same market as Earn2Trade. Verify the exact list at help.earn2trade.com before relying on it.
| Event | Typical Release Schedule | Primary Futures Affected |
|---|---|---|
| FOMC rate decision | 8x per year, 2:00 PM ET | /ES, /NQ, /ZN, /ZB, /GC |
| FOMC minutes | 3 weeks post-meeting | /ES, /ZN, /ZB |
| Nonfarm Payrolls (NFP) | First Friday of the month, 8:30 AM ET | /ES, /NQ, /GC, /6E |
| Consumer Price Index (CPI) | Monthly, 8:30 AM ET | /ES, /ZN, /GC, /6E |
| Producer Price Index (PPI) | Monthly, 8:30 AM ET | /ES, /ZN |
| GDP (advance, preliminary, final) | Quarterly, 8:30 AM ET | /ES, /NQ, /ZN |
| ISM Manufacturing / Services PMI | Monthly, 10:00 AM ET | /ES, /NQ |
| Retail Sales | Monthly, 8:30 AM ET | /ES, /NQ |
| Initial Jobless Claims | Weekly, Thursday 8:30 AM ET | /ES, /ZN |
| EIA Weekly Petroleum Inventory | Weekly, Wednesday 10:30 AM ET | /CL, /NG |
| EIA Natural Gas Storage | Weekly, Thursday 10:30 AM ET | /NG |
| COMEX Gold / Silver inventory | Periodic | /GC, /SI |
| Fed Chair speeches (scheduled) | Variable | /ES, /ZN, /GC |
The EIA weekly reports deserve particular attention because they show up on a fixed weekly schedule, not just during the major monthly release calendar. A trader running a /CL crude oil account faces a Wednesday 10:30 ET restriction every single week, not just eight times a year. That changes how you structure the week significantly compared to a trader focused only on equity-index futures.
The Earn2Trade instruments and markets guide covers which specific contracts are available across the CME complex. Cross-reference that list with this event table to identify which releases hit the contracts you actually trade.
What's the exact restriction window?
The standard across futures-prop firms is a two-minute flat window on each side of the scheduled release time. So for an 8:30 AM ET data release, the blackout typically runs from 8:28 AM ET through 8:32 AM ET. Opening new positions during those four minutes is prohibited.
Earn2Trade has historically operated within this industry norm. The exact window (including whether it is measured in minutes or seconds, and whether it applies symmetrically before and after) should be confirmed in the help center. Some firms use a 2-minute pre / 2-minute post structure. Others apply a slightly wider post-release window because volatility often extends beyond the initial spike.
A few practical implications:
- If you have an open position going into a restricted event, the restriction typically covers opening new positions, not force-closing existing ones. Whether holding through is permitted depends on Earn2Trade's specific rule language. Worth confirming before the next major release.
- The platform clock and CME/exchange clock should be the same reference. If there is a discrepancy, use the exchange clock.
- Scheduled event times are listed in US Eastern Time on most economic calendars. Convert carefully if you trade in another timezone.
For context on how this window compares to peer firms, Topstep publishes a clear 2-minute window. Apex Trader Funding documents its news-event policy in its help center. The Earn2Trade vs Topstep comparison covers these rule differences side by side.
Does the rule differ between TCP and Gauntlet Mini?
Both programs carry a news trading restriction. The public product pages for TCP and Gauntlet Mini do not publish different event lists or different timing windows for the two programs.
Where it gets nuanced: TCP is a five-stage ladder, so the rule applies across multiple phases over potentially many months. Gauntlet Mini is a single-phase evaluation: pass once, move to funded. The news restriction is present in both, but the cumulative exposure to the rule is much higher for TCP traders simply because there are more trading days involved.
TCP traders at the $25K evaluation level have 3 contract maximum exposure, which actually reduces the risk of a news-related drawdown breach relative to larger accounts. The drawdown mechanics shift meaningfully as you climb the ladder. By the time you reach the $100K live stage with a $3,500 max drawdown and $2,200 daily loss limit, a single unplanned position through a volatile NFP print can do real damage. The news restriction exists partly to protect against exactly that scenario.
Gauntlet Mini at $50K carries a $2,000 max drawdown and $1,100 daily loss limit during evaluation. One bad FOMC trade can consume half the daily limit before you get a chance to cut it. The restriction is a mechanical protection, not just a compliance requirement.
For a full breakdown of how the two programs compare across all their rules, see the Earn2Trade TCP vs Gauntlet Mini comparison.
What happens if you violate the news rule?
Trading during a restricted window is a breach of the evaluation agreement. The consequences at most futures-prop firms, including Earn2Trade, follow a similar escalation path:
First violation: warning or voided trade. Some firms issue a first-offense warning and void the trade in question without ending the evaluation. Others treat any violation as an automatic breach. Earn2Trade's specific enforcement policy on first violations should be confirmed in the help center.
Direct breach on evaluation accounts. If the violation is treated as a rule breach, the evaluation ends. On TCP, you can purchase a $65 reset and restart the phase. On Gauntlet Mini, you restart the single evaluation. This means the violation costs you both time and the reset fee.
Funded account consequences. If the news trading restriction applies to live funded accounts and is violated, the consequences are more severe: the funded account may be terminated. Unlike an evaluation reset, a live account breach typically requires purchasing a new evaluation.
There is no grey area here. The news rule is not a soft guideline. It is part of the evaluation agreement. Ignorance of the calendar is not a defence.
The Earn2Trade drawdown and breach rules article covers the broader breach mechanics in detail. The Earn2Trade what happens if you break the rules piece walks through the enforcement escalation path.
How do you trade around news days at Earn2Trade?
Most experienced futures traders treat high-impact news days as a planning problem, not a trading problem. The restriction is short. The calendar is predictable. The approach below reflects standard practice across the futures-prop community.
Get the weekly calendar before Monday's open. The Forex Factory futures calendar, CME Group's economic calendar, and Briefing.com all publish the week's scheduled events. Know which days have 8:30 AM ET data before you plan a session.
Mark the blackout windows in your trading platform. NinjaTrader and Tradovate (both supported by Earn2Trade) let you add event markers or use a simple calendar plugin. Mark the window, not just the event time.
Do not short the pre-event drift. The temptation to position before an event to capture the initial spike is how most news-restriction violations happen. The trade looks obvious at 8:27 AM ET. It is also prohibited.
Let the window expire, then evaluate. The two minutes after the release are often the most volatile. Many professional futures traders wait until the market establishes a clear direction after the initial spike and trade the follow-through. This approach complies with the restriction while still capturing much of the event's momentum.
Avoid the EIA window every week. Wednesday 10:30 ET is a standing restriction if you trade crude oil or natural gas futures. Build it into your weekly template. Treat it the same as a market holiday.
Consider your contract size relative to event volatility. Even outside the restriction window, post-event volatility in /GC or /CL can be extreme. Account sizing and stop placement matter as much as rule compliance.
The Earn2Trade trading strategies guide covers how to structure sessions around Earn2Trade's rule architecture more broadly. The Earn2Trade consistency rule explained is also relevant here, because news-day absences can affect your consistency metric if you are counting on specific daily patterns.
What about the LiveSim phase?
LiveSim is Earn2Trade's intermediate phase between evaluation and a live funded account. Since March 2026, traders who pass the TCP evaluation can access LiveSim immediately without waiting for full onboarding to complete. Withdrawals still require completed compliance documentation.
The LiveSim phase uses the same drawdown mechanics as the evaluation phase: end-of-day drawdown rather than the trailing drawdown used on live TCP accounts above the $25K tier. Based on how Earn2Trade structures its rule set, the news trading restriction is expected to carry through the LiveSim phase the same way it applies during evaluation.
Why does this matter? Because 94.77% of Earn2Trade passers in 2025 remained on LiveSim rather than progressing to a live account. The LiveSim phase is, for most traders, the practical funded environment. News-day compliance on LiveSim is not a preliminary step toward the "real" rule. For 94.77% of passers, it is the rule they trade under.
Verify the current LiveSim news-trading position in the help center. The March 2026 Faster LiveSim Access update changed the onboarding timeline but is not known to have changed the underlying trading rules. See the Earn2Trade LiveSim explained piece for full context on how LiveSim works relative to live accounts.
How does Earn2Trade's news rule compare to Topstep, Apex, and TakeProfitTrader?
All three firms restrict news trading. The differences are in the specifics of the window and the transparency of the rule's publication.
Topstep is one of the clearest on this: a 2-minute flat window before and after each scheduled major release, documented in the help center. Apex Trader Funding also applies news restrictions and documents them, though the event list and window details require a help center check. TakeProfitTrader has historically been more lenient on news trading than some peers, but the current rule should be verified directly.
Earn2Trade's futures-only positioning means its restricted event list is weighted more heavily toward CME and NYMEX economic releases than a multi-asset firm would need to cover. The EIA weekly reports are on the radar in a way that they would not be for a forex-only or equity-index-only firm.
The table below compares the headline news-trading posture across the four firms. Window and event details should always be verified at each firm's current help center.
| Firm | News Trading Restricted? | Typical Window | Event List Transparency |
|---|---|---|---|
| Earn2Trade | Yes (both programs) | ~2 min before/after (verify) | Help center — not on product pages |
| [Topstep](/prop-firms/topstep) | Yes | 2 min before/after (documented) | Help center — clearly published |
| [Apex Trader Funding](/prop-firms/apex-trader-funding) | Yes | Verify in help center | Help center |
| [TakeProfitTrader](/prop-firms/takeprofittrader) | Yes (verify current policy) | Verify in help center | Help center |
The consistent thread: this is a futures-prop industry norm, not an Earn2Trade-specific restriction. Anyone evaluating at a futures-prop firm needs to build this into their trading plan regardless of which firm they choose.
For a broader comparison, the Earn2Trade vs Apex Trader Funding and Earn2Trade vs TakeProfitTrader articles cover the rule differences across these firms in detail.
The bottom line
Earn2Trade restricts trading during defined windows around high-impact economic events on both TCP and Gauntlet Mini. The restricted events span the standard macro calendar (FOMC, NFP, CPI, GDP, ISM) and the futures-specific data releases that move CME and NYMEX contracts, particularly the EIA weekly oil inventory report that hits every Wednesday at 10:30 AM ET. The industry-standard restriction window is approximately two minutes on each side of the event; Earn2Trade's exact timing should be confirmed at help.earn2trade.com before you trade around any scheduled release.
Violating the news rule carries the same consequences as a drawdown breach: the evaluation ends. On TCP you can reset for $65. On Gauntlet Mini you restart the evaluation. On a live funded account, the stakes are higher.
The rule is workable. The calendar is published weeks in advance. Mark the windows, stay out during them, and trade the follow-through once the restriction expires. That is the standard approach used by prop traders across Topstep, Apex, and every other futures-prop firm running the same policy.
Frequently Asked Questions
Does Earn2Trade allow news trading?
Earn2Trade restricts trading during scheduled high-impact economic event windows on both TCP and Gauntlet Mini. Trading is generally prohibited within a set period before and after each restricted release. Verify the exact current window at help.earn2trade.com before the next scheduled event.
What events are restricted at Earn2Trade?
The core restricted events are the major macro releases that move CME and NYMEX futures: FOMC rate decisions, NFP, CPI, PPI, GDP, ISM reports, and Fed Chair scheduled speeches. Futures-specific releases also apply — principally the EIA weekly petroleum inventory report (Wednesday 10:30 ET) and natural gas storage report (Thursday 10:30 ET). Verify the full current list with earn2trade.com.
How long before a news event am I restricted?
The industry-standard window used across futures-prop firms is two minutes before and two minutes after the scheduled release. Earn2Trade's exact timing should be confirmed in the help center before trading around any event.
Does the news rule differ between TCP and Gauntlet Mini?
Both programs carry the restriction. The public product pages do not publish different event lists or timing windows for the two programs. Verify any program-specific differences at help.earn2trade.com.
What happens if I trade during a restricted news window?
It is a rule violation. Depending on program terms and enforcement policy, this can result in a warning, a voided session, or a direct evaluation breach. Treat it the same as hitting your daily loss limit — the account may not be recoverable.
Does the news restriction apply during LiveSim?
Based on how Earn2Trade structures its rule set across evaluation and LiveSim phases, the restriction is expected to apply during both. Verify the current LiveSim rule in the help center before trading around scheduled events.
How do I know when a restricted event is scheduled?
The CME Group economic calendar and the Forex Factory futures calendar both publish scheduled release times in US Eastern and GMT. Check the weekly calendar before Monday's open and mark the blackout windows in your trading platform.
Can I hold an existing position through a news event?
Opening new positions is the typical target of news trading restrictions. Whether holding an existing position through a restricted window is also banned varies by firm and sometimes by program phase. Verify Earn2Trade's specific wording at help.earn2trade.com.
How does Earn2Trade's news rule compare to Topstep and Apex?
All three firms restrict trading around major economic releases. Topstep documents a clear 2-minute flat window. Apex applies comparable restrictions documented in its help center. Earn2Trade operates in the same space with a similar policy structure — the exact window and event list should be confirmed at each firm's current help center.
Does the news restriction apply to funded live accounts at Earn2Trade?
The public product pages do not explicitly state whether the evaluation news rule carries over to live funded accounts. Confirm this point in the help center before your first live session around a major release.
What is the EIA report and why is it restricted?
The EIA weekly petroleum status report (released every Wednesday, usually 10:30 ET) is the primary market mover for crude oil futures (/CL) and natural gas (/NG) on NYMEX. A significant miss or beat on inventory levels can move /CL several percentage points in seconds. That kind of sudden, short-duration spike is exactly what news restrictions are designed to keep inside the drawdown limit.
Can I scalp right after the news window closes?
Once the restricted window expires, trading is permitted. Many futures traders wait for the market to establish a clear post-event direction in the first minute after the window and then trade the follow-through momentum rather than the initial spike. This approach is compliant and often more reliable than trying to front-run the release.