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Fundex logoFundex
QT Funded logoQT Funded
Headquarters

World Trade Center 200-B, Suite 306, Calle 53 Este, Marbella, Panama City

Cape Town, South Africa, Western Cape, 7764, ZA

Country

Panama

South Africa

Foundation

2025

2023

Banned Countries
Pakistan, Afghanistan, Myanmar, Iraq, Somalia, Sudan, South Sudan, Libya, Yemen, United Arab Emirates, North Korea, Iran, Syria, Cuba, Belarus, Russia
Cyprus, Iran, North Korea (Democratic People's Republic of Korea), Sudan, Syria, Russia
CEO

Tanswell Sassman

Assets
Forex, Commodities, Indices, Stocks, ETFs, Crypto
Forex, Commodities, Indices, Crypto
Brokers

Pure Market for CFDs. Bitunix provides the market conditions and pricing for crypto perpetuals traded through Fundex Terminal.

Quant Tekel
Refund
✗
✓
Platforms
MatchTrader, Propietary Platform
Metatrader 5, cTrader, TradeLocker
Payout Methods
Rise
Crypto, Transfer, Card
Payment Methods
Card, Crypto, ApplePay, GooglePay
Crypto, Transfer, Card, PayPal
Payout Frequency

On demand, with no fixed windows, waiting periods or limit on request frequency. Fundex states that most requests are processed within 60 minutes and all within a maximum of 24 hours, including weekends and public holidays.

  • QT ONE: 4-day cycle
  • QT TWO: 14-day cycle
  • QT INSTANT: 4-day cycle
  • QT Power: 14-day cycle for accounts purchased from August 11, 2026. Accounts purchased on or before August 10 receive the first payout on demand, then move to a 14-day cycle.
  • QT 1 Step (BNPL): 14-day standard cycle
  • QT Bonus (promotional accounts): 30-day cycle
Alternative Currency
GBP
Crypto Weekend Trading
✓
Maximum Withdrawal

No published maximum.

Minimum Withdrawal

$50

1% of profit ($100 min) — except QT INSTANT: 5% of profit, and a 3% buffer applies (8% profit must be reached before the first payout request).

Demo Account
Metatrader 5
ID:10255137
Password:6M!3h%PzFr
Server:QuantTekel-Server
TradeLocker
ID:spreads@qtfunded.com
Password:5Tagx>J}SnpK
Server:QTEKEL
Forex
100:1
50:1
Metals

CFDs: up to 20:1. Fundex Terminal: 1:1 or 2:1, depending on the instrument.

15:1
Energies
20:1
10:1
Indices
20:1
20:1
Stocks
1:1
Crypto

Up to 4:1 on BTCUSDT and ETHUSDT; up to 2:1 on other cryptocurrencies, with some instruments limited to 1:1.

1:1
Crypto
0.02% - 0.06%
4 / lot
Forex
4 / lot
Metals
4 / lot
Energies
4 / lot
Indices
4 / lot
Commission-Free Option
✓
Swap Free
✓
Add-ons
✗
✓
Instant
✗
✓
One Step
✗
✓
Account scaling
✗
✓
Two Steps
✓
✓
Max Drawdown
  • 2-Step Classic: Evaluation uses a 10% static maximum drawdown from the starting balance, measured on equity and reset when Phase 2 begins. Once funded, a 10% drop from the original balance while in B-Book causes a permanent breach.
  • 2-Step Pro: 8% static maximum drawdown.
  • QT ONE: 6% static
  • QT TWO: 8% static
  • QT INSTANT: 6% trailing, locked at starting balance once a withdrawal is made
  • QT Power: 8% static
  • QT 1 Step (BNPL): 6% trailing
Profit Split

2-Step Classic starts at a 70% trader profit split. 2-Step Pro starts at 80%. The split applies to eligible A-Book profits generated above the starting balance and after clearing any prior B-Book offset; on 2-Step Pro it is calculated when the payout is requested. Fundex's legal terms state that payments are discretionary bonuses rather than a fixed contractual split.

  • QT ONE: 70%
  • QT TWO: 80%
  • QT INSTANT: 100%
  • QT Power: 80%
  • QT 1 Step (BNPL): 80%
    Upgradeable to 90% with the "10% Profit Split Extra" add-on on eligible plans.
Free Trial
✓
✗
Profit After Breach

Evaluation: reaching the daily or total loss threshold causes a breach. Funded: permanent breach follows four consecutive unrecovered B-Book switches, or a 10% decline from the original balance while the account is in B-Book.

dailyDrawdown

Evaluation: 5%, recalculated at 00:00 UTC from the balance at that time and measured on equity. There is no daily loss limit at the funded stage.

  • QT ONE: 3% trailing (fixed amount, threshold recalculated daily on the higher of previous close balance or equity)
  • QT TWO: 4% fixed (balance-based)
  • QT INSTANT: 3% fixed
  • QT Power: 4% fixed
  • QT 1 Step (BNPL): 3% daily trailing
Three Steps
✗
✗
Max Allocation
400,000
  • Max total funded allocation: $300,000
  • Max Instant funded allocation: $100,000
  • No duplicate asset trading when at limit
Maximum Accounts

Multiple evaluations and accounts are allowed. Total funded allocation is capped at $400,000.

Merge Accounts
✓
✓
Maximum Trading Days

No maximum time limit.

Unlimited

Minimum Trading Days
  • 2-Step Classic: 5 days in each evaluation phase. To count, at least one trade must be opened with a notional value of at least 5% of the account balance before leverage.
  • 2-Step Pro: No minimum trading days.
  • QT ONE: no minimum on the evaluation (can pass in a single day); 4 days when funded
  • QT TWO: 4 days per phase
  • QT INSTANT: 4 days when funded
  • QT Power: 4 days in each evaluation phase and 4 days per funded payout cycle
  • QT 1 Step (BNPL): no minimum on the evaluation; 5 days when funded
Monthly Competition
✗
✗
Account Reset

Phase 2 reset available with add-on

Minimum Profitable Days
  • QT TWO: 4 days of +0.5% profit per cycle
  • QT INSTANT: 4 days of +1% profit per cycle
  • QT ONE: not required
Expert Advisor (EA)
✓
~
VPN
✗
✓
Hedging
~
✓
Requires Stop Loss
✗
✓
Scalping
~
✓
Stacking / Layering (DCA)
✗
✗
allowsMartingale
✗
Maximum Risk Limit
~
✓
Copy Trading
✗
✓
News Trading
✓
~
Consistency Rule
✗
✓
Hold Weekend
✓
✓
Prohibited Strategies
  • Latency arbitrage, spike catching and tick manipulation
  • Exploiting errors, price-feed delays or technical malfunctions
  • HFT inconsistent with realistic retail trading
  • Martingale, grid and all-in betting
  • Hedging or arbitrage across accounts or firms
  • Copy trading, replicated signals and self-copy trading
  • Front-running and use of non-public information
  • Market manipulation, order spamming and toxic flow
  • Materially changing strategy after passing the evaluation
  • Gambling behaviour, overleveraging or correlated position stacking
  • All-or-Nothing
  • Latency Trading
  • Arbitrage Trading
  • High-Frequency Trading
  • Tick scalping
  • Reverse Trading or Group Hedging
  • Order book spamming
  • Flooding the server with messages due to incorrect use of algorithm
  • One side betting
  • Trading behaviours that the Risk Department deem Toxic
hasInactivityRule
  • QT TWO: no inactivity rule
  • QT INSTANT, QT Power, QT 1 Step (BNPL): 14 days
  • QT ONE: the comparison table states 7 days while the plan article states 14 days; confirm with support before relying on it.
    The period runs from the purchase date if no trade has been placed, or from the most recent closed trade.

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