WestPac Review 2025 (Expert Review)

WestPac Review Summary

WestPac is an online brokerage firm in Australia that offers Australian shares on the ASX. In addition to these shares, you can trade many different types of securities, such as bonds and stocks. The firm also offers margin lending through share trading loans and cash investment accounts. Westpac is a major online brokerage firm that offers a large number of investment options. The company offers both online and telephone investing, which makes it a popular choice among active traders. It allows you to trade shares, ETFs, and even commodities. The app provides live quotes, editable watchlists, and customised alerts. You can also access real-time market data, view all of your holdings, and create customised alerts based on your needs and preferences. These tools are available for both individual investors and larger businesses.

WestPac review
WestPac Platform Features

WestPac main features and highlights

🗺️ Country of regulation	Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA)
💰 Trading fees	No
💰 Inactivity fee	No
💰 Withdrawal fee	No
💰 Minimum deposit	50
🕖 Time to open a WestPac account	1-3 Days. *A WestPac demo account can be opened in a few minutes, but live WestPac trading account creation times will vary depending on how long it takes to process your WestPac KYC documents.
💳 Wire Transfer	No
👛 Depositing with electronic wallet	No
💱 Number of base currencies supported	1
🎮 Demo account provided	No
🛍️ Financial Instruments offered	Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs

WestPac review
WestPac Financial Regulation

WestPac is regulated by Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA).

WestPac review
WestPac Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using WestPac include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using WestPac can be that the spreads offered on trading financial instruments (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

WestPac review
WestPac Advantages

One of the main advantages of using WestPac is around the clock service and support as well as research offerings. Not only this, but WestPac has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of WestPac with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with WestPac makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. WestPac offers stock quotes and trade information, making it easy for users to view how their investments are doing.

• WestPac has been in business over 10 years.
• WestPacoffers Islamic Accounts.
• WestPac offers a Apple Mac desktop trading platform.
• WestPac offers Spread Betting.
• WestPac offers mobile trading applications.

WestPac review
WestPac Disadvantages

Although WestPac has a lot of good points WestPac does not offer the below.

• WestPac does not offer Stock Trading (See WestPac alternatives who offer Stock Trading here)
• WestPac does not offer Cryptocurrency Trading (See WestPac alternatives who offer Cryptocurrency Trading here)
• WestPac does not offer PayPal as a payment method (See WestPac alternatives who offer PayPal as a payment method here)
• WestPac does not offer Neteller as a payment method (See WestPac alternatives who Neteller as a payment method here)
• WestPac does not offer Skrill as a payment method (See WestPac alternatives who offer Skrill as a payment method here)
• WestPac does not offer ECN trading (See WestPac alternatives who offer ECN trading here)
• WestPac does not offer Bitcoin Trading (See WestPac alternatives who offer Bitcoin trading here)
• WestPac does not offer the MetaTrader 4 platform (See WestPac alternatives who offer the MetaTrader 4 platform here)
• WestPac does not offer the MetaTrader 5 platform (See WestPac alternatives who offer the MetaTrader 5 platform here)
• WestPac does not offer the cTrader platform (See WestPac alternatives who offer the cTrader platform here)
• WestPac does not offer Hedging (See WestPac alternatives who offer Hedging here)
• WestPac does not offer Scalping (See WestPac alternatives who offer Scalping here)
• WestPac does not offer mobile trading applications (See WestPac alternatives who offer mobile trading apps here)
• WestPac has inactivity fees (See WestPac alternatives who do not have inactivity fees here)

Risk Warning: Your capital is at risk.

WestPac review
Things to understand when trading with WestPac

Trading with WestPac involves risk. You should only risk capital with WestPac that you can afford to lose. Understand your risk tolerance with WestPac, and have a trading strategy that WestPac is able to help you execute. WestPac is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments WestPac give you access too.

WestPac review
WestPac Trading Fees

Trading fees on WestPac are taken in the form of the spreads WestPac offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on WestPac. WestPac fees vary depending on the financial instruments traded and can include, WestPac overnight funding fees, spreads, margins and WestPac inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your WestPac account charged by your 3rd party payment provider if your WestPac base currency is different from your WestPac withdrawal method.

WestPac review
WestPac Financial Instrument Fees

WestPac fees for Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs are listed below.

WestPac review
WestPac Stock Trading Fees

The majority of WestPac trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A WestPac stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

WestPac review
WestPac Forex Fees

Commission on WestPac Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for WestPac Forex fees is based on their trade size. To calculate WestPac Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

WestPac review
WestPac Non Trading Fees

WestPac non-trading fees include a variety of WestPac brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the WestPac trading platform. The most common non-trading fees include WestPac withdrawal fees, WestPac deposit fees and WestPac inactivity fees.

WestPac review
WestPac Deposit Fees

WestPac does charge deposit fees in some cases. When funding your WestPac account there may be some WestPac deposit fees which will vary depending on the payment method you use to deposit to your live WestPac trading account.

WestPac review
WestPac Inactivity Fees

WestPac does charge clients an inactivity fees for dormant WestPac trading accounts. A WestPac inactivity fee is a sum charged on WestPac brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

WestPac review
WestPac Withdrawal Fees

WestPac does charge WestPac clients small withdrawal fees. Withdrawals fees vary between WestPac and WestPac alternatives depending on where you are located and how much money you are withdrawing.

WestPac review
WestPac Account Fees

WestPac does not charge account fees. Account fees charged differ between WestPac and other brokers. An account is a fee that WestPac and other brokers assesses on all accounts for the ability to keep an account on their platform.

WestPac review
WestPac Account Opening

The WestPac account registration process is simple, user-friendly, and quick. Within 1-3 Days most WestPac trading accounts are ready for live trades. Our WestPac account was validated in 1 day, but live WestPac trading account verification times will vary depending on the time it takes to process your KYC documents and WestPac trading account application. A WestPac demo account can be opened in a few minutes.

WestPac trading accounts are available in over 194 countries. WestPac is restricted in the following countries.

Apart from the restricted countries a WestPac trading account can be opened globally.

The WestPac trading platform is available for residents in US. Some financial instruments WestPac offer may be restricted in your country.

• Fast WestPac account opening.
• WestPac accounts can be opened and KYC can be verified digitally.
• WestPac minimum deposit is 50 USD / GBP / EURO.
• WestPac trading account verification may be held up for longer than a day if there is an issue with verifying your account.

WestPac review
WestPac Deposit And Withdrawal

WestPac Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

GBP, USD, EURO are supported by WestPac as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

WestPac offers the following account GBP, USD, EURO.

When trading make sure your WestPac trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. WestPac has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

WestPac review
WestPac Deposit Fees and Deposit Methods

Investors can log in to their WestPac trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their WestPac trading accounts from an existing bank account or send the funds through a wire transfer or online check.

WestPac Deposit Fees

Making a deposit on your WestPac account is free.

WestPac Deposit Methods

There are several methods through which you can deposit money into your WestPac account. One can use a credit or debit card and WestPac accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your WestPac account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your WestPac account. Funding methods for WestPac include BPAY,.

WestPac review
WestPac Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your WestPac brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open WestPac positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your WestPac account.

WestPac Fees When Withdrawing Your Account Balance

WestPac do not charge withdrawal fees. Some withdrawal fees are out of the control of WestPac and may be due to 3rd party payment providers and your account base currency.

WestPac Withdrawal Methods

Log into your WestPac trading account, which is connected to your bank account. Go to the section that says “funds” or “accounts” and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your WestPac account to your bank account. To withdraw money from your WestPac account you can use credit or debit cards. WestPac processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as WestPac processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

WestPac review
WestPac Trading Platforms

As there are a number of tradable financial instruments available on the WestPac trading platform. Before investing in the WestPac platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The WestPac platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. WestPac offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on WestPac is available. Another thing to consider is your financial goals. Make sure that a WestPac account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a WestPac account. Ensure that WestPac allows you to focus on the type of trading that you want to focus on.

Make sure WestPac is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using WestPac, think about how easy it is to use for your personal needs. Does the WestPac platform offer real-time updates or delayed updates that are more informed? Remember to check if WestPac is well regulated, and what tradeable financial instruments WestPac has. Security is very important when it comes to trading with WestPac.

WestPac Web Trading Platform

A WestPac web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through WestPac which acts as a financial intermediary. WestPac is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the WestPac mobile trading platform.

WestPac Apple IOS Trading Platform

A WestPac iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

WestPac Google Play Android Trading Platform

A WestPac Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

WestPac review
WestPac Mobile Trading User Experience

WestPac mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. WestPac mobile trading refers to trading using a mobile phone.

Leading brokerages like WestPac offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire WestPac portfolio. All an investor needs is a Web-enabled smartphone and a trading account with WestPac. Once you have download the WestPac trading app, you are ready to begin.

WestPac review
WestPac Desktop Computer Trading Platform

A WestPac computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The WestPac desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The WestPac desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

WestPac PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using WestPac. A trading computer with access to a WestPac PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

WestPac Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the WestPac trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the WestPac trading platform is very user friendly on a Mac device.

WestPac review
WestPac Trading Look And Feel

The WestPac user interface (UI) is what WestPac traders will see and interact with first when trading with the WestPac trading platform. The WestPac is well designed. The goal of the WestPac trading UI is to make the WestPac user's experience intuitive. The WestPac application has good user experience and a good level of customer satisfaction.

WestPac Security

WestPac is a secure trading platform. WestPac offers traders security via 2 factor authentication, SSL encription when trading with WestPac. WestPac trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with WestPac. Rate limitation on WestPac suspicious account activities is another layer of protection that is provided for WestPac trading accounts, for example multiple failed login attempts with WestPac. You have the option to further safeguard your account by using WestPac Two-Factor Authentication (2FA), which provides an extra layer of security.

The WestPac trading infrastructure is constantly watched and guarded by a trained team at WestPac In addition, WestPac never send sensitive information without first encrypting on the WestPac trading platform using transport layer security (TLS) and SSL.

WestPac review
Placing A Buy Or Sell Order On WestPac

Available WestPac order types. # market, limit, stop, stop limit, Good until end of day / canceled.

WestPac Market Order

A WestPac market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. WestPac market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. WestPac market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

WestPac Limit Order

A WestPac limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

WestPac Stop Order

A WestPac stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

WestPac Stop Limit Order

A WestPac stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The WestPac stop-limit order triggers a limit order when a stock price hits the stop level. A WestPac stop-limit order can be helpful when trading if you are unable to watch your trades all day.

WestPac review
WestPac Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

WestPac review
WestPac Trading Platform Features

Online trading platforms like WestPac are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with WestPac. The WestPac trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using WestPac.

WestPac Margin Trading

WestPac margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, WestPac margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

WestPac review
WestPac Account Types

WestPac Demo Account

WestPac offers demo accounts that gives traders the ability to purchase and sell WestPac financial instruments in a practice environment, using fake WestPac digital money and live market conditions and data. When you practise on a WestPac demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the WestPac platform. WestPac demo accounts allow you to experience and practice a variety of market charts, WestPac trading indicators, and trading strategies using WestPac.

WestPac Standard Account

WestPac offers a standard trading account, allowing WestPac traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich WestPac trading platform.

WestPac Islamic Accounts

WestPac islamic accounts respect Islamic finance law. WestPac swap free accounts do not accumilate interest and WestPac transactions are actioned immediately. A WestPac Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using WestPac following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with WestPac Islamic accounts do not pay or receive interest rates.

WestPac review
WestPac Tradable Financial Instruments

WestPac tradable financial instruments are the financial instruments that are specifically available to trade on the WestPac trading platform. This refers to the different types of financial markets you can trade with through WestPac. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on WestPac.

WestPac review
WestPac Trading Stocks

Stock trading with WestPac is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with WestPac; if you possess the stock on WestPac, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on WestPac involves purchasing and selling stocks and share using WestPac periodically in order to time trades against the stock markets, with the aim of using WestPac to profit from your stock trading. WestPac stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on WestPac. Stock traders on WestPac conduct significant study, frequently dedicating several hours every day to market monitoring using WestPac trading tools.

WestPac review
WestPac Trading ETFs

What Are ETFs

WestPac does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

WestPac does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

WestPac review
WestPac Trading Cryptocurrencies

WestPac offers cryptocurrency trading.

Cryptocurrency trading can be conducted using WestPac to buy and sell the cryptocurrency financial instruments on WestPac. Cryptocurrency trading can also be done using a cryptocurency CFD WestPac trading account where allowed by financial regulators, to speculate on up or down price movements of a specific crypto asset using WestPac. A CFD is a high risk leveraged trade between the trader and the WestPac brokerage. No underlying assets are exchanged with a WestPac CFD contract, it is purely speculation on the crypto financial instruments price movements with WestPac. WestPac CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if WestPac CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.

The volatility of cryptocurrencies is the biggest source of risk when trading them with WestPac. They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with WestPac.

Cryptocurrency trading is not offered by WestPac, so you will need to find a WestPac alternative that allows you to buy and sell the underlying cryptocurrency assets. WestPac CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a WestPac alternative and make sure you undertand the risks fully before trading.

WestPac review
WestPac Forex Trading

Forex trading with WestPac is a method through which to invest money which involves trading one currency for another in a Forex currency pair with WestPac. The main aim of WestPac Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with WestPac. As a WestPac Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like WestPac. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like WestPac. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on WestPac.

WestPac review
WestPac Commodities Trading

Commodity trading is a type of trading available on WestPac where individuals or businesses buy and sell financial instruments using WestPac related to commodities, such as metals or oil.

WestPac review
WestPac Options Trading

WestPac options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. WestPac option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

WestPac review
WestPac Futures Trading

Futures trading with WestPac is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using WestPac to facilitate the trade. A WestPac futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on WestPac. Typically, futures contracts are traded on an exchange such as WestPac; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling WestPac trader to the contract agrees to provide it.

WestPac review
WestPac Bonds Trading

Bonds trading on WestPac is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the WestPac trader. Bonds can be bought and sold on WestPac after they are issued. While some bonds are traded publicly through WestPac, most trade over-the-counter between large broker-dealers like WestPac acting on their clients' or their own behalf. Yield is therefore based on the WestPac purchase price of the bond as well as the coupon.

WestPac CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

WestPac review
WestPac Trading Research Tools

Taking advantage of WestPac trading research tools which are designed to help traders analyse potential investments using the WestPac trading platform. Some WestPac research tools include charts, technical analysis, and WestPac trading indicators.

WestPac Trading News

Traders can follow the markets and make wise investment decisions on WestPac by using the news to help form a strategy when it comes to choosing investments. A WestPac news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

WestPac Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A WestPac economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

WestPac Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. WestPac fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

WestPac Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on WestPac are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

WestPac portfolios

Trading portfolios are useful when trading with WestPac.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A WestPac trading portfolio is a traders collection of investments, which may include a variety of WestPac financial instruments.

WestPac review
WestPac Payment Methods

A WestPac payment method is required to fund your WestPac trading account before placing a buy or sell order on a financial instrument.

When trading with WestPac, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that WestPac do not have any control over.

WestPac review
WestPac Withdrawl Methods

When trading with WestPac at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your WestPac account balance. WestPac may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your WestPac account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

WestPac Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your WestPac account.

Withdrawal requests can take up to three business days to be processed by WestPac.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your WestPac should arrive in less than 24 hours.

WestPac review
WestPac Customer Support

Customer support represents the resources within the WestPac company that provides technical assistance to its customers after they use the WestPac service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

WestPac offer email, livechat, phone, customer support.

WestPac Email Support

WestPac offers email support.

Email support is a a convenient method of WestPac customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from WestPac regarding your support request.

WestPac Livechat Support

WestPac offers livechat support.

WestPac live chat support is a way for customers to obtain help from WestPac through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

WestPac Telephone Support

WestPac offers telephone support.

WestPac telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the WestPac call centre to give or take information.

WestPac Average Support Response times

Contact Method	Average Response Time
WestPac Live Chat	4 minutes
WestPac Email	6 hours
WestPac Phone	5 minutes

We tested the customer service response times of WestPac on Monday, July 7, 2025.

WestPac review
WestPac Educational Resources

WestPac educational resources are used throughout the WestPac learning environment to help and assist with customer's development and learning of trading on WestPac. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using WestPac trading tools. Educational resources like some of the resources available with WestPac are a good as part of a wider set of educational guides and information from else where online.

Some of the WestPac trading guides and information that we found useful included trading strategies videos, platform tutorials, market news, expert webinars.

WestPac Trading Platform Tutorials

WestPac offer a range of learning resources and tutorials and guides made available to registered WestPac users. The WestPac guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate WestPac users on basic trading principles.

WestPac Trading Videos

WestPac offer a selection of online trading videos.

Trading videos on WestPac help new and even more experienced investors gain insights into WestPac technical analysis tools and how the different financial markets work when trading on WestPac.

WestPac trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs. Some WestPac training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using WestPac to trade live financial markets.

WestPac Webinars

WestPac offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of WestPac clients who participate by asking questions, replying to polls, and using other interactive technologies available on the WestPac trading platform.

WestPac review
WestPac Financial Regulation When Trading

Financial regulations on WestPac protect consumers' investments. Regulations prevent financial fraud and limit the risks that WestPac as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. WestPac financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is WestPac Regulated?

WestPac is regulated by Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA).

WestPac is licensed by financial regulators in certain jurisdictions. You can find out if brokers like WestPac are licensed in your country, if they have had run-ins with regulators, or received serious complaints from WestPac investors, directly with financial regulators in your country.

WestPac Regulatory Protection Limits

When registering with WestPac you must check with regulatory body your WestPac trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your WestPac account is over seen by. WestPac client funds are stored in segregated 3rd party bank account in accordance with WestPac financial regulators.

Client country	Investor protection amount	Regulator
United Kingdom	£85,000	Financial Conduct Authority (FCA)
EU Investor Compensation Scheme	max €50,000	Directive of The European Parliament and European Commission
Other countries	90% of your funds, max €20,000	Bulgarian Financial Supervision Commission (FSC)

WestPac Trading Signals

WestPac does not offer trading signals in any form.

Make sure you understand the risks of trading signals.

How does WestPac make money?

Because WestPac acts as an intermediary, WestPac gets compensated on buy and sell transactions of financial instruments. As a result, WestPac profit is determined by the volume and number of transactions. WestPac earns revenue to fund their WestPac platforms and wide range of trading services through market spreads.

Can you buy shares on WestPac?

WestPac does not provide customers with real company shares trading. WestPac offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and WestPac on the speculative up or down price movement on an agreed stocks price movement.

Does WestPac offer Cryptocurrency?

WestPac does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

WestPac Lower fees, lower costs?

WestPac have reasonable trading fees and costs. WestPac do not charge a deposit fee. WestPac may charge a withdrawal fee. Some withdrawal fees are out of the control of WestPac and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

WestPac minimum deposit is 50 USD / GBP / EUR.

How to start your WestPac account?

You can sign up for a live or demo WestPac trading account by visiting WestPac and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an WestPac account here.

How's the WestPac trading app?

WestPac allow traders to trade financial markets on WestPac does not currently offer trading through any mobile applications on iOS or Android. supported mobile devices.

You can tryout the WestPac trading app here. Your capital is at risk

Is the quality of WestPac customer service satisfactory?

WestPac have average customer support offering support through email, livechat, phone, support options.

Is this broker good for new traders?

WestPac is a good trading platform for new traders as WestPac offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from WestPac?

WestPac offer a good selection of withdrawal options. Once WestPac have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

Best WestPac Alternatives Reviews

If WestPac isnt quite what you are looking for you can check out some of the best WestPac alternatives below.

• IC Markets Review (read our in depth 2025 review)
• Roboforex Review (read our in depth 2025 review)
• AvaTrade Review (read our in depth 2025 review)

Best WestPac Alternatives In Detail

If you would like to see WestPac compared agains some of the best WestPac alternatives available right now you can do so by clicking on the links below.

• IC Markets Alternatives (read our in depth 2025 Alternatives for IC Markets)
• Roboforex Alternatives (read our in depth 2025 Alternatives for Roboforex)
• AvaTrade Alternatives (read our in depth 2025 Alternatives for AvaTrade)

Check out RoboForex – Professional services on Forex market