Quant Tekel Prop Firm Details

PLEASE BE WARY OF THIS COMPANY. THANK YOU.I am a customer from Vietnam. Today, I will share the bad experiences for this company in the past year. - I have been their customer since April 2024, I have bought a 2 round 100k account. After passing, I was funded. They refused to pay twice with the reasons (violation of the 15s rule; violation of the Jacson Conference news that took place on the day). - In August 2024, their company changed its name from Ascends to Quantekel and they locked my funding account. They promised to move the account but it took more than 6 months. - On February 21, 2025, I received an email about new funding account information, along with instructions on new sets of transaction rules (4lo/day, 0.5% with 6 days, 30 days of payment,...). The above rules are arbitrarily set by you to create difficulties for true traders. - They arbitrarily came up with other principles, the spread fee is high compared to the information they provide. I know there are many individuals who have been refused payment for many unreasonable reasons. In particular, I reflected the problem directly on Discord and sent DM directly. They kicked me out of the Discord group without any notice. My trading account has been locked.

Beware of Quanttekel – Unethical and Suspicious Termination of Accounts I had a terrible experience with Quanttekel, and I strongly advise traders to stay away from this firm. After successfully passing their challenge and expecting a funded account, they suddenly terminated my account under questionable circumstances. False Allegations and Unjustified Account Termination Quanttekel accused me of "copy trading" and "reverse hedging" when in reality, my trades were placed independently, at different times, and with different strategies. When I challenged their claims with proof, they failed to provide a clear explanation and simply insisted on their decision without any proper review. 1. Copy Trading Allegation: Almost all the trades they flagged as "copy trading" were executed on different dates and times, making their claim completely invalid. Out of 100+ trades, only one trade involved the same instrument as another account, and even that was placed at a different time. 2. Reverse Hedging Allegation: The so-called "reverse hedging" trades were minor execution errors that were corrected within seconds, yet they used this as an excuse for termination. 3. Inconsistent Rule Enforcement: They only terminated one of my accounts while allowing me to continue trading on others, which makes no sense if they truly believed I was violating their policies. Unprofessional and Deceptive Practices -Lack of Transparency: When I asked for clarification on why only one account was closed, they ignored my request. -Changing Account Numbers: At one point, they even provided the wrong account number in their termination notice, showing a lack of professionalism. -Ignoring Evidence: Even after I pointed out their mistakes with proof, they stuck to their vague claims instead of conducting a proper review. Conclusion: Stay Away! Quanttekel enforces rules inconsistently, making it difficult for traders to trust their processes. Their enforcement appears selective, and traders should be cautious before investing their time and money. I do not recommend Quanttekel to anyone looking for a fair and transparent prop firm.