Choosing the right prop trading firm can significantly impact your trading journey. Today, I'm comparing two notable players in the market: Quant Tekel Vs Funding Pips. Both firms offer funded accounts to traders, but they differ in several key aspects that might influence your decision.
As prop firms continue to gain popularity among traders seeking capital without risking personal funds, choosing between these two options requires careful consideration of their evaluation models, profit splits, and platform support.
Both firms offer paths to trade forex, commodities, and indices, but with distinct approaches to trader evaluation and scaling opportunities.
Quant Tekel Vs Funding Pips
Quant Tekel is a proprietary trading firm launched in 2024 offering virtual funding up to $200,000 with a 90% profit split and scaling potential to $2 million. They provide 1-step, 2-step, and 3-step evaluation programs with no time constraints. The firm supports MT5, Tradelocker, cTrader, DXTrade platforms.
Funding Pips is a Dubai-based proprietary trading firm established by traders for traders, offering up to 100% profit split and fast weekly payouts. With Trustpilot rating of 4.4/5 from over 20,000 reviews, FundingPips support popular platforms including MT5, cTrader, Match-Trader, and TradeLocker.
Quick Analysis Quant Tekel vs Funding Pips
| Parameter | Quant Tekel | Funding Pips |
|---|---|---|
| CEO | Tanswell Sassman | Khaled Ayesh |
| Broker | Quant Tekel | Liquidity Provider |
| Platforms | TradeLocker, cTrader, DXTrade, MT5 | cTrader, MT5, MatchTrader |
| Payment Methods | CryptoUPI, Payment, TAZAPAY Credit/Debit Card, PayPal | Skrill, Paysafe Card, Neteller, Crypto, Credit/Debit Card, Astropay, PayPal, Google Pay |
| Payout Methods | PayPal, CryptoBank, Wire Transfer | Riseworks, Crypto |
| Instruments | CFD | CFD |
| Assets | FXMetals, Indices, Crypto, Other Commodities | FXMetals, Indices, Energy, Crypto |
| Min Trading Days | 4 Days | 3 Days |
| Account Size | $200K | $100K |
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Quant Tekel vs Funding Pips | Profit Split Structures Compared
| Feature | Quant Tekel | Funding Pips |
|---|---|---|
| Profit Split Ratio | 90% | 80%-100% (depending on scaling) |
| Scaling Options | Yes, up to $2,000,000 | Yes, can receive up to 100% of the profit |
| Withdrawal Conditions | Every 2 weeks | Every Tuesday, payout period same day to 4 trading days. Can be same day. |
Which Platform Wins for Long-Term Earnings?
Okay, so which firm sets you up better for consistent earnings?
Quant Tekel's straightforward 90% split is appealing. Knowing you keep that large portion from the get-go is comforting. Plus, the potential to scale all the way up to $2,000,000. Also, if you use “fxparkey“, you can get a 40% discount that will help bring down the upfront expenses.
Funding Pips has its charms. With flexible profit-split options, traders have to make a profit of 8% without losing more than 5% daily or 10% overall to go to the next phase. The possibility of reaching 100% is great, but it's not guaranteed from the start.
If you're confident in your skills and want the clearest path to keeping most of your profits while having the opportunity to make even more, Quant Tekel might be your best bet. The 40% discount is like a helpful head start!
Quant Tekel vs Funding Pips | Evaluation Face-Off
| Feature | Quant Tekel (QT Prime) | Funding Pips (2-Step) |
|---|---|---|
| Evaluation Steps | 2-Step or 3-Step | 2-Step (“Student” and “Practitioner”) |
| Profit Target (Step 1) | 8% (2-Step), 6% (3-Step) | 8% |
| Profit Target (Step 2) | 5% (2-Step), 6% (3-Step) | 5% |
| Max Daily Loss | 4% (fixed, based on initial balance) | 5% |
| Max Overall Loss | 10% of the initial balance | 10% |
| Time Limit | No time limit | No time limit |
| News Trading | No opening, closing, or adjusting trades 5 minutes before or after a Red Folder news event | Not restricted |
| Minimum Trading Days | 4 days | 3 days |
Which Program is More Forgiving for New Traders?
This is where it gets interesting. Both firms have their pros and cons for those just starting.
Funding Pips has pretty straightforward rules and unlimited time. The profit targets are reasonable, and the drawdown limits are standard.
Quant Tekel is interesting since they provide flexibility. Also, they calculate the maximum daily loss from the initial balance.
The Verdict: For a totally new trader, Funding Pips is potentially a tad simpler due to it being less strict. Quant Tekel might suit those who have a bit of experience but are still developing their risk management skills.
If you're leaning towards Quant Tekel, remember to use the discount code “fxparkey“ for a sweet 40% off. This makes it way less painful if you need to give the evaluation another shot!
Quant Tekel vs Funding Pips | Getting the Support You Need
Let's see how these prop firms handle customer service, since you want to know someone has your back when you need it.
| Feature | Quant Tekel | Funding Pips |
|---|---|---|
| Response Times | Review and respond promptly | Quick and reliable |
| Support Channels | Email (support@quanttekel.com) | Live chat, email (support@fundingpips.com), Discord VIP chat channel |
| Community Feedback | Mixed, some report issues with rule enforcement and account terminations | Generally positive feedback |
So, Who's Got Your Back?
Both firms aim to provide solid support, but there are some differences.
Funding Pips seems to have a slightly bigger focus on immediate help, given their 24/7 availability and AI chatbot. They also offer a Discord channel for more community-based assistance.
Quant Tekel focuses on a customer-focused approach and encourages feedback to enhance its services. It is dedicated to delivering excellent service, offering a support team that reviews and responds promptly to issues.
Funding Pips, built by traders, ensures traders have the support they need at any time, offering live chat, email, and even an AI bot for quick answers.
Quant Tekel vs Funding Pips | Getting Your Profits in Hand
| Feature | Quant Tekel | Funding Pips |
|---|---|---|
| Payout Methods | Rise, Crypto (via USDC), Bank Wire Transfer | Riseworks, Crypto |
| Payout Frequency | Every 14 days | Weekly (80% split for 1-Step), Bi-weekly (95% split w/ consistency rule for Zero), Weekly, Bi-weekly, Monthly (60% split for 2-Step then 80% or 100%) |
| Processing Time | Within 5 business days after approval | Bank Transfers: 2-5 business days; Digital Wallets (e.g., PayPal): 24-48 hours; Crypto: faster |
| Payout Certificates | Yes | Yes |
Which Prop Firm Pays Faster During Volatile Markets?
Funding Pips generally offers faster payouts, especially with its weekly options and Tuesday “Payday” system, which allows some traders to request payouts in as little as 4 trading days after starting a Master account. This is quicker than Quant Tekel's bi-weekly cycle.
Use “fxparkey” for Quant Tekel to potentially save 40% and reinvest withdrawals quicker!
Quant Tekel vs Funding Pips | Educational Resources Face-Off
Here's how these two prop firms stack up when it comes to helping you learn and grow as a trader:
| Educational Feature | Quant Tekel | Funding Pips |
|---|---|---|
| Webinars | Expert-led exclusive webinar series | Live trading sessions with various topics |
| Trading Strategy Guidance | Advanced trading strategy sessions | Trading strategy discussions |
| Market Analysis | Regular market trend updates | Real-time data and insights via dashboard |
| Special Resources | Monthly trading competitions with prizes | In-house psychology coach |
| Community Support | World-class trading community | Supportive trader community |
| Learning Environment | Structured learning approach | Peer-learning emphasis |
| Resource Accessibility | Sign-up system for upcoming events | 24/7 access to dashboard resources |
Who Teaches Better Risk Management?
Quant Tekel takes the crown here with their structured approach to risk management education. Their exclusive webinar series dives into proper position sizing and drawdown management techniques that align perfectly with their evaluation parameters. These aren't just theoretical concepts – they show you exactly how to apply these principles to pass their challenges.
Funding Pips offers a different angle with their in-house psychology coach. Their focus on the mental side of trading is super valuable – after all, good risk management starts with controlling your emotions and avoiding those revenge trades we've all made! The psychology sessions help traders develop discipline and consistency, which are crucial for long-term success.
Secret Weapon Resources
Quant Tekel's hidden ace is definitely their monthly trading competitions. These aren't just fun events – they're brilliant learning opportunities where you can test strategies against other skilled traders without risking your evaluation account. Plus, you might win prizes or even free evaluation accounts! Nothing teaches risk management like friendly competition.
Funding Pips secret weapon is their comprehensive dashboard with real-time insights. This resource helps traders make data-driven decisions rather than emotional ones. Having instant access to important market information can give you that extra edge when planning your trades.
Answering the Common Queries
What are the Profit-Sharing Ratios at Quant Tekel & Funding Pips?
Quant Tekel offers 90% profit split. Funding Pips varies, with payouts up to 100% based on scaling or account type.
What Maximum Funding can Traders access with each Firm?
Quant Tekel allows scaling up to $2,000,000. Funding Pips caps simulated capital at $300,000.
How many Minimum Trading days are needed in Evaluations?
Quant Tekel requires a minimum of 4 trading days. Funding Pips specifies 3 minimum trading days.
Which Platforms are supported by Quant Tekel & Funding Pips?
Quant Tekel supports TradeLocker, cTrader, DXTrade, and MT5 platforms. Funding Pips supports cTrader, MT5, and Match Trader.
What instruments can be traded at Quant Tekel vs Funding Pips?
Both offer CFDs on FX, metals, indices, and crypto. Quant Tekel includes other commodities, while Funding Pips includes energy.
How do the Daily Loss Limits compare between the two Firms?
Quant Tekel has a max daily loss based on intial balance of 4%. Funding Pips has a 5% maximum daily loss.
What Payout Methods are available with each Prop Firm?
Quant Tekel offers payouts via Rise, Crypto (USDC), and Bank Wire Transfer1. Funding Pips uses Riseworks and Crypto.
Are there time limits on Evaluation Phases for Either Firm?
Neither Quant Tekel nor Funding Pips imposes time limits on their evaluation phases.
Does either Firm Restrict Trading around High-Impact News Events?
Quant Tekel prohibits opening/closing trades 5 minutes before/after red folder news. Funding Pips doesn't explicitly list this restriction.
What Support Channels do Quant Tekel & Funding Pips Provide?
Quant Tekel offers support via email, Discord, and Live chat. Funding Pips has live chat, email, and a Discord VIP chat channel.
Making Your Choice | Quant Tekel Vs Funding Pips?
Alright, traders, time to wrap this up! When choosing between Quant Tekel and Funding Pips, consider what truly matters for your trading journey. Both offer unique advantages:
Quant Tekel has that high profit split (90%) and massive scaling potential, which may be of great value to you. Don't forget to use code “fxparkey” for that 40% discount!
Funding Pips stands out with its flexible payouts and helpful learning environment. Think about your trading style, risk tolerance, and support needs. Whichever prop firm you pick, remember that consistent effort and smart risk management are key to long-term success in the forex market!
