Daily Drawdown:
The daily drawdown is calculated as 5% of your start of day balance for the Standard Trader Account.
The daily drawdown is calculated as 6% of your start of day balance for the Ultimate Trader Account.
This calculation must include any floating losses, swaps and commission rates. This limit will be reset at midnight as per the server time.

Example 1: Starting balance of $100,000, (Standard Trader Account)
You trade and secure a profit of +$2000, your account balance currently sits $102,000.
The following day your maximum daily loss must now not exceed 5% of that previous days balance ($102,000 - 5% = $96,900) $5,100 max daily loss.
Day 2 you trade and incur a loss of -$1000 bringing your account balance down to $101,000.
The following day your maximum daily loss must not exceed 5% of that previous days balance ($101,000 - 5% = $95,950) $5,050 max daily loss.

Max Drawdown:
The max drawdown on any Standard Trader Evaluation is 10% of your initial account balance. This means your account equity cannot fall below 90% of the initial balance at any point.

The max drawdown on any Ultimate Trader Evaluation is 12% of your initial account balance. This means your account equity cannot fall below 88% of the initial balance at any point.

It is important to note that the max drawdown limit does not reset like the daily drawdown limit.

To illustrate how the Lot Size Consistency Rule works using a $100,000 trading account, let's go through the steps to calculate the allowable range of trade sizes (lot sizes) based on your average trade size.

Example Scenario:

Suppose over the course of your trading period, you have executed various trades with the following lot sizes:

• Trade 1: 2 lots
• Trade 2: 1.5 lots
• Trade 3: 2.5 lots
• Trade 4: 2 lots
• Trade 5: 1 lot

Step 1: Calculate the Average Trade Size

First, you would calculate the average lot size of the trades you have made:

Average Trade Size=Sum of all trade sizesNumber of tradesAverage Trade Size=Number of tradesSum of all trade sizes​ Average Trade Size=2+1.5+2.5+2+15Average Trade Size=52+1.5+2.5+2+1​ Average Trade Size=95=1.8 lotsAverage Trade Size=59​=1.8 lots

Step 2: Determine the Trading Range

According to the Lot Size Consistency Rule, the trading range is calculated by adding and subtracting 50% to and from the average trade size:

• Maximum Trade Size: $\text{Maximum Trade Size}=\text{Average Trade Size}+(0.5\times \text{Average Trade Size})$ $\text{Maximum Trade Size}=1.8+(0.5\times 1.8)$ $\text{Maximum Trade Size}=1.8+0.9=2.7\text{ lots}$

• Minimum Trade Size: $\text{Minimum Trade Size}=\text{Average Trade Size}-(0.5\times \text{Average Trade Size})$ $\text{Minimum Trade Size}=1.8-(0.5\times 1.8)$ $\text{Minimum Trade Size}=1.8-0.9=0.9\text{ lots}$

Conclusion:

With an average trade size of 1.8 lots, the Lot Size Consistency Rule for your trading account would allow you to make future trades where the lot size should not be less than 0.9 lots and not exceed 2.7 lots. This rule is designed to maintain a consistent trading strategy, reducing the risk of erratic trading behavior which could impact both the trader and the brokerage's risk management strategy. When you request a payout, ensuring your trades comply with this rule can be crucial for processing the withdrawal.

Disclaimer:

Please Note: The above example is hypothetical and intended for illustrative purposes only. The figures and trading scenarios are created to demonstrate how the Lot Size Consistency Rule might be applied and do not represent real trading outcomes. Actual trading results can vary based on market conditions, trader decisions, and other factors. Traders should conduct their own analysis and not rely solely on predefined rules without considering their individual trading strategies and market dynamics. This example does not guarantee or predict any specific results from following the Lot Size Consistency Rule.

To provide a clear example of how the 35% Day Profit Consistency Rule would work in the context of a $100,000 trading account, let's simulate a scenario where your account achieves different levels of profit over a 30-day trading period, and see how this rule applies upon a payout withdrawal request.

Example Scenario:

Imagine you have a $100,000 trading account, and over a 30-day trading period, you achieve varying daily profits, leading to a total accumulated profit of $15,000 by the end of the period.

Daily Profits Example (simplified for clarity):

• Day 1: $500
• Day 2: $1,000
• Day 3: $3,000 (Note this day as it's a significant profit day)
• Day 4: $600
• Day 5: $400
• ... (and so on, with varying amounts leading to a total of $15,000)

Step 1: Calculate the Maximum Allowed Profit Per Day

According to the rule, no single day's profit can exceed 35% of the total profit. Thus, we first calculate 35% of the total profit: $\text{Maximum Allowed Single Day Profit}=35\%\times \$15,000=\$5,250$

Step 2: Evaluate Daily Profits Against the Rule

From the given example, let's focus on Day 3 where you made $3,000:

• Although $3,000 is a large single-day gain, it is less than the maximum allowed single-day profit of $5,250.

No Violation Detected:

• In this case, Day 3, despite being a high profit day, does not violate the 35% rule since $3,000 is less than $5,250.

Step 3: What If a Violation Occurred?

Suppose instead that on Day 3, you had earned $6,000:

• This amount exceeds the maximum allowed of $5,250.
• According to the rule, this day would be considered a soft breach upon submission of a payout withdrawal request.

Handling a Soft Breach:

• The profit exceeding the 35% threshold will be removed from your total profit calculation for the payout.
• The account would remain active, and you would retain access, but the payout amount might be adjusted to comply with the consistency rule.

Conclusion:

This rule is designed to encourage traders to aim for consistent profits rather than relying on a few days of very high gains, which could reflect higher risk trading strategies. By applying such a rule, the trading firm also manages its risk and ensures more stable performance across its managed accounts. 

Disclaimer:

Please note that the scenario described above is purely hypothetical and used for illustrative purposes only. The figures, trading days, and profit calculations are fictional and are intended to demonstrate how the 35% Day Profit Consistency Rule might be applied in a theoretical situation. Actual trading results, rules, and outcomes can vary significantly based on numerous factors including market conditions, trading strategy, and regulatory requirements. This example does not guarantee or predict any specific results from using such a rule in actual trading scenarios.

No, there are zero ongoing monthly fees.

Quantec is partnered with Eightcap as our broker, to offer industry leading spreads and commissions for traders. To understand the account offerings that we use, see here: https://www.eightcap.com/en/trading/trading-conditions/spreads/ 

Here: 

https://www.eightcap.com/en/platforms/metatrader-4/

Once you become a funded trader, you must trade with us for at least 30 days for both the first and second payout, after that profits can be withdrawn bi-weekly.

For both the standard trader account and the ultimate trader account, we give traders unlimited days to pass.

There are no profit targets required to be reached on the live funded account. Therefore, to make a withdrawal the account must be in profit.

Yes, you are allowed to use EA’s and Indicators, including tools for managing risk and automated trading systems.

However, certain strategies are strictly prohibited in the funded stage:

• High-frequency trading (manually or using a bot)
• Hedge arbitrage trading
• Tick scalping
• Grid trading
• One-sided betting
• Latency arbitrage trading
• Reverse arbitrage trading
• Copying trades from other traders

If any of these strategies are detected in your live account, it will be considered a violation of the rules and Quantec Trading Capital will terminate your account.

No, you cannot withdraw profits generated from the evaluation stage.

Although we do not have a minimum duration a trade can take, we do not support scalping strategies where trades are entered and exited within seconds.

For example: Tick trading is a trading strategy that aims to capitalise on small price movements in the market by executing a large number of trades within a brief period. Typically, tick charts are used to identify these price changes. The strategy involves opening and closing positions quickly to generate a small profit on each trade. However, due to the high risks associated with this approach, tick trading is not permitted.

Upon receiving your confirmation of successful payment, you will receive your Trading Platform and Dashboard credentials via email within 10 minutes.

There is no limit on how many accounts you can have however, we only allow for a total funding amount of up to $600,000

USD.

No, Quantec are on the lookout for profitable and consistent traders to partner with. To be awarded capital, traders must prove they can profit consistently whilst working within the rules.

Hedging a position on your own account is allowed. However, you are not allowed to hedge between accounts, such as using 2 trading accounts to open opposing trades on the same instruments with the same lot size at the same time.

To request a withdrawal, please go to your dashboard and select the Withdrawal/ Profit Share option to request a withdrawal. 

Once you send your request, our payments team will verify if you meet the eligible criteria to make a withdrawal, if so they will process the payout either via Cryptocurrency or Bank Transfer. 

Please notice that once you create a Funded account, you will be required to sign the Independent Contractor Agreement and fill out the Payment Method form, where you will provide your preferred payment method to process your future requests.

Login details will be sent to you in the payment confirmation email. 

Accounts will be breached when the account has been inactive for 30 days.

Standard Trader rules:
High Frequency Trading (HFT) is allowed, but only in the evaluation stage.
EAs are permitted in the challenge stage.
Profit target 1st phase: 10%
Min trading days: Zero minimum trading days
Max daily drawdown: 5%
Max total drawdown: 10%
Account leverage: 1:100
Profit split: Scaling up to 80/20
Copy trading: Copy trading or the use of trade copier software is permitted between personal accounts where both accounts are in your name. Copy trading from 3rd party IP addresses and accounts not in your name is strictly prohibited.
Hedging between accounts: Not allowed.
Weekend holding: Not allowed.
Trading High impact news is not allowed. We define this as any trade placed within 10 mins before and 10 mins after any major high impact news event

Ultimate Trader challenge rules:
High Frequency Trading (HFT) is allowed, but only in the evaluation stage.
EAs are permitted in the challenge stage.
Profit target: 10%
Min trading days: Zero minimum trading days
Max daily drawdown: 6%
Max total drawdown: 12%
Account leverage: 1:100
Profit split: Scaling up to 80/20
Copy trading: Copy trading or the use of trade copier software is permitted between personal accounts where both accounts are in your name. Copy trading from 3rd party IP addresses and accounts not in your name is strictly prohibited.
Hedging between accounts: Not allowed.
Weekend holding: Allowed.
News Trading: Not Allowed

1 Step Standard Trader Account:

High Frequency Trading (HFT): not allowed.

EAs: Allowed

Profit target: No profit targets required to be reached on the live funded account. Minimum withdrawal $100usd.

Profit consistency: 35% profit consistency rule

Lot Size Consistency: Lot consistency rules applied at withdrawal.

Account leverage: 1:30

Profit split: Scaling up to 80/20

Copy trading: Copy trading or the use of trade copier software is permitted between personal accounts only when both accounts are in your name. Copy trading from 3rd party IP addresses or an account that isnt in your name is strictly prohibited.

Hedging: Permitted.

Weekend holding: Not permitted.

Trading High impact news: not allowed.

Minimum trading days: 10 minimum trading days during the first 30 days, 5 minimum trading days thereafter.

Account inactivity: After 30 days of inactivity the account will be terminated.

Drawdown: Max daily drawdown: 5%, Max total drawdown: 10%

1 Step Ultimate Trader Account:

High Frequency Trading (HFT): not allowed.

EAs: Allowed

Profit target: No profit targets required to be reached on the live funded account. Minimum withdrawal $100usd.

Profit consistency: 35% profit consistency rule

Lot Size Consistency: Lot consistency rules applied at withdrawal.

Account leverage: 1:30

Profit split: Scaling up to 80/20

Copy trading: Copy trading or the use of trade copier software is permitted between personal accounts only when both accounts are in your name. Copy trading from 3rd party IP addresses or from an account that isn't in your name is strictly prohibited.

Hedging: Permitted.

Weekend holding: Permitted.

Trading High impact news: Not allowed.

Minimum trading days: 10 minimum trading days during the first 30 days, 5 minimum trading days thereafter.

Account inactivity: After 30 days of inactivity the account will be terminated.

Drawdown rules: Max daily drawdown: 6%, Max total drawdown: 12%

You must be 18 years or older to join this site. Due to regulatory conditions, we are unable to offer services with traders residing in the following countries: Cuba, Iran, North Korea, Myanmar, Russia (or the Crimea, Donetsk or Luhansk regions of Ukraine), Somalia and Syria. The provision of services is not extended to individuals who appear on sanction lists, possess criminal records associated with financial crime, terrorism, or have been previously prohibited due to breach of contract, with no allowances.