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Regulated
Score
6.05 /10
Average
WZG
2-5 yearsRegulated in Hong Kong
Type AA License
Suspicious Scope of Business
High potential risk
Influence
C
Add brokers
Comparison
Quantity 24
Exposure
Open Account
Website
Score
Regulatory Index7.15
Business Index6.13
Risk Management Index0.00
Software Index6.43
License Index7.15
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
Check whenever you want
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WikiFX Risk Alerts
2
Previous Detection :
2025-05-01
- The number of the complaints received by WikiFX have reached 23 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Exposure
24 pieces of exposure in total Pyramid scheme complaint
Expose| WZGReview Summary | |
| Founded | 2017 |
| Registered Country/Region | Hong Kong |
| Regulation | Regulated |
| Market Instruments | London goldLondon silver |
| Demo Account | ✅ |
| Leverage | / |
| Spread | $20 / lot, $100 /lot |
| Trading Platform | Self-developed APP SystemMT4 |
| Min Deposit | $70 |
| Customer Support | Phone: (+852) 2388 9560 |
| Email: cs@wzg.com | |
WZG Information
WZG is a Hong Kong registered brokerage established in 2017. Currently, it is under the supervision of CGSE and mainly provides traders with trading opportunities in London Gold and London Silver. In addition, there are two trading platforms for traders to use, which support 0 commission.
Pros and Cons
| Pros | Cons |
| Well regulated | No account information |
| Zero commission | |
| No charge | |
| Support MT4 |
Is WZG Legit?
| Regulated Region | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
 | CGSE | 萬洲金業集團有限公司 | Type AA License | 141 | Regulated |
What Can I Trade on WZG?
WZG mainly provides you with the opportunity to trade London gold and London silver, you can directly view the live quotes on their official website.
| Tradable Instruments | Supported |
| London gold | ✔ |
| London silver | ✔ |
| Forex | ❌ |
| Precious metals & Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
WZG didn't provide specific account information.
The WZG account opening process is as follows:
- Log in to Wanzhou official website and click [Open an account] to enter the account opening page. Fill in the mobile phone number, check I have read and agree to the “WH Gold User Agreement”, click to obtain the verification code.
- Drag the verification slider to complete the puzzle, fill in the obtained SMS verification code, and click Next.
- Fill in your real name and ID number and click Next.
- Set the login password (login password is only used to log in to the Wanzhou Gold Member Center), click Next.
- Open the account successfully, click [Complete the questionnaire immediately].
- Fill in the questionnaire and submit it. You can carry out the capital injection transaction.
WZG Fees
London gold spread is $20 / lot, 0 commission; London Silver spread is $100 /lot, 0 commission.
Trading Platform
WZG offers two trading platforms, the Self-developed APP and MT4, which enable traders to use both mobile and desktop.
| Trading Platform | Supported | Available Devices | Suitable for |
| Self-developed APP System | ✔ | Mobile | All traders |
| MT4 | ✔ | Desktop, Mobile | Beginner |
| MT5 | ❌ |
Deposit and Withdrawal
WZG supports two types of deposit methods: fast online banking (online banking or Alipay payment) and bank remittance (transfer to public banks). Open a trade with a deposit of $70. In addition, it supports 7 days x 24 hours with no deposit or withdrawal time limit.
24
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