FundingPips removes the unscheduled-news rule after trader backlash

In this article

• What rule did FundingPips remove?
• How fast did the removal happen?
• How did FundingPips confirm the removal?
• Is the rule fully gone, or reworded?
• Is the broader SUME rule gone too?
• What happens to traders who already lost profits under the rule?
• Where does this leave FundingPips on the board?

The rule lasted about a day.

On Tuesday, traders reported that FundingPips was stripping profits made around unscheduled news events, including posts on X, while leaving the losses in place. We covered those reports as they landed; the story is here. By Wednesday afternoon, the firm had removed the rule.

What rule did FundingPips remove?

The rule treated unscheduled news, a category broad enough to include a market-moving post on X, as restricted trading conditions. Profits made around such events could be deducted. Losses stayed.

The trader criticism was less about news trading rules in general, which are common across CFD prop firms, and more about the "unscheduled" part. A scheduled red-folder event is on the calendar; you can plan around it. A post on X is not. As one trader put it in the thread that carried much of the backlash: "X posts are not preemptively posted on any news platform. You can't account for that and plan the trade."

How fast did the removal happen?

Fast. The first reports we captured are from Tuesday, August 25. By Wednesday, August 26 at 3:02 PM, trader Salman Munir, whose criticism of the rule had been among the most visible, posted: "The rule was removed earlier. Good work on taking the feedback and moving fast."

That is roughly 24 hours from first public reports to withdrawal. For comparison, most firm rule disputes we track run for weeks without a documented response of any kind.

How did FundingPips confirm the removal?

Less directly than we would like, and that caveat belongs in the open. An earlier reply in the same thread, posted just before 6 PM Tuesday, said FundingPips CEO Khaled (@Khldfx) had confirmed the removal on the firm's Discord. That is a secondhand account; we did not capture the Discord message itself, and we have not seen a standalone statement from the firm's own accounts. The public-facing confirmation we can point at is the post above, from a trader who had been arguing against the rule, not for it, which is part of why we treat it as credible.

Is the rule fully gone, or reworded?

Both, and the firm's own help center now settles it. The disputed wording, "Significant Unscheduled Market Event," the phrase traders shortened to SUME, no longer appears in the published News Trading policy. What stands instead is keyed entirely to the FundingPips Economic Calendar as the only official source: on standard Master accounts, profits from trades opened or closed within 5 minutes of a red-folder news event or speech are deducted unless the trade was opened 5 or more hours before the event, and FundingPips Zero carries a 10-minute hard window around news and speeches.

That is a real narrowing. A calendar event is something you can plan around; a post on X was not. The category that made the original rule unworkable, unscheduled events, is out of the published rules entirely. The windows that remain are defined, scheduled and stated in minutes.

Is the broader SUME rule gone too?

Yes, as far as the published rules go. SUME was not a separate provision: it was the acronym traders used for the "Significant Unscheduled Market Event" wording itself, and that wording is no longer in the firm's News Trading article as of Thursday. The discretionary category is out of the public policy; what replaced it is the calendar-keyed regime above.

One honest caveat remains: a published rule and its enforcement are different things. Whether deductions already made under the old wording are revisited, and how strictly the new windows are applied, is what the next weeks will show.

What happens to traders who already lost profits under the rule?

Nothing we captured addresses this. The removal statements we have seen are forward-looking; we found no commitment to restore profits deducted while the rule was in force. If you had a deduction under it, the practical move is the usual one: keep your records, cite the removal, and ask.

Where does this leave FundingPips on the board?

FundingPips' tier position is re-scored nightly from the full sentiment and tracker picture, not from any single story. A rule imposed and withdrawn inside 24 hours cuts both ways in that picture: the imposition drew the heaviest complaint volume we tracked at the firm this week, and the fast reversal is the kind of documented responsiveness most firms in a dispute never show. The unresolved SUME question keeps this from being a clean ending. Check the firm's page for the current position.

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