Quant Tekel prop firm offers traders the possibility to trade with up to 200k USD in virtual funding and receive up to a 90% profit split. The firm allows up to 2 million dollars in a virtual scaling plan. However, the website of Quant Tekel lacks order, and traders have to search for important information all over the place. The firm only offers two funded options of 10k and 200k.
In today’s Quant Tekel review, we will assess the firm’s most important features, including safety, rules, assets, platforms, fees, support, and more.
Pros & cons of Quant Tekel prop firm
Pros
- Access to advanced platforms like MT5 and DXTrade
- Up to 90% profit sharing
- Offers diverse funded accounts like 1-step, 2-step, and 3-step
- Provides access to webinars, events, and a blog with trading insights
- Requires a lower profit split (80%) to activate scaling
Cons
- Lack of FPA reviews, no regulated brokers, and high 1-star ratings on Trustpilot
- Only offers Forex, commodities, and indices; lacks popular assets like cryptocurrencies
- The 1-step challenge has strict limits, including high-profit targets and daily loss limits at 3%
- No live chat support
Safety of Quant Tekel – 0
Quant Tekel reviews are lacking on the FPA, indicating red flags. The firm was recently launched in 2024 making it a very inexperienced firm. On Trustpilot, Quant Tekel has around 11% 1-star evaluations, which is a red flag that can not be underestimated. The firm is not backed by regulated brokers and all its accounts are virtual funded accounts, adding to the list of red flags in the safety section.
The firm gets a 0 score in this section, for lacking security features, which are crucial for creating a transparent and safe prop trading environment.
Quant Tekel Funding and maximum capital allocation – 3
Quant Tekel funded programs include three different types of challenges, 1-step, 2-step, and 3-step programs. All three accounts offer the same list of funding options, including 10k, 25k, 50k, 100k, and 200k USD. The diversity of options is always good, but the website requires the trader to click several times to see the fully funded options list, which is frustrating.
Quant Tekel funding options do not include lower amounts below 10k, which makes the firm not beginner-friendly. There are also no higher funded options above 200k, which makes it not very suitable for experienced traders either.
Quant Tekel challenges require traders to hit profit targets and payouts are happening every 14 days, which is a bit long.
Quant Tekel scaling plan is available for traders during payout and requires a 10% profit target of the original account balance. For example, if a trader wants to scale a 100k account, they have to make at least 10k in profits.
Overall, Quant Tekel gets a 3 score in this section for offering a somewhat attractive funding experience but lacking diversity in funding options.
Quant Tekel Assets – 1.5
Quant Tekel prop trading assets are limited in diversity and only include Forex pairs, commodities, and indices. There are no other assets like crypto, futures, or stocks which is a big downside for the firm. Spreads are standard and there are no 0 pips accounts.
Overall, the firm gets a 1.5 score in the assets section for lacking many popular asset classes, including cryptos.
Quant Tekel Trading rules and limitations – 1.2
Quant Tekel rules differ for each funded challenge type, and we will list them here to compare each account better. These rules seem somewhat acceptable only for 3-step and 2-step accounts, while 1-step accounts have very strict rules to follow, making it difficult to make a profit and get funded.
Quant Tekel 1-step challenge has the following rules:
- Profit target – 10%
- Daily pause – 2%
- Daily risk limit – 3%
- Maximum drawdown – 6%
- Profit share – Up to 90%
- Payout cycle – 14 days
Quant Tekel 2-step challenge requires the following rules:
- Profit target – 7% (phase 1), 5% (phase 2)
- Daily pause – None
- Daily risk limit – 4%
- Maximum drawdown – 10%
- Profit share – Up to 90%
- Payout cycle – 14 days
Quant Tekel 3-step accounts have the following requirements:
- Profit target – 6% (all three phases)
- Daily pause – None
- Daily risk limit – 4%
- Maximum drawdown – 8%
- Profit share – Up to 90%
- Payout cycle – 14 days
The firm requires traders to contact support and request swing accounts to hold positions overnight and over weekends, otherwise, it is not allowed.
For offering mediocre trading requirements, the firm gets a 1.2 score in this section.
Quant Tekel Fees – 2.5
The pricing by Quant Tekel seems competitive, and we would definitely recommend them if there were no such red flags with security and strict rules on some accounts. Let’s compare pricing for each funding option in all account types to see clearly.
Quant Tekel 1-step challenge has the following one-time fees:
- Funded amount: 10k USD – One-time fee: 70 USD
- 25k USD – 149 USD
- 50k USD – 212.5 USD
- 100k USD – 360 USD
- 200k USD – 670.5 USD
Quant Tekel 2-step challenge requires the following one-time fees:
- Funded amount: 10k USD – One-time fee: 59.5 USD
- 25k USD – 140 USD
- 50k USD – 200 USD
- 100k USD – 350 USD
- 200k USD – 600 USD
Quant Tekel 3-step accounts have the following one-time pricing:
- Funded amount: 10k USD – One-time fee: 50.50 USD
- 25k USD – 113 USD
- 50k USD – 172.50 USD
- 100k USD – 282 USD
- 200k USD – 497.50 USD
As we can see, the pricing is competitive with the firm, with ongoing discounts. Without discounts, the pricing is expensive, starting at 140 dollars for a 10k 1-step challenge.
Quant Tekel free trial is available and traders have an opportunity to test the trading conditions before applying for the actual challenge.
Quant Tekel free repeat is not active at the moment and traders have to purchase the challenge again to start over in case they fail.
Overall, the firm gets a 2.5 score in this section.
Quant Tekel Platforms – 4
Quant Tekel offers two popular platforms including MetaTrader 5 and DXTrade. MT5 is an advanced trading software and DXTrade was designed for prop trading. Mobile trading is available, and MT5 allows for custom indicators and automated trading capabilities.
Overall, the firm gets a 4 score in this section.
Quant Tekel Profit-Sharing – 3
Quant Tekel profit split is up to 90% and traders have to select an 80% profit split if they want to activate a scaling plan, which is a serious downside. Withdrawals are free of charge and payouts are given every 14 days or two weeks. There is no possibility to make faster withdrawals which is a downside. Processing takes 1-2 business days, which is average, and the firm gets a 3 score in this section.
Education and trading tools at Quant Tekel – 3
When it comes to education, the firm offers some paid staff for learning. There is a blog where traders can get analysis and news updates. There are also webinars, events, and workshops offered sometimes. Traders can join webinars and live events, which is always useful to get new insights and knowledge about trading. Educational resources require registration of an account, which is a slight inconvenience.
Overall, the educational experience is very good by Quant Tekel, and the firm gets a 3 score in this section.
Customer Support at Quant Tekel – 1.2
Support is critical in prop trading, and Quant Tekel falls short in this section, unfortunately. There is no live chat built inside the firm’s website and traders have to use Discord chat, which is not as fast or comfortable as a live chat. There is also an email support option available and traders can also use this email support using the online form. The website and support are only available in the English language, which is also a downside.
Overall, the firm gets a 1.2 score in this section for offering a frustrating support experience.
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