WCG Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract：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.

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.