Forex Factory is a trusted free calendar and forum, and it is not going anywhere. Trading News Terminal is the upgrade for traders who need more than a schedule: a live, multi-asset news wire with a hands-free squawk and impact tagging on every headline, surfaced in seconds.
Forex Factory earned its place as one of the most visited free resources in retail trading. Its economic calendar is clean and reliable, its forecasts are easy to read, and its forum holds decades of community knowledge. If all you want is a schedule of upcoming releases, it does that job well and asks nothing in return.
The honest limitation is scope. Forex Factory is built around forex and around a calendar. It does not carry a real-time news wire, it has no audio squawk, and it does not stream headlines across stocks, indices, commodities, crypto and bonds. Trading News Terminal (TNT) is built for the trader who outgrew the calendar. It keeps a live economic calendar and layers on a real-time multi-asset news feed, hands-free audio, and automatic impact tagging on every headline, so the calendar becomes the starting point rather than the whole product.
A fair comparison starts with respect, so let us be clear about what Forex Factory does well. It is a dependable free calendar with a loyal following, and for a lot of traders it is the first bookmark they ever saved.
The gap shows the instant the market actually moves. A scheduled event is only half the story. The other half is the headline that crosses the wire, the revision nobody forecast, or the central banker who says a little more than the market expected. A calendar cannot capture that, because by the time an event is over the move has already happened.
This is where TNT changes the game. On Pro, breaking stories surface in seconds, the instant they cross the wire, drawn from professional newswires and institutional sources. Every headline is automatically tagged to the assets it affects and classified by impact as HIGH, MEDIUM or LOW, so you can collapse the noise to only what touches your book. You can read exactly how headlines are sourced, tagged and scored in our methodology.
Here is the feature by feature picture, stated plainly. Forex Factory is a free calendar and forum. TNT is a real-time news terminal that happens to include a calendar as one of its tools.
The table is not a knock on Forex Factory. It simply shows that a calendar and a news terminal are different categories of product, and that a trader reacting to live data needs the second one.
| Feature | Forex Factory | Trading News Terminal |
|---|---|---|
| Focus | Forex calendar and community forum | Real-time multi-asset news terminal |
| Economic calendar | Yes, with forecasts and history | Yes, live, with the actual auto-injected and a beat/miss signal |
| Real-time news wire | No | Yes, headlines in seconds on Pro |
| Audio squawk | No | Yes, hands-free Squawk Box (Pro) |
| Impact classification | Colour-coded event impact | HIGH / MEDIUM / LOW on every headline, auto-tagged to assets |
| Asset coverage | Forex-centric | 6 asset classes: forex, indices, stocks, commodities, crypto, bonds |
| Price | Free | Free Basic, or Pro at EUR 40 / month |
If the calendar is the reason you open Forex Factory, this is the section worth reading twice. TNT treats the calendar as a live instrument rather than a static list. Countdown timers tick toward each release, the previous value and consensus forecast sit right beside the event, and the moment the number prints the actual is auto-injected straight into your news feed with a colour-coded signal that tells you at a glance whether it beat or missed expectations.
The calendar spans 20+ global economies, so a trader watching the dollar, the euro, the pound and the yen sees every tier-one release in a single view. You can map out your week against the economic data release dates for 2026 and 2027, then let the terminal handle the live reaction when each figure lands. That is the difference between knowing a number is due and actually trading it.
Switching does not mean giving up free. Basic is free forever and includes the live feed and the economic calendar on a short news delay, which is still far quicker than refreshing a slow aggregator in another tab. It is a genuinely useful free tier, not a locked demo designed to frustrate you into paying.
Pro is EUR 40 / month or EUR 360 / year, and it comes with a 7-day free trial. That is where TNT becomes fully real-time: headlines in seconds, the complete hands-free Squawk Box, and the entire impact-tagged feed across all 6 asset classes. If you would rather keep everything inside one messaging app, Telegram Premium is EUR 19 / month. Either way, you can keep the free Forex Factory calendar you already trust and simply add the live wire it was never designed to provide.
Yes. The Basic plan is free forever and includes the live news feed and the economic calendar on a short news delay, so you can replace a slow aggregator at no cost. Upgrading to Pro removes that delay and unlocks real-time headlines in seconds, the Squawk Box, and the full impact-tagged feed.
Yes, and it goes a step further. The calendar covers 20+ global economies with countdown timers, previous value and consensus forecast, and it auto-injects the actual figure into your feed with a colour-coded beat or miss signal the instant each number prints.
Forex Factory is a calendar and a forum. TNT adds a real-time news wire across 6 asset classes, a hands-free audio Squawk Box, impact classification of HIGH, MEDIUM or LOW on every headline, Telegram and keyword alerts, 7 live TV channels, a Central Banks Tracker, and TradingView charts.
On Pro, headlines surface in seconds, the instant they cross the wire, pulled from professional newswires and institutional sources. The free Basic plan runs on a short delay, which is still quicker than refreshing most free aggregators.
Absolutely, and many traders do. Keep the free Forex Factory calendar and forum for reference, and run TNT beside it for the live wire, the squawk and multi-asset coverage. One tells you what is scheduled, the other tells you what is moving right now.
Luís is a forex and macro trader with 13+ years of experience trading European session opens and U.S. data releases. He oversees how Trading News Terminal sources, times and classifies the news. Read more at luisbarataforextrader.com or on LinkedIn, and see how we source and time the news.
Disclaimer: Trading News Terminal provides news, data and educational content. Nothing on this site is investment advice or a recommendation to buy or sell any instrument. Trading forex, futures and other leveraged products involves substantial risk, including losses that can exceed your deposit. Always do your own research.