QT Funded sells evaluations for simulated trading accounts. Its evaluations page offers account sizes from $5K to $200K, each for a one-time fee. The plan comparison covers three plans: QT One (one step), QT Two (two steps) and QT Instant (no evaluation). The same page also lists two newer plans, QT Power and Buy Now Pay Later. Accounts run on MetaTrader 5 or TradeLocker.
The firm's Terms of Service say all accounts are demo accounts with simulated funds. The Terms name Quant Tekel LLC Limited, registered in St. Vincent & the Grenadines, as the company behind the site. The About page calls QT Funded “the proprietary trading arm of Quant Tekel”. This review uses only the firm's own pages. Those pages disagree on several rules, and we point out each case below.
Everything in this review comes from QT Funded's own web pages, saved on 11 October 2026. Rules and prices change, so check the firm's site before you buy.
| Highest profit split | Up to 100% source Firm's wording: “Up to 100% Reward Split” |
|---|---|
| Account types | 1-Step evaluation, 2-Step evaluation, Instant funding (no evaluation) source |
| Platforms | MetaTrader 5, TradeLocker source |
| Allowed / offered on at least one account type | Rules can differ between account types — check the linked page for the account you want. |
| US traders | Accepted (check any conditions on the linked page) source |
| Restricted countries named | Cyprus, Iran, North Korea, Russia, Sudan, Syria source Countries the firm names. Its list may also refer to sanctions lists or other countries — check the linked page. |
The evaluations page compares the three main plans side by side. These are the headline figures it showed:
| Plan | Type | Profit target | Daily drawdown | Max drawdown | Profit split | Payout cycle | Account sizes |
|---|---|---|---|---|---|---|---|
| QT One | 1 step | 6% | 3% trailing | 6% static | 70% | 4 days | $5K to $100K |
| QT Two | 2 step | 8% then 5% | 4% | 8% | 80% | 14 days | $10K to $200K |
| QT Instant | No evaluation | None | 3% fixed | 6% trailing | 100% | 4 days | $5K to $100K |
The page lists QT Power as a newer plan. Its card shows a 6% profit target, an 80% profit split, a 14-day payout cycle, an 8% maximum drawdown and account sizes from $5K to $100K. The Terms say each QT Power evaluation phase has a 6% target, with a 4% daily drawdown and an 8% maximum drawdown, both fixed to the original balance. They also require at least four trading days in each phase.
Buy Now Pay Later is the other newer plan. Its card shows a 6% profit target, an 80% profit split, a 14-day payout cycle, a 6% trailing maximum drawdown and an activation fee of $180. The Terms describe a BNPL 1-Step programme in five stages: pay the evaluation fee, reach the target, pass a Risk Review, pay the activation fee, then receive the funded account.
The Terms also have a section for QT 2-Step Elite, with targets of 7% then 5% and no profit cap during the evaluation. We did not see this plan on the evaluations page. The About page, however, lists QT 2-Step, QT 2-Step Elite and QT Instant as the firm's three plans.
Every plan card is marked “one time fee”. Each card showed two figures, for example $56 and $140 on the QT Two card, while an October offer banner ran across the site. The saved page does not say which account size these figures are for, or which one is the regular price, so we do not list prices by account size. The Terms say the firm works “on a one-time payment model only” and does not enrol customers in recurring billing. They also say all purchases are non-refundable.
The evaluations page has a fuller comparison of the three main plans. Two of these rows are marked as applying to the funded stage:
| Rule | QT One | QT Two | QT Instant |
|---|---|---|---|
| Consistency score | None | None | 30% |
| Stop loss rule | None | Within 60 seconds | Within 60 seconds |
| Risk exposure on funded stage | 1% max floating loss | 1% max floating; 1st violation is a soft breach, 2nd is a hard breach | 1% max per symbol |
| Min trading days when funded | 4 | 4 at +0.5% | 4 at +1% |
| Inactivity rule | 7 days | None | 14 days |
| Drawdown lock on withdrawal | None | None | Yes, +3% buffer |
The home page says QT One has “no minimum trading days” and that the 6% target can be reached in one day. Its FAQ says the other evaluation types have a minimum number of trading days, shown on the dashboard.
The Terms of Service (last updated 19 February 2026) give different figures from the evaluations page in several places. We show the evaluations page in the tables because it uses the plan names on sale. Check the current rules before you buy.
On QT Instant the two sources agree on the 3% fixed daily drawdown and the 6% trailing maximum drawdown. The Terms explain that the trailing drawdown follows the highest balance or equity until the account reaches its starting balance. After an approved withdrawal it becomes fixed at the starting balance.
For the QT 2-Step and QT 2-Step Elite sections, the Terms say total exposure must not exceed 75% of the daily drawdown limit. Under QT 2-Step, if exposure reaches that level, the Risk Team may decline progression to a funded account or reset the evaluation to Phase One.
The firm's pages do not give one answer on news trading. The home page says QT One has “no news rule”. The evaluations comparison shows no news rule for QT One and QT Instant, but marks QT Two “Restricted - profit forfeited”. The QT Power card says traders can “Trade the news freely”.
The Terms' general rules, which apply to all programmes unless otherwise stated, ban opening or closing positions from five minutes before to five minutes after a restricted news event. Changing stop-loss and take-profit orders and cancelling pending orders stay allowed. The BNPL 1-Step section says news trading is permitted. The Terms' Responsible Trading Policy also asks traders to refrain from “news trading”. Confirm the rule for your plan before trading around news.
After passing, traders complete an identity check on the dashboard. Once the firm verifies the results, it sends a contract to sign. The home-page FAQ says this should take no more than two business days, and that most clients get their account within 24 hours. The Terms say funded trader agreements are sent through DigiSigner.
Payouts are requested with the Request Payout button on the home page and paid to a crypto wallet. The firm says it aims to approve payouts within one business day. The home-page FAQ says withdrawals can be requested every four trading days on QT One, every seven days on Instant and once every two weeks on QT Two. The evaluations comparison shows a four-day payout cycle for QT Instant, so the two pages disagree on Instant. The Terms say a trader must finish the next payout cycle after an approved withdrawal before asking again. The firm may ask for extra verification before any withdrawal.
The evaluations page shows 70% on QT One, 80% on QT Two and 100% on QT Instant. The About page says traders start at 80% and can add 10% at checkout, and that splits can reach 90% through a Scaling Plan. We did not see a page setting out the Scaling Plan.
All three main plans list MT5 and TradeLocker. The jurisdictional notice says the firm may onboard US clients, but MetaQuotes-based services such as MT5 are not available to US residents, who may use TradeLocker instead.
The Futures page was marked “Coming Soon” and invited traders to register for launch. We did not find a list of tradable instruments on the QT Funded pages we saved.
The QT Capital page describes a later stage for funded traders, with daily payouts and a monthly salary “starting at $3,000”. It was also marked as coming soon. The Terms say QT Capital is simulated and invitation-only. A trader who joins forfeits all QT Funded accounts and any pending profit share, and cannot hold QT Funded accounts while taking part.
The Terms of Service name Quant Tekel LLC Limited, registered in St. Vincent & the Grenadines at EuroHouse, Richmond Hill Road, Kingstown. They give support@qtfunded.com as the contact email. The site footer says Quant Tekel LLC provides the virtual proprietary trading programmes through simulated environments. It adds that all QTFunded services are provided by Quant Tekel SVG and that customers contract with that entity. Payments are processed by Quant Tekel Ltd (Company Number 15923693), with a registered office at 1 Canada Square, Canary Wharf, London. The footer says this company handles treasury for the group and does not provide regulated financial or trading services. The Terms also name Odeonpay ALE S.R.L. (“Paysagi”) as Merchant of Record for settling payments. The Terms are governed by the laws of South Africa.
The site footer says the FSCA-authorised firm is Quant Tekel (Pty) Ltd, a separate brokerage entity serving permitted jurisdictions via quanttekel.com. It also says QTFunded.com does not offer brokerage, CFD trading or live market access. The footer adds that the prop programmes are not meant to give access to live trading or regulated financial instruments. The About page says QT Funded is “regulated by the Financial Sector Conduct Authority in South Africa (FSCA licence 53227)”. The site footer contradicts this. We rely on the footer: none of the firm's pages says that Quant Tekel SVG or Quant Tekel LLC, the entities behind QT Funded, holds a financial licence.
The programmes are not available to residents of Cyprus, Iran, North Korea, Sudan, Syria or Russia, or anywhere the offering would break local law. Users must be over 18. The Terms list Visa, Mastercard, American Express, PayPal and cryptocurrency as payment methods. They say fees are not refundable because the service is delivered straight after purchase. The Terms' Cancellation clause also mentions cancelling a subscription, while another clause says the firm uses one-time payments only.
The home page claims 125,000+ traders and more than $17,000,000 paid out to traders. The About page says the firm was founded in 2023. The firm's figures for countries served vary from page to page: 182+ on the home page, 180+ on the About page and 110+ on the evaluations page. The About page text says the firm serves over 120,000 traders, while a counter on the same page shows 125K+ traders funded. We have not verified any of these figures.
QT One may suit traders who want a single 6% target with no minimum trading days on the evaluation and a four-trading-day withdrawal cycle, and who accept a 70% split. QT Instant suits traders who want to skip the evaluation, but its consistency rule and minimum trading days differ between the evaluations page and the Terms. Traders who trade around news should check their plan's rule first, because the firm's pages and Terms give different answers.
MyPropGenius Rating:
The rating measures how openly QT Funded discloses its rules, pricing, payouts and ownership (our Transparency Index methodology). It does not measure how likely you are to pass or be paid.
Check the current rules and prices on the firm's own website before you buy.
MyPropGenius may receive compensation if you sign up through our links. This does not affect our ratings or review integrity.
QT Funded sells one-time-fee evaluations for simulated accounts from $5K to $200K, with a one-step QT One plan, a two-step QT Two plan and a no-evaluation QT Instant plan. Its evaluations page and its Terms of Service disagree on several rules, including two-step targets and drawdowns, Instant consistency and news trading. Check the current rules for your plan with the firm before buying, and note that the site footer says the FSCA licence belongs to a separate broker, Quant Tekel (Pty) Ltd, not to QT Funded, even though the About page says otherwise.
Tell our finder how you trade and it will check every firm we track against your requirements.
Find My MatchThe firm's footer does not say QT Funded is regulated. It says the FSCA licence (FSP No. 53227) belongs to Quant Tekel (Pty) Ltd, a separate brokerage entity, that QT Funded's simulated programmes are provided by Quant Tekel SVG, an offshore entity in St. Vincent and the Grenadines, and that QTFunded.com does not offer brokerage or live market access. The About page's statement that QT Funded is FSCA-regulated conflicts with this.
No. The Terms say all accounts are demo accounts with simulated funds.
The home-page FAQ says every four trading days on QT One, every seven days on Instant and every two weeks on QT Two. The evaluations page shows a four-day cycle for Instant.
It depends on the plan, and the pages disagree. The evaluations page shows no news rule on QT One and QT Instant, and a restriction on QT Two. The Terms ban trading five minutes either side of restricted news unless a programme says otherwise.
MetaTrader 5 and TradeLocker. The firm says it may onboard US clients, but MT5 is not available to US residents, who may use TradeLocker instead.
No. The Terms say all purchases are non-refundable.