The Quant Tekel Rules offerings of Quant Tekel, the exciting prop firm that recently rebranded from AscendX Capital? Well, you've come to the right place! In this article, we'll dive into the nitty-gritty of what Quant Tekel Rules is all about, from their trading challenges and profit splits to their cutting-edge technology and upcoming loyalty programs. Whether you're a seasoned pro or just starting out, Quant Tekel Rules has something for everyone looking to take their trading to the next level. So, grab a cup of coffee, sit back, and let's explore what makes Quant Tekel stand out in the world of prop trading!
📌 Quant Tekel Rules Overview
💰 Quant Tekel Prop Trading Evaluation Process
Quant Tekel offers three distinct evaluation types, each with its own set of parameters:
Standard Evaluation
This evaluation type has the following characteristics:
| Parameter | Value |
|---|---|
| Payout Cycle | 14 Days |
| Daily Pause | 2% |
| Max Loss | 6% |
| Target | 10% |
Two-Phase Evaluation
The two-phase evaluation has these features:
| Parameter | Value |
|---|---|
| Profit Share | 90% |
| Phase 1 Profit Target | 7% |
| Phase 2 Profit Target | 5% |
| Max Drawdown | 10% |
| Max Daily Drawdown | 4% |
Three-Phase Evaluation
The three-phase evaluation is structured as follows:
| Parameter | Value |
|---|---|
| Phase 1 Profit Target | 6% |
| Phase 2 Profit Target | 6% |
| Phase 3 Profit Target | 6% |
| Payout Cycle | 14 Days |
👉 Key Features of Quant Tekel's Prop Trading Program
⚠ Trading Rules and Guidelines
To ensure fair and responsible trading, Quant Tekel has established a set of rules and guidelines that all traders must follow during the evaluation and funding stages.
General Rules
Risk Management Rules
Ethical Trading Practices
Scaling Plan
Quant Tekel Rules offers an innovative scaling plan for consistently profitable traders:
This scaling plan provides a clear path for growth and increased earning potential for successful traders.
Trading Platforms and Instruments
QT supports trading on the MetaTrader 5 (MT5) and DXTrade platforms. These advanced platforms provide traders with powerful tools, real-time insights, and everything needed to analyze markets and execute trades with precision.
A wide range of tradable instruments are available:
Educational Resources and Support
Quant Tekel is committed to helping traders succeed by providing various educational resources and support:
Monthly Competitions
Quant Tekel organizes monthly trading competitions, offering traders the chance to:
These competitions provide an excellent opportunity for traders to showcase their skills and potentially fast-track their journey to a funded account.
🧾 Account Management
At Quant Tekel Rules, upholding the integrity and fairness of our challenges is our top priority. Therefore, the use of passing services, account management, or account sharing is strictly prohibited.
1. Prohibited Practices:
2. Consequences:
Accounts found in violation of these policies will forfeit eligibility for refunds or withdrawals.
Such practices undermine the integrity of our evaluation process and compromise fairness and safety for all traders.
3. Account Security:
Traders are responsible for keeping their account credentials secure. Sharing credentials is strictly forbidden.
Payment and Verification Policy
4. Accepted Payment Methods:
We do not accept payments made via third-party cards or accounts. All assessment purchases and account funding must be conducted using the cardholder's own payment method.
5. Verification Process:
During the onboarding process for a qualified trader account, we verify that the name on the payment card matches the name on the KYC profile. This measure is implemented to prevent credit card fraud and ensure secure transactions.
Prohibited Trading Strategies
Taking advantage of unrealistic prices or trade opportunities, including:
Most Common Queries
What is Quant Tekel's maximum daily drawdown limit?
The maximum daily drawdown limit for Quant Tekel accounts is 4% of the account size.
What profit target does Quant Tekel set for its evaluation programs?
Quant Tekel sets a profit target of 5-7% for its evaluation programs across all account sizes.
What is Quant Tekel's profit share for successful traders?
Successful traders at Quant Tekel can enjoy a generous 90% profit share.
Does Quant Tekel Rules offer account scaling?
Yes, Quant Tekel Rules offers account scaling. Traders can scale up to $2,000,000 in funding at the company's discretion.
What trading platforms does Quant Tekel support?
Quant Tekel supports two industry-leading platforms: MT5 and DX Trade.
What is the largest account size offered by Quant Tekel Rules for prop trading?
The largest account size offered by Quant Tekel Rules for prop trading is $200,000.
How does Quant Tekel's account scaling work?
If a trader selects an 80% profit split, their account will scale by 10% of the original amount at the point of payout.
Does Quant Tekel offer any discounts on its evaluation programs?
Yes, Quant Tekel is currently offering a 50% discount on its evaluation programs.
📌 Wrapping it all up
Quant Tekel Rules offers a comprehensive and trader-friendly prop trading program that stands out in the industry. With its generous profit-sharing model, flexible trading conditions, and innovative scaling plan, (QT) Quant Tekel Rules provides an excellent opportunity for both aspiring and experienced traders to access significant capital and potentially achieve financial success.
Key advantages of trading with Quant Tekel include:
By following the rules and guidelines set forth by Quant Tekel, traders can maximize their chances of success and build a rewarding career in proprietary trading. As with any trading endeavor, it's crucial to approach prop trading with Quant Tekel Rules responsibly, focusing on consistent performance, effective risk management, and continuous learning.
