Quant Tekel (Ascendx Capital) Review 2026
Learn more about TU’s methodology
- $114
- MetaTrader5
- DXTrade
- High-frequency and other risky strategies are forbidden
- Up to 1:100
Our Evaluation of Quant Tekel
Learn more about TU’s methodology
Quant Tekel is a prop trading firm with higher-than-average risk and the TU Overall Score of 3.62 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Quant Tekel clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable partner with better conditions, as, according to reviews, many clients of this firm are not satisfied with the company’s work.
Quant Tekel (Ascendx Capital) offers a typical evaluation of applicants’ trading skills. Its requirements are considered reasonable since the profit target is lower than with other prop firms.
How we tested Quant Tekel
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Quant Tekel
Quant Tekel (Ascendx Capital) is a London-registered firm, that offers experienced traders funded accounts ranging from $10,000 to $200,000, with potential scaling up to $500,000. Qualified traders can earn 90% of their profits from trading currencies, CFDs on indices, cryptocurrencies, and commodities through Kubera, the firm's partner broker. The evaluation process consists of two phases, each lasting up to two days. Applicants are required to trade independently, avoiding high-risk strategies.
- MetaTrader 5 and DXtrade platforms are available;
- 60+ currency pairs and over 200 CFDs on three asset classes are offered;
- Evaluation does not restrict the maximum number of trading days;
- Profit target is 7% during the first phase and 5% during the second phase;
- Profit split is 90%/10%;
- Free demo mode is available for all account types;
- Referral programs, trading competitions, and subscription discounts are provided.
- Limited choice of trading instruments;
- No educational articles or videos for novice traders;
- Technical support does not always respond quickly.
TU Expert Verdict
Chief Analytics Officer
Quant Tekel is a proprietary trading firm offering two-phase evaluation programs, with funded account sizes from $10,000 up to $200,000 and the potential to scale accounts to $500,000. Traders can access MetaTrader 5 and DXtrade platforms, trading Forex pairs, stock CFDs on indices, cryptocurrencies, and commodities. The profit split is 90%, and the firm allows generous conditions such as no restriction on maximum trading days, multiple account types including a free trial demo, and access to funding for qualified traders. Leverage is up to 1:100, and high-risk strategies like high-frequency trading and Martingale are prohibited.
Drawbacks include limited education resources for novices, several trade restrictions such as a ban on scalping and news trading, a restricted instrument list with no futures or options, and support that may respond slowly at times. Quant Tekel may be suitable for experienced traders seeking high payout and flexible profit targets, but it is less attractive for beginners or those who prioritize trading freedom and fast customer service.
Quant Tekel Summary
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | MetaTrader 5 and DXtrade |
|---|---|
| 📊 Accounts: | Evaluation, Qualified Trader, and Free Trial (demo) |
| 💰 Account currency: | USD |
| 💵 Deposit / Withdrawal: |
Wise, BTC, ETH, USDC, XRP, and PayPal Deposits only: Visa, Mastercard, American Express, and Discover |
| 🚀 Minimum deposit: | $114 |
| ⚖️ Leverage: | Up to 1:100 |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | Floating, from 0.1 pips |
| 🔧 Instruments: | Forex, cryptocurrencies, indices, and commodities |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | High-frequency and other risky strategies are forbidden |
| 🎁 Contests and bonuses: | Yes |
Quant Tekel (Ascendx Capital) allows its clients to trade during news releases, although quickly closed trades may be rejected. Prohibited trading strategies include Martingale, arbitrage, high-frequency trading, reverse trading, and group hedging. Traders using scalping or expert advisors are advised to request a free demo account for strategy approval. Holding positions open over the weekend is permitted.
Quant Tekel Key Parameters Evaluation
Challenge rules and pricing
Quant Tekel provides access to funding up to $2 000 000, with challenges requiring at a minimum of 14 trading days. The entry-level plan starts at $50,5, min but the fee is non-refundable.
- Low entry cost — from $50,5
- High funding potential — up to $2 000 000
- Free evaluation option available
- Minimum trading period required
- No demo account provided
Quant Tekel Challenge fees and plans
We compared Quant Tekel’s challenge plans by key parameters including pricing, profit targets, loss limits, and managed capital.
Available Trading Plans
| Trading Plans | 1 - Profit target, $ | 2 - Profit target, $ | 3 - Profit target, $ | Daily loss,% | Managed amount, USD | Max. loss, % | Price, USD or EUR |
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What’s the minimum trading period for Quant Tekel’s challenge?
A minimum of 14 trading days is required, regardless of how quickly you reach the profit target.
Does Quant Tekel offer a free evaluation?
Yes, Quant Tekel offers a free evaluation option. However, conditions may vary, so we recommend checking the latest details on the company’s official website.
Is instant funding available at Quant Tekel?
No, Quant Tekel does not offer instant funding. If this option is important to you, consider exploring other firms that provide instant funding models, such as: GoatFundedTrader, Funded Trading Plus, Hola Prime.
Trading rules
Quant Tekel outlines the main rules for funded accounts, including a max. loss of 6% and a daily loss limit of 3%. The firm also restricts certain trading strategies, which are detailed below.
- Flexible leverage up to 1:100
- No weekend close rule
- Trading bots (EAs) allowed
- Scalping not allowed
- News trading not allowed
Quant Tekel trading conditions
We compared Quant Tekel’s leverage and trading conditions with competitors to help you better understand how it measures up.
| Ascendx Capital | Funded Next | GoatFundedTrader | |
| Max. loss, % | 6 | 6 | 6 |
| Max. leverage | 1:100 | 1:100 | 1:100 |
| Weekend close rule | No | No | No |
| Mandatory Stop Loss | No | No | No |
| Trading bots (EAs) | Yes | Yes | Yes |
| News trading | No | Yes | Yes |
| Scalping | No | Yes | No |
| Copy trading | Yes | Yes | No |
Deposit and Withdrawal
Quant Tekel earned a Medium score based on how smoothly and conveniently traders can deposit and withdraw funds.
The deposit and withdrawal options at Quant Tekel meet most standard requirements and are in line with what many prop firms provide.
- On-demand withdrawals
- Bank сard deposits and withdrawals
- Payoneer not supported
- BTC payments not supported
Deposit and withdrawal options
To help you evaluate how Quant Tekel performs, we compared its deposit and withdrawal methods with those of two competing proprietary trading firms.
Quant Tekel Payment options vs Competitors
| Quant Tekel | FundedNext | GoatFundedTrader | |
| Bank Card | Yes | Yes | Yes |
| Bank Wire | No | Yes | No |
| Crypto | No | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| Payoneer | No | No | No |
| Skrill | No | No | No |
| Neteller | No | No | No |
Profit withdrawal frequency
We compared Quant Tekel with other prop firms based on how frequently traders can withdraw their profits: on demand, weekly, or monthly. Firms that allow more frequent payouts offer greater flexibility and quicker access to earnings.
| Quant Tekel | FundedNext | GoatFundedTrader | |
| On demand | Yes | No | No |
| Weekly | No | No | No |
| Biweekly | No | Yes | Yes |
| Monthly | No | No | No |
What base account currencies are available?
Quant Tekel offers the following base account currencies:
Trading Account Opening
To get funded by Quant Tekel (Ascendx Capital), create a user account on its website following the below instructions from TU experts.
On the Quant Tekel (Ascendx Capital) website, choose the account type with the required funding and click the “Get Funded” button under its description.
Choose the preferred trading platform and payment method, and fill in the registration form. Specify a discount code, if any.
Make a one-time payment.
Features of Quant Tekel’s user account:
Additional features of the user account that allow traders to:
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View information on the referral program;
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Submit requests to withdraw profits earned on a live account;
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Edit personal information and pass the KYC procedure;
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Contact technical support via tickets;
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Request a detailed report on all executed trades.
Is Quant Tekel Safe?
Quant Tekel (Ascendx Capital) is registered in the UK and operates under laws of this country.
Any client can initiate a dispute, which the firm is obligated to resolve within 30 days. If the dispute remains unresolved, traders may pursue legal action. California residents can file a complaint with the California Department of Consumer Affairs, using the contact information provided in the Terms and Conditions section of the Quant Tekel (Ascendx Capital) website.
Since Quant Tekel (Ascendx Capital) is not a brokerage company, it does not require a license from the Financial Conduct Authority (FCA). Kubera is licensed by the Labuan Financial Services Authority (LFSA), a state Malaysian commission, under number MB/21/0086.
Advantages
- Regulated introducing broker
- Clients use prop firm’s funds for trading
- Quant Tekel (Ascendx Capital) is registered in Europe and provides its services worldwide, including in the U.S.
Disadvantages
- No choice of brokers
- Violations are processed by London courts
- LFSA is not among the most reputable financial regulators
Markets and Tradable Assets
Quant Tekel has a score of 7/10, reflecting a strong variety of markets and assets available for trading.
- CFDs offered
- Indices available
- Crypto trading available
- Futures not available
- Stock trading not allowed
Tradable markets
We compared the range of tradable instruments offered by Quant Tekel with two leading competitors to highlight the differences in market access.
| Quant Tekel | FundedNext | GoatFundedTrader | |
| Futures | No | Yes | No |
| CFDs | Yes | Yes | Yes |
| Forex | Yes | Yes | Yes |
| Options | No | No | No |
| Stocks | No | No | No |
| Crypto | Yes | Yes | Yes |
| Indices | Yes | Yes | Yes |
Investment Options
Quant Tekel (Ascendx Capital) evaluates the strategies of active traders, not investors. Nevertheless, it allows its clients to use copy trading on live accounts. Note that traders with multiple accounts cannot duplicate their positions across these accounts. Each account must be managed independently using a different strategy.
While the prop firm prohibits trading signals, it allows expert advisors without high-frequency trading and closing trades for less than 2 minutes.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Partnership program from Quant Tekel (Ascendx Capital):
Under this program, partners can receive rewards for attracting new clients to Quant Tekel (Ascendx Capital). Marketing materials can be shared via social media, websites, blogs, or podcasts. Depending on the number of referred traders, there are four program levels:
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25 referrals bring 15%;
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50 referrals — 20%;
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100 referrals and 50 registered clients — 25%;
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100 registered clients — 30%.
Partners who refer over 100 traders can apply for a $50,000 account without a subscription fee. Additionally, the top-performing partners with over 100 registrations receive a free $100,000 demo account.
Customer Support
Quant Tekel (Ascendx Capital) provides 24/7 technical support available via various communication channels.
Advantages
- 24/7 availability
- The average response time in the live chat is 2 minutes
Disadvantages
- Communication via messengers is not available
- No callback option
Available communication channels are:
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The phone number provided on the website;
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Email;
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Live chat;
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Discord channel.
An AI-based bot responds in the live chat. However, traders can request assistance from a live operator.
Contacts
| Registration address | South Africa, 60 Noll Avenue Gatesville, Cape Town Western Cape, 7764 South Africa |
|---|---|
| Official site | https://quanttekel.com/ |
| Contacts |
Education
The Quant Tekel (Ascendx Capital) website does not offer a comprehensive section with Forex and CFD trading education.
Upon registering a user account with Quant Tekel (Ascendx Capital), traders can request a Free Trial demo account before paying for evaluation. This account type helps traders learn trading basics and explore Kubera’s trading conditions.
Detailed Quant Tekel (Ascendx Capital) review
Quant Tekel (Ascendx Capital) implements a two-phase evaluation, which is one of the most common models. Trading on demo and live accounts is conducted through MetaTrader 5 and DXtrade, typical for Forex and CFD markets. Funding applicants can trade popular over-the-counter assets with leverage, profitable conversion conditions, and low market spreads. Subscription payments are refundable upon confirming traders’ qualifications and switching to a live account.
Quant Tekel by the numbers:
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5 account types with funding from $10,000 to $200,000;
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Services are provided in over 180 countries;
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The average withdrawal time is 4 hours;
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Trader's profit share is 90%.
Quant Tekel (Ascendx Capital) is a prop firm with loyal profit target requirements and high payouts
Quant Tekel (Ascendx Capital) provides funding up to $200,000 for traders who confirm their professional skills and meet trading requirements. To become eligible, traders are required to pass a two-phase evaluation with a profit target of 7% during the first phase and 5% during the second phase. The maximum daily drawdown for both phases is 4% and 10% for the total drawdown.
Stop loss and take profit are recommended for successful risk management. Daily drawdown is reset at 00:00 when trading on MT5 and at 01:00 on DXtrade.
Useful services offered by Quant Tekel (Ascendx Capital):
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Scaling Plan. It is offered for professional traders with a stable profit increase. The available funding is up to $500,000 with a profit share of 90%.
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MT5 Web Platform. It is available in the user account and provides for trading financial instruments without installing special software on a smartphone or PC.
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TradingView. Quant Tekel (Ascendx Capital) allows its clients to monitor markets, view charts, and connect to social media for traders and investors.
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News. The user account features a real-time newsfeed with updates on important financial market events.
Advantages:
24/7 technical support is available via live chat on the website;
Increased funding opportunities for the most performing traders;
Fast withdrawal methods;
No profit target requirements on a live account;
No restrictions on the number of simultaneously open positions.
Quant Tekel (Ascendx Capital) offers access to advanced trading platforms, using robust security measures employed by professional market participants globally.
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