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QUANT TEKEL

Suspicious Clone
South Africa
,
Since 2023
Last Updated:
42/100
Overall Score

Trading Conditions

Min Deposit:
USD200
Max Leverage:
100
Account Types
StandardPremiumElite+1 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Credit/Debit Cards (Visa, Mastercard, AmEx, Discover via Stripe)

credit card
Instant
Fee:
Free
Fee:
Free

Bank Wire/Transfers

wire transfer
1 days
Fee:
Free
Fee:
Free

Cryptocurrency (BTC, ETH, USDC, XRP via BoomFi)

crypto
1 hours
Fee:
Free
Fee:
Free

E-Wallets (Paytiko, PayPal, Wise)

e wallet
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 16%, 2: License 76%, 3: Software 50%, 4: Spread 0%, 5: Account Type 24%, 6: Symbol 0%
Regulation
16%Poor
License
76%Good
Software
50%Fair
Spread
0%Poor
Account Type
24%Poor
Symbol
0%Poor

Company Information

Full Name:QUANT TEKEL Pty Ltd
Founded:2023
Headquarters:South Africa
Enterprise Offices:N/A

Customer Support

Phone:
Live Chat:
business_hours
Response Time:
Languages:
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Broker Summary

Summary of the broker

Introduction

In the rapidly evolving world of financial trading, brokers that combine cutting-edge technology with robust regulatory frameworks stand out as trusted partners for traders worldwide. QUANT TEKEL is one such brokerage firm that has quickly made a name for itself since its inception in 2024. Headquartered in South Africa, this next-generation broker offers a comprehensive suite of trading services tailored to meet the needs of both retail and professional traders across Africa and Asia.

With a focus on institutional-grade trading conditions, transparent pricing, and a no-restrictions policy, QUANT TEKEL aims to empower traders with the tools and liquidity necessary to succeed in diverse markets. From forex and indices to stocks, commodities, and cryptocurrencies, the broker’s extensive offerings and advanced platforms position it as a formidable player in the brokerage landscape.

Background and History

QUANT TEKEL (Pty) Ltd was established in 2024, marking its entry into the competitive brokerage industry with a clear mission: to provide flexible brokerage services and tailored proprietary trading evaluations for skilled traders. Despite being a relatively new entrant, the company has rapidly expanded its reach, now serving over 60,000 traders across more than 180 countries.

Headquartered in South Africa, QUANT TEKEL has positioned itself as a global brokerage with a strong emphasis on institutional-grade conditions and prop trading support. Its vision is to lead the forex brokerage and proprietary trading sectors by fostering a vibrant global trading community, supported by advanced technology and deep liquidity.

Key Features and Offerings

Account Types and Instruments

QUANT TEKEL offers three main account types designed to cater to different trader profiles: Standard, Prime, and Elite. These accounts provide varying levels of access to markets, spreads, and commissions, allowing traders to select the option that best fits their trading style and capital.

The broker supports a broad range of trading instruments, including over 80 currency pairs, major global indices such as US30, NAS100, and GER40, more than 150 global equities including Apple and Tesla, as well as commodities and cryptocurrencies. This diverse offering enables traders to diversify their portfolios and capitalize on multiple market opportunities.

Unique Trading Features

  • No trading restrictions: scalping, expert advisors (EAs), and news trading are fully permitted.
  • Award-winning liquidity sourced from over 20 banks and non-bank providers.
  • Straight Through Processing (STP) execution model with no dealing desk intervention.
  • Dedicated proprietary trading support through a separate platform, qtfunded.com.

Regulatory Compliance and Licensing

Regulation and client fund security are paramount at QUANT TEKEL. The broker operates under the strict oversight of South Africa’s Financial Sector Conduct Authority (FSCA), holding an active license with FSP No. 53227. This regulatory framework ensures that client funds are held in segregated tier-1 bank accounts, providing an additional layer of safety and transparency.

It is important to note that QUANT TEKEL limits its services primarily to clients in Africa and Asia, in compliance with its licensing terms. The broker does not offer services to residents of the US, UK, EU, Canada, Australia, and certain other restricted jurisdictions.

Regulator License Number Status Jurisdiction
Financial Sector Conduct Authority (FSCA) FSP No. 53227 Active South Africa (Services limited to Africa & Asia)

Trading Conditions and Platform Technology

Trading Conditions

QUANT TEKEL offers competitive trading conditions designed to appeal to both novice and experienced traders. The broker provides raw spreads starting from 0.0 pips on major forex pairs such as EUR/USD and USD/JPY, and from 0.5 points on popular indices like US30. Leverage is available up to 1:100 for forex and up to 1:10 for stocks, allowing traders to optimize their capital usage.

The minimum deposit requirement is set at $200, making the platform accessible to a wide range of traders. Execution speeds are notably fast, with sub-50ms general execution, sub-30ms for forex, and under 10ms for indices, ensuring that traders can capitalize on market movements with minimal latency.

Trading Condition Details
Spreads Raw from 0.0 pips (majors), from 0.5 points (indices)
Leverage Up to 1:100 (forex), up to 1:10 (stocks)
Minimum Deposit $200
Execution Speed Sub-50ms general, sub-30ms forex, under 10ms indices
Market Access 24/5

Platform Technology

QUANT TEKEL supports multiple advanced trading platforms to cater to diverse trader preferences and strategies. These include MetaTrader 5 (MT5), cTrader, and TradeLocker, each offering unique features and tools.

Platform Key Features Device Support
MetaTrader 5 (MT5) Multi-asset trading, advanced charting, EAs/MQL5 automation, Level II pricing, 99.9% backtesting, cloud sync Mobile, Web, Desktop
cTrader Level II pricing, advanced order types, ultra-fast execution, cAlgo automation, sentiment analysis, cloud sync Mobile, Web, Desktop
TradeLocker Real-time pricing, TradingView charts, intuitive mobile interface, smart risk controls Mobile, Web

Fee Structure

Transparency is a cornerstone of QUANT TEKEL’s pricing model. The broker emphasizes honest and competitive pricing with no hidden fees or requotes. Deposits and withdrawals are processed instantly, although specific fee amounts are not publicly detailed. Importantly, there are no inactivity fees or other unexpected charges, which enhances the overall user experience.

Fee Type Details
Deposit Fees Instant processing; no specific fees listed
Withdrawal Fees Instant processing; no specific fees listed
Commission Low-commission model; specific amounts not disclosed
Inactivity Fees None
Requotes None

User Experience and Market Reputation

While detailed user reviews and ratings for QUANT TEKEL are limited, the broker’s reputation is built on serving a large and diverse client base of over 60,000 traders globally. The company prides itself on providing real trader support through 24/5 live chat staffed by trading experts, ensuring timely assistance and guidance.

Traders appreciate the broker’s no-restrictions policy, allowing scalping, automated trading, and news trading without limitations. Additionally, institutional-grade tools and award-winning liquidity contribute to a professional trading environment. However, the broker’s geographic restrictions and limited public fee transparency may be considerations for some prospective clients.

Recent Developments

Since its founding in 2024, QUANT TEKEL has experienced rapid growth and continuous platform enhancements. Notably, the broker expanded its MT5 offering to include over 150 stocks, broadening its multi-asset capabilities. The company also strategically split its services, maintaining brokerage operations at quanttekel.com while supporting proprietary trading through qtfunded.com.

As of mid-2024, no major changes or updates beyond these expansions have been publicly announced. The focus remains on consolidating its market position and enhancing the trader experience through technology and liquidity improvements.

Conclusion

QUANT TEKEL stands out as a dynamic and forward-thinking brokerage firm that combines robust regulatory compliance with advanced trading technology and a broad range of instruments. Its commitment to transparent pricing, fast execution, and a no-restrictions trading environment makes it an attractive option for traders in Africa and Asia seeking institutional-grade conditions.

While limited information on certain operational details exists, the broker’s rapid growth and comprehensive service offerings suggest a promising future. Traders looking for a reliable, technologically advanced broker with strong liquidity and prop trading support will find QUANT TEKEL a compelling choice in today’s competitive market.

Regulatory Licenses

Compliance & oversight

1 license
South Africa
FSCATier 2
South Africa#53227
License Details
Type:Market Making(MM)
License #:53227
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

4 types
Standard
Standard
Min Deposit USD 200 • Leverage 1:200 • Commission $0 per lot/side
Min DepositUSD 200
Leverage1:200
Commission$0 per lot/side
Premium
VIP
Min Deposit USD 5,000 • Leverage 1:200 • Commission $3.5 per lot/side
Min DepositUSD 5,000
Leverage1:200
Commission$3.5 per lot/side
Elite
VIP
Min Deposit USD 50,000 • Leverage 1:500 • Commission $3 per lot/side
Min DepositUSD 50,000
Leverage1:500
Commission$3 per lot/side
Pro
VIP
Min Deposit USD 5,000 • Leverage 1:500 • Commission No volume requirement
Min DepositUSD 5,000
Leverage1:500
CommissionNo volume requirement
4
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

4 methods
Credit/Debit Cards (Visa, Mastercard, AmEx, Discover via Stripe)
Credit CardInstant
Deposit
Fee:Free
Min:USD 114
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:N/A
Widely available; instant deposits; withdrawals same-day if requested before 12:00 GMT; no fees on withdrawals over $100.
Bank Wire/Transfers
Wire Transfer1 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:N/A
Regional access varies; no Wise support noted in some reviews; withdrawals available where deposits supported.
Cryptocurrency (BTC, ETH, USDC, XRP via BoomFi)
Cryptocurrency1 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:USD 110
Max:N/A
Available in many regions; preferred for speed; USDC primary for withdrawals.
E-Wallets (Paytiko, PayPal, Wise)
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:N/A
PayPal deposits only; Wise limited or unsupported; regional restrictions apply (e.g., no US MT5). Withdrawals limited to supported e-wallets in user portal.
4
Free Deposit
4
Instant
1
Crypto

Trading Platforms

Professional trading tools

1 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with QUANT TEKEL: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark QUANT TEKEL at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for QUANT TEKEL

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://quanttekel.com/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

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