Score
WCG Markets
Hong Kong|5-10 years| https://www.wcgmarkets.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
SingaporeContact
Licenses
Licensed Institution：文傳金業有限公司
License No.：012
Single Core
1G
40G
1M*ADSL
- The number of the complaints received by WikiFX have reached 14 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
Basic Information
Hong Kong
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
wcghk.com
Server Location
Hong Kong
Website Domain Name
wcghk.com
Server IP
18.163.74.255
-
wcgmarkets-global.com
Server Location
Hong Kong
Website Domain Name
wcgmarkets-global.com
Server IP
47.57.12.204
-
wcgmarkets.com
Server Location
Hong Kong
Website Domain Name
wcgmarkets.com
Server IP
47.57.12.204
Genealogy
VIP is not activated.WCG
WCG
CG MARKETS
Company Summary
| 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.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | iPhone, Android, APK, PC | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
WCG Markets doesn't reveal accepted payment methods. It only claims that deposit and withdrawal requests can be processed within 2 hours.
Keywords
- 5-10 years
- Regulated in Hong Kong
- Type A1 License
- MT4 Full License
- Regional Brokers
- High potential risk
News
Review WCG Markets:2024-03-28
WCG Markets:2024-03-28
2024-03-28 10:49
Review WCG Markets:2024-03-26
WCG Markets:2024-03-26
2024-03-26 11:11
Review WCG Markets:2024-03-21
WCG Markets:2024-03-21
2024-03-21 13:40
Review WCG Markets:2024-03-20
WCG Markets:2024-03-20
2024-03-20 11:05
Review WCG Markets:2024年03月19日黄金市况分析
WCG Markets:2024年03月19日黄金市况分析
2024-03-19 11:19
Review WCG Markets:2024年03月18日黄金市况分析
WCG Markets:2024年03月18日黄金市况分析
2024-03-18 10:39
Review 19
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FX1091430465
Taiwan
Deposit not credited to account
Exposure
2024-10-24
Tống Ánh
Singapore
I deposited into WCGGroupLtd platform-Live account 372590 18000 USD, then could not withdraw and lost all the money in the account.
Exposure
2024-06-14
Tống Ánh
Singapore
I loaded into the WCGGroupLtd platform-Live account 372590 18000USD then couldn't withdraw and lost all the money in the account.
Exposure
2024-06-11
Tống Ánh
Singapore
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.
Exposure
2024-06-03
Tống Ánh
Singapore
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.
Exposure
2024-05-31
Tống Ánh
Singapore
I deposited a total of 18,000USD but could not withdraw any money and the exchange automatically deducted my money.
Exposure
2024-05-27
Tống Ánh
Singapore
I deposited 18,000 USD and couldn't withdraw it. After that, all the money in the exchange was deducted. Fraud in the exchange.
Exposure
2024-05-25
Tống Ánh
Singapore
I deposited 18,000 USD then couldn't withdraw and lost all my money in my account. I don't know why.
Exposure
2024-05-24
Tống Ánh
Singapore
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.
Exposure
2024-05-16
Tống Ánh
Singapore
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.
Exposure
2024-05-14
le thi cam tu
Singapore
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.
Exposure
2024-05-10
Tống Ánh
Singapore
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.
Exposure
2024-05-09
Tống Ánh
Singapore
Cannot withdraw money. Tax must be paid when withdrawing
Exposure
2024-05-08
FX2803845122
Saudi Arabia
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.
Exposure
2024-02-04
Hendrik G
Netherlands
I have to say, QCG's customer support team is great, always responsive and helpful. Besides, its MT4 trading platform is the best one I've used.
Positive
2024-06-28
Mohd Ali bin Abdullah
Malaysia
Trade execution is transparent and fair. Solid trading signals and technical analysis are quite helpful. Truly, it is a reliable choice for trading.
Positive
2024-06-26
caca落B
Malaysia
Deposits are very smooth, the platform is stable, and withdrawals are smooth.
Positive
2024-06-12
Henz
United Kingdom
This broker is one of the best broker I have ever seen
Positive
2022-12-07
201955405
Colombia
So far, I think that the service provided by this company is satisfactory for me, and I can trade the financial instruments that I like! When I trade, I tend to choose a platform that provides MT4 services, and WCG fulfills this need of mine.
Positive
2022-11-23