We try not to restrict our trader's style at The Forex Funder. As such, macroeconomic news trading is allowed on our accounts. However, any order placed & closed on high-impact news within 5 minutes before and 5 minutes after can result in an account suspension.
Note: You are still expected to trade with a reasonable lot size as if trading your own live account.
Added on 16 Aug 2023:
To avoid confusion, this is the calendar we use: https://www.dailyfx.com/economic-calendar
Added on 17 Sep 2023:
MetaTrader accounts use GMT +3 as their base time zone, so the high-impact news calendar should also be set to GMT +3.