QT Funded
1 Step and 2 Step challenges from $24, traded on MT5 and TradeLocker.
Markets
Platforms
-
MT5
-
TradeLocker
- Programs across 1 Step and 2 Step
- 3
- Cheapest challenge, with the promotion
- $24
- Top profit split, on QT Instant (MT5)
- 80%
- Max. allocation
- $300K
- Leverage on FX
- 1:50
- Daily loss limit
- 3% to 4%
Programs and Prices
3 programs, with the price at every account size. Prices include the firm’s current promotion, with the list price struck through.
1 Step Evaluation
1 program, 5K to 50K| Program | 5K | 10K | 25K | 50K | Trade |
|---|---|---|---|---|---|
| QT Instant (MT5) 80% split, 3% daily loss, 3% max loss | $46.20 |
$72.60 |
$137.50 |
$253 |
Trade now |
2 Step Evaluation
2 programs, 10K to 200K| Program | 10K | 25K | 50K | 100K | 200K | Trade |
|---|---|---|---|---|---|---|
| QT Power 80% split, 6% then 6% target, 4% daily loss, 4% max loss | $24 |
$50 |
$95 |
$190 |
Not offered | Trade now |
| QT Prime (MT5) 80% split, 8% then 5% target, 4% daily loss, 10% max loss | $60.50 |
$126.50 |
$198 |
$374 |
$715 |
Trade now |
Rules at a Glance
Loss limits are a share of the starting balance. Breaking either limit ends the account.
| Program | Type | Account sizes | Profit split | Profit target | Daily loss limit | Max loss limit | From |
|---|---|---|---|---|---|---|---|
| QT Instant (MT5) | 1 Step | 5K to 50K | 80% | Not listed | 3% | 3% | $46.20 |
| QT Power | 2 Step | 10K to 100K | 80% | 6% then 6% | 4% | 4% | $24 |
| QT Prime (MT5) | 2 Step | 10K to 200K | 80% | 8% then 5% | 4% | 10% | $60.50 |
QT Funded rules in full
Max DD Type
- QT Prime & QT Power: Static
- QT Instant: Trailing
Daily DD Type
- QT Prime & QT Power: EOD Equity
- QT Instant: EOD Balance
News Trading
- QT Instant & QT Prime: 10m Widow No Execution (except PT and SL) or Modification
EAs/Copy
Yes to both. Pre-approval required. No Group or Restricted Trading Allowed
Holding Restrictions
- QT Instant: Layering No More than 3 trades per Ins
Add Ons
- QT Prime & QT Power: 90% Profit Split
- QT Prime & QT Power: Challenge Refund
- QT Prime & QT Power: Phase 2 Reset
- QT Power: Weekly Payouts
Scaling rules
Duration Requirements
8 weeks
Profit Requirements
10% accumulated + account must be in profit
Scaling %
10%
Payout Requirements
3
Requirements
Account can’t have fallen below drawdown
QT Funded review
QT Funded is the prop trading brand of the Quant Tekel group. Its evaluations are provided by Quant Tekel LLC, registered in St Vincent and the Grenadines, with customer payments processed by Quant Tekel Ltd in London, while a separate group company holds a broker licence in South Africa. Accounts trade on MetaTrader 5 or TradeLocker, and residents of the United States must use TradeLocker. There are five plans. QT One is a one step evaluation with a 6% target, a 3% daily limit that moves up with the previous day's close and a 6% static maximum loss, with no minimum trading days. QT Two needs 8% and then 5%, with a 4% daily limit, an 8% maximum loss and four trading days per phase. QT Power needs 6% in each of two phases under a 35% consistency rule. The Buy Now Pay Later plan is a one step account that costs $2.50 to start, with an activation fee after passing, and QT Instant skips the evaluation. List prices run from $35 for a $5,000 QT Power to $1,000 for a $100,000 QT One or a $200,000 QT Two. Splits are 70% on QT One, 80% on QT Two, QT Power and Buy Now Pay Later, and 100% on QT Instant, and funded accounts carry floating loss limits of 1% to 2%.
Suits
Active intraday traders who keep floating losses very small and want a low cost entry or a 100% split on an instant account.
Less suited to
Avoid QT Funded if you hold trades through deep floating losses, trade less than once a week, or want uncapped withdrawals on a two step account.
Pros
- QT One can be passed in a single day, with no minimum trading days and no consistency rule, and pays every four trading days.
- QT Power costs $35 for a $5,000 account and $475 for $100,000, and the news rule does not apply to it.
- The Buy Now Pay Later plan costs $2.50 to start, with the activation fee due only after passing.
- QT Instant pays a 100% profit split on a four day cycle.
- Payout requests are processed within 24 business hours, by crypto or wire.
Cons
- Funded QT One and QT Two accounts must not let combined floating losses exceed 1% of the account size.
- QT Two and the Buy Now Pay Later plan cap profit at 5% per payout cycle.
- QT One pays a 70% split and closes accounts after seven days without a trade.
- QT Two bans opening or closing trades around major news and requires a stop loss within 60 seconds once funded.
- QT Instant needs 8% profit before the first 5% payout and a 30% consistency score.
Verdict
QT Funded offers low entry prices and a wide choice of structures, from the $2.50 Buy Now Pay Later start and a $35 QT Power account to a QT Instant account that pays a 100% split. QT One can be passed in a single day with no consistency rule and pays every four trading days, and QT Power is exempt from the news rule. The trade off is a dense set of funded stage rules that decide whether profit can be withdrawn. QT One closes accounts whose combined floating loss exceeds 1%, QT Two treats the same limit as a soft breach first and requires a stop loss within 60 seconds, QT Instant allows 1% per instrument, and the Buy Now Pay Later plan caps floating losses at 2%. QT Two and the Buy Now Pay Later plan also cap profit at 5% per cycle, with anything above it removed before the next cycle, and QT Instant needs 8% profit before a first 5% payout. QT Two bans opening or closing trades five minutes either side of major releases, inactivity rules close accounts after 7 or 14 days without a trade, and risk interviews can be required before a payout. Several help centre articles still describe discontinued plans with different figures. Trustpilot shows a rating of 3.6 from more than 13,000 reviews. The firm suits active intraday traders who keep floating losses small and value low entry costs over room to hold trades through drawdowns.
Payouts
Minimum Payout
$110
Minimum Trading Days
| QT Prime | 4 Days & at least 2 Days of 0.5% |
| QT Power | 4 Days |
Consistency
| QT Instant | 25% |
| QT Prime | 35% |
Payout Frequency
Bi-weekly
Inactivity Rules
30 Days
Leverage and Commissions
| Market | Instant | 2 Step | 3 Step | Commission |
|---|---|---|---|---|
| FX | 1:30 | 1:50 (QT Prime) 1:100 (QT Power) | 1:50 (QT Prime) | Per lot, round trip Amount ($4) |
| Metals | 1:15 | 1:15 (QT Prime) 1:35 (QT Power) | 1:15 (QT Prime) | Per lot, round trip Amount ($4) |
| Indices | 1:15 | 1:20 (QT Prime) 1:35 (QT Power) | 1:20 (QT Prime) | Per lot, round trip Amount ($4) |
| Crypto | 1:1 | 1:1 (QT Prime) 1:2.5 (QT Power) | 1:1 (QT Prime) | Per lot, round trip Amount ($4) |
Firm Details
- CEO
- Tanswell Sassman
- Country
- ZA
- In operation
- 3 years
- Trustpilot
- 3.6 out of 5
- Platforms
- MT5, TradeLocker
- Markets
- FX, Metals, Indices, Other Commodities, Crypto
- Payment methods
- Credit/Debit Card, PayPal, Crypto, UPI Payment, TAZAPAY
- Payout methods
- PayPal, Bank Wire Transfer or Crypto
- Support
- Live Chat and Email | 24/7
Questions about QT Funded
Is QT Funded legit?
QT Funded evaluations are provided by Quant Tekel LLC, registered in St Vincent and the Grenadines, and payments are processed by Quant Tekel Ltd, a UK company based at Canary Wharf in London. A separate group company, Quant Tekel (Pty) Ltd, is an authorised broker in South Africa, but QT Funded offers no brokerage. Trustpilot shows a rating of 3.6 from more than 13,000 reviews.
How much does a QT Funded challenge cost?
At $10,000, list prices are $60 for QT Power, $70 for QT Two, $125 for QT Instant and $190 for QT One. At $100,000 they are $475, $550, $750 and $1,000, and a $200,000 QT Two costs $1,000. TradeLocker adds $5. The Buy Now Pay Later plan costs $2.50 to start, plus an activation fee of $65 to $650 after passing.
What is the difference between QT One and QT Two?
QT One is a single phase with a 6% target, a 6% static maximum loss and no minimum days, paying 70% every four trading days. QT Two has targets of 8% and 5%, an 8% maximum loss and four days per phase, and pays 80% every 14 days with a 5% profit cap per cycle. QT Two also has a news rule and a stop loss requirement.
How does the QT Funded Buy Now Pay Later plan work?
You pay $2.50 to start a one step evaluation with a 6% target, a 3% trailing daily limit, a 6% trailing maximum loss and a 2% floating loss limit. After passing a risk review, you have seven calendar days to pay the activation fee. The funded account pays 80% every 14 days, with a 5% profit cap, five trading days and a 20% consistency score per cycle.
How do QT Funded payouts work?
Payouts follow the plan's cycle: every four trading days on QT One, every four days on QT Instant, and every 14 days on QT Two, QT Power and Buy Now Pay Later. Requests need KYC, a signed contract and a risk review, and a risk interview may be required. Approved payouts are processed within 24 business hours by crypto in USDC or by wire.
Does QT Funded allow news trading and weekend holding?
QT Two bans opening or closing trades from five minutes before to five minutes after CPI, FOMC, payrolls and other red folder releases on the affected currencies. QT One, QT Instant and QT Power have no news rule, and news trading is allowed on the Buy Now Pay Later plan. Positions can be held over the weekend, but not opened or modified while markets are closed.
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