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Licence record

QUANT TEKEL: FSCA licence 53227

Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
Licence type
Market Making(MM)

This is Wikilix's record of a licence issued by Financial Sector Conduct Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Sep 10, 2026

Licence Verification Record

Financial Sector Conduct Authority 53227

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
QUANT TEKEL Pty Ltd
Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
Licence type
Market Making(MM)

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/quant-tekel/licenses/financial-sector-conduct-authority/53227Fields on file 2 / 11

Open QUANT TEKELAll QUANT TEKEL licencesAbout FSCA
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 2
Jurisdiction
South Africa
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
53227
Licence type (Wikilix classification)
Market Making(MM)
The authority

About FSCA

Financial Sector Conduct Authority is the authority that issued this licence, and the jurisdiction it applies in is South Africa.

Full name
Financial Sector Conduct Authority
Jurisdiction
South Africa
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
1991
Oversight
A government or statutory body
Firms we track under it
19 firms
Regulates
Forex, Bond, Stocks, Fund, Derivatives, CFD
Licences it issues
ODP Category IIA – Principal & Agency OTC Derivatives
Typical cost of a licence
USD 50,000-100,000 + ~USD 270k capital
Public register
Searchable by the public
Transparency
High

FSCA is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

FSCA's own rules for the firms it authorises.

  • Compensation schemeUp to ZAR 500,000
  • Complaints routeFSCA Dispute Resolution
  • Maximum leverage1:30
This describes the authority's regime, not how QUANT TEKEL applies it.
The holder

Who holds this licence

The licence above is recorded against QUANT TEKEL. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
QUANT TEKEL Pty Ltd
Based in
South Africa
Wikilix score
41.6the firm’s overall score, not a rating of this licence

Wikilix has flagged QUANT TEKEL as a suspected clone of another firm. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
QUANT TEKEL offers a maximum leverage of 100:1. This leverage level allows traders to control larger positions with a smaller amount of capital.
The minimum deposit amount for QUANT TEKEL is 200 USD. This applies to their trading accounts and is consistent across supported deposit methods.
QUANT TEKEL supports deposits and withdrawals via credit/debit cards, bank wire transfers, cryptocurrencies, and e-wallets like Paytiko and PayPal. Deposits via cards and e-wallets are mostly instant, while bank transfers take 1-5 business days. Withdrawals over $100 generally have no fees and processing times vary by method.
QUANT TEKEL offers the MetaTrader 5 platform for desktop users. MetaTrader 5 is a multi-asset platform supporting Forex, stocks, and futures trading with advanced analytics and algorithmic trading tools.
QUANT TEKEL is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. The FSCA is a government regulator with a high transparency level and provides client fund insurance up to ZAR 500,000. However, WIKILIX classifies QUANT TEKEL as a suspicious clone, so users should exercise caution.
Licence 53227 was issued by Financial Sector Conduct Authority (FSCA), the financial authority for South Africa.
QUANT TEKEL holds this FSCA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the FSCA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates FSCA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
Yes, FSCA is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
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