Quant Tekel
Quant Tekel is a trading and CFD broker regulated by South Africa's FSCA, offering access to forex, cryptocurrencies, stocks, commodities, and indices through MetaTrader 5, cTrader, and TradeLocker.
About Quant Tekel
Quant Tekel: FSCA-regulated trading and CFD broker
Quant Tekel (Pty) Ltd is a regulated financial services provider (FSP No. 53227) authorised by the Financial Sector Conduct Authority (FSCA) in South Africa. The firm operates as a trading and contracts for difference (CFDs) broker and, according to its licence, offers its services exclusively to clients located in Africa and Asia. Its offering combines access to global markets, STP execution conditions, and a technology platform aimed at retail traders and introducing brokers (IBs).
Instruments and markets available
Quant Tekel's offering covers more than 150 instruments grouped into five families:
- Forex: over 80 currency pairs, with spreads from 0.0 pips and leverage up to 1:500. The firm states that it imposes no restrictions on scalping, hedging, or the use of expert advisors (EAs), and that it offers ultra-fast execution on major pairs.
- Crypto CFDs: over 60 cryptocurrencies, including Bitcoin and Ethereum, with 24/7/365 trading, leverage up to 1:10, and tight spreads on BTC from 8.0.
- Stock CFDs: over 150 global stocks, with fractional trading, extended hours, leverage up to 1:10, and no stamp duty or complex paperwork.
- Commodities: precious metals and energy products, with professional spreads (gold from 10, crude oil from 3), leverage up to 1:100, and no physical delivery.
- Indices: the world's major indices, such as US30, S&P500, FTSE100, and DAX40, with deep liquidity, nearly continuous access, and efficient portfolio hedging.
Trading platforms
Quant Tekel offers three main platforms, plus FIX API connectivity:
- MetaTrader 5: multi-asset platform with 21 timeframes, over 80 indicators, market depth view, integrated economic calendar, and full algorithmic trading support.
- cTrader: modern interface with Level II pricing, advanced order types, ultra-fast execution, powerful charting, cAlgo automation, cloud sync, and sentiment analysis tools.
- TradeLocker: sleek interface with real-time pricing, advanced order management, instant execution, integrated TradingView charts, intuitive mobile functionality, and smart risk controls.
Access is available on desktop, web, and mobile, and the firm also allows connection via FIX API for algorithmic traders and high-frequency strategies.
Account types and conditions
Quant Tekel's account structure is organised into four types, with different minimum deposits and conditions:
- Standard: minimum deposit of $200, spreads from 1.0 pips, no commissions, leverage up to 1:200. Aimed at new traders or those who prefer inclusive pricing.
- Plus: minimum deposit of $5,000, spreads from 0.0 pips, commissions of $3.5 per lot per side, leverage up to 1:200. Designed for experienced traders seeking raw spreads.
- Elite: minimum deposit of $50,000, spreads from 0.0 pips, commissions of $3 per lot per side, leverage up to 1:500. Aimed at experienced traders and high-volume strategies.
- FIX API: minimum deposit of $5,000, ultra-low latency, no volume requirement, and no monthly fees. Designed for algorithmic and high-frequency traders.
The firm highlights that it applies no hidden commissions or markups, and that client funds are held in segregated accounts at top-tier banks.
Execution, liquidity, and security
Quant Tekel operates as an STP broker with no dealing desk. According to its presentation, it aggregates orders from more than 20 banks and non-bank providers, and offers execution speeds of under 50 milliseconds thanks to institutional-grade infrastructure. The company states that client funds are segregated from corporate operations and protected in line with industry standards.
Deposits and withdrawals
Funding methods include cards (instant processing), bank transfer (1–2 business days), Paytiko (instant), and cryptocurrencies (in under an hour). As for withdrawals, the firm indicates same-day processing for requests made before 12:00 GMT, no fees on amounts over $100, and multiple methods available. Profits can be withdrawn at any time.
Partner programmes
Quant Tekel has two partner routes:
- Introducing Broker (IB): competitive rebates of up to $12 per lot, real-time reporting dashboard, marketing materials, and dedicated support.
- Affiliates: CPA and revenue sharing model, monthly payments, 120-day cookie duration, and professional tracking system.
Education and resources
The firm complements its offering with a trading academy featuring courses from beginner level to advanced strategies, daily technical and fundamental analysis, a series of weekly webinars, and professional Trading Central signals available at no cost for Prime and Elite account holders. It also offers video tutorials, a glossary, and a knowledge base.
Customer support
Quant Tekel provides 24/5 live support via chat, email, and phone, with a team the company describes as made up of traders. The firm also maintains dedicated channels for enquiries, complaints, and ticket opening.
Forex and CFD trading