Score

8.31 /10
Good

CWG Markets

United Kingdom

5-10 years

Regulated in United Kingdom

Market Maker (MM)

MT5 Full License

Global Business

Medium potential risk

Offshore Regulated

B
C

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Comparison

Quantity 7

Exposure

Open Account
Website

Score

Regulatory Index8.13

Business Index7.38

Risk Management Index8.22

Software Index9.88

License Index8.13

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

MY SCM
2023-01-01

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Broker Information

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Company Name

CWG Markets Ltd

Company Abbreviation

CWG Markets

Platform registered country and region

United Kingdom

Company website

Facebook

Instagram

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2025-04-30
  • The Vanuatu VFSC regulation with license number: 41694 is an offshore regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

CWG Markets · Benchmark
Average transaction speed(ms)
932.8 Poor
The highest transaction speed(ms)
250
The highest speed of opening positions(ms)
250
The highest speed of closing position(ms)
266
The lowest speed of opening positions(ms)
1953
The lowest speed of closing position(ms)
688 Great
Ranking: 82 / 125
Test user 615
Transactions 2,465
Ocuppied margin $9,612,820 USD
Data Source WikiFX Data provide
Updated: 2025-04-28 01:04:00
Pyramid scheme complaint
Expose
Sources
CWG Markets · 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.

News

ReviewConsumer confidence up, USD rises; Trump's volatility drives gold swings.

Last Friday, driven by hopes of easing global trade tensions, the US dollar index rose and ultimately closed up 0.325% at 99.61, ending a four week losing streak. The yield on US Treasury bonds contin

WikiFX
2025-04-28 13:49
Consumer confidence up, USD rises; Trump's volatility drives gold swings.

NewsCWG Markets Wins "Best Online Trading Service Provider UK 2025" for Innovation and Excellence

CWG Markets, a global leader in fintech and financial services, has been honored with the prestigious Best Online Trading Service Provider UK 2025 award by Global Business and Finance Magazine, a reno

WikiFX
2025-04-27 10:45
CWG Markets Wins "Best Online Trading Service Provider UK 2025" for Innovation and Excellence

ReviewUSD down, gold above $3360 on optimism, bargain buying.

On Thursday, due to the Federal Reserves speech driving up expectations of interest rate cuts, the US dollar index fell slightly and ultimately closed down 0.611% at 99.29. The yield on US Treasury bo

WikiFX
2025-04-25 14:51
USD down, gold above $3360 on optimism, bargain buying.

NewsCWG won the "2025 Middle East’s Fastest Growing Trading Platform" award.

Leading global financial trading service provider CWG Markets has been honored with the prestigious *Fastest Growing Low-Spread Multi-Asset Trading Platform Middle East 2025* award by Gazet Internatio

WikiFX
2025-04-25 14:17
CWG won the "2025 Middle East’s Fastest Growing Trading Platform" award.

ReviewMarket sentiment improved; USD surged Wednesday while gold dropped nearly 3%.

On Wednesday, as Trump and Besant released optimistic signals in trade negotiations, the US dollar index continued to rebound, ultimately closing up 0.932% at 99.9. The yield of US Treasury bonds fluc

WikiFX
2025-04-24 14:03
Market sentiment improved; USD surged Wednesday while gold dropped nearly 3%.

ReviewUS dollar surged Tuesday; gold briefly hit $3500 then fell, easing tensions and boosting optimism.

On Tuesday, under optimistic expectations for US tariff trade negotiations, the US dollar index rebounded nearly 100 points from its low point, ultimately closing up 0.634% at 98.98. The yield of US T

WikiFX
2025-04-23 14:17
US dollar surged Tuesday; gold briefly hit $3500 then fell, easing tensions and boosting optimism.

NewsImportant Notice: CWG System Maintenance

Dear Valued Customer,Please be advised that we will be performing scheduled system maintenance from April 26, 2025, at 4:00 AM (GMT+3) to April 27, 2025, at 11:00 PM (GMT+3).During this time, our syst

WikiFX
2025-04-22 15:54
Important Notice: CWG System Maintenance

ReviewFed concerns hit dollar; gold nears $3450.

On Monday, due to Trumps bombardment of Powell damaging investors confidence in US assets, the US dollar index plummeted to its lowest level since March 2022, ultimately closing down 0.885% at 98.36.

WikiFX
2025-04-22 13:44
Fed concerns hit dollar; gold nears $3450.

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FX2002327148
3-6months
اسبريد منخفض جدا انصح المتداولين بالتعامل مع هذا البروكر❤️
اسبريد منخفض جدا انصح المتداولين بالتعامل مع هذا البروكر❤️
Translate to English
2025-01-26 01:12
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FX2002327148
3-6months
بروكر كبير للغايه واسبريدات منخفضه وسرعه في التنفيذ اقوي بروكر في الشرق الأوسط في الوقت الحالي 😍
بروكر كبير للغايه واسبريدات منخفضه وسرعه في التنفيذ اقوي بروكر في الشرق الأوسط في الوقت الحالي 😍
Translate to English
2025-01-20 18:33
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