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Rated 5 out of 5 stars

So far it’s been a decent run. One of the smoothest onboarding processes I’ve had this year even while firms are falling apart. Trader-friendly trading conditions ( can be better if adjust SL rule 🙏�... See more

Company replied

Rated 1 out of 5 stars

Silly customer service and communication. They need to give more details about their migration to the customer. What they say is to be patient and wait. Well, we bought your products but suddenly stop... See more

Rated 1 out of 5 stars

Absolute joke of a firm A pathetic dashboard that can’t update Nothing more than a ponzi to take vulnerable traders money Smug, disrespectful staff Absolutely absurd rules impleme... See more

Rated 5 out of 5 stars

Really competitive challenge conditions and pricing. Received credentials for account quickly & also phase 2 & funded contract quickly. Support team are super active and responsive. I’ve requested... See more

Company replied

Company details

  1. Educational institution

Written by the company

Ascendx Capital presents a unique two-step Evaluation Process tailored for traders. This meticulously crafted journey involves an Ascendx Challenge followed by Verification, aimed at revealing trading acumen. Upon successful completion, traders earn the opportunity to trade on an Ascendx Account, potentially with a balance of up to $200,000. While challenges may arise along the path to this achievement, our array of educational resources, Account Analysis, and Performance Coaches are primed to bolster your quest for financial independence.


Contact info

3.5

Average

TrustScore 3.5 out of 5

583 reviews

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Hasn’t replied to negative reviews

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Rated 1 out of 5 stars

This company is a scam

This company is a scam – avoid them! I purchased an MT5 account from Ascend X Capital before they rebranded to Quant Tekel, and I never received anything. It's been over two weeks, and I still don’t have my MT5 account credentials. They’ve started ignoring my questions in Discord, and their email support hasn’t helped at all. In my five years of trading, I’ve never dealt with anything this frustrating.

**UPDATE:** The company harassed me to take down this review, so I’m posting it again. I still haven’t received the service I paid for, and now they’re implementing unfair rules to prevent me from accessing their platform.

3 October 2024
Unprompted review
Rated 3 out of 5 stars

Running an account with this firm is…

Running an account with this firm is unreliable because they'll just come up with certain excuses not to give you what you deserve. They're completely disloyal. I wouldn't recommend them to anyone. My account with them suddenly disappeared without any good reason. On the other hand, choosing to move on with Paiva has been the best option I've made—no more stress.

2 October 2024
Unprompted review
Rated 1 out of 5 stars

My 200k Challenge just disappeared

My 200k Challenge just disappeared. No response from Ascendxcapital and no response from Quentek. What an honorable way to run a business. Just take my money and then say oh we changed our name or merged with another firm Sorry

18 September 2024
Unprompted review
Rated 5 out of 5 stars

Best customer service from Edd

Was helped by Edd he is the best Mod I have written several others never gotten a response or I was referred to support which is very helpful but instead Edd was helpful got problems sorted in no time he is e genuine guy and deserves a raise Alex 😉

27 September 2024
Unprompted review
Rated 3 out of 5 stars

Quant Tekel

Quant Tekel. Hello i had Assendx capital and it no longer works. And my login doesnt work on your new platform. Also my accounts are not there on Ctrader 100k account and 50k account. I have no access to contact anyone, coould someome help me please

26 September 2024
Unprompted review
Ascendxcapital logo

Reply from Ascendxcapital

Hello Jason,

Thank you very much for sharing your experience with us. Kindly, reach out to Mk@ascendxcapital.com, and I will look into this case for you!

Rated 1 out of 5 stars

I purchased a challenge for 25k

I purchased a challenge for 25k. I haven't received the login details yet. I have written them 3 emails yet so far, I haven't gotten anything back yet.

23 September 2024
Unprompted review
Ascendxcapital logo

Reply from Ascendxcapital

Hello Bashir,

Thank you very much for sharing your experience with us. Kindly, reach out to Mk@ascendxcapital.com, and I will look into this case for you!

Rated 1 out of 5 stars

Worst educational system the accounts…

Worst educational system the accounts are destroyed for selfish benefits leaving the customers pained. I hope karma would catch them. I later searched r ě f ù ń ď b â ć ķ Ň ẽ ț to aid the pending issues of my account

21 September 2024
Unprompted review
Rated 1 out of 5 stars

You will have unstable customer service and products for a long time.

Silly customer service and communication. They need to give more details about their migration to the customer. What they say is to be patient and wait. Well, we bought your products but suddenly stopped working, and we don't know how long we need to wait. Just let us wait another month and start. Why do you say, "Oh, it'll be ready soon, by Sunday," it's Sunday, and you have so many issues now. Very unsatisfying business operation.

22 September 2024
Unprompted review
Rated 2 out of 5 stars

what happen to our challenge account???

what happen to our challenge account???

As a US resident i can only use Dx trade platform.
they said they have issue with Dxtrade platform..it has been 1 week.
now i can't even assess their website. they migrate to a new name which i can't log in with my account....
is there anyone have the same issue like me???

21 September 2024
Unprompted review
Rated 5 out of 5 stars

I've had an amazing experience with AscendX Capital!/Quant Tekel

I've had an amazing experience with AscendX Capital!/Quant Tekel The support from the team has been outstanding, and they're always there to assist when needed. Special shoutout to Fury—the staff is amazing and always goes above and beyond to help. The platform is user-friendly, and they provide all the necessary tools for success. Highly recommend AscendX Capital/Quant Tekelfor anyone looking to advance their trading career with a reliable and supportive prop firm!

21 September 2024
Unprompted review
Rated 5 out of 5 stars

Consistency

Throughout my experience with acsendX I haven’t had anything more smoother. Minimum spreads. Good rules to keep people in check and lower targets. Any problems have been solved within the day and special thanks to Fury for the hard work!

21 September 2024
Unprompted review
Rated 1 out of 5 stars

I didn't recommended at all

Website disable, emails disable, you can't reach any one now, they said the migration will take 4 days, and now its more than a week I lost a lot of trading opportunity, system stop working on the news I have screenshots and recorded everything step by step, so no need to argue with me at all, now the service seems call off and they take our Money and Thank you so much, for sure If they need to fix this they have to give us a new challenge accounts or refund us our Money, and for sure I didn't recommended at all.

21 September 2024
Unprompted review
Rated 1 out of 5 stars

Worst company in this industry ibr

Worst company in this industry ibr, migration takes longer then said ( just next time say a real achievable date). Mods arent checked up on their own facts i told them 5 point spreads are ridiculous and he said and i Quote „its not 5 points which clearly shows you dont have a full understanding of points and pips,
Its is floating 0.3-0.6“ upon which i send him a screenshot of his own boss sending a pic of the spreads where is says 5 points and he still tries to argue bc of timing (19:26 normal timing for EURUSD) and „Add that to the conditions that will be available aand rules in place it is more then fair,“ some of the worst rules in the industry its like every companies worst rule combined. (2% max per trade idea, max lots, no news for like 5mins, no closing of Trades in between 2 mins after opening and only 30 seconds timing to set sl and tp ) plus i got banned on dc cuz someone said „i have an avergae unprofitable mind“ upon which i responded with „i made more in 1 trade then u in ur journey“ which is true and i can fact check for everybody. So this firm all in all with its new south african broker is going down. Also never forget no refunds even tho i never agreed with the new brokers ToS just cuz in the old one they say „no refunds“ even tho they are from UK which has strict Refund policies.

19 September 2024
Unprompted review
Rated 2 out of 5 stars

Im not happy at all

Im not happy at all, the migration is taking forever and I missed so many trades. If I knew that would happen I wouldn’t have buy my funded account from this platform. The contact is not going good. Im not getting any answers for my questions and I had enough. I want a solution now because im not happy

19 September 2024
Unprompted review
Rated 1 out of 5 stars

Scam Firm

Scam Firm. I was in a-6 dd in live acc crawl back then went into profits and requested a payout . These guys denied it saying i put a sl after 24 sec in a trdae which was a trade i took a week before . No emails no warning nothing. tarders wirk so hard to make profits and these guys just scam people out of it. dw Karma will get u guys

13 September 2024
Unprompted review
Rated 1 out of 5 stars

Falsely advertised MT5

I have paid for an evaluation on MT5, which the firm has not yet made ready, despite falsely advertising that it was available. They also do not know when it will go live. Their customer service center has very little knowledge and often fails to reply or offer any alternative solutions for their customers.

They lack empathy and don't know how to keep their customers satisfied. I would advise staying away from signing up with this firm, as there are plenty of trusted firms to choose from.

13 September 2024
Unprompted review
Rated 4 out of 5 stars

I failed a number of accounts with…

I failed a number of accounts with them….:my fault not theirs.

I however had a slippage of 12.8 points on Dax during a non news event which breached my daily loss limit.

12.8 points was far too much in my opinion. A shame as I liked Ascendx and happy to write about the positives too (affordable), various platforms, helpful back office; uk based), but if you take the plaudits then you also have to take the brickbats too.

11 September 2024
Unprompted review

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