Q: What is the Maximum Daily Loss?

1-Step Challenge/1-Step Prime Challenge/ Instant Funding: The maximum allowable daily loss is 3% and it is calculated strictly based on equity. Each day at 12:00am CEST, we assess your account equity at that exact moment. The daily loss limit for the next trading day is then calculated as 3% of that equity value. Your equity must not fall below that calculated threshold at any time during the following trading day. Example 1: Consider a $100,000 account. At 12:00am CEST, you have an open trade with a floating profit of $2,000, which means your equity is $102,000. The daily loss limit is 3% of $102,000, which equals $3,060. Therefore, during the next trading day, your equity must not fall below $98,940. Example 2: On the same $100,000 account, if at 12:00am CEST you have an open trade showing a floating loss of $2,000, your equity is $98,000. The daily loss is calculated as 3% of $98,000, which equals $2,940. This means that for the next trading day, your equity must not fall below $95,060. Example 3: If there are no open trades at 12:00am CEST and your balance is $100,000, your equity is also $100,000. The daily drawdown will therefore be 3% of $100,000, which equals $3,000. Your equity must not fall below $97,000 during the next trading day. 2-Step Challenge: The maximum allowable daily loss is 5% and it is also calculated strictly based on equity. Each day at 12:00am CEST, we record your account equity. The daily loss limit for the following trading day is calcu

Question 1

How do I become a funded Quantum Trader?

Accepted Answer

To become a funded Quantum Trader, traders must first successfully complete our Evaluation process. Begin by selecting your preferred account size and registering for the Evaluation. Once you have completed the Evaluation, you will be eligible to become a funded Quantum Trader. Alternatively traders can choose the Instant Funding option at Quantum where you receive a funded account right away without the requirement of passing a challenge first.

Question 2

Am I trading with real or virtual money?

Accepted Answer

Traders with Quantum Funding are trading with virtual money, not real money. However, all trading takes place under real market conditions. All trading accounts provided by Quantum Funding are demo accounts with virtual money.

Question 3

Can I use copy-trading?

Accepted Answer

At Quantum Funding, copy trading is allowed under specific conditions. It is permissible to copy trades between Quantum Funding trading accounts, evaluation firms, or retail brokerage accounts, provided that all the accounts involved are owned by the same individual. This means you can freely copy trades between any and all accounts that you personally own, ensuring that all trading activities are contained within your personal portfolio.

However, copy trading between accounts not owned by the same individual is strictly prohibited. This includes accounts belonging to relatives, family members, or friends. Additionally, using Signal Trading, which involves executing trades based on signals from community groups, is also not allowed. These restrictions are in place to maintain the integrity and independence of each trader’s activities.

Unauthorized activities such as copy trading between accounts not owned by the same person, managing accounts on behalf of others, or offering services to help others pass Challenges are strictly forbidden. Quantum Funding requires all traders to operate independently, without relying on external sources or collaborations.

Any breach of these guidelines will result in an immediate breach of the trading account and direct termination from the Quantum Funding platform.

Question 4

Who is eligible to join Quantum Funding?

Accepted Answer

To join Quantum Funding, you must be at least 18 years old. Unfortunately, due to regulatory restrictions, we cannot provide services to traders residing in the United States of America.

Question 5

What is the Maximum Daily Loss?

Accepted Answer

1-Step Challenge/1-Step Prime Challenge/ Instant Funding: The maximum allowable daily loss is 3% and it is calculated strictly based on equity. Each day at 12:00am CEST, we assess your account equity at that exact moment. The daily loss limit for the next trading day is then calculated as 3% of that equity value. Your equity must not fall below that calculated threshold at any time during the following trading day.

Example 1: Consider a $100,000 account. At 12:00am CEST, you have an open trade with a floating profit of $2,000, which means your equity is $102,000. The daily loss limit is 3% of $102,000, which equals $3,060. Therefore, during the next trading day, your equity must not fall below $98,940.

Example 2: On the same $100,000 account, if at 12:00am CEST you have an open trade showing a floating loss of $2,000, your equity is $98,000. The daily loss is calculated as 3% of $98,000, which equals $2,940. This means that for the next trading day, your equity must not fall below $95,060.

Example 3: If there are no open trades at 12:00am CEST and your balance is $100,000, your equity is also $100,000. The daily drawdown will therefore be 3% of $100,000, which equals $3,000. Your equity must not fall below $97,000 during the next trading day.

2-Step Challenge: The maximum allowable daily loss is 5% and it is also calculated strictly based on equity. Each day at 12:00am CEST, we record your account equity. The daily loss limit for the following trading day is calcu

Question 6

Are Stop Losses mandatory?

Accepted Answer

The use of a Stop Loss is optional. Traders are not required to set one. However, it is highly recommended to use a Stop Loss to help manage risk effectively.

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