Agreements to Our Legal Terms
We are Quant Tekel LLC Limited (‘Company’, ‘we’, ‘us’, or ‘our’), a company registered in St. Vincent & the Grenadines at EuroHouse, Richmond Hill Road
We operate the website https://qtfunded.quanttekel.com/ (the ‘Site’), as well as any other related products and services that refer or link to these legal terms (the ‘Legal Terms’) (collectively, the ‘Services’).
You can contact us by phone at (+27) 012 881 0816, email at support@qtfunded.com, or by mail to EuroHouse, Richmond Hill Road, Kingstown – St. Vincent & the Grenadines
Notice:
Please be aware that all accounts offered to our clients are demo accounts with simulated funds, and all trading activities occur within a simulated environment.
IMPORTANT INVESTMENT DISCLAIMER:
NONE OF THE SERVICES PROVIDED TO YOU BY THE PROVIDER CAN BE CONSIDERED INVESTMENT SERVICES IN ACCORDANCE WITH APPLICABLE LAWS. THE PROVIDER DOES NOT GIVE OR PROVIDE TO YOU ANY GUIDANCE, INSTRUCTIONS, OR INFORMATION ABOUT HOW OR IN WHICH MANNER YOU SHOULD PERFORM TRANSACTIONS WHEN USING THE SERVICES OR OTHERWISE, OR ANY OTHER SIMILAR INFORMATION ABOUT THE INVESTMENT TOOLS TRADED, NOR DOES THE PROVIDER ACCEPT ANY SUCH GUIDANCE, INSTRUCTIONS, OR INFORMATION FROM YOU. NONE OF THE SERVICES CONSTITUTE INVESTMENT ADVICE OR RECOMMENDATIONS. NO EMPLOYEES, STAFF, OR REPRESENTATIVES OF THE PROVIDER ARE AUTHORIZED TO PROVIDE INVESTMENT ADVICE OR RECOMMENDATIONS.
ALL PAYMENTS ARE FINAL AND FOR EVALUATION PURPOSES ONLY.
The registration fees are paid to allow you to access the Quant Tekel platform, models and services. The Customer is not entitled to a refund of the registration fees as the service is directly delivered after purchase. No refund applies to the service that Quant Tekel offers.
Table Of Contents
- Our Services
- Intellectual Property Rights
- Your use of our services
- Client Account Activity and KYC Verification Policy
- Your Submissions
- User Representations
- User Registration
- Purchase and Payment
- Cancellation
- Prohibited Activities
- User Generated Contributions
- Contribution Licence
- Services Management
- Privacy Policy
- QT Evaluation Stage and Funded Stage
- Rules of Demo/Simulation Trading
- Optional Tools
- Third-Party Services
- Risk Management and Compliance
- Term and Termination
- Modifications and Interruptions
- Governing Law
- Complaints
- Dispute Resolution
- Corrections
- Disclaimer
- Limitations of Liability
- Indemnification
- User Data
- Electronic Communications, Transactions, and Signatures
- California Users and Residents
- Miscellaneous
- Service Interruption
- Confidentiality of Communications
- Contact Us
- Responsible Trading Policy
Our Services
These Legal Terms constitute a legally binding agreement made between you, whether personally or on behalf of an entity (‘you’), and the Company, concerning your access to and use of the Services.
You agree that by accessing the Services, you have read, understood, and agreed to be bound by all of these Legal Terms.
The Services are only intended for persons over the age of 18 residing in the country for which the Services are available. By registering on the Website, you confirm that you are over 18 years of age.
Any new features or tools which are added to the current store (under provided accounts section) shall also be subject to the Terms of Service. We reserve the right to update, change or replace any part of these Terms of Service by posting updates and/or changes to our website.
Intellectual Property Rights
We are the owner or the licensee of all intellectual property rights in our Services, including all source code, databases, functionality, software, website designs, audio, video, text, photographs, and graphics in the Services (collectively, the ‘Content’), as well as the trademarks, service marks, and logos contained therein (the ‘Marks’).
Your use of our services
Subject to your compliance with these Legal Terms, including the ‘PROHIBITED ACTIVITIES’ section below, we grant you a non-exclusive, non-transferable, revocable licence to access the Services and download or print a copy of any portion of the Content to which you have properly gained access solely for your personal, non-commercial use.
Client Account Activity and KYC Verification Policy
Upon request by the Company, you may be required to complete our onboarding process, which includes due diligence and client verification procedures. This process involves collecting identification documents, including non-public personal information for you (if applicable).
You acknowledge that the Company shall accept you as a User only after you satisfactorily clear all the verifications required by us, including any required under the anti-money laundering and combatting financing of terrorism (“AML/CFT”) laws, conducted by the Company’s third-party AML/KYC service providers.
Any client of the Company who has not completed the most recent and up-to-date Know Your Customer (KYC) verification shall not be deemed to possess an active account with the Company. Consequently, any trades executed or profits accrued by such a client shall be considered invalid and unenforceable.
The Company may, at any time, refuse, restrict or limit the service made available to a User or decide to terminate this Agreement and close an Account, if a User is found to have provided incorrect, incomplete, inaccurate, or false information.
Your Submissions
By directly sending us any question, comment, suggestion, idea, feedback, or other information about the Services (‘Submissions’), you agree to assign to us all intellectual property rights in such Submission.
User Representations
By using the Services, you represent and warrant that:
(1) all registration information you submit will be true, accurate, current, and complete;
(2) you will maintain the accuracy of such information;
(3) you have the legal capacity and agree to comply with these Legal Terms;
(4) you are not under the age of 18;
(5) you will not access the Services through automated means;
(6) you will not use the Services for any illegal or unauthorised purpose.
User Registration
You may be required to register to use the Services. You agree to keep your password confidential and will be responsible for all use of your account and password. One registration per person is permitted.
Purchase and Payment
We accept the following forms of payment: Visa, Mastercard, American Express, PayPal, and Cryptocurrency.
You agree to provide current, complete, and accurate purchase and account information for all purchases made via the Services.
Cancellation
All purchases are non-refundable. You can cancel your subscription at any time by logging into your account. Your cancellation will take effect at the end of the current paid term.
Prohibited Activities
As a user of the Services, you agree not to:
- Systematically retrieve data or other content from the Services
- Trick, defraud, or mislead us and other users
- Circumvent security-related features of the Services
- Use any information obtained from the Services to harass, abuse, or harm another person
- Upload or transmit viruses or other malicious material
- Engage in any automated use of the system
- Traders associated with proprietary trading firms, including their owners and employees, are strictly prohibited from engaging in trading activities with Quant Tekel LLC
- Registering with multiple e-mail addresses
User Generated Contributions
The Services does not offer users to submit or post content.
Contribution Licence
You and Services agree that we may access, store, process, and use any information and personal data that you provide following the terms of the Privacy Policy.
Services Management
We reserve the right to monitor the Services for violations of these Legal Terms and take appropriate legal action against anyone who violates the law or these Legal Terms.
Privacy Policy
We care about data privacy and security. By using the Services, you agree to be bound by our Privacy Policy.
QT Evaluation Stage and Funded Stages
(a) Maximum & Daily Loss Limits
During the Evaluation Stage and Funded Stage, you should not exceed the maximum loss & maximum daily loss limits:
- QT PRIME: 2-Step & 3-Step:
10% Maximum loss limit & 4% Max Daily loss limit. Drawdown is Static Based on Initial Balance
- QT POWER:
8% Maximum loss limit based on initial balance & 4% Max Daily loss limit based on End of Day (EOD)
- QT INSTANT:
Maximum loss limit:Trailing 6% from the highest recorded balance or floating equity & Max Daily loss limit 3% static based on initial account balance.
(b) Simulated Profit Targets
During the Evaluation Stage, you are required to meet specific simulated profit targets based on the initial account size.
QT PRIME
- 2 Step Account – Phase 1: 8%, Phase 2: 5%
- 3 Step Account – Phase 1,2,3 each : 6%
QT POWER
2 Step Account – Phase 1: 6%, Phase 2: 6%
QT INSTANT
5% minimum profit made to be eligible for withdrawal
(c) Minimum Trading Days
You are required to meet specific minimum trading days in each phase.
QT PRIME
- 2 Step Account: 4 Minimum Days
- 3 Step Account: 4 Minimum Days
- Funded Account: 4 Minimum Days % 2 x +0.5% profit each (closed each day)
QT POWER
- 2 Step Account: 4 Minimum Days
- Funded Account: 4 Minimum Days
QT INSTANT
(d) Funded Stage Profit Splits & Payout Frequence:
QT PRIME – 80% Profit Split with Biweekly Payouts
QT POWER – 80% Profit Split with Payout on Demand
QT INSTANT – 80% with Biweekly Payouts
Rules of Demo/Simulation Trading
(a) Account Inactivity
The account cannot be inactive for more than 30 calendar days. Inactive means no trades have been executed on the account.
(b) News Trading and Weekend Holdings
QT PRIME, QT POWER, QT INSTANT: Trades can be held over the weekend.
QT PRIME & QT INSTANT: Trades must not be initiated within 5 minutes before or after a Red Folder news release per Forex Factory. Positions opened more than 5 minutes before a news release may be held through the news event.
Limit orders set more than 5 minutes before a news release, with predefined Stop Loss (SL) and Take Profit (TP), are allowed if activated during the release.
- This rule applies to all pairs on the following news releases:
- Consumer Price Index (CPI)
- Federal Open Market Committee (FOMC) Statement
- FOMC Meeting
- Non-Farm Employment Report
- USD PMI
(c) Max Exposure/Risk Rules
QT INSTANT –
2% max risk allowed – violation of this is a HARD BREACH
QT PRIME –
Funded traders must not expose more than 2.5% of their initial account balance at any one time.
For QT PRIME, QT POWER & QT INSTANT –
Please be aware that we prohibit ‘ALL OR NOTHING trading’ strategies
(d) Consistency Score and Minimum Profit Requirements
The consistency score ensures that no single winning day accounts for an excessive percentage of your overall profit.
- QT INSTANT:
25% Consistency score + 5% minimum profit made to be eligible for withdrawal
- QT POWER:
35% Consistency score
(e) Forbidden Trading Practices and Toxic Trading Behaviour
The following trading practices are prohibited:
- Latency Trading
- Arbitrage Trading
- High-Frequency Trading:
- Includes tick scalping
- Reverse Trading or Group Hedging
- Order book spamming
- Flooding the server with messages due to incorrect use of algorithm
- One side betting, Excessive one-sided positions can disrupt liquidity and create unnatural price movements.
- Trading behaviours that the Risk Department deem Toxic – which we will communicate with you
Optional Tools
We may provide you with access to third-party tools over which we neither monitor nor have any control. You acknowledge and agree that we provide access to such tools on an “as is” and “as available” basis without any warranties.
Third-Party Services
(a) Third-Party Links
Certain content, products and services available via our Service may include materials from third-parties. We are not responsible for examining or evaluating the content or accuracy of third-party materials.
(b) Third-Party Provider Compliance
Our platform integrates with various third-party providers. You must comply with the terms and conditions set forth by these third-party providers in addition to our own terms and conditions.
(c) Blocking Due to Compliance Reasons
If a third-party provider blocks or restricts you for any compliance-related reasons, we reserve the right to mirror such restrictions on our platform.
Risk Management and Compliance
Any trading activities that are used to take advantage of trading platform inefficiencies are prohibited. We may carry out risk assessment interviews to ensure there are no prohibited or suspicious activities on the account.
Users are required to participate in mandatory risk assessment interviews by providing us with answers to common questions about their trading strategies and behaviors.
Term and Termination
These Legal Terms shall remain in full force and effect while you use the Services. We reserve the right to terminate your use or participation in the services at any time, without warning, at our sole discretion.
Modifications and Interruptions
We reserve the right to change, modify, or remove the contents of the Services at any time or for any reason at our sole discretion without notice.
Governing Law
These Legal Terms are governed by and interpreted following the laws of South Africa. The Company and yourself both agree to submit to the exclusive jurisdiction of the courts of South Africa.
Complaints
In order to resolve a complaint regarding the Services, please contact us at support@qtfunded.com.
Dispute Resolution
To expedite resolution and control the cost of any dispute, the Parties agree to first attempt to negotiate any Dispute informally for at least thirty (30) days before initiating arbitration.
Payment Dispute Policy:
Once you dispute an order payment it has an adverse impact on the company, financially, and causes damage to our company profile. Hence, according to our policy, we will be banning accounts of traders who dispute their payments and moving forward we will not entertain any requests to unban the accounts.
Corrections
There may be information on the Services that contains typographical errors, inaccuracies, or omissions. We reserve the right to correct any errors, inaccuracies, or omissions and to change or update the information on the Services at any time, without prior notice.
Disclaimer
The services are provided on an as-is and as-available basis. To the fullest extent permitted by law, we disclaim all warranties, express or implied, in connection with the services and your use thereof.
Limitations of Liability
In no event will we or our directors, employees, or agents be liable to you or any third party for any direct, indirect, consequential, exemplary, incidental, special, or punitive damages arising from your use of the services.
Indemnification
You agree to defend, indemnify, and hold us harmless from and against any loss, damage, liability, claim, or demand made by any third party due to or arising out of your use of the Services or breach of these Legal Terms.
User Data
We will maintain certain data that you transmit to the Services for the purpose of managing the performance of the Services. You are solely responsible for all data that you transmit.
Electronic Communications, Transactions, and Signatures
Visiting the Services, sending us emails, and completing online forms constitute electronic communications. You consent to receive electronic communications.
California Users and Residents
If any complaint with us is not satisfactorily resolved, you can contact the Complaint Assistance Unit of the Division of Consumer Services of the California Department of Consumer Affairs.
Miscellaneous
These Legal Terms constitute the entire agreement and understanding between you and us. Our failure to exercise or enforce any right or provision shall not operate as a waiver of such right or provision.
Service Interruption
Quant Tekel LLC l will not be held liable for any termination of services provided by third parties with whom it chooses to partner. Quant Tekel LLC reserves the right to suspend services for any client at any time during migration or while internalizing services.
Confidentiality of Communications
All communications between Quant Tekel LLC and you, the user of our services, are strictly confidential. This includes, but is not limited to, emails, messages through our website, phone calls, and any other form of communication.
By using our site and engaging in our Service, you agree that you will not disclose, share, publish, or otherwise make public any part of these communications without the prior written consent of Quant Tekel LLC.
Contact Us
In order to resolve a complaint regarding the Services or to receive further information regarding use of the Services, please contact us at:
Quant Tekel LLC
EuroHouse, Richmond Hill Road, Kingstown, St. Vincent & the Grenadines
Phone: (+27) 012 881 0816
Email: support@qtfunded.com
Responsible Trading Policy
At Quant Tekel LLC, we are committed to providing a secure and reliable environment that fosters responsible trading practices. All trading activities conducted on your simulated accounts must be legitimate and accompanied by common sense.
Responsibilities
When trading with our accounts, you must adhere to legitimate trading practices and refrain from any type of toxic trading flow, news trading, and unprofessional trading behaviors that are unsustainable in the long term.
Best Practices
- Having clear trading plans and realistic goals
- Avoid gambling behavior
- Choose your trading assets and get to know them
- Stay connected to the world and market developments
- Take regular breaks from trading
Consequences of Non-Compliance
- Account suspension or closure
- Restrictions and limitations on your account
- Denied performance fees to discourage toxic trading practices
Review and Revision: Quant Tekel LLC retains the right to review and revise these terms and conditions at any time, subject to modification without prior notice.
