QT Funded Review 2027Core Trading Conditions and Fees

QT Funded review 2027: cheap challenges, many reviews and growing payout questions

QT Funded is the prop trading brand of Quant Tekel, a company registered in London in late 2023 and run from Cape Town, South Africa, under chief executive Tanswell Sassman. It expanded very quickly, helped by heavy discounting, and collected more than twelve thousand public reviews in under three years. It offers several funding models, including one that pays a 100% split on demand. During 2025 and 2026, reports about payout reliability became more frequent. This review presents both the offer and the concern for 2027.

Programmes

The firm sells a small family of products. QT Power is a two-step evaluation and the most popular route. QT Prime is built around on-demand payouts. QT Instant provides a funded account with no evaluation. A further model has been sold under the Ultra name. Account sizes run from $2,500 to $200,000, and list prices start at about $50, with promotional codes that often cut them in half. There are no time limits, though an account with no activity for 30 days is closed.

Risk rules

Maximum drawdown is up to 10% on the two-step model and lower on others. A cap on risk per trade of around 2% applies. Consistency rules depend on the account: the instant account uses a strict 25% rule, under which no single day can exceed a quarter of total profit. The firm also enforces a rule against what it calls gaming, which covers trading patterns it considers an attempt to exploit the evaluation. That rule has been the subject of documented disputes.

Profit split and payouts

The standard split is 80%, upgradeable to 90% on some accounts. On QT Prime, a trader who meets a 35% consistency score and a 3% minimum profit can withdraw on demand with a 100% split. Other accounts pay on a 14-day cycle. The firm reports more than $16 million paid.

Scaling

A scaling plan raises balances towards $2 million and, at higher levels, has included a monthly salary component for consistent traders.

Platforms

MetaTrader 5, cTrader and TradeLocker are supported, and swap-free accounts are available. Instruments include forex, metals, indices, commodities and crypto CFDs.

Regulatory claims

Some reviewers describe the group as holding a South African financial services authorisation. A licence of that kind, where it exists, relates to specific services and does not make a simulated prop account a regulated product. Check the register yourself before relying on it.

The payout concern

This is the part that deserves most weight. One detailed independent review states plainly that payout reliability is the firm's real problem and that it worsened through 2025 and 2026. A well-known comparison platform removed the firm's listing in 2026. Other sites report payout delays and breaches under the news rule on funded accounts. Against that, the firm keeps an average rating of about four out of five across a very large number of reviews, and some reviewers still rate it well for price and choice. The firm announced further rule changes in autumn 2026.

How to approach it

If you decide to use QT Funded, treat it as a higher-risk option. Buy the smallest account that serves your purpose, keep written records of your trades, request payouts as soon as you qualify and do not leave large unpaid profits in an account.

Pros and cons

• Price: low fees and deep discounts.
• On-demand model: 100% split on QT Prime when conditions are met.
• Platforms: MT5, cTrader and TradeLocker.
• No time limits: on evaluations.
• Payout reliability: rising complaints and a delisting in 2026.
• Discretionary rules: the gaming rule is open to interpretation.

Who is QT Funded for?

It may suit experienced, low-risk traders who want an inexpensive attempt and accept the uncertainty. Anyone for whom reliable payment is the priority should choose a firm with a cleaner recent record.

Verdict

QT Funded offers attractive terms on paper. For 2027, the direction of its payout feedback is the deciding issue. Proceed with small amounts, or wait for clearer evidence.

QT Funded review: compare the alternatives

This QT Funded review is part of our Top 40 Prop Trading Firms in 2027 ranking. To compare, read the Audacity Capital review and the Crypto Fund Trader review.