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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

CWG Markets

United Kingdom | 5-10 years | Environment AA |
ECN Account Regulated in United Kingdom | Market Maker (MM) | MT5 Full License | Global Business | High potential risk | Offshore Regulated

https://www.cwgplatform.com/

Website

Rating Index

Environment

Environment

AA

Average transaction speed (ms)

620.1 Poor

MT4/5

Full License

CWGMarketsSVGLtd-Live

Germany
MT4
51

Influence

C

Influence index NO.1

Hong Kong 3.56
The WikiFX Score of this broker is reduced because of too many complaints!

Environment

Speed:C

Slippage:A

Cost:A

Disconnected:AAA

Rollover:AA

MT4/5 Identification

MT4/5 Identification

Full License

51
Server Name
CWGMarketsSVGLtd-Live MT4
Server Location Germany

Influence

Influence

C

Influence index NO.1

Hong Kong 3.56
Surpassed 73.30% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 2037699268
service@cwgmarkets.com
https://www.cwgplatform.com/
https://www.facebook.com/cwgmarkets/
VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
2025-08-29
  • The number of the complaints received by WikiFX have reached 16 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
2

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
CWG Markets Ltd
Abbreviation
CWG Markets
Company employee
--
Customer Service Email Address
service@cwgmarkets.com
Contact Number
+442037699268

nana2433

Verified

India

This broker scams it deducted profits from the account without justification for the action . And i have tried to reach them for restitution of my profits but there just saying still under process on live chat and on the emails there no longer reply. This broker is a scammer be alert otherwise you will lose your money!! Beware !

Exposure

08-16

kasongo1248

Verified

India

I've added more proof, please approve. I made a deposit to my account and I wasn't credited, after fews I contacted the customer support and I was assured I'll be credited but they still didn't credit me, here's more proof

Exposure

08-16

cural

Verified

India

This broker scams it deducted profits from the account without justification for the action . And i have tried to reach them for restitution of my profits but there just saying still under process on live chat and on the emails there no longer reply. This broker is a scammer be alert otherwise you will lose your money!! Beware !

Exposure

08-15

kenny6049

Verified

India

Love the website, allows for smooth and easy access. They keep tight spreads and offer a wide range of instruments to trade from. Also, their customer service is always ready to help with any problem or challenge

Positive

08-21

ghengis

Verified

India

CPI was straight forward on the analysis with implemented today, thank you CWG for giving me this opportunity!

Positive

08-15

trae3120

Verified

India

This platform is a really good one. I love their customer service. It is friendly and quite reliable

Positive

08-15

guru925

Verified

India

Well i love the broker everything about it is very unique and the market analysis is always smooth, it would've been better if this broker has a trading bot though . I love the broker for real.

Positive

08-15

jeff296

Verified

India

Love the website, allows for smooth and easy access. They keep tight spreads and offer a wide range of instruments to trade from. Also, their customer service is always ready to help with any problem or challenge

Positive

08-15

vert4953

Verified

India

I submitted withdrawal request for 5 working days and still haven't arrived. this withdrawal is taking too long. the broker should do better

Exposure

08-15

uzi6520

Verified

India

This brokers customer support are very active and are available to attend to your 24/7. this is very good

Positive

08-15

FX2002327148

Unverified

Egypt

My money was stolen and there was no response. This is a fraudulent company.

Exposure

06-11

FX1778504021

Unverified

Singapore

I’ve been trading with CWG on the MT5 platform for two months. The platform performs well and offers a wide range of trading options with attractive low spreads. Customer service and account managers are responsive and professional, which enhances the overall experience. I’m very satisfied with the service and user-focused approach. That said, clearer details on fees and account structures would make the experience even better.

Positive

06-02

FX2002327148

Unverified

Egypt

They defrauded us of $80,000. This is a fraudulent company. I do not recommend dealing with this company. 😞🙆

Exposure

03-07

FX2002327148

Unverified

Egypt

Very low spread, I recommend traders to deal with this broker ❤️

Positive

01-26

FX2002327148

Unverified

Egypt

A highly reputable broker with low spreads and fast execution, currently the strongest broker in the Middle East 😍

Positive

01-20

FX1741530044

Unverified

Taiwan

CWG MARKETS is an utterly fraudulent platform! Extremely shameless, everyone must be warned not to be deceived! Both my friend and I have had the same tragic experiences, and I am determined to fully expose the despicable actions of this fraudulent broker, CWG MARKETS, to warn everyone to stay away from this trap! The incident happened in June 2024 when my account was suddenly blocked without any explanation or warning, completely shut down unilaterally by the platform. I repeatedly contacted the account manager and customer service, but their responses were either evasive or maliciously delayed, giving no reasonable explanation at all. This attitude is simply mocking the victims, making people angry and helpless! What's even more unacceptable is that after months of waiting, instead of improving, the situation worsened dramatically! By September 2024, CWG MARKETS arbitrarily deducted 30,649 from my account—a blatant act of fraud! After taking my money, they even had the audacity to ask me to withdraw the remaining funds and leave the platform! What kind of logic is this? They are completely treating customers like sheep to be slaughtered, with no moral bottom line! I hope everyone takes this as a warning—do not be deceived again! If you have encountered similar situations, please bravely come forward and expose them. We must not allow such fraudulent platforms to continue their reckless behavior and harm more people!

Exposure

2024-12-19

FX1133109998

Unverified

Taiwan

CWG MARKETS Is a Complete Scam! Absolutely Shameless—Stay Away! I want to share my personal experience with CWG MARKETS, a so-called “broker” that turned out to be nothing but a scam. What they did to me was beyond outrageous, and I hope my story warns others to stay far away from this trap! It all started in June 2024, when my account was suddenly frozen out of nowhere. No explanation, no warning—nothing. I reached out to my account manager and customer support multiple times, but all I got were vague answers and endless excuses. They kept dodging my questions and delaying any real solutions. It was so frustrating and made me feel completely helpless. But the worst was yet to come. By September 2024, CWG MARKETS had randomly deducted a massive $26,652 from my account! There was no reason, no notice—just outright theft. And if that wasn’t bad enough, they actually had the audacity to tell me to withdraw the remaining balance and leave the platform. Seriously?! They trea

Exposure

2024-12-18

FX2869475308

Unverified

Taiwan

After depositing $100,000 on 6/21, I started trading. There was no problem with withdrawing profits until I applied for a withdrawal on 7/31. When I called the relevant personnel, they kept making excuses. It wasn't until 9/23 that the trading department of CWG sent a letter saying that I had engaged in "irregular trading" without any evidence, and then they unreasonably removed the amount of $34,579.43 from my MT4 account. I have been trading forex margin for a long time, and this is the first time I have encountered a platform that can take away your funds with just an "irregular trading" accusation. Because it takes 8 weeks for the UK to process my complaint letter, I want to remind CWG's customers here to be extra careful with this platform. Be extremely cautious. PS: The photos I provided are screenshots from my own backend. I have blurred my name and information to avoid retaliation from the platform and have deleted all my other information.

Exposure

2024-10-04

FX2751559258

Unverified

Taiwan

CWG Markets platform, under the pretext of swing trading, deducted the profits from the more profitable orders. It has been over half a year now, and they still haven't returned my profit of $5039.

Exposure

2024-09-22

FX3239819254

Unverified

Taiwan

I bought 5 lots of XAU/USD and made a profit of 5400 USD after the release of the Consumer Price Index (CPI) news at 20:30 Taiwan time on September 11, 2024. On the afternoon of September 12, the profit of 5400 USD in my CWG account on MT4 was maliciously cut off. Currently, I cannot place orders or withdraw funds from my CWG account. They said I violated the rules of rapid opening and closing trades. It's the first time I've heard of cutting off someone's profit like this. We traders can only lose money to the brokers, can't we make money? They said I violated the rules and regulations by scalping, but every trader has operated like this before. It's really despicable. Please give your opinions.

Exposure

2024-09-13

FX1734484768

Unverified

Argentina

Great broker. I would recommend them. My experience has been great with them. From deposit to withdrawal.

Positive

2024-08-27

Alice

Unverified

Ireland

Because of the low spread, I have been trading on CWG for 2 months. The attitude of the customer service and account manager is very good, and they can solve problems promptly. I am very satisfied with the overall service level and feel that this platform pays special attention to user experience. It is worth continuing to use.

Positive

2024-08-15

Starrr

Unverified

United Kingdom

MT5 platform works well and they offer a lot of trading options. But the lack of clear info on fees and account details was frustrating. CWG is decent, but they need to be clearer about their fees and other important details. 423. A

Neutral

2024-06-04

44
Account
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Environment
WikiFX Data
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Biz Area
Website
Genealogy
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Employees
Company Summary
Disclosure
News
Wiki Q&A
Comment
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Environment

Average transaction speed(ms)
620.1 Poor
The highest transaction speed(ms)
62 Great
The highest speed of opening positions(ms)
239
The highest speed of closing position(ms)
62 Great
The lowest speed of opening positions(ms)
1749
The lowest speed of closing position(ms)
937 Good
12.76USD/Lot Great
30.57USD/Lot Good
Long: -6.09USD/Lot    Short: 1.56USD/Lot Good
Long: -30.53USD/Lot    Short: 15.04USD/Lot
Average slippage
0.4
Maximum transaction slippage
12 Good
Maximum positive slippage
12 Poor
Maximum negative slippage
12 Good
Average disconnection frequency (times/day)
0.3 Perfect
Average reconnection time (millisecond/per request)
88.6
Ranking: 44 / 125
Test user 630
Orders 1,663
Ocuppied margin $9,671,559 USD
Data Source
WikiFX Data provide
Updated: 2025-08-28 01:00:00

Total Margin Trend

VPS Region User Products Closing time
Singapore 946*** XAUUSDp 08-28 19:43:18
Tokyo 105*** XAUUSDr 08-28 17:18:02
BeiJing 425*** XAUUSDp 08-28 18:25:33

Stop Out

0.70%

Stop Out Symbol Distribution

6 months

Sources
Language
Mkt. Analysis
Creatives

Website

cwgplatform.com
104.21.48.146
cwgchinese.com
129.226.148.52
icwgmarkets.com
172.67.70.17
cwgcn.com
104.26.5.247
cwgvu.com
47.57.6.140
cwgmarkets.co.uk
35.178.170.7
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Genealogy

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Relevant Enterprises

CWG Markets Limited(Hong Kong)
Active
Hong Kong
Registration No.
2831726
Established
2019-05-22
CWG MARKETS LTD(United Kingdom)
Active
United Kingdom
Registration No.
08888720
Established
2014-02-12

Company Summary

CWG Markets Review Summary
Founded2023-05-23
Registered Country/RegionUnited Kingdom
RegulationOffshore Regulated(VFSC)/Regulated(FCA)
Market InstrumentsForex/CFD stock/Precious metals/Energy/Indices/Com. Futures
Demo Account
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformCWG
Min Deposit$10
Customer SupportEmail: service@cwgmarkets.com
Phone: +44 2037699268, +60 1800819380
Live chat
Facebook/LinkedIn/Instagram

CWG Markets Information

CWG Markets, a registered investment firm, is the trading name of the CWG Group of companies that provides various tradable instruments including forex, CFD stock, precious metals, energy, indices, and com. futures. The broker also provides four live accounts with a maximum leverage of 1:1000. The demo and Islamic accounts are also available. The minimum spread is from 0.0 pips and the minimum deposit is $10.

CWG Markets Information

Pros and Cons

Pros Cons
Various tradable instrumentsHigh max leverage
Offshore Regulated(VFSC)/Regulated(FCA)MT4/MT5 unavailable
Spread from 0.0 pipsSome negative comments
Demo account available

Is CWG Markets Legit?

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
Is CWG Markets Legit?
VFSCCWG MARKETS LTDRetail Forex License41694Offshore Regulated
Is CWG Markets Legit?
FCACWG Markets LtdMarket Making(MM)785129Regulated
Is CWG Markets Legit?
Is CWG Markets Legit?
Is CWG Markets Legit?

What Can I Trade on CWG Markets?

CWG Markets offers 500+ market instruments, including forex, CFD stock, precious metals, energy, indices, and com. futures.

Tradable Instruments Supported
Forex
Energy
CFD Stock
Indices
Precious Metals
Com. Futures
Shares
Commodities
Cryptocurrencies
ETFs
Bonds
Mutual Funds
What Can I Trade on CWG Markets?

Account Type

CWG Markets has four account types: Instant, Standard, Advanced, and Institutional. Traders who want low spreads and leverage can choose an institutional account, while those with a small budget can open an instant account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus). Muslims are allowed to open Islamic accounts without swaps.

Account Type InstantStandardAdvancedInstitutional
Minimum Deposit$10$50$200$30000
Spreads2.2 pips1.5 pips0.0 pips0.0 pips
Maximum Leverage1:10001:5001:5001:100
Commission$0 Per Side$0 Per Side$3 Per Side$1.5 Per Side
Stop Out Level50%50%50%50%

CWG Markets Fees

The spread starts from 0.0 pips, the commission is from $0 per side, and the swap is as low as 0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

CWG Markets provides a propriety trading platform, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading PlatformSupported
CWG
Trading Platform

Deposit and Withdrawal

The first deposit amount must be $10 or above. CWG Markets accepts Visa, Mastercard, UnionPay, Poli, PayPal, Skrill, Neteller, Bank Transfer, etc. for deposit and withdrawal and commissions are free. CWG Markets does not charge any fees for withdrawals and covers the payment provider's fees for your first five withdrawals each month. For additional withdrawals beyond this limit, a $5 fee is applied to each transaction. Deposit processing times are instant and withdrawal processing times are within 72 hours.

Deposit:

Payment OptionCurrenciesCommissionProcessing TimeEstimated Arrival Time
SkrillUSD/EURFreeWithin 30 minutesInstantly
NetellerUSD/EURFreeWithin 30 minutesInstantly
SticpayGBP/USD/EURFreeWithin 30 minutesInstantly
China UnionPayCNYFreeWithin 30 minutesInstantly
Bank TransferGBP/USD/EURFreeWithin 72 hoursInstantly
Help2PayTHB/VND/IDRFreeWithin an hourInstantly
5PayTHB/VND/IDRFreeWithin 24 hoursInstantly
5PayUSDT-ERC20/USDT-TRC20FreeWithin an hourInstantly
77payVNDFreeWithin an hourInstantly
KoraNGN/ZAR/KES/GHS/USDFreeWithin an hourInstantly
Pay RetailersSupport all South American countriesFreeWithin an hourInstantly
Asia BanksIDR/VND/MYRFreeWithin an hourInstantly
ECOMVNDFreeWithin an hourInstantly

Withdrawal:

Payment OptionCurrenciesCommissionProcessing TimeEstimated Arrival Time
SkrillUSD/EURFreeWithin an hourInstantly
NetellerUSD/EURFreeWithin an hourInstantly
SticpayGBP/USD/EURFreeWithin an hourInstantly
China UnionPayCNYFreeWithin an hour1-72 hours
Bank TransferGBP/USD/EURFreeWithin an hour1-72 hours
Help2PayTHB/VND/IDRFreeWithin an hour1-48 hours
5PayTHB/VND/IDRFreeWithin an hour1-24 hours
5PayUSDT-ERC20/USDT-TRC20FreeWithin an hour1-48 hours
77payVNDFreeWithin an hour1-48 hours
KoraNGN/ZAR/KES/GHS/USDFreeWithin an hour1-48 hours
Pay RetailersSupport all South American countriesFreeWithin an hour1-48 hours
Asia BanksIDR/VND/MYRFreeWithin an hour1-48 hours
ECOMVNDFreeWithin an hour1-48 hours
Deposit and Withdrawal

Bonus

A deposit bonus can be 100% when traders register and deposit funds. Up to $2,000 per account.

Keywords

  • 5-10 years
  • Regulated in United Kingdom
  • Regulated in Vanuatu
  • Market Maker (MM)
  • Retail Forex License
  • MT5 Full License
  • White label MT4
  • Global Business
  • High potential risk
  • Offshore Regulated

News

CWG Standard Account Cashback Carnival Countdown Underway

News CWG Standard Account Cashback Carnival Countdown Underway

📌Up to $2 cashback per lot, covering Gold/FX/Silver!📌 Automatic cashback with no upper limit – the more you trade, the more you earn!📌 Ends on August 31st – dont miss out!⏳ The final sprint has beg

2025-08-28 16:30

Fed Chair announcement in autumn; USD fluctuates, gold nears $3400.

Review Fed Chair announcement in autumn; USD fluctuates, gold nears $3400.

On Wednesday, the US dollar index showed an inverted V trend, ultimately closing slightly down 0.06% at 98.147. The yield of US Treasury bonds generally fell, with the benchmark 10-year yield closing

2025-08-28 15:06

Fed concerns weakened USD, boosting gold to a half-month high.

Review Fed concerns weakened USD, boosting gold to a half-month high.

On Tuesday, due to Trumps attempt to dismiss Federal Reserve Governor Cook, which raised concerns in the market about central bank independence, the US dollar index fell but remained above the 98 leve

2025-08-27 13:55

Transfer to CWG and Enjoy a 0.5% Cash Back on Your Investment!

News Transfer to CWG and Enjoy a 0.5% Cash Back on Your Investment!

If youre looking for a more competitive investment platform, CWG is the ideal choice. Now, by transferring to CWG, you can immediately enjoy a 0.5% cash back. This limited-time offer rewards you more

2025-08-26 14:51

Fed’s rate cut uncertain; USD rose, gold fell.

Review Fed’s rate cut uncertain; USD rose, gold fell.

On Monday, as the markets optimism about the prospect of interest rate cuts subsided, the US dollar index rebounded and returned above the 98 level, ultimately closing up 0.71% at 98.394. US Treasury

2025-08-26 13:42

Is CWG Markets Legit or a Scam?

Exposure Is CWG Markets Legit or a Scam?

CWG Markets, a registered investment firm, is the trading name of the CWG Group of companies, which offers various tradable instruments, including forex, CFD stock, precious metals, energy, indices, and com. futures. Read all the relevant details about this broker below.

2025-01-29 12:34

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※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
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