Which has better payout terms - Topstep or Quant Tekel?

Topstep offers daily payouts starting at 50% profit split (scaling to 90%), while Quant Tekel's payout frequency and split terms are not specified. For traders prioritizing fast access to profits, Topstep's daily payout schedule provides a clear advantage.

Can I use trading bots with Topstep and Quant Tekel?

Quant Tekel allows EA and algorithmic trading across their platforms, while Topstep's policy on automated trading is not specified. Quant Tekel clearly caters to algorithmic traders with explicit EA support and multiple platform options including FIX API.

Are Topstep and Quant Tekel legitimate prop firms?

Both firms maintain identical 4.4/5 Trustpilot ratings, with Topstep having 14,000 reviews versus Quant Tekel's 12,000 reviews. Topstep's 12-year operating history since 2012 provides more established credibility, while Quant Tekel's recent 2023 founding makes it newer but still well-reviewed.

Which firm is better for news trading strategies?

Quant Tekel explicitly allows news trading, while Topstep's news trading policy is unclear. For traders who rely on economic announcements and high-impact news events, Quant Tekel provides the regulatory clarity needed to trade these volatile periods without rule violations.

Updated 2026-03-08

Topstep vs Quant Tekel: Which Prop Firm Is Better?

Traders choosing between Topstep and Quant Tekel face a decision between established futures trading versus modern forex flexibility. Topstep, the 2012 Chicago-based veteran, offers daily payouts but restricts trading freedom, while 2023 newcomer Quant Tekel removes minimum trading days and allows EAs and news trading across multiple platforms. This comparison examines their key differences in trading rules, platform options, and payout structures to help you determine which firm matches your trading style.

Topstep

Est. 2012 · Chicago, USA

4.4

14,000 reviews

1 wins

3 ties

4 wins

Quant Tekel

Est. 2023 · N/A

4.4

12,000 reviews

Feature

Topstep

Quant Tekel

Min Trading Days

5 days

None✓ No minimum

Time Limit (Phase 1)

No limit

Payout Split

50% (up to 90%)

N/A

Payout Frequency

daily✓ Faster payouts

N/A

Platforms

N/A

MT5, cTrader, TradeLocker, FIX API✓ More platform options

News Trading

N/A

Allowed✓ Fewer restrictions

EA / Bots

N/A

Allowed✓ EA trading allowed

Max Account (Scaling)

N/A

Topstep

Pros

+Performance-based capital release structure with 20% initial access scaling to full balance

+Daily payout eligibility after 30 benchmark trading days with up to 90% profit split

+Performance bonus program offering over $250,000 in cash bonuses for consistent traders

+Dynamic risk expansion that adjusts daily loss limits as account balance grows

+Live Funded Account structure designed to help transition from simulated to live trading

Cons

−Must maintain account balance above $0 at all times or forfeit account

−Initial payout split limited to 50% until reaching 30 benchmark trading days

−Account automatically closed if inactive for 90 days

−All positions must be closed by 3:10 PM CT daily

−Protective stops required on every open position

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 suits algorithmic traders, scalpers, and news traders who value flexibility over established reputation. With no minimum trading days, EA support, news trading allowed, and four platform options (MT5, cTrader, TradeLocker, FIX API), it removes the restrictions that limit many prop firm traders. Despite being founded just in 2023, its 4.4/5 Trustpilot rating from 12,000 reviews suggests solid execution.

Topstep better serves traditional discretionary traders who prioritize fast, reliable payouts and don't mind trading restrictions. Its daily payout frequency significantly outpaces most competitors, and 12 years of operation since 2012 provides stability that newer firms can't match. The 5-day minimum trading requirement and lack of EA support make it unsuitable for algorithmic strategies.

For most active traders, Quant Tekel offers superior conditions despite its shorter track record. The combination of no minimum trading days, algorithmic trading support, and multiple platform options outweighs Topstep's payout speed advantage, unless you specifically need daily withdrawals.

Choose Topstep if:

→Performance-based capital release structure with 20% initial access scaling to full balance

→Daily payout eligibility after 30 benchmark trading days with up to 90% profit split

→Performance bonus program offering over $250,000 in cash bonuses for consistent traders

→Dynamic risk expansion that adjusts daily loss limits as account balance grows

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

Frequently Asked Questions

Topstep vs Quant Tekel FAQ

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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.