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.

Regulation

According to the broker, CWG Markets is fully authorised and regulated by The Financial Conduct Authority (FCA), under the firm reference number FRN 785129, and is a member of the London Stock Exchange.

CWG Markets(VU), authorized and regulated by the Vanuatu Financial Services Commission (VFSC), with registration no. 41694. and the address is 1276, Govant Building, Kumul Highway, PORT VILA, VANUATU. It is a licensed financial dealer authorized to carry on the business of dealing in securities.

CWG MARKETS SA (PTY) LTD is authorized as a Financial Service Provider (FSP) by the Financial Sector Conduct Authority (FSCA) in South Africa, under FSP number 54031.

Instruments

CWG Markets offers forex, CFD stock, metals, energy, indices, and futures.

Account Type

CWG Markets has six account types: Trading, Instant, Standard, Advanced, Islamic, and Institutional.

Trading Platform

CWG Markets provides a propriety trading platform, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Deposit and Withdrawal

CWG Markets accepts VSkrill, NETELLER, STICPAY, China UnionPay and BANK TRANSFER

Contact Support

The broker provides two emails to contact

1. service@cwgmarkets.com

2. Make A Complain- complaint@cwgmarkets.com .

Users can contact them via phone call.

+60 1800819380. You also have an option to fill out the form and ask your query.

Conclusion

Many users have expressed dissatisfaction with this broker's services based on numerous complaints on WikiFX. Its crucial to carefully consider these reviews and weigh the risks before engaging with this broker. Always conduct your own research and assess if this broker aligns with your expectations and needs.