Which firm has easier passing requirements?

Ultimate Traders has easier requirements with a single-phase evaluation compared to Quant Tekel's two-phase system requiring 8% profit in phase 1 and 5% in phase 2. Ultimate Traders also eliminates daily loss limits and minimum trading days that trip up many traders.

Can I trade news events with both firms?

Quant Tekel restricts news trading while Ultimate Traders' policy is undisclosed. If you're a news trader, you'll need to verify Ultimate Traders' specific rules before choosing them over Quant Tekel.

Are both firms trustworthy?

Quant Tekel shows stronger credibility with 12,000 Trustpilot reviews (4.4/5) versus Ultimate Traders' 500 reviews (4.2/5). Both were founded in 2023, but Quant Tekel's Cape Town location and larger review base suggest more established operations.

Which firm pays faster?

Quant Tekel offers bi-weekly payouts, while Ultimate Traders hasn't disclosed their payout frequency or schedule. For traders needing predictable income, Quant Tekel provides clear expectations while Ultimate Traders remains uncertain.

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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.

Quant Tekel

Est. 2023 · Cape Town, South Africa

4.4

12,000 reviews

4 wins

6 ties

3 wins

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

N/A

Phase 2 Profit Target

None (single-phase)✓ Single-phase evaluation

Max Daily Loss

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

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

+Flexibility to choose between 1-Step or 2-Step challenge process

+No maximum time limits allowing traders to work at their own pace

+Traders retain up to 90% of gains from trading

+Refundable challenge fee after successful completion and first withdrawal

+All challenges run on real servers for authentic trading experience

Cons

−No refund available once login details are provided after payment

−Limited information available about specific trading rules and conditions

−Relatively new firm established in 2023 with limited 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:

→Flexibility to choose between 1-Step or 2-Step challenge process

→No maximum time limits allowing traders to work at their own pace

→Traders retain up to 90% of gains from trading

→Refundable challenge fee after successful completion and first withdrawal

Quant Tekel — Start Your Challenge →Or try Ultimate Traders instead

Most traders choose Quant Tekel based on this comparison

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Frequently Asked Questions

Quant Tekel vs Ultimate Traders FAQ

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Try Quant Tekel →Try 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.