QT Funded is the new face of the prop trading firm formerly known as Quant Tekel. After undergoing a strategic rebrand in early 2025, backed by its parent company Quant Tekel, a progressive multi-asset brokerage, QT Funded prop firm continues to serve the same mission: to empower traders with institutional-grade funding, minimal trading restrictions and a generous profit split. Designed for both beginners and seasoned professionals, QT Funded offers a range of challenge models, with capital access up to $400,000, bi-weekly payouts and up to 80% profit split - making it a promising option in today’s competitive prop trading space.

Company Information

Company Name: QT Funded (formerly known as Quant Tekel)
Company Legal Name: QUANT TEKEL Pty Ltd
Company Registration No.: 2021/321922/07
Operating Since: 2021
CEO Name: Tanswell Sassman
Registered Country: South Africa
Address: 60 Noll Avenue, Gatesville, Cape Town, Western Cape, 7764, South Africa

Challenge Details

QT Funded offers four types of challenges: QT PRIME 2-Step, QT PRIME 3-Step, QT INSTANT, and QT Power 2-Step. Each challenge type comes with different risk rules and profit targets. Here are the details:

QT PRIME Challenges by QT Funded

In QT PRIME program, there are 2-Step and 3-Step Challenges.

QT PRIME 2 Step Challenge

Pricing:

$5,000 Account Fee: $50
$10,000 Account Fee: $80
$25,000 Account Fee: $180
$50,000 Account Fee: $300
$100,000 Account Fee: $590
$200,000 Account Fee: $1,100

Rules:

Profit Target (Phase 1): 8%
Profit Target (Phase 2): 5%
Max Total Drawdown: 6%
Max Daily Drawdown: 3%
Profit Share: 80%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: Forex - 1:30, Metals & Indices - 1:15, Crypto - 1:1
Max Lot Size: Not mentioned
Payout Frequency: 14 Days
Allows Copy Trading: No
Minimum Trading Days: 4 Days

QT PRIME 3 Step Challenge

Pricing:

$5,000 Account Fee: $40
$10,000 Account Fee: $60
$25,000 Account Fee: $132
$50,000 Account Fee: $200
$100,000 Account Fee: $400
$200,000 Account Fee: $680

Rules:

Profit Target (Phase 1): 6%
Profit Target (Phase 2): 6%
Profit Target (Phase 3): 6%
Total Loss: 10%
Daily Loss: 4%
Profit Share: 80%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: Forex - 1:30, Metals & Indices - 1:15, Crypto - 1:1
Max Lot Size: Not mentioned
Payout Frequency: 14 days
Allows Copy Trading: No
Minimum Trading Days: 4 Days

QT POWER 2 Step Challenge

In QT PRIME program, there is a 2 Step challenge by QT Funded. Here are the details:

Pricing:

$5,000 Account Fee: $26
$10,000 Account Fee: $52
$25,000 Account Fee: $105
$50,000 Account Fee: $210
$100,000 Account Fee: $400

Rules:

Profit Target (Phase 1): 6%
Profit Target (Phase 2): 6%
Total Loss: 8%
Daily Loss: 3%
Profit Share: 80%, up to 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: Forex - 1:30, Metals & Indices - 1:15, Crypto - 1:1
Max Lot Size: Not mentioned
Payout Frequency: 14 days
Allows Copy Trading: No
Minimum Trading Days: 4 Days

QT INSTANT

QT INSTANT is an instant funding model by QT Funded prop firm. Here, you can start trading right away once you purchase the account. You only need to achieve 5% profit of your account size, and then you can request a withdrawal.

Pricing:

$1,250 Account Fee: $26
$2,500 Account Fee: $52
$5,000 Account Fee: $84
$10,000 Account Fee: $132
$25,000 Account Fee: $250
$50,000 Account Fee: $460

Rules:

Minimum Profit Target for Withdrawal: 5%
Total Loss: 6%
Daily Loss: 3%
Profit Share: 80%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: Forex - 1:30, Metals & Indices - 1:15, Crypto - 1:1
Max Lot Size: Not mentioned
Payout Frequency: 14 days
Allows Copy Trading: No
Minimum Trading Days: 4 Days

Scaling Plan

QT Funded offers a really attractive scaling plan. In the checkout page, if a trader selects 80% profit share option, the trader will be able to scale their account.

Eligibility Criteria:- To be Eligible, Trader must have to make 10% profit in their funded account.

Benefits:- Trader's account can grow up to $2,000,000.

Spreads and News Trading Rules

Spreads:

QT Funded aims to offer the lowest spreads in the industry with lightning-fast execution. Traders can expect highly competitive spreads on all major asset classes including Forex, metals, indices, and crypto.

News Trading Rules:

Trade Timing: No trades are allowed 5 minutes before or after a high economic news release.
Permissible Orders: Traders are allowed to hold their trades throughout their news event.
Prohibited Actions: No manual opening or closing of trades 5 minutes before or after a high-impact news event. Moving Stop Loss (SL) or Take Profit (TP) is also prohibited during this time.
Consequences:
- First Violation: Soft breach and removal of profit.
- Second Violation: Hard breach and account will be failed.

Other Important Rules

Daily Drawdown Calculation:

QT Funded calculates daily drawdown based on the balance or equity at the end of each day at at 20:59 UTC, the drawdown used here is balance based drawdown which means the drawdown limit only increases or decreases based on the balance of the account.

Countries Banned from Purchasing:

QT Funded restricts users from the following countries:

Iran
Iraq
North Korea
Russia
Pakistan

QT Funded has also restricted few countries to use MetaTrader 5 and cTrader platform, traders from these restricted countries can still trade with DXTrade:-

Russia (MetaTrader 5)
United States (MetaTrader 5 and cTrader)
Canada (MetaTrader 5)

Gambling Rules:

Maximum Risk: Traders cannot risk more than 3% of their account balance at any given time.
All-or-Nothing Approach: Traders are prohibited from engaging in gambling-like behavior or "all-in" trades. Breaching these rules can result in immediate account closure.

Prohibited Trading Strategies:

QT Funded does not allow traders to use any of these strategies listed below:

Arbitrage Trading
Latency trading
Front-running price feeds
Exploiting mispricing
High-frequency trading
Tick scalping
Reverse trading or hedging
group hedging
Account management services

Payout Methods

QT Funded offers 2 main payout methods:-

Rise
Crypto

The minimum payout amount is $110.

Trading Commissions

All instruments incur a trading commission of:

$2 per lot
$4 per round lot

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QT Funded (Quant Tekel)

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