QT Funded Announces Comprehensive Program Overhaul and Enhanced Benefits
QT Funded is rolling out a series of significant platform updates, designed to offer greater flexibility, transparency, and opportunities for its traders. This overhaul includes the simplification of its funding plans, the introduction of the "Performance Protection Promise," and a new exclusive program for elite traders, QT Capital.
Key Updates for Existing Users
QT Prime Funded Accounts
Traders with existing QT Prime funded accounts will be migrated to a new, improved set of rules. A form will be sent out shortly, allowing users to choose between the 2-Step plan (with a profit cap and 14-day payout cycle) or the 2-Step Elite plan (no profit cap and a 30-day cycle). Trading will be temporarily disabled until the plan selection is made.
QT Power
There are no changes for participants in existing QT Power evaluations; they can continue to trade and become funded under this plan as normal. However, the QT Power product is no longer available for new purchases.
Existing QT Instant Accounts
Responding to user feedback, the 3% payout buffer rule is temporarily waived for those who purchased a QT Instant plan before today. They will be able to request their first payout without this requirement, although it will apply in future cycles after the first withdrawal.
Introducing the New QT Funded Plans
QT Funded's offering has been streamlined into three main plans, each tailored for different trading styles and objectives.
QT 2-Step
This plan features industry-leading profit targets and a redesigned set of rules to be more trader-friendly:
- Profit Targets: 7% in Phase 1 and 5% in Phase 2.
- Maximum Drawdown: 10% Max Drawdown, 4% Daily Drawdown.
- Trading Rules: Completely reworked for greater clarity and flexibility (rules to be released shortly).
- Payout Cycles: Standard 30-day cycle, with 7-day or 14-day options available as an add-on.
- Profit Cap: A 5% profit cap per cycle will apply only for the first 3 payouts.
QT 2-Step ELITE
The "2-Step ELITE" plan is identical to the "QT 2-Step," with one crucial difference:
- No Profit Cap: Offers experienced traders the freedom to maximize their returns without any cap restrictions.
Performance Protection Promise
A first for the industry, this promise certifies the "QT 2-Step" and "QT 2-Step ELITE" plans:
- In Case of Breach: If a core rule is breached at payout request, the trader will be entitled to 10% of the profits in their account OR a complete refund of their evaluation fee, whichever is higher.
- Account Reset: The account will then be returned to Phase 1.
- Eligibility: Traders can utilize this protection up to 3 times during their tenure with QT Funded.
QT Instant
Our flagship direct-to-sim instant funding plan, QT Instant, has been updated with the following features:
- Maximum Drawdown: 6% trailing, calculated from the highest recorded balance or floating equity.
- Daily Drawdown: 3% static.
- Drawdown on Withdrawal: The trailing drawdown is locked at the starting balance when a withdrawal is made.
- Trading Requirements: Minimum of 5 separate trading days and maintaining a 25% Consistency Score.
- Payouts: A 3% buffer is required at payout, plus a 5% minimum withdrawal.
Note: The QT Instant plan is also covered by the Performance Protection Promise. However, once the 10% profits or refund is claimed, the account is forfeited and not returned.
QT Capital: The Invitation-Only Elite Program
QT Funded introduces QT Capital, an exclusive program designed to reward its most premier traders. Focused on longevity and freedom, this program is crafted to foster growth and celebrate consistent performance.
- Exclusive Benefits: Daily payouts, access to VIP events, exclusive perks, and a competitive monthly salary.
- Invitation Only: Participation is by invitation, extended to traders who demonstrate consistent performance and prioritize longevity in their trading approach.
- Career Growth: Participants will begin as "Junior Analysts" and can advance to larger allocations and higher monthly salaries with continued performance.
QT Funded invites traders to prepare for this new era, with more information regarding the status of current accounts and next steps to follow. The QT Team will continue to spot prospects, so Performance Pays!
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