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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See what reviewers are saying
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
How this company uses Trustpilot
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Absolutely to Avoid
They keep declining my payouts and ignore my emails, just go with FTMO
5 September 2024
Unprompted review
STAY CLEAR
AVOID interacting with them. If you don't obtain aid in a timely manner, you will 100% lose your money. Their advertising is deceptive, and you will be locked out if you try to withdraw after you have increased your investment. They simply vanish when you get in touch with them and don't tell you where your money is invested. In accordance with their rules and regulations, they refused to transfer me my investments and shut my account. They are essentially SCAMMERS. I had to file a report, so i contacted 𝖮ptera Securities, and they successfully re-covered my entire investment portfolio—240k—through legal means. I won't give up until the truth is known by everybody. Before it's too late, save yourself!
1 September 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Ashley,
We are very sorry to hear about your experience and understand your frustration. We want to assure you that at Quantec Trading Capital, we take all customer concerns very seriously. However, we wish to clarify that any rejected withdrawal is due to valid reasons, always in strict compliance with our established policies and procedures.
We strive to maintain transparency in all our operations and are committed to providing fair and reliable service to all our clients.
Sincerely,
Quantec Trading Capital
Finally got payout after the migration…
Finally got payout after the migration to dx trade.
Quantec looks a lot more together, decent and fair. Quick replies and payout. Hopefully those who were refusing fair payouts and scamming before are gone from the company.
28 August 2024
Unprompted review
Reply from Quantec Trading Capital
Thank you for your feedback. We're glad to hear that you’ve received your payout and that you’re finding Quantec more organized and fair. We are committed to providing quick responses and reliable payouts. If you have any further concerns or need assistance, please don't hesitate to reach out.
Sincerely,
Quantec Trading Capital
It’s a complete scam
It’s a complete scam. Stay FAR, FAR away unless you want to lose all your money!!
20 August 2024
Unprompted review
Reply from Quantec Trading Capital
Dear GB.
At Quantec Trading Capital, we take our clients' satisfaction very seriously, and we work diligently to ensure a safe and transparent trading environment.
We invite you to contact our support team at support@quantectrading.com if you have any further questions or concerns.
We appreciate your understanding.
Sincerely,
Quantec Trading Capital Team
IF I COULD DO 0 or negative-5 stars ⭐️ i…
IF I COULD DO 0 or negative-5 stars ⭐️ i would… They will always have a excuse on why not to pay you out… do to either IP ISSUES OR SAYING SOMEONE IS TRADING FOR YOU… or you didnt follow of there rules. Lol TRUST ME..
19 August 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Joshua,
At Quantec Trading Capital, transparency and adherence to our rules are fundamental to ensuring a fair trading environment for all our clients. If we identify a breach of our rules, we cannot reverse the situation, as these rules are designed to protect all traders and ensure a fair process.
Our policies are carefully crafted to help our clients succeed in their trading endeavors. If you have any questions or concerns, we invite you to contact us at support@quantectrading.com. We are here to assist you.
Sincerely,
Quantec Trading Capital Team
Be Weary Of This Scam Company As I’m A…
Be Weary Of This Scam Company As I’m A Professional Trader & Have Serval Live Accounts Across All Funded Platforms 5Million Too Be Exact, I Also Make 6 Figures A Month trading so I can say confidently I know what I’m doing. This Company Has Denied My Payout & Other People I Know Saying That We Are Using A Copy Trader Too Take Trades With No Proof , Or Are Using Some Sort Of Management Too Trade My Account Simply Cause They Don’t Want Too Pay Out This Company Is On The Verge Of Falling Don’t Waste Ur Time Or Money.
15 August 2024
Unprompted review
Reply from Quantec Trading Capital
Dear John.
At Quantec Trading Capital, we are committed to maintaining the highest level of transparency and operating with integrity. With our long-standing presence in the market, we work diligently to ensure that all our processes are fair and clear.
All payments are made in accordance with our policies and procedures, and actions are taken only in cases where a violation of the rules has been identified. We take pride in ensuring that our clients have a satisfactory experience and are here to support them at all times.
If you have any additional questions, we invite you to contact our support team at support@quantectrading.com. We are committed to addressing any concerns you may have.
Thank you for your understanding.
Sincerely,
Quantec Trading Capital Team
Paiva, is only the trustworthy one.
This company is a scam, I requested my withdrawal and this company denied it. I reached out to their support only for them to be saying that I fake my trade which is not possible for me to do. Please, stay away from this company if you don't want to lose your money as I learnt my lesson the hard way.
12 August 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Sharon.
At Quantec Trading Capital, we take the integrity of our operations and transparency with our clients very seriously. If a withdrawal request was denied, it is because we found valid reasons in accordance with our established policies and procedures. Our goal is to ensure a fair trading environment for everyone.
If you have any questions or need further details about the decision made, we invite you to contact our support team at support@quantectrading.com. We are here to assist you and clarify any concerns you may have.
Sincerely,
Quantec Trading Capital Team
SCAM COMPANY AVOID!!!
Scam company.
I have been with this prop firm for just under one year. Every single payout request has been denied.
Latest one where every rule was met and I requested a small amount was denied due to trades are to similar to other people despite manual trading.
If this is the case then how can you trade with this company as surely other people will be placing similar trades because they have read the market in the same way. This company is terrible and will do anything possible to refuse payouts. In addition to what I have said, they even blocked my account from using EAs so it was 100% manual traded by myself.
Scam scam scam scam scam.
12 August 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Kucia,
At Quantec Trading Capital, our primary goal is to ensure a fair and transparent trading environment for all our clients. Our rules are designed to maintain system integrity and guarantee optimal functioning among traders. If a withdrawal request is denied, it is because valid reasons have been identified based on our compliance policies.
These rules are intended to protect both our clients and the company, ensuring that all participants have an equitable experience. Our team constantly works to provide all necessary information and resources to our clients so they can trade successfully and in accordance with the rules.
We want to emphasize that our commitment is to provide quality service, and we are here to support our traders at all times. If you have specific questions or need additional clarifications regarding our rules, we invite you to contact our support team at support@quantectrading.com. We are dedicated to resolving any concerns.
We appreciate your understanding.
Sincerely,
Quantec Trading Capital
SCAM SCAM
Declined my payouts on basis of copy trading but I took all the trades manually personal trades
12 June 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Matiru,
At Quantec Trading Capital, we take all withdrawal requests very seriously and apply a rigorous review process to ensure compliance with our policies and security standards.
We want to assure you that if a withdrawal has been declined, it is because valid reasons were found to justify this action, always in line with our operational policies and compliance requirements. Our goal is to maintain a safe and transparent environment for all our clients.
If you have any questions or need more information about the process that led to this decision, we invite you to contact our support team at help@quantectrading.com. We would be happy to help you better understand the situation and address any concerns you may have.
We appreciate your understanding and are here to support you.
Sincerely,
Quantec Trading Capital Team
Quantec Decline my withdrawal, stay away from this propfirm!!!
Quantec is a very disappointing company. This is the second time I have submitted a withdrawal request. The first time, they took my earnings for a month, claiming I violated the consistency rule. I tried to accept this decision, as I admitted to trading with varying lot sizes.
The second time I submitted a withdrawal request after trading for a month, I traded using the same lot size to avoid any violations. I asked customer support about the exact lot size I could use for an account worth 25,000 dollars, and they said 0.4 was acceptable. After a month of trading, I made a profit of 2,000 dollars and submitted another withdrawal request, which was denied.
First, they said I violated consistency. I then sent them a trading statement for the month, showing that I had corrected my lot sizes and complied with the consistency rule. Then they came up with a second excuse:
The second reason they gave was that I violated the daily loss limit. I asked them to show me which order violated this limit, and they couldn't provide an answer.
Then they claimed there was a bug in their system. I asked when I could receive my payment, but there was no response. They then changed their story again, saying there was a minor breach and that they would only cancel the trades affected by this minor breach. I asked which trades were affected and how much I would receive, but they didn't answer. Instead, they said I violated the consistency rule again.
I asked again, stating that for a month, I had followed the consistency rule by trading with a 0.4 lot size. They claimed that my entire month's trading was a violation of the consistency rule because my lot size was 0.4 instead of 0.3. I asked where it was stated that a 25,000 dollar account should use a 0.3 lot size, and they couldn't show me.
In essence, my trust in this company is completely broken. Do not ever get involved with this scam company.
4 August 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Satya,
We deeply regret that you have had a negative perception of our services.
We want to assure you that all decisions regarding your withdrawal request were made after a thorough analysis of the operations on your account. The evidence supporting our decision was sent to your email. If for any reason you did not receive this information or need it to be resent, please do not hesitate to contact our support team at help@quantectrading.com. We are here to help you better understand the situation.
We value our customers and always strive for transparency in all our processes. We appreciate your understanding and hope to assist you with any other inquiries you may have.
Sincerely,
Quantec Trading Capital
Mother f***rs won't give withdraws they…
Mother f***rs won't give withdraws they will find reasons to not give your share i requested withdraw for 2 times i followed evey rule and traded on my own but they rejected withdraw, because they said mad copy trade and 50000 account had same trade which i placed scammers don't ever purchase waste of money waste of your time your , your confidence will break jut dont choose hft passing account at all
5 August 2024
Unprompted review
Reply from Quantec Trading Capital
Thank you for sharing your feedback. We understand your frustration regarding the withdrawal process and the issues you've encountered.
Please be assured that we take such concerns seriously. We have reviewed your case thoroughly, and all evidence related to rule violations has been communicated to you via email. We want to emphasize that our company is committed to maintaining transparency and integrity in all our operations. We are not a scam, and we adhere to strict standards to ensure fair treatment for all our clients.
If you have any further questions or need additional clarification, please do not hesitate to contact our support team. We are here to assist you and address any concerns you may have.
Best regards,
Quantec Trading Team
Extremely poor
Extremely poor! Had two accounts taken one for being tooo much of a risk to when they couldn’t find any more excuses not to pay! Second time no reason just termination saying this your account won’t be valid anymore!
Now if they claim to be legit there processes can’t be predictable because how can everyone have the same issue and them never paying out and having accounts taken down?
My last withdrawal I have an email thread catching them out, first withdrawal was consistency rule I asked in all my emails stating how I’m going to trade and I physically ticked off all the excuses they come up with when they don’t pay and after every rule was followed I sent an email so there’s a thread and I’m my last email I stated “all your rules have been followed for once don’t be a scam don’t come up with
1 - you too much of risk so we terminating
2- don’t make up this nonsense that my trades seem to be copying from other accounts ( they love that one when they don’t want to pay)
So I stared these things saying don’t use these excuses because you always do that to cover up your scam of a prop firm from payments. And they said they won’t do that and surprise surprise woke up this morning with a denied withdrawal email saying my trades seem to be copied across accounts!
I want to speak to someone higher up this nonsense is out of hand I mean 1.8 on trust pilot that’s a disgrace!
Where’s the people in charge here because if you not going to pay then close down your firm why take traders money and time for a joke!
5 August 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Matthew,
We sincerely regret that your experience did not meet expectations. We want to assure you that at Quantec Trading Capital, we operate with complete transparency and rigor in all our processes. The evidence supporting our decisions has been sent to your email, and we understand that this can be frustrating.
It is true that our rating on Trustpilot reflects the voices of those who, unfortunately, did not meet their goals and feel the need to express their frustration. However, we would like to highlight that clients who adhere to our rules always receive their payments fairly, even if they do not always leave reviews.
We value your feedback and understand your frustration. We are here to assist and ensure you fully understand the process that led to this decision.
Sincerely,
Quantec Trading Capital
hi i've got rejected my payout and my…
hi i've got rejected my payout and my account disable (my account 88995339) and i didn t recieve an explaination. now if you want to answear me here, it would be really appreciated
5 June 2024
Unprompted review
Reply from Quantec Trading Capital
Thank you for reaching out. We understand your concern regarding the payout rejection and account disablement. All relevant documentation and explanations regarding the rule violations have been sent to your email. Please check your inbox for detailed information.
If you have any further questions or need additional clarification, feel free to reply to the email, and we’ll be happy to assist you.
Best regards,
The Quantec Trading Team
Avoid them
Avoid them, they are scam. Payments denied and accounts terminated. Their customer service is poor, no updates on investment. They really made me loose hope in investment until I found another company called Beyond Standard they are honest and sincere.
1 August 2024
Unprompted review
Reply from Quantec Trading Capital
Thank you for your feedback. We regret to hear about your experience. We have sent detailed information to your email, explaining the specific rules that were not adhered to. Please review the information provided for clarification.
If you have any further questions or need additional assistance, feel free to reach out to us.
Best regards,
The Quantec Trading Team
I am going on a legal battle. ( QTC you are going down)
1) They change the rule with no notification to traders.
2) If you follow all the rules and make profits and apply for withdrawal they already have plans to deny the withdrawal. ( Your trades are copied or Your trading style is too risky blah blah )
I traded 11 days with a fixed lot size of 3 on a consistence basis. My total profit was $3555 and max profit on a single day was $990 and the largest trade was $990 which is all under the rule on Quantec. I also followed the rule of no opening 10 min before and closing of trade 10 min after the news. No breach of daily limit or overall limit, profit consistency or lot size consistency.
On the day of withdrawal 26th July 2024 I applied for withdrawal and on 29th July 2024, I got an email that my withdrawal is denied and my account is immediately closed.
There was no risky trade or activity on the account. They are just manipulating trader.
Please check the below email.
Dear Trader,
We hope this email finds you well. We value your partnership with Quantec Trading Capital, and it is with regret that we bring an important matter to your attention regarding your trading account #88917821.
Following a comprehensive review of your trading strategy and its potential impact on our risk management, we find ourselves unable to continue supporting your current trading approach. The inherent risk associated with your strategy poses challenges to the overall financial stability of our firm.
While we appreciate the diversity of trading strategies among our clients, we must uphold a risk profile that aligns with the long-term sustainability of our business. Unfortunately, your trading strategy falls outside the risk parameters that we can accommodate.
As a result, we have made the difficult decision to close your trading account with us, effective immediately. This decision is not a reflection of your trading abilities but is solely based on the risk assessment and financial considerations of our firm.
In line with our commitment to client satisfaction, we acknowledge the note based on what is described in the Independent Contractor Agreement – Funded Trader, clause 21)b).
Here are the key details related to the account closure:
- Closure Date: 29/07/2024
- Refund: We will refund the transaction fee you paid to get your account.
We understand that this news may come as an unexpected development, and we apologise for any inconvenience it may cause. If you have further concerns or inquiries, please do not hesitate to contact our Customer Support team.
We appreciate your understanding in this matter and we wish you continued success in your future trading endeavours.
Best regards,
Quantec Trading Capital Risk Team
29 July 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Vissh,
We regret that your experience with Quantec Trading Capital has not been satisfactory. We want to assure you that transparency and adherence to our rules are our top priorities.
Each withdrawal request is thoroughly reviewed to ensure that all policies and regulations are respected. If a withdrawal has not been approved, it is due to valid reasons related to our standards and criteria.
We understand that such situations can be frustrating, but we want to emphasize that our goal is to maintain a fair and secure environment for all our clients. If you have further questions or need more details about your case, we invite you to contact our support team at help@quantectrading.com. We are here to assist you with any concerns and to provide the information you need.
We appreciate your understanding and patience.
Sincerely,
Quantec Trading Capital
This is a complete fraud company
30 July 2024
Unprompted review
Reply from Quantec Trading Capital
We regret that you have a negative perception of our company. We want to assure you that at Quantec Trading, we work diligently to provide a fair and transparent trading environment.
Our goal is to work with consistent and dedicated traders. If you have any concerns or need more information about our policies, please feel free to contact our support team.
Thank you for your understanding.
Sincerely,
Quantec Trading Team
I got my withdrawal and it was…
I got my withdrawal and it was processed very fast, not sure whats going on but will continue to trade with them
30 July 2024
Unprompted review
Reply from Quantec Trading Capital
Thank you for your feedback! We’re glad to hear that your withdrawal was processed quickly. If you have any concerns or questions, please feel free to reach out. We look forward to continuing to support your trading journey.
Sincerely,
Quantec Trading Team
I am glad that the name on my dashboard…
I am glad that the name on my dashboard help me get back the funds from scam...
27 July 2024
Unprompted review
Reply from Quantec Trading Capital
Responder diplomaticamente a esta reseña de trustpilot para la empresa de Quantec trading diciendo que no somos una estafa y que buscamos traders consistentes
SCAM!!! CANNOT WITHDRAW
SCAM!!!! STAY AWAY from this PROP! all propfirm company are scam!!
I purchased twice (first failed, second time cannot withdraw)
All op/close are manual placed using mobile!, no trade overnight weekend, trade everyday ( passed 10 minimum days)
Withdrawal Denied 3 times! (3 month)
26 July 2024
Unprompted review
Reply from Quantec Trading Capital
We are sorry to hear about your concerns and understand your frustration. We want to assure you that Quantec Trading is committed to providing a fair and transparent trading environment.
Our goal is to support consistent and dedicated traders. If you have faced issues with withdrawals or account management, please contact our support team directly for assistance.
Thank you for your understanding.
Sincerely,
Quantec Trading Team
Scam company
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 rules etc. Please don't sign up for this scam company. Hekp support probably from india or somewhere.
26 July 2024
Unprompted review
Reply from Quantec Trading Capital
Dear Kyle,
We want to clarify that any payment rejection is based on valid reasons and is in line with our security and compliance policies. We always act transparently and in the best interest of our clients.
If you have any questions or need more details about your specific case, we invite you to contact us directly at help@quantectrading.com.
Sincerely,
The Quantec Trading Capital Team
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