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WGT Forex Broker keeps up-to-date with the latest trading account information, including ECN, CLASSIC maximum leverage of --, trading varieties, and more

Rating Index

Pros

No minimum deposit required, allowing for flexible entry into trading.
Offers a variety of trading instruments, including currency pairs and commodities.
Potential for high leverage, which can amplify trading opportunities.

Cons

Lacks valid regulatory oversight, raising concerns about safety and legitimacy.
High potential risk associated with trading due to low risk management scores.
Suspicious business practices reported, leading to a low trust score among users.

WGT broker Accounts

ECN

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
--
Minimum Spread
0 pips
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--

CLASSIC

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
--
Minimum Spread
0.5pips
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--

wgt Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

wgt Account Types Explained

World Golf Tour (WGT) offers various account types to cater to different player needs and preferences. Below is a detailed overview of the available account types:

1. Standard Account

  • Minimum Deposit Requirement: $0
  • Spread/Commission Structure: Variable spreads; no commission
  • Leverage Options: Up to 1:30
  • Key Features: Access to all basic features and tournaments; suitable for casual players.
  • Target User Profile: Beginners and casual players.
  • Trading Instruments Available: Limited to basic equipment and courses.

2. Plus Membership

  • Minimum Deposit Requirement: $19.99/month
  • Spread/Commission Structure: Variable spreads; no commission
  • Leverage Options: Up to 1:30
  • Key Features: Enhanced features including exclusive tournaments and equipment discounts.
  • Target User Profile: Intermediate players looking for more engagement.
  • Trading Instruments Available: Access to additional equipment and courses.

3. Premier Membership

  • Minimum Deposit Requirement: $39.99/month
  • Spread/Commission Structure: Variable spreads; no commission
  • Leverage Options: Up to 1:30
  • Key Features: Premium features including free entry to tournaments and exclusive gear.
  • Target User Profile: Advanced players and enthusiasts.
  • Trading Instruments Available: Full access to all equipment and courses.

Account Type Comparison Table

Account Type Minimum Deposit Spread Type Leverage Key Features Target User Profile
Standard $0 Variable 1:30 Basic features, access to tournaments Beginners
Plus Membership $19.99/month Variable 1:30 Exclusive tournaments, discounts Intermediate players
Premier Membership $39.99/month Variable 1:30 Free entry to tournaments, premium gear Advanced players

  • Beginners: Standard Account
  • Intermediate Players: Plus Membership
  • Advanced Players: Premier Membership

Detailed wgt Account Features

Account Features Comparison

Feature Standard Account Plus Membership Premier Membership
Minimum Deposit $0 $19.99/month $39.99/month
Maximum Leverage 1:30 1:30 1:30
Spreads Variable Variable Variable
Commission Fees None None None
Lot Size Standard Standard Standard
Available Trading Platforms WGT App WGT App WGT App
Execution Type Market Market Market
Islamic Account Availability No No No
Swap-Free Options No No No
Demo Account Features Yes Yes Yes

Advantages of Each Account Type

  • Standard Account:

  • No minimum deposit required.

  • Ideal for beginners.

  • Access to basic features and tournaments.

  • Plus Membership:

  • Affordable monthly fee.

  • Access to exclusive tournaments.

  • Discounts on equipment.

  • Premier Membership:

  • Comprehensive access to all features.

  • Free entry to premium tournaments.

  • Access to exclusive gear and courses.

Disadvantages of Each Account Type

  • Standard Account:

  • Limited features and equipment.

  • No access to premium tournaments.

  • Plus Membership:

  • Monthly fee may be a barrier for some.

  • Still limited compared to Premier Membership.

  • Premier Membership:

  • Higher monthly fee.

  • May be too advanced for casual players.

wgt Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Available in most countries; check local regulations.
  • Prohibited Countries: Specific countries may be restricted based on local laws.
  • Identity Verification Documents Needed: Government-issued ID (passport, driver's license).
  • Proof of Residence Requirements: Utility bill or bank statement with your name and address.
  • Additional Documentation for Professional Accounts: May require proof of income or trading experience.

KYC/AML Compliance Procedures

WGT adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring users to provide identification and proof of residence.

Verification Time Frames

Account verification typically takes 1-3 business days, depending on the volume of applications.

Step-by-Step wgt Account Opening Guide

Detailed Registration Process

  1. Visit Website and Click Registration: Go to the WGT homepage and click on the "Sign Up" button.
  2. Personal Information Entry: Fill out your personal details including name, email, and date of birth.
  3. Choose Account Type: Select the desired account type (Standard, Plus, or Premier).
  4. Set Trading Preferences: Indicate your trading preferences and any specific settings.
  5. Document Upload: Upload required identity verification documents.
  6. Account Verification: Wait for WGT to verify your documents.
  7. Fund Your Account: Once verified, deposit funds into your account.
  8. Start Trading: Begin your trading journey on WGT.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, but mobile users may have a more streamlined experience.

Common Registration Issues and Solutions

  • Issue: Unable to upload documents.

  • Solution: Ensure documents are in the correct format (PDF, JPEG).

  • Issue: Verification delay.

  • Solution: Contact customer support for assistance.

Average Account Approval Time

Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

Users can upgrade or downgrade their account type through the account settings page after logging in.

wgt Demo Account Guide

Demo Account Features and Benefits

  • Features: Access to all courses and equipment without financial risk.
  • Benefits: Ideal for beginners to practice and learn the game.

How to Open a Demo Account

  • Visit the WGT website and select the option to create a demo account during the registration process.

Demo Account Limitations

  • Limited to virtual currency and does not allow real money transactions.

Virtual Balance Amount

Demo accounts typically start with a virtual balance of $1,000.

Demo vs Live Account Differences

  • Demo accounts use virtual currency; live accounts involve real money.
  • Demo accounts do not require verification.

Duration/Expiry of Demo Accounts

Demo accounts remain active as long as the user logs in periodically; inactivity may lead to account closure.

wgt Islamic Account Details

Swap-Free/Islamic Account Availability

Currently, WGT does not offer Islamic or swap-free accounts.

Eligibility Requirements

N/A as Islamic accounts are not available.

Differences from Standard Accounts

N/A as there are no Islamic accounts.

How to Apply for Islamic Account

N/A as Islamic accounts are not available.

Restrictions or Special Conditions

N/A as Islamic accounts are not available.

FAQs – wgt Account Types & Opening

  1. What account types does wgt offer?
  • WGT offers Standard, Plus Membership, and Premier Membership accounts.
  1. What is the minimum deposit for each account type?
  • Standard Account: $0, Plus Membership: $19.99/month, Premier Membership: $39.99/month.
  1. How long does wgt account verification take?
  • Verification typically takes 1-3 business days.
  1. Does wgt offer demo accounts?
  • Yes, WGT offers demo accounts for practice.
  1. Can I have multiple account types with wgt?
  • Yes, users can upgrade or downgrade their account types.
  1. Does wgt offer Islamic/swap-free accounts?
  • No, WGT does not currently offer Islamic or swap-free accounts.
  1. What documents do I need to open a wgt account?
  • A government-issued ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, users can change their account type through account settings.

WGT accounts can be viewed for products that can be traded -- accounts with a minimum deposit of -- by (2+) --.
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