Quant Tekel, formerly known as AscendX Capital (rebranded in 2024), is a prominent proprietary trading firm and regulated broker offering traders access to substantial trading capital of up to $200,000 with a competitive 90% profit share. The firm provides three distinct evaluation models: 1-step, 2-step, and 3-step challenges, each designed to test different aspects of trading proficiency.
Recently licensed by South Africa's FSCA in December 2023, the company has expanded its platform offerings to include cTrader and TradeLocker. Traders can choose from various account sizes ranging from $10,000 to $200,000, with the potential to scale up to $2,000,000. The firm maintains strict risk management rules, including maximum daily loss limits of 3-4% and total loss limits of 6-10%, depending on the challenge type.
Quant Tekel Overview
Quant Tekel provides a seamless trading experience by combining cutting-edge technology with trader-centric policies. The firm offers evaluation challenges that allow traders to prove their skills and gain access to funded accounts ranging from $10,000 to $200,000. With features like a 90% profit split, fast payouts, and no time limits on trading evaluations, Quant Tekel stands out as a flexible and rewarding platform for traders.
The firm also supports traders with advanced platforms such as MetaTrader 5 (MT5), DXTrade, Ctrade,r, and TradeLocker ensuring precise trade execution and real-time insights. Additionally, Quant Tekel organizes monthly competitions where traders can win exciting prizes and free evaluation accounts.
| Feature | Details |
|---|---|
| Company Name | Quant Tekel |
| CEO | Tanswell Sassman |
| Headquarters | 60 Noll Avenue, Gatesville, Cape Town, Western Cape, 7764, South Africa |
| Establish Year | 2023 |
| Trading Platform | cTrader, DXTrade, TradeLocker, Metatrader |
| Max Account Size | $200,000 |
| Profit Split | 90% |
| Max Trading Days | Unlimited |
| Payment Methods | Crypto and Debit/Credit Card |
| Tradable Assets | Forex, Crypto, Indices, Commodities |
| Leverage | Forex – 1:100, Metals & Indices – 1:20, Crypto – 1:2 |
| Withdrawal Methods | Rise, Crypto |
| Minimum Challenge Cost | $51 |
| Scaling Plan | Scaling up to $2,000,000 |
| Profit Targets | 10% (1-Phase), 7%-5% (2-Phase), 6%-6%-6% (3-Phase) |
| Daily Loss Limit | 2% (1-Phase), 4% (2-Phase, 3-Phase) |
| Maximum Drawdown | 6% (1-Phase), 10% (2-Phase, 3-Phase) |
| Customer Support | support@quanttekel.com and Discord support |
Key Features of Quant Tekel
Quant Tekel Tools
Quant Tekel equips traders with state-of-the-art tools to enhance their performance:
Quant Tekel Discount Coupon
Quant Tekel has launched its new trading platform, now live and packed with advanced tools to enhance your trading experience. Featuring MT5, C Trader, and Trade Locker, with DX Trade coming soon, the platform offers cutting-edge solutions for traders of all levels.
Take advantage of this exciting launch with an exclusive 20% discount on evaluation packages—just use code JAN20 at checkout. Don’t miss this opportunity to explore innovative trading features while saving on your journey to success!
Quant Tekel Evaluation Types
1. QT Classic | The Reliable Standard
This is the traditional evaluation method that has been thoroughly tested and proven effective over time.
Best For: Those who value tried-and-tested methods and are willing to invest more time for detailed results.
2. QT Advanced | Simplified and Efficient
A modernized evaluation approach with simplified rules and conditions, designed for ease of use without compromising accuracy.
Best For: Users looking for a quicker yet reliable evaluation process without diving into extensive details.
3. QT Power | Affordable and Accessible
The most cost-effective option with the simplest conditions, designed to provide value at the lowest price point.
Best For: Individuals or organizations prioritizing cost savings and simplicity over detailed analysis.
Most Common Question
How does Quant Tekel ensure Transparency in Payouts?
Quant Tekel Offers streamlined withdrawal procedures, standardized payout dates, and enhanced performance tracking for transparency and efficiency.
Does Quant Tekel Offer Scaling Opportunities for Traders?
Yes, consistent traders can scale their accounts up to $2 million based on performance and company discretion.
What recent Promotions has Quant Tekel Launched?
To celebrate its anniversary, Quant Tekel provided 100,000 free $5,000 challenges to registered users, showcasing its strong financial backing.
What is Quant Tekel's Maximum Trading allocation?
Traders can access up to $200,000 in trading capital, with potential scaling up to $2,000,000 for consistently profitable traders who opt for an 80% profit split.
What Trading Platforms Does Quant Tekel Offer?
Quant Tekel provides multiple platforms including cTrader, MT5, TradeLocker (for US traders), and DxTrade, offering advanced charting tools and fast execution.
What is the Profit-Sharing Ratio at Quant Tekel?
Traders receive a generous 90% profit share on their earnings, with payouts processed every 14 days. The minimum payout amount is $100.
End Note
Quant Tekel stands out as a trusted partner for traders of all levels. Whether you're looking to explore prop trading with unparalleled profit-sharing opportunities or seeking a comprehensive brokerage experience with competitive spreads and advanced tools, Quant Tekel has you covered.
With cutting-edge platforms like MT5 and DX Trade, a supportive global community, and innovative programs to help you grow, QT empowers you to trade with confidence and achieve your goals. Join over 40,000 traders worldwide who trust Quant Tekel to elevate their trading journey.
