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
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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
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
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
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
Singapore
- quantectrading.com
1.7
Bad
527 reviews
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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To all the people special from India…
To all the people special from India who are thinking of buying this prop firm challenge stay away from this. it's totally scam they don't pay whenever you make a good profit thay have a reason to reject withdrawal quantity is a scam.....
19 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Harsh.
At Quantec Trading Capital, we strive to provide fair and transparent service to all our clients, regardless of their location.
We want to assure you that our policies are designed to maintain the integrity and fairness of our platform. Each withdrawal request is carefully reviewed based on our established rules. If you have any specific questions or concerns, we invite you to contact our support team directly at help@quantectrading.com. We are here to help you resolve any issues you may have.
We appreciate your understanding and patience.
Sincerely,
Nien
Support Team
Quantec Trading Capital
35% Daily profits limit difference
I have 2 Ultimate funded account (each 50k) and withdrawal denied due to excess 35% daily profits limit. I don't know about this rules. Ok, so now I noted. But based on the 2 emails they sent, the 35% daily profit limit were different.
1) 35% Daily profit limit: 914.746
2) 35% Daily profit limit: 518
To Quantec, may I know how you calculate the above profits limit and based on your SOA 35% profit consistency, meaning my DAILY PROFIT must within $500 in a single trade or single day?
50k funded account, so monthly profits $50k x 35%=$17500? Am I correct? As I don't wish to get another withdrawal denied due to 35% daily profits limit breached. Thks
19 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Esther.
Thank you for reaching out to us and sharing your experience. We apologize for any confusion or inconvenience you may have encountered.
At Quantec Trading Capital, we strive to provide clarity and transparency in our rules and procedures to ensure an equitable distribution of your daily profits and promote sustainable trading practices.
We recommend that you review the FAQ section on our website or contact our support team directly at help@quantectrading.com for a detailed and personalized explanation. We appreciate your understanding and are here to help ensure that all your trades comply with our rules.
Please do not hesitate to contact us with any further questions or to obtain additional clarifications.
This is the worst company ever
This is the worst company ever. I’ve had 3 payouts refused. Due to volume consistency rule broken which I can’t even find on their website or discord page. I would show my trades in a picture but can’t do so. I traded 0.5% per trade so it was a lot size of 1.25 and then closed half. ANY EXCUSE NOT TO PAY!!!!
I tried to reply to your message and I’ve emailed you multiple times. You just create a generic reply like you do on trust pilot. I’d like a break down on how you go to the withdrawal being refused, as 0.5% per trade and all trades had a 10 pip SL and a 20 Pip TP how is that volume consistency breach.
19 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear.
We are sorry to hear about your experience. At Quantec Trading Capital, we strive to provide transparent and fair service to all our clients.
We understand your frustration, and we want to clarify that our decisions to reject a withdrawal request are based on a detailed review of the trades made in your account, according to our policies. If you have any questions that you still want to clarify, please contact our support team directly at help@quantectrading.com so we can assist you.
We appreciate your understanding.
Sincerely,
Nien
Quantec Trading Capital Support Team
Scammers
When you follow all the rules they mentioned then they will state that your trades are similar to other traders
or your strategy is similar to other traders, in reality they are Scammers and don't want to pay (Withdrawal Amount)
stay away from the scammers like Quantec Trading Capital firm
I work with them from 5 Months , They didn't give me any withdraw. They waste my money and time , So you don't.
If anyone want Proof they contact me on Instagram @gulanwar.fx
14 June 2024
Reply from Quantec Trading Capital
Dear,
We sincerely regret hearing about your experience and understand your frustration. At Quantec Trading Capital, we strive to provide fair and transparent service to all our clients, and we take all concerns seriously.
We want to assure you that our rules and policies are designed to maintain fairness and integrity on our platform. We are always looking for ways to improve our services and communication with our clients. If the team has detected CT, it would be because we have found valid reasons. We have several materials available on our website to provide you with greater clarity and to ensure a successful work.
We appreciate your feedback and are committed to continuing to improve to provide you with the best possible experience at Quantec Trading Capital.
Sincerely,
Nien
Quantec Trading Capital Support Team
Stay away and look up to the name on my…
Stay away and look up to the name on my profile name for help
17 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Susan.
We are sorry to hear that you have had a negative experience. At Quantec Trading Capital, we strive to provide a fair and transparent service to all our clients. We understand that misunderstandings can arise, and we are here to address your concerns appropriately. If you have anything to clarify or need answers to your concerns, you can contact the support team at help@quantectrading.com.
We are committed to continuing to improve to provide you with the best possible experience at Quantec Trading Capital.
Sincerely,
Nien
Quantec Trading Capital Support Team
Avoid Quantec Trading Capital - Unjust and Unreliable
I had a highly disappointing experience with Quantec Trading Capital. They promise to provide funding if you trade for them and make a profit, but this simply isn't the case. When I attempted to withdraw my hard-earned profits, they declined my payout with a baseless accusation that I had copied my trades from other traders.
Their so-called "evidence" was laughably illogical. They claimed I copied trades from over 30 accounts, which is absolutely ridiculous. With a databank of 50,000 trades (as they themselves claim), of course, there will be some overlap between trades. This does not mean copying. The notion that anyone could systematically copy trades from 30 different accounts and still be accused of plagiarism is absurd.
Their refusal to pay out was not only unfair but felt like a deliberate attempt to avoid honoring their promises. The whole experience has left me feeling scammed and cheated. I strongly advise against using Quantec Trading Capital if you value your time, effort, and money. Save yourself the frustration and find a more reliable and honest trading partner.
16 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Smoosh,
We deeply regret that you had a negative experience with Quantec Trading Capital. We appreciate your feedback and want to assure you that we take our clients' concerns very seriously.
We understand the frustration that can come from a denied withdrawal. Our goal is to maintain a fair and transparent trading environment for everyone. When patterns of trading similar to those of other traders are detected, we review the situation in great detail to ensure that there are no practices that could compromise the integrity of our platform. This is done to protect all our clients.
If you believe there has been an error or misunderstanding in the evaluation of your trades, we invite you to contact us directly through our support team at help@quantectrading.com. We are committed to sending you all the evidence via email for your review.
We appreciate your patience and hope to clarify this matter satisfactorily. We are constantly working to improve our services.
Sincerely,
Nien
Quantec Trading Capital Support Team
FAKE PROPFIRM
16 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Mina,
We deeply regret that you had a negative experience with Quantec Trading Capital. We appreciate your feedback and want to assure you that we take our clients' concerns very seriously.
We understand your frustration, and if you have any questions or concerns you'd like to clarify, please contact us at help@quantectrading.com
Sincerely,
Nien
Quantec Trading Capital Support Team
Awful Lots
Awful Lots, they will ignore you if you ask for your money back, if nothing happens then kiss all you invested goodbye, it’s blown out in the wind, but I wasn’t going to let that happen, they said 35% in returns but it’s the bait, wait a minute even banks don’t give this outrageous ROI, it looked enticing and I got in, that was my undoing, as expected got ignored because I wasted to take from the profits, boom no more replies.
Had it not been with assisted gotten.
from Natissa Šercurities and persistence of the agency with all evidence, I would have kissed 19k euro goodbye.
I have learnt my lesson and I hope others learn. And a bit lucky for the agency to have got a recall of the invested amount for me.
3 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Sam,
We are very sorry to hear about your experience. At Quantec Trading Capital, we strive to provide a fair and transparent service to all our clients. We understand the importance of financial security and take any concerns regarding payments and investments very seriously.
We want to assure you that our services are backed by a range of materials available on our website to help you succeed in your trading activity.
If you have any questions or concerns about your account or investments that have not been fully addressed, we recommend that you contact our support team directly at help@quantectrading.com. We are here to assist you and ensure that your concerns are addressed properly.
We appreciate your understanding and patience in this matter.
Sincerely,
Nien
Quantec Trading Capital Support Team
Most Untrusted Firm in the Industry
Most Untrusted Firm in the whole industry. 1st, they changed their trading rules to such an extent that is so unrealistic to comply with as a profitable trader. They only take winning trades into consideration for their daily profit consistency rule so don't think you'll lose one trade and make it back that same day with a winning trade (how unrealistic).
The rules is designed to not ever pay out. from 35% daily profit rule even to lot size consistency over all markets (yes, you have to trade currency pairs and indices with the same lots)
BUT WAIT!!!! FRAUD ALERT. If you are for some miracle within all their rules and request a payout. They Simply ignore you like they do with me, have been waiting 5 weeks already for payouts, constantly following up with them and all they do is pretend it never happened indefinitely.
11 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear,
We are sorry to hear about your experience. At Quantec Trading Capital, we strive to provide a fair and transparent service to all our clients. We understand your frustration and want to ensure that your concerns are addressed properly.
We want to clarify that our rules and policies are designed to maintain fairness and integrity on our platform, as well as to be adaptable to all traders' work fairly. If there has been any misunderstanding or issue that still needs clarification, we recommend that you contact our support team directly at help@quantectrading.com. We are here to help you.
We appreciate your patience and understanding.
Sincerely,
Nien
Quantec Trading Capital Support Team
Total scam
I got one small payout. Every other one has been denied for various reasons, which seem to vary. I have documented to the company why my trades did not violate the rules, but there is no help to be had. They will find a reason to deny. Avoid this and go with a reputable prop firm, if there is such a thing anymore!
Edited to update: I sent a spreadsheet showing that my trades did not violate their rules. The response was that I was copy trading. No further explanation. I am trading a simple moving average cross strategy that can be picked up on youtube, so no, it's not a proprietary strategy that I invented. I sent them my methodology explaining this and got no response. At the end of the day, they can deny a payout for whatever reason they want with no recourse. I'm clearly not the only one.
10 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear John.
We are very sorry to hear about your experience. At Quantec Trading Capital, we strive to provide a fair and transparent service to all our clients. We understand that it can be frustrating when withdrawal requests are denied, and we want to ensure that your concerns are addressed properly.
We want to clarify that our decisions to deny a withdrawal request are based on a careful review of the operations carried out in your account, and are made to ensure the integrity of our platform and fairness among our clients.
If you have any questions that you would like to clarify, please contact us at the support email help@quantectrading.com. We are here to help you and resolve any concerns you may have.
We appreciate your understanding and patience in this matter.
Sincerely,
Nien
Quantec Trading Capital Support Team
I didnt get my payout second time the…
I didnt get my payout second time the first they say amount removed
And second time amout flagged which i dont understand the meaning of that.
And they are not answering the gamil they keep ignoring ur problem bad experiance.😡
10 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Suhayb,
We deeply regret hearing about your experience and understand your frustration. At Quantec Trading Capital, we strive to provide fair and transparent service to all our clients.
We want to assure you that our team works diligently to address every client inquiry. It is very unusual that you have not received a response to your email, as we aim to reply promptly to all requests. Please resend your message to help@quantectrading.com if you have not received a reply, but please make sure that the email address is written correctly. We appreciate your patience and understanding.
Sincerely,
Nien
Support Team at Quantec Trading Capital
DONT WASTE YOUR MONEY
DONT WASTE YOUR MONEY, HARD WORK AND TIME WITH THIS SCAM COMPANY!!! I’ve been denied 4 times!! And I even switched up my trading to match the stupid dumb rules they have in place, still DENIED! And I have proof! Tell me how I didn’t trade with a consistent position size when ALL my trades were the same size!! SMH man F*** this company!! I put in hard work to learn this skill and I needed those payouts for my family!! I wish this company would crash and burn!!!! I wish I could post the screenshots!!
6 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear,
We deeply regret to hear about your experience and understand the frustration it may have caused. At Quantec Trading Capital, our goal is to provide fair and transparent service to all our clients.
We want to clarify that our policies and rules are designed to ensure fairness and integrity on our platform. We understand that consistency in position size is a key aspect, and we assure you that if your payout was denied, it was for valid reasons.
Please, contact our support team directly at help@quantectrading.com if you have any questions that are still unclear. Our team is here to assist you and will work diligently to address your concerns.
We appreciate your patience and understanding.
Sincerely,
Nien
Quantec Trading Capital Support Team
WORK ON YOUR SLIPPAGE AND EXCECUTION WE…
WORK ON YOUR SLIPPAGE AND EXCECUTION WE INVEST MONEY IN YOUR PROPFIRM DOESNOT MEAN THAT YOU GIVE ME LOOSES BY THIS SLIPPAGE OR WRONG EXCEUTIONS SO PLEASE BE WORK ON THE SLIPPAGE AND EXCECUTIONS MY ACCOUNT HAS THE MORE SLLIPPAGES
6 June 2024
Unprompted review
Reply from Quantec Trading Capital
We appreciate your feedback and understand your concerns regarding slippage and execution. We strive to provide the best possible trading experience for our investors, and we take your feedback seriously. Our team is continuously working to improve our systems and processes to minimize slippage and ensure accurate executions. We apologize for any inconvenience this may have caused you and assure you that we are actively addressing these issues. Thank you for bringing this to our attention, and please feel free to reach out to us directly if you have any further questions or concerns.
Dont trust quantec
They are just doing scam to people in the name of their rules i have followed all their rules but when I have applied for withdrawal they denied my withdrawal by saying coy trading and I have not copied any of the trade but they are just denying it and my account no is 88992463
3 June 2024
Unprompted review
Reply from Quantec Trading Capital
We deeply regret any inconvenience or frustration you may have experienced. We take allegations of fraudulent activity very seriously and assure you that our withdrawal processes are conducted in accordance with our established rules and procedures. However, we understand your concerns and would like to investigate this matter further to ensure a fair resolution. Please reach out to us directly with any additional information or evidence you may have regarding your withdrawal request. We are committed to addressing your concerns promptly and transparently. Thank you for bringing this to our attention, and we apologize for any distress caused.
So far so good, they are getting better
I got denied on my first payout, but so far so good i've been paid by Quantec twice, they are getting better. My last withdrawal approved 30 hrs after I submitted it.
Keep up the great work! My account :88902304
27 May 2024
Unprompted review
Reply from Quantec Trading Capital
We appreciate your feedback and ongoing support. We're sorry to hear that your first withdrawal was denied, but we're pleased to know that you've received successful payments on your subsequent withdrawals. We continuously strive to improve our services and ensure a positive experience for our customers. It's encouraging to hear that your last withdrawal was approved quickly, and we're committed to maintaining this level of efficiency and satisfaction in the future. If you need any further assistance or have any questions, please don't hesitate to contact us. We value your trust in us and look forward to continuing to serve you to the best of our ability. Thank you for being part of our community!
It sucks that shady scammers like…
It sucks that shady scammers like Quantectrading are out there ripping people off. The worst part is how they hide away, making it a pain to hold them responsible for their crappy behavior. When I tried to pull out my cash, it was a total nightmare - couldn't get it done at all. I reached out to their support team over and over, but it was clear as day that their only goal was to trick people and steal their money. Definitely steer clear of that sketchy dude! When I realized I'd been scammed, I was totally devastated. I felt so helpless and lost. But then I found a High Forest Capital, this awesome team of experts who helped me through the whole process of getting my hard-earned cash back from those shady brokers. They turned what seemed like a hopeless situation into a total win.
21 February 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Alex Shuster,
We are sorry to hear about your negative experience with Quantec Trading. We take all feedback seriously and strive to address any concerns raised by our clients.
We understand the frustration that can arise from difficulties with withdrawals and customer support. Our team is constantly working to improve our services and provide a better experience for our clients.
We appreciate your feedback and want to assure you that we are committed to transparency and fairness in our operations. If you have any specific details or evidence related to your experience that you would like to share with us, please feel free to contact our customer support team.
Thank you for bringing this matter to our attention, and we apologize for any inconvenience you may have experienced.
Best regards,
Francisco
Quantec Trading Team
Quantec its a legal propfirm !
Quantec its a legal propfirm !! I have my pay in order !!!
2 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear, Hernando Moreno
Thank you for taking the time to share your experience with Quantec Trading. We are pleased to hear that you received your payment promptly and are satisfied with our services.
At Quantec, we strive to maintain high standards of integrity and transparency in all our operations. Your satisfaction is our priority, and we greatly value your trust in us.
If you have any additional comments or suggestions on how we can further improve, please do not hesitate to contact our customer service team. We are here to assist you.
We appreciate your trust and look forward to continuing to work together.
Best regards,
Francisco
Quantec Trading Team
Reply from Quantec Trading Capital
Dear Marcão AGS !!
Thank you for taking the time to share your experience with Quantec Trading. We are delighted to hear that you appreciate our support, clear rules, and integrity.
At Quantec, we strive to provide a transparent and reliable trading environment, backed by a dedicated support team and well-defined rules to ensure a positive experience for all our users.
If you have any additional suggestions on how we can continue to improve, please do not hesitate to contact our customer service team. We are here to assist you.
We appreciate your trust and look forward to continuing to work together.
Best regards,
Francisco
Quantec Trading Team
Denied payouts without any explanation
They have denied my payouts I changed strategy to follow their stupid rules I made everything correct now they dont even tell a reason why they denied my withdrawals. This company is a total scam, avoid them at all cost!!!.
Last email:
Withdrawal Request Denied - 88892295
We're sorry to inform you that your withdrawal request has been declined.
Decline Reason:
...
1 June 2024
Unprompted review
Reply from Quantec Trading Capital
Hi Jose,
Thank you for taking the time to leave us a review. We appreciate our customers' input as we are always committed to their satisfaction.
However, I would like to clarify that Quantec Trading is not a scam prop firm as you claim. This statement is not only unprofessional but also misleading. We are one of the first prop firms to offer challenges on the MT4 platform that allow high-frequency trading strategies. As pioneers in this area, we remain committed to providing this service to all our clients.
To offer these types of MT4 challenges, we must ensure that traders adhere to risk management capabilities suitable for our simulated funded accounts. To sustain a business model that accommodates HFT trading, traders must respect the consistency rules in place. These rules help us manage internal risk and identify consistent traders.
If your payout was denied, you should have received a detailed explanation of the breach via email. We do not randomly deny payouts; we follow a strict set of rules and expect our funded traders to adhere to these guidelines to receive their payouts.
If you have any questions about the rules, please do not hesitate to contact us directly or visit our FAQ section on our website.
Regards,
Quantec Trading Capital
I got 100K challenge
I got 100K challenge . I made 10k profit . I submitted after one day declined with no reason. This company is scam.
Withdrawal Request Denied - 88991825
We're sorry to inform you that your withdrawal request has been declined.
Guys don't spend your money on this company
30 May 2024
Unprompted review
Reply from Quantec Trading Capital
We are sorry to hear about your experience and the inconvenience caused by the declined withdrawal request. Our team takes these matters seriously and would like to investigate further to understand the situation better. Could you please reach out to our support team with your account details so that we can look into this issue promptly? We value your feedback and are committed to ensuring a positive experience for all our clients. Thank you for bringing this to our attention.
Best regards,
Quantec Team
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