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AscendX Capital Rebrands as QuantTekel, Expands into Brokerage


AscendX Capital, which began operations in November 2023, has officially rebranded as QuantTekel.

About the Rebranding  

AscendX Capital has rebranded as QuantTekel. Along with the name change, the firm is expanding its offerings. It is transitioning into a full-service broker while continuing to grow its prop trading services.Ā 

Further details on new products and services have yet to be disclosed. QuantTekel promises more updates soon and has assured clients that the migration process is underway.

What Does It Mean?

Here is what it means for users. 

Expanded Service Offerings

The rebranding signals a shift towards becoming a full-service brokerage, in addition to the existing prop trading services. Users can look forward to a broader range of trading products and access to more comprehensive broker services. That may include more advanced trading platforms, tools, and market access.

Improved User Experience

With the firmā€™s expanded focus, users will likely experience an upgraded platform and additional support. QuantTekel transitions to offering more robust services. This could include enhanced trading interfaces, faster execution times, and access to more detailed market data. It will enhance the overall trading experience.

Seamless Client Migration

The rebranding process is already underway. QuantTekel is working to ensure that existing users are smoothly transitioned to the new platform without disruptions. The firm has assured clients that the migration is secure, meaning users can expect minimal interruption during this transition.

About QuantTekel

QuantTekel, previously known as AscendX Capital, offers full-fledged brokerage and pro trading services. It also provides access to trading platforms like MT5, CTrader, and DAX. The company serves traders in over 180 countries.

Way Ahead

The future for QuantTekel looks promising as it transitions from a prop firm to a full-service broker. By broadening its product offerings, the firm can attract a wider range of clients while maintaining its foothold in prop trading. QuantTekelā€™s upcoming services are not yet fully disclosed. Still, are expected to include advanced trading tools and competitive brokerage features, making its offerings comprehensive.Ā Want to promote your brand on our page? Contact us.