Trustpilot Complaint Alleges QUANT TEKEL Denying Payouts and Ignoring Support
A Trustpilot user claims prop firm QUANT TEKEL has refused payouts without explanation, ignored support requests, and issued fake breach notices. The user demands payment after 1.5 years of use.
QUANT TEKEL is in the FXCanary database Our review · 41/100 →What the reviewer wrote“BROKEN PROPFIRM COMPANY. They got worse rapidly, stopped paying out payouts, refused payouts for no reason, support stopped responding and started completely shitting on people just so THEY could make money. They have already denied me 4 payouts without a reason, when I asked them they had no explanation SCAM AND SHIT I USING THEM one and half years and I have some support requests which was ABSOLUTELY IGNORED and I get some fake breach with no responsible from support Give m…”
A recent Trustpilot review has raised serious concerns about the prop firm QUANT TEKEL. According to the user, who claims to have been with the company for one and a half years, the firm has rapidly deteriorated. The complaint states that QUANT TEKEL stopped paying out payouts, refused payouts for no reason, and that support has become unresponsive.
The user alleges that they were denied four payouts without any explanation, and when they asked for reasons, the company had none. Additionally, the complaint mentions that some support requests were absolutely ignored, and the user received a "fake breach" with no response from support. The user is demanding their payout and has threatened to withdraw the review if the issue is resolved.
These allegations, if true, highlight several red flags that traders should be aware of when dealing with prop firms or any trading-related service. The most concerning points include the unexplained withholding of funds, the lack of communication from customer support, and the possibility of baseless breach notifications. Such actions can indicate serious financial or operational problems within the company, or even intent to defraud traders.
While this is a single complaint and not proof of systematic fraud, it serves as a reminder that traders must exercise due diligence before committing to any prop firm. It is essential to research a company's reputation, read reviews from multiple sources, and understand the terms and conditions regarding payouts and breach rules. Furthermore, traders should maintain records of all communications and transaction histories in case disputes arise.
If a trader finds themselves in a similar situation, it is advisable to escalate the matter formally, seek legal advice, and report the entity to relevant financial authorities or consumer protection agencies. Forums, review platforms, and regulatory bodies can be valuable resources for verifying the credibility of trading platforms.
As always, never invest money you cannot afford to lose, and be wary of any firm that promises unrealistic returns or has a history of complaints. This complaint against QUANT TEKEL, though unverified, adds to the growing list of warnings that traders should carefully consider.
This article is based on a user's post on Trustpilot. All allegations are the author's own and have not been independently verified.
This report summarises a third-party post; all allegations are attributed to the original source and are not independently verified by FXCanary. It is not a statement of fact or a legal judgment. Firms may request a correction.