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Score
United Kingdom
Regulated in United Kingdom
Market Making(MM)
MT5 Full License
Medium potential risk
Offshore Regulated
Benchmark
Influence
Add brokers
Comparison
Quantity 6
Exposure
Score
Regulatory Index8.13
Business Index7.32
Risk Management Index8.22
Software Index9.88
License Index8.13
Single Core
1G
40G
Danger
Danger
More
Company Name
CWG Markets Ltd
Company Abbreviation
CWG Markets
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
Unable to withdraw.
Server cannot be connected. It is disconnected when you look at diagram. Unable to connect, resulting inability of closing position. Using other platforms to watch my own liquidation, I seriously suspect that it is a deliberate behavior in the background. You can connect to the server immediately after the liquidation.
Deceive customers and claim the winning rate is 80%, resulting in liquidation. Ask the customer to deposit again after liquidation. The spread is ridiculous high
I cannot transfer the money in my wallet to my BTC Turkish account. I made a transfer, but when I check for 20 days, it always says it is under review.
The broken server is disconnected and cannot be connected. Fortunately, the deposit is not much, so let's close it soon.
I have been using this forex broker for past 1.5 years, since July 2020 and have made 2 successful partial withdrawals and 2 deposits to continue trading. There have been accumulated profits over the years. However, when I tried making a partial withdrawal during in January 2022, CWG has suddenly informed that my profits are in violation of company policies and confiscated more than 2/3 from my account. I have been trading in the same way for 1.5 years and suddenly CWG decided to take all the profits and deemed it in violation of the company policies. Till now, they wouldn't want to return the confiscated profits, and hold me hostage for not approving the withdrawal request I've made on balance funds in my account because they froze it. Really unbelievable. Beware of this company. Not sure what is happening, they were great to trade with and withdrawals were easy. But now, not so great anymore.
CWG Markets Review Summary | |
Founded | 2023-05-23 |
Registered Country/Region | United Kingdom |
Regulation | Offshore Regulated(VFSC)/Regulated(FCA) |
Market Instruments | Forex/CFD stock/Precious metals/Energy/Indices/Com. Futures |
Demo Account | ✅ |
Leverage | Up to 1:1000 |
Spread | From 0.0 pips |
Trading Platform | CWG |
Min Deposit | $10 |
Customer Support | Email: service@cwgmarkets.com |
Phone: +44 2037699268, +60 1800819380 | |
Live chat | |
Facebook/LinkedIn/Instagram |
CWG Markets, a registered investment firm, is the trading name of the CWG Group of companies that provides various tradable instruments including forex, CFD stock, precious metals, energy, indices, and com. futures. The broker also provides four live accounts with a maximum leverage of 1:1000. The demo and Islamic accounts are also available. The minimum spread is from 0.0 pips and the minimum deposit is $10.
Pros | Cons |
Various tradable instruments | High max leverage |
Offshore Regulated(VFSC)/Regulated(FCA) | MT4/MT5 unavailable |
Spread from 0.0 pips | Some negative comments |
Demo account available |
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
![]() | VFSC | CWG MARKETS LTD | Retail Forex License | 41694 | Offshore Regulated |
![]() | FCA | CWG Markets Ltd | Market Making(MM) | 785129 | Regulated |
CWG Markets offers 500+ market instruments, including forex, CFD stock, precious metals, energy, indices, and com. futures.
Tradable Instruments | Supported |
Forex | ✔ |
Energy | ✔ |
CFD Stock | ✔ |
Indices | ✔ |
Precious Metals | ✔ |
Com. Futures | ✔ |
Shares | ❌ |
Commodities | ❌ |
Cryptocurrencies | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
CWG Markets has four account types: Instant, Standard, Advanced, and Institutional. Traders who want low spreads and leverage can choose an institutional account, while those with a small budget can open an instant account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus). Muslims are allowed to open Islamic accounts without swaps.
Account Type | Instant | Standard | Advanced | Institutional |
Minimum Deposit | $10 | $50 | $200 | $30000 |
Spreads | 2.2 pips | 1.5 pips | 0.0 pips | 0.0 pips |
Maximum Leverage | 1:1000 | 1:500 | 1:500 | 1:100 |
Commission | $0 Per Side | $0 Per Side | $3 Per Side | $1.5 Per Side |
Stop Out Level | 50% | 50% | 50% | 50% |
The spread starts from 0.0 pips, the commission is from $0 per side, and the swap is as low as 0. The lower the spread, the faster the liquidity.
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
CWG Markets provides a propriety trading platform, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.
Trading Platform | Supported |
CWG | ✔ |
The first deposit amount must be $10 or above. CWG Markets accepts Visa, Mastercard, UnionPay, Poli, PayPal, Skrill, Neteller, Bank Transfer, etc. for deposit and withdrawal and commissions are free. CWG Markets does not charge any fees for withdrawals and covers the payment provider's fees for your first five withdrawals each month. For additional withdrawals beyond this limit, a $5 fee is applied to each transaction. Deposit processing times are instant and withdrawal processing times are within 72 hours.
Deposit:
Payment Option | Currencies | Commission | Processing Time | Estimated Arrival Time |
Skrill | USD/EUR | Free | Within 30 minutes | Instantly |
Neteller | USD/EUR | Free | Within 30 minutes | Instantly |
Sticpay | GBP/USD/EUR | Free | Within 30 minutes | Instantly |
China UnionPay | CNY | Free | Within 30 minutes | Instantly |
Bank Transfer | GBP/USD/EUR | Free | Within 72 hours | Instantly |
Help2Pay | THB/VND/IDR | Free | Within an hour | Instantly |
5Pay | THB/VND/IDR | Free | Within 24 hours | Instantly |
5Pay | USDT-ERC20/USDT-TRC20 | Free | Within an hour | Instantly |
77pay | VND | Free | Within an hour | Instantly |
Kora | NGN/ZAR/KES/GHS/USD | Free | Within an hour | Instantly |
Pay Retailers | Support all South American countries | Free | Within an hour | Instantly |
Asia Banks | IDR/VND/MYR | Free | Within an hour | Instantly |
ECOM | VND | Free | Within an hour | Instantly |
Withdrawal:
Payment Option | Currencies | Commission | Processing Time | Estimated Arrival Time |
Skrill | USD/EUR | Free | Within an hour | Instantly |
Neteller | USD/EUR | Free | Within an hour | Instantly |
Sticpay | GBP/USD/EUR | Free | Within an hour | Instantly |
China UnionPay | CNY | Free | Within an hour | 1-72 hours |
Bank Transfer | GBP/USD/EUR | Free | Within an hour | 1-72 hours |
Help2Pay | THB/VND/IDR | Free | Within an hour | 1-48 hours |
5Pay | THB/VND/IDR | Free | Within an hour | 1-24 hours |
5Pay | USDT-ERC20/USDT-TRC20 | Free | Within an hour | 1-48 hours |
77pay | VND | Free | Within an hour | 1-48 hours |
Kora | NGN/ZAR/KES/GHS/USD | Free | Within an hour | 1-48 hours |
Pay Retailers | Support all South American countries | Free | Within an hour | 1-48 hours |
Asia Banks | IDR/VND/MYR | Free | Within an hour | 1-48 hours |
ECOM | VND | Free | Within an hour | 1-48 hours |
A deposit bonus can be 100% when traders register and deposit funds. Up to $2,000 per account.
On Thursday, amid the stirring of new news unrelated to taxes, the market was hoping for Fridays non farm payroll data, and the US dollar index rebounded slightly. After being named by the US Treasury
On Wednesday, the US data was mixed, and Federal Reserve officials spoke cautiously. The US dollar index continued to decline, closing down 0.36% at 107.62. The yield of US two-year treasury bond bond
CWG Markets, a registered investment firm, is the trading name of the CWG Group of companies, which offers various tradable instruments, including forex, CFD stock, precious metals, energy, indices, and com. futures. Read all the relevant details about this broker below.
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