Thinking about starting into proprietary trading? Two names often come up: Quant Tekel vs FunderPro.
Both firms aim to equip traders with the capital and support needed to succeed, but they approach this goal in slightly different ways.
Quant Tekel (4.4 Out of 5)
FunderPro (4 Out of 5)
Quant Tekel, known for its customer focus and favorable conditions, offers access to funding up to $200,000 and a profit share as high as 90%. Funder Pro focuses on transparent and fair funding with real capital.
Plus, here's a little something to sweeten the deal: both are offering discounts with the code “FXPARKEY,” with Quant Tekel providing a 40% discount and Funder Pro a 20% discount. This article compares their profit-sharing models, support systems, and more.
Quant Tekel vs FunderPro
| Parameter | Quant Tekel | FunderPro |
|---|---|---|
| Maximum account size | Up to $200K | Up to $200k |
| Evaluation Process | Two-phase evaluation process designed to identify and magnify trading talent | Three challenge types: One-Phase, Regular (Two-Phase), and Swing (Two-Phase) |
| Trading Platforms | TradeLocker, cTrader, DXTrade, MT5 | TradeLocker, cTrader |
| Risk Management | Solid risk management principles, dependent upon the evaluation you choose. | Max Daily Drawdown is 5% on all Funded Accounts, Regular, and Swing Challenges; 4% on the One-Phase Challenge. Max Overall Drawdown is 10% on all Funded Accounts, Regular, and Swing Challenges; 7% on the One-Phase Challenge. |
| Payout Frequency | Scaling plan offered for traders showing consistent profits | Every time your balance is in profit of at least $50 |
Quant Tekel
Quant Tekel, a licensed brokerage with a proprietary trading division, offers traders the opportunity to access up to $200,000 in virtual funds. They provide a two-phase evaluation process, competitive profit splits up to 90%, and a scaling plan allowing traders to potentially reach $2,000,000 in funding. The firm uses MT5 and DX Trade platforms.
Funder Pro
FunderPro is a prop trading firm offering funded accounts to traders who pass their evaluation process. They operate as an A-book firm, meaning they don't take the opposite side of trades but instead profit from fees and spreads. FunderPro provides real capital through STP/ECN brokers (A-Book), allowing for daily payouts and an 80/20 profit split favoring traders.
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Quant Tekel vs FunderPro: Detailed Comparison Guide
This guide offers a direct comparison between Quant Tekel vs FunderPro, two leading proprietary trading firms, to help traders make informed decisions.
1. Funding Programs
| Parameter | Quant Tekel | FunderPro |
|---|---|---|
| Max Account Size | Up to $200,000 | Up to $200,000 |
| Evaluation Process | Two-phase evaluation | Three challenge types (One-Phase, Regular, Swing) |
| Platforms | TradeLocker, cTrader, DXTrade, MT5 | TradeLocker, cTrader |
Key Differences: FunderPro offers a variety of challenge types to suit different trading styles, while Quant Tekel uses a standard two-phase evaluation.
2. Trading Rules & Objectives
| Parameter | Quant Tekel | FunderPro |
|---|---|---|
| Max Daily Drawdown | 3% | 5% (Regular/Swing), 4% (One-Phase) |
| Max Overall Drawdown | 8% | 10% (Regular/Swing), 7% (One-Phase) |
| Consistency Rule | Maintain at least 35% profit over time | The profits of your best trading day should be no more than 45% of your total profits. |
Key Differences: Drawdown limits vary slightly based on the FunderPro challenge type. Quant Tekel has a consistency rule of at least 35% while FunderPro's consistency rule is at 45%.
3. Scaling Opportunities
| Parameter | Quant Tekel | FunderPro |
|---|---|---|
| Scaling Plan | Available for consistent performers. At the point of payout, if a trader selects an 80% profit split, the account in question will scale by 10% of the original amount. | Accounts can be scaled to $5 million if 10% profit is generated for three months in a row, the account balance will increase by 50%. |
Key Differences: Quant Tekel offers scaling for traders showing consistent profits. FunderPro increases the account balance by 50%.
4. Profit Split & Payouts
| Parameter | Quant Tekel | FunderPro |
|---|---|---|
| Profit Share | Up to 90% | Standard 80% |
| Payout Frequency | Profit withdrawals are processed every two weeks according to schedule, traders must also reach at least 5% profit before requesting first withdrawal, Subsequent withdrawals don’t require additional profit. | Every time your balance is in profit of at least $50, uncapped daily payouts of any profits you generate after becoming a funded trader. Payouts never take more than 48 hours. |
Key Differences: Quant Tekel offers a higher potential profit share (up to 90%). FunderPro provides a lower payout threshold ($50) and the option for daily payouts.
5. Discounts
| Firm | Discount with “FXPARKEY” |
|---|---|
| Quant Tekel | 40% off |
| FunderPro | 20% off |
Prop Firm Quizzing Between Quant Tekel and FunderPro
What Maximum Funding do Quant Tekel vs FunderPro Offer?
Quant Tekel and FunderPro both offer maximum funding up to $200,000, providing substantial capital for skilled traders.
How do their Evaluation Processes Differ?
Quant Tekel employs a two-phase evaluation, while FunderPro offers three challenge types: One-Phase, Regular (Two-Phase), and Swing (Two-Phase).
Which Platforms can I use with each Firm?
Quant Tekel supports MetaTrader 5 (MT5), and DXTrade. FunderPro is TradeLocker API.
What are the Drawdown Limits for each Firm?
Quant Tekel has a maximum daily drawdown of 4% and a maximum overall drawdown of 10%. FunderPro's daily drawdown ranges from 4-5%, and overall from 7-10%.
What Profit Share can I expect from each Firm?
Quant Tekel offers up to a 90% profit share, FunderPro offers a standard 80%.
How Often can I Withdraw Profits?
Quant Tekel processes payouts bi-weekly, contingent on meeting a 5% profit target for the first withdrawal. FunderPro allows payouts whenever your balance is $50 in profit.
Do either Firms Offer Account Scaling?
Yes, Quant Tekel offers scaling plans for consistent performers. FunderPro scales the account balance by 50% if traders generate 10% profit for three months in a row.
What Trading Instruments are Available?
Quant Tekel offers Forex, commodities, indices, and cryptocurrencies. FunderPro trading instruments are not specified.
Are there any Trading Restrictions to note?
Quant Tekel prohibits news trading 5 minutes before/after events. FunderPro never allows news trading.
What Discounts are Currently Available?
Quant Tekel provides a 40% discount with code “FXPARKEY”. FunderPro offers 20% off using the same code.
Final Thoughts
In conclusion, choosing between Quant Tekel vs FunderPro depends on your specific trading goals and preferences. If a higher profit split and structured scaling are key, Quant Tekel, guided by Tanswell Sassman, presents a compelling option with its up to 90% profit share.
For those who value lower payout thresholds and varied challenge types, Gary Mullen's FunderPro, with headquarters in Malta, offers an attractive alternative with payouts starting at just $50. Remember to use code “FXPARKEY” for a discount.
As you navigate the prop trading in 2025, consider your trading style, risk tolerance, and desired level of support to make the best decision for your future trading success.
