For traders seeking to access institutional capital and showcase their skills, Quant Tekel stands out as a leading proprietary trading firm with global reach. However, due to regulatory and compliance requirements, not every country is eligible to participate.
Understanding Quant Tekel’s restricted countries is essential for aspiring prop traders to ensure smooth account setup and avoid compliance breaches that could jeopardize their trading ambitions.
Quant Tekel’s Restricted Countries to Keep an Eye On
Quant Tekel enforces strict compliance with international regulations by restricting access from certain countries. Currently, traders residing in Iran, Iraq, North Korea, Pakistan, and Russia (for MT5 accounts) are not permitted to use Quant Tekel’s services.
Additionally, users from the United States and Canada are restricted from accessing both MT5 and cTrader platforms.
Any attempt to connect to a non-allowed platform from a restricted country constitutes an immediate breach of account terms, resulting in instant account termination. These measures are in place to uphold legal and regulatory standards, ensuring a secure and compliant trading environment for all participants.
How Do Restricted Countries Impact my Ability to Access Prop Trading Accounts on Quant Tekel?
If you reside in a restricted country, you cannot open or maintain a prop trading account with Quant Tekel.
Attempting to access their platforms—especially MT5 or cTrader from the United States, Canada, or Russia—will result in immediate account termination for breaching compliance rules. These restrictions are strictly enforced to meet regulatory requirements, so traders from restricted regions must seek alternative firms or platforms to pursue prop trading opportunities.
What are the Key Risk Management Rules I Need to Follow as a Quant Tekel Trader from a Non-Restricted Country?
As a Quant Tekel trader from a non-restricted country, you must adhere to several key risk management rules to maintain your account and qualify for payouts. These include strict daily and overall loss limits—typically, a maximum daily loss of 3% and a total loss cap of 6% of your account balance during evaluations. You must also avoid risking more than 2% on any single trade for funded accounts.
Consistency is required, with minimum trading days and limits on large single-day profits. Trading during major news events and using prohibited strategies like arbitrage or high-frequency trading are not allowed. Inactivity for 30 days results in permanent account closure.
👉 Take a Closer Look at Rules to Consider while Choosing Quant Tekel.
Can Traders from Restricted Countries still Use Third Party Tools for Trade Journaling on Quant Tekel?
Traders from restricted countries are not permitted to use third-party trade journaling tools on Quant Tekel if those tools connect using an IP address from a restricted region.
While Quant Tekel allows the use of third-party journaling websites and applications, any connection originating from a restricted country—whether for trade logging, monitoring, or similar activities—will result in an instant breach of account terms and immediate termination. It is the trader’s responsibility to ensure all connections comply with these geographic restrictions.
Answering Common Queries You Might Have
Which countries are Restricted from using Quant Tekel?
Iran, Iraq, North Korea, Pakistan, Russia (MT5), United States (MT5/cTrader), and Canada (MT5) are restricted.
Can I use a VPN to access Quant Tekel from a Restricted Country?
No, using a VPN or any method to bypass restrictions is a breach and leads to instant account termination.
Are third-party Journaling tools allowed for Restricted Countries?
No, connections from restricted countries—even for journaling—are strictly prohibited and result in account closure.
Why does Quant Tekel Restrict certain Countries?
Restrictions are due to regulatory compliance and legal requirements in those jurisdictions.
Can U.S. Traders use any Quant Tekel Platform?
U.S. residents cannot use MT5 or cTrader platforms on Quant Tekel; access is strictly blocked.
What happens if I connect from a Restricted IP by Mistake?
Any connection from a restricted IP is an instant breach, resulting in immediate account termination.
End Note
Strict adherence to these regulations ensures account security and compliance with international laws.
By staying informed and following the guidelines, traders can focus on developing their skills and achieving success within a secure, compliant trading environment, while avoiding unnecessary breaches or disruptions to their prop trading journey.
