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Updated 2026-03-08
Quant Tekel vs Sway Funded: Which Prop Firm Is Better?
Traders choosing between Quant Tekel and Sway Funded face a decision between a structured two-phase evaluation system versus a single-phase challenge model. Quant Tekel offers comprehensive platform options and established payout processes, while Sway Funded eliminates daily loss limits and minimum trading day requirements entirely. This comparison examines their evaluation structures, trading restrictions, platform offerings, and payout systems to help you determine which firm aligns with your trading strategy and risk management approach.
QT
Quant Tekel
Est. 2023 · Cape Town, South Africa
4.4
12,000 reviews
VS
4 wins
6 ties
3 wins
SF
Sway Funded
Est. 2023 · N/A
4
200 reviews
Feature
Quant Tekel
Sway Funded
Challenge Price ($100K)
$340
N/A
Phase 1 Profit Target
8%
N/A
Phase 2 Profit Target
5%
None (single-phase)✓ Single-phase evaluation
Max Daily Loss
4%
No limit✓ No daily loss limit
Max Total Loss
10%
N/A
Min Trading Days
4 days
None✓ No minimum
Time Limit (Phase 1)
No limit
No limit
Payout Split
80% (up to 90%)
N/A
Quant Tekel
Pros
+Competitively priced QT Prime challenge from $30 for a $5K account
+Multiple evaluation types — 2-step, instant, and aggressive options to suit different traders
+80% profit split from day one, up to 90% as you scale
+Bi-weekly payouts on QT Prime funded accounts
+Multiple platform options including MT5, cTrader, TradeLocker, and FIX API
Cons
−News trading restricted on funded accounts — 5-minute buffer required on QT Prime, banned on QT Power and QT Ultra
−Copy trading and multi-account strategies not allowed
−Consistency rules apply across all account types with varying thresholds
−Restricted countries include Russia, Iran, North Korea, Sudan, Syria, and Cyprus
Sway Funded
Pros
+Rapid expansion with acquisitions of MyFlashFunding, Glow Node, and Karma Prop
+Growing community of over 70,000 traders
+Awarded large trader payout of $165,000
+Focus on trader experiences as core mission
Cons
−Relatively new firm founded in 2024
−Limited detailed information available on trading rules and conditions
−No specific account sizes or pricing information provided
Our Verdict
Which Should You Choose?
Quant Tekel suits traders who want established processes and multiple platform options, particularly those comfortable with structured evaluations and consistent payout schedules. With bi-weekly payouts, support for MT5, cTrader, TradeLocker, and FIX API, plus a strong Trustpilot rating from 12,000 reviews, it offers reliability for systematic traders who can work within daily loss limits and minimum trading requirements.
Sway Funded appeals to flexible traders who prefer minimal restrictions and single-phase evaluations. The absence of daily loss limits, minimum trading days, and the single-phase structure gives maximum freedom to aggressive traders or those with inconsistent schedules. However, the lack of detailed information about platforms, payouts, and challenge pricing makes it difficult to fully assess.
Choose Quant Tekel for established processes and proven track record, or Sway Funded for maximum trading flexibility with minimal evaluation requirements.
Choose Quant Tekel if:
→Competitively priced QT Prime challenge from $30 for a $5K account
→Multiple evaluation types — 2-step, instant, and aggressive options to suit different traders
→80% profit split from day one, up to 90% as you scale
→Bi-weekly payouts on QT Prime funded accounts
Choose Sway Funded if:
→Rapid expansion with acquisitions of MyFlashFunding, Glow Node, and Karma Prop
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.