Quantec Trading Capital Reviews 530

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 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

**Fraudulent Company Alert** This company is operating a complete scam and should be avoided at all costs. They waste traders' efforts and time, which is especially unfair given the inherent stress... See more

Company replied

Rated 4 out of 5 stars

Hi everyone, I have nothing but praise for Quantec-they're potentially the best prop firm I've worked with. I hope they're also good at paying out, which is crucial. I wanted to... See more

Company replied

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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

530 reviews

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Hasn’t replied to negative reviews

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Rated 1 out of 5 stars

I have 4 25k accts with Quantec

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 limit orders on all 3 accts before the 30days, to make sure they were ok. I have the acct statements showing these orders, however Quantec STILL closed 3 of the accts claiming they breached the 30day rule. The Acct statements from 8Cap clearly shows the limit orders placed several days prior to the expiration of the 30days.
Now no one is responding to my emails or messages. Just dead silence.
I'm going to raise a consumer scam report with the Singapore Consumer Protection Dept and give them all the proof.
I first messaged them weeks ago and they first responded and said the accts were closed correctly. After I sent them proof, they have gone silent and ignore me.
Traders, don't use these guys. They are not legit. You will lose you money end up being scammed like me and many others.
If anyone thinks I'm just a disgruntled trader leave a message and email, and I'll send the proof.
Scammers like this should not be allowed to continue to operate so I'm going to submit complaints to all regulatory bodies in Singapore and all other countries they operate in and do my best to have them closed.
I'm a fair and legit guy, and if I got my acct closed because I breached the rules, I'd cop the disqualification as my fault, but I didn't breach the rulers at all and I have acct statements as proof that they scammed me.

6 February 2025
Unprompted review
Rated 1 out of 5 stars

Scams and lies i calculated everything…

Scams and lies i calculated everything my best day was 256$ and i calculated 35% day profit limit which is 750$ and i made it and made a request and they said that i bearched the 35% rule by tell me that i made more and i send them proves and document of my journey and they detected trades that i didn't even opend it's empty trades no loss and no profit and even no opening but they detected as rule bearch trades this company is done since they made this migration stuff don't believe them guys .

30 January 2025
Unprompted review
Rated 1 out of 5 stars

URGENT!!!

URGENT!!!! QUANTEC TRADING CAPITAL!!!

Date: 1-29-2025

Time 5: 20 PM Wendays

Good Afternoon Staff Duvan of Quantec Trading Capital & Support Department.
URGENT!

I just received an email regarding my payout request DENIED and well a cancelled closed/ breach
ACCOUNT NUMBER: 88994864

I need an answer regarding this matter. Immediately. "Your business practices are unreal! and seemly become unethical Their are constant unexpected and/or sudden hidden changes in your rules that your
firm QUANTEC TRADING CAPITAL is beginning to display as well issue false inaccurate statements regarding my account number: 88994864.

Upon submitted for payment to QUANTEC TRADING CAPITAL I have complied with every rule QUANTEC TRADING CAPITAL has displayed on your website. INCLUDING THE NEW (15) MINUTE RULE
YOU SUDDENLY OUT OF NOWHERE PLACE WHICH NOT DISPLAYED ON YOUR WEBSITE.

"I have complied with all the terms including making additional requested trades on this account
because you requested that I make (10) trades instead or the normal (5) trades that are
displayed on the dashboard of which you stated is part of the rules. "

I have seen you change these rules based on your convenience QUANTEC TRADING CAPITAL
upon request for payment each time on my account. And after being with you for nearly (1) year.
You suddenly issue a false statement stating a breached rule occurred and you decided to terminate
the account number: 88994864 for the profits of $1,944.00 USD (clear profits) . I have been profitable
with your firm since the beginning of this relationship with QUANTEC TRADING CAPITAL. It appears
that your firm QUANTEC TRADING CAPITAL has been limiting me on my profitability with all the rules
and sudden changes and the continuous delays of payment when requested. And this business
practice and relationship you continue to deteriorate with all the false statements to not isse payment
on my account.

I need a response regarding this matter along with a document showing a breach. I have absolutely replied with all your rules since the beginning of my relationship with your firm.

I would respect you more should you speak the truth. If you guys can't pay me and dont have the money
just say so. I would respect you more than for you to issue lies or false statements. just speak the truth and I would respect you more once again rather than make false accusations.

I am a very honest person. I informed QUANTEC TRADING CAPITAL That i wanted to build a long term
Quality business relationship with you as well as a transparent business relationship. I have upheld my part. However, your issued statement today is illustrating dishonest business practices.

I thank you in advance for your prompt response regarding this matter. Please assist and advise.I have waited nearly (2) months on this account to receive
payment. Please assist and advise

29 January 2025
Unprompted review
Rated 1 out of 5 stars

FRAUD

They lure you into sending funds and after they just stop responding and block you off, had to ask ROSE LANE GP to intervene.

19 September 2024
Unprompted review
Rated 1 out of 5 stars

Thieving scum of a company

Thieving scum of a company! Hope you shower of thieving charlatans are shut down and your funds confiscated like you stole mine. Avoid like a rabid plague.

13 January 2025
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear David,

Thank you for taking the time to share your feedback. We sincerely regret hearing about your experience and take your concerns very seriously.

While we understand your frustration, we kindly ask that communication remain respectful to allow us to assist you effectively. Unfortunately, we have not been able to locate any user data linked to the name provided in your profile.

To investigate this matter further and resolve it promptly, we kindly ask that you share your email address and account number with us directly. This information will enable us to address your concerns in detail and take appropriate action.

We are committed to resolving this for you and hope to hear from you soon. Please feel free to reach out to us at [email protected]

Best regards,

Quantec Team

Rated 5 out of 5 stars

Second payout approved

Second payout approved. At this momento everything is fine with this company. Thanks.

5 January 2025
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear Mariano,

We're delighted to hear about your successful second payout! Thank you for sharing your positive experience with Quantec Trading. We value all feedback, both positive and negative, as it helps us to continually improve our services. We appreciate your support!

Best regards

Quantec Team

Rated 1 out of 5 stars

Avoid them!!

Avoid them, and don't buy any account with this firm because if you do, they will disappoint you in the end. They are not consistent or transparent in their services. Avoid them at all costs. Choosing to move on with PAIVA has been the best decision so far.

4 January 2025
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear Joshua,

Thank you for sharing your feedback. We strongly deny your claim that Quantec Trading Capital is a fraud. We are committed to providing a transparent and professional service, and all account evaluations and payouts are conducted in accordance with the rules outlined in our Schedule of Assessment, which is available on our website.

Upon reviewing our records, we could not find any information linked to the account associated with your review. To assist you further, we kindly request that you provide additional details regarding your account or experience. This will enable us to investigate the matter thoroughly and address your concerns effectively.

We are here to help, and we encourage you to contact our support team directly with the relevant information so we can resolve any issues promptly.

Best regards,
Quantec Trading Capital

Rated 1 out of 5 stars

Fraudster

Fraudster, looking for every means for not paying

12 December 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear Nuelcity,

Thank you for sharing your feedback. We strongly deny your claim that Quantec Trading Capital is a fraud. We are committed to providing a transparent and professional service, and all account evaluations and payouts are conducted in accordance with the rules outlined in our Schedule of Assessment, which is available on our website.

Upon reviewing our records, we could not find any information linked to the account associated with your review. To assist you further, we kindly request that you provide additional details regarding your account or experience. This will enable us to investigate the matter thoroughly and address your concerns effectively.

We are here to help, and we encourage you to contact our support team directly with the relevant information so we can resolve any issues promptly.

Best regards,
Quantec Trading Capital

Rated 1 out of 5 stars

AFTER MAKING REPORTS TO “7102PL”

AFTER MAKING REPORTS TO “7102PL” , WITHDRAWALS WERE FINALLY APPROVED !!

29 November 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear Cynthia,

Thank you for your feedback. After reviewing your comments, it appears that your claim does not pertain to Quantec Trading Capital, and we’ve noticed that you are promoting another brand in your review. We kindly remind you that reviews should focus on genuine experiences to ensure fairness and credibility.

If you believe there has been an issue with our company, we encourage you to provide specific information about your case or account. This will allow us to investigate thoroughly and assist you effectively.

We are committed to addressing any concerns and ensuring transparency in all our processes. Please feel free to contact our support team with the relevant details.

Best regards,
Quantec Trading Capital

Rated 1 out of 5 stars

Scam scam Quantec is a Scam

Scam scam Quantec is a Scam
Quantec don't pay
Don't buy any challenge with Quantec

6 November 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear Kensley,

Thank you for sharing your feedback. We take such claims very seriously, as transparency and fairness are core to Quantec Trading Capital’s operations.

Please note that all evaluations and payments are processed strictly in line with our Schedule of Assessment and the rules clearly outlined on our website. If there are any issues with an account or payout, reasons are always communicated via email.

We’re here to assist you, and we invite you to reach out to our support team directly to help resolve any outstanding concerns.

Best regards,
Quantec Trading Capital

Rated 1 out of 5 stars

Do not buy an account at Quantec

Do not buy an account at Quantec, they denied 3 withdrawals for me, they never paid me, Quantec is a Scam, don't waste your time at Quantec...

6 November 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear Charles,

We would like to express our gratitude to you for sharing your comments with us.
We would like to assure you that we take all allegations very seriously.

In order to effectively address this matter, we have requested additional information from you through Trustpilot.

Kind regards,
Quantec Trading Capital

Rated 1 out of 5 stars

SCAM !!

SCAM !!! SCAM !!! SCAM !!!

This prop company will not pay out!
I have had a funded account there for more than 200 days and have never received a withdrawal. I request a withdrawal whenever possible. In total I have had more than 8 withdrawals, which I should have been paid for.
Every time the company finds a different excuse.
I only trade on my home Computer and once they said I was using different IP addresses.
Another time it would be copy trading, but they couldn't even send me the protocol of what supposedly happened.
Then I used too little lotzise, the other time I apparently used too much.
I always trade with a lot of 1.8 and always XAU/USD.
I made 10 trades in October and two of them are in the SL.
They said I wasn't following my risk management?
This company is ridiculous.
I have this funded account for over 200 days and I am always 2-4% in profit from the account size.

So please go to another prop company, Quantec is scam !!!
Check out the reviews, don't be as stupid as me and buy an account there.

SCAM !!! SCAM !!! SCAM !!!

25 October 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear Jessy,
Thank you for sharing your experience. We take all reviews seriously and recognize the importance of transparent and fair trading practices. We’d like to clarify that all decisions regarding withdrawal approvals are based on our risk management policies to ensure consistency and fairness across all accounts.
In this case, our team has identified that your trading approach is highly leveraged in relation to your account size. This level of leverage, while profitable at times, does pose significant risk to both your account and our capital structure, which is why our policies require trades to remain within acceptable risk thresholds, including appropriate lot sizes, leverage, and trade frequency.
We understand that navigating these policies can be complex, and we’re here to offer additional guidance to help you align your strategy within the requirements. If you have further questions or need a detailed breakdown of any risk concerns, please don’t hesitate to reach out to our support team.
We value your commitment and look forward to assisting you in achieving success within the program.
Best regards,
Quantec trading Capital

Rated 1 out of 5 stars

Abhorrent experience

It took me a little over 50 days from purchasing the account to passing it. After another 30 days (so 80 in total) I was eligible for a withdrawal. My total profit was about $4700.

The request got denied because my account was apparently purchased using two coupons? This is against their terms (which is strange because they allow it, no errors popped up and it's also not listed ANYWHERE that this is against their terms). I asked where to find the exact place this is stated, they themselves keep evading this question because it not stated anywhere. There reason is: "As we've said before, only one coupon code is allowed per transaction, a standard practice in many online stores."

There are also many online stores where this IS allowed, and if not it gives an error, they do not come back to this 80 days later. What a joke. Legally this has no merit as well so I'm currently exploring options.

It is insane to me how it took 80 days for them to tell me this after countless hours of trading.

I get no withdrawal, account banned and no refund. I can buy a new account they say hahaha.

I could easily just pay the difference between the first and second coupon. It is astounding that they would let a potential successful partnership slip because I (due to no fault of my own) payed like $200 too little, while I made a profit of 10% in 45 days and an additional 4,7% in the live phase ($4700).
Very peculiar way to do business.

Incredibly disappointed and mislead.

I was unaware of the reviews here but I think it's quite clear what this firm is about.

22 October 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear Sid,

Thank you for sharing your review. We appreciate all feedback, as it allows us to improve and ensure transparency in our operations.

We’d like to clarify the situation regarding the use of multiple coupon codes. Unfortunately, using two coupons for a single transaction goes against our policy, which is why your account was flagged. While we understand your frustration, this restriction is in place to maintain fairness, and it’s a common practice across many online platforms.

We acknowledge that the issue wasn’t identified sooner, but the use of multiple coupons directly impacted the eligibility of your account. While you were able to successfully trade, it’s important to follow the established guidelines to ensure consistent and fair treatment for all traders.

We encourage all clients to thoroughly review our terms during the account setup process to avoid such misunderstandings.

If you have any further questions or need additional assistance, please don’t hesitate to reach out to our support team. We’re here to help.

Best regards,
Quantec Trading Capital

Rated 1 out of 5 stars

liers and scam

thieves and liars. Get away from this table. DO NOT BUY HERE. I have an account with risk management of 85% gain, several days operated and respecting ALL the requested RULES. They send a lying email saying that you didn't respect the rules and don't even say what happened.

Feel free to call me and I'll send you the emails and account history to prove it. Run while there's still time!

Don't come with these risky lies. I used a fixed lot of 0.10 on all operations. I'm already in contact with some influencers to expose the entire email history and transaction records. In Brazil you are already burned. I will expose you even more.

19 October 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear Everton,
Thank you for taking the time to leave your review. We value your input, as it allows us to continually enhance our services.

We want to reiterate that we have already contacted you via email, clearly outlining the reasons for the issue you experienced. It’s important to emphasize that these issues arise when the established guidelines and rules are not strictly followed. To avoid any complications, such as the rejection of withdrawal requests, we urge all clients to adhere closely to these rules.

Specifically, your account was flagged due to lot sizes, leverage, and the frequency of trades that were not aligned with the capital size in your account. Compliance with these parameters is crucial for risk management and to avoid unnecessary exposure. This helps prevent any actions that could lead to the indefinite closure of your account.

This decision was made in accordance with the Independent Contractor Agreement – Funded Trader, Clause 21)b, and is in place to avoid any disruptions during the withdrawal process.

If you need any additional information or support, please feel free to contact us. We’re here to assist.

Best regards,

Quantec Trading Capital

Rated 1 out of 5 stars

NEVER EVER CHOSE THIS FIRM

NEVER EVER CHOSE THIS FIRM. they dont give you a payout

15 July 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear Anna,

We sincerely appreciate you taking the time to share your feedback with us. Please rest assured that we treat all concerns with the utmost importance.

To address this matter promptly and effectively, we have requested further details from you via Trustpilot to assist us in resolving the issue.

We look forward to your response and remain at your disposal for any further assistance.

Best regards,
Quantec Trading Capital

Rated 1 out of 5 stars

after I understand all the rules that…

after I understand all the rules that they wrote and i read it multiple times and me after wait for 14 days waiting for my withdrawal to be accepted or rejected and for 14 days they couldn't find any excuse to they not pay me out they wrote for me an email writing withdrawal request has been declined. because of risk management and that was just a lie i didn't violate any risk management rule and my lot size that i was using is 1 and they didn't explain what i did wrong because it was just a lie

19 October 2024
Unprompted review
Quantec Trading Capital logo

Reply from Quantec Trading Capital

Dear Ahmed,

Thank you for your review. While we appreciate your feedback, we want to reiterate that we have already communicated the reasons behind your issue via email.

It’s crucial to understand that the problems you encountered arose because the established guidelines and rules were not fully adhered to. To avoid complications like the rejection of withdrawal requests, we emphasize the importance of following these rules closely.

Your account was flagged due to non-compliance with the required lot sizes, leverage, and trade frequency in relation to the capital in your account. These parameters are essential for maintaining proper risk management. Failure to comply not only increases unnecessary risk but may also lead to more serious consequences, including the potential indefinite closure of your account.

This decision aligns with the terms laid out in the Independent Contractor Agreement – Funded Trader, Clause 21)b. These measures are in place to prevent disruptions and ensure a smooth withdrawal process.

If there’s anything further you need or if you’d like more clarification, please don’t hesitate to reach out. We're here to help.

Best regards,
Quantec Trading Capital

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