Quant Tekel Review 2025: Pros, Cons, and Trader Insights

Introduction

Quant Tekel, a proprietary trading firm headquartered in South Africa, has been gaining traction since its launch in October 2023. Formerly known as AscendX Capital, it rebranded to Quant Tekel in September 2024. The firm offers traders access to virtual capital accounts ranging from $10,000 to $200,000, with the possibility of scaling up to $2 million and earning up to 90% of profits.

Quant Tekel supports a range of popular platforms—including MetaTrader 5, cTrader, DXTrade, and TradeLocker—and provides flexible challenge models. However, its virtual funding model and lack of prop firm regulation raise some caution flags. This 2025 review breaks down what Quant Tekel actually offers, its strengths, its risks, and how it stacks up to the competition.

What Quant Tekel Offers

Quant Tekel provides access to demo trading capital via three evaluation models, suitable for various skill levels:

Evaluation Models:

1-Step Challenge
Profit Target: 10%
Daily Drawdown: 3%
Max Drawdown: 6%
Fee Range: $70 – $670.50

2-Step Challenge
Profit Target: 7% in Phase 1, 5% in Phase 2
Daily Drawdown: 4%
Max Drawdown: 10%
Fees Start at: $59.50

3-Step Challenge
Profit Target: 6% consistently
Daily Drawdown: 4%
Max Drawdown: 8%
Fees Start at: $50.50

There is no strict time limit to complete these challenges, making them appealing for swing traders or part-time traders.

Profit Split and Scaling
Profit Share: Starts at 80% and can increase to 90% based on consistent performance
Scaling Plan: Traders can grow their account up to $2 million by hitting set milestones
Payouts: Processed biweekly, typically within 1–2 business days
Refunds: Challenge fees may be refunded after successful funding and first payout

Trading Platforms
Quant Tekel supports multiple trading platforms including MetaTrader 4, MetaTrader 5, DXTrade, cTrader, and TradeLocker. Platform availability may vary by region or broker. For example, MT5 may not be available to traders in certain jurisdictions such as the US. All platforms support mobile trading, automated strategies using expert advisors (EAs), and custom indicators.

Leverage and Instruments
Leverage:
Forex – up to 1:100
Gold and indices – up to 1:20
Cryptocurrencies – up to 1:2

Available Instruments:
Forex pairs, commodities (such as gold and oil), major indices, and crypto-CFDs. However, there are currently no futures or stock CFDs available through the evaluation accounts.

Trading Rules
Quant Tekel allows the use of EAs, swing trading, and copy trading. However, it prohibits high-frequency trading, group hedging, and trading during high-impact news (typically restricted 5 minutes before and after a major release). Violating these rules can lead to a reset or failure of the challenge.

Additional Perks
The firm offers a free trial challenge, a referral program, and a growing Discord community. The trial provides a risk-free way to explore the platform and rules before committing to a paid challenge.

Reputation and Feedback

Quant Tekel’s reputation is mixed as of mid-2025:

Positive Feedback:
Trustpilot displays a 4.5-star rating based on over 7,000 reviews. Many traders praise the generous profit splits, variety of platforms, and the availability of a free trial. The active Discord community also receives positive mentions for providing support and updates.

Negative Feedback:
About 11% of Trustpilot reviews are one-star, often citing delayed customer service responses and issues around payout verification. Traders Union gives it a low score of 3.07/10, flagging the lack of regulation and virtual-only funding model. Firm Funded also gives it low marks for safety and asset diversity but acknowledges decent scores for platform variety and profit sharing.

Strengths of Quant Tekel

High profit split potential, up to 90%
Flexible evaluations with multiple challenge types
Supports a wide range of trading platforms, including TradeLocker
Competitive pricing for evaluations
Free trial and active trader community

Weaknesses to Consider

No regulation for the prop firm division (Quant Tekel LLC)
Uses virtual funding, not real capital
Limited asset classes (no stocks or futures)
No live chat support; limited to email and Discord
Restricts certain strategies like news trading and scalping

How It Compares to Competitors

Feature	Quant Tekel	Hola Prime	SabioTrade
Max Loss (%)	6	5	6
Max Leverage	1:100	1:100	1:30
News Trading	No	Yes	Yes
Scalping	No	No	Yes
Copy Trading	Yes	No	No
Regulation	No (for prop)	Yes	Yes
Crypto Deposits	No	Yes	Yes

Quant Tekel’s high leverage and copy trading support are advantages, but its lack of regulation and limits on news trading make it less attractive to traders using advanced strategies.

Deposits and Withdrawals

Quant Tekel supports bank card transactions for both deposits and withdrawals. Some regions may also have access to additional options like wire transfers or crypto, but availability varies. Unlike other firms, there is no support for PayPal, Skrill, or Wise. Withdrawals are processed on-demand, but the limited payment options may be inconvenient for some users.

Getting Started

To start, choose an evaluation type, create an account, and pay a one-time fee. After that, traders receive access to their funded challenge account, a demo trial, trade analytics, and support resources. Educational content such as blogs and webinars is also available, though registration is required to access most of it.

Is Quant Tekel Worth It?

Quant Tekel is best suited for experienced traders who are comfortable with virtual funding and can follow strict rule sets. Its high profit split, wide platform support, and flexible evaluations make it appealing to skilled traders looking to scale. However, the absence of regulation, limited instruments, and trading restrictions may be deal-breakers for those prioritizing safety and flexibility.

If you’re willing to accept the risks, the free trial provides a good opportunity to test the waters before committing. Just be sure to read the fine print and understand the limitations before diving in.

Where to Learn More

Looking to Automate Your Trading with TradeLocker + Quant Tekel Funding?

If you’re interested in automating your trades using TradeLocker while being funded by Quant Tekel, check out PickMyTrade a platform designed to streamline strategy automation for funded traders

Quant Tekel Review 2025: Is This Prop Firm Worth Your Time?