AscendX Capital is now QuantTekel !!!

In a recent tweet from QuantTekel (Formerly known as AscendX Capital), the well-known Forex Prop Firm, AscendX Capital, announced they have changed their name to QuantTekel. Operating since November 2023, AscendX had been hinting at upgrades on brokerage level for the past couple of months, and they’ve now transitioned into a full-fledged broker who is also offering Prop Firm services. In this article, we’ll look at the major changes QuantTekel has shared.

Changes on AscendX Capital Website:

One of the first major changes is the website. The AscendX Capital website has been completely revamped and rebranded as QuantTekel. Traders can now find both brokerage services and Prop Firm services on the site.

Addition of 1-Step and 3-Step Challenges:

QuantTekel has introduced a One-Step Challenge and a Three-Step Challenge in addition to their usual Two-Step Challenge. The One-Step Challenge is ideal for traders looking to complete the challenge faster, while the Three-Step Challenge is designed for those who prefer a more consistent approach to growth.

Migration to New Platforms:

QuantTekel has assured traders in the challenge and funded phases that their migration to the new platforms will be handled safely, though the exact timing for this has not been announced yet.

Wider Variety of Trading Platforms:

Previously, AscendX only offered MetaTrader 5 and cTrader. Now, with QuantTekel’s transition to brokerage services, traders can choose between two additional platforms: DXTrade and TradeLocker. So, the available platforms now include MetaTrader 5, cTrader, DXTrade, and TradeLocker.

Monthly Trading Competition:

QuantTekel will now host free monthly trading competitions where traders can win rewards and even free accounts based on their ranking.

Improved In-House Tech:

QuantTekel has enhanced its in-house technology for a better trading experience. This upgrade allows traders to monitor their trades more efficiently and analyze their performance with greater ease.

Conclusion:

From its early days, AscendX Capital has continuously improved with every update. QuantTekel seems like the next step in their growth. There are plenty of new features coming, and they’ve even hinted at a Loyalty and Reward Scheme, though details are still to come. As more information is released, traders will learn more about these exciting updates.