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Comparison · Forex

Track record of IQ Capital and QT Funded

Updated on

Who is behind each firm

IQ Capital is led by CEO Christoph Radecker and operates out of Gros Islet, Saint Lucia. The firm positions itself as a specialized provider in the forex and CFD space, offering a variety of trading environments including futures-ready setups. On the other hand, QT Funded is headed by Tanswell Sassman and is based in Cape Town, South Africa. QT Funded has recently shown signs of corporate expansion, notably through the acquisition of Titan Capital Markets in late 2026, which indicates an active strategy to consolidate its community and market presence.

How long they have been around

QT Funded provides a clear foundation date of 2023, making it a relatively young but rapidly growing entity in the industry. This growth is evidenced by a substantial volume of public feedback, boasting over 13,383 reviews on TrustPilot, which suggests a high level of user interaction and operational throughput. IQ Capital’s specific foundation date is not explicitly detailed in the provided records, but its operational footprint is reflected in 628 TrustPilot reviews. While IQ Capital has a smaller volume of public feedback, it maintains a presence in the offshore jurisdiction of Saint Lucia, a common hub for international financial services.

What they promise and what backs it

IQ Capital promises a high profit split of up to 90% and offers evaluation-based accounts like the "Core" and "Rapid" plans, alongside "Instant" funding options. These promises are backed by a diverse technical infrastructure that includes access to brokers like FXCM, Bybit, and BlackBull. Their risk rules are quite specific, such as a 1% risk limit in evaluation and a 15-second rule for scalping, which suggests a focus on sustainable trading habits rather than aggressive HFT strategies.

QT Funded offers a wider variety of account structures, including one-step, two-step, and instant accounts, with profit splits ranging from 70% to 100% on certain plans. Their backing is reinforced by their own brokerage environment, Quant Tekel, and a more rigid set of risk management rules, such as mandatory Stop Loss placement within 60 seconds for several account types. The acquisition of Titan Capital Markets further backs their promise of stability by showing they have the capital to expand their user base through corporate moves.

How they handle your money

IQ Capital utilizes bank transfers and cryptocurrencies (USDC ERC-20) for payouts, advertising a 48-hour processing guarantee or a 100% split for that period. Their payout frequency varies by plan, with the "Core" accounts requiring 10 active sessions. They support both USD and EUR as alternative currencies, providing some flexibility for international traders.

QT Funded offers a more extensive range of payment and payout methods, including Card, Crypto, Bank Transfer, and PayPal. Their payout cycles are highly competitive, with 4-day cycles available for the "QT ONE" and "QT INSTANT" plans. However, they do implement profit caps on specific accounts like the "QT TWO" and "QT 1 Step," which limits the amount of profit that can be carried over to the next cycle—a measure often used to manage liquidity and risk across a large user base.

Operational maturity

The operational maturity of both firms is visible through their platform offerings and asset diversity. IQ Capital provides advanced tools such as Volumetrica and TradingView alongside Metatrader 5, catering to technical traders who require specialized order flow or charting software. QT Funded leans towards popular retail platforms like Metatrader 5, cTrader, and TradeLocker, ensuring a broad appeal to the global trading community. QT Funded’s maturity is also signaled by its sophisticated "add-on" system, allowing users to customize their accounts with features like swap-free options or enhanced profit splits for an additional fee.

What the record does and does not tell you

This comparison highlights the visible structures of both firms: one operating from a traditional offshore hub with specialized platform access (IQ Capital) and another with a massive retail community and recent corporate acquisitions (QT Funded). However, a high number of reviews or a specific headquarters location does not provide a complete picture of internal liquidity or long-term financial stability. These data points represent the current market positioning and the public-facing rules of each firm, which traders must weigh against their own risk tolerance and trading style.

Frequently asked questions

Which firm is more affordable for a $100,000 evaluation, IQ Capital or QT Funded?

IQ Capital offers its "Core" 100K evaluation for $499 with a 90% profit split. In comparison, QT Funded offers the "QT TWO" 100K evaluation for $550 with an 80% profit split. While IQ Capital has a lower initial price for this specific tier, QT Funded provides an alternative in its "QT Power" 100K plan for $400, though it requires a $500 activation fee once funded, making IQ Capital the more cost-effective choice for the initial evaluation phase.

Between IQ Capital and QT Funded, which one allows for faster payouts?

IQ Capital’s "Rapid" plan allows for a payout after just one active session, though the account is limited to five total payouts. For its standard "Core" accounts, the wait is 10 active sessions. QT Funded offers a 4-day payout cycle on its "QT ONE" and "QT INSTANT" accounts, which provides a consistent and fast withdrawal schedule without the session-based limitations found in IQ Capital’s Rapid plan.

Which firm offers more trading platform options, IQ Capital or QT Funded?

Both firms provide Metatrader 5, but they differ in their secondary offerings. IQ Capital caters to specialized traders by offering Volumetrica and TradingView. QT Funded focuses on a different set of popular alternatives, providing cTrader and TradeLocker. Therefore, the choice depends on the trader's preference: IQ Capital is better for those needing order flow or TradingView integration, while QT Funded is better for those who prefer the cTrader ecosystem.

How do the inactivity rules compare between IQ Capital and QT Funded?

IQ Capital has a relatively strict inactivity rule, where an account is closed after 8 calendar days without trading activity. QT Funded is more lenient in this regard; its "QT TWO" plan has no inactivity rule at all, while its "Instant," "Power," and "1 Step" plans allow for up to 14 days of inactivity before the account is flagged. This makes QT Funded a more flexible option for traders who do not trade every week.

Field by field

IQ Capital and QT Funded, side by side

Rules, plans, platforms, leverage, commissions and payouts of both, with the option to see only what differs.

Head to head

55 differences

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Headquarters

Gros Islet, Saint Lucia

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

CEO

Christoph Radecker

Tanswell Sassman

Country

Saint Lucia

South Africa

Banned Countries
AF, BY, CF, CU, CD, ER, IR, IQ, LY, ML, MM, NI, KP, RU, SO, SS, SD, SY, VE, YE
Cyprus, Iran, North Korea (Democratic People's Republic of Korea), Sudan, Syria, Russia
Foundation
No data

2023

Assets
Forex, Indices, Commodities, Stocks, Crypto
Forex, Commodities, Indices, Crypto
Brokers
FXCM, Bybit, BlackBull, GBE
Quant Tekel
Platforms
Metatrader 5, Volumetrica, Tradingview
Metatrader 5, cTrader, TradeLocker
Payout Methods
Transfer, Crypto
Crypto, Transfer, Card
Payment Methods
Card, Crypto
Crypto, Transfer, Card, PayPal
Payout Frequency

Core and Instant: every 10 active sessions. Rapid Daily: after one session; the account ends after the fifth payout.

  • 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
Payout Guarantee

The website advertises processing within 48 hours or a 100% split on that payout. Bank transfer or USDC ERC-20 according to the help center.

No data
Alternative Currency
EUR
GBP
Crypto Weekend Trading
Yes
No data
Maximum Withdrawal

Up to 50% of profits per request, before the split. Core 50K: $1,500/$2,000/$2,500 for payouts 1-2/3-4/5+; 100K: $2,000/$2,500/$3,000; 200K: $3,000/$3,500/$4,000. Rapid 50K: $1,000 for the first two, then $1,500; 100K: $1,500/$2,000. After the first payout, new profits of at least 50% of the next requested amount are required.

No data
Minimum Withdrawal

No published minimum.

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).

Refund
No data
Yes

Only when purchasing with add-on

Demo Account
No data
Metatrader 5
ID10255137Password6M!3h%PzFrServerQuantTekel-Server
TradeLocker
IDspreads@qtfunded.comPassword5Tagx>J}SnpKServerQTEKEL
Forex
50:1
50:1
Metals
25:1
15:1
Energies
25:1
10:1
Indices
25:1
20:1
Crypto

Volumetrica: BTC/ETH/SOL 1:5; other crypto 1:3.

1:1
Forex
0
4 / lot
Metals
0
4 / lot
Energies
0
4 / lot
Indices
0
4 / lot
Crypto
0
4 / lot
Commission-Free Option
No data
Yes
Swap Free
No data
Yes
Account Reset
Limited

Evaluation resets and up to two funded or Instant resets. Welcome is excluded according to the official help center.

Phase 2 reset available with add-on

Instant
Yes
Yes
One Step
Yes
Yes
Account scaling
Limited

Discretionary invitation to Elite with real capital and individual limits. The website also advertises a waiting list; automatic scaling is not guaranteed.

Yes
Two Steps
No
Yes
Max Drawdown

EOD trailing: the threshold follows the highest closing value and never decreases. It locks at the initial balance when reached or after the first payout. Subsequent loss room consists of the profits left in the account.

  • 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
Free Trial
No
No
Three Steps
No
No
Maximum Accounts

Core: up to 10 funded; Rapid: up to 5. Separate limits for CFD/crypto and futures. One Welcome account per user and market. Core CFD/crypto 200K: up to 5 according to checkout. Unlimited evaluations; passed accounts can wait for an activation slot.

No data
Maximum Trading Days

New purchases: 90-day evaluation; Instant accounts have no expiry. No monthly renewal fees for purchases from 22 October 2026 at 18:00. Older accounts retain their renewal terms.

Unlimited

Minimum Trading Days

Core: no minimum evaluation days. Rapid: the help center specifies 3 evaluation days and consistency.

  • 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
Add-ons
No data
Yes
  • Variable Spreads
  • Usage of EA
  • Swap Free
  • 10% Profit Split Extra (80% → 90%)
  • Refund on First Payout
  • 14 Day Payout cycle
  • 7 Day Payout cycle
Profit Split
No data
  • 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.
Daily Drawdown
No data
  • 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
Max Allocation
No data
  • Max total funded allocation: $300,000
  • Max Instant funded allocation: $100,000
  • No duplicate asset trading when at limit
Merge Accounts
No data
Yes
Monthly Competition
No data
No
Minimum Profitable Days
No data
  • 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)
Limited

Only self-developed or transparent systems with full source access and control over their logic. No commercial black-box bots, HFT or arbitrage.

Limited

Before using EAs, they must go through a pre-approval process.

VPN
Limited

Allowed for security or connectivity, never to conceal identity or bypass restrictions.

Yes
Hedging
Limited

Hedging mode only; never across accounts or users. Netting mode combines positions per instrument.

Yes
Scalping
Limited

No HFT or tick scalping. Payouts require the 15-second rule: at least half of trades and profits must come from trades exceeding that threshold, as described in payout help.

Yes
Maximum Risk Limit
Limited

All trades in the same market are aggregated, including fees, spread and slippage. Limit: 1% in evaluation and 0.5% funded/Instant. Two soft closures; the third breach ends the account.

Yes
  • QT ONE (Funded): 1% max floating loss across all open positions
  • QT TWO (Funded): 1% max floating loss (first violation is a soft breach, second is a hard breach)
  • QT TWO (Evaluation): exposure must stay under 75% of the daily drawdown limit
  • QT INSTANT (Funded): 1% max exposure per instrument
  • QT Power (Evaluation): exposure must stay under 75% of the daily drawdown limit
  • QT Power (Funded): no exposure limit
  • QT 1 Step (BNPL, Funded): 2% floating loss
Copy Trading
No
Yes

Allowed without restrictions when allocation is lower than $300,000.
Not allowed when the allocation is $300,000 or above.

News Trading
Yes
Limited
  • No new entries or exits within the 10-minute window around a restricted news event (5 minutes before and 5 minutes after).
  • Order modifications ARE permitted during that window: adjusting stop loss, modifying take profit and cancelling orders.
  • Positions or limit orders placed more than 5 minutes before the release (with SL and TP set) may remain open or be triggered during the event.
  • Restricted releases: CPI, FOMC statement and meetings, Non-Farm Payrolls and USD PMI. Red folder events restrict every pair involving that currency and any index priced in it.
  • News source: Forex Factory.
  • The News Rule does NOT apply to QT ONE, QT INSTANT, QT Power or QT 1 Step (BNPL) accounts.
Inactivity Rule

Closure after 8 calendar days without trading. Opening or closing a trade resets the timer; an open position pauses it.

  • 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.
Consistency Rule
Limited

Core: 30% funded and Instant, none during evaluation. Rapid: 40% during evaluation and none when funded according to checkout and payout-specific help. The rule measures the best day against total profit and resets after each payout.

Yes
  • QT INSTANT: 30%
  • QT Power: 35% in both evaluation and funded
  • QT 1 Step (BNPL): 20%
  • QT ONE, QT TWO: no consistency rule
Hold Weekend
Yes
Yes
Prohibited Strategies

Latency arbitrage, price or platform manipulation, spoofing/layering, bug exploitation, copying/external signals, third-party management, account sharing, multiple identities and excessive exposure.

  • 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
Requires Stop Loss
No data
Yes

A Stop Loss must be placed within 60 seconds of opening a trade. Applies to QT TWO and QT INSTANT (funded accounts). QT ONE has no stop loss rule.

Stacking / Layering (DCA)
No data
No

Cannot have three or more open positions on the same asset at the same time (only funded account

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