Home -
WINGO MARKETS -

Score

2.00 /10
Danger

WINGO MARKETS

Comoros

2-5 years

Questionable Regulatory License

MT5 Full License

Global Business

High Potential Risk

https://wingomarkets.com

Influence

C

Add brokers

Comparison

Quantity 4

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.92

Risk Management Index0.00

Software Index8.21

License Index0.00

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
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

Broker Information

More

Company Name

Wingo Group LTD

Company Abbreviation

WINGO MARKETS

Platform registered country and region

Comoros

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2026-06-01
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • WikiFX has received 4 investor complaints against this broker. Please be aware of the risks.

WikiFX Verification

Exposure

4 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

wingo markets， Scammed me with $3250. Through a friend's introduction, I registered an account on the platform and planned to trade manually.

wingo markets， Scammed me with $3250. Through a friend's introduction, I registered an account on the platform and planned to trade manually. After two weeks of trading, I made a small profit. Wingo Markets deducted all of my profits and $250 of my principal for unfounded reasons. They arbitrarily deducted the reason for the violation. I have saved all the records and the transaction flow can withstand any verification. I will file a complaint with the regulatory and public security departments of our country and file a complaint through all complaint channels of Wingo.

FX1730318634
2026-04-22 22:04
Scam

WINGO scammed account 49****, with $USD 9,410.

Account: 49**** | Total Loss: $9,410 USD Wingo Markets has illegally withheld funds and manipulated account balances. Evidence of fraud includes: * Unauthorized Fund Splitting: The balance was split into $7,980 and $1,428 without consent. * Manual Balance Manipulation: The $7,980 portion was drained to $0.00. The logs cite "Balance Correction" despite no active trades, proving direct manual intervention by the broker. * Wallet Freeze: The remaining $1,428 is currently blocked in the wallet, preventing any access. Conclusion: These actions constitute a documented theft of $9,410 via systematic manual overrides.

FX3018543030
2026-05-05 16:02
Unable to Withdraw

Scam

I am filing a formal complaint against Wingo for unauthorized fund transfers and account termination. I originally deposited USD via Volet as explicitly instructed by the broker. However, Wingo later moved my funds from my private wallet to their own internal wallet without my consent. This occurred immediately after I refused a forced cryptocurrency withdrawal, as I wanted to maintain standard banking protections and anti-fraud safeguards. I have provided full documentation and transaction paths , which Wingo acknowledged via email. Despite this, the broker began making unreasonable demands for 2025–2026 tax receipts—documents that are irrelevant to the initial deposit verification. Only two days after I formally declined the forced crypto withdrawal for the third time, Wingo closed my two trading accounts without notice. My access to MetaTrader and my remaining funds is now completely blocked. I have preserved all evidence and am reporting this to warn others.

FX2007756449
2026-04-20 22:33
Scam

Wingomarkets is a SCAM broker!

They've deleted all my profit over 1200$. They didn't provide any proofs just closed my account and deleted the profit. This was their email.We hope this email finds you well. We are writing to inform you that we have noticed a violation of our terms and conditions on your account. We understand that you may not have read our terms and conditions thoroughly. However, we take violations of our terms and conditions very seriously as they can impact the security and integrity of our platform. Therefore, we regret to inform you that we have decided to deactivate your account within the next 24 hours following our terms and conditions. We apologize for any inconvenience this may cause, but we hope you understand that we must take action to safeguard our platform and our other clients.Before your account is deactivated, you have the option to withdraw your initial balance. If you have any questions or concerns, please do not hesitate to contact us.We appreciate your cooperation and your business with us.

FX3566334159
2024-04-28 18:03
WINGO MARKETS · Company summary
AspectInformation
Company NameWINGO
Registered CountryCyprus
Founded Year2023
RegulationRegulated by FinCEN
Tradable AssetsCryptocurrencies, forex, commodities, indices, stocks
Account TypesStandard, ECN, RAW, VIP, Social Trade, Social Trade VIP
Minimum Deposit$100
Maximum Leverage1:400
SpreadsFrom 0.0 pips
Trading PlatformMT5
Deposit & WithdrawalB2Bin PAY, cryptocurrencies, Advcash, VISA, and Mastercard
Educational ResourcesFAQ, blog
Customer SupportEmail support@WINGO.com

WINGO Information

WINGO, established in 2023 and headquartered in Cyprus. This trading platform offers multiple account types including Standard, ECN, RAW, VIP, Social Trade, Social Trade VIP. The platform requires a minimum deposit of $100 of standard account and provides leverages of up to 1:400.

Trading occurs across various markets, including cryptocurrencies, forex, commodities, indices, and stocks, offering traders a comprehensive range of tradable assets. WINGO operates primarily on the MT5 trading platform. The platform offers competitive spreads, starting as low as 0.0 pips, enhancing trading efficiency.

Is WINGO Legit?

WINGO is currently regulated by FinCEN with the license number of 31000253973445.

Is WINGO Legit?

Pros & Cons

ProsCons
Regulated by FinCEN
6 account typesHigh minimum deposit of VIP account
No commissions
High leverage of up to 1:400
Popular trading assets
Relatively low commissions and tight spreads
Copy trading available for 2 social trade accounts

Market Instruments

  1. FOREX: With ultra-low spreads as tight as 0.1 pip, trade 182 FX spot pairs and 140 forwards spanning majors, minors, exotics, and metals.
  2. METALS: Diversify your portfolio by trading gold, silver, copper, and platinum with spreads starting from 0.8 pips.
  3. COMMODITIES: Trade a wide range of commodities including USOIL, with spreads starting from 0.3 and the flexibility to engage in CFDs, futures, options, spot pairs, and more.
  4. INDICES: Access over 100 instruments with spreads as low as 0.4 on US500, allowing both long and short positions across various indices with low commissions.
  5. STOCKS: Gain access to stocks across core and emerging markets with spreads starting from $3 on US stocks, encompassing major exchanges globally.
  6. CRYPTO: Engage in crypto trading with remarkably low spreads as low as 0.01%, ensuring competitive rates and minimized commissions for crypto enthusiasts.

    Market Instruments

Account Types

WINGO offers a tiered account structure.

For beginners, the Standard account provides a low-barrier entry with zero commission and a minimum deposit of $100.

As trading experience grows, the ECN and RAW accounts offer progressively tighter spreads (from normal to raw) and lower commissions, with minimum deposits of $500 and $2,000 respectively.

The VIP account targets high-volume traders with the tightest spreads (from 0 pips) and a minimum deposit of $10,000.

Social trading options are available for those interested in copy trading, with the Social Trade account offering commission-free trading and spreads from 0.4 pips, while the Social Trade VIP account provides tighter spreads from 0.1 pip for a $5,000 minimum deposit.

Account TypeMin. DepositCommissionSpreadsLeverageInstrumentsTarget Audience
Standard$1000Normal1：400200Beginner Friendly
ECN$500LowTight1：4001000Experienced Traders
RAW$2,000Very LowRaw1：4001000Experienced Traders
VIP$10,000TightRaw (from 0 pips)1：4001000High Volume Traders
Social Trade$2000From 0.4 pip1：400Copy Trading
Social Trade VIP$5,000$6 per lotFrom 0.1 pip1：400Copy Trading (Advanced)
Account Types

Account Types

Leverage

WINGO offers a maximum leverage of up to 1:400 for traders. Leverage allows traders to amplify their position size with a relatively small amount of capital. A 1:400 leverage means that for every unit of capital in the trader's account, they can open a position in the market that is 400 times larger.

Spreads & Commissions

WINGO boasts competitive spreads and a commission-free structure for its traders. The spreads at WINGO start as low as 0 pips, indicating minimal differences between the buying and selling prices of assets. This low spread is advantageous for traders as it can reduce trading costs.

However, they do not explain any detailed information of commissions.

Trading Platform

WINGO offers traders access to MetaTrader 5, a cutting-edge platform designed by Metaquotes. It boasts numerous advantages, including 21 timeframes for a whole view of market movements, support for 6 pending order types, and the flexibility of both hedging and netting options. Moreover, it includes a multi-thread strategy tester for expert advisors (EAs).

Deposit & Withdrawal

You can fund your WINGO account using various methods, including cryptocurrencies, Advcash, VISA, and Mastercard.

Deposit & Withdrawal

Customer Support

WINGO offers multifaceted customer support through varied channels. Contact them via email at support@wingomarkets.com for comprehensive assistance. Additionally, their hotline at +35725591367 provides direct access to knowledgeable representatives, ensuring swift resolution of queries. For immediate assistance and real-time guidance, an online chat option is available.

FAQs

What is the minimum deposit required to open an account with WINGO?

$100.

Which trading platform does WINGO offer?

WINGO offers the MetaTrader 5 platform for traders, equipped with advanced features and multiple tools.

Are there any commission fees charged for trades on WINGO?

WINGO operates on a commission-free model at standard and social trade account.

How many tradable assets are available on WINGO?

WINGO offers access to over 160 CFDs, encompassing cryptocurrencies, forex, commodities, indices, and stocks for trading.

News

ExposureWINGO MARKETS Review 2026: Is this Forex Broker Legit or a Scam?

WINGO MARKETS is an unregulated offshore broker established in 2023 with a critically low WikiFX score of 1.99/10. Due to confirmed reports of withheld profits and sudden account closures, the safety risk is exceptionally high.

WikiFX
2026-04-23 12:07
WINGO MARKETS Review 2026: Is this Forex Broker Legit or a Scam?

ExposureWingo Markets Exposure: Alleged Profit Deletions and Forced Account Closures

Has Wingo Markets deducted all your profits from the trading platform? Did it illegitimately close your forex trading account and burn all your hard-earned capital? Have you been denied withdrawals all the time? Maybe your issues align with many of its clients who have reported these incidents online. In this Wingo review article, we will check out the complaints, the broker’s regulation status, and some other events it is linked to. Keep reading!

WikiFX
2026-02-11 18:39
Wingo Markets Exposure: Alleged Profit Deletions and Forced Account Closures

ExposureExposing WingoMarket: A Brokerage Betrayal

In the vast landscape of online trading, the promise of financial prosperity often lures individuals seeking to secure their financial future. However, amidst the plethora of brokerage firms, some entities operate not with integrity, but with deceit and betrayal. One such entity is WingoMarket, a broker whose actions have left a trail of shattered dreams and broken trust.

WikiFX
2024-05-27 17:08
Exposing WingoMarket: A Brokerage Betrayal

NewsWingo Markets Added New 1000 Trading Instruments And Features

Discover how Wingo Markets is reshaping the forex landscape with a diverse range of over 1000 trading instruments, competitive pricing, and user-friendly tools. Whether you're a novice or seasoned trader, Wingo Markets empowers you to excel in the dynamic world of forex trading. Explore their innovative platform today.

WikiFX
2023-11-22 11:34
Wingo Markets Added New 1000 Trading Instruments And Features
About More

User Reviews

More

User comment

18

Comments

Write a review

FX3018543030
0-3months
Account: 49**** | Total Loss: $9,410 USD Wingo Markets has illegally withheld funds and manipulated account balances. Evidence of fraud includes: * Unauthorized Fund Splitting: The balance was split into $7,980 and $1,428 without consent. * Manual Balance Manipulation: The $7,980 portion was drained to $0.00. The logs cite "Balance Correction" despite no active trades, proving direct manual intervention by the broker. * Wallet Freeze: The remaining $1,428 is currently blocked in the wallet, preventing any access. Conclusion: These actions constitute a documented theft of $9,410 via systematic manual overrides.
Account: 49**** | Total Loss: $9,410 USD Wingo Markets has illegally withheld funds and manipulated account balances. Evidence of fraud includes: * Unauthorized Fund Splitting: The balance was split into $7,980 and $1,428 without consent. * Manual Balance Manipulation: The $7,980 portion was drained to $0.00. The logs cite "Balance Correction" despite no active trades, proving direct manual intervention by the broker. * Wallet Freeze: The remaining $1,428 is currently blocked in the wallet, preventing any access. Conclusion: These actions constitute a documented theft of $9,410 via systematic manual overrides.
Translate to English
2026-05-05 16:02
Reply
0
0
FX1730318634
more than one year
wingo markets， Scammed me with $3250. Through a friend's introduction, I registered an account on the platform and planned to trade manually. After two weeks of trading, I made a small profit. Wingo Markets deducted all of my profits and $250 of my principal for unfounded reasons. They arbitrarily deducted the reason for the violation. I have saved all the records and the transaction flow can withstand any verification. I will file a complaint with the regulatory and public security departments of our country and file a complaint through all complaint channels of Wingo.
wingo markets， Scammed me with $3250. Through a friend's introduction, I registered an account on the platform and planned to trade manually. After two weeks of trading, I made a small profit. Wingo Markets deducted all of my profits and $250 of my principal for unfounded reasons. They arbitrarily deducted the reason for the violation. I have saved all the records and the transaction flow can withstand any verification. I will file a complaint with the regulatory and public security departments of our country and file a complaint through all complaint channels of Wingo.
Translate to English
2026-04-22 22:04
Reply
0
0
4