Quantec Trading Capital Reviews 

Meu pagamento caiu conforme as regras da empresa, tinha um saldo superior, porem não fiquei atento a todas as regras! A empresa justa foi e me pagou o que tinha feito de maneiro correta, recomendo.

No pongo menos estrellas porque no se puede.
Estafa de empresa.
Realice el retiro y me lo deniega por supuesto copytrading: « Los patrones indican que su estrategia comercial se ha replicado en numerosas cuentas bajo diferentes registros. »
Les pido que me demuestren que es copy trading y me mandan un PDF con mis operaciones y supuesta operaciones de otras cuentas similares (no tienen ni el mismo precio de entrada ni de salida) a las mías.
Me explican cómo pretenden que un trader opere? Es lógica pura si es momento de compras que muchos traders entre en compras al igual si fuera ventas.
Entonces como suponen que debemos operar? Solo demuestran que quieren sacar nuestro dinero y nada más.
No cojan una cuenta con ellos. Solo quieren sacar dinero y no pagar.

Finally Quantec reply my command
And there is ridiculous answer
Here is their reply:
Dear Chi Shan Law,

Thank you for sharing your concerns. In accordance with our policies, the first withdrawal is capped at 2.5% of your account balance, which in your case amounts to a maximum of $2,500. The 35% daily profit limit is calculated based on this amount, meaning the highest profit you can generate in a single day is $875.

On July 31st, your earnings totaled $1,826.75, and on August 1st, $2,370.75.
These amounts were adjusted from your total withdrawal request, as we only consider positive trades for the day when applying the daily profit rule.Of the remaining profit, 60% of the eligible gains were paid out to you.

We hope this explanation clarifies the details regarding the withdrawal rules. We would also kindly ask you to reconsider your review on Trustpilot, potentially updating it to 3 or 4 stars.

We deeply value your trust and look forward to continued collaboration and growth.

You may also check our FAQ under Profit Split where the cap is stated.

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Here is copy from website about the rules:

To provide a clear example of how the 35% Day Profit Consistency Rule would work in the context of a $100,000 trading account, let's simulate a scenario where your account achieves different levels of profit over a 30-day trading period, and see how this rule applies upon a payout withdrawal request.

Example Scenario:

Imagine you have a $100,000 trading account, and over a 30-day trading period, you achieve varying daily profits, leading to a total accumulated profit of $15,000 by the end of the period.

Daily Profits Example (simplified for clarity):

Day 1: $500
Day 2: $1,000
Day 3: $3,000 (Note this day as it's a significant profit day)
Day 4: $600
Day 5: $400
... (and so on, with varying amounts leading to a total of $15,000)
Step 1: Calculate the Maximum Allowed Profit Per Day

According to the rule, no single day's profit can exceed 35% of the total profit. Thus, we first calculate 35% of the total profit: Maximum Allowed Single Day Profit=35%×$15,000=$5,250Maximum Allowed Single Day Profit=35%×$15,000=$5,250

Step 2: Evaluate Daily Profits Against the Rule

From the given example, let's focus on Day 3 where you made $3,000:

Although $3,000 is a large single-day gain, it is less than the maximum allowed single-day profit of $5,250.
No Violation Detected:

In this case, Day 3, despite being a high profit day, does not violate the 35% rule since $3,000 is less than $5,250.
Step 3: What If a Violation Occurred?

Suppose instead that on Day 3, you had earned $6,000:

This amount exceeds the maximum allowed of $5,250.
According to the rule, this day would be considered a soft breach upon submission of a payout withdrawal request.
Handling a Soft Breach:

The profit exceeding the 35% threshold will be removed from your total profit calculation for the payout.
The account would remain active, and you would retain access, but the payout amount might be adjusted to comply with the consistency rule.
Conclusion:

This rule is designed to encourage traders to aim for consistent profits rather than relying on a few days of very high gains, which could reflect higher risk trading strategies. By applying such a rule, the trading firm also manages its risk and ensures more stable performance across its managed accounts.
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If base on Quantec explanation

example is wrong ,because if first month is 2.5% profit cap ,the profit should count from 2500 not 15000 in your example ,day 2 and day 3 are breach

Even if later month,if using your explanation,profit cap is 5% only,also count by5000 not 15000 , then day 3 also branch in your example.

So the rule of your website have not said the daily profit limited is count by profit cap,you already lead people misunderstand and cheat because in the example it is impossible count by 15000 because there is a profit cap of 2.5% or 5% of the balance .so just make some excuses to not paying me.

And most funny thing is the reason they deduct my profit is because they said my daily profit limited is 384.3875, but now they respond that my daily profit limited is 875,so which one is correct.if 875 is correct , so i should have1531.95 remain and 60% of it is 919.7
But I only get 329.

And they said my 31/7 and 1/8 daily profit is $1,826.75 and 2,370.75.which is wrong
Here is my daily result that I already cap screen and record

30/7 561
31/7 1591.7
1/8 1635.7
2/8 427.95
5/8 390
6/8 -57
7/8 40
8/8 -65
9/8 83
12/8 152

You see even they lie all

I will not remove the command of Trustpilot unless you give my money back.

Every can see my review and they will have good judgement what you guys did.

I am just follow what the rules said in website. So Quantec my payout is just little so don’t make excuses to not pay me the payout
Be fair

So after all these days i can have a good feedback.
After more than 20% in 7 months, 6 payouts, alls denied for consistency, risk management etc, they finally ban me on this last payout, due to risk ahahahh.
To see if this company really scam, i make exact same amount of profit for 11 days (0.25%) so all days got same profit.
They denied also this one, because i am a risk for this firm (of course, profitable trader are risk what a joke ahah).
I have all proofs, all trades and all conversations. AVOID Quantec if you don't want to waste time+money.

Here is the last mail, due to payout request :) :

Dear Trader,

We hope this email finds you well. We value your partnership with Quantec Trading Capital, and it is with regret that we bring an important matter to your attention regarding your trading account #88909826.

Following a comprehensive review of your trading strategy and its potential impact on our risk management, we find ourselves unable to continue supporting your current trading approach. The inherent risk associated with your strategy poses challenges to the overall financial stability of our firm.

While we appreciate the diversity of trading strategies among our clients, we must uphold a risk profile that aligns with the long-term sustainability of our business. Unfortunately, your trading strategy falls outside the risk parameters that we can accommodate.

As a result, we have made the difficult decision to close your trading account with us, effective immediately. This decision is not a reflection of your trading abilities but is solely based on the risk assessment and financial considerations of our firm.

In line with our commitment to client satisfaction, we acknowledge the note based on what is described in the Independent Contractor Agreement – Funded Trader, clause 21)b).

Here are the key details related to the account closure:
- Closure Date: 10/10/2024.

We understand that this news may come as an unexpected development, and we apologise for any inconvenience it may cause. If you have further concerns or inquiries, please do not hesitate to contact our Customer Support team.

We appreciate your understanding in this matter and we wish you continued success in your future trading endeavours.

Best regards,

Quantec Trading Capital Risk Team

Passed the accounts and went for pay-out on live funded accounts got rejected both times with saying copy trading but i traded my own trades so that's impossible then told me on 2nd time consistency breach, complete rubbish on both occasions they just don't pay

Recibí mi pago en 5 días más o menos, incumplí una regla en un proFit lo eliminaron y pagaron el restante, gracias.

Siguen diciendo que están revisando,no se qué tienen que revisar,si me cerraron en perdida a la misma hora del mail,tengo la cuenta,en +4k,para cobrarla ya,a la espera que me devuelvan,mi profit robado
No me contestan y no me resuelven ese fallo enorme que tuvieron,exijo una solución inmediata a este problema
Un saludo

*******AVOID AVOID AVOID*******
This company is running a SCAM operation and will avoid paying you at all costs. Once you request a withdrawal, they will make bogus claims from paying you. This company should be shut down immediately Do not, I repeat, Do not do business with this company. You will be better off throwing your money in the wind.

Pago recibido en 6 dias. Si cumples las reglas la empresa paga.

Please don't not purchase any of their account, I just got scammed by them right now , they decline my payout after waiting for 2 months with no excuse,this company will make you work for 30 days and gives you nothing but some ungeniue excuses. I never break their consistency rules, I only use one lot size which is 0.5 throughout my trade but as expected they decline the payout

what hell is this. this company is just scam, they purpose is to collect money from you and bring some nonsense reason to try again.
Let me ask you... if a firm is a scam . what do you expect from them ????
Don think they have a favor of you

Please don't make the mistake of investing in this company. There's nothing to achieve with them because they're only after your funds. I'm speaking this from experience because I learnt my lesson the hard way. After a while, I moved on with Paiva -they're consistent in the service they offer to their customers.

siempre buscan una excusa para no pagarte, cuando se les acaban sus excusas simplemente te cancelan tu cuenta, soy Dr, y trader desde hace varios años, en verdad no mal gasten su dinero en esta empresa vale 0 esta empresa solo roba

What can I say that hasn't been said by the other 75% 1 star reviews.
Requested a payout on 9 Sept, took them over a week to get back to me and the receive same answer as other reviews here, my account was taken away and the reason given: Risk Management.
I trade this exact same strategy with other reputable prop firms and have had no issues with payouts.

These guys are a scam and extremely immoral, just stealing traders money.

STAY AWAY!!!

PS: If you want to believe the 5 star reviews, take note of how many reviews those people have done, usually its their only review. I'm not saying they scam reviews, bit it is suspicious...

UPDATE:
Their reply to my review is an absolute lie, they did NOT request any additional information from me. They owed me money, then decided to close my account and made up an excuse of “risk management” without any proper explanation. I have all the “receipts”
These guys fraud and immorality knows no bounds.

A/c number 88920570
After 3 payout requests declined, i finally thought they will pay when the last decline was due to 'minimum number of days traded' because they asked me to make the 3days and they will do a manual request of my payout which i did. Then the decline to pay again due to ''Risk Management''. then i get an additional email that my account will be suspended because of my risk management strategy. Quantec is a total scam and anybody thinking of a prop firm, please steer clear of this one.

La nueva aplicación para operar no tiene presentación literal es como si no hubiera interfaz, y no se como hacer para seguir operando mi cuenta desde la nueva plataforma porque es practicamente imposible de entender, practicamente es una pagina (la de 8eightcap) que hizo un estudiante de programación en 5 min

For me this is the best hft propfirm out there. I have been using this propfirm for almost 4 months and today i got my first payout. Always hardwork pays in the end.

I'm very very hapy with Quantec. The only propfirm that suits my trading strategy and actually pays.

Was a bit sceptic about Quantec but i got payout from them. It took only 4 days. I'm happy with them.

I've had 2 payouts declined, even though I am inside all of the rules. I even went to the length of creating a Python calculator to work out if I'm inside the 35% daily profit rule, which I was on the both accounts. They used the "CLOSED P&L" figure on DX Trade to work out the 35% rule, instead of "NET P&L" (which is what you get paid out on). They ignored all of my emails asking which figure they use, then said there is a violation on my second payout request for "risk management" - even though all of the trades are the same size, all at different times, and are all unique. I am actually filing a complaint to ASIC (the Australian regulator) - this company is a parent company of PTT (Prop Trading Tech) - for those of you who are reading this & would also like to do the same. Please report them as they are just mugging people off, and should not be operating at all. I have 6 years full time experience as a trader, it is extremely annoying when you use a firm like this that DOESN'T PAY YOU - as it messes up your financials for the month. Avoid this firm at all costs.