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266 Reviews
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Reviews
4.0
Trader’s Satisfaction
$100K
2 Steps
Great prop firm with great conditions, currently the most affordable one. Even though the support staff have Holidays break, the Co-founder Alex still managed to get through the majority of us into the discord group even through this holiday season with ease. After my payout request it has been approved in 2 days and managed to receive it by Alex in half a day after. Overall a very promising prop firm which has promised to make the payout process simpler and faster. They evolved incredibly fast since the inception and as per the upcoming updates, it...
Market conditions and prices
From what I saw into discord group, there are few complaints on there about the fact that after traders request, it takes a while for them to receive it even after approvals.
4.0
User Friendliness
4.0
Payout Process
4.0
Customer Care
5.0
Trading Conditions
Reviews
5.0
Trader’s Satisfaction
$50K
2 Steps
"Quantekel for the WIN! Huge shoutout to Alex, the co-founder, for making my Christmas! Just got my FIRST PAYOUT as a trader with these guys, and I'm HYPED! Honestly, I thought the holiday season would delay everything, but Alex came through like a BOSS - even while on vacation! Mad respect for the dedication and transparency, Alex! You're a legend, fam! Quantekel's got a trader for life in me! Highly recommend!"
Less 1 Month
1
1
Support and no payout denials
Everything is good
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
5.0
Trading Conditions
Reviews
5.0
Trader’s Satisfaction
$10K
2 Steps
I've been with them a while, and they've always paid on time without any issues. Follow their rules, and you'll get paid—it's that simple. I'd recommend them.
6 Months +
3
3
Knowing you'll get paid if you follow their rules.
That you had to figure out your payout date yourself, but they're fixing that, so you'll see it on the dashboard soon.
4.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
5.0
Trading Conditions
Reviews
5.0
Trader’s Satisfaction
$100K
2 Steps
Ive been with this prop firm since it was AscendX and I must say someday its stressful, but personaly i believe this prop firm has so much space for growth, the improvement i've seen since im here is unbelieveable. Just recieved my payout so i can proudfuly say how much im grateful for this prop firm, the support, the executives and overall this prop. Much thanks once again.
1 Month +
1
5
Staff Dashboard Improvements
Strict rules
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
4.0
Trading Conditions
Reviews
5.0
Trader’s Satisfaction
$100K
2 Steps
I really like to trade with this firm because of raw spreads and no slippage at all. The customer service is very fast and polite. I want to work with therm for long term
Affordable price
Raw spreads
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
5.0
Trading Conditions
Reviews
1.0
Trader’s Satisfaction
$100K
2 Steps
This is the worst prop firm out there, u r never sure if u will be paid or get the things solved in short notice… Firdt of all they have stupid rules, like from opening a position u can’t modify it after 15 seconds to 2 minutes, then u can’t have more then 3 positions on same pair, u cant trade all day if there is all day red news for that currency… and fee others… I got banned for bo reason, they don’t even bother to explain, they just day that the decision is final. Don’t fall because they may be cheaper then some, because you will be always in d...
Absolutely nothing
Everything
1.0
User Friendliness
1.0
Payout Process
1.0
Customer Care
1.0
Trading Conditions
Reason
Breach Reason
we have identified certain aspects that do not align with the standards and expectations
Summary
While waiting for an account reset for 10 days after a withdrawal i received mail stating : we have identified certain aspects that do not align with the standards and expectations. And after i reply for them to give me proof of explanation they just ignore it…it is final decision.
Images From Reporter
Reviews
1.0
Trader’s Satisfaction
$200K
2 Steps
Hello everybody. I want to tell you that I bought a 200k challenge from Quant Tekel (Ascendex at the time). I passed the challenge, without taking risks or breaking any rules. On the funded account I also opened trades without major risks and without making mistakes. I am a trader who has already gone through several challenges with other prop firms and I have already had several payments. I've been a trader for a long time and this is my full-time job. I made the payment request to Quant Tekel (Ascendax) on August 19, 2024, with the amount of 303...
3 Months +
3
Nothing.... just the price was good and I tried to take advantage. But as we all know, cheap is expensive.
They haven't paid me yet
1.0
User Friendliness
1.0
Payout Process
1.0
Customer Care
1.0
Trading Conditions
Reason
Breach Reason
No reasen
Summary
I asked them to pay me since August 19th, but they never paid me. I have sent several emails and they always say they will resolve my situation. They even said that they had already paid me. but they never paid me. They are constantly running away to pay me.
Images From Reporter
Reviews
5.0
Trader’s Satisfaction
$50K
2 Steps
I am replacing a previous review my account was breached for coordinated trading I received a notice by email. I contested this with the risk team but didn’t get much of a response at first and to be honest I wasn’t very happy hence my previous review. Since then I have been in touch with the CEO of Quant Tekel who is an absolute gent he has kindly had my case reviewed and I can report today my account has been reactivated. So a big thank you and 5 stars all round from me.
Spreads and customer service
Nothing to report as yet
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
5.0
Trading Conditions
Reviews
5.0
Trader’s Satisfaction
$100K
2 Steps
I´m funded 200k in total with this this firm and received my first payout. Everything was smooth and I got payed quickly. Support is very helpful and reacts quick to tickets and in the Discord. They have on funded accounts on their classic plans some rules I wish they had not e.g. 2 days with 0,5% profit within 14 days. Which makes it a bit complicated for swing traders like me. I sometimes don´t even have a new trade within 14 days, so I have to split one trade into two trades and close them on two separate days. No big deal, but a bit complicate...
3 Months +
2
3
Responsive and good support, good trading conditions, they keep constantly improving things
"2 days with 0,5% profit within 14 days" rule
4.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
5.0
Trading Conditions
Reviews
2.0
Trader’s Satisfaction
$200K
2 Steps
Trading conditions work fine with QuantTekel. Unfortunately I have to recommend to go for a different prop firm. I requested a payout, yet they came up with a BS reason why they're not going to pay. They told me I would have to do another payout cycle again, including getting two extra trading days of 0.5% profit AGAIN. Their reason for denial: 'We currently are busy updating the payout date in the dashboard, thus you'll have to do the entire payout cycle, including the trading day requirements, all over again." This is ridiculous!
Trading conditions
Customer service, payout process, communication, clear
3.0
User Friendliness
1.0
Payout Process
1.0
Customer Care
5.0
Trading Conditions
Denied Amount
Reason
Denied Reason
The firm is implementing a new feature and find this a valid reason to deny my payout & reset my payout requirements
Summary
The firm states it's implementing a new feature. Which they claim gives them the right to deny my payout & completely reset my trading cycle. This means that all payout requirements, which were met for this payout request, have to be done ALL OVER AGAIN. For example, they claim I'll have to re-do the two 0.5% profit trading days again and wait until the next payout. Them implementing a feature is NOT a valid reason to deny my payout and reset my payout cycle.
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