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Khurom Hussain

United Kingdom

1 Reviews
1 Reads
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1 review

Quantec Trading Capital

Got payout declined only due to using…

Got payout declined only due to using same strategy as others. Any other prop firm would of paid out the $2.7k Dear Trader, We trust this message finds you well. During our recent payout review and the associated withdrawal process, we noticed some irregularities that need to be addressed. Our investigations have revealed that your account 88906471 contains trading activity highly similar to other traders/strategies, which is a breach of our trading rules as outlined in the Schedule of Assessment and stipulated in the agreement you have signed. The patterns indicate that your trading strategy has been replicated across numerous accounts under different registrations. The tickets that were detected: 3808132, 3380428, 2667643, 4073362, 4083135, 3458292, 2765082, 4346264, 3419791, 3473756, 2857275, 2563703, 2965627 Instead of immediately terminating your account, we're taking a different approach to address this issue. For the next month, we will temporarily suspend your Autotrade access, reset your account balance to its initial amount and decline your withdrawal request. However, you will have the opportunity to continue trading and submit another withdrawal request in the future, while adhering to the rules applicable for the first withdrawal request. Please take this message as your initial formal warning. Our aim is to work together with you to rectify the situation and ensure adherence to the rules. However, if we continue to identify similar trades resembling those of other traders/strategies, we will have no choice but to permanently suspend your account. If you have any questions or concerns, please do not hesitate to contact us. Our team will be available to assist you. Thank you for your cooperation. Best regards, Quantec Trading Capital Risk Team

2024-03-28