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Updated 2026-03-08
Quant Tekel vs FXIFY: Which Prop Firm Is Better?
Choosing between Quant Tekel and FXIFY comes down to whether you prioritize affordability or trading convenience. FXIFY's $59 challenge cost is nearly six times cheaper than Quant Tekel's $340 for a $100K account, but Quant Tekel counters with an easier 8% Phase 1 profit target versus FXIFY's 10%. Both firms launched in 2023 and maintain identical 4.4/5 Trustpilot ratings, making this comparison about specific trading requirements rather than overall reputation. This breakdown examines challenge costs, profit targets, platform options, and payout structures to determine which firm aligns with different trading styles.
QT
Quant Tekel
Est. 2023 · Cape Town, South Africa
4.4
12,000 reviews
VS
3 wins
7 ties
4 wins
F
FXIFY
Est. 2023 · London, UK
4.4
5,000 reviews
Feature
Quant Tekel
FXIFY
Challenge Price ($100K)
$340
$59✓ Lower entry cost
Phase 1 Profit Target
8%✓ Easier to pass
10%
Phase 2 Profit Target
5%
5%
Max Daily Loss
4%
4%
Max Total Loss
10%
10%
Min Trading Days
4 days
0 days✓ More flexible
Time Limit (Phase 1)
No limit
No limit
Payout Split
80% (up to 90%)
80% (up to 90%)
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
FXIFY
Pros
+First payout on demand after closing first trade - no minimum days or targets
+Up to $400,000 starting capital with scaling up to $4M available
+No consistency rules, no stop loss required, weekend holding allowed
+EAs, Martingale & Grid strategies allowed with flexible trading conditions
+$35M+ already paid out to traders with highest single payout of $117,000
Cons
−Relatively new firm established in 2023 with shorter track record
−Higher leverage options require add-ons at checkout (up to 1:50)
−Some account customization features require additional fees
−Limited information on specific challenge pricing for larger accounts
Our Verdict
Which Should You Choose?
FXIFY is the clear winner for budget-conscious traders and those testing multiple prop firms simultaneously. At $59 versus $340 for a $100K challenge, you can attempt nearly six FXIFY challenges for the price of one Quant Tekel attempt. FXIFY also removes minimum trading day requirements and allows news trading, making it ideal for scalpers and news-focused strategies.
Quant Tekel suits traders who prioritize easier qualification and faster payouts over upfront costs. The 8% Phase 1 target versus FXIFY's 10% means $8,000 in profits versus $10,000 for the same $100K account—a meaningful difference for consistent but conservative traders. Bi-weekly scheduled payouts also provide more predictable cash flow than FXIFY's on-demand system.
For most traders, FXIFY's dramatically lower entry cost outweighs Quant Tekel's advantages. The $281 savings can fund multiple challenge attempts, and the 2% higher profit target is manageable for competent traders seeking prop firm funding.
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
→Bi-weekly payouts on QT Prime funded accounts
Choose FXIFY if:
→First payout on demand after closing first trade - no minimum days or targets
→Up to $400,000 starting capital with scaling up to $4M available
→No consistency rules, no stop loss required, weekend holding allowed
→EAs, Martingale & Grid strategies allowed with flexible trading conditions
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.