A conflict has arisen between trading account funder QT Funded and a trader using the handle Nitroxenon Capital (on X), centred on a payout rejection due to an alleged breach of the prop firm's “news-trading” rule.

What the trader says

Nitroxenon Capital posted:

What QT Funded says

QT Funded responded:

The community's view

A community member on X observed:

Why this matters

  • QT Funded’s rule emphasises that if a “speech is labelled red on Forex Factory”, traders must cease from the event’s end and wait an additional 5 minutes before resuming trading.

  • The timing of when the “event” ends is therefore critical. The trader argues that her trading fell outside the prohibited window under her interpretation, while the firm asserts otherwise under theirs.

  • For traders trading with prop firms that has news trading restrictions, the precise timing (and time zone) of such news events matters enormously because it affects eligibility for payouts.

Summary

In plain terms:

  • The trader says: “I opened/closed my trades outside your restricted window, so you should not reject my payout.”

  • QT Funded says: “Our risk-department found your trades were within the restricted window tied to the event. Therefore your payout is rejected under our policy.”

  • The ambiguity centres on which timestamp defines the “end of event” for the purposes of the rule, whether it is the live speech start/finish, the embargo news release, or the timestamp used by the calendar source.

What happens next

For the trader: They may request QT Funded provide:

  • The exact timestamp (with time zone) QT Funded used to define the end of the event.

  • Evidence of when the trader’s flagged trades were opened/closed, with timestamps.

  • Clarification of which source triggered the red-folder label (e.g., Forex Factory event timestamp, wire-service release).

For prop firms: It may be wise to ensure rules define clearly: time zones used, what constitutes event start/end, and how wire releases vs live speech times are treated.