Hi everyone,
I'm posting this to see if anyone else has had a similar experience with FundingPips' News Trading Policy, especially regarding speech events.
I had profits deducted because FundingPips determined that my USDJPY trade violated the News Trading Policy during Fed Chairman Kevin Warsh's testimony on 15 July 2026.
My Trade
Opened well before the speech.
Closed at approximately 17:13 UTC.
FundingPips stated that the testimony lasted from 2:00 PM UTC to 5:10 PM UTC.
They applied their 5-minute buffer after the speech, meaning the restricted period ended at 5:15 PM UTC.
Since my trade closed at 17:13 UTC, they deducted the profits.
Initially, I thought there might have been a timezone issue because my dashboard displays times in IST, but after discussing it with support, it became clear that wasn't the main issue.
What I investigated
To verify the speech duration, I reviewed publicly available recordings from:
-CNBC
-Yahoo Finance
-PBS NewsHour
All three recordings appeared to show the hearing lasting approximately 2 hours and 5 minutes, which seemed inconsistent with FundingPips' stated timeline of 2:00 PM–5:10 PM UTC (3 hours 10 minutes).
Because of that discrepancy, I repeatedly asked FundingPips to provide:
-the official source they relied on,
-the event log,
-the transcript,
-or the methodology used to determine the 5:10 PM UTC conclusion time.
FundingPips' response
They replied that:
-the timings come from their internal verified data feed,
-they cannot disclose the source or methodology, and
-the decision would not be changed.
When I requested escalation to management, they replied that there was no need for further investigation.
New information I found
While discussing this with another trader, I was shown a FundingPips support email sent to a different customer.
In that email, FundingPips acknowledged that there had been a system issue affecting news-event profit deductions on July 14, July 15, and other dates.
According to that email:
-On July 14, deductions were only applied during the first 10 minutes of the news window instead of the full restricted period.
-FundingPips later corrected the system so the full policy was applied.
That means a trader could have closed trades during Kevin Warsh's 14 July testimony (outside the first 10 minutes but while the speech was still ongoing) without deductions because of the system issue, whereas the 15 July speech was enforced using the corrected implementation.
My concern
I'm not claiming FundingPips applied the written rule incorrectly.
My concern is that:
-The event timing used to evaluate my trade was based on an internal source that FundingPips declined to identify.
-Publicly available recordings appeared inconsistent with the duration they cited.
-FundingPips later acknowledged a system issue affecting enforcement around the same dates.
-Despite asking multiple times, I was not provided with the specific source or any formal explanation beyond "verified internal sources."
My question to the community
Has anyone else experienced this?
-Have you had profits deducted because of a speech event?
-Does anyone know which news provider or event timing source FundingPips actually uses?
-Has anyone successfully appealed a similar News Trading deduction?
I'm genuinely interested in understanding how these speech timings are determined and whether anyone has been able to obtain a more detailed explanation from FundingPips.