QT Funded

QT Funded launched in October 2023 as the proprietary trading arm of Quant Tekel, a brokerage regulated in South Africa and the United Kingdom, and operates from London. That parentage matters more than most marketing claims in this sector: prop firms are almost universally unregulated intermediaries paying out of their own balance sheets, so sitting beneath a licensed brokerage places QT Funded alongside FTMO, which acquired OANDA in December 2025, and TradingCult, backed by TradersTrust. The scale supports the structure - over 85,000 customers across 110 countries, more than $17 million paid to traders, and a 4.4 Trustpilot rating drawn from roughly 12,000 reviews, which is a far larger evidence base than most mid-tier firms can show. Four models make up the lineup. QT Prime, Power and Ultra are two-step challenges; QT Instant funds you immediately. The drawdown mechanics differ meaningfully between them and this is where most buyers should focus. Prime applies a 4% daily drawdown fixed to your initial balance and a 10% maximum drawdown that is static, so the floor never rises as you profit - the most forgiving structure on offer. Power calculates its daily limit from end-of-day equity instead, at 3% on legacy accounts or 4% for those opened after 9 April 2025, which behaves quite differently once you are ahead. Instant is tightest at 3% daily fixed to the initial balance. Commercially, most accounts pay 80%, but the QT Prime On-Demand model allows traders to keep 100% of profits if they meet its targets - a genuine full split rather than the paid upgrade several competitors sell. Payout cycles are configurable at weekly, bi-weekly or monthly with a $110 minimum, and independent testing in Q2 2026 found bank transfers completing in under 24 hours.

QT Funded has the strongest structural credentials of any mid-tier firm covered here. It is the prop arm of Quant Tekel, a brokerage regulated in both South Africa and the UK, based in London, and it reports 85,000-plus customers across 110 countries with over $17 million paid out. A 4.4 Trustpilot rating across roughly 12,000 reviews is a substantial and hard-to-manufacture evidence base, and independent Q2 2026 testing found bank withdrawals clearing in under 24 hours. Regulation of the parent brokerage does not directly regulate the prop product - that distinction is worth understanding - but it does mean there is a licensed entity and a supervisory record behind the operation, which is more than most competitors can say.

Choose QT Prime unless you have a specific reason not to, because its drawdown structure is the most forgiving in the lineup and the difference is larger than it first appears. Prime fixes both the 4% daily limit and the 10% maximum drawdown to your initial balance, which makes the maximum a static floor - it never rises as you profit, so every dollar you bank becomes genuine cushion. QT Power instead calculates its daily limit from end-of-day equity, meaning the figure moves with your account and behaves quite differently once you are ahead. QT Instant is tightest of all at 3% daily. Build a buffer early on Prime with small size, then trade normally above it. The rule most likely to catch you out is not the drawdown but the All-or-Nothing prohibition: you may not risk more than 75% of your drawdown on a single position. That caps size relative to your remaining room rather than your balance, so the closer you get to your floor the smaller your maximum permitted position becomes - which means a trader trying to recover from a bad stretch is precisely the one most at risk of breaching it. Never size a recovery trade against your original allowance. If you use Expert Advisors, get them approved before you start rather than assuming permission, and avoid tick scalping, latency arbitrage and group hedging entirely. Weekend holding is permitted except on crypto. Once funded, decide your payout cycle deliberately - weekly, bi-weekly or every 30 days are all available with a $110 minimum - and if you want the 100% split, read the Prime On-Demand targets before you start trading rather than discovering the requirements afterwards.