Hello and welcome to my Quantec Trading Capital Review.
Quantec Trading Capital promises to let you get started with your trading career.
By engaging with the prop firm, you’re set on a path toward greater success, opening your trading potential within the forex market.
To commence trading on a funded account within their platform, you simply need to conquer their straightforward challenge.
The prop firm streamlines this challenge, allowing you to utilize expert advisors, thereby enhancing your prospects of transitioning to a funded account.
Moreover, Quantec Trading Capital offers a wide range of funding options and a diverse array of tradable assets through its funding program.
This affords you extensive trading choices, elevating your potential returns and facilitating the establishment of an income stream.
Emphasizing the importance of trader success, the prop firm prioritizes this aspect within its funding program.
Nonetheless, while Quantec Trading Capital makes compelling claims, establishing trust necessitates a thorough understanding of its workings.
In this review, I’ve compiled everything you need to grasp about Quantec Trading Capital prop firm.
Let’s begin…
Summary Of Quantec Trading Capital Review
Name: Quantec Trading Capital
Type: Proprietary Firm
Founder: Not Disclosed
Evaluation Fee: Starts from $125 depending on the account size you choose.
Official Site: quantectrading.com
Overall Rating: 6/10
My Recommendation: Not for everyone; learn more from the review.
Quantec Trading Capital Review – Overview
Quantec Trading Capital is one of the prop firms looking for traders to fund in the forex market to make profits.
According to the program, you only need to take their challenge and prove your trading skills for you to claim their funding.
The program has a set of trading rules that will guide you through your lifetime trading with them.
Despite your status, the prop firm makes their funding process available for everyone who wants to join their team of traders.
There are many account sizes from their two funding programs available on their platform.
You only need to choose the one that suits you to enable you to get started with your trading on the platform.
If you are profitable, you will earn more profits when the prop firm allows you to make withdrawals and build an income.
Pros Of Quantec Trading Capital
- Offers a profit share of up to 80%.
- Allows you to trade with a maximum leverage of 1:100.
- No time limit to your trade.
- Partnered with a trusted broker.
- Provides you with many tradable assets.
- Allows you to trade with a maximum balance of $600,000.
Cons Of Quantec Trading Capital
- Account prices are too high.
- Does not allow weekend trade holding.
- Does not permit the trading of news.
- No refund policy was mentioned.
Who Should Sign Up with Quantec Trading Capital?
Quantec Trading Capital is looking for traders who can maintain good consistency in their trading.
You must be profitable and able to trade within their set of rules for you to succeed in their funding program.
So, before you think of joining the Quantec Trading platform, you must be able to trade and make profits in the forex market.
The prop firm uses its evaluation process to test your profitability in trading and see if you can actually trade with their capital.
So, if you are not skilled in trading in the forex market, the Quantec Trading Capital prop firm is not for you.
What Is Quantec Trading Capital?
Quantec Trading Capital Is a prop firm that offers you the opportunity to trade with their capital in the forex market.
The company located in Singapore offers you different funding opportunities to help you realize your trading potential online.
Even though the prop firm does not disclose its ownership information, there are many trading offers available on the platform.
The prop firm only has a one-phase challenge with no time limit making it easy to get started with their funded account.
In addition, the program set of trading rules is easy to manage in your entire trading journey making it easy to succeed in your trading.
On the other hand, the prop firm claims to be available for everyone who wants to get started in their trading journey.
The prop firm enables you to trade with a maximum capital of $600,000 as your maximum trading balance.
This means that you can decide to go by trading one account or using multiple trading accounts as you wish.
In the end, you can decide to merge your multiple trading accounts to form one larger account size and target more earnings.
How Does Quantec Trading Capital Work?
Quantec Trading Capital works by providing you with the opportunity to trade in the forex market with their capital.
In this opportunity, the prop firm provides you with up to two funding programs with different funding options.
Your work is to choose your best funding program and account size to get started with your trade.
Your trading journey in the platform involves the following steps;
Step One: Getting Started
This is the first step of your journey where you will have to register your personal details to the platform to join their membership community.
The prop firm requires you to provide your true identification details as they will be used for reference when making payments.
During this process, you will need to choose your funding program and preferred account sizes which you will use in your entire trading journey.
Remember every account size has a unique funding capital and is also determined by its unique price.
A detailed explanation of the available account sizes and prices is also available in the lower section of this review.
Kindly take your time to read and understand them to help you decide on which one best suits you keeping in mind its price.
After choosing your account size and making the payment, you can move to the next level of your trading journey.
Step Two: Challenge
The next step after registration is now beginning your trade by taking on a challenge.
The Quantec Trading Capital prop firm only has a single-phase challenge to take which makes it a better option for many traders.
Most traders like spending the shortest time possible in taking their challenge to enable them to focus more on the funded stage.
The prop firm enables you to take the shortest time possible to pass their one-step challenge with zero minimum trading days.
This means that you can complete your challenge in as little as one day and move to a funded account to start trading with real capital.
On the other hand, the single-step challenge only has one profit target you need to hit before you move to a funded account.
The challenge stage tests your skills, experience, and your consistency in trading for the company to trust you with their capital.
Therefore, you are required to showcase your ability to trade in the forex market and earn profits.
You also need to prove that you can trade within the company’s trading rules to extend your trading time with them.
Note that, the challenge stage makes use of the demo account where you will be trading on virtual funds.
This makes you worry less about losing real funds when trading on the market and hence, a great opportunity for both beginners and expert traders.
However, your trading will mimic real trading with the same latency as the live funded account hence, will make no difference when you move to the funded account.
Step Three: Funded Account Stage
This is the final stage of your trading where you will be trading on a live market with a real funded account.
In this stage, you will be trading at your own targets and earn profits which you will be able to withdraw at the set time.
The Funded account makes use of real funds where the company provides you with capital equal to your initial account balance.
The company requires you to maintain high trading consistency and respect their trading rules while increasing your profits.
This will enable you to extend your trading time with the company and aim at achieving your success from their funding program.
Also Read: Genesis Forex Funds Review
What Is Contained In The Quantec Trading Capital?
The Quantec Trading Capital contains two funding programs with different account sizes as follows;
The Ultimate Funding Program
The Ultimate funding program also known as the ultimate trader account only has a one-step challenge.
It is still new on the platform and is not known by many.
This funding program offers you up to three different account sizes as follows;
- $50,000 account size.
- $100,000 account size.
- $200,000 account size.
The Standard Trader Funding Program
Also known as a standard trader account, it only has a single-phase challenge and is the oldest funding program available on the platform.
The Standard Trader account has the following account sizes;
- $25,000 account size.
- $50,000 account size.
- $100,000 account size.
- $200,000 account size.
What Are The Trading Rules Used In Quantec Trading Capital?
Quantec Trading Capital has the following trading rules you must know before you get started with your trading journey on the platform;
Profit Targets
Quantec Trading Capital has a profit target of 10% in their one-step challenge for both their funding programs.
The profit target is calculated based on the initial account balance which you must reach for you to move to a funded account.
For instance, if you are trading on a $50,000 account size, you must reach a target of $500 for you to move to a funded account.
Maximum trading period
The prop firm offers you an unlimited maximum trading period on their platform.
This means that you can trade for your entire lifetime in the platform provided you respect their treading rules.
This makes it a greater option for traders who want to build a passing income and achieve success with the company’s funding opportunity.
Minimum Trading Days
The minimum trading days in both the two funding programs are set at Zero in all the stages of your trade.
This enables you to spend the shortest time possible to pass a single trading stage to the next level of your journey.
It is, therefore, a great option for traders to move to a funded account and start making money from their trading journey.
Trading leverage
Quantec Trading Capital platform enables you to trade with a leverage of up to 1:100 in the standard trader account.
In the ultimate trader account, the maximum trading leverage is set at 1:30.
Maximum Daily loss
The maximum daily loss in the standard trader account is set at 5% and the ultimate trader account is 6% calculated based on the initial balance of your trading account.
For instance, if you are trading on a $100,000 account size, then your maximum daily loss will be $500 and $600 respectively.
This means that you are not permitted to lose more than $500, or $600 in a single day of your trade in the platform.
Maximum overall loss
The maximum Total drawdown in the standard trader account is set at 10% and 12% in the ultimate trader account is calculated based on the initial balance of your trading account size.
For instance, if you are trading on a $100,000 account size, then your total drawdown will be $1,000 and $12,000 respectively.
This means that you are not permitted to lose more than $1,000, or $12,000 in your entire trading journey on the platform.
Weekend Holding
Quantec Trading Capital does not allow you to hold your trading during the weekends on their platform.
This means that you must be ready and willing to trade over the weekends and overnights before you can join this platform.
News Trading
Quantec Trading Capital prop firm does not allow you to trade news, especially the high impact news as this violates their terms and conditions of trade.
For this reason, you must avoid news trading to extend your trading time on the platform.
Violating this rule may make you risk losing your trading account from the platform.
Profit share
Quantec Trading Capital prop firm offers you an excellent profit share of up to 80% of the total profits you make from your trading.
For instance, if you earn a total of $1,000 from your trade, you will be able to withdraw up to $800 as your share.
This makes the platform excellent for growing your income and earning more from your trade.
What Trading Instruments Are Allowed In Quantec Trading Capital?
The prop firm offers you several tradable assets which include the following;
- Forex pairs
- Metals
- Indices
- Oil
You can trade these instruments on Metatrader4 or Meter Trader 5 as all are accepted on the platform.
Important: Get Funded Now Review
Which Broker Does Quantec Trading Capital Platform Use?
Quantec Trading Capital platform partners with Eightcap as their trusted broker to ensure all your trading processes and funds are safe.
Eightcap is a trusted broker regulated by several legal authorities and is one of the best-known brokers in the forex market.
The broker also has many reputations being used by many companies and prop firms in the forex market.
What Is The Cost Of Joining The Quantec Trading Capital?
The cost of joining Quantec Trading Capital depends on the funding program and account size you choose.
This means that you must make your choice based on the amount you can afford to use in making your purchase;
Here are the funding programs with their account sizes and corresponding prices as in the Quantec Trading Capital;
The Ultimate Funding Program
- $50,000 account size that cost $488.
- $100,000 account size that cost $888.
- $200,000 account size that cost $1,748.
The Standard Trader Funding Program
- $25,000 account size that cost $125.
- $50,000 account size that cost $249.
- $100,000 account size that cost $499.
- $200,000 account size that cost $999.
After payment of these one-time prices, the prop firm does not charge you any extra fees or monthly fees.
This means that you will now be free to own your trading account for your entire trading time.
However, the prop firm does not mention any refund policy on their official website which provides no guarantee for a refund.
For this reason, you may not likely get a guaranteed refund if you quit the platform after making your payment.
In most cases, prop firms do give a refund of the registration fee in your first payout which is not the case with the Quantec Trading Capital program.
Payouts In Quantec Trading Capital
The Quantec Trading Capital platform allows you to withdraw your profits when you reach their funded account.
According to the prop firm, you will only need to trade with your funded account for at least thirty days to be eligible for withdrawal.
At the time of withdrawal, you will need to navigate to the dashboard and click on the withdrawal/profit share option.
One you have sent your withdrawal request; the support team will process your request and give you feedback within three business days.
The payout in the platform can either be done via bank transfer or cryptocurrency where you choose the one that suits you.
Is Quantec Trading Capital A Scam?
In my opinion, Quantec Trading Capital is not a scam.
The prop firm provides you with two funding opportunities with different account sizes to enable you to have multiple options.
By taking their challenge, the program will build trust with your trading process to enable you to succeed in their funding program.
However, you need to keep in mind that this funding opportunity only works for talented traders who can trade consistently.
For instance, you must have skills in trading and be highly profitable in addition to being able to adhere to their trading rules.
For instance, the partnership agreement between you and the platform is to make profits and share it on an 80/20 basis.
This means that if you are not profitable, you may not likely succeed in keeping the agreement.
In addition, if you are less profitable, you will not be able to get a funded account as you may end up failing in your challenge.
Failing to reach the set profit target in the evaluation stage will deny you the opportunity to succeed in the funded account.
On the other hand, the prop firm does not mention any refund policy on their website which makes it difficult for you to reclaim your funds.
This means that if you fail to reach the funded account, you will automatically run into a loss in your trading.
The account sizes in the platform are also expensive to purchase making it not an option for everyone.
My Assessment Of Quantec Trading Capital
Profits Split: 8/10
Quantec Trading Capital offers you an excellent profit share of up to 80%.
This enables you to earn more from your trading to effectively build an income out of your trade.
In addition, it is a strategy to attract more traders to join the platform and build a perfect trading career they love.
Scaling Opportunities: 0/10
There is no scaling opportunity mentioned in the Quantec Trading Capital.
This makes it not an option for traders who may want to rapidly grow their trading account on the platform.
You will have to rely on your profit share to grow your trading account and earn more from the forex market.
Profits Targets: 6/10
Because the program only has a single-phase challenge, the profit target is less realistic for many traders.
In most cases, a two-phase challenge always has more realistic profit targets than single-phase challenges.
Therefore, the prop firm is only suitable for experienced traders who can withstand less realistic profit targets.
Affordability: 5/10
Quantec Trading Capital is slightly expensive when purchasing their account sizes as compared to most prop firms in the market.
Their account sizes also start with higher balances with their lowest account having a balance of $25,000.
This makes it much more expensive for beginners who might be looking for an affordable account size to use in their trading.
Trader Supports: 3/10
The trader support program is not well elaborated in the platform, especially for those who might want to learn more from the program.
The company fails to disclose the ownership information or contact details of their background and offices.
The program only has a live chat program where you can send a message to their expert team on their webpage.
Tradable Assets: 8/10
There are various assets you can trade in the Quantec Trading Capital platform which can help you increase your chances of success.
The many tradable assets present in the platform make it target different categories of traders in the forex market.
It also makes it easy for traders to invest in the kind of trade they want in the platform provided they adhere to the set trading rules.
Trustworthiness: 4/10
Trusting the program is a challenge due to the missing ownership information and lack of contact addresses and locations.
It is much easier for traders to trust a company if they can trade its background information on their platform.
Most traders do like to learn more about a company from their owner’s background information which is not clear in the platform.
My Overall Rating is 6/10
In general, I rate Quantec Trading Capital 6/10.
The prop firm offers traders larger capital which makes you stand a chance to earn more from your trading journey.
They also have no time limit making it easy for you to speed up your trade and meet your trading targets in the platform.
What Are People Saying
Here is what people are saying about the Quantec Trading Capital platform online;
The Quantec Trading Capital Review Trustpilot
The Quantec Trading prop firm has a poor rating on the Trustpilot platform with 2.2/5 stars (March 22, 2024).
This is a result of a sample of 227 reviewers where the prop firm only got 28% of the reviewers awarding it a five-star rating.
Up to 64% of the reviewers awarded the prop firm a one-star rating which is quite bad for a company on a forex market.
FAQs About Quantec Trading Capital
Is There Any Inactivity Rule In The Quantec Trading Capital?
There is an inactivity rule in the platform which requires you to maintain a regular trading habit.
According to the inactivity rule, you are not required to leave your trading account inactive for more than thirty days.
Breaking this inactivity rule will make you risk your account being breached denying you the opportunity to continue with your trading journey.
How Many Trading Accounts Can I Own At A Given Time In Quantec Trading Capital?
There is no limit to the maximum number of trading accounts you can have on the platform.
However, the platform sets its maximum account balance for a single trader to be $600,000.
Therefore, provided your total accounts balances do not exceed this capital, you will be free to own multiple accounts.
After Completing My Registration, How Long Will It Take To Receive My Challenge Account In Quantec Trading Capital?
After completing your registration process, it will take you less than ten minutes to receive your account credentials.
The prop firm promises to take the shortest time possible to process your payment and enable you to get access to your trading account.
The program encourages you to contact their support team in case of any delays in receiving your account details.
Can I Merge My Multiple Trading Accounts In The Quantec Trading Capital?
The prop firm allows you to merge your trading accounts provided the total balance does not exceed their maximum set balance for traders.
For this reason, you must first ensure that your total account balances do not exceed $600,000 as indicated in the platform.
Failure to consider this rule may make you risk losing your trading accounts from the platform.
Must My Trading Account Be On My Real Name?
The prop firm requires you to submit your real details in their platform during your registration process.
This includes using your real name which will be used when making your KYC registration in the funded stage.
Failure to provide your real name will make you face difficulties in making transactions on the platform.
Are There Restricted Countries To Quantec Trading Capital?
Despite Quantec Trading Capital being available worldwide, a few countries may be unable to access their services.
These countries include The United States, Russia, Ukraine, Cuba, North Korea, Iran, Myanmar, Somalia, Syria and Vietnam.
The remaining counties can enjoy the platform services without fear irrespective of their ethnicity.
Thank you for reading my Quantec Trading Capital Review.
If you have any additional questions regarding this prop firm, I’ll be happy to receive your concerns in the section below!