Does QT Funded require KYC, and when are traders asked to complete verification?
💡 Answer
Is KYC Required at QT Funded?Yes
At what stage traders must go through identity verification at QT Funded?
KYC is required as part of onboarding and may be requested by the company’s AML/KYC providers. QT INSTANT specifically requires KYC verification and a signed contract before trading is enabled. Accounts may be treated as inactive/invalid if the latest KYC requirements are not completed.
More FAQs about QT Funded
- What trading styles are permitted at QT Funded, including EAs, news trading, weekend trades, and copy trading?
- How can traders pay for accounts at QT Funded, and are refunds available?
- What are the payout rules at QT Funded, such as minimum withdrawal, payout frequency, processing time, and methods?
- What is the maximum profit split offered by QT Funded?
- What assets and markets can traders trade at QT Funded?
- What leverage does QT Funded offer for forex, indices, metals, and crypto trading?
- Which trading platforms are available at QT Funded, and who is the underlying broker?
- How does QT Funded handle spreads, commissions, and slippage during trade execution?
- Which trading strategies are restricted by QT Funded, does the firm allow martingale trading, and are lot size limits enforced?
- What drawdown model is applied at QT Funded?
- What risk management and consistency rules must traders follow at QT Funded?
- What program types does QT Funded offer to traders?
- What challenge structure does QT Funded use for its evaluation process?
- What is the maximum funding offered by QT Funded, and is a scaling plan available for traders?
- What is the current Trustpilot rating and number of reviews for QT Funded?
- What program types are available at QT Funded?
- How many accounts can a trader hold at QT Funded, is account merging allowed, and are there lot size limits?
- Which countries are restricted from trading with QT Funded?
Guides Where QT Funded Is Featured
- Prop Firms Offering Crypto Trading
- Prop Firms With cTrader Platform
- Prop Firms with More Than 5000 Trustpilot Reviews
- Prop Firms With Trustpilot rating of 3.4 or higher
- Top Prop Firms That Accept Clients From Guatemala
These guides include QT Funded alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
QT Funded vs Goat Funded Trader vs FunderPro - Prop Firm Comparison (March 2026)
Side-by-side comparison of QT Funded vs Goat Funded Trader vs FunderPro. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated March 2026.
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QT Funded
QT Funded (Quant Tekel) is a simulated CFD prop firm (founded Oct 2023) offering QT Prime (2-step/3-step), QT Power (2-step) and QT Instant (instant funding). Traders get access to FX, indices, metals, crypto and oil on MT5, cTrader or TradeLocker,...
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Goat Funded Trader
Goat Funded Trader offers 1‑step, 2‑step, 3‑step, Blitz and instant funding evaluations with static or trailing drawdowns up to 5% daily and 10% overall, scaling capital up to $2 million with profit splits starting at 80% and upgrades to 95–100%...
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FunderPro
FunderPro is a Malta-registered simulated proprietary trading program that offers Pro, Classic, and One-Phase challenges on MT5, cTrader, and TradeLocker. Traders can manage up to $200,000 total funded allocation, earn performance rewards with profit splits up to 90%, and access...
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|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 4.4 | 0 | 0 |
| Trustpilot Reviews | 12,324 | 0 | 0 |
| Headquarters | South Africa | Saint Lucia | Malta |
| Age (Years) | N/A | 4 | 3 |
| Max Funding | $400,000 | $2,000,000 | $200,000 |
| Profit Split Start | 80% | 80% | 60% |
| Profit Split Max | 100% | 100% | 90% |
| Platforms | MT5 cTrader TradeLocker | MT5 cTrader Match-Trader TradeLocker Volumetrica | MT5 cTrader TradeLocker |
| Assets | FX Metals Indices Crypto Oil | Forex pairs; CFD indices; metals; commodities; stocks; cryptocurrencies | Forex Metals Energies US Indices EU Indices Shares Cryptos |
| Leverage | |||
| FX Leverage | 100 | 100 | 100 |
| Metals Leverage | 35 | 100 | 30 |
| Crypto Leverage | 2.5 | 2 | 2 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | Maximum Daily LossDaily loss limits are program-specific:QT PRIME: 4% daily drawdown fixed to the initial balance (does not change with profits).QT POWER: daily drawdown is based on End-of-Day (EOD) equity; 3% on legacy rulesets and 4% for accounts issued after 9 Apr 2025.QT INSTANT: 3% daily drawdown fixed to the initial account balance (does not change with profits).Breaching the daily limit is treated as a hard breach on funded stages. | 5 | 5 |
| Max Total Loss | Maximum Overall LossOverall drawdown limits differ by plan:QT PRIME: 10% maximum drawdown (static, based on initial balance).QT POWER: 8% maximum loss limit (based on initial balance).QT INSTANT: 6% maximum drawdown that trails the highest recorded balance or floating equity (high-water mark). (Some operational details—such as whether trailing drawdown locks at starting balance after withdrawal—depend on the account’s issue date.) | 10 | 10 |
| Drawdown Type | Drawdown ModelQT Funded uses a mix of static and trailing drawdown models:Static drawdown: QT PRIME (10% max loss) and QT POWER (8% max loss) use static overall drawdown anchored to the initial balance.Trailing drawdown: QT INSTANT uses a 6% trailing maximum drawdown from the highest recorded balance/equity, paired with a fixed 3% daily drawdown. | Static for 1‑step, 2‑step and 3‑step evaluations; trailing for GOAT Blitz and instant funding; daily drawdown resets at 5 PM EST | Drawdown ModelFunderPro uses a balance-based daily drawdown reset and a fixed maximum drawdown measured from the initial balance (no trailing drawdown). Daily drawdown is calculated from a daily snapshot (5:00 p.m. EST / day start 00:00 GMT+3 server time depending on page context). |
| Payouts | |||
| Payout Frequency | Payout FrequencyPayout requests are available every 2 weeks (14 days) from the first trade on the funded account and every 14 days for each consecutive payout cycle.QT PRIME: Bi-weekly payouts at 80% split, or Prime On-Demand payouts (100% split) subject to eligibility requirements.QT POWER: payout on-demand subject to minimum conditions (including 35% consistency and minimum trading days).QT INSTANT: bi-weekly payouts at 80% split (with a 5% minimum profit and 25% consistency requirement for eligibility). | Bi‑weekly; Instant Standard triple-payday every 10 days | Payout FrequencyOne-Phase & Classic: bi-weekly payouts (every 14 days). Optional “First Reward in 7 Days” add-on allows first payout after 7 days instead of 14.Pro: selectable payout cadence at checkout: Daily payouts (60% split) or Weekly payouts (90% split), eligible once the account is at least 1% in profit vs initial balance. |
| Days to First Payout | 14 | 10 | 14 |
| Payout Processing Time | Payout ProcessingQT Funded states payout requests are processed within 24 business hours after submission/approval (the request day does not count toward the 24-hour processing window).Minimum performance fee: the minimum payout amount is 1% or $100 (whichever is higher). For QT INSTANT, the minimum performance fee is stated as 5% of profit margin. | 2 | Payout ProcessingFunderPro states rewards are typically processed within 1 working day after approval (average issuing time ~8 hours). |
| Payout Methods | Crypto Bank Wire Transfer QT Card | Rise; Crypto; Skrill | USDC (direct transfer to wallet) Rise (reward paid to Rise wallet in USD; user can withdraw in preferred fiat/crypto via Rise) |
| Payments | |||
| Payment Methods | Credit/Debit Card (Visa Mastercard American Express) PayPal Crypto | Credit/debit card; PayPal; crypto | Credit/Debit Card Crypto and other available payment options offe |
| Trading Permissions | |||
| News Trading | Evaluation stage: news trading is allowed.Funded stage (QT PRIME & QT INSTANT): news trading is restricted around Forex Factory red-folder (high-impact) releases: no manual trading activity (opening/closing/modifying positions or orders) within 5 minutes before/after the event; SL/TP and qualifying limit orders set earlier may still trigger. Violations are treated as hard breaches. QT PRIME On-Demand does not have the news rule applied. | Allowed; but trades opened or closed within 5 minutes of high‑impact news may only generate up to 1% profit of initial balance | 14 |
| Weekend Trades | Weekend holding is permitted across QT PRIME, QT POWER and QT INSTANT (trades can be held over the weekend), subject to general risk rules and market conditions. | yes | Payout ProcessingFunderPro advertises an average reward issuing time of 8 hours (after approval). For challenge-fee credits (where applicable), fee credits are processed within 7 days of the first reward withdrawal. |
| Copy Trading | Copy trading rules depend on total allocation:Under $400,000 total allocation: traders may copy trades and use the same strategy across accounts.$400,000 and above: traders may still hold multiple accounts, but they may not copy trades or use the same strategy between accounts; each account must use a different strategy and trade different instruments for its entire history.QT INSTANT: additional max-allocation rule for same-strategy use (max $99,000); QT Instant allocation also counts toward the overall $400,000 cap. | No (duplicating trades across accounts is prohibited) | FunderPro allows copy trading under strict conditions designed to ensure that all trading activity originates from the trader’s own strategies. Copy trading is permitted only between accounts owned by the same individual (including the trader’s own accounts at other prop firms or retail brokers), while copying from third-party accounts is strictly prohibited and results in a hard breach. Coordinated trading between different traders, the use of rented or mass-distributed EAs, public signal mirroring, or any form of collusion is forbidden,... |
| EA Allowed | Expert Advisors (EAs) are permitted only with pre-approval. Traders must submit the EA name and links to [email protected] before use. Trade copiers are also permitted with approval, and copied executions must place visible SL/TP (no invisible trade management). Unapproved use can result in account forfeit and group trading with shared EAs is prohibited. | Expert Advisors are permitted provided they are not high‑frequency or arbitrage systems; they must be original and not marketed for passing challenges, and the trader may be asked to prove ownership by supplying the code. | FunderPro allows the use of Expert Advisors (EAs) and automated trading systems across supported platforms such as MT5, cTrader, and TradeLocker. However, traders are strictly required to own the strategy or source code behind any automation used. The use of third-party rented bots, closed “black box” systems, mass-distributed EAs, or automation sourced from public signal groups is prohibited, as FunderPro evaluates individual trading skill and decision-making rather than replicated strategies. |
| KYC & Restrictions | |||
| KYC Required | Yes | No | No |
| KYC Stage | KYC is required as part of onboarding and may be requested by the company’s AML/KYC providers. QT INSTANT specifically requires KYC verification and a signed contract before trading is enabled. Accounts may be treated as inactive/invalid if the latest KYC requirements are not completed. | After passing the evaluation and before receiving the funded account and first payout | FunderPro requires traders to complete the Know Your Customer (KYC) verification process after passing the Challenge and before signing the funded trader agreement or receiving any payouts. Traders may participate in the Challenge phase without completing KYC; however, verification is mandatory to transition into a funded account. FunderPro advises traders to ensure they can successfully pass the KYC process before purchasing a Challenge to avoid future issues. Once documents are submitted, the verification process typically takes 24–48 hours to complete. |
| Restricted Countries | Iran Iraq Myanmar Belarus North Korea South Korea Russia (MT5) Pakistan Syria Egypt United States (MT5 and cTrader) Canada (MT5) | Bangladesh Bulgaria Chile Cuba Hong Kong Iran Japan Jordan Lebanon Libya Malaysia Myanmar North Korea Russia Senegal Singapore Somalia South Korea Sri Lanka Sudan Syria Togo Thailand Vietnam | Afghanistan Belarus Central African Republic Congo (Democratic Republic of) Cuba Haiti Iran Iraq Libya Mali Myanmar (Burma) North Korea Somalia Sudan South Sudan Syria The Russian Federation Venezuela Yemen Regions of Ukraine: Crimea Donetsk Kherson Luhansk and Zaporizhzhia |