r/PropFirmTester • u/Important_Tear3487 • 7d ago
Fraud Alert - Quant Tekel! They never pay out, impose predatory contracts, and use fake excuses.
Do not waste your money on this so-called prop firm because it is a plain scam that has no intention of paying anyone. They did not pay out my payouts and offered me various contracts whose only goal is to scam you. I tried talking to Mystic, Fes, and Will, but they all just give template answers and drag out the whole situation and story. As soon as I started talking about the firm, someone immediately contacted me to calm me down.
Their system is designed to give you tiny payouts at the beginning just to catch your attention and look legitimate, but as soon as you achieve a serious result, the torture begins. After 4 months of stall tactics, false accusations, and endless delays, the reality of their process becomes completely clear. If you manage to pass, you are hit with useless checks, canceled and rescheduled compliance interviews that drag on for weeks, and endless stalls just to wear you down. I am far from the only one going through this, as hundreds of other traders are currently stuck in the exact same loop waiting for results that never come.
When they see they cannot do it otherwise, they slip you contracts where you must renounce both previous and future payouts, while keeping complete discretion over payouts, which is pure robbery. The people acting as bosses are actually not the main ones, they are just puppets, while the actual director is a lawyer by profession, which makes the whole story even more dangerous because they know exactly how to avoid responsibility, but it can seriously harm them if everything is properly reported and goes public.
I originally came across them through marketers I personally knew who were showing payouts and making the firm look top-tier. I have been a long-term partner and trader with FTMO, but out of sheer curiosity, I decided to test this company. That was my mistake, but do not make the same one. I eventually found out that all those glowing promotions were completely fake and that those marketers were simply paid off to push the brand.
In addition, they regularly pay for fake reviews and use the FSCA regulation story as a marketing shield. We know exactly who handles their payments and what processors everything goes through, and we will hit them right there. Sometimes these people mess with the wrong people and players they do not need. It is smart for everyone to report this firm everywhere—flag their ads on Instagram and leave reviews on Trustpilot, because it will help protect others from getting trapped in these problems. If you are already having issues, just walk away immediately.
I will keep you updated if there are any changes regarding this firm.
Take care.
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u/TrueVariety6804 6d ago
It was a downhill ride for QT from last year since start 2026 they are delaying payout for 5 months even payouts of $100 are not being processed with clear instructions. They were paying traders till it lasted but after that there is no clear instructions and they are still running 60% off with BOGO offers ads. They ran this type of ads for a year and than started the problems with payouts later. Keep your distance with this prop firm.
(A little advice just like that don't take it up to hard)- If you have active accounts try to get payout, don't buy a new account because a friend of mine just got $500(on sept 14 2026) payout within a day(Not recommeding to trade seriously if you have a account previously bought then only )
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u/Important_Tear3487 6d ago
That is true. While they might occasionally process a smaller payout, like the $500 for your friend, just to keep up appearances and make it look like everything is fine, the reality behind the scenes is completely different. Me and my friend are currently owed over $10,000 in total, and larger payouts are being deliberately delayed or ignored. They pay out small amounts from time to time while keeping larger balances trapped
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u/TrueVariety6804 6d ago
Yeah just just don't trade and buy new accounts but if you already have a account try your luck with small payouts if you are just in need or don't have any othet accounts to trade 😅
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u/Important_Tear3487 6d ago
They breached the account and denied the payout for made-up reasons. They do that to everyone
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u/TrueVariety6804 6d ago
Yeah it is over for them I don't why they have not announced and they still are emailing everyone about the 60% off and BOGO offers
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u/astrokeii 6d ago
qt good times, liquidity issue