The Quant Tekel news trading rule determines whether traders can freely open, close, or modify positions during major news events listed on ForexFactory.com. These rules apply to both the challenge phase and the funded account phase.
The Simple Answer
Whether news trading is permitted with Quant Tekel depends on the account type and the phase (challenge or funded). We have provided the details below for clarity.
Instant Account (QT Instant)
| Stage | News Trading Allowed? |
|---|---|
| Funded Account | No |
2 Step Challenge (QT Power)
| Stage | News Trading Allowed? |
|---|---|
| Step 1 (Challenge) | Yes |
| Step 2 (Challenge) | Yes |
| Funded Account | Yes |
2 Step & 3 Step Challenges (QT Prime)
| Stage | News Trading Allowed? |
|---|---|
| Step 1 (Challenge) | Yes |
| Step 2 (Challenge) | Yes |
| Funded Account | No |
Quant Tekel News Trading Restrictions
On the 2 Step Challenge account (QT Power) you are permitted to trade during major economic news events. There are no restrictions on maintaining open positions during high-impact news on both challenge and funded phase.
However, on the 2 Step & 3 Step Challenge (QT Prime) ‘funded phase’ as well as Instant Account (QT Instant): you are restricted from manually opening or closing trades, adjusting Stop Loss (SL) or Take Profit (TP), or placing, editing, or canceling limit orders within 5 minutes before and 5 minutes after high-impact economic news releases.
For example, if a news event occurs at 1:00 PM, you cannot open or close any position from 12:55 PM (5 minutes before) to 1:05 PM (5 minutes after).
After that 10-minute window passes, you can trade freely.
| 12:55 PM | 1:00 PM | 1:05 PM |
|---|---|---|
| No Trading Starts | News Event | No Trading Ends |
| 10-Minute No-Trading Window | ||
Limit Orders
Limit orders or previously opened orders placed over 5 minutes before a news release, with set Stop Loss (SL) and Take Profit (TP), can trigger during the event without issue and will not result in a violation of the news trading rule.
Violating the Quant Tekel News Trading Rule
Violations result in a hard breach, meaning your account will be breached and you your account will be disabled and you are disqualified from payouts.
Quant Tekel Discount Code
If the Quant Tekel news trading rule fits your approach, be sure to grab Propvator’s Quant Tekel discount code from their company page here.
View and compare the news trading rules of other prop firms:
