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No Regulation
Score
1.50 /10
Danger
PWG
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 3
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.93
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-12-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Exposure
3 pieces of exposure in total Pyramid scheme complaint
ExposeNote: PWG's official website: https://www.pwghk.com/content/en is currently inaccessible normally.
| PWGReview Summary | |
| Founded | / |
| Registered Country/Region | United States |
| Regulation | No regulation |
| Market Instruments | CFDsForexPrecious metals & CommoditiesIndicesSharesEnergies |
| Demo Account | ✅ |
| Leverage | Up to 1:100 |
| Spread | As low as 0.6 pips |
| Trading Platform | MT4, MT5 |
| Min Deposit | / |
| Customer Support | Phone: 00852-81063099 |
| Email: cs@preciouswealthgroup.comcs@pwghk.com | |
| Social Media: Facebook, Twitter, Instagram, Youtube, Weibo, Linkedin | |
| Physical Address: | |
PWG Information
PWG is a brokerage incorporated in the United States, which mainly provides traders with CFDs on forex, shares, indices, commodities, metals and energies, and supports the use of MT4 and MT5. At present, this brokerage is not regulated and the information provided is not enough.
Pros and Cons
| Pros | Cons |
| Support for MT4 and MT5 | No regulation |
| Offer demo account | No account information |
| 100+ trading instruments available | No deposit withdrawal details |
Is PWG Legit?
PWG's official website, registered in 2024, is no longer accessible. PWG is currently unregulated.
What Can I Trade on PWG?
PWG says it offers 100+ trading instruments, traders can choose to trade CFDs on forex, shares, indices, commodities, metals and energies from the same trading account.
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Forex | ✔ |
| Precious metals & Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Energies | ✔ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
It is not possible to know the account information of PWG, only that PWG provides leverage of 1:100.
PWG Fees
PWG says it offers spreads as low as 0.6 pips.
Trading Platform
PWG provides traders with MT4 and MT5 platforms that can be used on multiple devices, either desktop or mobile.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile | Beginners |
| MT5 | ✔ | Desktop, Mobile | Skilled traders |
Deposit and Withdrawal
The PWG said deposits and withdrawals are easy to use for all traders, but did not provide details.
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