WORLD QUEST

WORLD QUEST is regulated by the Australian Securities and Investments Commission (ASIC) as an Appointed Representative (AR) under license number 001313435. It has a WikiFX core score of 4.84, indicating a relatively high overall rating. However, the broker has been operating for 2–5 years and its registered business scope includes a suspicious operational region. Traders should evaluate these factors and conduct their own due diligence before trading.

Yes, WORLD QUEST is regulated. It holds an Appointed Representative (AR) license under the Australian Securities and Investments Commission (ASIC) with license number 001313435. The holding company is WORLD QUEST PTY LTD.

The minimum deposit for a standard account at WORLD QUEST is 0.01. The currency unit is not specified but is commonly understood to be in USD.

The broker’s supported trading platforms are not currently publicly specified. While the account allows Expert Advisors (EAs) and scalping, it is not confirmed whether MT4 or MT5 are offered.

Pros: Regulated by ASIC, high WikiFX core score (4.84), low spreads from 0, high leverage up to 1:500, and support for EA trading and scalping. Cons: Operating history of only 2–5 years, registered in a suspicious operational region, and no Islamic account option. Additionally, detailed fee schedules and platform specifics are not fully disclosed.

Based on the latest data, no user complaints have been reported. Two positive reviews from users highlight good trading conditions and responsive customer support.

It is not currently publicly specified whether WORLD QUEST offers services to residents of the United States. Traders should verify regional availability directly with the broker.

WORLD QUEST offers a low minimum deposit of 0.01, support for EA trading, and the ability to scalp, which can be attractive to beginners. However, the high leverage (up to 1:500) carries significant risk. Beginners should ensure they understand the risks and consider using a demo account first.

The broker advertises spreads from 0, but a complete fee schedule including commissions, swap rates, and other charges is not publicly disclosed. Traders should review the account terms directly for full cost transparency.

WORLD QUEST offers leverage up to 1:500 for Forex, 1:200 for Metals, 1:100 for Commodities and Indices. Such high leverage magnifies both potential gains and losses, resulting in a high level of risk. Traders should use leverage cautiously and implement proper risk management.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

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