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
News trading is NOT permitted with Quant Tekel, and the rules apply to all account types and phases (both challenge and funded).
This means, traders are not permitted to trade before and after news events.
2 Step Challenge
| Stage | News Trading Allowed? |
|---|---|
| Step 1 (Challenge) | No |
| Step 2 (Challenge) | No |
| Funded Account | No |
Quant Tekel News Trading Restrictions
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).
This creates a 10-minute window during which you should avoid trading.
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 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 soft breach, meaning your account will be reset, requiring you to restart from Step 1 of the 2-step evaluation, regardless of whether the breach occurred in Step 1, Step 2, or the Funded Account stage.
However, trading during news events does not result in a hard breach, only a soft breach.
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.