Quant Funded is a project looking for talented and experienced traders. We have developed a comprehensive 2-step Evaluation course to evaluate the qualifications of traders interested in working with our company. This evaluation course is specifically designed to determine the trading talent and potential of each trader.
At Quant Funded, we specialize in trader funding and offer opportunities for various trading styles, including day traders, scalpers, swing traders, and even new traders. Our goal is to discover, support and recognize remarkable talent in the trading industry.
Traders who successfully complete our rigorous evaluation process are offered a place in the Quant Funded Proprietary Trading firm. Under our program, traders have the opportunity to manage our company's capital remotely, with up to $400,000 USD.
Your account has continuous growth potential, and as a Quant Funded trader you can keep up to 90% of the profits you make. Our company covers all losses so you can trade with confidence.
We want to build a mutually beneficial partnership with our traders and provide them with the necessary resources and support to succeed in the competitive trading industry. Quant Funded wants to help you unleash your trading potential and achieve your financial goals.
We accept traders from all around the world. There is no special qualification required. All clients must be at least 18 years old. If you know how to trade profitably and with proper risk management, that is all we care about.
Please note that Quant Funded does not provide services to persons in/from Iran, Syria, and North Korea, persons listed on sanction lists, persons with criminal records related to financial crime or terrorism, and to persons previously banned because of breach of contract.
Quant Funded offers an exceptional trading experience with IC Markets Raw Spreads starting from 0.0 pips. Our commitment to transparency means there are no trade interventions, making us a leader in providing the best trading conditions in the industry.
Our program includes trading accounts with leverage up to 1:100, giving you the flexibility and peace of mind to trade multiple positions comfortably. We have carefully set achievable profit targets and fair risk rules, creating an environment where you can succeed with ease. With a minimum trading time of only 5 days, you can go through Stage 1 and 2 in as little as 10 trading days.
If you manage to not violate our loss limits and maintain a positive account balance, we also offer you the option of a free retry. At Quant Funded there is no limit to the number of free retries, so you can trade with confidence and a peace of mind.
Also, at Quant Funded we offer attractive profit splits to maximize your profit. By default, our profit splits start at 80/20, so you can keep a large portion of your profits. However, with our scaling plan you have the option to increase the profit split to an impressive 90/10.
Quant Funded is a proprietary trading firm that offers solutions to common problems faced by traders. These problems include having a small trading account, fear of losing money, psychological pressures, lack of discipline, growth limitations, and insufficient support. At Quant Funded, traders have the opportunity to manage an account with a starting balance of up to $400,000*.
When traders generate profits, the firm keeps a percentage (10% to 20%) as the Profit Split, while the trader receives up to 90% of the profits. It is important to note that trading carries risks, and there may be periods where no profits are earned.
Another advantage of trading with Quant Funded is that traders are not held responsible for any losses incurred. In the event of losses, the proprietary trading firm covers them. Quant Funded recognizes that being a successful trader involves more than just having capital. Therefore, we provide additional support, trading apps, and resources to enhance your trading experience.
*It's important to note that the information provided is subject to change. Please visit our website or contact us for the most up-to-date details.
No, we are not a broker. We solely function as a Proprietary Trading Firm.
Quant Funded focuses on traders who do not have the necessary capital to trade. We have developed a 2-step evaluation process to find talented forex traders who are ready to manage our company's trading capital.
Trading our company's capital has the potential to significantly improve your current performance. After successfully completing the Quant Funded evaluation process, you will never have to risk your own capital as we cover all losses. This change can bring about a positive psychological shift and help you achieve consistent trading results.
To become a Quant Funded Trader, you must successfully complete our two-step Evaluation Process.
Step 1: Evaluation Stage 1
During this stage, you will be provided with an Evaluation demo account where you need to adhere to our trading rules. You will have access to our exclusive Quant Funded account solution with IC Markets raw spreads, offering superior account conditions. If you meet all the requirements, you will proceed to the final step of the evaluation.
Step 2: Evaluation Stage 2
In this stage, you will use an Evaluation demo account to validate your performance and consistency one last time. The rules in Stage 2 Evaluation are considerably easier. For a detailed explanation of the rules, please refer to the Trading Objectives site.
Once you successfully pass the Stage 2 Evaluation, you will be eligible to become a Quant Funded Trader after we review your trading activities. To finalize the contract for your Quant Funded Account, we will require you to submit an identification document (such as a passport, national ID card, or driving license) and complete the identification process. The conclusion of the contract depends on the completion of identification procedures in line with Quant Funded's internal policies. Please note that Quant Funded does not offer services to individuals on sanction lists, individuals with a history of financial crime or terrorism, individuals under the age of 18, company trusts, or individuals previously banned due to a breach of a Quant Funded Account Agreement. If any of these reasons are discovered after the conclusion of a Quant Funded Account Agreement, Quant Funded reserves the right to terminate the contract.
It is important to note that we do not grant a Quant Funded Account solely based on past track records.
In order to successfully complete the Stage 1 Quant Funded Evaluation, a minimum of five trading days is required, without the need for consecutive trading. Likewise, the Stage 2 Quant Funded Evaluation also requires a minimum of five trading days, which do not need to be consecutive. It is not necessary to wait for the entire duration of the Evaluation Process. Overall, it is possible to begin managing your Quant Funded Account within a remarkably short period of ten trading days.
Upon successful completion of all the Trading Objectives in the Stage 1 Quant Funded Evaluation, you will receive a notification in your Account Dashboard indicating your achievement. Once your Trading Objectives have been marked as passed, there is no further requirement to engage in trading activities for the account. Our system will automatically notify us of your successful completion of the Stage 1 Quant Funded Evaluation, allowing us to proceed with evaluating your trading results accordingly. Subsequently, within an estimated duration of 1-2 business days, we will provide you with the new account login credentials for the Stage 2 Evaluation.
Even if your account reaches the profit target, it will not be eligible to proceed to the next phase if it violates any trading objectives at any point.
In the event that any of the Trading Objectives are breached, the associated account will be automatically invalidated and will no longer be eligible to continue in the Evaluation Course. Should the breach occur on your Quant Funded Account, the corresponding Quant Funded Account Agreement will be terminated. However, if you wish to pursue a career as our Quant Funded Trader, you have the option to start afresh and request a brand new Quant Funded Evaluation. It is important to note that if you violate the Trading Objectives, the initial fee paid for the Quant Funded Evaluation will be forfeited so be sure to stay safe and respect the rules. Therefore, it is crucial to prioritize safety and adhere to the rules. On the other hand, if you manage to respect all the Trading Objectives without any violations, you will have an unlimited trading period to successfully complete the evaluation.
In the Quant Funded Evaluation, you will trade with the same account balance that was used during the evaluation. For example, if you traded with $200,000 in the evaluation, you will manage a Quant Funded Account with a balance of $200,000. It is important to note that all accounts provided to our clients are demo accounts with virtual funds. However, once you become a Quant Funded Trader, you will receive login credentials for a demo account that is connected to our Proprietary Trading Firm's live trading account, generating real cash flow. Clients are entitled to up to 90% of the profits generated on the Quant Funded Account. This arrangement simplifies administration and allows us greater flexibility in actively managing risk.
If you desire to trade with a higher account balance, you can apply for an additional Quant Funded Evaluation and trade multiple accounts. Each evaluation must be traded from the beginning, regardless of progress on other accounts. To mitigate risk and exposure, we allocate a maximum capital of $400,000 per trader or per strategy at any given time. This can be divided into multiple accounts, such as two accounts with $200,000 each or four accounts with $100,000 each, and so on. It is important to refrain from obtaining multiple accounts through multiple registrations. If we discover identical trading strategies across various accounts that exceed the allocated capital value of $400,000, we reserve the right to suspend those accounts according to the Terms and Conditions.
We have set two different loss limits. Max daily loss (5%) and Max Overall Loss (10%).
When calculating the loss limits. Maximum total loss means that if your account is $100,000, your equity cannot fall below $90,000.
Maximum daily loss means that you can lose $5,000 of your equity on $100,000 account in one day. If you made $5,000 in the same day, your maximum daily loss for the remaining day will be increased to $10,000 ($5,000 allowed DD + $5,000 profit).
The maximum daily loss will be reset to 0:00 MetaTrader platform server time. How we calculate it? We check your capital at 0:00 MetaTrader Platform server time and it should not fall more than 5% of your initial deposit in one day. You can monitor your allowable loss today in your client dashboard. It will be updated in real time.
The minimum requirement for passing Stage 1 of the Quant Funded Evaluation is to trade for at least 5 trading days (these do not have to be consecutive).
The minimum requirement for passing the Stage 2 Quant Funded Evaluation is also that you have traded for at least 5 trading days (these do not have to be consecutive).
However, you also have an unlimited time to pass Stage 1 and Stage 2.
All in all, you can start managing your Quant Funded account in as little as 10 trading days.
At Quant Funded, we understand that market conditions are not always favorable for traders. If you demonstrate good trading skills and are able to manage risk effectively without violating our loss limits, we offer you an unlimited time to successfully complete our Evaluation program.
Quant Funded does not impose any time limits. However, you must place at least 1 trade every 30 days to maintain active participation.
After successfully passing our evaluation program, you will receive your refund with your first profit split.
You have the freedom to trade a wide range of financial instruments, including all forex pairs, indices, metals, cryptocurrencies and oil. This extensive selection gives you the opportunity to explore different markets and diversify your trading portfolio according to your preferences and strategies.
The trader must make a profit of 8% in Stage 1 and a profit of 5% in Stage 2 without violating the allowable loss limits. Remember that you must close all your positions before moving to the next Stage in the Evaluation Course.
At Quant Funded, we recognise the desire of traders to utilise trading robots (Expert Advisors - EAs) for automating their trading strategies and enhancing their overall trading experience. We permit the usage of EAs on all our accounts, regardless of the stage of the evaluation process. We prioritise your trading style and offer the flexibility to use EAs according to your preferences.
However, it's important to note that if you choose to use a third-party EA, there is a risk of being denied a Quant Funded Account if you exceed the maximum capital allocation rule. We maintain certain restrictions on the types of EAs that are allowed to ensure fair and compliant trading practices. Please refer to the detailed description provided below for further information:
Types of trading robots (Expert Advisors - EAs) that are prohibited:
1. High-Frequency Trading EA: EAs that execute in a large volume of trades within short time periods, with the aim of exploiting small market inefficiencies, are not permitted.
2. News Scalping EAs: EAs that are designed to take advantage of price fluctuations during news releases or economic events by executing quick scalping trades are not allowed.
3. Arbitrage EAs (Reverse and Latency): EAs that seek to profit from price discrepancies between different markets or brokers, using strategies based on reverse trading or latency, are not permitted.
4. High-risk Martingale EAs: EAs that open grid positions following an initial position in drawdown, or Martingale positions in drawdown, or EAs that open positions in the same direction with either the same or larger trade volumes than the previous position are not allowed on the Quant Funded Account. However, they are permitted in the Evaluation Course.
5. Multi-Account Reverse Trading EAs: EAs that replicate trades from one account to multiple accounts in the opposite direction are prohibited.
6. Tick Scalping: EAs that engage in rapid trading based on small tick-level price movements are not allowed.
7.. EAs Designed to Abuse Demo Servers: Any EAs specifically created to manipulate or take advantage of the functionalities of demo servers are not permitted.
During the Stage 1 and Stage 2 Evaluation Course, you have the flexibility to open or close positions even on major macroeconomic events. Note, however, that in the Quant Funded account, trading is restricted during restricted news events. In particular, you are prohibited from trading 2 minutes before and 2 minutes after the time of release of restricted news. In addition, you are not allowed to trigger stop losses or take profits within this 2-minute time frame. These restrictions ensure compliance and mitigate potential risks associated with trading during sensitive market conditions.
During Stage 1 or Stage 2, there are no restrictions on keeping your positions open overnight or over the weekend. However, once you are a Quant Funded Trader managing a Quant Funded account, it is important that you close your positions just before the weekend market closes or when the market experiences a rollover period that lasts longer than 2 hours. As a Quant Funded trader, you must adhere to the specific trading hours for each asset class and their respective instruments.
If you trade cryptocurrencies, some can be traded during specific hours of the weekend as well.
To find out the tradeable hours for individual instruments, you can access your MetaTrader platform directly. Open the Market Watch (Ctrl+M), right-click on the instrument you are interested in and select 'Specification'. Scroll down the dialog box to find the 'Trading Hours' for the instrument in question.
We generally endorse and accept a wide range of profitable trading styles from our clients. However, there are certain actions that we at Quant Funded cannot endorse or approve. It is important that you are aware of these actions to ensure compliance with our policies and procedures.
First and foremost, changing the password of your MetaTrader account is strictly prohibited. Any such action will result in the immediate suspension of the account.
Account management by external parties is not allowed, as our goal is to evaluate the individual trading skills of our traders.
Certain trading strategies are prohibited due to their vulnerability and impracticality in the real Forex market. These strategies may be rejected by the market or not accepted by us to ensure proper funding procedures.
The use of certain Expert Advisors (EAs) and robots that exploit inefficiencies in MetaTrader is strictly prohibited. This includes strategies such as tick scalping, arbitrage bots (including reverse arbitrage, latency arbitrage and hedge arbitrage) and any emulators.
Strategies that are not based on live market conditions are not allowed.
Opening positions in opposite directions on different accounts at the same time is strictly prohibited.
If any of the above strategies are used, the account will be terminated and all remuneration will be lost.
If you are not aware of these actions or conditions, it is likely that we will have a positive and cooperative working relationship.
For more detailed information, please refer to Sections 6 and 7 of our Terms and Conditions (T&C).
The bi-weekly payout cycle begins with your first actual trade in the Quant Funded account. For example, if your first trade is on the 2nd of the month, your first payout date would be the 16th of the month. We simply add 14 days to the date of your first trade. This start date is also visible in your Client Area.
All trades must be closed by the end of the day before the payout date. For example, if your payout date is the 16th, your trades should be closed by 23:59:59 MetaTrader server time on the 15th.
At Quant Funded, we place great emphasis on fair and transparent rewards for our Quant Funded traders. To achieve this, we have implemented a profit sharing system where 80% of closed profits from Quant Funded accounts are allocated to traders, while the remaining 20% helps cover Quant Funded's expenses. Withdrawing your profits is a simple and straightforward process.
What sets our approach apart from others is the bi-weekly profit share, which gives you a regular opportunity to cash out your well-earned winnings. Unlike other platforms, we do not impose any predefined trading periods or targets. As long as you respect our Trading Objectives, the account will remain tradable. The amount of profit you can earn and withdraw depends solely on your trading performance, without any restrictions or limits.
Upon confirmation of the profit split, the existing Quant Funded account will be closed. On the following business day you will receive new login credentials and your original initial deposit to continue trading on a new account.
After we sign the contract, you are entitled to 80% (and up to 90% in our Scaling Plan) of the profits you have achieved on the Quant Funded Account. Please note that you are responsible for managing and fulfilling all tax obligations in accordance with the laws and regulations of your country.
After receiving a payout from your Quant Funded Account, you will be given a new Quant Funded Account with the same initial balance, allowing you to continue trading with our company's capital. If your account qualifies for our Scaling Plan, your new Quant Funded Account will start with the balance specified for your Scaling Plan's Level.
Our current offering includes IC Markets as our available options.
We provide our clients with the opportunity to utilize the widely recognized MetaTrader 4 and MetaTrader 5 platforms, granting them access to all associated accounts.
To apply for the Quant Funded Evaluation, you can set up your account parameters at the following link: https://trader.quantfunded.com/start-your-challenge. Once you have completed the order form, you will be redirected to the payment page and will also receive an order confirmation email.
You can pay for Quant Funded Evaluation by debit/credit card or cryptocurrencies.
Rest assured that there are no additional or hidden fees for Quant Funded Evaluation. The fee you pay covers the entire process, including Stage 2 of the evaluation, with no recurring charges. In addition, your fee will be fully refunded with the first Profit Split on the Quant Funded Account.
There are no limits on the number of trading accounts you can have during the Quant Funded Evaluation. However, there is a maximum capital allocation of $400,000 per trader or strategy at any given time for each Quant Funded Account connected to our Proprietary Trading Firm.
Equivalent limits also apply to trading accounts denominated in other currencies, such as €320,000 and £280,000.
These limits are in place to mitigate risk and promote diversification, as we aim to avoid allocating a significant portion of our investment to a single account. Please refrain from creating multiple accounts through different registrations, as this is not permitted. If we find multiple accounts trading identical strategies and exceeding the allocated capital limit of $400,000, we reserve the right to suspend those accounts in accordance with the Terms and Conditions.
If you wish to merge your successfully passed evaluation accounts into one master Quant Funded Account, we can accommodate this request. The combined Quant Funded Accounts must have at least their initial account balance and meet the following conditions:
1. The Quant Funded Account must not be in a drawdown.
2. There must be no pending profit for the 80/20 Profit Split.
3. All accounts to be merged must have the same risk setup.
4. All accounts to be merged must be denominated in the same base currency.
The merged Quant Funded Account will have a combined balance value and adhere to the drawdown limits (5% Max Daily Loss/10% Max Loss). If you wish to compound your profits, it is not necessary to withdraw your profits before merging the accounts.
The Company may provide products, services, subscriptions, or access to certain portions of the Company's website at a monetary cost. Prices and availability are subject to change without notice. The Company may allow for such purchases within its website. It is your responsibility to thoroughly read and understand any such terms and conditions. By making any such purchases, you agree that the Company has no responsibility and acquires no liability for any claim related to your purchases.
Upon the complete purchase of a product, service, subscription, or access to certain portions of the Company website, the Company will make any said product, service, or access will be available to you following the approved transaction.
There are no refunds on any Services purchased from the Company.
Questions
This term is included in both our Terms and Conditions and the Quant Funded Account Agreement. It is imperative that trading activities comply with the principles of a genuine market, and traders must refrain from practices that undermine the proper functioning of the market. While all trading strategies are allowed, they should not hinder legitimate trading or engage in practices that harm us or abuse the evaluation process in any way.
We strongly advise you to familiarize yourself with our Execution Policy and Trading Terms and Conditions, focusing in particular on clause 5.4. This will ensure a full understanding of these policies.
If you violate Quant Funded's loss limits, you will not be permanently banned from our program. Instead, you will be given an opportunity for self-reflection and a chance to improve your performance if you decide to try our 2-phase assessment again. You always have the option to order a new Quant Funded Evaluation and try again from the beginning.
If Trading Objectives are violated, the associated account will be automatically deactivated and lose its eligibility to continue trading, regardless of the account type.
We provide a 1:100 leverage.
If you are dissatisfied with your current trading platform during any stage of the evaluation process, you have the option to request a platform change. You can do this after completing each stage, be it Stage 1 or Stage 2, or after each payout cycle on the Quant Funded Account.
Please note that it is not possible to change trading platforms while you are actively trading. Therefore, such requests can only be considered during the periods mentioned above.
We offer our clients the convenience of managing multiple accounts with just one click!
Copy trading is allowed and available to our clients, but only from personal accounts that are legally linked to the account holder.
We offer a range of acceptable copy trading options, including:
* Copy trading between your Quant Funded accounts and your external accounts
* Copy trading between your Quant Funded accounts
* Copy trading from your funded accounts to Evaluation accounts and vice versa
These options allow for seamless and efficient trade replication and provide our clients with endless opportunities to optimize their trading strategies.