Quantec Trading Capital Anmeldelser 530

after I understand all the rules that they wrote and i read it multiple times and me after wait for 14 days waiting for my withdrawal to be accepted or rejected and for 14 days they couldn't find any excuse to they not pay me out they wrote for me an email writing withdrawal request has been declined. because of risk management and that was just a lie i didn't violate any risk management rule and my lot size that i was using is 1 and they didn't explain what i did wrong because it was just a lie

STAY AWAY - SCAM!

- Claims I didn't trade 5 days - traded 7 days and they don't pay me.
- Claims I made to much profit in 1 day, remove the money and reset the full account lmaooo
- Remind you I only traded 5 lots all the time on every position and they still find reasons not to pay with rules not in my contract.

STAY AWAY THEY NEVER PAY!

Meu pagamento caiu conforme as regras da empresa, tinha um saldo superior, porem não fiquei atento a todas as regras! A empresa justa foi e me pagou o que tinha feito de maneiro correta, recomendo.

No pongo menos estrellas porque no se puede.
Estafa de empresa.
Realice el retiro y me lo deniega por supuesto copytrading: « Los patrones indican que su estrategia comercial se ha replicado en numerosas cuentas bajo diferentes registros. »
Les pido que me demuestren que es copy trading y me mandan un PDF con mis operaciones y supuesta operaciones de otras cuentas similares (no tienen ni el mismo precio de entrada ni de salida) a las mías.
Me explican cómo pretenden que un trader opere? Es lógica pura si es momento de compras que muchos traders entre en compras al igual si fuera ventas.
Entonces como suponen que debemos operar? Solo demuestran que quieren sacar nuestro dinero y nada más.
No cojan una cuenta con ellos. Solo quieren sacar dinero y no pagar.

Finally Quantec reply my command
And there is ridiculous answer
Here is their reply:
Dear Chi Shan Law,

Thank you for sharing your concerns. In accordance with our policies, the first withdrawal is capped at 2.5% of your account balance, which in your case amounts to a maximum of $2,500. The 35% daily profit limit is calculated based on this amount, meaning the highest profit you can generate in a single day is $875.

On July 31st, your earnings totaled $1,826.75, and on August 1st, $2,370.75.
These amounts were adjusted from your total withdrawal request, as we only consider positive trades for the day when applying the daily profit rule.Of the remaining profit, 60% of the eligible gains were paid out to you.

We hope this explanation clarifies the details regarding the withdrawal rules. We would also kindly ask you to reconsider your review on Trustpilot, potentially updating it to 3 or 4 stars.

We deeply value your trust and look forward to continued collaboration and growth.

You may also check our FAQ under Profit Split where the cap is stated.

————————————————————
Here is copy from website about the rules:

To provide a clear example of how the 35% Day Profit Consistency Rule would work in the context of a $100,000 trading account, let's simulate a scenario where your account achieves different levels of profit over a 30-day trading period, and see how this rule applies upon a payout withdrawal request.

Example Scenario:

Imagine you have a $100,000 trading account, and over a 30-day trading period, you achieve varying daily profits, leading to a total accumulated profit of $15,000 by the end of the period.

Daily Profits Example (simplified for clarity):

Day 1: $500
Day 2: $1,000
Day 3: $3,000 (Note this day as it's a significant profit day)
Day 4: $600
Day 5: $400
... (and so on, with varying amounts leading to a total of $15,000)
Step 1: Calculate the Maximum Allowed Profit Per Day

According to the rule, no single day's profit can exceed 35% of the total profit. Thus, we first calculate 35% of the total profit: Maximum Allowed Single Day Profit=35%×$15,000=$5,250Maximum Allowed Single Day Profit=35%×$15,000=$5,250

Step 2: Evaluate Daily Profits Against the Rule

From the given example, let's focus on Day 3 where you made $3,000:

Although $3,000 is a large single-day gain, it is less than the maximum allowed single-day profit of $5,250.
No Violation Detected:

In this case, Day 3, despite being a high profit day, does not violate the 35% rule since $3,000 is less than $5,250.
Step 3: What If a Violation Occurred?

Suppose instead that on Day 3, you had earned $6,000:

This amount exceeds the maximum allowed of $5,250.
According to the rule, this day would be considered a soft breach upon submission of a payout withdrawal request.
Handling a Soft Breach:

The profit exceeding the 35% threshold will be removed from your total profit calculation for the payout.
The account would remain active, and you would retain access, but the payout amount might be adjusted to comply with the consistency rule.
Conclusion:

This rule is designed to encourage traders to aim for consistent profits rather than relying on a few days of very high gains, which could reflect higher risk trading strategies. By applying such a rule, the trading firm also manages its risk and ensures more stable performance across its managed accounts.
—————————————————————

If base on Quantec explanation

example is wrong ,because if first month is 2.5% profit cap ,the profit should count from 2500 not 15000 in your example ,day 2 and day 3 are breach

Even if later month,if using your explanation,profit cap is 5% only,also count by5000 not 15000 , then day 3 also branch in your example.

So the rule of your website have not said the daily profit limited is count by profit cap,you already lead people misunderstand and cheat because in the example it is impossible count by 15000 because there is a profit cap of 2.5% or 5% of the balance .so just make some excuses to not paying me.

And most funny thing is the reason they deduct my profit is because they said my daily profit limited is 384.3875, but now they respond that my daily profit limited is 875,so which one is correct.if 875 is correct , so i should have1531.95 remain and 60% of it is 919.7
But I only get 329.

And they said my 31/7 and 1/8 daily profit is $1,826.75 and 2,370.75.which is wrong
Here is my daily result that I already cap screen and record

30/7 561
31/7 1591.7
1/8 1635.7
2/8 427.95
5/8 390
6/8 -57
7/8 40
8/8 -65
9/8 83
12/8 152

You see even they lie all

I will not remove the command of Trustpilot unless you give my money back.

Every can see my review and they will have good judgement what you guys did.

I am just follow what the rules said in website. So Quantec my payout is just little so don’t make excuses to not pay me the payout
Be fair

So after all these days i can have a good feedback.
After more than 20% in 7 months, 6 payouts, alls denied for consistency, risk management etc, they finally ban me on this last payout, due to risk ahahahh.
To see if this company really scam, i make exact same amount of profit for 11 days (0.25%) so all days got same profit.
They denied also this one, because i am a risk for this firm (of course, profitable trader are risk what a joke ahah).
I have all proofs, all trades and all conversations. AVOID Quantec if you don't want to waste time+money.

Here is the last mail, due to payout request :) :

Dear Trader,

We hope this email finds you well. We value your partnership with Quantec Trading Capital, and it is with regret that we bring an important matter to your attention regarding your trading account #88909826.

Following a comprehensive review of your trading strategy and its potential impact on our risk management, we find ourselves unable to continue supporting your current trading approach. The inherent risk associated with your strategy poses challenges to the overall financial stability of our firm.

While we appreciate the diversity of trading strategies among our clients, we must uphold a risk profile that aligns with the long-term sustainability of our business. Unfortunately, your trading strategy falls outside the risk parameters that we can accommodate.

As a result, we have made the difficult decision to close your trading account with us, effective immediately. This decision is not a reflection of your trading abilities but is solely based on the risk assessment and financial considerations of our firm.

In line with our commitment to client satisfaction, we acknowledge the note based on what is described in the Independent Contractor Agreement – Funded Trader, clause 21)b).

Here are the key details related to the account closure:
- Closure Date: 10/10/2024.

We understand that this news may come as an unexpected development, and we apologise for any inconvenience it may cause. If you have further concerns or inquiries, please do not hesitate to contact our Customer Support team.

We appreciate your understanding in this matter and we wish you continued success in your future trading endeavours.

Best regards,

Quantec Trading Capital Risk Team

Passed the accounts and went for pay-out on live funded accounts got rejected both times with saying copy trading but i traded my own trades so that's impossible then told me on 2nd time consistency breach, complete rubbish on both occasions they just don't pay

Recibí mi pago en 5 días más o menos, incumplí una regla en un proFit lo eliminaron y pagaron el restante, gracias.

Siguen diciendo que están revisando,no se qué tienen que revisar,si me cerraron en perdida a la misma hora del mail,tengo la cuenta,en +4k,para cobrarla ya,a la espera que me devuelvan,mi profit robado
No me contestan y no me resuelven ese fallo enorme que tuvieron,exijo una solución inmediata a este problema
Un saludo

*******AVOID AVOID AVOID*******
This company is running a SCAM operation and will avoid paying you at all costs. Once you request a withdrawal, they will make bogus claims from paying you. This company should be shut down immediately Do not, I repeat, Do not do business with this company. You will be better off throwing your money in the wind.

Pago recibido en 6 dias. Si cumples las reglas la empresa paga.

Please don't not purchase any of their account, I just got scammed by them right now , they decline my payout after waiting for 2 months with no excuse,this company will make you work for 30 days and gives you nothing but some ungeniue excuses. I never break their consistency rules, I only use one lot size which is 0.5 throughout my trade but as expected they decline the payout

what hell is this. this company is just scam, they purpose is to collect money from you and bring some nonsense reason to try again.
Let me ask you... if a firm is a scam . what do you expect from them ????
Don think they have a favor of you

Happy with Quantec, they paid me about 0.7k which i'm happy. Planning to buy a bigger account.

Thank you Quantec for creating opportunity for us USA residents by adding dx trade platforme. Bought a new account and let see how it will go.

I have been using Quantec since mars 2024 and i'm very happy with them altho i only got 1 payout because i am not a good trader. Fortunately waiting for the days to be complete and tu request the 2nd payout. Let see if everything goes good so i don't have to update my review.

I personally got a payout 3 months ago but recently wasn'abble to request a payout because my account is on drawdown. They have good rules, try them out,it is worth it because their prices are not expensive.

Quantec's website is very easy to nevigate. Cheap prices for challenges. Big capital up to 600k and accounts that start from 5k to 200k makes this propfirm on of the best in the industry.

Quantec has good rules, had a chat with their support and they seem serious. Let see how they will react when it comes to payout. I will let you guys know how it goes.

Please don't make the mistake of investing in this company. There's nothing to achieve with them because they're only after your funds. I'm speaking this from experience because I learnt my lesson the hard way. After a while, I moved on with Paiva -they're consistent in the service they offer to their customers.