When it comes to comparing prop firms, E8 Markets and Quant Tekel really stand out with their unique trading rules, profit splits, funding models, and the platforms they support.
Each firm appeals to traders with unique payout structures and account scaling opportunities, but the differences run deeper than surface features. Curious how their approaches to funding, risk, and trader incentives stack up?
Explore the details that could shape your trading journey with either E8 Markets vs Quant Tekel.
E8 Markets Vs Quant Tekel Quick Comparison
Feature | E8 Markets | Quant Tekel |
---|---|---|
CEO | Dylan Elchami | Tanswell Sassman |
Office Location | Dallas, Texas | Cape Town, South Africa, Western Cape |
Trustpilot | 4.2 | 4.4 |
Broker | Virtual Markets | Quant Tekel |
Platform | TradeLocker, cTrader, Match Trader, Platform 5 | TradeLocker, cTrader, DXTrade, MT5 |
Payment Methods | Crypto, Credit/Debit Card, Apple Pay, Nuvei, Google Pay | Crypto, UPI Payment, TAZAPAY, Credit/Debit Card, PayPal |
Payout Methods | Riseworks, Plane | PayPal, Crypto, Bank Wire Transfer |
Scaling Plan | ✅ | ✅ |
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Tradable Instruments Comparison: E8 Markets vs Quant Tekel
Both E8 Markets vs Quant Tekel provide traders access to financial markets primarily through Contracts for Difference (CFDs). However, the specific range of asset classes available differs slightly between the two firms. Understanding these differences is crucial for selecting a firm that aligns with your preferred markets.
E8 Markets
E8 Markets allows trading across several major asset classes. Traders can access:
The firm provides a selection focused on popular markets within these categories.
Quant Tekel
Quant Tekel offers a similar range but includes an additional asset class. The available instruments include:
Quant Tekel specifically mentions the availability of stocks, distinguishing its offering from E8 Markets which primarily lists Forex, Indices, Metals, Energies/Commodities, and Crypto. Quant Tekel also details various types of commodities and indices available through their platform.
Funding Program Options | E8 Markets vs Quant Tekel
When considering a proprietary trading firm, the structure and flexibility of its funding programs are central factors. Both E8 Markets vs Quant Tekel provide pathways for traders to access firm capital through evaluation processes, yet their approaches and specific offerings present distinct choices.
E8 Markets Evaluation Programs
E8 Markets centers its model around evaluation programs designed to test a trader's ability to manage risk and generate profit consistently. They offer several routes:
Quant Tekel Evaluations Programs
Quant Tekel positions itself as a prop trading firm also offering traditional brokerage services. Their funding approach involves structured evaluations:
Feature | E8 Markets | Quant Tekel |
---|---|---|
Evaluation Types | Single-phase, Multi-phase, Custom | 1-Step, 2-Step, 3-Step |
Evaluation Time Limit | Not explicitly stated as limitless | No Time Limit |
Initial Funding (Max) | $300,000+ (as per comparison source) | Up to $200,000 |
Max Profit Split | Up to 100% | Up to 90% (Standard) |
Scaling Potential | Yes, grow the account balance | Up to $2,000,000 (linked to 80% split) |
First Payout | After 8 days | After becoming funded (requests every 14 days) |
Firm Rules Comparison | E8 Markets vs Quant Tekel
Understanding the trading rules is essential for any trader aiming to succeed with a prop firm. Both E8 Markets vs Quant Tekel enforce strict guidelines to promote disciplined trading and manage risk, but their approaches and specific rules vary in several key areas.
Consistency and Profit Limits
Aspect | E8 Markets | Quant Tekel |
---|---|---|
Best Day Rule | No single day can exceed 40% of total profits | QT Instant: No single day’s profit can exceed 25% of total profits at withdrawal |
Consistency Score | Applies mainly on E8 Pro accounts; payout on demand with the best-day rule on others | Challenge and Funded accounts must maintain a 35% consistency score (QT Power) |
Minimum Trading Days | As low as 1 day on some accounts | Minimum 4 trading days per phase or evaluation |
Profit Target Before Withdrawal | No strict overall profit target for payout; payout-on-demand is available | QT Instant requires 8% total profit before the first withdrawal |
Risk Management and Position Limits
Aspect | E8 Markets | Quant Tekel |
---|---|---|
Max Position Size | 50 lots per order for FX & commodities; 100 lots for indices | No specific lot size limits are publicly detailed, but the max risk per trade is 1.5% (QT Prime) and 2.5% max overall risk (funded stage) |
Max Risk per Trade | Risking the entire balance on one trade is prohibited; E8 may limit risk to 1-2% per trade if needed | 1.5% max risk per trade in QT Prime; 2.5% max overall risk in funded accounts |
Daily Drawdown Limit | Not explicitly stated, but daily drawdown must keep net profit > 50% of drawdown | 3-4% daily drawdown limits depending on plan; exceeding results in breach |
Stop Loss Requirement | Not mandatory | Stop loss must be set within 60 seconds of the trade opening |
Trading Practices and Restrictions
Aspect | E8 Markets | Quant Tekel |
---|---|---|
Expert Advisors (EAs) | Allowed if unique per user; multiple users cannot use identical EAs | Allowed only after pre-approval; group trading with the same EA forbidden |
Copy Trading | Allowed between personal and evaluation accounts; prohibited between multiple evaluation accounts | Allowed with approval; the firm may request info on master accounts |
Hedging | Strictly prohibited across multiple accounts even if owned by the same trader | Not allowed; no group hedging or account management services |
News Trading | Allowed during evaluation; restricted around high-impact news in funded accounts | Allowed during evaluation; restricted 5 minutes before/after news in funded accounts |
Trade Duration | At least 50% of trades must be held longer than 1 minute | Layering rule: no more than 2 open positions on the same asset |
Inactivity and Account Management
Aspect | E8 Markets | Quant Tekel |
---|---|---|
Inactivity Period | Accounts disabled after 90 days without trading | Accounts deleted after 30 days without trading; no reinstatement |
Max Active Accounts | Up to 10 accounts per user; limits on funded and evaluation accounts | Not publicly specified, but multiple challenges allowed |
E8 Markets offers more flexibility in evaluation duration and payout timing, with a 40% best-day rule and allowance for martingale strategies under certain conditions. It permits copy trading within personal accounts but prohibits copying between evaluation accounts. Risk management is enforced through position size limits and restrictions on excessive risk per trade.
Quant Tekel emphasizes strict risk limits, including mandatory stop losses and a lower best-day profit cap of 25%. Its consistency score requirement encourages steady profit distribution. Pre-approval is required for EAs and trade copiers, and group trading is strictly forbidden. Inactivity rules are tighter, with accounts deleted after 30 days of no trading.
Both firms maintain firm control over trading behaviour to protect capital and ensure fair trading conditions, but traders should carefully review these rules to find the environment that best fits their style and discipline.
Payout Policy Comparison: E8 Markets vs Quant Tekel
Getting paid is the goal, and how prop firms handle payouts is a critical factor for traders. Both E8 Markets vs Quant Tekel offer structures to reward profitable trading, but their approaches to profit splits, timing, and conditions differ significantly.
E8 Markets Payout Approach
E8 Markets generally offers an 80% profit share across its standard programs like E8 Classic, Track, and One. However, pathways exist to reach a 100% split, such as achieving consistency milestones on E8 Pro accounts or accumulating winning days on specific models like Model 1.
Quant Tekel Payout Approach
Quant Tekel provides an 80% profit split for its QT Instant & Prime programs, claimable every 14 days. A standout feature is the Payout on Demand available as standard for their QT Power accounts, provided minimum requirements and consistency scores are met.
Payout Policy Head-to-Head
Feature | E8 Markets | Quant Tekel |
---|---|---|
Standard Split | 80% (potential for 100%) | 80% (potential increase via scaling plan) |
Payout Frequency | 8 days (first), 14 days (standard), 7 days/On-Demand possible | 14 days (standard), On-Demand (QT Power) |
Key Condition | 40% Best Day Rule, Profit > 50% of Daily Drawdown | Consistency Score (QT Power), 14-day cycle (Instant/Prime) |
Scaling Feature | Account balance scaling available | 10% Milestone Scaling tied to 80% payout (includes potential salary) |
Ultimately, E8 Markets offers faster initial access to payouts and the potential for a 100% split sooner, with flexible on-demand options governed by clear consistency rules.
Quant Tekel provides structured 14-day payouts for most programs but offers payout-on-demand for its Power accounts and directly links payouts to a potentially lucrative scaling plan that includes salary prospects. Your preference between E8's flexibility and Quant Tekel's structured scaling incentive will depend on your trading style and long-term goals.
Answering Common Queries That You Might Have
What's the main Evaluation difference between E8 Markets and Quant Tekel?
E8 Markets provides customizable evaluation options alongside single and multi-phase programs. Quant Tekel offers distinct 1, 2, or 3-step evaluations with no time limits.
Which firm, E8 Markets vs Quant Tekel, Offers a Higher Profit Split?
E8 Markets features profit splits reaching up to 100% on certain accounts. Quant Tekel's standard split is up to 90%, potentially rising via their scaling plan.
What Trading Platforms can I use with E8 Markets and Quant Tekel?
E8 Markets supports TradeLocker, cTrader, Match Trader, and Platform 5. Quant Tekel uses TradeLocker, cTrader, DXTrade, and MT5 for its services.
Can I Trade Stocks as CFDs with both E8 Markets and Quant Tekel?
Quant Tekel specifically lists stocks CFDs among its available instruments. E8 Markets' primary offerings include Forex, indices, metals, energies, and crypto CFDs.
How quickly can I get My First Payout from these Prop Firms?
E8 Markets permits the first payout request just 8 days after starting. Quant Tekel's typical payout schedule allows requests every 14 days after funding.
How do E8 Markets and Quant Tekel compare on Account Scaling?
Both firms offer scaling. E8 Markets allows account balance growth, while Quant Tekel features a defined plan reaching up to $2,000,000 tied to payout choices.
Making Your Choice Between E8 Markets and Quant Tekel
So, when comparing E8 Markets and Quant Tekel, which prop firm gets your nod?
This review outlined the key differences, from E8 Markets' highly flexible evaluation options and rapid first payouts to Quant Tekel's structured multi-step challenges with no time limits and a distinct scaling plan linked to payouts, aiming for accounts up to $2 million.
Your decision in the E8 Markets vs Quant Tekel matchup hinges on what matters most to you. Do you value E8's customizable funding models and potential 100% profit split, or Quant Tekel's defined path to substantial capital growth and specific consistency rules?
Consider their contrasting approaches to trading rules, accepted platforms, and payout policies. The best prop firm choice aligns with your individual trading style, risk management approach, and goals for accessing funded trader accounts.