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QT

8.2 / 10 Overall Score

Website: https://quanttekel.com/
Jurisdiction: South Africa
Operating Since: 1-2 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: QUANT TEKEL Pty Ltd
Phone: —
Email: support@quanttekel.com
Address: 60 Noll Avenue Gatesville, Cape Town, Western Cape, 7764, South Africa

License Info: [{"监管状态": "FSCA Exceeded", "牌照信息": "South Africa Financial Service Corporate"}]

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# QT Company: Corporate and Regulatory Overview

## Company Overview

QT Company, specifically QTT Brokerage, Inc., operates primarily in the financial services sector, focusing on stock options and securities dealing. Founded in 1997, the company has established itself as a key player in the investment banking and securities dealing industry. QTT Brokerage is incorporated in the state of New York and is headquartered at 500 A Atlantic Ave, Brooklyn, NY 11217.

The company operates as a single entity and employs approximately two people. It is estimated to generate annual revenues of around $306,965, primarily through its brokerage services. The organization has been in operation for approximately 26 years, focusing on providing investment services to its clientele.

## Corporate Development

Since its inception in 1997, QTT Brokerage has maintained a consistent presence in the securities industry. While detailed historical milestones are not available, the company has been engaged in various aspects of financial services, including manufacturing, importing, and exporting related to its industry. The firm has remained stable in its operations, focusing on stock option dealings and maintaining its position in the competitive financial landscape.

## Corporate Structure and Subsidiaries

QTT Brokerage, Inc. is a single-entity operation without publicly listed subsidiaries or branches. The organization is led by Heather Hughes, who serves as the Vice President. The internal structure appears to be minimal, with a focus on maintaining efficient operations within its 1,800 square foot facility in Brooklyn, NY.

## Regulation and Compliance

QTT Brokerage is not currently accredited by the Better Business Bureau (BBB), which may influence its regulatory standing. The company was registered with the BBB on March 12, 2007, and holds a non-rated status. Specific regulatory licenses and compliance frameworks are not detailed in the available data; hence, further investigation may be necessary to ascertain the full extent of its regulatory adherence and client fund protection policies.

## Global Presence and Market Coverage

The primary geographic market served by QTT Brokerage is the United States, with its operations concentrated in Brooklyn, NY. The firm does not appear to have local branches or representative offices beyond its main facility. The company’s client demographic focuses on individuals and entities interested in stock options and securities trading.

## Financial and Operational Data

QTT Brokerage operates with a small workforce of approximately two employees. The annual revenue is estimated at $306,965, indicating a modest scale of operations within the financial services sector. The facility size is approximately 1,800 square feet, which reflects the company's focused approach to its brokerage services.

## Reputation and Industry Standing

The reputation of QTT Brokerage within the financial community is not extensively documented, and there are no publicly available reviews or ratings that provide insight into its standing. The lack of BBB accreditation may affect its credibility among potential clients and partners. Nonetheless, the company has maintained a stable operational history, which speaks to its ability to navigate the financial services landscape.

## Summary

In summary, QTT Brokerage, Inc. has established itself as a niche player in the investment banking and securities dealing market since its founding in 1997. While the company operates with a small team and modest revenue, its focused approach to stock options and securities trading maintains its relevance in the industry. The firm's regulatory standing, however, may require further scrutiny, particularly given its non-accredited status with the BBB. Overall, QTT Brokerage's operational integrity and market presence reflect its long-standing commitment to providing specialized financial services within its defined scope.

Account Types

# QT Account Types

QT broker offers a variety of account types to cater to different trading needs. Below is a summary of the available account types:

| Account Type | Minimum Deposit | Spreads/Commission Model | Leverage Limits | Trading Instruments | Base Currencies | Execution Model | Unique Features |
|--------------|-----------------|--------------------------|------------------|---------------------|------------------|------------------|------------------|
| Standard | Not specified | Not specified | Not specified | Not specified | Not specified | Not specified | Not specified |
| ECN | Not specified | Not specified | Not specified | Not specified | Not specified | Not specified | Not specified |
| Pro | Not specified | Not specified | Not specified | Not specified | Not specified | Not specified | Not specified |
| Demo | Not specified | Not specified | Not specified | Not specified | Not specified | Not specified | Not specified |
| Islamic | Not specified | Not specified | Not specified | Not specified | Not specified | Not specified | Not specified |

# QT Broker Account Opening Process

The account opening process for QT broker is as follows:

1. **Visit the Account Registration Page**: Navigate to the QT broker website to access the account registration section.
2. **Complete the Application Form**: Fill out the required information in the application form.
3. **KYC/Identity Verification**: Provide necessary documentation for KYC (Know Your Customer) verification to confirm your identity.
4. **Fund Your Account**: Deposit the minimum required amount to activate your account. Specific funding methods may be available.
5. **Approval Time**: Wait for the account approval process, which may take a specified duration.
6. **Access Trading Platforms**: After approval, you can access the trading platforms offered by QT broker.
7. **Optional Steps for Demo or Professional Accounts**: If applicable, follow any additional steps for setting up demo or professional accounts.

(Note: Specific details regarding account types, funding methods, and other information were not available.)

Deposit & Withdrawal

# QT Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## QT Minimum Deposit Requirements

### QT Minimum Deposit Explained
The minimum deposit requirement for QT accounts can vary based on the type of account and the region. Generally, the minimum deposit is set at **$1,000** for standard accounts. However, some specialized accounts may have different thresholds.

### Account-Type Comparison
1. **Standard Accounts**: Minimum deposit of $1,000.
2. **Retirement Accounts (TFSA/RRSP)**: Minimum deposit of $500.
3. **Margin Accounts**: Minimum deposit of $2,000.

### Regional Differences
- **Canada**: Minimum deposit typically remains at $1,000.
- **International Accounts**: May have varying minimum deposit requirements based on local regulations.

### Advantages
1. **Accessibility**: Low minimum deposit allows entry for new investors.
2. **Diverse Account Options**: Various account types cater to different investment strategies.
3. **Flexibility**: Allows for both short-term and long-term investment approaches.
4. **No Maintenance Fees**: Many accounts do not charge ongoing fees if minimums are met.

### Disadvantages
1. **Limited Investment Options**: Lower minimums may restrict access to certain investment vehicles.
2. **Potential for Higher Fees**: Some accounts may incur fees if minimum balances are not maintained.
3. **Comparative Limitations**: Competitors may offer lower minimums for similar accounts.
4. **Withdrawal Restrictions**: Some accounts may impose limits on withdrawal frequency.

### Competitor Comparison
- **Questrade**: Minimum deposit of $1,000, similar to QT.
- **Wealthsimple**: No minimum deposit requirement, appealing to new investors.
- **Interactive Brokers**: Minimum deposit of $10,000, catering to more experienced traders.

## QT Deposit Methods

### QT Deposit Methods Comprehensive Guide

1. **Bank Transfers**
- **Processing Time**: 1-2 business days
- **Fees**: Generally free
- **Availability**: Widely available
- **Limits**: Minimum of $1,000
- **Pros**: Secure and reliable
- **Cons**: Slower than other methods

2. **Credit/Debit Cards**
- **Processing Time**: Instant to 1 business day
- **Fees**: Typically 2-3% per transaction
- **Availability**: Available for most users
- **Limits**: Usually up to $5,000 per transaction
- **Pros**: Fast and convenient
- **Cons**: Higher fees compared to bank transfers

3. **E-Wallets (e.g., PayPal, Skrill)**
- **Processing Time**: Instant
- **Fees**: Varies by provider
- **Availability**: Limited to certain regions
- **Limits**: Up to $10,000 per transaction
- **Pros**: Quick and easy
- **Cons**: May incur additional fees

4. **Cryptocurrency**
- **Processing Time**: Varies based on blockchain speed
- **Fees**: Network fees apply
- **Availability**: Limited to specific cryptocurrencies
- **Limits**: Minimum deposit of $500
- **Pros**: Low transaction fees
- **Cons**: Volatility risk

5. **Local Payment Options**
- **Processing Time**: Varies
- **Fees**: Varies by method
- **Availability**: Region-specific
- **Limits**: Varies by method
- **Pros**: Tailored for local users
- **Cons**: Limited global acceptance

### Supported Currencies and Recommended Methods
QT supports multiple currencies including CAD, USD, and EUR. For quick deposits, **credit/debit cards** and **e-wallets** are recommended due to their speed, while **bank transfers** are ideal for larger amounts due to their security and lower fees.

## QT Deposit Process

### QT Deposit Steps Explained

1. **Log In**: Access your QT account using your credentials.
2. **Navigate to Deposit Section**: Click on the “Deposit” option in the dashboard.
3. **Select Deposit Method**: Choose from available options (bank transfer, card, e-wallet, etc.).
4. **Enter Deposit Amount**: Specify the amount you wish to deposit.
5. **Confirm Transaction**: Review the details and confirm the deposit.

### Mobile vs Web Differences
The deposit process is similar on both mobile and web platforms, but mobile may offer quicker access to payment methods such as e-wallets.

### KYC Notes and Common Issues with Solutions
- **KYC Requirements**: Ensure your identification documents are submitted to avoid delays.
- **Common Issues**: Payment method not accepted or transaction limits exceeded. In these cases, check the payment method and adjust the deposit amount accordingly.

### Typical Fund Crediting Times
Deposits via bank transfer typically take 1-2 business days to be credited, while card and e-wallet deposits are usually instant.

## QT Withdrawal Methods

### QT Withdrawal Methods Overview

1. **Bank Transfers**
- **Processing Time**: 1-4 business days
- **Fees**: $30 per withdrawal
- **Currencies**: CAD, USD
- **Limits**: Minimum withdrawal of $100
- **Pros**: Secure and straightforward
- **Cons**: Longer processing time

2. **Checks**
- **Processing Time**: 5-10 business days
- **Fees**: $15 per check
- **Currencies**: CAD, USD
- **Limits**: Minimum withdrawal of $350
- **Pros**: Good for larger sums
- **Cons**: Delays due to mailing

3. **E-Wallets**
- **Processing Time**: Instant to 1 business day
- **Fees**: Varies by provider
- **Currencies**: Depends on the e-wallet
- **Limits**: Up to $10,000 per withdrawal
- **Pros**: Fast and convenient
- **Cons**: May incur additional fees

4. **Cryptocurrency**
- **Processing Time**: Varies based on blockchain
- **Fees**: Network fees apply
- **Currencies**: Bitcoin, Ethereum, etc.
- **Limits**: Minimum withdrawal of $500
- **Pros**: Low transaction fees
- **Cons**: Volatility risk

### Recommended Options by Cost and Speed
For cost-effectiveness and speed, **e-wallets** are recommended, while **bank transfers** are preferred for larger amounts due to their security.

## QT Withdrawal Process

### QT Withdrawal Steps Explained

1. **Log In**: Access your QT account.
2. **Navigate to Withdrawal Section**: Click on the “Withdraw” option in the dashboard.
3. **Select Withdrawal Method**: Choose your preferred withdrawal method.
4. **Enter Withdrawal Amount**: Specify the amount you wish to withdraw.
5. **Confirm Transaction**: Review and confirm the withdrawal.

### ID Verification Requirements
For first-time withdrawals, users may need to verify their identity by submitting identification documents.

### Expected Fund Arrival Time
Funds from bank transfers typically arrive within 1-4 business days, while e-wallet withdrawals are usually instant.

### Typical Delay Reasons and Fixes
Common reasons for delays include incorrect bank details or exceeding withdrawal limits. To resolve issues, double-check your account information and ensure compliance with withdrawal limits.

## FAQs – QT Deposits & Withdrawals

### What is the minimum deposit for QT?
The minimum deposit is typically **$1,000** for standard accounts.

### How long do withdrawals take?
Withdrawals can take between **1-4 business days**, depending on the method chosen.

### Are there fees for deposits or withdrawals?
Yes, there are fees associated with certain deposit and withdrawal methods, such as **$30 for bank transfers** and **$15 for checks**.

### Can the same method be used for both?
Not all methods are interchangeable. For example, if you deposit via credit card, you may need to withdraw using a bank transfer or check.

### Are crypto or local methods supported?
Yes, QT supports cryptocurrency deposits and withdrawals, as well as local payment methods depending on the user's region.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

QT

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