WGL
abstrak：WGL operates as an online brokerage, facilitating trading across Forex, indices, commodities, and cryptocurrencies, offering leverage up to 1:500 and starting spreads at 0.0 pips. However, several concerning aspects warrant caution when considering this platform. As of now, the WGL website is inaccessible, and the company's lack of transparency regarding account tiers and minimum deposit requirements, coupled with the absence of disclosed regulatory information, has led some users to question its legitimacy. It is advisable to exercise caution when dealing with unregulated offshore brokers like WGL and instead opt for regulated and reputable platforms to mitigate the risk of potential financial loss or fraudulent activities.
| WGL Review Summary | |
| Founded | 5-10 years |
| Registered Country/Region | Vanuatu |
| Regulation | Unregulated |
| Market Instruments | Forex, Indices, Commodities, Cryptocurrencies |
| Demo Account | N/A |
| Leverage | Up to 1:500 |
| Spread | Starter Account: Starting from 1.0 pip, Advanced Account: Starting from 0.5 pips, Pro Elite Account: Starting from 0.1 pip |
| Trading Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Min Deposit | $100 |
| Customer Support | Phone: +678 2246768 |
| Email: cs@wseeglobal.com | |
WGL Information
WGL is an online brokerage that facilitates trading in forex, indices, commodities and cryptocurrencies, offering leverage of up to 1:500 and a starting spread of 0.0. It is registered in Vanuatu and has been operating for more than 5 years.
Pros and Cons
| Pros | Cons |
| Diverse Market Instruments | Unregulated Status |
| High Leverage | Website Inaccessibility |
| Outdated Trading Platforms | |
| Inefficient Customer Support |
Is WGL Legit?
WGLoperates without regulation of any regulatory institutions. It had been licensed by the Vanuatu Financial Services Commission (VFSC), but that has now been revoked.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
 | VFSC | Revoked | VATEE PTY LIMITED | Retail Forex License | 40097 |
What Can I Trade on WGL?
Clients get services of trading Forex, Indices (NASDAQ, S&P500, Dow Jones, DAX30, CAC40, FTSE100, and Nikkei225), Commodities (Gold, Silver, Oil, and Natural Gas), Cryptocurrencies (Bitcoin, Ethereum, and Litecoin) from WGL.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Crypto currencies | ✔ |
| Bonds | ❌ |
| Binary Options | ❌ |
| Mutual Funds | ❌ |
| Futures | ❌ |
Account Types
WGLoffers three live account types, namely Starter Account, Advanced Account, and Pro Elite Account.
Starter accounts require a minimum deposit of $100. The spread, starting at 1.0, leverages up to 1:200
Advanced Accounts require a minimum deposit of $1,000. It starts with a spread of 0.5 points and leverages up to 1:400.
Pro Elite accounts require a minimum deposit of $10,000. The spread, starting at 0.1 point, leverages up to 1:500.
| Minimum Deposit | Spread | Leverage | |
| Starter Account | $100 | start from 1 | 1:200 |
| Advanced Account | $1,000 | start from 0.5 | 1:400 |
| Pro Elite Account | $10,000 | start from 0.1 | 1:500 |
Leverage
WGL offers a maximum trading leverage of up to 1:500.
WGL Fees
The spread of the Starter Account, Advanced Account, and Pro Elite Account is 1, 0.5, 0.1 respectively.
Trading Platform
MetaTrader 4 (MT4), MetaTrader 5 (MT5) are the platforms chosen by WGL for clients.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 (MT4) | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
| MetaTrader 5 (MT5) | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
Deposit and Withdrawal
WGL offers a variety of methods of deposit and withdrawal, including Bank Wire Transfers, Credit/Debit Card, E-Wallet Services, Bank Wire Transfers, Credit/Debit Card Refunds, and E-Wallet Withdrawals.
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