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Updated 2026-03-08
FundingPips vs Quant Tekel: Which Prop Firm Is Better?
Traders choosing between FundingPips and Quant Tekel face a decision between risk tolerance and platform flexibility. FundingPips offers 5% daily loss limits versus Quant Tekel's 4%, while Quant Tekel provides broader platform support including TradeLocker and FIX API. Both firms launched recently with strong Trustpilot ratings above 4.4 stars, but their trading conditions favor different strategies. This comparison examines their rules, profit splits, and platform offerings to determine which suits your trading style.
F
FundingPips
Est. 2022 · Dubai, UAE
4.5
46K+ reviews
VS
4 wins
6 ties
3 wins
QT
Quant Tekel
Est. 2023 · Cape Town, South Africa
4.4
12,000 reviews
Feature
FundingPips
Quant Tekel
Challenge Price ($100K)
N/A
$340
Phase 1 Profit Target
8%
8%
Phase 2 Profit Target
5%
5%
Max Daily Loss
5%✓ More daily loss room
4%
Max Total Loss
10%
10%
Min Trading Days
3 days✓ More flexible
4 days
Time Limit (Phase 1)
No limit
No limit
Payout Split
60% (up to 100%)✓ Higher profit split
80% (up to 90%)
FundingPips
Pros
+Zero reward denials policy for peace of mind trading
+Flexible payout cycles from weekly to on-demand with up to 100% profit share
+Multiple platform options including MT5, Match-Trader and cTrader
+Claims over $200M earned by traders globally with strong payout track record
+Instant funding option available alongside traditional evaluation process
Cons
−Limited information available about detailed trading rules and restrictions
−Newer firm established in 2022 with less track record than older competitors
−Maximum simulated capital capped at $300K which is lower than some rivals
Quant Tekel
Pros
+Competitively priced QT Prime challenge from $30 for a $5K account
+Multiple evaluation types — 2-step, instant, and aggressive options to suit different traders
+80% profit split from day one, up to 90% as you scale
+Bi-weekly payouts on QT Prime funded accounts
+Multiple platform options including MT5, cTrader, TradeLocker, and FIX API
Cons
−News trading restricted on funded accounts — 5-minute buffer required on QT Prime, banned on QT Power and QT Ultra
−Copy trading and multi-account strategies not allowed
−Consistency rules apply across all account types with varying thresholds
−Restricted countries include Russia, Iran, North Korea, Sudan, Syria, and Cyprus
Our Verdict
Which Should You Choose?
FundingPips suits aggressive traders and scalpers who need maximum daily risk allowance and flexible evaluation periods. The 5% daily loss limit provides significantly more breathing room than Quant Tekel's 4%, while the 3-day minimum trading requirement gets you funded faster. Despite starting at a lower 60% profit split, FundingPips scales to 100%, potentially offering better long-term earnings for consistent performers.
Quant Tekel works better for algorithmic traders and those requiring specific platforms like TradeLocker or FIX API connectivity. The 80% starting profit split beats FundingPips' 60%, making it attractive for traders confident in their consistency. However, the 4% daily loss limit and 4-day minimum trading requirement create tighter constraints.
For most retail traders prioritizing risk management flexibility, FundingPips wins due to the superior daily loss allowance and faster evaluation process. The extra 1% daily risk tolerance often determines success or failure in prop trading challenges.
Choose FundingPips if:
→Zero reward denials policy for peace of mind trading
→Flexible payout cycles from weekly to on-demand with up to 100% profit share
→Multiple platform options including MT5, Match-Trader and cTrader
→Claims over $200M earned by traders globally with strong payout track record
Choose Quant Tekel if:
→Competitively priced QT Prime challenge from $30 for a $5K account
→Multiple evaluation types — 2-step, instant, and aggressive options to suit different traders
→80% profit split from day one, up to 90% as you scale
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.