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Quant Tekel (Ascendx) Quant Tekel (Ascendx)
NextGen Funding NextGen Funding
Quant Tekel (Ascendx) 7.7 Get Started
NextGen Funding 6.5 Get Started
Overview
Asset Type CFD CFD
Country South Africa Saint Lucia
Established Oct 2023 Jul 2024
Technology White-Label White-Label
Platforms cTrader, MT5, TradeLocker MT5
Trading Rules
Profit Split 80% (up to 90%) Up to 90% Best
Daily Drawdown 3-4% daily, 6-10% max (varies by program) 5% (Standard/Rapid), 3% (Ace), all balance-based
Payout Frequency Bi-weekly (Prime) / On-demand (Instant, Power)
- 		Weekly
Once per week, starting 14 days after first trade. Minimum profit $100. Processed within 24 hours after approval.
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
  • 90% Profit Split
  • Backed by Errante (multi-regulated broker), balance-based drawdown, 24-hour payout processing, up to 90% profit split, unlimited trading days, EAs and weekend holding allowed, raw spreads with $3 commission on FX/metals, up to $200K starting account, $1M scaling cap
Main Drawbacks
  • Reports of sometimes slow support
  • Single platform (MetaTrader 5 only), 50% profit distribution rule on funded accounts (max 50% of profit from a single day), KYC required after passing challenge, country restrictions include USA + India + many others
Offers & Promo Codes
Active Offers
50% off all Quant Tekel accounts NEXT50
No offers

Challenge Details

Quant Tekel (Ascendx) Challenges

11 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$26 $26
QT Power 		$5K 2 Steps P1: $350 (7%)
P2: $250 (5%)
 P1: $150 (3%)
P2: $150 (3%)
P1: $300 (6%)
P2: $300 (6%)
 80% None
$52 $52
QT Power 		$10K 2 Steps P1: $700 (7%)
P2: $500 (5%)
 P1: $300 (3%)
P2: $300 (3%)
P1: $600 (6%)
P2: $600 (6%)
 80% None
$60 $60
QT Prime 2-Step 		$5K 2 Steps P1: $350 (7%)
P2: $250 (5%)
 P1: $200 (4% Static)
P2: $200 (4% Static)
P1: $500 (10% Static)
P2: $500 (10% Static)
 80% None
$105 $105
QT Power 		$25K 2 Steps P1: $1,750 (7%)
P2: $1,250 (5%)
 P1: $750 (3%)
P2: $750 (3%)
P1: $1,500 (6%)
P2: $1,500 (6%)
 80% None
$110 $110
QT Prime 2-Step 		$10K 2 Steps P1: $700 (7%)
P2: $500 (5%)
 P1: $400 (4% Static)
P2: $400 (4% Static)
P1: $1,000 (10% Static)
P2: $1,000 (10% Static)
 80% None
$210 $210
QT Power 		$50K 2 Steps P1: $3,500 (7%)
P2: $2,500 (5%)
 P1: $1,500 (3%)
P2: $1,500 (3%)
P1: $3,000 (6%)
P2: $3,000 (6%)
 80% None
$230 $230
QT Prime 2-Step 		$25K 2 Steps P1: $1,750 (7%)
P2: $1,250 (5%)
 P1: $1,000 (4% Static)
P2: $1,000 (4% Static)
P1: $2,500 (10% Static)
P2: $2,500 (10% Static)
 80% None
$360 $360
QT Prime 2-Step 		$50K 2 Steps P1: $3,500 (7%)
P2: $2,500 (5%)
 P1: $2,000 (4% Static)
P2: $2,000 (4% Static)
P1: $5,000 (10% Static)
P2: $5,000 (10% Static)
 80% None
$400 $400
QT Power 		$100K 2 Steps P1: $7,000 (7%)
P2: $5,000 (5%)
 P1: $3,000 (3%)
P2: $3,000 (3%)
P1: $6,000 (6%)
P2: $6,000 (6%)
 80% None
$680 $680
QT Prime 2-Step 		$100K 2 Steps P1: $7,000 (7%)
P2: $5,000 (5%)
 P1: $4,000 (4% Static)
P2: $4,000 (4% Static)
P1: $10,000 (10% Static)
P2: $10,000 (10% Static)
 80% None
$1300 $1300
QT Prime 2-Step 		$200K 2 Steps P1: $14,000 (7%)
P2: $10,000 (5%)
 P1: $8,000 (4% Static)
P2: $8,000 (4% Static)
P1: $20,000 (10% Static)
P2: $20,000 (10% Static)
 80% None

NextGen Funding Challenges

18 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$59 $41
Refundable fee (reimbursed with first payout after Funded) 		$5K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 10% balance-based
P2: 10% balance-based
 Up to 90% None
$59 $41
Refundable fee (reimbursed with first payout after Funded) 		$5K 2 Steps P1: 8%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 8% balance-based
P2: 8% balance-based
 Up to 90% None
$65 $46
Refundable fee (reimbursed with first payout after Funded) 		$5K 1 Step P1: 10%
 P1: 3%
Maximum Daily Drawdown
P1: 6% balance-based
 Up to 90% None
$129 $90
Refundable fee (reimbursed with first payout after Funded) 		$10K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 10% balance-based
P2: 10% balance-based
 Up to 90% None
$129 $90
Refundable fee (reimbursed with first payout after Funded) 		$10K 2 Steps P1: 8%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 8% balance-based
P2: 8% balance-based
 Up to 90% None
$139 $100
Refundable fee (reimbursed with first payout after Funded) 		$10K 1 Step P1: 10%
 P1: 3%
Maximum Daily Drawdown
P1: 6% balance-based
 Up to 90% None
$199 $179
Refundable fee (reimbursed with first payout after Funded) 		$25K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 10% balance-based
P2: 10% balance-based
 Up to 90% None
$199 $179
Refundable fee (reimbursed with first payout after Funded) 		$25K 2 Steps P1: 8%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 8% balance-based
P2: 8% balance-based
 Up to 90% None
$224 $204
Refundable fee (reimbursed with first payout after Funded) 		$25K 1 Step P1: 10%
 P1: 3%
Maximum Daily Drawdown
P1: 6% balance-based
 Up to 90% None
$369 $329
Refundable fee (reimbursed with first payout after Funded) 		$50K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 10% balance-based
P2: 10% balance-based
 Up to 90% None
$369 $329
Refundable fee (reimbursed with first payout after Funded) 		$50K 2 Steps P1: 8%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 8% balance-based
P2: 8% balance-based
 Up to 90% None
$419 $379
Refundable fee (reimbursed with first payout after Funded) 		$50K 1 Step P1: 10%
 P1: 3%
Maximum Daily Drawdown
P1: 6% balance-based
 Up to 90% None
$589 $529
Refundable fee (reimbursed with first payout after Funded) 		$100K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 10% balance-based
P2: 10% balance-based
 Up to 90% None
$589 $529
Refundable fee (reimbursed with first payout after Funded) 		$100K 2 Steps P1: 8%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 8% balance-based
P2: 8% balance-based
 Up to 90% None
$689 $629
Refundable fee (reimbursed with first payout after Funded) 		$100K 1 Step P1: 10%
 P1: 3%
Maximum Daily Drawdown
P1: 6% balance-based
 Up to 90% None
$1189 $1069
Refundable fee (reimbursed with first payout after Funded) 		$200K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 10% balance-based
P2: 10% balance-based
 Up to 90% None
$1189 $1069
Refundable fee (reimbursed with first payout after Funded) 		$200K 2 Steps P1: 8%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 8% balance-based
P2: 8% balance-based
 Up to 90% None
$1389 $1269
Refundable fee (reimbursed with first payout after Funded) 		$200K 1 Step P1: 10%
 P1: 3%
Maximum Daily Drawdown
P1: 6% balance-based
 Up to 90% None
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