Trader Alleges QT Capital Refused $2,890 Payout and Breached Account
A Trustpilot complaint claims QT Capital refused to pay a trader $2,890 after a two-month wait, then hard breached the account without a satisfactory explanation. The poster warns others to stay away from QT Funded.
QUANT TEKEL is in the FXCanary database Our review · 41/100 →What the reviewer wrote“QT Funded — This Is a Scam. QT Capital refused to pay me $2,890 after I waited approximately two months for my withdrawal. They did not provide me with a clear, specific, or convincing reason for refusing the payment. Instead, after keeping me waiting for two months, they simply rejected my withdrawal and Hard Breached my account. Let me be very clear: this was not a misunderstanding of their rules. They simply refused to pay me. Based on my personal experience, I consider QT…”
A trader has taken to Trustpilot to accuse prop firm QT Capital (operating as QT Funded) of refusing a legitimate payout and then hard breaching their account. The complaint, posted by a user identified only as a trader, alleges that the firm withheld $2,890 for approximately two months before rejecting the withdrawal outright.
According to the post, the trader received no clear, specific, or convincing reason for the refusal. Instead, after the long wait, QT Capital simply rejected the payout and hard breached the account. The poster insists this was not a misunderstanding of the firm's rules, but rather a deliberate act to avoid paying.
The trader further stated that a legitimate prop firm should be able to explain exactly why a payout is refused and provide evidence for any alleged breach. QT Capital, the post claims, gave no satisfactory explanation.
This complaint highlights a recurring concern in the proprietary trading space: some firms may use vague rule interpretations or abrupt account breaches to avoid honoring withdrawals. While the accusations are unverified, they serve as a cautionary tale for traders considering QT Funded or similar firms.
Red flags mentioned include: a prolonged delay in processing the withdrawal, a lack of transparent reasoning for the refusal, and the immediate hard breach of the account after the rejection.
For traders, this underscores the importance of thoroughly researching a prop firm's payout history and dispute resolution process before committing time and money. It is also crucial to document all communications and understand the firm's terms and conditions, especially regarding breach and payout policies.
If you encounter similar issues, you can file a complaint with relevant financial authorities or online platforms. Always exercise caution when trading with firms that have limited negative reviews or unresolved complaints.
This report is based solely on the Trustpilot post and does not constitute an independent finding of wrongdoing. QT Capital has not publicly responded to the allegations at the time of writing.
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.