Quantum Funding is a proprietary trading firm that allows traders to access substantial trading capital through a structured challenge and verification process. This review will cover Quantum Funding’s funding programs, the steps to becoming a funded trader, and the benefits and conditions of trading with Quantum Funding. Whether you’re an aspiring trader looking to break into the industry or an experienced trader seeking additional capital, this review will help you understand what Quantum Funding offers and how it can support your trading efforts.
About Quantum Funding
Quantum Funding, a proprietary trading firm based in Hong Kong, leverages over 20 years of experience in trading and brokerage. The firm specializes in equipping traders with the necessary capital and tools to improve their trading performance. Offering a supportive environment, Quantum Funding provides structured evaluation and funding programs tailored for both new and experienced traders. The company’s mission is to offer exceptional service and significant growth opportunities, aiding traders in achieving their financial goals.
Funding Program Options
Quantum Funding provides a structured path for traders to access capital through a 2-phase challenge model called the Quantum Evaluation. This process assesses the profitability and risk management skills of traders.
Quantum Evaluation
The Quantum Evaluation has two phases: the Quantum Challenge and the Quantum Verification. Completing these phases, traders become Quantum Traders and are eligible for an 80% profit split.
Phase 1: Quantum Challenge
- Profit Target: 8%
- Maximum Daily Loss: 5%
- Maximum Loss: 10%
- Trading Period: Unlimited
- Minimum Trading Days: 5
Phase 2: Quantum Verification
- Profit Target: 5%
- Maximum Daily Loss: 5%
- Maximum Loss: 10%
- Trading Period: Unlimited
- Minimum Trading Days: 5
Phase 3: Quantum Trader
- Profit Split: 80%
Additional details on specific rules are covered in the Challenge section. The evaluation process supports news trading, weekend holding, and the use of Expert Advisors (EAs). The evaluation fee is refundable after the third payout.
Account Fees
Quantum Funding offers a range of account sizes with corresponding challenge fees. Here’s a detailed breakdown:
- $5,000 Account: $49
- $10,000 Account: $99
- $25,000 Account: $199
- $50,000 Account: $299
- $100,000 Account: $499
- $200,000 Account: $999
The challenge fee is fully refundable after the third withdrawal. Traders can pay using credit/debit cards or cryptocurrency. Once the payment is processed, login details for the trader dashboard and trading account are provided within 24 hours.
Quantum Funding allows traders to scale their capital up to $400,000. You can participate in multiple evaluations simultaneously, and Quantum Traders can merge multiple accounts up to a total of $400,000. For example, you can combine four $100,000 funded trading accounts into a single $400,000 account. This flexibility enables traders to maximize their trading potential and grow their accounts efficiently.
Tradable Assets
Quantum Funding provides traders with access to a diverse range of tradable assets, each with specific leverage:
- Indices: Leverage up to 1:50
- Forex: Leverage up to 1:100
- Commodities: Leverage up to 1:10
- Cryptocurrencies: Leverage up to 1:2
Quantum Funding ensures that traders benefit from some of the best raw spreads across all trading pairs. These minimal spreads help traders execute trades at lower costs, creating a highly favorable trading environment.
Trading Platform and Broker
Quantum Funding uses the cTrader platform, known for its robust features and user-friendly interface. Developed by Spotware Systems, cTrader offers advanced charting tools, algorithmic trading capabilities, and direct market access (DMA). Traders benefit from Level II pricing, real-time market data, and comprehensive risk management tools, ensuring a transparent and efficient trading experience. cTrader is accessible on desktop, web, and mobile devices, allowing traders to stay connected and manage their trades from anywhere.
Quantum Funding’s broker partner is Purple Trading SC, a trusted and regulated broker with over eight years of experience. Purple Trading provides a secure trading environment with advanced order options, transparent Level II pricing, and rapid execution. Their services are accessible across desktop, web, and mobile platforms, offering flexibility and convenience for traders. Purple Trading’s commitment to market transparency and security makes it a reliable choice for participants in Quantum Funding’s programs.
Trading Challenge
Quantum Funding’s trading challenge, called the Quantum Evaluation, is a 2-phase process to assess and confirm the trading skills and profitability of participants. Successfully completing these phases allows traders to become funded Quantum Traders, earning an 80% profit split.
Here is an example of a $100,000 account:
Phase 1: Quantum Challenge
- Trading Period: Unlimited
- Minimum Trading Days: 5 days
- Profit Target: $8,000 (8%)
- Maximum Daily Loss: $5,000 (5%)
- Maximum Loss: $10,000 (10%)
- Features:
- News Trading: Allowed
- Weekend Holding: Allowed
- Trading with Expert Advisors (EAs): Allowed
- Refundable Fee: $499
Phase 2: Quantum Verification
- Trading Period: Unlimited
- Minimum Trading Days: 5 days
- Profit Target: $5,000 (5%)
- Maximum Daily Loss: $5,000 (5%)
- Maximum Loss: $10,000 (10%)
- Features:
- News Trading: Allowed
- Weekend Holding: Allowed
- Trading with Expert Advisors (EAs): Allowed
Phase 3: Quantum Trader
- Trading Period: Unlimited
- Minimum Trading Days: 5 days
- Profit Target: None
- Maximum Daily Loss: $5,000 (5%)
- Maximum Loss: $10,000 (10%)
- Profit Split: 80%
Trading Rules and Features
Profit Targets and Loss Limits:
- Profit Target: Achieving the specific financial goals ($8,000 for Phase 1 and $5,000 for Phase 2) is essential to progress through the evaluation.
- Maximum Daily Loss: Capped at 5% of the account balance. Each day at 12 am CEST, the higher value between the account balance and account equity is taken, and 5% of this value is deducted to set the maximum allowable daily loss for the next trading day.
- Maximum Loss: Overall loss is limited to 10% of the initial account balance. For a $100,000 account, the equity must not fall below $90,000.
Example Calculations:
- If the account balance is $100,000 with an equity of $102,000 at 12 am CEST, the daily drawdown limit for the next day is $97,000.
- If the equity is $98,000 (lower than the balance), the daily drawdown limit will be $95,000.
Minimum Trading Days:
- Traders must actively trade for at least 5 days during each phase.
Trading Conditions:
- Trade Copiers: Allowed only for copying your own trading ideas.
- Expert Advisors (EAs): Permitted if they function as trade or risk managers. Third-party EAs with other functions are prohibited.
- Holding Trades: No limitations on maintaining trades overnight or during weekends, including trading cryptocurrencies over the weekend.
- News Trading: Permitted during the evaluation phases. As a funded trader, avoid trading around high-impact news events listed on the Forex Factory news calendar.
Hedging:
- Allowed within the same trading account but prohibited across separate accounts or with other evaluation firms.
Forbidden Trading Practices:
- Includes technological manipulation, non-standard trading practices, exploitation of system errors, high-frequency trading, arbitrage, tick scalping, reverse trading, and group trading. Violations result in account termination without a refund.
Account Management and Trading Integrity:
- Each account must be traded solely by its owner. Only one trader per household/IP address is allowed.
Activity Requirement:
- Traders must place at least one trade every 30 days to keep the account active, starting from the account creation date.
These guidelines help maintain a fair and secure trading environment, ensuring all participants adhere to responsible trading practices.
Quantum Funding Payout
Payout is a key aspect for a funded trader. On Quantum Funding, every funded trader can withdraw their profit split of 80% every two weeks, starting 14 days after their first trade on a funded account. Withdrawals are eligible every 14 days thereafter. Additionally, traders can get their challenge fee refunded with their third withdrawal. Quantum Funding offers payout methods via wire transfer and cryptocurrency.
To qualify for a payout:
- The account balance must exceed the initial balance without any recorded violations.
- All positions must be closed (no open trades or orders) at the time of the payout request.
The payout team reviews your trading performance to ensure no violations before processing the payout. Payouts are handled within 1-3 business days. Funded traders can request payouts through their dashboard, with a minimum withdrawal amount of $100.
If you’re ready to start benefiting from these features and become a funded trader, joining Quantum Funding is straightforward. Here’s how:
How to Join Quantum Funding
- Choose the Evaluation Account Size: Select the evaluation account size you want to trade from the available options. Use the code QUANTUM10 to get 10% off on all challenges.
- Complete the Checkout Process: Pay for the evaluation through the Quantum Funding website.
- Receive Account Credentials: After your payment is processed, you will receive an email with your account credentials and login details for the Quantum Funding dashboard. Be sure to check your junk or spam folder if you do not see the credentials in your inbox.
Following these steps, you will be ready to start your trading with Quantum Funding, accessing the tools and capital necessary to reach your trading goals.
Conclusion
Quantum Funding provides a structured and supportive environment for traders seeking significant trading capital. With a clear evaluation process and substantial benefits for successful traders, it offers an attractive opportunity for both new and experienced traders.
Key Features (Why Choose Quantum Funding):
- Trading Freedom: Quantum Funding allows traders to use their preferred trading styles and strategies without imposing strict restrictions.
- Realistic Trading Targets: The profit targets are achievable and designed to reflect real market conditions.
- No Time Limit: Traders have unlimited time to complete the evaluation phases, reducing pressure and allowing for more strategic trading.
- cTrader Platform: Benefit from a secure, transparent, and feature-rich platform designed for forex and CFD trading.
- Purple Trading Broker: Enjoy a secure trading environment with fast execution and competitive offerings.
Considerations (What to Consider Before Signing Up):
- Evaluation Process: Understand the requirements and rules of the Quantum Evaluation process, including profit targets, maximum loss limits, and daily drawdown rules.
- Refundable Fee: Understand that the evaluation fee is refundable only after your third withdrawal as a funded trader.
- Trading Rules: Familiarize yourself with the specific trading rules and prohibited practices to ensure compliance.
- Payout Conditions: Know the conditions for qualifying for payouts, including the need to exceed the initial balance and close all positions before requesting a payout.
Quantum Funding offers a strong and adaptable option for traders looking for capital and growth opportunities. With realistic targets, a supportive trading environment, and the advanced cTrader platform, it is a compelling choice for traders. Assess your trading needs and see if Quantum Funding matches your goals.