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CFDSaint Vincent and the Grenadines
Quant Tekel (Ascendx) Prop Firm Review
Explore available platforms, evaluation programs and payout rules.
Visit official website- Score
- 7.7/10
- Safety grade
- A
- Founded
- Oct 2023
- Direct funding
- Not available
Profit split70% to 100% (varies by plan: QT Two 80%, QT One 70%, QT Instant 100%)
Payouts14 Days (2 Step / 2 Step Elite), Bi-weekly (Pay When Funded 1 Step), On-Demand (Power)
Programs & evaluation21
Choose from a range of evaluation programs with flexible profit splits and trading conditions.
Account size
QT Two
2 steps$10K- Profit target
- $800 (8%)
- Daily loss limit
- 4%
- Maximum drawdown
- $800 (8%)
- Profit split
- 80%
QT One
1 step$10K- Profit target
- $600 (6%)
- Daily loss limit
- 3%
- Maximum drawdown
- 6% trailing
- Profit split
- 70%
- Drawdown model
- intraday_trailing
QT Instant
Instant funding$10K- Daily loss limit
- 3% fixed
- Maximum drawdown
- $600 (6% trailing)
- Profit split
- 100%
- Drawdown model
- intraday_trailing
QT Two
2 steps$5K- Profit target
- $400 (8%)
- Daily loss limit
- 4%
- Maximum drawdown
- $400 (8%)
- Profit split
- 80%
QT One
1 step$5K- Profit target
- $300 (6%)
- Daily loss limit
- 3%
- Maximum drawdown
- 6% trailing
- Profit split
- 70%
- Drawdown model
- intraday_trailing
QT Instant
Instant funding$5K- Daily loss limit
- 3% fixed
- Maximum drawdown
- $300 (6% trailing)
- Profit split
- 100%
- Drawdown model
- intraday_trailing
QT Two
2 steps$25K- Profit target
- 8%
- Daily loss limit
- 4%
- Maximum drawdown
- 8%
- Profit split
- 80%
QT One
1 step$25K- Profit target
- 6%
- Daily loss limit
- 3%
- Maximum drawdown
- 6% trailing
- Profit split
- 70%
- Drawdown model
- intraday_trailing
QT Instant
Instant funding$25K- Daily loss limit
- 3% fixed
- Maximum drawdown
- 6% trailing
- Profit split
- 100%
- Drawdown model
- intraday_trailing
QT Two
2 steps$50K- Profit target
- 8%
- Daily loss limit
- 4%
- Maximum drawdown
- 8%
- Profit split
- 80%
QT One
1 step$50K- Profit target
- 6%
- Daily loss limit
- 3%
- Maximum drawdown
- 6% trailing
- Profit split
- 70%
- Drawdown model
- intraday_trailing
QT Instant
Instant funding$50K- Daily loss limit
- 3% fixed
- Maximum drawdown
- 6% trailing
- Profit split
- 100%
- Drawdown model
- intraday_trailing
QT Two
2 steps$100K- Profit target
- $8,000 (8%)
- Daily loss limit
- 4%
- Maximum drawdown
- $8,000 (8%)
- Profit split
- 80%
QT One
1 step$100K- Profit target
- $6,000 (6%)
- Daily loss limit
- 3%
- Maximum drawdown
- 6% trailing
- Profit split
- 70%
- Drawdown model
- intraday_trailing
QT Instant
Instant funding$100K- Daily loss limit
- 3% fixed
- Maximum drawdown
- $6,000 (6% trailing)
- Profit split
- 100%
- Drawdown model
- intraday_trailing
QT Two
2 steps$200K- Profit target
- $16,000 (8%)
- Daily loss limit
- 4%
- Maximum drawdown
- $16,000 (8%)
- Profit split
- 80%
QT Power
2 steps$10K- Profit target
- 6%
- Daily loss limit
- 4% fixed
- Maximum drawdown
- 8%
- Profit split
- 80%
QT Power
2 steps$5K- Profit target
- 6%
- Daily loss limit
- 4% fixed
- Maximum drawdown
- 8%
- Profit split
- 80%
QT Power
2 steps$25K- Profit target
- 6%
- Daily loss limit
- 4% fixed
- Maximum drawdown
- 8%
- Profit split
- 80%
QT Power
2 steps$50K- Profit target
- 6%
- Daily loss limit
- 4% fixed
- Maximum drawdown
- 8%
- Profit split
- 80%
QT Power
2 steps$100K- Profit target
- 6%
- Daily loss limit
- 4% fixed
- Maximum drawdown
- 8%
- Profit split
- 80%
Promo codes
No promo codes published for this firm yet.
Platforms
MetaTrader 5 (MT5)TradeLocker
Company overview
Quant Tekel (QT Funded) offers simulated-capital evaluation plans: QT One (1 step), QT Two (2 steps), QT Instant (no evaluation), QT Power (2 steps) and Buy Now Pay Later (1 step with an activation fee). Account sizes run from $5K to $200K. Platforms: MT5, cTrader, TradeLocker. Trading commission is $4 per round lot ($2 to open, $2 to close). The maximum total capital across all funded accounts is $300,000. The terms are issued by Quant Tekel LLC Limited, registered in St. Vincent & the Grenadines, which states that all accounts it offers are demo accounts with simulated funds. The same brand also names a separate brokerage, Quant Tekel (Pty) Ltd, which states that it is authorised by the Financial Sector Conduct Authority of South Africa (FSP No. 53227) and serves clients in Africa and Asia only; that authorisation is stated for the brokerage, not for the simulated funded program.
Payouts & rules
- Payouts
- 14 Days (2 Step / 2 Step Elite), Bi-weekly (Pay When Funded 1 Step), On-Demand (Power)
- Payout frequency note
- Payout cycle by plan as printed on the QT Funded evaluations page cards: QT One 4 days, QT Two 14 days, QT Instant 4 days, QT Power 14 days, Buy Now Pay Later 14 days. The QT Instant help article states a 14-day trading cycle instead.
Trading rules
No published trading rules.
What stands out
Published advantages and trade-offs to review before choosing a program.
Key benefits
Profit split of 70% on QT One, 80% on QT Two and 100% on QT Instant No consistency score on QT One and QT Two 4 day payout cycle on QT One QT Instant has no evaluation Account sizes from $5K to $200K
Things to consider
Reports of sometimes slow support
Bring the decision into focus
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