Quant Tekel Rules

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

  • 90% profit split for traders, with payouts available every two weeks
  • No time limits for completing the evaluation process at own pace
  • Low profit targets of 7% (Phase 1) and 5% (Phase 2)
  • Fast payouts through multiple integrated payment gateways for quick earnings access
  • Monthly competitions with prizes and free evaluation accounts for participating traders
  • Unlike some prop firms, Quant Tekel Rules allows trading during news events, giving traders more flexibility in their strategies.
  • The use of EAs and automated trading systems is permitted.

💰 Quant Tekel Prop Trading Evaluation Process

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:

ParameterValue
Payout Cycle14 Days
Daily Pause2%
Max Loss6%
Target10%

Two-Phase Evaluation

The two-phase evaluation has these features:

ParameterValue
Profit Share90%
Phase 1 Profit Target7%
Phase 2 Profit Target5%
Max Drawdown10%
Max Daily Drawdown4%

Three-Phase Evaluation

The three-phase evaluation is structured as follows:

ParameterValue
Phase 1 Profit Target6%
Phase 2 Profit Target6%
Phase 3 Profit Target6%
Payout Cycle14 Days

👉 Key Features of Quant Tekel's Prop Trading Program

  • 90% Profit Split: Traders can earn up to 90% of the profits generated in the funded stage, with payouts available every two weeks.
  • No Time Limits: QT allows traders to complete the evaluation process at their own pace, without imposing any time constraints.
  • Low-Profit Targets: With profit targets of 7% for Phase 1 and 5% for Phase 2, Quant Tekel Rules offers some of the lowest and most achievable targets in the industry.
  • Fast Payouts: QT has integrated multiple payment gateways to ensure efficient and quick access to earnings.
  • Monthly Competitions: Traders can participate in free monthly competitions to win prizes and free evaluation accounts.
  • Competitive Commissions and Spreads: QT aims to provide traders with lightning-fast execution, tight spreads, and low commissions on trades.

⚠ Trading Rules and Guidelines

Quant Tekel 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

  • Instruments: Traders can trade forex, indices, commodities, and other available instruments on the MT5 and DX Trade platforms.
  • Trading Hours: Trading is allowed 24/5, following the standard forex market hours.
  • Leverage: QT offers competitive leverage options, but traders should use leverage responsibly to manage risk effectively.
  • Stop Loss: While not explicitly required, using stop losses is highly recommended to manage risk and protect capital.
  • News Trading: Unlike some prop firms, Quant Tekel Rules allows trading during news events, giving traders more flexibility in their strategies.
  • Expert Advisors (EAs): The use of EAs and automated trading systems is permitted.

Risk Management Rules

  • Maximum Daily Loss: Traders must not exceed a certain percentage of account drawdown in a single day. The exact percentage may vary based on account size and trader history.
  • Maximum Overall Drawdown: There is a limit to the total drawdown allowed on the account. Exceeding this limit may result in account termination.
  • Position Sizing: Traders should adhere to responsible position sizing to manage risk effectively. Overleveraging is discouraged.

Ethical Trading Practices

  • No Arbitrage: Exploiting arbitrage opportunities between different brokers or platforms is strictly prohibited.
  • No Hedging: While not explicitly stated, excessive hedging to manipulate account statistics is generally discouraged.
  • No Fraud: Any form of fraudulent activity, including but not limited to account sharing or manipulation, will result in immediate termination.

Scaling Plan

Quant Tekel Scaling Plan

Quant Tekel Rules offers an innovative scaling plan for consistently profitable traders:

  • At the point of payout, traders can opt for an 80% profit split.
  • Choosing this option allows the account to scale by 10% of the original amount.
  • Traders have the potential to scale up to $2,000,000 in funding, subject to company discretion and compliance approval.

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:

  • Forex: Major, minor, and exotic currency pairs with competitive spreads
  • Commodities: Precious metals and energy products
  • Indices: Major global indices like the S&P 500, FTSE 100, etc.
  • Cryptocurrency: Crypto pairs with up to 1:2 leverage.

Educational Resources and Support

Quant Tekel is committed to helping traders succeed by providing various educational resources and support:

  • Trading Community: Access to an active community of traders for sharing ideas and strategies.
  • Market Analysis: Regular market updates and analysis to help traders make informed decisions.
  • Webinars and Workshops: Educational sessions covering various aspects of trading and market analysis.
  • Customer Support: Dedicated support team to assist with technical issues and account-related queries.

Monthly Competitions

Quant Tekel organizes monthly trading competitions, offering traders the chance to:

  • Win exciting prizes
  • Earn free evaluation accounts
  • Test strategies against top traders
  • Gain recognition within the trading community

These competitions provide an excellent opportunity for traders to showcase their skills and potentially fast-track their journey to a funded account.

🧾 Account Management 

Quant Tekel 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:

  • Passing Services: Any attempt to use services designed to pass evaluations on behalf of traders.
  • Account Management: Engaging in practices where third parties manage or control your account.
  • Account Sharing: Sharing your account credentials with others or allowing others to access your account.

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:

  • Arbitrage
  • Latency trading
  • Front-running price feeds
  • Exploiting mispricing
  • High-frequency trading, including tick scalping
  • Reverse trading or group hedging

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 Logo

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:

  • High profit share of up to 90%
  • Low and achievable profit targets
  • No time limits on evaluation phases
  • Ability to trade various instruments and use EAs
  • Potential to scale up to $2,000,000 in funding

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.

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