TPThe Trading Playbook
ℹ️This page may contain affiliate links. We earn a commission if you purchase through our links, at no extra cost to you. Learn more

Updated 2026-03-08

Quant Tekel vs Ultimate Traders: Which Prop Firm Is Better?

Traders choosing between Quant Tekel and Ultimate Traders face a decision between structure and flexibility. Quant Tekel offers a traditional two-phase evaluation with bi-weekly payouts and multiple trading platforms, while Ultimate Traders eliminates daily loss limits and minimum trading days entirely. This comparison examines their evaluation processes, risk parameters, and trader support to help you determine which firm aligns with your trading style.

QT
Quant Tekel
Est. 2023 · Cape Town, South Africa
4.4
12,000 reviews
VS
4 wins
6 ties
3 wins
UT
Ultimate Traders
Est. 2023 · N/A
4.2
500 reviews
Feature
Quant Tekel
Ultimate Traders
Challenge Price ($100K)
$340
N/A
Phase 1 Profit Target
8%
N/A
Phase 2 Profit Target
5%
None (single-phase)✓ Single-phase evaluation
Max Daily Loss
4%
No limit✓ No daily loss limit
Max Total Loss
10%
N/A
Min Trading Days
4 days
None✓ No minimum
Time Limit (Phase 1)
No limit
No limit
Payout Split
80% (up to 90%)
N/A
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
Ultimate Traders
Pros
+No maximum time limits for challenges allowing traders to work at their own pace
+Choice between 1-step or 2-step challenge process for flexibility
+Retain up to 90% of trading gains
+Challenges run on real servers for authentic trading experience
+Fee refund available after successful completion and funded phase
Cons
−No refunds given once login details are provided after payment
−Limited information available about specific trading rules and restrictions
−Relatively new firm founded in 2023 with less established track record
Our Verdict

Which Should You Choose?

Quant Tekel suits traders who value structure, reliable payouts, and platform diversity. With bi-weekly payouts, support for MT5, cTrader, TradeLocker, and FIX API, plus a strong reputation from 12,000 Trustpilot reviews (4.4/5), it's ideal for systematic traders and those who need consistent income streams. The firm's established presence in Cape Town adds transparency.

Ultimate Traders appeals to aggressive traders and scalpers who need maximum flexibility. The single-phase evaluation with no daily loss limits or minimum trading days removes common stumbling blocks for high-frequency strategies. However, the lack of disclosed payout information and limited review base (500 reviews) creates uncertainty around income reliability.

For most traders, Quant Tekel offers the better package. The bi-weekly payouts and transparent structure outweigh Ultimate Traders' flexibility advantages, especially given Quant Tekel's significantly larger review sample and established 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
→Bi-weekly payouts on QT Prime funded accounts
Choose Ultimate Traders if:
→No maximum time limits for challenges allowing traders to work at their own pace
→Choice between 1-step or 2-step challenge process for flexibility
→Retain up to 90% of trading gains
→Challenges run on real servers for authentic trading experience
Frequently Asked Questions

Quant Tekel vs Ultimate Traders FAQ

Related Comparisons
/Compare/Fundednext vs Quant Tekel →/Compare/Ftmo vs Quant Tekel →/Compare/Fundingpips vs Quant Tekel →/Compare/Fundednext vs Ultimate Traders →/Compare/Ftmo vs Ultimate Traders →/Compare/Fundingpips vs Ultimate Traders →
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.