WorldQuest FX Review - Does It Support MT4 and MT5? - WikiFX

WikiFX | 2025-04-30 14:04

Ikhtisar：WorldQuest FX is a regulated broker founded in 2019 and registered in Australia, offering diverse range of market instruments through the MT5 trading platform.

WorldQuest FX Review Summary
Founded	2019
Registered Country/Region	Australia
Regulation	Regulated by ASIC
Market Instruments	Forex, CFDs, Commodities, Metals, Indices, Stocks
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0 pips
Trading Platform	MT5
Minimum Deposit	/
Customer Support	Contact form
	Phone: +48 574758439
	Email: support@worldquestfx.com
	2A/5, Sadowa Street, 50-046, Wroclaw, Poland
Regional Restrictions	The 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 ASIC	Commissions charged
MT5 supported	Regional restrictions
A lot of trading assets
Low spread set

Is 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 Type	Appointed Representative (AR)
Licensed Number	001313435

What 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 Instrument	Maximum Leverage
Forex	1:500
Metal	1:200
Commodities	1:100
Indices	1:100

WorldQuest 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 Platform	Supported	Available Devices	Suitable for
MT4	❌	/	Beginners
MT5	✔	Web/Desktop/Phone	Experienced traders

Deposit 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.