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CWG MARKETS

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3.3
( 2 Reviews )

Founded: 2017 Min Deposit: 10 USD

Headquarters: Vanuatu Max Lev: 1 : 1000

Score
Business Scope
5.9
Trading Cost
4.0
Trading Platforms
3.7
Support
3.0
Licence Status

multi-regulation

FCA 785129
VFSC 41694
Contact
+60 1800819380
service@cwgmarkets.com
Multiple Account types
Low Minimum Deposit
High Leverage
PAMM Account
Hedging Not Allowed
No Withdrawal Fee
Market Execution
Multiple Trading Instruments
No Deposit Fee
Negative Balance Protection

Deposit and Withdrawal

3.0

Score

multiple payment methods

Features

No Deposit Fee
No Withdrawal Fee
Fast Deposit

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Company and Service

6.5

Average

English & Chinese language support

Features

Newly-established
Good Customer Service
Quick Response
Profile
Headquarters Address
41694. and the address is 1276, Govant Building, Kumul Highway, PORT VILA, VANUATU
Founded 2017
Broker Type
MM/DD
Time Zone GMT+8
Credit Profile No information
Trading Platforms
MT4
Mac,  Windows,  iOS,  Android
MT5
Mac,  Windows,  iOS,  Android
Contact
No Data
Others
Website Language
Chinese(Simplified),  English
Customer Service By
Phone,  Email,  Live Chat,  Facebook,  Twitter,  Instagram,  LinkedIn,  Youtube
Supported Language
Chinese(Simplified),  English

Broker News

Receive your $50 Hi Account in CWG MARKETS Promotions 2021-06-09
Receive your $50 Hi Account immediately and enjoy the best trading experience from the world's leading trading provider at CWG.
Get 100% Bonus up to $2,000 in CWG MARKETS Promotions 2021-06-04
From now on, CWG customers can apply for 100% bonus for each deposit, with maximum of $2,000, to support your trading.

Related Complaints

Q&A

How can I make sure my fund is safe in CWG? I was trying to see their clients protection info on their website but cannot find it.

Axel Hoot
Malaysia
2022-02-22
ANSWER CWG Markets is the trading name of CWG Group of companies which consists of CWG Markets Ltd (UK) and CWG Markets Ltd (VU). CWG Markets Ltd (UK) is an investment firm fully authorised and regulated by the Financial Conduct Authority (FCA), under the firm reference number FRN 785129.FCA is one of the most reputable regulatory watchdogs in the world for regulating forex brokers and other financial entities. Forex traders would prefer to open trading accounts from FCA regulated forex brokers because of the watchdog’s stringent regulatory laws, protection of client funds and companies insolvency compensation rules etc.So traders dealing with FCA-licensed brokers will be under better funds guarantee. CWG Markets Ltd (VU) is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), with registration no. 41694. However, VFSC is a popular offshore regulator among forex brokers as capital (or bond) requirements are relatively small. A Forex license covering the online activities of a brokerage is issued in 2-3 months, which is indeed extremely fast. Moreover, there is no income tax, capital gains tax and inheritance tax in the country. So VFSC-regulated brokers are actually not under strong regulation.  Therefore, taking clients protection and funds security into consideration, it is better to avoide onbaording your account to its VFSC license. It is much safer to onboard your account to its FCA regulation.
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Overall Score

3.3
2 Reviews

Cost 4.0

Platforms 3.7

Deposit & Withdrawal 3.0

Customer Support 3.0

Indicates the average level of Brokers

Keywords for selection
Requote Problem Unstable Server Connection Worst/Cheated

2 Reviews

Carlo

2021-03-23 0-6 months Instant Account
CWG claims to offer speedy execution with no requotation. But as I used it for about 3 months, I found there are a few times of unstable connection. Do not believe what it claims, when you tried it, you'll know it's just a trick. Let's see.
Greece
Helpful
Not helpful

Martin

2021-03-22 0-6 months Classic Account
I got scammed by the broker, the WORST Broker! Reject my profits after 2 months of trading for invalid reasons. CWG manipulates its pricing feeds and platform with severe reqoutes. Just a cheater!how can I get help.
Canada
Helpful
Not helpful
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