Does Quant Tekel's Maximum Daily Loss include swap fees and commissions?

Yes, swap fees, commissions, and all trading costs count toward the 4% daily loss calculation since they affect your EOD equity. These costs accumulate throughout the trading session and are included in the final equity assessment. Plan your trading volume accordingly to account for these additional costs.

What happens if I breach the Maximum Daily Loss?

Breaching the 4% daily loss limit results in immediate account termination during both Challenge and Funded phases. Your account will be closed automatically, and you cannot continue trading on that account. You would need to purchase a new Challenge account to restart the evaluation process.

When does Quant Tekel's daily loss limit reset each day?

The daily loss limit resets at broker server time, typically 5 PM EST (10 PM GMT) when the forex market closes. This reset timing is independent of your local timezone or when you start trading. All loss calculations are based on equity changes from this daily reset point.

Is Quant Tekel's daily loss calculated on starting balance or current equity?

The 4% daily loss is calculated on the account's starting equity at the beginning of each trading day, not the original account balance. If your account has grown from $50,000 to $55,000, the daily loss limit becomes 4% of $55,000 ($2,200), not the original $50,000. The calculation adjusts daily based on your current equity level.

Updated 2026-03-08

Quant Tekel Maximum Daily Loss Rule Explained

Quant Tekel

Quick Answer

Quant Tekel's Maximum Daily Loss rule limits traders to 4% daily losses on both Challenge and Funded accounts.

The 4% loss is calculated based on end-of-day (EOD) equity from the previous trading session. This includes both realized losses from closed trades and unrealized losses from open positions. Breaching this limit results in immediate account termination during both Challenge and Funded phases.

Key Rule Details

Limit

Dollar Value ($100,000)

$4,000

Includes

Open + Closed P&L

Resets

Daily

Breach

Account terminated

Calculation Example

Account Size: $100,000 — Maximum Daily Loss: $4,000

Account Size	$100,000
Maximum Daily Loss Limit	$4,000
Scenario: Closed P&L	$-1,120
Scenario: Floating P&L	$-2,080
Total Exposure	$-3,200
Remaining Buffer	$800

Limit used:80%

Common Mistakes

Ignoring Unrealized Losses

Traders focus only on closed trade losses while holding large losing positions. Since Quant Tekel calculates daily loss based on EOD equity, a trader with a $50,000 account could breach the rule with $2,000 in unrealized losses even without closing any trades. The equity drop alone triggers the violation.

Misunderstanding Reset Timing

Traders assume the daily loss resets at market open or their local timezone. Quant Tekel's daily loss calculation resets based on their server time, typically at broker close (5 PM EST). Trading late in the session without knowing the exact reset time can lead to unexpected violations when positions carry overnight.

Revenge Trading After Losses

After hitting 2-3% daily loss, traders increase position sizes to recover quickly. This aggressive approach often pushes them past the 4% limit within minutes. On a $100,000 account, trying to recover a $3,000 loss with oversized positions frequently results in hitting the $4,000 daily limit and immediate termination.

Weekend Gap Risk

Traders hold positions over weekends without considering gap risk on Sunday/Monday opens. A $25,000 account holding positions worth $5,000 could breach the $1,000 daily loss limit immediately on market open due to weekend news gaps. The EOD equity calculation includes these gap losses as part of the daily loss.

Protection Strategies

Set Personal Daily Loss Limit

Establish your daily loss limit at 3% instead of Quant Tekel's 4% maximum. This creates a 1% safety buffer to account for slippage, overnight gaps, or calculation timing differences. On a $50,000 account, stopping at $1,500 losses instead of $2,000 provides crucial protection against rule violations.

Calculate Maximum Position Size

Size positions so your maximum risk per trade cannot exceed 1-1.5% of account equity. With Quant Tekel's 4% daily limit, you can handle 2-3 losing trades before approaching the threshold. On a $100,000 account, limiting individual trade risk to $1,000-$1,500 prevents single large losses from consuming your entire daily allowance.

Enable Real-Time Equity Alerts

Set up alerts when your account equity drops 2.5% and 3.5% from the daily starting balance. These warnings provide time to close positions or reduce risk before hitting Quant Tekel's 4% limit. Most trading platforms allow equity-based notifications that trigger before you reach the violation threshold.

Avoid High-Impact News Trading

Close or reduce positions 30 minutes before major economic releases like NFP, CPI, or FOMC announcements. News events can cause 100-200 pip moves instantly, easily triggering the 4% daily loss limit. Given Quant Tekel's news trading restrictions, avoiding these periods protects both your daily loss allowance and compliance with their news policy.

Related Rules

Maximum Total Loss

10%

→

Profit Target (Phase 1)

→

Profit Target (Phase 2)

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Frequently Asked Questions

Disclaimer: This guide is for informational purposes only and does not constitute financial advice. Prop firm rules change regularly — always verify current terms on Quant Tekel's official website before purchasing a challenge. Updated 2026-03-08.