Is QUANT TEKEL safe and legit？ Full review
QUANT TEKEL is a broker based in South Africa, established in 2024 and regulated by the Financial Sector Conduct Authority (FSCA). It offers four account types — Elite, Plus, Standard, and Fix API — with minimum deposits ranging from $200 to $50,000 and maximum leverage of up to 1:500. Trading is available on the MT5 platform under a full MT4/5 license, with PC support but no mobile applications. Customer service is provided in three languages, including English, through email and social channels, although response times may be lengthy. Among its advantages, the broker highlights its FSCA regulation, its full MT4/5 trading platform license, and its multiple account types, while the noted drawbacks include multiple disclosures and the absence of biometric login such as fingerprint or Face ID.
Regulatory Compliance and Security
QUANT TEKEL operates under the supervision of the Financial Sector Conduct Authority in South Africa. The regulated entity is QUANT TEKEL (PTY) LTD, which holds regulation number 53227, and the broker's safety level is Level 1.
Account Type
QUANT TEKEL offers 4 types of accounts:
Trading software
QUANT TEKEL uses the MT5 trading platform and supports PC. The platform carries a full MT4/5 license, and the software experience is rated as perfect. It offers a high degree of customization, multiple languages, and clear expense reports, but it lacks two-step login and biometric authentication.
MT4/5 Server Distribution:
- QuantTekel-Demo (United Kingdom)
- QuantTekel-Demo (Hungary)
- QuantTekel-Server (Bulgaria)
Customer Service
QUANT TEKEL's customer service supports 3 languages. You can reach the team through email and social messaging channels, which cover most inquiries, though response times may be lengthy.
Influence
QUANT TEKEL holds an influence rating of A, with an average influence index of 7.19. Its influence is mainly distributed across the United Arab Emirates, Austria, Belgium, Canada, Switzerland, Colombia, Germany, Dominica, France, and the United Kingdom.
1-2 years
