Trading Challenge Rules
1
How is drawdown calculated?
Drawdown is balance based
It is calculated as a static value off the beginning capital deposited into your trading accounts and evaluations
2
Do you allow trading over the weekend?
Yes our program allows for weekend and overnight holding of trades.
3
Do you allow news trading?
Traders are allowed to trade news, however, we consider news is very risky and we believe the best strategy is to pre-position before the news event.
If a trade is opened 10 minutes before the news, you can leave the trade open subject to the position not being closed within 10 minutes after news.
We define news trading as any trade opened or closed within 10 mins before or 10 mins after any major high impact news event.
High impact News events are classified as any "red folder” in the Forex Factory calendar.
4
Is copy trading allowed?
No, copy trading is not allowed.
5
Can I trade using EAS or ALGOS?
Yes, you are allowed to use EA’s and indicators, including tools for managing risk and automated trading systems. However, certain strategies are prohibited during the funded stage:
-High-frequency trading (manually or using a bot)
-Hedge arbitrage trading
-Tick scalping
-Grid Trading
-Martingale
-One-sided betting & mirrored trading
-Latency arbitrage trading
-Reverse arbitrage trading
-Copying trades from other traders
If any of these strategies are detected in your live account, it will be considered a violation of the rules and Quantili will terminate your account.
Third party EA must be verified prior to using it on your live account.
6
Can I share my trading accounts password?
As we are evaluating the trading of individuals you are solely responsible for your account login details. If you share account passwords with others it will violate our terms and conditions and as such it is not permitted.
We also do not allow for account merging due to risk management and tracking purposes.