Reviews
Quick Verdict
QT Funded is the prop-trading arm of Quant Tekel, and on paper the offer is competitive: evaluations from $70, a single 6% target with no consistency rule and no minimum trading days, and a four-day payout cycle. The problem is what happens after you pass. QT Funded holds 3.7 out of 5 on Trustpilot from 13,098 reviews, 18% of them one star, and the complaints cluster tightly on one thing: approved payouts that arrive late or not at all. Its own terms of service reserve the right to refuse withdrawals and to change any rule without notice.
Rating: 4.7 / 5 · Worth a look only at the smallest account size, with profits withdrawn early and often. Check current QT Funded plans and pricing.
What QT Funded Is and Who It Is For
QT Funded is the evaluation business of Quant Tekel Ltd, founded in 2023 and registered at 1 Canada Square, Level 39, Canary Wharf, London. You pay a one-time fee, trade to a profit target under a set of risk rules, and if you pass you get a “funded” account whose profits are shared with you.
Second, the licence. QT Funded cites regulation by South Africa’s Financial Sector Conduct Authority under FSP number 53227. That licence belongs to Quant Tekel (Pty) Ltd and covers brokerage services in Africa and Asia. QT Funded’s own footer says so: the FSCA authorisation does not extend to the evaluation service sold at qtfunded.com. The evaluation business is unregulated, like almost every prop firm.
So the audience is a trader who understands they are buying a challenge, not an account, and who is comfortable that no regulator stands behind the payout promise.
Plans and Pricing
Account sizes run from $5,000 to $200,000, with scaling advertised up to $300,000. Prices below are what the site showed for a $25,000 account during the September promotion, with the standard price in brackets:
| Plan | Price ($25K) | Profit target | Split | Payout cycle | Max drawdown |
|---|---|---|---|---|---|
| QT Two | $70 ($140) | 8% then 5% | 80% | 14 days | 8% |
| QT One | $175 ($350) | 6% | 70% | 4 days | 6% static |
| QT Instant | $115 ($230) | None | 100% | 4 days | 6% trailing |
The pricing logic is worth reading carefully, because it is not the cheapest plan that is the best value. QT Two is the cheapest by a distance and gives the largest drawdown buffer and the biggest account range, but makes you clear two phases and wait a fortnight between payouts. QT One is the most expensive of the three and pays the lowest split at 70%, but it is one phase with a static 6% drawdown, which is the most forgiving risk model here. QT Instant skips the evaluation entirely and pays 100%, but its 6% drawdown trails your equity high, which in practice is the tightest leash of the three.
A static drawdown is measured from your starting balance and never moves. A trailing drawdown follows your profits upward, so a good week raises the floor you can be stopped out against. If you are choosing between QT One and QT Instant, that single word is more important than the split. One platform note for American readers: QT Funded says it may onboard US clients, but MetaQuotes products including MT5 are not available to US residents, so TradeLocker is the only option. Cyprus, Iran, North Korea, Sudan, Syria and Russia are excluded outright. The live plan comparison and current account sizes are here.
The Rules, and What the Terms Actually Allow
The marketing is built on one promise: “One target. One plan. No hidden rules.” The homepage lists “No Hidden Rules” and “Fast, Reliable Payouts” among the reasons to sign up, and on QT One the headline conditions genuinely are light — no consistency rule, no news restriction, no minimum trading days.
The terms of service tell a more qualified story, and this is the single most important section of this review.
- Rules can change at any time. The QT Capital terms, clause 8, state that management “reserves the right to amend, adjust, reset, suspend, or terminate any aspect… at any time and without prior notice.”
- Withdrawals can be refused. Clause 15 lists the consequences of a violation as evaluation failure, funded account suspension, funded account termination, and “withdrawal refusal where permitted under these Terms.”
- Extra verification can be demanded before any payout. Clause 10 reserves “the right to request additional verification before processing any withdrawal.” In practice this is the “risk interview” traders describe.
- Profits can be forfeited outright. QT Capital clause 4 says a trader entering that programme “irrevocably forfeits any and all simulated funded account(s)… together with any accrued or pending simulated profit.”
- The fee is never refundable. “ALL PAYMENTS ARE FINAL AND FOR EVALUATION PURPOSES ONLY… No refund applies.”
None of those clauses is unusual on its own; most prop firms have versions of them. What is uncomfortable is the distance between “no hidden rules” on the homepage and a contract that lets the firm rewrite the rules without notice and decline a withdrawal. A trader reading only the marketing would not expect the second document.
Pros and Cons
Pros
- Genuinely cheap entry: a $25K two-phase evaluation at $70 during the promotion
- QT One has no consistency rule, no news rule and no minimum trading days — rare, and real
- Static 6% drawdown on QT One is more forgiving than the trailing models most firms use
- Four-day payout cycle on QT One and QT Instant, against the industry’s usual fortnight
- Up to 100% profit split on QT Instant; 80% on QT Two
- MetaTrader 5 and TradeLocker, plus futures and a separate QT Capital track
- The firm does engage publicly: Trustpilot records replies to 55% of negative reviews
Cons
- Phí thẩm định không được hoàn trả trong mọi trường hợp.
- Trong ba gói cước chính, QT One có mức phí cao nhất và người dùng trả ít nhất (70%).
How QT Funded Compares
Judged only on published terms, QT Funded sits at the aggressive end of the market. A 6% single-phase target with no minimum days and a static drawdown is easier than the 8%/5% two-phase, 10-day-minimum structure that was standard a few years ago, and a four-day payout cycle is faster than most. If every firm honoured its terms identically, QT Funded would be an easy recommendation on price and flexibility.
Verdict: Is QT Funded Worth It?
The offer is real and the rules are good. QT One in particular removes the restrictions traders complain about everywhere else, and at promotional pricing the cost of finding out is small.
If you decide to try it, the practical advice from the complaint pattern is specific: start at the smallest account size, treat the fee as spent money, withdraw early and in small amounts rather than letting a balance build, complete KYC before you need it, and keep every email and payout certificate. Traders reporting smooth experiences are overwhelmingly the ones taking modest, frequent payouts.
If you are not willing to lose the fee and the profits, this is not the firm to prove that on right now. Current QT Funded plans and promotional pricing are here, and it is worth re-checking the live Trustpilot feed the day you buy.
Frequently Asked Questions
Is QT Funded legit? It is a real, operating business — Quant Tekel Ltd, founded 2023, registered in London, with a claimed 125,000 traders and $17 million paid out, and thousands of positive Trustpilot reviews. It is not regulated for the evaluation service it sells, and it currently has a substantial and unanswered volume of payout complaints. Both things are true at once.
Does QT Funded actually pay? Many traders confirm they have been paid, often within days, and small withdrawals appear to clear normally. A significant minority report approved payouts that were delayed for weeks or never arrived, and that pattern gets worse with larger sums. QT Funded’s own payout terms are set out here.
How much does a QT Funded challenge cost? At the $25,000 size during the September promotion: QT Two $70, QT Instant $115, QT One $175, each roughly half the standard price. Accounts run from $5,000 to $200,000. All fees are non-refundable.
