What are the spread, commission, and slippage conditions for traders at QT Funded?
💡 Answer
QT Funded provides a demo environment designed to mirror real-market conditions, using live data feeds, variable interbank spreads, and fixed commissions (where applicable). Spreads can widen during volatility, illiquid periods, or around major events.
Execution is designed to reflect real conditions and can include both positive and negative slippage and execution delay, especially during high volatility or large order sizes. Trades may also be reviewed/voided if they are deemed to exploit unrealistic prices or trade opportunities during abnormal market conditions.
Commissions
QT Funded’s standard commission rate is $4 per round lot ($2 per side) where commissions apply.
- QT PRIME (RAW spread option): commissions apply to FX, indices, metals and crypto; oil is commission-free. QT PRIME also offers a variable-spread (commission-free) option.
- QT POWER: commissions apply to FX and crypto; indices are commission-free; oil is commission-free.
- QT INSTANT: commissions apply to FX, indices and crypto; oil is commission-free.
Live spread data, commission schedules, and execution statistics are published on QT Funded official website.
More FAQs about QT Funded
- Can traders use EAs, trade news, hold weekend positions, or copy trades at QT Funded, and what strategies are prohibited?
- How do payments and refunds work at QT Funded?
- How does QT Funded handle trader withdrawals in terms of payout limits, timing, and payment options?
- What is the highest profit split percentage available at QT Funded?
- What asset classes does QT Funded support for trading?
- How much leverage is available at QT Funded for FX, indices, metals, and crypto assets?
- What are the supported trading platforms at QT Funded, and who is the broker behind them?
- What trading practices are restricted at QT Funded, including rules on martingale and lot size limits?
- What drawdown structure does QT Funded follow for traders?
- Does QT Funded apply any consistency or risk-based trading rules?
- Which evaluation or funding programs are available at QT Funded?
- How do the challenges work at QT Funded for traders seeking funding?
- What is the funding limit at QT Funded, and does the firm allow traders to scale their accounts?
- What is QT Funded's Trustpilot rating and total review count right now?
- Does QT Funded offer 2-phase, 1-phase, or instant funding programs?
- What should traders know about account limits at QT Funded, such as max accounts, merging rules, and lot size limits?
- Does QT Funded enforce identity verification, and when is KYC performed?
- Are traders from all countries allowed at QT Funded, or are there restrictions?
Guides Where QT Funded Is Featured
- Prop Firms Offering Indices Trading
- Prop Firms With cTrader Platform
- Prop Firms with More Than 10000 Trustpilot Reviews
- Prop Firms With Trustpilot rating of 4.0 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 FXIFY vs Eightcap Challenges - Prop Firm Comparison (April 2026)
Side-by-side comparison of QT Funded vs FXIFY vs Eightcap Challenges. 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 April 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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FXIFY
FXIFY is a broker-backed prop firm (FXIFY Markets Ltd, licensed in Labuan, Malaysia) offering One Phase, Two Phase and Three Phase evaluations, an Instant Funding path, and a 7-day Lightning Challenge, with up to 90% performance splits, on-demand payouts on...
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Eightcap Challenges
Eightcap Challenges is a broker-backed simulated trading program operated by Eightcap International Ltd (Seychelles) that offers One Phase and Two Phase CFD challenges on mt4, mt5 and tradelocker with balance-based drawdown limits, a 14-day payout cycle, and 80% profit splits...
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|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 4.2 | 4.4 | 4.1 |
| Trustpilot Reviews | 12,400 | 5,704 | 3,663 |
| Headquarters | South Africa | Malaysia | Seychelles |
| Age (Years) | N/A | 4 | 1 |
| Max Funding | $400,000 | $4,000,000 | $600,000 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 100% | 90% | 90% |
| Platforms | MT5 cTrader TradeLocker | MT4 MT5 DXtrade | mt4 mt5 tradelocker |
| Assets | FX Metals Indices Crypto Oil | FX Metals Indices Commodities Stocks Crypto | FX Commodities Indices Crypto US Stocks (Day Trader only) |
| Leverage | |||
| FX Leverage | 100 | 50 | 100 |
| Metals Leverage | 35 | 50 | 20 |
| Crypto Leverage | 2.5 | 1 | 3 |
| 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. | Maximum Daily LossFXIFY's daily drawdown limits are program-specific. FXIFY provides examples showing One Phase uses a 3% daily drawdown, while Two Phase uses a 4% daily drawdown. Daily drawdown is monitored alongside max drawdown thresholds, and traders should plan withdrawals and risk so that intraday equity does not breach the daily limit. | Maximum Daily DrawdownEightcap Challenges applies a balance-based daily drawdown rule calculated from the previous day’s account balance snapshot (Previous Day Balance × Limit%). Your account’s intraday equity loss must not exceed this daily limit.One Phase: 4% daily drawdown (Assessment and Payout Stages).Two Phase: 5% daily drawdown (Assessment, Qualification and Payout Stages).Day Trader: No daily drawdown; risk is managed via fixed maximum drawdown thresholds tied to the selected timeframe and multiplier. |
| 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.) | Maximum Overall LossFXIFY provides examples showing One Phase accounts use a 6% max drawdown and Two Phase accounts use a 10% max drawdown. For Three Phase, FXIFY describes a static drawdown option where max drawdown is set at 5% and remains static for the life of the account. | Maximum DrawdownOverall drawdown is enforced as a fixed percentage of the initial balance for standard challenges and as fixed-dollar thresholds for Day Trader Challenges.One Phase: 8% maximum drawdown (Assessment and Payout Stages).Two Phase: 10% maximum drawdown (Assessment, Qualification and Payout Stages).Day Trader: Maximum drawdown is defined in dollars and varies by timeframe and multiplier (DT-1/DT-2/DT-4/DT-8 with 2x/5x/10x options). |
| 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. | Drawdown ModelFXIFY supports both trailing-style drawdown mechanics and an optional static drawdown mode (notably for 2-Phase and 3-Phase). FXIFY also explains that on 1- and 2-Phase accounts, when a withdrawal is requested, the max drawdown “locks” at the starting balance, meaning profit withdrawals reduce the buffer created by gains and can increase breach risk if no buffer remains. | Balance-based (Daily from previous-day balance; Max fixed from initial balance) |
| 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). | Payout FrequencyInstant Funding: FXIFY states Instant Funding accounts offer payouts every 14 days. Evaluation programs (1-Phase, 2-Phase, 3-Phase): FXIFY states the first payout is instant and on demand, processed right after the trader's first live trade in the funded account. | Payout FrequencyOne Phase & Two Phase: Standard payout eligibility begins 14 days into the Payout Stage (or 7 days with the earlier-payout add-on), provided all payout-stage requirements and KYC are satisfied.Day Trader Challenges: Payout eligibility is immediate upon successful completion of the time-limited challenge. |
| Days to First Payout | 14 | 0 | 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. | 0 | Payout ProcessingPayout requests are reviewed by the risk team for rules compliance and KYC (if required). Approved payouts are typically processed within 24–48 hours of an eligible request, but may take longer if additional review is required. |
| Payout Methods | Crypto Bank Wire Transfer QT Card | Crypto Bank Transfer | Crypto International Bank Transfer |
| Payments | |||
| Payment Methods | Credit/Debit Card (Visa Mastercard American Express) PayPal Crypto | Credit/Debit Card Crypto | Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) |
| 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. | News trading rules are defined by FXIFY program terms and platform rules; traders should follow FXIFY's compliance guidance and avoid any prohibited behavior, especially around extreme volatility where drawdown breaches can occur quickly. | Trading during major news events is restricted: you cannot place trades within 10 minutes before or after high-impact events (per FXStreet). Trading inside the window is treated as a soft breach that triggers a warning and removal of any profits made from those trades. |
| 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. | FXIFY advertises the ability to hold positions over the weekend on supported programs/instruments, subject to market hours, symbol availability, and account objectives. | Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. |
| 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. | Copy trading is allowed between your own FXIFY accounts and from FXIFY accounts to other accounts. To copy from an external account into a FXIFY account, FXIFY requires submission of the master account statement in HTML format beforehand, and copying from a third party is prohibited. | Copy trading or mirroring another person’s trades is prohibited and may result in profit removal or account termination. Copying between your own accounts is allowed only if all accounts are registered under the same email address. |
| 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. | 1 | Expert Advisors (EAs) and indicators are permitted, but prohibited strategy types (including martingale, grid, tick trading, arbitrage variants, gap trading and account management) are monitored and can trigger violations—especially during the Payout Stage. |
| 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. | KYC is required as part of FXIFY's AML/KYC compliance process before traders can fully access withdrawals/performance fees. If a trader cannot pass KYC, FXIFY's policy explains this impacts their ability to proceed under the program's compliance requirements. | Australia, Saint Lucia, Afghanistan, Central African Republic, Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Guinea-Bissau, Iran, Iraq, Lebanon, Myanmar, Russia (and Crimea, Donetsk, Luhansk and Sevastopol regions of Ukraine), Somalia, Sudan, South Sudan, Syria, Yemen, Zimbabwe, Libya |
| Restricted Countries | Iran Iraq Myanmar Belarus North Korea South Korea Russia (MT5) Pakistan Syria Egypt United States (MT5 and cTrader) Canada (MT5) | United States Zimbabwe Iran Iraq North Korea Somalia Vietnam Burundi Central African Republic Ivory Coast Liberia Libya Sudan Cuba Syria Afghanistan Yemen Palestine Myanmar Nicaragua Congo Republic Crimea Democratic Republic of Congo Eritrea Guinea Guinea-Bissau Papua New Guinea South Sudan Vanuatu Venezuela Algeria Russia Kenya Ghana | Australia Libya Lebanon Pakistan Russia Somalia South Sudan Sudan United States Zimbabwe Afghanistan Central African Republic Cuba Democratic Republic of the Congo Guinea-Bissau Iran Iraq Myanmar North Korea Syria Yemen |
QT Funded
FXIFY
Eightcap Challenges