Quantec Trading Capital Reviews 527

TrustScore 1.5 out of 5

1.7

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Rated 1 out of 5 stars

Scam company. Always use lot consistency reason for withdrawal denial. when you overcome all their rules, they terminate your account. Reason will be that you shared your account etc. Breached their r... See more

Company replied

Rated 1 out of 5 stars

I have 4 25k accts with Quantec. Over the Xmas holiday they were not traded. Quantec have a rule that says if the acct is not traded for 30 days it is in breach. I was careful ensure I placed... See more

Rated 1 out of 5 stars

I wouldn't recommend investing with this company, eh. Back on April 15th, they said they'd approve my withdrawal, but I haven't seen a dime since, and honestly, I'm not holding my breath. I've sent th... See more

Company replied

Rated 1 out of 5 stars

Please don't not purchase any of their account, I just got scammed by them right now , they decline my payout after waiting for 2 months with no excuse,this company will make you work for 30 days and... See more

Company replied

Company details

  1. Educational institution

Written by the company

Quantec is a Singaporean based proprietary trading firm. Traders have the ability to unlock up to $1.2million in funding. Start your trading journey and unlock your full potential today.


Contact info

1.7

Bad

TrustScore 1.5 out of 5

527 reviews

5-star
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1-star

No history of asking for reviews

This company hasn't invited their customers, so reviews may not be representative

Hasn’t replied to negative reviews

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Rated 1 out of 5 stars

They had no reason to decline my…

They had no reason to decline my withdrawal request it’s the same lot size everytime, I hope nobody ever buys a challenge from them I worked hard trading and being in the military it’s hard enough… I’m going to Topstep

13 May 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear Nydrel Smith,

We apologize for any inconvenience caused by the decline of your withdrawal request. We understand the importance of timely and consistent processing in trading, especially given your dedication and the challenges you face.

Our team is currently investigating the specifics of your case to ensure that such issues do not recur in the future. We value your feedback and are committed to improving our processes to better serve our clients.

If you have any further concerns or if there's anything we can do to assist you, please don't hesitate to contact our customer support team.

Thank you for bringing this to our attention, and we wish you the best in your trading endeavors.

Sincerely,
Francisco
Quantec Trading Capital Team

Rated 1 out of 5 stars

NO PAGAN

Pésimos… les di una oportunidad y efectivamente NO PAGAN! Una auténtica basura de profirm. No perdais vuestro tiempo aquí. Cuando llega la otra del reintegro te buscan las mil vueltas para no pagarte.

No hablemos de injusticias por que esto si lo es: (correo electrónico que me enviaron ustedes).

Dear Trader,
Our team has carefully reviewed your trading account and we regret to inform you that your withdrawal request has not been approved at this time.
Despite your efforts and dedication in your trading journey, there are certain factors that have led to this decision.
As part of the process, our dedicated Risk Team has carefully assessed your withdrawal request, and we found that the account #88921377 has encountered a breach of our Schedule of Assessment concerning the following rules:
Profit Consistency Rule Breach.
35% per trade profit limit:$484.9215
Trades Detected:6153202, 6153211, 6402962, 6402975, 6448545, 6448619
Amount from Flagged Trades:$1642.46
Amount Removed: $1,385.49

13 May 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Hola Dailos,

Lamentamos profundamente que hayas tenido una mala experiencia y agradecemos que hayas tomado el tiempo para compartir tus comentarios. Nos gustaría aclarar algunos puntos importantes en relación con tu reseña.

Nos parece injusto y poco profesional de tu parte dejar una reseña de una estrella debido a la pérdida de tu cuenta por exceder el límite de pérdida diaria. Cuando se excede este límite, la cuenta se cierra automáticamente, independientemente de cualquier otra circunstancia.

Tu reseña menciona problemas con no haberte hecho el pago pero en tu caso específico, no has ni siquiera alcanzado el nivel necesario para solicitar un retiro debido a que tu cuenta no tenía beneficios.

Saludos,
Equipo de Quantec

Rated 1 out of 5 stars

Scam….this company is trying to…

Scam….this company is trying to challenge my first review so let me leave another. Stay away from this company. They do not give withdrawals and fund every excuse not to give you one. They are just collecting money. The 5 star reviews in these other messages are fake reviews they paid for.

Response to Quantec response: Not true about the denial of withdrawal, that was the initial reason you gave me and then I traded for 10 more days and then you denied me again! Message me if you would like to see proof that they are lying. Google my name and you’ll find me.

10 May 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Hi Randy,

Upon review it appears your withdrawal request was declined due to not meeting the minimum trading days, please check your dashboard when requesting withdrawal to ensure you meet all requirements, calling our firm a scam because you did not meet the rules for withdrawal is unfair.

Regardless we appreciate your feedback.

Rated 1 out of 5 stars

Do not invest in challenges from this…

Do not invest in challenges from this company. I requested a withdrawal, which was approved on March 12th, but I have not received the money yet and I don't think I will. I already emailed them for many times and I receive only an automatic message.

12 March 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital


Hi Ana,

Thank you for taking the time to leave us a review. We truly appreciate your feedback and are excited to let you know that Quantec Trading now has a new management team dedicated to providing the best service possible.

Upon reviewing your account on our dashboard, we noticed that the profit you requested was below our required minimum of $100. This policy is in place to prevent unnecessary payment fees that could reduce your earnings significantly. For instance, processing a $100 transfer might result in you receiving approximately $70 after the deduction of bank fees.

Please feel free to reach out to our payments team at support@quantectrading.com for assistance. We want to assure you that your account remains active, and you are welcome to continue trading.

Best regards,

Quantec Trading Team

Rated 3 out of 5 stars

Awaiting my withdrawal to be paid…

Awaiting my withdrawal to be paid without receiving a response from the email address provided.

Still no response after two weeks

This was submitted on April 19th and I'm still waiting with no answer at all
Extremely dissatisfied with this service.

I'm grateful to to have found the offerings of Echelonis Elitus because their offerings have enabled me get through this hard times.

11 May 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Hi Thomas,

We are unable to find any information using your email and name in our data base. If you have any questions please do not hesitate to contact us via support@quantectrading.com.

Regards

The quantec trading team

Rated 4 out of 5 stars

withdraw request had been approved with…

withdraw request had been approved with 3000$ and they are trusted Prop Firms , the only negative point is withdraw request review take more than 10 Working days to be approved but totally i encourage any one to join with this Good Prop Firm .

8 May 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

We really appreciate you taking the time to leave us your comment. We want to assure you that all our policies and rules are clearly detailed on our website, especially in the Frequently Asked Questions section. We invite you to visit our page for more detailed information. If you need any further clarification or assistance, please don't hesitate to contact us. Thanks again for your interest and feedback!

Rated 1 out of 5 stars

Do not do business with this company, SCAM

Wish I could give them zero star, they’re the worse prop firme ever, always changing rules to scam customers, never pay, they always have one excuse or another and the customer is literally un existent, DO NOT DO BUSINESS WITH THEM, it’s a honest review

3 May 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Could you please provide me with more details about the issue you have experienced with our services? We are committed to finding a satisfactory solution for you and resolving any problems you may have encountered. Your feedback is crucial to us and will help us continuously improve our services. I look forward to your response so that we can address this issue effectively.

Rated 1 out of 5 stars

Save your nerves and time by avoiding this company.

This is a pretty scam company that won't send you money unless your profit is around $50-100. What's the point of using a fund company when due to restrictions and rules I can't make more profit than a normal own account. I have been working with them for 3 months and have had 2 declined withdrawals so far. If you are going to trade with fund companies, it is better to choose another one that is proven on the market and does not constantly invent new rules in order not to pay traders. In my opinion, it's no accident that they allow the use of HFT robots to complete the challenge :)

I am adding this text after receiving a response from the company. The rules that you have created are made so that you will always be correct according to the law, but for traders, working with you is a complete waste of time and money. I won for you quite a large amount and I didn't get $1 because your rules are made in such a way that i can't win an amount that corresponds to the amount of capital that I manage, this is not a correct business because you only look at your interest and not at the traders.

Trading is a risky business for both sides and traders cannot operate without money because one side only protects its own interest.

6 May 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Hi Ventsislav, this is simply untrue we have paid over $1.3 million USD in payouts this year and have made many payments exceeding 10k, unfortunately people use Trustpilot to vent. Based on your withdrawal you were flagged for breaching profit consistency and as such your withdrawal was rejected, please do not accuse a firm of being a scam when you simply did not follow our rules.

We apprecaite your feedback, please do not be disheartened and we wish you all the best for your future trading with Quantec Trading Capital

Rated 1 out of 5 stars

SCAM SCAM SCAM …

SCAM SCAM SCAM
I traded this account twice both times with no pay out 1 st time saying cpy trading breach when i do my own trades that can never happen and 2nd time they said breached daily limit profit i only made 2.4k in a month making small prifits so i cannont see where that happened at all ...
please stay away from this company

3 May 2024
Unprompted review
Rated 1 out of 5 stars

SCAMMERS! SCAMMERS!

Even after the second time around of being denied a payout they insisted that I try trading again.

I did trade, maintained consistent lots throughout and still they did not pay.

These guys are absolute scammers. Do not buy an account with them!

2 May 2024
Unprompted review
Rated 1 out of 5 stars

They never pay

Withdrawal declined because they said i was copying trades which made no sense.
So much rules that make no sense. Avoid this company for your own good.

1 May 2024
Unprompted review
Rated 1 out of 5 stars

even if you complain to all rules they will not pay you

my account number is #88917923
i request my withdraw and after review my account they pretend that i breach the volume consistency rule it means that i have some trades out of the range of lot size that they determinated (0.09/0.27) and when review my account there is only some trades are not valid and most of my trades in that range and i earn more then 600$ with valid trades but they dont want to pay i sent many email explain with details but everytime they denied so in my opinion they are scammers and they not worth your time and your efforts if there is any chance to make a reclaim to specific autority just make know .

2 May 2024
Unprompted review
Rated 1 out of 5 stars

You won't get paid

You won't get paid. Even if you trade within trade rules, finally they will deny your withdrawal request due to copy trading.

I have been trading about 90 days with this company. I made $1170 in 2 weeks with 50k account. I followed all the rules. But my withdrawal request was denied due to a ridiculous reason "High similarity with other traders/strategies".

There are some famous trading strategies like price action l, ICT, etc., so it is quite common if your trades would be like others. But they just use this as an excuse in order not to pay your profit made.

Please don't waste your money and time with this scamming company.

1 May 2024
Unprompted review
Rated 1 out of 5 stars

Terrible propfim

The biggest scammers in the industry, regulatory boards should take them out,Dont buy any challange from them. after making profits they refused to pay, came up with all manner of excuses,do not buy from them you live to regret it

29 April 2024
Unprompted review
Rated 1 out of 5 stars

Just denies payout and breach accounts

After trading with them over 70 days and reaching 2 withdrawals where both were «denied» cause copy trading they breach my account.
NEVER BUY CHALLENGE WITH THIS PROP FIRM.
I havent copied 1 trade and trades within all rules.

I got this mails.
Withdrawal Request Denied - 88908937

We're sorry to inform you that your withdrawal request has been declined.

Decline Reason: Copy trading

Thats mail 1.

Hi There,

We regret to inform you that you have violated one of our trading terms, which has resulted in the loss of your challenge. We understand that trading is a complex and ever-changing market, and setbacks are common. Please don't feel discouraged. We encourage you to continue learning and growing as a trader.

Account number: 88908937

Violation: Copy Trading

We encourage you to work on your strategy with a demo account and once you feel comfortable please come back and try us out again!

Mail2

Mail 3

Dear Trader,

We trust this message finds you well. During our recent payout review and the associated withdrawal process, we noticed some irregularities that need to be addressed.

After a thorough analysis, we regret to inform you that your trading account 88908937 with our prop firm has been suspended.

Our investigations have revealed that your account contains trading activity highly similar to other traders/strategies, which is a breach of our trading rules as outlined in the Schedule of Assessment and stipulated in the agreement you have signed. The patterns indicate that your trading strategy has been replicated across numerous accounts under different registrations.

The tickets that were detected:
6126033, 5638038, 6050136, 5867147, 6397521, 6245563, 6246525, 5866899, 5124051, 6127353, 6438481, 6291295, 6503828, 6127052, 5636943, 6245508, 5124021, 6246507

We previously reset your account and provided an opportunity for you to continue trading. However, after breaching these conditions, we regret to inform you that we are now indefinitely suspending your account.

We understand that this news may come as a surprise to you, but we want to assure you that our decision to suspend your account was taken after careful consideration and assessment of the trading activity on your account.

If you have any questions or concerns, please do not hesitate to contact us. Our team will be available to assist you.

Thank you for your cooperation.

Best regards,

Quantec Trading Capital Risk Team

29 April 2024
Unprompted review
Rated 1 out of 5 stars

Totally scaming people

Totally scaming people and making fake agreements with people. Everyone should stay away from this company and please don't purchase any account from Quantec, today was my 1st payout of 1500$ they denied it by saying I've done copy trading, I don't belive this I've been trading from past 2 years, it's obvious when a pattern is break or Market reverse back from support or resistance everyone can see that and will enter trade, these people will call that as copy trading and will say that you have copied your trade from a trader

26 April 2024
Unprompted review
Rated 1 out of 5 stars

ℂℍ𝔼ℂ𝕂 𝔻𝕀𝕊ℙ𝕃𝔸𝕐 ℕ𝔸𝕄𝔼 𝔽𝕆ℝ ℍ𝔼𝕃ℙ

I second this as a scam. They will contact you via WhattsApp, they will even join you into a chat group of other users which is all part of the scam. Basically they will build trust to try to get you to deposit money with the promise of big returns but then they will hit you with a very large "advance" amount, could be $50-60K or more, that you will likely not be able to pay and they say that you cannot get your previously invested money until you make the advance, but the catch is that there is no limit to the value which the advance can be so it could be $100K or more. Anyway, its a pretty elaborate and well resourced scam, presumably because they are making lots of money and can afford to invest lots of people hours, so it comes across as promising and I can see how people could easily lose big

29 March 2024
Unprompted review

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