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No Regulation
Score
1.14 /10
Danger
WGP Markets
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index4.14
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
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Warning: Low score, please stay away!
Previous Detection :
2025-02-03
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| WGP MarketsReview Summary | |
| Founded | 2024-06-29 |
| Registered Country/Region | United States |
| Regulation | Unregulated |
| Market Instruments | Indices/Crude oil/Cryptocurrency/Foreign Exchange/Precious metals. |
| Demo Account | ❌ |
| Leverage | Up to 1:100 |
| Spread | from 0 pips |
| Trading Platform | ST5(Windows/iPhone/Android) |
| Min Deposit | / |
| Customer Support | Email:support@wgpmarkets.com |
| live chat 24/7 | |
WGP Markets Information
WGP Markets is a financial services company in the United States. The company offers mainstream international investment products covering foreign exchange, precious metals, energy, and major global indices. WGP Markets also supports the team via live chat 24/7.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:100 | No 24/7 customer support |
| Over 100 tradable assets | Demo account unavailable |
| Regulated | MT4/MT5 unavailable |
Is WGP Markets Legit?
WGP Markets is authorized and regulated by the Financial Crimes Enforcement Network(FinCEN), making it safer than regulated brokers. But risks cannot be completely avoided.
What Can I Trade on WGP Markets?
WGP Markets offers 100+ market assets, including indices, crude oil, cryptocurrency, foreign exchange, and precious metals.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Crude oil | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
WGP Markets Fees
WGP Markets offers floating spreads from 0 pips. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.
Trading Platform
WGP Markets provides ST5 available on Windows, iPhone, and Android.
| Trading Platform | Supported | Available Devices |
| ST5 | ✔ | Windows/iPhone/Android |
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