Quantec Decline my withdrawal, stay away from this propfirm!!!
Quantec is a very disappointing company. This is the second time I have submitted a withdrawal request. The first time, they took my earnings for a month, claiming I violated the consistency rule. I tried to accept this decision, as I admitted to trading with varying lot sizes. The second time I submitted a withdrawal request after trading for a month, I traded using the same lot size to avoid any violations. I asked customer support about the exact lot size I could use for an account worth 25,000 dollars, and they said 0.4 was acceptable. After a month of trading, I made a profit of 2,000 dollars and submitted another withdrawal request, which was denied. First, they said I violated consistency. I then sent them a trading statement for the month, showing that I had corrected my lot sizes and complied with the consistency rule. Then they came up with a second excuse: The second reason they gave was that I violated the daily loss limit. I asked them to show me which order violated this limit, and they couldn't provide an answer. Then they claimed there was a bug in their system. I asked when I could receive my payment, but there was no response. They then changed their story again, saying there was a minor breach and that they would only cancel the trades affected by this minor breach. I asked which trades were affected and how much I would receive, but they didn't answer. Instead, they said I violated the consistency rule again. I asked again, stating that for a month, I had followed the consistency rule by trading with a 0.4 lot size. They claimed that my entire month's trading was a violation of the consistency rule because my lot size was 0.4 instead of 0.3. I asked where it was stated that a 25,000 dollar account should use a 0.3 lot size, and they couldn't show me. In essence, my trust in this company is completely broken. Do not ever get involved with this scam company.