WorldQuest FX Forex Broker

WorldQuest FX Review Summary Founded2019 Registered Country/RegionAustralia RegulationRegulated by ASIC Market InstrumentsForex, CFDs, Commodities, Metals, Indices, Stocks Demo Account✅ LeverageUp to 1:500 SpreadFrom 0 pips Trading PlatformMT5 Minimum Deposit/ Customer SupportContact form Phone: +48 574758439 Email: support@worldquestfx.com 2A/5, Sadowa Street, 50-046, Wroclaw, Poland Regional RestrictionsThe United States, Belgium, North Korea, Iran WorldQuest FX, founded in 2019 and registered in Australia, is regulated by ASIC. It offers a diverse range of market instruments through the MT5 trading platform via web, desktop, or mobile devices. While it has advantages like low spreads from 0 pips, it also has some drawbacks, including commissions and regional restrictions in countries like the US and Belgium.Pros and Cons Pros Cons Regulated by ASICCommissions charged MT5 supportedRegional restrictions A lot of trading assets Low spread setIs WorldQuest FX Legit? WorldQuest FX is regulated by the Australian Securities and Investments Commission (ASIC). It holds Appointed Representative(AR) License with No. 001313435. Australian Securities and Investments Commission (ASIC) Regulatory Status Regulated Regulated by Australia Licensed Institution WORLD QUEST PTY LTD Licensed TypeAppointed Representative (AR) Licensed Number001313435What Can I Trade on WorldQuest FX? WorldQuest FX offers trading in forex, indices, stocks CFD, commodities, and CFDs. Tradable Instruments Supported Forex✔ CFDs✔ Commodities✔ Indices✔ Stocks✔ Cryptocurrencies❌ Bonds❌ Options❌ ETFs❌ Mutual Funds❌Account To open an account of WorldQuest FX, the procedures are simple. You can click “register” and fill in your information including name, mobile number and so on.Leverage WorldQuest FX provides traders with different leverage ratios for various financial instruments. For Forex, it offers a leverage of 1:500. Meanwhile, for metals, commodities, and indices, it offers leverages of 1:200, 1:100, and 1:100 respectively. Financial InstrumentMaximum Leverage Forex1:500 Metal1:200 Commodities1:100 Indices1:100WorldQuest FX Fees WorldQuest FX offers spread from 0 pips and commission of $7/Lot.Trading Platform WorldQuest FX offers MT5 trading platform. With ultra - fast trade execution and the ability to trade via smartphone or tablet, MT5 provides high - speed and convenient trading experiences. Trading PlatformSupported Available Devices Suitable for MT4❌/Beginners MT5✔Web/Desktop/PhoneExperienced tradersDeposit and Withdrawal WorldQuest FX offers VISA, tether, BPay, FASAPAYS, MasterCard, Perfect Money, and Bank Wire to make a deposit or withdrawal. It does not charge fees for deposits and withdrawals. However, tt is noted that if you order a withdrawal without having made a total of 5 transactions since your previous deposit, or if the withdrawal is of a value under $50.