Prop Firm Pick

Quant Tekel Discount Code

Quant Tekel offers a strong combination of broker-regulated infrastructure, wide instrument access, flexible trading rules, and high profit splits—making it an attractive option for traders of all styles.

Country
South Africa
Review
Year Created
2023
CEO
Tanswell Sassman

Firm Overview

Broker:
Platforms:
cTrader
MT5
TradeLocker

Consistency Rules

QT Power: Both Challenge and Funded Accounts must maintain a 35% consistency score. QT Instant: No single trading day’s profit can exceed 25% of total profits at withdrawal time.

Firm Rules

Expert Advisors (EA) & Trade Copiers

  • Pre-Approval for EA** Before using EAs, they must go through a pre-approval process.
  • Trade Copiers: Web-based and software trade copiers are permitted upon requesting approval. However, if the trader's account is flagged for any reason, the firm may request additional information about the master account and the trade copier.

No Group Trading

  • If multiple traders are detected using the same EA and placing identical trades, the account will be flagged for violating "No Group Trading"" rules, which may lead to account closure."

News Trading

  • QT Power and Prime: Allowed without a restriction during Evaluation, and with restrictions of 5 minutes before or after a high economic news release only once Funded on QT Prime & QT Instant.

Gambling Rule

  • The maximum risk per trade or overall open positions is 2.5%. (Hard Breach) for QT Prime

Consistency Rule

  • Both Challenge and Funded Accounts must maintain a 35% consistency score for "QT Power"
  • Funded accounts must achieve a minimum profit of 0.5% on at least two separate days within a trading cycle.

Minimum Trading days

  • 4 Days

QT-Prime Plan: 2-Steps & 3-Steps

  • Minimum Days: 4 trading days per each phase
  • Max Risk per Trade: 1.5% "EQUITY PROTECTOR"
  • Gambling rule Funded stage only: Max risk of 2.5%

QT Instant

  • Maximum Drawdown: Trailing 6% from the highest recorded balance or floating equity.
  • Consistency Rule: No single trading day’s profit can exceed 25% of total profits at withdrawal time.
  • Stop Loss Rule: A stop loss must be placed within 60 seconds of opening a trade.
  • Layering Rule: Traders cannot have three or more open positions on the same asset at the same time.
  • Total Profit Required Before First Withdrawal: 8% (3% Safety Buffer + 5% Minimum Withdrawal).

Prohibited trading strategies

  • Exploiting unrealistic prices: Arbitrage, Latency trading, Front-running, Mispricing
  • High-frequency trading, Reverse trading/group hedging
  • No account management services allowed. All trades must be conducted by the account holder. Review and approval are required for expert advisors.

Inactivity rule

  • If no trading activity occurs for 30 consecutive days, the account will be breached and deleted and cannot be reinstated.

Payout Policy

Payout Policy

  • QT Instant & Prime: Traders are eligible for an 80% profit split on their account every 14 days.
  • QT Power: Payout on demand is now standard for all accounts (minimum requirements and consistency score must be met).
  • Scaling Plan: 10% milestone scaling plan, including account and profit split increase and monthly salary.