Quant Tekel
The Future of Trading
Quant Tekel, operating its prop arm as QT Funded, is a UK-registered (Quant Tekel Ltd, Canary Wharf, London) forex/CFD firm offering simulated funded accounts up to $300,000 (multi-account scaling) with profit splits up to 90%. It markets some of the lowest profit targets in the space (from 7%) and a distinctive QT Capital Programme that can turn top performers into salaried traders. Its current lineup covers QT 2 Step, QT 2 Step Elite, QT Instant, QT 1 Step (pay-when-funded) and QT Power, on MT5, cTrader and TradeLocker. A Performance Protection Promise offers up to 10% of profits or a refund on a first breach. Reputation is split: a high Trustpilot volume rating (~4.4/5) sits against recurring complaints about denied payouts and rules discovered after the fact. The firm previously operated as Ascendx Capital.
- Among the lowest profit targets in the industry (from 7%)
- QT Capital Programme offers a rare salaried trading career path with daily payouts
- Flexible payout cycles (7/14/30 days) with a low $110 minimum withdrawal
- Performance Protection Promise can refund or pay 10% of profits on a first breach
- Multi-platform support (MT5, cTrader, TradeLocker) and no time limit on evaluations
- Recurring Trustpilot complaints about denied payouts after profits and rules cited after the fact
- Static max drawdown from original balance does not trail upward, shrinking buffer as accounts grow
- Some rules (e.g. weekend crypto restrictions) reported as not clearly documented before purchase
- EAs require a paid add-on and pre-approval; HFT and several strategies are banned
- All trading is simulated; firm previously operated under the name Ascendx Capital
Platforms
Markets You Can Trade
Leverage
CFD leverage on MT5/cTrader/TradeLocker; swap-free option available for 10% of plan price
Paying In & Getting Paid
Common Questions
Is Quant Tekel a legit prop firm?
Quant Tekel was founded in 2023 and is headquartered in the UK. It holds a Trustpilot score of 4.4/5. See its rules, payout terms and verified details above.
What is the profit split at Quant Tekel?
Quant Tekel offers 80% base, up to 90% (10% split add-on free during current promo) to funded traders.
How fast does Quant Tekel pay out?
Payouts run Bi-weekly. Flexible: 7-day, 14-day or 30-day cycles
What platforms does Quant Tekel support?
You can trade on MetaTrader 5, cTrader, TradeLocker.
What account sizes does Quant Tekel offer?
Account sizes range across $2.5K–$200K.
Is Quant Tekel available in my country?
Quant Tekel is available in most countries but restricts traders from: Cyprus, Iran, North Korea, Sudan, Syria, Russia. Confirm your eligibility on the firm's site.