Apex Trader Funding vs Quant Tekel: Which Prop Firm Is Better?
Traders choosing between Apex Trader Funding and Quant Tekel face a decision between an established firm with proven track record versus a newer player offering more flexible trading conditions. The most significant difference lies in trading restrictions—Quant Tekel allows EA trading and news trading while imposing no minimum trading days or time limits, whereas Apex Trader Funding maintains more traditional evaluation constraints. This comparison examines their key differences in rules, payouts, and trading flexibility to help you determine which firm better suits your trading strategy.
AT
Apex Trader Funding
Est. 2021 · Austin, USA
4.4
18,000 reviews
VS
0 wins
7 ties
4 wins
QT
Quant Tekel
Est. 2023 · N/A
4.4
12,000 reviews
Feature
Apex Trader Funding
Quant Tekel
Phase 1 Profit Target
6%
N/A
Max Total Loss
4%
N/A
Min Trading Days
1 days
None✓ No minimum
Time Limit (Phase 1)
30 days
No limit✓ No time limit
Payout Split
100%
N/A
Payout Frequency
every 5 trading days
N/A
Platforms
NinjaTrader, Rithmic, Tradovate, Wealthcharts
MT5, cTrader, TradeLocker, FIX API
News Trading
N/A
Allowed✓ Fewer restrictions
Apex Trader Funding
Pros
+One day minimum to pass evaluation with simple rules
+100% profit split - no revenue sharing with the firm
+Fast payouts every 5 trading days with no payout denials
+One-time fees with no recurring billing or subscription costs
+Up to 20 accounts allowed per trader with built-in scaling
Cons
−Futures trading only - no forex or stock options available
−50% consistency rule limits profit concentration from best trading days
−No reset options available on evaluation accounts
−Maximum 6 payout requests allowed per account
−Account expires after 30 days of inactivity
Quant Tekel
Pros
+Raw spreads from 0.0 pips with institutional-grade execution
+No trading restrictions - scalping, EAs, news trading all allowed
+Sub-50ms order execution with STP access to 10+ liquidity providers
+Multiple platform options including MT5, cTrader, TradeLocker and FIX API
+24/7 crypto trading available with competitive spreads
Cons
−Relatively new firm established in 2023 with limited track record
−Higher minimum deposits compared to some competitors ($200 minimum)
−Limited information available about prop trading challenge structure
−No clear information about payout policies or profit sharing
Our Verdict
Which Should You Choose?
Quant Tekel emerges as the clear winner for algorithmic traders, news traders, and anyone seeking maximum flexibility in their evaluation process. With no minimum trading days, unlimited time for Phase 1, and explicit permission for EA/bot trading and news trading, Quant Tekel removes the common friction points that trip up traders at traditional prop firms. Despite being founded only in 2023, their 4.4/5 Trustpilot rating from 12,000 reviews demonstrates they've quickly built trader confidence.
Apex Trader Funding, while more established since 2021 with 18,000 reviews at the same 4.4/5 rating, offers no meaningful advantages over Quant Tekel in this comparison. The 30-day time limit and 1-day minimum trading requirement add unnecessary pressure without corresponding benefits. For most traders, Quant Tekel's more permissive rule set makes it the superior choice unless you specifically prefer the longer track record of Apex Trader Funding.
Choose Apex Trader Funding if:
→One day minimum to pass evaluation with simple rules
→100% profit split - no revenue sharing with the firm
→Fast payouts every 5 trading days with no payout denials
→One-time fees with no recurring billing or subscription costs
Choose Quant Tekel if:
→Raw spreads from 0.0 pips with institutional-grade execution
→No trading restrictions - scalping, EAs, news trading all allowed
→Sub-50ms order execution with STP access to 10+ liquidity providers
→Multiple platform options including MT5, cTrader, TradeLocker and FIX API
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.