First, I use Icarus Verilog for my simulation environment for Altera FPGA/CPLD designs. And use GTKwave as the waveform viewer. I found it to be an excellent environment.
Altera/Intel Quartus does not do any simulation per se. To handle simulation they supply a version of ModelSim as the simulator. See: https://www.intel.com/content/www/us/en/software/programmable/quartus-prime/model-sim.html for more information. There is a free version you can download.
I've personally never found the need to use it, as I am strictly verilog based. The ModelSim simulator can handle both verilog and vhdl if that is a requirement for you. Also has it's own waveform viewer.