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Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

iFunds.io iFunds.io
Quant Tekel (Ascendx) Quant Tekel (Ascendx)
Overview
Asset Type CFD CFD
Country Saint Lucia South Africa
Established Jan 2024 Oct 2023
Technology White-Label White-Label
Platforms MT5 MT5, TradeLocker
Trading Rules
Profit Split 50% to 80% (trader-selectable based on Max Drawdown choice) 80% (up to 90%) Best
Daily Drawdown No Daily Drawdown 3-4% daily, 6-10% max (varies by program)
Payout Frequency On demand (24-hour processing, $50 min withdrawal) 14 Days (2 Step / 2 Step Elite), Bi-weekly (Pay When Funded 1 Step), On-Demand (Power)
Varies by challenge type: 14-day cycle on QT 2 Step and QT 2 Step Elite, bi-weekly on Pay When Funded QT 1 Step, on-demand on QT Power.
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • No challenge required (instant funding). No Daily Drawdown limit. No time limits. No consistency rules. No minimum trading days. Multiple IP addresses allowed. AutoTrading/EAs/copy-trading permitted. Trader-selectable Profit Split (50%-80%) and Max Drawdown (6%-10%). On-demand 24-hour payouts from $50+ (or 10% compensation up to $1,000). Static/initial-balance drawdown calculation. Scaling from $2.5K up to $500K in 4 steps without wiping excess profits.
  • 90% Profit Split
Main Drawbacks
  • Demo/simulated trading only (Terms section 3.1.3-3.1.4). Default 50% profit split is low vs industry average (higher splits only available with tighter 6% max drawdown). Restricted jurisdictions include United States, Russia, Iran, Israel, Syria, Afghanistan and others (Terms 2.3). Some TrustPilot reviewers report wide spreads particularly on Gold.
  • Reports of sometimes slow support
Offers & Promo Codes
Active Offers No offers
50% off all Quant Tekel accounts NEXT50

Challenge Details

iFunds.io Challenges

3 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$250 $2.5K Instant P1: -
P1: No Daily Drawdown
P1: $250 (10% Max Drawdown, Static/Initial Balance)
50% None
$400 $5K Instant P1: -
P1: No Daily Drawdown
P1: $500 (10% Max Drawdown, Static/Initial Balance)
50% None
$700 $10K Instant P1: -
P1: No Daily Drawdown
P1: $1,000 (10% Max Drawdown, Static/Initial Balance)
50% None

Quant Tekel (Ascendx) Challenges

26 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$130 $10 $5K 1 Step P1: $300 (6%)
P1: $150 (3%)
P1: $300 (6%)
80% None
$33 $13 $5K 2 Steps P1: $350 (7%)
P2: $250 (5%)
P1: $200 (4%)
P2: $200 (4%)
P1: $500 (10%)
P2: $500 (10%)
80% None
$240 $15 $10K 1 Step P1: $600 (6%)
P1: $300 (3%)
P1: $600 (6%)
80% None
$49 $20 $10K 2 Steps P1: $700 (7%)
P2: $500 (5%)
P1: $400 (4%)
P2: $400 (4%)
P1: $1,000 (10%)
P2: $1,000 (10%)
80% None
$50 $20 $10K 2 Steps P1: $600 (6%)
P2: $600 (6%)
P1: $400 (4%)
P2: $400 (4%)
P1: $800 (8%)
P2: $800 (8%)
80% None
$60 $24 $5K 2 Steps P1: $350 (7%)
P2: $250 (5%)
P1: $200 (4%)
P2: $200 (4%)
P1: $500 (10%)
P2: $500 (10%)
80% None
$400 $25 $25K 1 Step P1: $1,500 (6%)
P1: $750 (3%)
P1: $1,500 (6%)
80% None
$720 $25 $50K 1 Step P1: $3,000 (6%)
P1: $1,500 (3%)
P1: $3,000 (6%)
80% None
$1000 $25 $100K 1 Step P1: $6,000 (6%)
P1: $3,000 (3%)
P1: $6,000 (6%)
80% None
$65 $26 $5K Instant P1: -
P1: $150 (3%)
P1: $300 (6%)
80% None
$106 $42 $10K Instant P1: -
P1: $300 (3%)
P1: $600 (6%)
80% None
$110 $44 $25K 2 Steps P1: $1,500 (6%)
P2: $1,500 (6%)
P1: $1,000 (4%)
P2: $1,000 (4%)
P1: $2,000 (8%)
P2: $2,000 (8%)
80% None
$114 $46 $25K 2 Steps P1: $1,750 (7%)
P2: $1,250 (5%)
P1: $1,000 (4%)
P2: $1,000 (4%)
P1: $2,500 (10%)
P2: $2,500 (10%)
80% None
$122 $49 $10K 2 Steps P1: $700 (7%)
P2: $500 (5%)
P1: $400 (4%)
P2: $400 (4%)
P1: $1,000 (10%)
P2: $1,000 (10%)
80% None
$195 $78 $25K Instant P1: -
P1: $750 (3%)
P1: $1,500 (6%)
80% None
$200 $80 $50K 2 Steps P1: $3,000 (6%)
P2: $3,000 (6%)
P1: $2,000 (4%)
P2: $2,000 (4%)
P1: $4,000 (8%)
P2: $4,000 (8%)
80% None
$228 $91 $50K 2 Steps P1: $3,500 (7%)
P2: $2,500 (5%)
P1: $2,000 (4%)
P2: $2,000 (4%)
P1: $5,000 (10%)
P2: $5,000 (10%)
80% None
$284 $114 $25K 2 Steps P1: $1,750 (7%)
P2: $1,250 (5%)
P1: $1,000 (4%)
P2: $1,000 (4%)
P1: $2,500 (10%)
P2: $2,500 (10%)
80% None
$325 $130 $50K Instant P1: -
P1: $1,500 (3%)
P1: $3,000 (6%)
80% None
$400 $160 $100K 2 Steps P1: $6,000 (6%)
P2: $6,000 (6%)
P1: $4,000 (4%)
P2: $4,000 (4%)
P1: $8,000 (8%)
P2: $8,000 (8%)
80% None
$447 $179 $100K 2 Steps P1: $7,000 (7%)
P2: $5,000 (5%)
P1: $4,000 (4%)
P2: $4,000 (4%)
P1: $10,000 (10%)
P2: $10,000 (10%)
80% None
$455 $182 $50K 2 Steps P1: $3,500 (7%)
P2: $2,500 (5%)
P1: $2,000 (4%)
P2: $2,000 (4%)
P1: $5,000 (10%)
P2: $5,000 (10%)
80% None
$650 $260 $100K Instant P1: -
P1: $3,000 (3%)
P1: $6,000 (6%)
80% None
$813 $325 $100K 2 Steps P1: $7,000 (7%)
P2: $5,000 (5%)
P1: $4,000 (4%)
P2: $4,000 (4%)
P1: $10,000 (10%)
P2: $10,000 (10%)
80% None
$813 $325 $200K 2 Steps P1: $14,000 (7%)
P2: $10,000 (5%)
P1: $8,000 (4%)
P2: $8,000 (4%)
P1: $20,000 (10%)
P2: $20,000 (10%)
80% None
$1544 $618 $200K 2 Steps P1: $14,000 (7%)
P2: $10,000 (5%)
P1: $8,000 (4%)
P2: $8,000 (4%)
P1: $20,000 (10%)
P2: $20,000 (10%)
80% None