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About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

WCG

Comoros Comoros | 5-10 years |
WikiLicense Regulated in Hong Kong | Precious Metals Trading (AGN) | MT5 Full License | Regional Brokers | High Potential Risk

https://.wcgmarkets.com/en/

Website

Rating Index

Regulation 6.07 Tech 8.63 Reputation 6.51 Business 7.57 Risk Control 2.43
6.55

MT4/5 Verification

MT4/5

Full License

WCGGroup-Server

Hong Kong
Hong Kong
MT5
6

Influence

D

Influence Index NO.1

Netherlands Netherlands 2.56
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

MT4/5 Verification

MT4/5 Verification

Full License

6
Server Name
WCGGroup-ServerMT5
Server LocationHong KongHong Kong

Influence

Influence

D

Influence Index NO.1

Netherlands Netherlands 2.56
Surpassed 65.50% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://.wcgmarkets.com/en/
Hamchako, Mutsamudu, Autonomous Island of Anjouan, Union of Comoros
VPS Standard
No Broker Account Restrictions

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
  • WikiFX has recorded a total of 15 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

Basic Information

Registered Region
Comoros Comoros
Operating Period
5-10 years
Company Name
WCG Group Ltd
Abbreviation
WCG
Employees
--
Email
support@wcgmarkets.com
Address
Hamchako, Mutsamudu, Autonomous Island of Anjouan, Union of Comoros
QQ
2058894492
FX2803845122

FX2803845122

Unverified

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.

Tống Ánh

Tống Ánh

Unverified

Singapore

Cannot withdraw money. Tax must be paid when withdrawing

Tống Ánh

Tống Ánh

Unverified

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 Deposited $18,000, was withdrawn internally within the exchange.

短线擒拿手_老黄

短线擒拿手_老黄

Authenticated
Verified

Hong Kong

Deposits and withdrawals are fast with no slippage, but the spreads are too high—hope this can be improved.

FX3732797342

FX3732797342

Unverified

Australia

I opened an account 380733 at WCG and only traded for a few days. When I saw profits in the account, they locked it, preventing any further trading and canceled the profits. My trades ranged from as short as 10 minutes to a few hours, yet there was no explanation whatsoever.

FX1091430465

FX1091430465

Unverified

Taiwan

Deposit not credited to account

Hendrik G

Hendrik G

Unverified

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.

Mohd Ali bin Abdullah

Mohd Ali bin Abdullah

Unverified

Malaysia

Trade execution is transparent and fair. Solid trading signals and technical analysis are quite helpful. Truly, it is a reliable choice for trading.

21
Account Info
Related Personnel
Business Region
Verified Site
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User Feedback
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
145.33
velocityIcon
Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 5
Meta Trader 5
Perfect

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Verified Site

  • Hong Kong wcgmarkets.cc
    47.238.193.175
  • United States wcgmetals.com
    3.137.108.170
  • Hong Kong wcgprime.co.uk
    122.10.113.13
  • Hong Kong wcggroups.com
    18.167.254.119
  • Hong Kong wcghk.com
    18.163.74.255
  • Hong Kong wcgmarkets-global.com
    47.57.12.204
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Relationship Map

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WCG

Related Companies

WCG MARKETS LTD.(British Columbia (Canada))
Canada
WCG MARKETS LTD.(British Columbia (Canada))
Active
Canada
Registration No.
BC1273635
Est. Date
WCG GROUP LTD.(Ontario (Canada))
Canada
WCG GROUP LTD.(Ontario (Canada))
Active
Canada
Registration No.
2272131
Est. Date

About Us

About Us

Company Profile

WCG Markets Review Summary
Founded2021
Registered Country/RegionChina Hong Kong
RegulationCGSE
Market InstrumentsForex, CFDs, precious metals, crude oil, index, stocks, cryptocurrencies
Demo Account✅ (USD 100,000 virtual funds)
Leverage1:100-1:200
Spread/
Trading PlatformMT4
Min Deposit/
Customer SupportLive 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 AreasBritish 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.

WCG Markets' homepage

Pros and Cons

ProsCons
Regulated by CGSERegional restrictions
Diverse tradable assetsUnclear fee structure
Demo accountsLimited 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 CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Hong Kong
The Chinese Gold & Silver Exchange Society (CGSE)Regulated文傳金業有限公司Type A1 License012
Regulated by CGSE

What Can I Trade on WCG Markets?

Tradable Instruments Supported
Forex✔
CFDs✔
Precious metals✔
Crude oil✔
Stocks✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌
What Can I Trade on WCG Markets?

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 PlatformSupported Available Devices Suitable for
MT4✔iPhone, Android, APK, PCBeginners
MT5❌/Experienced traders
MT4

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.

Company Profile

  • 5-10 years
  • Regulated in Hong Kong
  • Precious Metals Trading (AGN)
  • MT5 Full License
  • Regional Brokers
  • High Potential Risk

News

WCG Markets (WCG) Broker Review: Regulation, Licenses and WikiScore Analysis

News WCG Markets (WCG) Broker Review: Regulation, Licenses and WikiScore Analysis

This WCG review provides a detailed examination of the WCG broker, its regulatory framework, licensing coverage, and overall standing.

WikiFX Broker Assessment Series | WCG Markets: Is It Trustworthy?

News WikiFX Broker Assessment Series | WCG Markets: Is It Trustworthy?

In this article, we will conduct a comprehensive examination of WCG Markets, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.

WCG Markets:2024-03-28

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Review WCG Markets:2024-03-20

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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com