qt funded prop firm

QT Funded

Tradable Asset

CEO

Tanswell Sassman

Date Created

Coupon Code

Cashback

Firm Highlights

Score

8.4

Trust Pilot Score

4.4

Score

8.4

Awards

Coupon Code

Ranking Breakdown

Pricing 8.3
Trading Rules 8.3
Platform 8.3
Deposit & Withdrawal 8.7
Features 8.3

Overall Score

8.4

Firm Overview

Trading Platform:

Withdrawal Methods:

Payment Methods:

Brokers:

What Is QT Funded?

QT Funded is a prop trading firm based in South Africa. It was started in October 2023. The CEO is Tanswell Sassman.

The company offers funded trading accounts through different programs. Traders must either pass a challenge or choose an instant funding option.

QT Funded works with CFD trading and supports:

  • MT5

  • cTrader

  • TradeLocker

The listed broker is Quant Tekel.

On Trustpilot, QT Funded has a rating of 4.4 out of 5 from 12,000+ reviews.

What Is QT Funded?

QT Funded is a prop trading firm based in South Africa. It was started in October 2023. The CEO is Tanswell Sassman.

The company offers funded trading accounts through different programs. Traders must either pass a challenge or choose an instant funding option.

QT Funded works with CFD trading and supports:

  • MT5

  • cTrader

  • TradeLocker

The listed broker is Quant Tekel.

On Trustpilot, QT Funded has a rating of 4.4 out of 5 from 12,000+ reviews.

Is QT Funded Legit?

QT Funded is a real operating prop firm. It has:

  • Public leadership information

  • A working website

  • Active customer support

  • Verified user reviews

  • A structured payout policy

However, it is still a young company (about 2 years old). New prop firms carry more uncertainty compared to firms that have operated for many years.

There is no public evidence that QT Funded is a scam. Most negative reviews relate to rule violations and account breaches.

As with all prop firms, traders must understand the rules carefully.

How QT Funded Programs Work

QT Funded offers four main programs:

  1. QT Prime (2-Step Evaluation)

  2. QT Power

  3. QT Instant

  4. QT Ultra

Each program has different rules.

Some require passing two evaluation phases.
Some offer instant funding with stricter risk controls.

This gives flexibility for different trading styles.

What Can You Trade?

QT Funded allows trading of:

  • Forex (FX)

  • Metals

  • Indices

  • Crypto

  • Other commodities

Leverage depends on the asset and program.

For example:

  • Forex up to 1:100 (2-step accounts)

  • Crypto up to 1:2.5

Lower crypto leverage reduces risk exposure.

Important Rules You Must Understand

Many failed accounts happen because traders ignore rules.

1. Maximum Risk Rule

Some accounts allow only:

  • 1.5%

  • 2%

  • 2.5%

maximum risk at one time.

If you exceed this, it is a hard breach.

Example:
If you have a $100,000 account and the rule is 2%, you cannot risk more than $2,000 in open positions at one time.

2. Consistency Rule (35%)

Some programs require that no single trading day makes up too much of your total profit.

This prevents:

  • One big lucky trade

  • All-or-nothing strategies

This rule rewards steady trading.

3. News Trading Rule

Many funded accounts restrict trading:

  • 5 minutes before

  • 5 minutes after

high-impact news events.

Breaking this rule results in account breach.

QT Prime On-Demand and QT Power allow more flexibility.

4. Inactivity Rule

If you do not trade for 30 days, your account may be closed.

Payout Policy

Most programs offer:

  • 80% profit split

  • 90% with add-on

  • Some Prime accounts can reach 100% with conditions

Payout cycles:

  • 14 days for most programs

  • 21 days for first Ultra payout

Minimum payout:

  • 1% or $100 (Instant, Prime, Power)

  • 2% for Ultra

Traders must meet profit and consistency requirements before withdrawing.

Does QT Funded Actually Pay Traders?

Based on public reviews and community feedback, QT Funded has processed payouts.

Positive reviews often mention:

  • Fast support

  • On-time payouts

  • Clear dashboard

However, payouts depend on rule compliance.

Accounts that break risk or news rules will not receive payouts.

How QT Funded Makes Money

Like most prop firms, QT Funded earns money from:

  • Challenge fees

  • Account resets

  • Add-ons

It is important to understand that traders use simulated accounts. This is standard in the prop industry.

Sustainability depends on:

  • Rule enforcement

  • Risk management systems

  • Trader failure rates

QT Funded vs Other Prop Firms

Compared to larger firms like FTMO or E8:

Pros:

  • Lower challenge pricing (especially with discounts)

  • Multiple program types

  • Copy trading allowed under limits

  • VPN/VPS allowed

Cons:

  • Younger company

  • Strict consistency requirements

  • Allocation limits ($400,000 cap)

Large firms may offer more brand trust.
QT Funded may offer more flexibility in some programs.

Who Is QT Funded Best For?

QT Funded may suit:

  • Disciplined traders

  • Traders who follow structured risk rules

  • Swing traders (weekend holding allowed)

  • Traders comfortable with consistency rules

It may not suit:

  • High-risk scalpers

  • News traders

  • Traders who rely on one large trade

Strengths

  • Multiple funding options

  • Competitive pricing

  • Clear scaling plan

  • Profit split up to 90%+

  • Weekend holding allowed

Weaknesses

  • Strict rule enforcement

  • Consistency rule may limit aggressive traders

  • Young company history

  • Crypto trading not allowed on weekends

Final Verdict

QT Funded is a prop firm with clear rules and multiple funding programs.

It is not a guaranteed path to easy income. Success depends on strong risk management and rule compliance.

The firm appears legitimate, but traders should:

  • Read all rules carefully

  • Understand risk limits

  • Avoid over-leveraging

  • Test strategies before buying a challenge

As with any prop firm, there is risk. Traders should never spend money they cannot afford to lose.

Author By

FundedTrading

Trusted Media Network, Industry Award Organizer, Prop Trading Specialists.

Operating since 2022, Funded Trading has served as a premier media voice in the proprietary trading industry. As part of the FinMediaX network, we specialize in dissecting prop firm challenges, tracking industry payouts, and providing unbiased rankings to help traders distinguish between legitimate funding opportunities and scams.

Credentials

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