Quant Tekel Supported and Restricted Countries

Last Updated on March 7, 2026

Having a deep knowledge of Quant tekel supported and restricted countries is absolutely mandatory, especially for ambitious traders who want to join this specific prop firm in 2026. Specifically, Quant Tekel (formerly known as AscendX Capital) operates as a hybrid proprietary trading firm and brokerage. Because they provide traders with massive capital access, they strictly enforce geographical compliance to protect their licenses.

In this comprehensive guide, we will actively delve into the exact Quant tekel supported and restricted countries, thoroughly examine their current trading conditions, and highlight the critical rules you must navigate to achieve financial freedom.

Overview of Quant Tekel in 2026

To begin with, the founders officially launched Quant Tekel in October 2023 after successfully rebranding from AscendX Capital. Today, it provides retail traders with elite trading capital, industry-leading profit splits, and exceptional server conditions.

Legally, the firm operates strictly under QUANT TEKEL Pty Ltd in South Africa (registration number 2021/321922/07), with Tanswell Sassman leading as the CEO. Geographically, Quant Tekel’s global headquarters proudly sits at 60 Noll Avenue, Gatesville, Cape Town, Western Cape, 7764, South Africa.

Characteristics of Quant Tekel

• Trading Platforms: cTrader, DXTrade, MetaTrader 4/5, and Trade Locker.

• Available Instruments: Forex pairs, Crypto, global Indices, and Commodities.

• Maximum Capital Allocation: Up to $400,000 per trader.

• Scaling Potential: Massive growth plans up to $2,000,000.

• Profit Share Structure: Traders keep up to 90% of their gains.

• Broker Commission: $4 per round lot.

Defining the Quant Tekel Supported and Restricted Countries

Undoubtedly, regulatory compliance dictates where a prop firm can legally operate. Therefore, understanding the precise Quant tekel supported and restricted countries will save you from accidentally purchasing an evaluation you cannot legally use.

1. The Broad Range of Supported Regions

Fortunately, Quant Tekel actively supports traders in over 180 countries globally. Because they offer a highly supportive community and innovative tools, this incredibly broad reach allows traders from diverse global regions to access their prop trading accounts and traditional brokerage services seamlessly.

2. The Strict List of Restricted Nations

On the other hand, the firm explicitly restricts access from specific nations due to severe regulatory and international compliance issues. Consequently, the official list of Quant tekel supported and restricted countries strictly prohibits users residing in the following regions:

• Iran

• Iraq

• North Korea

• Pakistan

• Russia

• Cuba

• Syria

Generally, these restrictions align closely with global OFAC sanction lists (Office of Foreign Assets Control). Therefore, the firm cannot legally process payouts to citizens of these blocked nations.

Platform Limitations Within Quant Tekel Supported and Restricted Countries

Furthermore, even if your country officially passes the general background check, you might still face platform-specific software bans. Recently, major tech crackdowns forced prop firms to alter their platform offerings geographically.

Specifically, the firm strictly enforces the following software restrictions:

• United States: Banned from using MetaTrader 5 and cTrader.

• Canada: Banned from using MetaTrader 5.

• Russia: Banned from using MetaTrader 5.

However, traders navigating these specific geographical limitations can safely carry out their daily trades using the integrated DXTrade platform or Trade Locker. If you struggle to adapt to these new platforms, utilizing a professional prop firm passing service can effectively help you secure your initial funding while you adjust your strategies.

Strict Trading Conditions and Account Rules

Besides geographical limits, Quant Tekel strongly enforces specific rules to ensure a fair, responsible trading environment. Disclaimer: Prop trading carries immense risk, and failure to follow these rules will result in immediate account termination.

• Maximum Risk Limits: You cannot aggressively risk more than 3% of your total account balance at any given moment.

• News Trading Restrictions: You are completely forbidden from opening or closing positions exactly 5 minutes before and 5 minutes after major, high-impact macroeconomic news events.

• Prohibited Strategies: You must never use Arbitrage Trading, Latency trading, Tick scalping, High-frequency trading (HFT), Reverse trading, Group hedging, or unauthorized Account management services. To trade safely, you must utilize verified fund management strategies.

Additionally, the firm dynamically scales your leverage depending on the specific asset class you trade:

• Forex Pairs: 1:100

• Gold and Indices: 1:20

• Cryptocurrencies: 1:2

Understanding International Trade Restrictions

Interestingly, the geopolitical reasons behind Quant teke l supported and restricted countries tie directly into broader macroeconomic policies. Globally, Quantitative Restrictions (QRs) act as government-imposed limits on the financial value of goods or services (including digital financial services) that nations can import or export.

Consequently, when governments impose total prohibitions or strict licensing requirements for national security or balance-of-payments difficulties, international brokerages must instantly block those regions to avoid massive legal penalties. This is exactly why prop firms frequently update their restricted lists based on current global affairs.

Payout Methods and Commission Structures

Once you successfully navigate the rules and secure profits, Quant Tekel smoothly offers two highly efficient payout methods:

1. Rise (A streamlined contractor payment platform)

2. Cryptocurrency (USDT/BTC for fast global transfers)

Importantly, the minimum withdrawal amount firmly sits at $110. Regarding fees, the firm charges a highly competitive commission of $4 per round lot across all instruments. However, you must actively monitor your swap fees, as the broker heavily triples these charges if you stubbornly hold open positions over the weekend.

Frequently Asked Questions (FAQs)

Why does Quant Tekel restrict certain countries?

Primarily, severe restrictions exist due to international regulatory compliance issues and strict legal standards. Because international financial laws constantly shift, foreign financial services firms cannot legally operate within heavily sanctioned jurisdictions.

How can I easily verify if my country falls under Quant tekel supported and restricted countries?

You can quickly check your official eligibility by visiting the official Quant Tekel website. Furthermore, you should constantly review their updated Terms of Service for the most accurate, real-time list of supported and restricted regions in 2026.

What should I immediately do if my country is restricted?

If your geographical location currently sits on the restricted list, you should actively explore other tier-one proprietary trading firms. Fortunately, many alternative platforms hold different broker licenses that may offer identical funding opportunities without those specific geographical limitations.

Conclusion

In conclusion, Quant Tekel fiercely establishes itself as a prominent prop firm and brokerage in 2026. By providing retail traders with elite capital and advanced software, they offer massive opportunities for financial growth. While they broadly support over 180 countries, you must actively verify the exact Quant tekel supported and restricted countries before paying for an evaluation. Ultimately, understanding their strict platform limitations, unique risk management rules, and geopolitical boundaries ensures you can safely pursue your trading ambitions within a highly compliant, legal framework.