Cutting-edge technology meets unparalleled trading opportunities. As a leader in the trading industry, Quant Tekel Former Ascendx Capital provides traders with cutting-edge tools, best-in-class platforms, and an active community. If you’re an aspiring trader or an experienced professional, QT (Quant Tekel) is your partner in achieving trading success.
Explore the possibilities of prop trading with Quant Tekel, a platform that opens doors to funding opportunities up to $200,000.
Setting itself apart with an above-industry-standard profit share of 90%, Quant Tekel aims to provide traders with favorable conditions for their financial journey.
In this review, we’ll delve into the offerings of Quant Tekel, evaluating its funding structure, profit-sharing model, and overall suitability for traders seeking a prop firm to partner with.
Who Are Quant Tekel?
Quant Tekel (Former Ascendx Capital) , founded by former investment banker Scott, emerges as a distinctive player in the financial arena. Leveraging his extensive experience with esteemed institutions like Credit Suisse, Deutsche Bank, and Barclays, Scott identified the need to empower retail investors in wealth-building beyond conventional methods.
Quant Tekel a product of this vision, aims to bridge the gap between retail and institutional trading, offering a unique platform for emerging traders.
Joining Quant Tekel means stepping into a community-driven space both online and in person, with Scott’s commitment to providing payouts and nurturing trading talent.
By the Numbers
Embark on a journey of trading excellence with Quant Tekel, your gateway to global markets.
180+ Countries:
Quant Tekel extends its reach to over 180 countries, creating a truly global community of traders. Whether you’re in North America, Europe, Asia, or elsewhere, Quant Tekel provides access to its platform.
4-Hour Average Payout Processing Time:
Experience swift and efficient payout processing with Quant Tekel, ensuring that you receive your earnings promptly. The 4-hour average processing time reflects Quant Tekel’s commitment to providing timely payouts to its traders.
Quant Tekel stands out by not only offering access to a wide range of global markets but also by prioritizing efficiency in its payout procedures, making it an ideal choice for traders seeking both diversity and prompt returns.
Quant Tekel Evaluation Programs Overview
Quant Tekel offers traders a choice of flexible evaluation programs, each designed to cater to different levels of trading expertise and capital needs. With 1 Phase, 2 Phase, and 3 Phase evaluation models, traders can choose the program that best fits their trading style and growth objectives. Each evaluation program is designed to facilitate growth, offer realistic profit targets, and provide traders with the freedom to manage their trades without restrictive time limits.
1 Phase Evaluation Program
For traders seeking a straightforward evaluation path, the 1 Phase Evaluation Program provides an efficient way to reach funding with just one phase. With a 90% profit share and payout cycles every 14 days, traders can quickly access their earnings once funded. This model is particularly appealing to those who prefer a simpler route with clear targets.
Key Highlights:
- Evaluation Sizes: $10K, $25K, $50K, $100K, and $200K accounts.
- Profit Target: 10% for each evaluation size.
- Max Drawdown: 6%, Daily Drawdown: 3%.
- Pricing: Starts as low as $70 for a $10K account, going up to $670.50 for a $200K account (prices reflect current discounts).
2 Phase Evaluation Program
The 2 Phase Evaluation Program is ideal for traders who appreciate a phased progression towards funding, offering a balance between challenge and reward. It comes with lower profit targets across each phase, allowing traders to ease into their trading plan while maintaining the same 90% profit share.
Key Highlights:
- Evaluation Sizes: $10K, $25K, $50K, $100K, and $200K accounts.
- Phase 1 Profit Target: 7%, Phase 2 Profit Target: 5%.
- Max Drawdown: 10%, Daily Drawdown: 4%.
- Pricing: Starts at $59.50 for a $10K account and goes up to $600 for a $200K account.
- Payout Cycle: Every 14 days, ensuring timely access to profits once funded.
3 Phase Evaluation Program
For those who prefer a more structured progression, the 3-Phase Evaluation Program offers an incremental approach to funding. It allows traders to advance through multiple stages, testing and refining their strategies at each step. This model is well-suited for traders who appreciate having more milestones before reaching the funded stage.
Key Highlights:
- Evaluation Sizes: $10K, $25K, $50K, $100K, and $200K accounts.
- Profit Targets: 6% for each phase (Phase 1, Phase 2, and Phase 3).
- Max Drawdown: 8%, Daily Drawdown: 4%.
- Pricing: Starting from $50.50 for a $10K account, with the highest tier being $497.50 for a $200K account.
- Payout Cycle: Every 14 days once traders reach the funded stage.
Why Choose Quant Tekel’s Evaluation Programs?
90% Profit Split: Quant Tekel ensures that traders keep the majority of their profits, providing an industry-leading 90% share in the funded phase.
Flexibility Without Time Constraints: Trade at your own pace with no time limits, restrictions, or constraints on trading styles, including the use of EAs and news trading.
Realistic Profit Targets: With targets as low as 6-10%, the programs are designed to set traders up for success without imposing unrealistic expectations.
Quick Access to Earnings: Traders can enjoy bi-weekly payouts, facilitated by a range of payment gateways for fast and convenient access to their funds.
Competitive Pricing: Discounts make the entry to these programs more accessible, ensuring that traders get high value for their investment.
Quant Tekel’s evaluation programs combine simplicity, flexibility, and favorable conditions to create an environment where traders can grow, develop, and succeed on their path to becoming funded professionals.
Quant Tekel Evaluation Process
Embark on your journey to becoming a Funded Ascendx Trader through a comprehensive two-phase evaluation process:
Phase 1: Skills Test
Put your trading prowess to the test in this initial phase. Trade for a minimum of 3 days, exhibiting your skills with your preferred instrument. The goal is to achieve a profit target of 7%, providing you with the opportunity to showcase your abilities without the constraints of time.
Phase 2: Advanced Showcase
Having triumphed in Phase 1, you now advance to the final step. Successfully passing the Phase 1 challenge opens the door to showcase your skills further. Aim for a 5% profit target, once again without any time constraints. This phase solidifies your readiness to become a Funded Ascendx Trader.
Become a Funded Trader:
Upon conquering both Phase 1 and Phase 2, you earn the coveted title of a Funded Quant Tekel Trader.
Trading with a 0% profit target, you’ll experience an unparalleled profit share of 90%, underscoring your success in the Ascendx pro challenge account as a funded prop trader.
Quant Tekel’s evaluation process is designed to bring out the best in traders, providing a clear path to becoming a successful Funded Quant Tekel Trader.
Quant Tekel: Elevating Your Trading Experience Above the Rest
Quant Tekel stands out in the competitive landscape of proprietary trading firms, offering unique features that set it apart:
Exceptional Profit Split:
Quant Tekel takes pride in its above-industry-standard profit share of 85%. Traders can enjoy a substantial portion of their earnings, fostering a rewarding trading experience.
Flexible Trading Without Time Limits:
Unlike many prop firms, Ascendx understands the importance of flexibility. Traders can execute their strategies without time constraints, ensuring well-informed decisions and optimal trading conditions.
Lowest Profit Targets:
Quant Tekel’s model introduces the most competitive and realistic profit targets in the market, with targets set at 7% and 5%. This lowers the bar for success and aligns with the trader’s best interests.
Rapid Payouts:
Traders can access their hard-earned money promptly, thanks to Quant Tekel’s integration with multiple payment gateways. Fast and efficient payouts contribute to a seamless trading experience.
Monthly Competitions:
Quant Tekel encourages traders to participate in free monthly competitions. This not only adds an element of excitement but also provides an avenue for winning exciting prizes and free evaluation accounts.
Lowest Commissions and Spreads:
Revolutionizing the trading industry, Quant Tekel offers lightning-fast execution, super-tight spreads, and the lowest commissions on trades. This ensures cost-effectiveness and maximizes traders’ profitability.
Trade Without Restrictions:
Quant Tekel breaks free from conventional restrictions. Traders can employ any strategy, use Expert Advisors (EAs), and trade through news events. Complete trading freedom empowers traders to explore diverse approaches.
In summary, Quant Tekel distinguishes itself by prioritizing trader benefits, offering unmatched profit shares, flexibility, and a trader-centric environment. This commitment to excellence positions Ascendx as a premier choice for prop traders seeking a rewarding and unique trading journey.
Trading Instruments at Quant Tekel
Quant Tekel opens the door to a world of trading possibilities, allowing you to diversify your portfolio across various asset classes. Explore the trading instruments available to you:
FX (Forex):
- Engage in the dynamic and ever-changing world of foreign exchange.
- Trade major, minor, and exotic currency pairs.
- Leverage opportunities in the largest financial market.
Commodities:
- Tap into the commodities market for potential profit opportunities.
- Trade precious metals like gold and silver.
- Explore energy resources and agricultural products.
Indices:
- Access global stock market performance through indices.
- Trade on the collective value of a group of stocks.
- Diversify your investments with index trading.
Quant Tekel provides a versatile selection of trading instruments, catering to both novice and experienced traders. Whether you’re interested in the fast-paced Forex market, commodities with tangible value, or the broader market trends represented by indices, Quant Tekel ensures you have the tools to craft a well-rounded and diversified trading strategy.
Conclusion:
Quant Tekel emerges as a premier proprietary trading firm, prioritizing the empowerment of retail traders. Founded by former investment banker Scott, the firm sets itself apart through transparent evaluation programs, allowing traders to scale up to $200,000 in funded accounts.
In summary, Quant Tekel stands out for its innovative approach, providing a clear path to financial freedom through transparent evaluation programs, a strategic broker partnership, and trader-centric features. For those seeking a growth-oriented prop trading firm, Quant Tekel offers a compelling opportunity for success.