As a trader, finding ways to reduce costs while maximizing your potential earnings is crucial. Enter AscendX (now Quant Tekel)—an industry leader in proprietary trading. And the best part? You can get 7% off using the promo code INVEST.
In this comprehensive guide, we’ll explore why traders flock to platforms like AscendX, how discount codes like INVEST can benefit your trading journey, and how to effectively apply the discount to get the most value.
What is AscendX (Now Quant Tekel)?
AscendX, now known as Quant Tekel, is a proprietary trading firm that helps traders get funded up to $200,000 with flexible trading conditions. The company has a reputation for transparency, particularly with its use of blockchain for payout verification. Traders benefit from realistic evaluation targets and support that helps them reach financial success.
The Benefits of Using AscendX/Quant Tekel
High Profit Split (90%)
With a 90% profit split, traders keep most of their earnings, a figure that outshines many competitors. This allows you to leverage your skills and increase your earnings potential【5†source】.
Flexible Trading Conditions
Quant Tekel is designed to support a wide range of trading strategies. You can trade without time constraints and enjoy the freedom of using expert advisors (EAs) or pursuing news trading.
Low Profit Targets
Achievable profit targets are another advantage. You need to meet 7% in Phase 1 and 5% in Phase 2 of the evaluation process. These modest targets make it accessible for many traders to earn funded accounts
Evaluation Programs at Quant Tekel
Quant Tekel’s proprietary trading model includes a two-step evaluation program:
Phase 1: Traders must hit a 7% profit target within a risk-managed framework. After a minimum of two trading days, they can proceed to the next phase.
Phase 2: In this stage, the profit target is reduced to 5%, with similar conditions regarding drawdown and trading days.
Once both phases are completed, traders receive funded status and continue trading with a 90% profit share. Applying the discount code INVEST helps reduce the cost of this evaluation, ensuring more financial flexibility as you progress through each phase.
Funding Options and Costs
- 200k Account: Price – $1134, Profit Share 90%, Phase 1 Target 7%, Phase 2 Target 5%, Max Drawdown 10%, Max Daily Drawdown 4%.
- 100k Account: Price – $647, Profit Share 90%, Phase 1 Target 7%, Phase 2 Target 5%, Max Drawdown 10%, Max Daily Drawdown 4%.
- 50k Account: Price – $372, Profit Share 90%, Phase 1 Target 7%, Phase 2 Target 5%, Max Drawdown 10%, Max Daily Drawdown 4%.
- 25k Account: Price – $242, Profit Share 90%, Phase 1 Target 7%, Phase 2 Target 5%, Max Drawdown 10%, Max Daily Drawdown 4%.
- 10k Account: Price – $120, Profit Share 90%, Phase 1 Target 7%, Phase 2 Target 5%, Max Drawdown 10%, Max Daily Drawdown 4%.
Financial Benefits for Traders
Using a discount code can provide immediate savings on evaluation fees, but the long-term benefits are even greater. You can reallocate the money you save towards growing your trading capital. It’s all about strategic financial planning, and promo codes like INVEST help you get more out of every dollar.
How to Apply the AscendX Discount Code INVEST at Checkout?
Here’s a quick guide on how to apply the INVEST discount code for a 7% off at checkout:
1. Login to your Quant Tekel account (or create one if you’re new).
2. Choose your evaluation program based on the amount of funding you desire (e.g., $25,000, $100,000).
3. Enter the code “INVEST” in the promo code field during checkout. Hit Apply, and you will see the discount reflected in your total.
4. Complete your payment to finalize your evaluation registration.
Why Evaluations Are Important for Forex Traders?
For Forex traders, proprietary trading is a huge advantage. The initial evaluation stages can sometimes be costly, but using a coupon code like INVEST helps reduce those costs. This means Forex traders can take on less personal financial risk while still having access to large capital accounts.
Additional Features of Quant Tekel for Traders
Apart from the discount code and flexible funding options, Quant Tekel offers:
- Low spreads and commissions, which help traders keep more of their profits.
- Multiple payment methods, including crypto and traditional bank transfers.
- Supported platforms like MT4, MT5, and cTrader.
What You Should Know About Proprietary Trading with Quant Tekel?
Quant Tekel enforces a strict set of rules during the evaluation process:
- Maximum drawdown: Traders must not exceed 10% of their account balance.
- Daily drawdown limits: Set at 4% of the previous day’s balance.
- Freedom in strategy: The platform supports news trading, Expert Advisors (EAs), and more.
Capital Management and the Importance of Discipline
As with any form of trading, capital management is key. The INVEST discount code saves money and helps traders manage their capital more effectively. With a lower entry cost, traders can focus on growing their funds rather than worrying about upfront fees.
Secure Payments and Account Verification
When applying the INVEST discount code, you can trust that all payment methods are secure. Quant Tekel requires KYC verification to ensure that the platform remains safe and fair for all traders.
Conclusion
The 7% discount code INVEST is a valuable tool for any trader looking to start or advance their proprietary trading journey. With reduced fees and access to flexible evaluations, this discount makes the dream of becoming a funded trader more accessible. Quant Tekel (formerly AscendX) stands out in the industry with its competitive profit splits, transparent policies, and comprehensive support for traders.
FAQs
What is the AscendX discount code and how do I apply it?
- The discount code INVEST gives you 7% off evaluations at checkout. Simply apply it during payment.
Can the INVEST code be used for any trading account?
- Yes, the code works across all evaluation accounts offered by Quant Tekel.
How does using a discount code affect my evaluation fees?
- It reduces the total cost of your evaluation, leaving you with more capital for trading.
Is there a limit to how many times I can use the INVEST discount code?
- You can use the code once per evaluation, but check with Quant Tekel for any additional restrictions.
Does Quant Tekel offer other discounts or promotions for traders?
- Yes, Quant Tekel periodically offers promotions and competitions that may include free evaluations or further discounts.
