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WCG Markets -

Regulated

Score

6.70 /10

Average

WCG Markets

Item: WCG Markets
Rating: 6.70

Hong Kong

5-10 years

Regulated in Hong Kong

Type A1 License

MT4 Full License

Regional Brokers

High potential risk

https://www.wcgmarkets.com

Benchmark

AAA

Influence

Add brokers

Comparison

Quantity 14

Exposure

Open Account

Website

Score

Regulatory Index7.02

Business Index7.65

Risk Management Index0.00

Software Index9.99

License Index7.02

The WikiFX Score of this broker is reduced because of too many complaints!

Open Account

Website

Licenses

HKGX Regulated

Type A1 License

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

open now

Broker Information

Company Name

WCG Markets Ltd.

Company Abbreviation

WCG Markets

Platform registered country and region

Hong Kong

Company website

Facebook

https://www.facebook.com/WCG-109473260957040

Instagram

https://www.instagram.com/wcg_markets/

Company summary

Pyramid scheme complaint

Expose

WCG Markets · Company summary

WCG Markets Review Summary
Founded	2021-02-24
Registered Country/Region	China Hong Kong
Regulation	Regulated
Market Instruments	Forex/Precious metals/Crude oil/Futures/Stocks/Cryptocurrencies
Demo Account	✅
Leverage	1:200(FX)
Spread	/
Trading Platform	MT4(iOS/Android/Huawei/Windows)
Min Deposit	/
Customer Support	Phone: 4001 203 612, 4008 428 912
	Email: support@wcgmarkets.com
	Live chat/WhatsApp/Line/Telegram/Facebook/Instagram
	Facebook/Instagram

WCG Markets Information

WCG Markets is a broker that provides traders with access to various opportunities across global financial markets, including forex, precious metals, crude oil, futures, stocks, and cryptocurrencies. WCG Markets also offers demo accounts and up to 200x leverage on forex trading. In addition, traders can access the MT4 trading platform through WCG Markets.

Pros and Cons

Pros	Cons
MT4 available	No fee method
24/7 customer support	Unspecific deposit and withdrawal information
Regulated	Negative comments about difficulty in withdrawal
Demo account available	No 24/7 customer support
Various tradable instruments

Is WCG Markets Legit?

WCG Markets is authorized and regulated by HKGX with license number 012. The license type is Type A1 License, which is safer than unregulated ones.

What Can I Trade in WCG Markets?

WCG Markets offers various market instruments, including forex, precious metals, crude oil, futures, stocks, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Precious Metals	✔
Crude Oil	✔
Futures	✔
Stocks	✔
Cryptocurrencies	✔
Shares	❌
Commodities	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Leverage

WCG Markets provides 200x leverage for foreign exchange, 800USD leverage for precious metals, 1000USD leverage for the original, and 100x leverage for indices.

Trading Platform

Traders can conduct financial activities in MT4, available in iOS, Android, Huawei, and Windows through WCG Markets. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	iOS/Android/Huawei/Windows	Junior traders

Deposit and Withdrawal

WCG processing withdrawal application time: 11:00-12:00 noon/ 2:00-5:00 pm The withdrawal will be processed once every hour, and it will arrive in the account within 2 hours at the fastest. One business day for processing. However, the payment methods and associated fees are unknown.

Check whenever you want

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WikiFX Risk Alerts

Previous Detection : 2025-09-16

WikiFX has received a total of 14 user complaints against this broker, please be aware of the risks and do not be scammed!

EXPO

WikiFX Survey

WCG Markets

Hong Kong

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

WCG Markets · Benchmark

Average transaction speed(ms)

217 Perfect

The highest transaction speed(ms)

182

The highest speed of opening positions(ms)

182 Good

The highest speed of closing position(ms)

182 Good

The lowest speed of opening positions(ms)

260 Perfect

The lowest speed of closing position(ms)

240 Perfect

Ranking： 8 / 125

Test user 99

Transactions 1,618

Ocuppied margin $183,088 USD

Data Source

WikiFX Data provide

Updated: 2025-09-04 01:09:00

Exposure

14 pieces of exposure in total

Pyramid scheme complaint

Expose

Others

Deposit money not into account

Deposit not credited to account

2024-10-24 02:12

Unable to Withdraw

Deposited money to be withdraw

Deposited money to be withdrawn internally, and cannot withdraw money. Forced to pay tax when withdrawing. Fraudulent brokers. Create a fake gmail of the exchange for texting.

2024-05-16 22:02

Unable to Withdraw

Can't withdraw money, scam platform

I deposited 18,000USD into the exchange and could not withdraw it, then the amount was automatically deducted by the exchange and there is no history of deduction.

2024-06-03 19:31

Unable to Withdraw

I deposited 18,000 USD and cou

I deposited 18,000 USD and couldn't withdraw it. After that, all the money in the exchange was deducted. Fraud in the exchange.

2024-05-25 01:35

Unable to Withdraw

Cannot withdraw money. Tax mus

Cannot withdraw money. Tax must be paid when withdrawing

2024-05-08 17:27

Unable to Withdraw

Scam platform. Deposit cannot

Scam platform. Deposit cannot be withdrawn. Send an email and they will contact the introducer. Deposited 18,000 USD and was withdrawn internally within the exchange without a single response to the customer.

2024-05-14 18:54

Unable to Withdraw

I deposited 18000 USD into the

I deposited 18000 USD into the WCGGroupLtd-Live platform account: 372590 and after that I could not withdraw and the amount was automatically deducted for no reason.

2024-05-31 01:59

Unable to Withdraw

Can't withdraw money. Internal broker scams investors.

I loaded into the WCGGroupLtd platform-Live account 372590 18000USD then couldn't withdraw and lost all the money in the account.

2024-06-11 08:36

Unable to Withdraw

I deposited 18,000 USD then co

I deposited 18,000 USD then couldn't withdraw and lost all my money in my account. I don't know why.

2024-05-24 08:19

Scam

I deposited $1000 to register

I deposited $1000 to register as a member but the platform said my account was suspended. And now I paid another $500 to reactivate my account and all the money has stopped appearing. Recommend consideration and handling.

2024-05-10 12:57

Unable to Withdraw

Required to pay tax to withdra

Required to pay tax to withdraw but can't withdraw until tax payment. Waited 1 week with no response. Deposited $18,000, was withdrawn internally within the exchange.

2024-05-09 14:56

Unable to Withdraw

You cannot withdraw money, and all money will be deducted.

I deposited into WCGGroupLtd platform-Live account 372590 18000 USD, then could not withdraw and lost all the money in the account.

2024-06-14 18:37

Unable to Withdraw

I deposited a total of 18,000U

I deposited a total of 18,000USD but could not withdraw any money and the exchange automatically deducted my money.

2024-05-27 15:52

Unable to Withdraw

Unable to withdraw

The first thing I deposited money was $3,700 and I traded the yen and my profits reached $59,000. Then I spoke to Hamad and Hisham. I wanted to withdraw my profits. They were not approved and I was banned and will never be responded to. It’s just a scam.

2024-02-04 11:22

WCG Markets · Company summary

WCG Markets Review Summary
Founded	2021-02-24
Registered Country/Region	China Hong Kong
Regulation	Regulated
Market Instruments	Forex/Precious metals/Crude oil/Futures/Stocks/Cryptocurrencies
Demo Account	✅
Leverage	1:200(FX)
Spread	/
Trading Platform	MT4(iOS/Android/Huawei/Windows)
Min Deposit	/
Customer Support	Phone: 4001 203 612, 4008 428 912
	Email: support@wcgmarkets.com
	Live chat/WhatsApp/Line/Telegram/Facebook/Instagram
	Facebook/Instagram

WCG Markets Information

Pros and Cons

Pros	Cons
MT4 available	No fee method
24/7 customer support	Unspecific deposit and withdrawal information
Regulated	Negative comments about difficulty in withdrawal
Demo account available	No 24/7 customer support
Various tradable instruments

Is WCG Markets Legit?

WCG Markets is authorized and regulated by HKGX with license number 012. The license type is Type A1 License, which is safer than unregulated ones.

What Can I Trade in WCG Markets?

WCG Markets offers various market instruments, including forex, precious metals, crude oil, futures, stocks, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Precious Metals	✔
Crude Oil	✔
Futures	✔
Stocks	✔
Cryptocurrencies	✔
Shares	❌
Commodities	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Leverage

WCG Markets provides 200x leverage for foreign exchange, 800USD leverage for precious metals, 1000USD leverage for the original, and 100x leverage for indices.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	iOS/Android/Huawei/Windows	Junior traders

Deposit and Withdrawal

News

NewsWikiFX Broker Assessment Series | WCG Markets: Is It Trustworthy?

In this article, we will conduct a comprehensive examination of WCG Markets, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.