WZG

WZG | 2024-11-21 10:47

Abstract：WZG, established in 2021 and based in Hong Kong, is a trading firm specializing in precious metals trading. It offers MT4 and a proprietary mobile app. However, its regulatory license from the CGSE is suspected to be a clone.

Note: WZG' official website: https://www.wzg9999.com is currently inaccessible normally.

WZG Review Summary
Founded	2017
Registered Country/Region	Hong Kong
Regulation	CGSE (Suspicious Clone)
Market Instruments	London Gold, Silver, and various bars
Demo Account	❌
Leverage	/
Trading Platform	MT4, WZG mobile app
Min Deposit	/
Customer Support	Tel: +852 2388 9560 (24/7)
	Fax: (+852) 2388 0789
	Email: support@wzg.com
	Address: Room 2601-02, Nina Plaza Phase 2, 8 Yeung Uk Road, Tsuen Wan, Hong Kong

WZG, established in 2021 and based in Hong Kong, is a trading firm specializing in precious metals trading. It offers MT4 and a proprietary mobile app. However, its regulatory license from the CGSE is suspected to be a clone.

Pros and Cons

Pros	Cons
MT4 available	CGSE (Suspicious Clone)
	Inaccessible website
	No info on minimum deposit

Is WZG Legit?

No. WZG can not be regarded as a legit broker.

It claims to be regulated by the China Hong Kong CGSE under license number 141. However, there are suspicions that this license number may be a clone of a legitimate registration.

	The Chinese Gold & Silver Exchange Society (CGSE)
Regulatory Status	Suspicious Clone
Regulated by	Hong Kong
Licensed Institution	WH Group Bullion Group Co., Ltd
Licensed Type	Type AA License
Licensed No.	141

What Can I Trade on WZG?

WZG offers trading in a variety of precious metals, including London Gold, London Silver, 99 Gold, kilo bars in Hong Kong dollars and Renminbi, as well as 5 tael gold bars and 15 kg silver bars in 999.9 fineness in Hong Kong dollars.

Trading Platform

WZG provides the international MT4 platform, which offers its zero-delay trading and analyst support. They also offer a proprietary app, the WZG app, which handles account opening, trading, and transactions.

Deposit and Withdrawal

For deposits and withdrawals, WZG supports online banking, mobile payments, and bank transfers.

Broker Dealer

Related broker

Suspicious Clone

WZG

Company name：万洲金业集团有限公司

Score

1.44

Website：https://www.wzg9999.com

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.44

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