Company Name
WCG Markets Ltd.
Company Abbreviation
WCG Markets
Platform registered country and region
Hong Kong
Company website
Company summary
Pyramid scheme complaint
Expose
| WCG Markets Review Summary | |
| Founded | 2021 |
| Registered Country/Region | China Hong Kong |
| Regulation | CGSE |
| Market Instruments | Forex, CFDs, precious metals, crude oil, index, stocks, cryptocurrencies |
| Demo Account | ✅ (USD 100,000 virtual funds) |
| Leverage | 1:100-1:200 |
| Spread | / |
| Trading Platform | MT4 |
| Min Deposit | / |
| Customer Support | Live chat, contact form |
| Tel: 4001 203 612, 4008 428 912 | |
| Email: support@wcgmarkets.com | |
| WhatsApp, Line, Telegram, Facebook, Instagram | |
| Registered address: The Financial Services Centre Stoney Ground, Kingstown, St.Vincent & the Grenadines | |
| 150-10451 Shellbridge Way, Richmond BC V6X 2W8, Canada | |
| Restricted Areas | British Columbia, Quebec and Saskatchewan, the Democratic Peoples Republic of Korea (North Korea), Iran, the United States and Hong Kong |
Founded in 2021, WCG Markets is a broker registered in China Hong Kong, offering trading in forex, CFDs, precious metals, crude oil, index, stocks, and cryptocurrencies with leverage between 1:100 and 1:200 on the MT4 platform.
Pros and Cons
| Pros | Cons |
| Regulated by CGSE | Regional restrictions |
| Diverse tradable assets | Unclear fee structure |
| Demo accounts | Limited info on deposit and withdrawal |
| Flexible leverage ratios | |
| MT4 | |
| Live chat support |
Is WCG Markets Legit?
Yes. WCG Markets is regulated by the Chinese Gold & Silver Exchange Society (CGSE).
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | The Chinese Gold & Silver Exchange Society (CGSE) | Regulated | 文傳金業有限公司 | Type A1 License | 012 |
What Can I Trade on WCG Markets?
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Precious metals | ✔ |
| Crude oil | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage
WCG Markets offers leverage between 1:100 and 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | iPhone, Android, APK, PC | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
WCG Markets doesn't reveal accepted payment methods. It only claims that deposit and withdrawal requests can be processed within 2 hours.
