Quantec Trading Capital Reviews 527

SCAM CHANGE RULE AFTER I REQUEST PAYOUT, SUPPORT TEAM TELL ME MY PAYOUT APPLY OLD RULES BUT THEY DON T PAY ME BECAUSE I BREACH NEW RULES BIGG SCAM

Never got my payout. Decline reason copy trading. I never copied any trades. Scammed

Fake company

The excuse for not paying you is copy trading, and I asked them for arguments to give me deals that are similar to mine. Be careful of partnerships that all use HFT, but all of them are quanatec

I waited two weeks for the money, I wrote a message, why is it taking so long? the next day I got a reply that my transactions are similar to others, that I use copying of other transactions and that they will not pay me money, but they will not block my account, and I will not be able to get paid next month also.I will be able to apply for payment for 2 months. I wrote them a message that I didn't copy transaction, that I did everything myself, so they could check it again. two days later I received a message from them that they were blocking my account due to copying transactions. these are scammers, just look at the comments, over 70% of the comments have one star. These 20% of positive comments are probably written by themselves! stay away from this company. fraud!

Not giving out payout even though i do everything correctly and play by rules. Please do not buy and get scammed from this prop firm!

Withdrawal status pending since 30 March. no feedback at all. Don't think I will receive this withdrawal.
If I get it then I will update the review.

SCAM. STAY AWAY FROM SCAM.
They gave vague excuse of copy trading and denied payout. I had followed all the rules according to their policies, yet payout denied. Quantec is a scam.

Certainly, here's the text in English:

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Attention Quantec,

It has come to our attention that your company, Quantec, appears to be adopting questionable practices by refusing to pay clients who have successfully made profits through trading. We want to remind you that such actions are not only morally reprehensible but also subject to severe legal penalties.

Under Singaporean law, any company or individual involved in fraudulent or dishonest practices in financial transactions may be subject to substantial fines and even imprisonment. Sections 400 and 401 of Singapore's Penal Code specifically provide for penalties for fraud and deception, including substantial fines and prison sentences of up to several years.

We caution you against any attempts to circumvent your obligations to your clients. Trust and integrity are essential pillars of the financial sector, and any violation of these principles will be treated with the utmost severity by the competent authorities.

We urge you to reconsider your practices and to act in accordance with the law and business ethics. Ignoring these warnings could expose you to disastrous consequences for your company, including legal action, exorbitant fines, and irreparable damage to your reputation.

Please take this warning very seriously. We are closely monitoring your actions and will not hesitate to take necessary measures to protect the interests of investors and ensure the integrity of the financial market.

Sincerely,

[Your name/organization]

For such issues in Singapore, you can contact the Monetary Authority of Singapore (MAS), the country's financial regulatory body. They oversee and regulate financial institutions, including trading and investment firms. Here are their contact details:

Monetary Authority of Singapore (MAS)
Address: 10 Shenton Way, MAS Building, Singapore 079117
Phone: +65 6225 5577

You can reach out to MAS to report suspicious or fraudulent practices by financial companies like Quantec so they can investigate and take necessary actions to protect investors and maintain the integrity of the financial market in Singapore.

Today,

I recieved an email saying I breached volume consistency rules. I am not a novice I can calculate my lot size. The risk team did not aggregate trades placed within a 30 second window at all. So my lot range was smaller than it should have been they denied my payout of $1100 due to this.

Complete nonsense the risk managers can’t even follow their own rules in the SOA.

Account Number: 88906758.

I provided them spreadsheets and trade Id numbers explaining how it should have been calculated. They will probably ignore me. This is why I give them 1* the risk team intentionally miscalculated my trades to breach consistency and deny my payout. I see why they closed their discord now.

I had the same problem with InfinityForexFunds actually.

Same as almost the other recent reviews. First withdrawal I had no problem so I thought this was a legit company. Asked for second withdrawal for only 600 and was denied. I only use my phone and do t even use indicators but they said my trades where similar to other traders so they turned my auto trader off, never used it so that’s not a problem. I guess all us clients must copy each other, what a joke.

As i requested my payout of 600$ they took aeay my account and act like i never had a account with them. DONT BUY FROM THOSE FRAUD COMPANIES

Estafadores !! No pagan !!

Requested a payout, traded my own way and got declined due to the trades have been similiar to other accounts. Also waited a long time for processing the withdrawal, so not recommended at this moment. Hopefully they improve!

Just submited my withdrawal request last night. I will let the world knows how amazing or dangerous Quantec depending on the outcome of my withdrawal. I worked really hard on my 50k account and not only the cost of acct .but 30 days of meticulous trading is about to be rewarded or cheated. I will market vigorously if Quantec delivers without headache and vice versa. Watch this space.

Dear Trader,

We are writing to inform you of the issue that has been identified with your trading with us.
For further explanation, our internal team recently discovered some discrepancies related to trading activity that may have impacted your account 88912384

We have conducted a thorough investigation and found that your trading account was linked to the same IP Address as a third party that resulted in a breach of our trading policies.
Unfortunately, as a result, your account has been suspended.

We want to assure you that we take such matters very seriously, and we would like to be as transparent as possible to our traders.
However, we are unable to disclose specific details related to the breach, as it is related to our internal policies and procedures.

We appreciate your understanding and patience during this time.

Kind regards,

Quantec Trading Capital Risk Team

They denied another withdrawal, only 11 transactions and they’ve said they’re similar to other accounts but provide no information or evidence to support this claim. Avoid this company at all costs

I don't want to share my experience because it's a waste of words. Basically this platform is a scam, they will always come up with some reason why you won't get paid.

Quantec don´t want to pay. I´ve requested my withdrawal 10 days ago (735$) I followed all rules, avoiding news, manual trading...and they wrote me about copy trading (100%not true) as reason for not pay.
Don´t buy Quantec, please. Is my recommendation! 100% Scam and Ponzi Scheme!

they are scammers man i got funded and i got rejected my payout to times and they say the same thing ur trades had been trade it in 100 different account like whatt i follow every rule and now they took my account cause apperenly people be trading with other account with me imao is sooo stupid man 3 months i made then money and they took it all

Withdrawal request denied of $4956.59 before profit split. Due to trades being similar to others. BS I trade my own trades! PLEASE DONT USE THESE ARE SCAMMERS!

Like others the company says that my payout was denied for copy trading, all of these in gold, for some reason these company is an expert detecting copy trading or strategies replicant from other traders, all of these is crap, i trust them and all the people that say os real, sad