Home -
WCG Markets -

Score

6.69 /10
Average

WCG Markets

Hong Kong

5-10 years

Regulated in Hong Kong

Type A1 License

MT4 Full License

Regional Brokers

High potential risk

https://www.wcgmarkets.com/

Influence

C

Add brokers

Comparison

Quantity 14

Exposure

Open Account
Website

Score

Regulatory Index7.02

Business Index7.57

Risk Management Index0.00

Software Index9.99

License Index7.02

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

Broker Information

More

Company Name

WCG Markets Ltd.

Company Abbreviation

WCG Markets

Platform registered country and region

Hong Kong

Company website

Facebook

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2025-04-30
  • 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!
EXPO

WikiFX Survey

WCG Markets

Hong Kong

WikiFX Verification

Exposure

14 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Deposit money not into account

Deposit not credited to account

FX1091430465
2024-10-24 02:12
Unable to Withdraw

Can't withdraw money. Internal broker scams investors.

I loaded into the WCGGroupLtd platform-Live account 372590 18000USD then couldn't withdraw and lost all the money in the account.

Tống Ánh
2024-06-11 08:36
Unable to Withdraw

You cannot withdraw money, and all money will be deducted.

I deposited into WCGGroupLtd platform-Live account 372590 18000 USD, then could not withdraw and lost all the money in the account.

Tống Ánh
2024-06-14 18:37
Unable to Withdraw

Can't withdraw money, scam platform

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.

Tống Ánh
2024-06-03 19:31
WCG Markets · Company summary
WCG Markets Review Summary
Founded2021-02-24
Registered Country/RegionChina Hong Kong
RegulationRegulated
Market InstrumentsForex/Precious metals/Crude oil/Futures/Stocks/Cryptocurrencies
Demo Account✅
Leverage1:200(FX)
Spread/
Trading PlatformMT4(iOS/Android/Huawei/Windows)
Min Deposit/
Customer SupportPhone: 4001 203 612, 4008 428 912
Email: support@wcgmarkets.com
Live chat/WhatsApp/Line/Telegram/Facebook/Instagram
Facebook/Instagram

WCG Markets Information

WCG Markets is a broker that provides traders with access to various opportunities across global financial markets, including forex, precious metals, crude oil, futures, stocks, and cryptocurrencies. WCG Markets also offers demo accounts and up to 200x leverage on forex trading. In addition, traders can access the MT4 trading platform through WCG Markets.

WCG Markets Information

Pros and Cons

Pros Cons
MT4 availableNo fee method
24/7 customer supportUnspecific deposit and withdrawal information
RegulatedNegative comments about difficulty in withdrawal
Demo account availableNo 24/7 customer support
Various tradable instruments

Is WCG Markets Legit?

WCG Markets is authorized and regulated by HKGX with license number 012. The license type is Type A1 License, which is safer than unregulated ones.

Is WCG Markets Legit?
Is WCG Markets Legit?

What Can I Trade in WCG Markets?

WCG Markets offers various market instruments, including forex, precious metals, crude oil, futures, stocks, and cryptocurrencies.

Tradable Instruments Supported
Forex✔
Precious Metals✔
Crude Oil✔
Futures✔
Stocks✔
Cryptocurrencies✔
Shares❌
Commodities❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade in WCG Markets?

Leverage

WCG Markets provides 200x leverage for foreign exchange, 800USD leverage for precious metals, 1000USD leverage for the original, and 100x leverage for indices.

Leverage

Trading Platform

Traders can conduct financial activities in MT4, available in iOS, Android, Huawei, and Windows through WCG Markets. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.

Trading PlatformSupported Available Devices Suitable for
MT4✔iOS/Android/Huawei/WindowsJunior traders
Trading Platform

Deposit and Withdrawal

WCG processing withdrawal application time: 11:00-12:00 noon/ 2:00-5:00 pm The withdrawal will be processed once every hour, and it will arrive in the account within 2 hours at the fastest. One business day for processing. However, the payment methods and associated fees are unknown.

News

ReviewWCG Markets:2024-03-28

WCG Markets:2024-03-28

WikiFX
2024-03-28 10:49
WCG Markets:2024-03-28

ReviewWCG Markets:2024-03-26

WCG Markets:2024-03-26

WikiFX
2024-03-26 11:11
WCG Markets:2024-03-26

ReviewWCG Markets:2024-03-21

WCG Markets:2024-03-21

WikiFX
2024-03-21 13:40
WCG Markets:2024-03-21

ReviewWCG Markets:2024-03-20

WCG Markets:2024-03-20

WikiFX
2024-03-20 11:05
WCG Markets:2024-03-20

ReviewWCG 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

WikiFX
2024-03-19 11:19
WCG Markets:2024年03月19日黄金市况分析

ReviewWCG 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

WikiFX
2024-03-18 10:39
WCG Markets:2024年03月18日黄金市况分析

ReviewWCG Markets:2024-03-15

WCG Markets:2024-03-15

WikiFX
2024-03-15 10:51
WCG Markets:2024-03-15

ReviewWCG Markets:2024-03-14

WCG Markets:2024-03-14

WikiFX
2024-03-14 11:14
WCG Markets:2024-03-14
About More

User Reviews

More

User comment

13

Comments

Write a review

201955405
more than one year
Hasta ahora, creo que el servicio brindado por esta empresa es satisfactorio para mí, ¡y puedo operar con los instrumentoss financieros que me gustan! Cuando opero, tiendo a elegir una plataforma que proporcione servicios MT4, y WCG satisface esta necesidad mia.
Hasta ahora, creo que el servicio brindado por esta empresa es satisfactorio para mí, ¡y puedo operar con los instrumentoss financieros que me gustan! Cuando opero, tiendo a elegir una plataforma que proporcione servicios MT4, y WCG satisface esta necesidad mia.
Translate to English
2022-11-23 10:20
1
0
1
Mohd Ali bin Abdullah
more than one year
Trade execution is transparent and fair. Solid trading signals and technical analysis are quite helpful. Truly, it is a reliable choice for trading.
Trade execution is transparent and fair. Solid trading signals and technical analysis are quite helpful. Truly, it is a reliable choice for trading.
Translate to English
2024-06-26 14:57
Reply
0
0
14