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/10
The WikiFX Score of this broker is reduced because of too many complaints!

CWG Markets

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

https://www.cwgplatform.com/

Website

Rating Index

Environment

Environment

AA

Average transaction speed (ms)

500.7

MT4/5

Full License

CWGMarketsSVGLtd-Live

Germany
MT4
45

Influence

C

Influence index NO.1

United States 2.85
The WikiFX Score of this broker is reduced because of too many complaints!

Environment

Speed:B

Slippage:A

Cost:AA

Disconnected:AAA

Rollover:AA

MT4/5 Identification

MT4/5 Identification

Full License

45
Server Name
CWGMarketsSVGLtd-Live MT4
Server Location Germany

Influence

Influence

C

Influence index NO.1

United States 2.85
Surpassed 83.10% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 2037699268
service@cwgmarkets.com
https://www.cwgplatform.com/
76, Cannon Street, London EC4N 6AE, United Kingdom
VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
2025-06-08
  • The Vanuatu VFSC regulation with license number: 41694 is an offshore regulation. Please be aware of the risk!
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
Company address
76, Cannon Street, London EC4N 6AE, United Kingdom

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

Bay Çelik

Unverified

Turkey

I cannot transfer the money in my wallet to my BTC Turkish account. I made a transfer, but when I check for 20 days, it always says it is under review.

Exposure

2023-11-01

Ahhao550

Unverified

Malaysia

Deceive customers and claim the winning rate is 80%, resulting in liquidation. Ask the customer to deposit again after liquidation. The spread is ridiculous high

Exposure

2023-03-11

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

In a week

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

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

vansang

Unverified

Canada

I accidentally learned about CWG exchange through the introduction of a friend, I tried trading and was pleasantly surprised by the simple and fast deposit and withdrawal technology of CWG.

Positive

2024-04-19

letter_east

Unverified

Vietnam

I have had a pretty good experience with CWG. I hope there will be more platforms like this in Vietnam.

Positive

2024-04-19

nues

Unverified

South Africa

Having tested several brokers, I've found a solid partner in CWG Markets. The account setup was straightforward, and their knack for excellent customer service was appreciated right from the outset. Trading mainly in metals and currencies, I've found the spreads and execution really satisfying.

Neutral

2024-04-19

Frank Gene

Unverified

New Zealand

My experience with CWG Markets has been a bit of a mixed bag. On one hand, I love how easy to use the platform is. And the educational resources they have are great for newbies like me. But on the flip side, I've had some less than stellar encounters with their customer service - sometimes they're all over it, and other times it's like pulling teeth to get a response. And don't get me started on the lack of trading instruments or the high fees. It's okay for an entry-level platform, but if you're a seasoned trader looking for variety, this might not be the droids you're looking for.

Neutral

2023-12-01

Bartholomew

Unverified

Netherlands

So, I've been using CWG Markets for a couple of months now and I've got to say, I'm really liking it. The platform is straightforward to use, and even for a novice like me, it was a breeze to get the hang of it. And the customer service? Superb! They're always ready to help with any issues or questions I've got. It's not all roses, though - I wish they offered more options in terms of trading instruments. But overall? I'd definitely say it's been a legit platform for my trading journey.

Neutral

2023-11-30

Buss

Unverified

India

CWG's low fees and competitive spreads make it a cost-effective choice for trading.

Positive

2023-11-16

Mars4358

Unverified

New Zealand

CWG's low fees and competitive spreads make it a cost-effective choice for trading.

Positive

2023-10-09

Vin125

Unverified

Malaysia

The real-time market updates and news provided by CWG are helpful for making informed decisions.

Positive

2023-09-11

vik6151

Unverified

South Korea

The demo account option is a great way to practice and test strategies without risking real funds.

Positive

2023-09-06

Vin44

Unverified

Kenya

CWG's educational resources are top-notch, providing valuable insights and analysis.

Positive

2023-08-25

Oscar4022

Unverified

Nigeria

The platform's user-friendly interface makes trading a breeze, especially for beginners.

Positive

2023-08-18

David2912

Unverified

Australia

The platform's user-friendly interface makes trading a breeze, especially for beginners.

Positive

2023-08-15

lex639

Unverified

United States

It's been a while since I trade with CWG. One of the best available brokers in UK. Good support all the time, Helpful staff.

Positive

2023-07-05

heyfor

Unverified

Nigeria

CWG Markets, so far have done and doing well. I commend their fast and easy withdrawal process, deposit also. Their customer service also prompt. 5 star in my opinion. I recommend to anyone, you will thank me. :)

Positive

2023-06-13

27
Account
Related Software
Environment
WikiFX Data
Marketing Strategy
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
Disclosure
News
Comment
Related Software
White Label MT4
Full License MT5
2
MT4 Servers
4
MT5 Servers
199.43
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Perfect
Meta Trader 5
Perfect
Meta Trader 5
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Environment

Average transaction speed(ms)
500.7
The highest transaction speed(ms)
203
The highest speed of opening positions(ms)
203
The highest speed of closing position(ms)
250
The lowest speed of opening positions(ms)
812 Great
The lowest speed of closing position(ms)
923 Good
11.8USD/Lot Great
24.44USD/Lot Perfect
Long: -5.49USD/Lot    Short: 1.31USD/Lot Good
Long: -26.66USD/Lot    Short: 13.6USD/Lot
Average slippage
0.3 Good
Maximum transaction slippage
0 Perfect
Maximum positive slippage
0
Maximum negative slippage
0 Perfect
Average disconnection frequency (times/day)
0.4 Perfect
Average reconnection time (millisecond/per request)
84
Ranking: 27 / 130
Test user 621
Orders 2,887
Ocuppied margin $9,655,939 USD
Data Source
WikiFX Data provide
Updated: 2025-06-06 01:00:00

Total Margin Trend

VPS Region User Products Closing time
Seoul 382*** USDJPYp 06-06 19:09:22
Seoul 352*** XAUUSD.s 06-06 19:30:00
Taipei 813*** XAUUSDr 06-06 18:38:53

Stop Out

0.70%

Stop Out Symbol Distribution

6 months

Sources
Language
Mkt. Analysis
Creatives

Website

Most visited countries/areas
Jordan
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
cwgsvg.com
47.74.219.213
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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
  • Medium potential risk
  • Offshore Regulated

News

USD ↓ then ↑, gold hit 4-wk high. Watch NFP.

Review USD ↓ then ↑, gold hit 4-wk high. Watch NFP.

On Thursday, the first phone call between China and the US dollar saw a V-shaped reversal in the US dollar index, but it remained below the 99 level, ultimately closing down 0.42% at 98.813. US Treasu

2025-06-06 14:18

Weak data and tariffs dragged the dollar down; gold rose but hit $3400 resistance.

Review Weak data and tariffs dragged the dollar down; gold rose but hit $3400 resistance.

On Wednesday, as weak US economic data boosted expectations of interest rate cuts, the US dollar index fell below the 99 mark, returning to a six week low and ultimately closing down 0.42% at 98.813.

2025-06-05 13:42

Dollar up on macro data; gold dips from 4-week high.

Review Dollar up on macro data; gold dips from 4-week high.

On Tuesday, as Trump urged trading partners to come up with a solution, the US dollar index rebounded from a six week low and ultimately closed up 0.58% at 99.267. Due to data showing a good job marke

2025-06-04 17:11

Risk aversion rebounded; USD extended losses post-Monday open, gold hit 3-week high.

Review Risk aversion rebounded; USD extended losses post-Monday open, gold hit 3-week high.

On Monday (June 2), the Trump administrations steel tariffs escalated global trade tensions. The intensification of the Russia-Ukraine conflict over the weekend also sharply increased geopolitical ris

2025-06-03 13:54

CWG Markets’ 10% Deposit Bonus Campaign With Rewards Up to $5,000

News CWG Markets’ 10% Deposit Bonus Campaign With Rewards Up to $5,000

CWG Markets, a global online trading platform, has announced a new deposit bonus campaign running now for a limited time. Both new and existing clients are eligible to receive a 10% deposit bonus, with a maximum reward of up to USD 5,000 per account.

2025-05-30 17:12

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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