Hello Traders,
We have some significant news to share with you today.
Funded by Earnex's proprietary trading business has been acquired by Quant Tekel, one of the fastest-growing prop firms in the industry. Your account, your progress, and your trading journey are all transferring with you.
Why This is Happening
We've always been committed to giving our traders the best possible environment to succeed. When the opportunity arose to bring our community onto QT's infrastructure - with their tighter spreads, faster payouts, and proven track record - we knew it was the right move.
QT has paid out over $12 million to funded traders. They've built a community of 85,000+ traders across 180+ countries. And now, you're part of it.
What This Means for You
- Your account isn't disappearing. It's upgrading.
- Your account size transfers directly
- Your evaluation rules stay the same
- Your profit remain intact
- You gain access to QT's improved trading conditions
- You join a larger, more established trading community
- You benefit from faster payout processing
Nothing you've worked for is lost. You're simply moving to a bigger platform with better infrastructure.
What You Need to Do
Close any open positions by Friday 5 December 2025.
This is essential to ensure your account migrates smoothly over the weekend. By Monday, you'll be able to log in to your new QT dashboard and continue trading.
Timeline
Now – Friday 5 December 2025: Close all open positions
Weekend: Account migration takes place
Monday 8 December 2025: Log in to QT with your migrated account
You'll receive your new login details and access instructions before Monday.
We're Here for You
We know this is unexpected. Change always is.
But we wouldn't be doing this if we didn't genuinely believe it's the best thing for your trading future. QT's infrastructure, support, and conditions are a step up - and you deserve that.
For any questions during the transition, QT's support team is ready to help:
Discord: https://t.co/yY1lo9i0Dx
Website: https://t.co/97C3TFJLFD
Thank you for being part of the Funded by Earnex community. We're proud of what we built together, and we're confident you're in excellent hands moving forward.
This isn't goodbye. It's your next chapter.
All the best,
The Funded by Earnex Team
P.S. QT's team will be reaching out with everything you need for a smooth transition. Keep an eye on your inbox over the coming days.
Hi Santosh,
The screenshots you shared show that Support explained two key points:
You are permitted to enter a trade after a loss, which is acceptable.
However, you were also advised not to open multiple consecutive trades in the same direction following multiple losses.
Unfortunately, this guidance was not followed. Opening several trades in the same direction after consecutive losses is the reason the breach occurred. Had this advice been followed, limiting trades to one or two, this issue could likely have been avoided.
As such, the trading approach used is not in compliance with OSB trading rules, and the final breach decision remains in place.
Kind regards,
Hi Santosh,
The screenshots you shared show that Support explained two key points:
You are permitted to enter a trade after a loss, which is acceptable.
However, you were also advised not to open multiple consecutive trades in the same direction following multiple losses.
Unfortunately, this guidance was not followed. Opening several trades in the same direction after consecutive losses is the reason the breach occurred. Had this advice been followed, limiting trades to one or two, this issue could likely have been avoided.
As such, the trading approach used is not in compliance with OSB trading rules, and the final breach decision remains in place.
Kind regards,
Hi Santosh,
The screenshots you shared show that Support explained two key points:
You are permitted to enter a trade after a loss, which is acceptable.
However, you were also advised not to open multiple consecutive trades in the same direction following multiple losses.
Unfortunately, this guidance was not followed. Opening several trades in the same direction after consecutive losses is the reason the breach occurred. Had this advice been followed, limiting trades to one or two, this issue could likely have been avoided.
As such, the trading approach used is not in compliance with OSB trading rules, and the final breach decision remains in place.
Kind regards,
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We’ve reviewed the trading activity on Account 2101561406 and found a clear breach of our Gambling Rule, which is designed to protect traders from excessive risk and preserve capital.
Specifically, our rules state:
Exposing more than 50% of your allowed daily drawdown on open positions is considered excessive.
No single trade idea may risk more than 50% of the allowed drawdown.
A trade idea is defined as trades placed in the same direction on the same instrument within a 15-minute window. Re-entering after a loss does not reset this limit—it’s still considered the same trade idea.
In this case, the trader opened a 0.7 lot XAUUSD buy, took a loss, and then—just over a minute later—opened another 0.7 lot XAUUSD buy. The combined exposure of these trades far exceeded the allowed limit for a single trade idea.
This type of behaviour, sometimes referred to as “one-side betting,” is exactly what our Gambling Rule is meant to prevent. Because the rule was breached, the payout request associated with this account could not be approved.
We encourage all traders to respect position-sizing limits, manage risk responsibly, and remember that protecting your capital is not optional—it’s mandatory.
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📅 RED FOLDER NEWS: Nov 17-21
Key events this week:
🇨🇦 Monday: Canada CPI data
🇦🇺🇬🇧🇺🇸 Wednesday: Wage Price Index, UK CPI, FOMC Minutes
🇺🇸 Thursday: Employment data (high impact)
🇬🇧🇪🇺🇺🇸 Friday: Multiple Flash PMI releases
Plan your trades around major data drops.