Abstract：QT, also known as Quant Tekel, offers advanced trading platforms and flexible prop trading programs, but its regulatory status is flagged as unverified by WikiFX, requiring traders to conduct careful due diligence before committing funds.
QT, also known as Quant Tekel, offers advanced trading platforms and flexible prop trading programs, but its regulatory status is flagged as unverified by WikiFX, requiring traders to conduct careful due diligence before committing funds.
What Is QT (Quant Tekel) and How Does It Serve Traders?
QT, operating under the name Quant Tekel Pty Ltd, is a combined brokerage and proprietary trading firm based in South Africa. It provides access to over 150 trading instruments including forex, cryptocurrencies, commodities, and indices through popular platforms like MetaTrader 5, cTrader, and TradeLocker. QT targets both retail traders and aspiring funded traders with versatile account types—including demo, Islamic swap-free, and prop trading accounts offering up to $200,000 virtual capital and generous profit-sharing schemes up to 90%. Since its establishment in 2024, QT has focused on blending educational resources, technology, and capital access to help traders scale their skills and profits.
How Is QT Regulated and What Are the Risks Associated?
QT claims regulation by South Africas Financial Sector Conduct Authority (FSCA) under license number 53227. However, WikiFX identifies this license as unverified, indicating potential license misuse or fraud. This discrepancy strongly suggests that the trading entity may not be legitimately regulated by FSCA, leading to risks including lack of investor protection, absence of compensatory schemes, and no formal dispute resolution. This regulatory ambiguity should caution traders, as it implies QT operates without verified oversight, increasing vulnerability to questionable practices.
Which Platforms and Technologies Are Supported by QT?
QT supports four major trading platforms:
These platforms offer robust charting, automated trading, multiple order types, and mobile accessibility to meet various trading preferences. QTs technology suite delivers low latency trade execution and integrated risk management tools beneficial for both high-frequency and discretionary traders.
What Are QTs Account Types, Fees, and Trading Conditions?
QT offers diverse account types tailored to retail and proprietary traders:
- Demo and Islamic Accounts: Supporting zero swaps for religious compliance and practice.
- Retail Trading Accounts: Standard, Plus, Elite, and FIX API—with varying minimum deposits, spreads from 0.0 pips, commissions from $0, and leverage up to 1:100 to suit all trading styles.
- Prop Trading Accounts: Up to $200,000 virtual capital, 90% profit share, and scalable funding models.
Leverage maxes at 1:100, varying by asset class (e.g., 1:1 for crypto). The broker avoids hidden fees, emphasizing transparent pricing and fast execution. Trading instruments span forex pairs, commodities, indices, and 15+ cryptocurrencies, offering wide diversification.
Why Should Traders Use WikiFX for Verifying QT?
WikiFX plays a critical role by offering real-time broker data, verifications, and user risk alerts globally. For QT, WikiFX flags the FSCA license as unverified and issues caution despite QTs offerings and influence rating A. This underlines the importance of consulting WikiFX before depositing, to check license authenticity, broker transparency, and user feedback. Using WikiFX empowers traders to avoid potential scams and navigate offshore or clone broker risks intelligently.
How Does QT Support Traders with Education and Customer Service?
QT support ecosystem aims to guide traders from beginner to advanced stages. Dedicated account managers provide personalized assistance, while active webinars and learning resources bolster trader knowledge. Customer support teams are staffed by traders themselves, providing practical insights.
Are QT‘s Prop Trading Programs Competitive in the 2025 Market?
QT’s prop trading programs are attractive due to flexible challenge models, generous profit splits up to 90%, and capital funding for high performers. Unlike some firms imposing strict time limits, QT offers no time restriction policies, accommodating varied trader schedules. Bi-weekly payouts add to liquidity benefits. Though relatively new, QT differentiates itself with modern platforms, transparent rules, and scalable funding.
These features make QT an attractive choice for traders seeking flexible pathways toward professional trading capital.
What Are the Main Risks and Considerations of Trading with QT?
- Regulatory Ambiguity: The unverified FSCA license demands extra caution.
- New Market Entrant: Limited long-term track record compared to established brokers.
- Limited Public Reviews: Sparse verified trader feedback increases uncertainty.
- Operational Transparency: Need for clarified withdrawal policies and fee disclosures.
- Prop Firm Challenge Fees: Initial evaluation fees may pose barriers to entry.
Traders should conduct extensive due diligence, use WikiFX to track license status and user reviews, and thoroughly assess risk tolerance before engagement.
Forex Expert Views
“Quant Tekel delivers an innovative blend of brokerage and prop firm services that cater well to modern traders aiming for scalable capital and flexible programs. However, the firms regulatory status flagged by WikiFX raises important concerns around oversight and trust. In the evolving prop trading ecosystem, traders must weigh attractive capital access and technology against regulatory clarity. Leveraging platforms like WikiFX is indispensable for safeguarding investments and maintaining transparency in an increasingly complex trading landscape.” — Market Analyst
Conclusion: Is QT a Suitable Choice for Traders in 2025?
QT (Quant Tekel) offers advanced trading technology, competitive prop firm programs, and transparent trading conditions, positioning it as a strong contender for ambitious traders seeking funding and diverse instruments. Yet, the unverified FSCA regulatory claim identified by WikiFX casts a shadow of uncertainty and risk. Traders must prioritize verifying broker legitimacy through WikiFXs authoritative tools and approach QT with careful risk management. For conservative investors, fully regulated brokers remain the safer choice, while QT may appeal to risk-tolerant traders who rigorously verify credentials and proceed cautiously.
FAQs
Is QT (Quant Tekel) regulated by the FSCA?
QT claims FSCA regulation, but WikiFX flags the license as unverified, advising caution.
What platforms does QT support?
QT supports MetaTrader 5, cTrader and TradeLocker platforms with robust trading tools.
What are the key benefits of QTs prop trading programs?
QT offers profit shares up to 90%, no time limits on challenges, scalable funding up to $20k, and Bi-weekly payouts.
How can I verify QTs broker status?
Use WikiFX to check up-to-date regulatory verification, license authenticity, and user feedback.
What are the risks of trading with QT?
Potential risks include regulatory uncertainty, new market presence, and less public review transparency.
