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Contract reading

What QUANT TEKEL legally published, but does not want you to read

Every clause below is published by QUANT TEKEL itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: Quant Tekel (Pty) Limited

sole discretionprop evaluationhidden feejurisdictionmarketing claimwithdrawalscomplaintscounterpartydispute barrierdrawdown rule

Quant Tekel's About page sells a brokerage in 180+ countries. Its own footer limits the licence to Africa and Asia. Trade before identity checks finish and the contract voids every profit you made. Ask your bank for a chargeback and you are banned, with any accrued profit forfeited.

Back to QUANT TEKEL

Contract risk

Money at risk
8.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
6
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
17
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
7
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
5

How the 17 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical6
Warning11
Notice0

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

2 of these 4 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical180In the contract. Jump to the clause this comes from.Marketed to 180+ countries, licensed for two continentsCritical2%Account limit. Jump to the clause this comes from.A 2% paper loss breaks the account even if the trade wins5 daysWithdrawal limit. Jump to the clause this comes from.Payout advertised at 4 days needs 5 trading days first10%Fee you were not shown. Jump to the clause this comes from.A 10% late fee on invoices due in three business days

What the documents say

17 clauses worth knowing about, worst first, each quoted from QUANT TEKEL's own files

01

Quant Tekel's About page says it serves over 60,000 traders across 180+ countries. The footer on the same website limits its brokerage to clients located in Africa and Asia.

Why this matters

If you live outside Africa and Asia, the marketing invited you and the licence terms say Quant Tekel does not serve you. That gap is the firm's answer if your account is later closed.

Exhibit 1CriticalHarder than usual180

Quant Tekel (Pty) Ltd offers brokerage and CFD services only to clients located in Africa and Asia, in accordance with its FSCA license. We do not offer or solicit brokerage services in the United Kingdom, European Union, United States, or any other restricted or sanctioned jurisdiction.
Clause Jurisdictional Notice in Glossary
Read from the broker's site on Archived copyOpen the reference
Our own capture of quanttekel.com, taken on Aug 25, 2026The claim, on About page, Who Are We sectionVisit this page on the broker's siteDownload the full size image file
Our own capture of quanttekel.com, taken on Aug 25, 2026What the contract says, clause Jurisdictional NoticeVisit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FSCA (South Africa), FCA (UK)

Firms authorised by the FSCA must give clients factually correct information and must not overstate what their licence allows. Quant Tekel advertises 180+ countries and restricts itself to two continents in its own footer.

QUANT TEKEL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

02

Trade before Quant Tekel finishes checking your identity and the Terms and Conditions void every profit you made. The same clause cancels the trades themselves, not only the gains.

Why this matters

You can trade, build a profit, then lose all of it because your verification was still pending. Nothing in the contract sets a deadline for Quant Tekel to approve you.

Exhibit 2CriticalHarder than usual

Consequently, any trades executed or profits accrued by such a client shall be considered invalid and unenforceable. Furthermore, any profit accrued before completion of the KYC process, will be void.
Clause Client Account Inactivity and KYC Verification Policy in Terms & Conditions
Read from the broker's site on Open the reference
Our own capture of quanttekel.com, taken on Aug 25, 2026Profit earned before KYC approval is void (clause Client Account Inactivity and KYC Verification Policy)Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must complete identity checks before a retail client can trade. This contract allows the trades to run and then treats the profit as void.

QUANT TEKEL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 17One clause voids the profit for an unfinished check and the other lets Quant Tekel hold the money while the check runs.
03

Dispute a payment with your card issuer and Quant Tekel bans your account. Its Terms of Service say it will not consider any request to lift that ban.

Why this matters

A chargeback is a protection your bank gives you. Using it here costs you the account, any profit sitting in it, and every future account.

Exhibit 3CriticalRarely seen

Once you dispute an order payment it has an adverse impact on the company, financially, and causes damage to our company profile. Hence, according to our policy, we will be banning accounts of traders who dispute their payments and moving forward we will not entertain any requests to unban the accounts.
Clause PAYMENT DISPUTE POLICY in Terms of Service (QT Funded)
Read from the broker's site on Open the reference
Our own capture of qtfunded.quanttekel.com, taken on Aug 25, 2026Asking your bank for a refund gets you banned permanently (clause PAYMENT DISPUTE POLICY)Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK)

Firms licensed by the FCA must handle complaints fairly and must not penalise a client for using a remedy open to them. This contract bans the account of anyone who disputes a payment.

QUANT TEKEL is not licensed by this regulator, so this is a comparison of practice, not a finding of any breach.

Our readingA chargeback is a right the card networks give a cardholder. A term that punishes you for using it, with the ban stated as final, turns a payment protection into a reason to lose your account.

  • Worse together with Exhibit 15You cannot recover the money through your bank and you cannot publish the messages that explain why it was refused.
04

Your open trades may not show a combined paper loss above 2% of the account balance. Quant Tekel counts that as a breach even when the trade later closes in profit.

Why this matters

An ordinary dip on an open position ends the evaluation you paid for. The rule fires on a loss you never actually took.

Exhibit 4CriticalHarder than usual2%

At no time may your combined floating loss exceed 2% of your account balance. This limit is monitored continuously while trades remain open.
Clause 1.3 Floating Loss Rule in Terms of Service (QT Funded)
Read from the broker's site on Open the reference
Our own capture of qtfunded.quanttekel.com, taken on Aug 25, 2026A 2% paper loss breaks the account even if the trade wins (clause 1.3 Floating Loss Rule)Visit this page on the broker's siteDownload the full size image file

What it costsOn a $100,000 account the limit is $2,000. The contract's own example shows three open trades down $800, $700 and $600, a total of $2,100, already counted as a breach.

  • Worse together with Exhibit 6A market gap can push you past the 2% line, and a separate clause says Quant Tekel is not responsible for rule breaches caused by extreme market conditions.
05

Pay for an evaluation and the documents name four different companies as your counterparty. The footer says you contract with Quant Tekel SVG. The Terms of Service say the supplier is Quant Tekel LTD.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Why this matters

If a payout is refused, you need to know which company to claim against and in which country. These pages give you two answers at once.

Exhibit 5CriticalRarely seen4

We are Quant Tekel LLC Limited (“Company”, “we”, “us”, or “our”), a company registered in St. Vincent & the Grenadines at EuroHouse, Richmond Hill Road.
Clause Agreements to Our Legal Terms in Terms of Service (QT Funded)
Read from the broker's site on Open the reference
Our own capture of qtfunded.quanttekel.com, taken on Aug 25, 2026What the contract says, clause Payment Processing by Odeonpay ALE S.R.LVisit this page on the broker's siteDownload the full size image file
Our own capture of qtfunded.quanttekel.com, taken on Aug 25, 2026Four company names, and none of them settle who owes you (clause Agreements to Our Legal Terms)Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), FSCA (South Africa)

Firms licensed by the FCA and authorised by the FSCA must tell a client which legal entity they are dealing with before the client pays. These documents name Quant Tekel LLC Limited, Quant Tekel SVG, Quant Tekel LTD and Quant Tekel (Pty) Limited.

QUANT TEKEL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingA contract normally names one counterparty. Here the operator, the supplier and the entity in the footer are three different companies in three countries, so the party you could actually sue is unsettled.

Every route to challenge a refusal is shut in turn

Quant Tekel bans permanently any trader who disputes a payment with their bank, and forfeits their accounts and profits. Its platform outages carry no liability and no refund. Its Complaints page publishes no procedure, and you agree not to publish the support messages that would prove your case.

Closing the exits3 clauses flagged

Quant Tekel takes no liability when its own platform outage stops you finishing a challenge. The same document says registration fees are never refunded.

Why this matters

You pay the fee, their system goes down, you fail. The contract then rules out a claim, a refund and any other remedy.

Exhibit 6CriticalHarder than usual

Quant Tekel SVG accepts no liability for any administration or technical error, whether caused by platform outages, data feed disruptions, third-party system failures, connectivity issues, or any other technical circumstance, that results in a participant being unable to complete any stage of a challenge.
Clause Administrative and Technical Errors in Terms of Service (QT Funded)
Read from the broker's site on Open the reference
Our own capture of qtfunded.quanttekel.com, taken on Aug 25, 2026Their outage fails your challenge, and no refund follows (clause Administrative and Technical Errors)Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK)

Firms licensed by the FCA may not exclude liability for their own operational failures so completely that a retail customer is left with no remedy. This contract excludes it and rules out a refund in the same breath.

QUANT TEKEL is not licensed by this regulator, so this is a comparison of practice, not a finding of any breach.

Quant Tekel's Complaints page is a contact form and one sentence of encouragement. It sets out no procedure, no deadline for a reply and no way to escalate.

Why this matters

You have no published timetable to hold Quant Tekel to. If it says no, the page names no independent body you can go to.

Exhibit 13WarningHarder than usual

At Quant Tekel, trader’s success is our foremost priority. We are dedicated to helping you achieve your trading goals and providing the necessary resources and support to navigate the financial markets.
Clause Complaints in Complaints
Read from the broker's site on Open the reference
Set against a regulated standard: FSCA (South Africa), FCA (UK)

Firms authorised by the FSCA must run an internal complaints procedure and tell clients they can take an unresolved complaint to the FAIS Ombud. This page names neither.

QUANT TEKEL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Quant Tekel treats every email, chat and call with you as confidential, and you agree not to publish any part of it. A separate clause does protect your right to leave an honest review.

Why this matters

Posting the message that refused your payout still breaches the confidentiality clause. The review protection sits in a different clause and does not reach it.

Exhibit 15WarningRarely seen

By using our site and engaging in our Service, you agree that you will not disclose, share, publish, or otherwise make public any part of these communications without the prior written consent of Quant Tekel LLC.
Clause Confidentiality of Communications in Terms of Service (QT Funded)
Read from the broker's site on Open the reference

Our readingA confidentiality duty that runs only against the customer, covering the firm's own support messages, removes the evidence a customer would need to show what happened.

The website sells a broker the licence does not cover

Quant Tekel's About page claims 180+ countries and over 60,000 traders. The footer of the same site limits its FSCA licensed brokerage to Africa and Asia. The same page welcomes news trading, and the programme rules ban it around every restricted event.

Reach and rules1 clause flagged

Quant Tekel's About page tells you news trading is no problem. The prop programme rules ban opening or closing any position in a 10 minute window around restricted news events.

Why this matters

One trade placed near a data release can fail an evaluation you paid for. The page that sold you the account said the opposite.

Exhibit 7WarningHarder than usual

Trading is prohibited during the following period: Five (5) minutes before a restricted news event. Five (5) minutes after a restricted news event.
Clause 1.2 High-Impact News Trading in Terms of Service (QT Funded)
Read from the broker's site on Open the reference
Our own capture of quanttekel.com, taken on Aug 25, 2026The claim, on About page, No Trading Restrictions panelVisit this page on the broker's siteDownload the full size image file
Our own capture of qtfunded.quanttekel.com, taken on Aug 25, 2026What the contract says, clause 1.2 High-Impact News TradingVisit this page on the broker's siteDownload the full size image file

The price list is only sent after you are onboarded

Quant Tekel charges monthly and annual wallet fees set in a document called Quant Tekel Fees and Charges, which reaches you only once identity checks pass. The contract lets Quant Tekel deduct any fee from your balance at any time without notice. An unpaid invoice carries a 10% late fee after 30 days.

Cost disclosure2 clauses flagged

Quant Tekel charges monthly and annual fees for holding the wallet. The price list, called Quant Tekel Fees and Charges, only reaches you once its identity checks are finished to its satisfaction.

Why this matters

You agree to fees you cannot read first. The contract also lets Quant Tekel take them from your balance at any time without telling you.

Exhibit 9WarningHarder than usual

You accept that We apply periodic service charges (annual and monthly) for the maintenance and administration of Quant Tekel Wallet. To check Our periodic service charges, please refer to Quant Tekel Fees and Charges.
Clause Opening of Quant Tekel Wallet in Quant Tekel Cards Terms and Conditions & AML Policy
Downloaded from the broker's site on Open the reference
Our own capture of quanttekel.com, taken on Aug 25, 2026The claim, on About page, Transparent Pricing panelVisit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must show a retail client the costs and charges before the client commits money. This contract sends the price list after the checks are done.

QUANT TEKEL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 11The dormancy fee that can drain a balance to zero is set in the same price list you cannot see before you sign up.

If your balance cannot cover a fee, Quant Tekel invoices you and gives you three business days to pay. An invoice more than 30 days past due carries a 10% penalty.

Why this matters

A shortfall of a few dollars can turn into a debt Quant Tekel chases. The contract puts the debt collection costs on you as well.

Exhibit 10WarningHarder than usual10%

We reserve the right to apply a 10 % late-payment fee in case invoice issued to You under this Agreement is over thirty (30) days past due. All bank transfer fees and charges related to payment of Our invoices shall be borne by You.
Clause 5.5 in Quant Tekel Cards Terms and Conditions & AML Policy
Downloaded from the broker's site on Open the reference

What it costsA $500 invoice left 30 days past due grows by $50 under the 10% late fee.

The advertised payout cycle is shorter than the rules allow

Quant Tekel advertises a 4 day payout cycle on its QT Instant accounts. Its Terms of Service require five separate trading days before a withdrawal request can be submitted. A consistency rule then blocks the payout if any single day produced more than 25% of your profit.

Getting paid1 clause flagged

The QT Instant card advertises a 4 day payout cycle. The Terms of Service require five separate trading days before you may even submit a withdrawal request.

Why this matters

You cannot ask for money on the cycle you were sold. A second rule blocks the payout if one good day made more than 25% of your profit.

Exhibit 8WarningHarder than usual5 days

A minimum of five (5) separate trading days must be completed before a withdrawal request may be submitted.
Clause 6. Instant Funded Accounts in Terms of Service (QT Funded)
Read from the broker's site on Open the reference

Giveaway winners advertise before Quant Tekel pays them

Quant Tekel withholds payout on a giveaway account until the winner publishes one social media post per $1,000 of account value. A $50,000 account needs 50 posts, each tagging Quant Tekel and staying up for 30 days. The hold lasts until the posting is done.

Paid in posts1 clause flagged

Win a giveaway account and Quant Tekel holds your payout until you advertise it. A $50,000 account needs 50 social media posts, tagged and left up for 30 days.

Why this matters

Money you earned is held back until you do unpaid marketing. The contract sets no limit on how long that hold lasts.

Exhibit 16WarningRarely seen50

Giveaway account winners must publish a minimum number of social media posts promoting Quant Tekel to be eligible for payout. The required number of posts is calculated as one (1) post per $1,000 USD of the evaluation account value (e.g., a $50,000 evaluation account requires a minimum of 50 posts).
Clause Giveaway Account Winner Obligations in Terms of Service (QT Funded)
Read from the broker's site on Open the reference

What it costsA $100,000 giveaway account requires 100 posts under the one post per $1,000 rule.

Our readingPayout conditioned on the customer's own advertising is a marketing arrangement, not a trading rule. It ties money you earned to promotional work with no fee attached.

Four companies, three countries, one London arbitration

Quant Tekel's documents name four companies as your counterparty: Quant Tekel (Pty) Limited in South Africa, Quant Tekel LLC Limited and Quant Tekel SVG in St. Vincent, and Quant Tekel LTD in London. The brokerage terms then send every dispute to arbitration seated in London, under English law, for clients the firm says are in Africa and Asia.

Who and where1 clause flagged

Quant Tekel (Pty) Limited holds a South African licence and serves Africa and Asia. Its Terms and Conditions put every dispute under English law, with arbitration seated in London.

Why this matters

Bringing a claim means arbitrating in London, in English, before one arbitrator. Quant Tekel keeps the option of suing you at home, and you do not get the same choice.

Exhibit 12WarningRarely seen

These Legal Terms are governed by and interpreted following the laws of England and Wales, and the use of the United Nations Convention of Contracts for the International Sales of Goods is expressly excluded.
Clause Governing Law in Terms & Conditions
Read from the broker's site on Open the reference
Set against a regulated standard: FSCA (South Africa)

Firms authorised by the FSCA must give South African clients a route to the FAIS Ombud, a free complaints scheme. These terms name no ombud and send disputes to arbitration in London.

QUANT TEKEL is not licensed by this regulator, so this is a comparison of practice, not a finding of any breach.

Our readingThe forum clause runs one way. You must go to England and Wales, while Quant Tekel may pick your country instead, which is a choice only one side of the contract holds.

  • Worse together with Exhibit 13Arbitration in London is the only published route to a decision, because the complaints page sets out no procedure at all.

Complaining is what freezes the money you are owed

Quant Tekel can retain disputed funds until the dispute is settled, with no outer limit on the wait. After you close the account, its checks can run for 180 days from the termination date. During either hold you cannot withdraw or transfer.

Frozen funds1 clause flagged

Quant Tekel can hold the funds in dispute until the dispute is settled. After you close the account, its checks can run for 180 days before your money moves.

Why this matters

Raising a complaint is what freezes the money you are complaining about. Nothing in the contract caps how long that freeze lasts.

Exhibit 17WarningHarder than usual180 days

You accept that in case of dispute between You and Us We reserve the right to retain disputable funds until respective dispute is settled. In such a case You may be limited in disposal of funds held on Your Quant Tekel Wallet, including withdrawals and outgoing transfers.
Clause Complaints and disputes in Quant Tekel Cards Terms and Conditions & AML Policy
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must return client money promptly once the relationship ends. This contract allows 180 days of checks after termination.

QUANT TEKEL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Six months of silence starts a fee that runs to zero

Quant Tekel applies a monthly dormant account fee after six months of inactivity. It keeps charging until the balance reaches zero or you use the wallet again. After one year with no transactions, Quant Tekel can close the wallet outright.

In plain words

Dormancy means an account left unused.

Dormancy1 clause flagged

Stop using the wallet for six months and a monthly dormancy fee starts. Quant Tekel keeps charging it until your balance reaches zero or you use the wallet again.

Why this matters

A small balance you left behind can be charged away to nothing. The amount sits in a price list the contract never publishes, so you cannot work out how long it lasts.

Exhibit 11WarningHarder than usual

After six (6) months of inactivity We apply dormant account fee, as detailed in Quant Tekel Fees and Charges, to be charged by Us on a monthly basis until Balance of Your Quant Tekel Wallet reaches 0 (zero) or You resume Your activity with Quant Tekel Wallet.
Clause Opening of Quant Tekel Wallet in Quant Tekel Cards Terms and Conditions & AML Policy
Downloaded from the broker's site on Open the reference

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
After 6 months of inactivityA monthly dormant account fee starts.Opening of Quant Tekel Wallet
Every month after thatQuant Tekel charges the fee again until your balance reaches zero.Opening of Quant Tekel Wallet
After 1 year with no transactionsQuant Tekel can close the wallet and end the agreement.Termination & Closure of Quant Tekel Wallet

The cards contract was copied and never filled in

Quant Tekel's cards terms still contain COMPANYNAME, COUNTRY and REGISTRATIONNUMBER where a company should be named. They route complaints to a Bank of United Kingdom that does not exist, then to the Central Bank of Cyprus, a country Quant Tekel says it does not serve. One clause names an unrelated firm, SongsWalle.

Unfinished paperwork1 clause flagged

Quant Tekel's cards terms still name COMPANYNAME in COUNTRY with registration number REGISTRATIONNUMBER. They send complaints to a Bank of United Kingdom, then to the Central Bank of Cyprus.

Why this matters

The document governing your wallet was never finished. You cannot use a complaints route that points at a regulator in Cyprus, a country Quant Tekel says it does not serve.

Exhibit 14WarningRarely seen

COMPANYNAME, a company registered in the COUNTRY with registration number REGISTRATIONNUMBER and registered address FULLADDRESS (“Quant Tekel”, “QuantTekel.com”, “we”, “us”, “our”).
Clause Cookies Policy in Quant Tekel Cards Terms and Conditions & AML Policy
Downloaded from the broker's site on Open the reference

Our readingUnfilled template fields and another company's name inside a published contract mean the terms were copied rather than drafted. Nobody reading them can tell which clauses were meant to apply here.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

Quant Tekel advertises 180+ countries and limits its licensed brokerage to two continents in its own footer.

Said in public, in English

Founded in 2024 and headquartered in South Africa, we’ve quickly grown into a trusted global brokerage, serving over 60,000 traders across 180+ countries.

About page, Who Are We section

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of quanttekel.com

In the contract · clause Jurisdictional Notice

Quant Tekel (Pty) Ltd offers brokerage and CFD services only to clients located in Africa and Asia, in accordance with its FSCA license. We do not offer or solicit brokerage services in the United Kingdom, European Union, United States, or any other restricted or sanctioned jurisdiction.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of quanttekel.com

02

The footer says you contract with Quant Tekel SVG and not Quant Tekel Ltd, while the contract on the same site names Quant Tekel LTD as the supplier.

Said in public, in English

All QTFunded services are provided by Quant Tekel SVG (St. Vincent and the Grenadines), an offshore entity. Customers contract with Quant Tekel SVG, not Quant Tekel Ltd.

Footer of the evaluation programs page

In the contract · clause Payment Processing by Odeonpay ALE S.R.L

The Supplier is Quant Tekel LTD. Payments are settled via Odeonpay ALE S.R.L. (“Paysagi”), acting solely as Merchant of Record for transaction settlement purposes.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of qtfunded.quanttekel.com

03

The About page welcomes news trading and the programme rules ban it in a 10 minute window around restricted events.

Said in public, in English

Trade exactly how you want. Scalping? Welcome. EAs? Encouraged. News trading? No problem.

About page, No Trading Restrictions panel

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of quanttekel.com

In the contract · clause 1.2 High-Impact News Trading

Trading is prohibited during the following period: Five (5) minutes before a restricted news event. Five (5) minutes after a restricted news event.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of qtfunded.quanttekel.com

04

The About page promises no hidden fees, and the price list holding the monthly charges is only sent after identity checks are complete.

Said in public, in English

What you see is what you get. No hidden fees, no requotes, no games. Just honest, competitive pricing on every single trade.

About page, Transparent Pricing panel

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of quanttekel.com

In the contract · clause Opening of Quant Tekel Wallet

You accept that We apply periodic service charges (annual and monthly) for the maintenance and administration of Quant Tekel Wallet. To check Our periodic service charges, please refer to Quant Tekel Fees and Charges.

05

The card advertises a 4 day payout cycle and the contract requires five trading days before a request can even be made.

Said in public, in English

Payout cycle 4 days

QT Instant pricing card on the evaluation programs page

In the contract · clause 6. Instant Funded Accounts

A minimum of five (5) separate trading days must be completed before a withdrawal request may be submitted.

The documents this reading is based on

7 files, all published by QUANT TEKEL. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording QUANT TEKEL publishes.

How this reading was done

Every clause above was read out of a document QUANT TEKEL publishes itself

This reading was published on .

Documents
4 of 7downloaded from the broker's site, and 4 read in full
Pages opened
27pages walked to find those documents, footer links included
Older copies
7earlier versions downloaded
Marketing pages
6public pages set against what the contract says

Who the contract is with

Quant Tekel (Pty) Limited

For brokerage, the Terms and Conditions name Quant Tekel (Pty) Limited, registered in South Africa at 60 Noll Avenue Gatesville, Cape Town, and authorised by the FSCA under FSP number 53227. For a paid prop evaluation you contract with somebody else, and the documents do not agree on who. The QT Funded Terms of Service open by naming Quant Tekel LLC Limited in St. Vincent and the Grenadines, then say the supplier is Quant Tekel LTD. The footer of the same site says customers contract with Quant Tekel SVG and not Quant Tekel Ltd. The quanttekel.com footer names a fourth version, Quant Tekel LLC, 3984 LLC 2025, and calls Quant Tekel Ltd of Canary Wharf a payment agent only. The FSCA licence covers the South African brokerage company. It does not reach the offshore entity that takes your evaluation fee.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

The cards terms are the strongest document Quant Tekel publishes. They give you two months notice before any change and a free exit if you refuse it. They give you three months to complain and promise a reply inside 15 business days. They also commit to holding wallet funds in a segregated bank account, separate from company money. The prop rules publish full drawdown and exposure numbers with worked examples, which many evaluation firms never do.

We did not read the Privacy Policy or the Quant Tekel Cards Privacy Policy, so nothing here rests on them. The legal index page at quanttekel.com/legals/ returns a 404, and we did not read the March 2025 archived copy of it. We read the cards terms in part: the file runs past 200,000 characters, so we read the opening and then opened the fee, complaints, governing law, termination, amendment and liability sections on Quant Tekel's own page. We found the QT Funded Terms of Service ourselves at qtfunded.quanttekel.com, where the walk of quanttekel.com had not reached it, and read it end to end. Older copies exist for seven documents. We compared only the opening of the cards terms, which was unchanged, and we did not read the other older copies, so we filed no change rows.

How to check any of this yourself

Every quote above links to the QUANT TEKEL file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document QUANT TEKEL publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge QUANT TEKEL on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Aug 25, 2026.

If you represent QUANT TEKEL and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on QUANT TEKEL. Whether its licence is real and current is a separate check on the broker profile.

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