ForexQ.com
FINANCIAL INSTITUTION INFORMATION PLATFORM

Review verifiable information about forex brokers, banks, fintechs, crypto exchanges and payment providers in one place.

Verify with the source.Wherever possible, information is matched against official registers and primary sources.
When was it checked?We clearly show when each critical piece of data was last checked.
Know the type of information.We classify user complaints, company statements and official records separately.
RECENTLY ADDED

Recently Added Institutions

The latest institution profiles added to ForexQ.com.

HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

Quant Tekel

Broker · South Africa

About the company

Legal company nameQuant Tekel (Pty) Ltd · Quant Tekel LLC · Quant Tekel Ltd
Year founded—
Headquarters / registered countryCape Town, South Africa
Websitequanttekel.com
Last checked10.10.2026

According to its official website, Quant Tekel (QT) is a forex and CFD broker. Brokerage services are provided by Quant Tekel (Pty) Ltd, registered in South Africa (2021/321922/07) and based in Cape Town (60 Noll Avenue, Gatesville); the site states that the company is authorised by the FSCA (FSP 53227) and, under its FSCA licence, serves only clients in Africa and Asia, without offering brokerage in the United Kingdom, the EU, the US or other restricted countries. The firm offers more than 80 currency pairs and crypto, share, commodity and index CFDs on MT5, cTrader, TradeLocker and FIX API, and lists Standard (200 USD), Plus (5,000 USD), Elite (50,000 USD) and FIX API (5,000 USD) accounts, with leverage of up to 1:500. As a separate activity, simulated prop trading evaluation programmes are offered under the QT Funded brand (qtfunded.com); the site states that these programmes are provided by Quant Tekel LLC, that payments are collected through Quant Tekel Ltd, registered in the United Kingdom (15923693), and that they are not regulated brokerage services. This information is the company's own statement.

Account Details

ACCOUNT TYPESStandard · Plus · Elite · FIX API
MIN. DEPOSIT200 USD (Standard)
PLATFORMSMetaTrader 5 · cTrader · TradeLocker · FIX API
PRODUCTSForex · Crypto CFDs · Share CFDs · Commodities · Indices
LEVERAGEUp to 1:500

Licences and regulation

FSCA (South Africa)

Licence no.FSP 53227
Licence holderQuant Tekel (Pty) Ltd
ScopeListed in the FSCA register as an authorised (Authorized) financial services provider under Quant Tekel (Pty) Ltd (FSP 53227); authorised since 18 Dec 2023; approved product classes: derivative instruments, shares, bonds, money market instruments and collective investment schemes.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: August 2025 – October 2026

  • Withdrawal / payment: 56
  • Account / trading conditions: 19
  • Customer support: 6
  • Identity verification: 2
  • Other: 2
  • Bonus / promotion: 1

HIGH — COMPLAINT LEVEL

29% of institutions with complaint records received more complaints than this one.

BY TOPIC — Withdrawal / payment: Very high · Account / trading conditions: High · Customer support: High · Identity verification: High · Other: Medium · Bonus / promotion: Very high

SOURCES REVIEWED

The complaint distribution is based on the latest 1-star reviews on Quant Tekel's Trustpilot page (84) and WikiFX (2) records as of 10 October 2026; one person's reviews count once, and records about fake sites and third parties using the Quant Tekel name are left out. Across the complaints, rejected or delayed payout requests in the QT Funded evaluation programme, allegations of accounts being closed over rule breaches and unanswered support requests stand out.

Sources and verification history

Official company sourcesquanttekel.com — homepage, account types, platforms and footer (authorisation notice, prop trading and payment information)
Regulator recordsFSCA — Quant Tekel (Pty) Ltd, FSP 53227 (fsca.co.za)
Company registerCIPC (Companies and Intellectual Property Commission) — Quant Tekel (Pty) Ltd, 2021/321922/07
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified10.10.2026

File a Complaint