Best Forex Broker for News Trading

  1. What Is News Trading?
  2. Best Forex Brokers for News Trading
  3. How to Analyze News for Trading?
  4. Where to Follow up on News about Trading Forex?
  5. Is News Trading a Risky Strategy?
  6. News Trading Brokers List

What Is News Trading?

News trading is a technique that uses news about currencies and other financial instruments as a basis for trading strategy. Economic news, announcements about corporate profit, and company mergers all are events that spur short-term market moves by which traders can make a profit.

Typically, News Trading can be conducted either manually or automatically using event-based algorithmic trading. For more information read the News Trading Wikipedia article.

💻News TradingHigh risk Strategy operating on News releases
📈Trading InstrumentsAll, as offered by the Broker
💰 FeesBased on the Broker

What is News Trading Platform?

To keep themselves updated on important financial news traders can follow special News Apps or Platforms and subscribe to daily and weekly newsletters offered by news providers. Many Forex Brokers also provide important market news and update available on their platforms or offer third-party solutions. See important notes about the news trading platform below:

  • News strategies are generally based on market expectations while Investors trade on news announcements, since News affects Markets rapidly with huge spikes up or down, usually unpredictable and very fast, affecting particular instruments on News releases.
  • However, trading news is a highly risky strategy and traders should not only be agile and skillful with the ability to make fast decisions to make judgments before the financial market is impacted by the news, but also consider the possibility of significant losses trading on News.
  • To start trading news, first of all, choose a trustworthy broker and open an account. We would also recommend choosing a broker with a good and detailed section of news analysis who provides scrupulous articles and updated analysis on forex, share, treasury, commodity, and index markets.
  • On major news most of the Brokers limit trading or restrict the use of leverage or invested amount, so is good to verify these conditions with your broker
  • Using Fundamental analysis as a news trading strategy can be quite helpful. It is especially helpful when combined with technical analysis.
  • Before considering trading based on News, traders should consider several factors and indicators such as rates of inflation, the Central Bank’s current decisions and releases, figures of the domestic products, and trade balances.

AdvantagesDisadvantages
Does not require daily tradingRandom predictions can be risky
Increases market volatilityRequires very reliable Broker
Transactions can be closed immediatelyMight not be suitable for All Instruments
Trading can be carried out automaticallyNeeds deep fundamental and technical analysis
Less trading fees

Top 5 Best Forex Brokers for News Trading

Here we made a selection of the Best Forex News Trading Brokers that we select based on the availability of a comprehensive News section, also allowance to trade on News, also trustworthy Brokers to keep your investments safe:

  • HFM — Best Overall Broker for News Trading 2024
  • BlackBull Markets — Best News Trading Brokers for Beginners 2024
  • FP Markets — Best Low Spread Broker for News Trading 2024
  • Eightcap — Best MT4 Broker for News Trading 2024
  • BDSwiss — Best Algo News Trading Broker 2024

How to Analyze News for Trading?

Market analysis in news trading is essential, good fundamental and technical analyses are more effective when they are combined and used together. However, important to consider high risks and apply risk management, since the market can go much more than expected up or down.

Where to Follow up on News about Trading Forex?

In News trading, signing with a good broker is particularly important. This is because a good broker will provide all the news and market tendencies so you can follow it directly from the Broker News section or stream on the trading platform, besides market analysis tools.

Is New Trading Considered Highly Risky Strategy?

In fact, news trading has a significant number of risks and indeed is a High-risk trading strategy. Market price changes dramatically and very fast on News releases which can lead to significant losses in case occurs. Besides, it is crucial to carry out fundamental and deep market analysis. Amateur market predictions can lead to dire consequences.

List of Brokers allowing Trading on News

Here is our full list of Brokers suitable for News Trading tested and reviewed by our experts:

Broker Detail
HFM Logo HFM
Min. Deposit: 0 US$
Max. Leverage: 1:2000
Trading Platforms: MT4, MT5, HFM Trading App
Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
1
HFM Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, cTrader, BlackBull Trade, Trading View
Regulation: FMA, FSA
2
BlackBull Markets Review
FPM logo FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5, cTrader
Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP, CMA
3
FP Markets Review
Eightcap
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, TradingView
Regulation: ASIC, SCB, CySEC, FCA
4
Eightcap Review
BDSwiss Review BDSwiss
Min. Deposit: 10 US$
Max. Leverage: 1:400 | 1:2000
Trading Platforms: MT4, MT5, BDSwiss Webtrader, and BDSwiss Mobile App
Regulation: FSC, FSA, FSCA, MISA
5
BDSwiss Review
GO Markets
Min. Deposit: 0 US$
Max. Leverage: 1:30, 1:500
Trading Platforms: MT4, MT5, cTrader, WebTrader
Regulation: ASIC, CySEC, FSC, FSA
GO Markets Review
Errante Review Logo Errante
Min. Deposit: $€50
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader
Regulation: CySEC, FSA
Errante Review
Pepperstone Review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
Pepperstone Review
SquaredFinancial Review Logo SquaredDirect | SquaredFinancial
Min. Deposit: $250
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, Mobile App
Regulation: CySEC, FSA
SquaredDirect | SquaredFinancial Review
FXCC Review FXCC
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, SVG FSA
FXCC Review