QUANT TEKEL Deposit & Withdrawal

Quant Tekel, operating as QT Funded, markets itself as a dual‑mode broker offering both traditional accounts and prop trading challenges with profit splits up to 90%. The allure is clear: pay a small challenge fee, prove your skills, and access capital that can generate substantial payouts. But the real‑money experience reported by hundreds of traders paints a very different picture – one where deposits are eagerly accepted while withdrawals become a nightmare of delays, excuses, and outright blockages.

Our investigation into user complaints reveals a stark asymmetry: 62 of 74 deposit‑related mentions are negative, often describing smooth funding followed by a wall of silence when profits are due. The 134 withdrawal mentions are even more alarming, with 118 negative reports. This isn’t a few disgruntled traders; it’s a systematic pattern that raises serious questions about the firm’s liquidity and honesty.

Getting money into QT Funded is frictionless by design. The firm offers multiple challenge account tiers – Standard with a $200 minimum, Plus at $5,000, Elite at $50,000, and a Fix API tier – but none of the deposit methods, processing times, or associated fees are disclosed anywhere on the public website or in provided materials. This lack of transparency is itself a warning sign, as legitimate prop firms proudly list their payment processors and funding rails.

From the reviews, it’s clear traders can fund their challenges quickly via common methods, but the absence of official details makes it impossible to verify whether you’re covered by chargeback rights or payment protection. Several users report being bombarded with promotional emails urging them to buy ever‑larger challenges, even while existing payouts remain unpaid – a classic tactic used by firms desperate for fresh cash inflow.

The data is damning: 118 out of 134 withdrawal mentions are negative, with traders describing weeks‑ or months‑long waits, unresponsive support, and accounts suddenly breached just as payouts become due. One trader’s $417 payout request on May 6, 2026, remained pending over 25 days later, despite QT’s stated 3–5 business day processing window. Another user in the Discord server counted “over 1,000 posts from traders begging for their hard‑earned money”. These are not isolated incidents; they represent a systemic breakdown.

We cross‑checked multiple forums and aggregators and found identical patterns: traders who successfully pass challenges are hit with sudden rule changes (e.g., a minimum trading day count raised from 5 to 13), account breaches for “reverse hedging” or other vague infractions, or simply complete silence. In one case, a trader who passed a 3‑phase challenge was told to retake the evaluation from scratch, with two pending payouts ignored. These tactics effectively deny profits while allowing the firm to keep the challenge fees.

QT Funded explicitly advertises payout processing within 3 to 5 business days. Yet the reviews are littered with timelines that stretch into weeks and months. One user noted that a promised update by June 22 failed to materialize; another reported waiting 14 days only to receive an automated email stating the “technology system is now functioning” without any mention of the actual payout. This bait‑and‑switch pattern – quick to take deposits, slow to release funds – is a hallmark of untrustworthy operations.

Even when payouts are eventually processed, there is no evidence of a formal timeline or accountability. The firm’s Discord and Trustpilot pages show support agents giving vague promises (“we’re working on it”, “the directors are aware”) while no concrete resolution appears. This vacuum of reliability makes any withdrawal request a gamble, not a right.

The most serious allegations come from traders who describe what they see as an outright scam. Beyond the withdrawal blockages, reports surface of false account breaches timed precisely when payouts were due, mass removal of the payout button from user dashboards, and aggressive promos still running while hundreds await their money. One review bluntly states: “They have paid traders earlier back in 2025, but now they just running the scam with PROMO Ads.” Another warns that the directors are “making a mockery of the traders” while sending promotional emails.

Although QT Funded holds an FSCA derivatives trading license (no. 53227), that licence covers traditional brokerage services – it does not necessarily extend to the prop trading and payout‑sharing model, which falls into a regulatory grey area globally. We could find no evidence that the firm segregates client funds or maintains the capital reserves needed to honour collective profit claims. The “Guarded” risk score of 40/100 from our internal assessment reflects these extensive unanswered complaints and regulatory gaps.

Amid the negativity, a handful of traders report receiving payouts. One 4‑star review says: “This is my first prop firm to reach funded stage and getting a payout. Thanks Quant Tekel.” Another mentions a payout received with gratitude. However, these positive accounts are dwarfed by the volume of unresolved complaints, and many of the positive reviews appear to be incentivized or associated with a temporary grace period in 2025 that has since evaporated.

Even the positive reviews often carry caveats about delays or poor support. The overall picture is one of a firm that may pay some traders sporadically – perhaps to maintain a patina of legitimacy – but does so arbitrarily and without the consistency required of a trustworthy partner. Traders cannot rely on receiving their profits, which fundamentally defeats the purpose of a prop trading engagement.

Given the overwhelming evidence of payout delays and potential fraud, we advise traders to avoid depositing any money they cannot afford to lose. For those determined to proceed, follow these protective steps:

• Start with the absolute minimum challenge fee to limit exposure.
• Request a payout at the earliest possible moment, even a small amount, to test the process.
• Document every interaction: save emails, screenshot dashboard statuses, and keep a log of any rule changes.
• Verify the platform’s withdrawal functionality before committing to larger challenges.
• Never rely on a single prop firm; diversify across multiple, well‑established providers with verifiable payout records.
• If a payout is delayed beyond the advertised timeline, immediately stop trading and escalate the issue publicly, as public pressure appears to be one of the few factors that occasionally elicits a response.

At FXCanary, we will continue to monitor QT Funded’s operations and update our risk assessment as new data emerges. For now, the weight of evidence places your funds at serious risk.