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Quant Tekel Rules

QT POWER is a trading account with a two-step evaluation process, requiring a 6% profit target and specific drawdown limits. Traders must adhere to strict rules regarding risk management, trading during news events, and position sizing, with an 80% profit split for successful traders. Violations of the rules can result in soft or hard breaches, affecting account status and eligibility for profit sharing.

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4K views6 pages

Quant Tekel Rules

QT POWER is a trading account with a two-step evaluation process, requiring a 6% profit target and specific drawdown limits. Traders must adhere to strict rules regarding risk management, trading during news events, and position sizing, with an 80% profit split for successful traders. Violations of the rules can result in soft or hard breaches, affecting account status and eligibility for profit sharing.

Uploaded by

Alis
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Quant Tekel

What is QT POWER - Only 2-Step?

QT POWER is a trading account that follows a two-step evaluation


process for traders.

What are the profit targets for the QT POWER 2-Step Account?
The profit targets for each phase are set at 6%.

What are the drawdown limits for the QT POWER 2-Step Account?

Daily Drawdown: 3% based on End of Day (EOD) Equity


Max Loss: 8%

How many trading days are required per phase?


A minimum of 4 trading days is required for each phase.

What leverage is offered on different asset classes?

Forex: 1:100
Indices & Metals: 1:35
Crypto: 1:2.5

What are the key rules for the Challenge and Funded Accounts?

Gambling Rule: The maximum risk per trade is 2%.


Consistency Rule: Both Challenge and Funded Accounts must maintain
a 35% consistency score.
No News Rule & 2-Minute Rule!

What is the profit split for traders?


The profit split for traders is 80%.

News

These rules apply to Legacy Funded Accounts and All Phases of the
Advanced Model
Trading Restrictions Around Economic News Releases:

Trade Timing:
Trades must not be initiated within 5 minutes before or after a high
economic news release.

Permissible Orders:
Positions opened more than 5 minutes before a news release may be
held through the news event.
Limit orders set more than 5 minutes before a news release, with
predefined Stop Loss (SL) and Take Profit (TP), are allowed if activated
during the release.

Prohibited Actions:
Manual opening or closing of trades within 5 minutes before or after a
high economic news release, Or during a high economic news release
is strictly prohibited.
Moving Stop Loss (SL) or Take Profit (TP) during this time is also
prohibited.
Placing, editing, or canceling limit orders within 5 minutes before or
after a high economic news release, Or during a high economic news
release is also strictly prohibited.

Consequences:
Violation will lead to a soft breach of the account.

News Source:
We utilize Forex Factory for news-related releases(MT5 server time).

Affected News Releases:


This rule applies to all pairs on the following news releases:
U.S. Consumer Price Index (CPI)
Federal Open Market Committee (FOMC) Statement
FOMC Meeting
Non-Farm Employment Report
Flash Manufacturing and Services (PMI)

Red Folder News Events:


For red folder news events impacting a specific currency (e.g., GBP),
trading is restricted for all pairs involving that currency(e.g.,
GBPUSD,GBPJPY) and any indices(e.g., FTSE100) priced in that
currency.
For all-day red events, trading is restricted for all pairs involving the
corresponding currency for the entire day.
Speeches:
If a speech is labelled red on Forex Factory, you must wait for the
speech to end. Only after 5 minutes can you resume trading freely.
During this time, all the above rules apply.
Example A:
A news event is set for 12:30 PM, which means you cannot enter new
positions or modify existing ones from 12:25 to 12:35 PM. However,
existing take-profit, stop-loss, and limit orders will remain unaffected.
Trading is restricted for all pairs involving USD and for any indices
(e.g., DJ30) priced in USD during this time window.
Example B:
A news event is scheduled for the entire day, meaning you cannot enter
new positions or modify existing ones from five minutes before that day
until five minutes after that day. However, existing take-profit, stop-loss,
and limit orders will remain unaffected. Trading is restricted for all pairs
involving EUR and for any indices (e.g., DE30) priced in EUR during
this time window.
*News releases which at our discretion will be announced prior to their
release via email can not be traded for the duration mentioned in the
email.

Maximum Exposure (Risk) and Gambling Rule For Advanced Model


These rules apply to Advanced Model
Maximum Exposure and Gambling Rule:
Maximum Exposure:
Your total exposure should not exceed 2% of the balance and/or equity
of the account at any time.
Maximum exposure per position should not exceed 1.5% of the balance
and/or equity of the account at any time.
All-or-Nothing Approach:
The "all or nothing" approach is strictly banned
Consequences:
Any breach of these rules will result in a soft breach of your account
and forfeiture of any profits.

Breaches Explained(Advanced Model)


Hard Breach
Outcome: Your account will be permanently disabled and ineligible for
any profit splits, both current and future.
Soft Breach
Outcome: Your account will be reset, requiring you to undergo the
same evaluation process used to obtain funding originally.
Details by Evaluation Type:

1-Step
Reset to Phase 1 of the 1-step evaluation regardless of whether the
breach occurred in Phase 1 or Funded.
2-Step
Reset to Phase 1 of the 2-step evaluation, regardless of whether the
breach occurred in Phase 1, Phase 2 or Funded.
3-Step
Reset to Phase 1 of the 3-step evaluation, regardless of whether the
breach occurred in Phase 1, Phase 2, Phase 3, Funded.

Trading Rules For Legacy Evaluation Phases


For evaluations only:
Maximum Risk:There are no maximum risk limits for evaluation phases.
News Trading:You are free to trade news events without restrictions
during evaluation phases.
Lot Size Limits:You are free to use the entire margin during evaluation
phases.

Prohibited Trading Strategies:


Taking advantage of unrealistic prices or trade opportunities:Includes
practices such as arbitrage, latency trading, front-running price feeds,
and exploiting mispricing.
Latency Trading
Arbitrage Trading
High-Frequency Trading:Includes tick scalping
Reverse Trading or Group Hedging

Layering Rule
Applies Exclusively to Simulated Funded Accounts
Open Positions and Position Sizing:
Maximum Positions:
A maximum of 3 open positions on the same instrument is allowed at
any given time.
Position Sizing:
Increasing the size of an existing position will be treated as opening a
new position.
Consequences:
Violation will lead to soft breach of the account.

Minimum Trade Duration


Applies Exclusively to Simulated Funded Accounts

Minimum Trade Duration:


All trades must be held for a minimum of 2 minutes

Exceptions:
Trades that are automatically closed by Stop-Loss (SL) or Take-Profit
(TP) before reaching 2 minutes are permitted.

SL and TP Levels:

If you wish to set SL and or TP levels, they must be set within 15


seconds of opening the position or after the first 2 minutes.
Manually closing a trade or adjusting the Stop-Loss (SL) or Take-Profit
(TP) after the first 15 seconds or before the initial 2 minutes have
elapsed will result in a breach.
Consequences:

Violation will lead to soft breach of the account.


Example:
Open Trade: 10:00 AM on USD/JPY.
Set SL/TP: Before 10:00:15 AM and after 10:02:00 AM.
Close Trade by SL/TP: Anytime.
Close Trade by Market: After 10:02:00 AM.

Minimum Profit Requirement

Must make at least $110 to request a performance fee.


Funded accounts must achieve a minimum profit of 0.5% on at least
two separate days within a trading cycle. This calculation is based on
the higher of the account's balance or equity.

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