CWG Markets Forex Broker

CWG Markets Review SummaryFounded2023-05-23Registered Country/RegionUnited KingdomRegulationOffshore Regulated(VFSC)/Regulated(FCA)Market InstrumentsForex/CFD stock/Precious metals/Energy/Indices/Com. FuturesDemo Account✅LeverageUp to 1:1000SpreadFrom 0.0 pipsTrading PlatformCWGMin Deposit$10Customer SupportEmail: service@cwgmarkets.comPhone: +44 2037699268, +60 1800819380Live chatFacebook/LinkedIn/InstagramCWG 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.Pros and ConsPros Cons Various tradable instrumentsHigh max leverageOffshore Regulated(VFSC)/Regulated(FCA)MT4/MT5 unavailableSpread from 0.0 pipsSome negative commentsDemo account availableIs CWG Markets Legit?Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent StatusVFSCCWG MARKETS LTDRetail Forex License41694Offshore RegulatedFCACWG Markets LtdMarket Making(MM)785129RegulatedWhat 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❌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 InstantStandardAdvancedInstitutionalMinimum Deposit$10$50$200$30000Spreads2.2 pips1.5 pips0.0 pips0.0 pipsMaximum Leverage1:10001:5001:5001:100Commission$0 Per Side$0 Per Side$3 Per Side$1.5 Per SideStop 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✔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 TimeSkrillUSD/EURFreeWithin 30 minutesInstantlyNetellerUSD/EURFreeWithin 30 minutesInstantlySticpayGBP/USD/EURFreeWithin 30 minutesInstantlyChina UnionPayCNYFreeWithin 30 minutesInstantlyBank TransferGBP/USD/EURFreeWithin 72 hoursInstantlyHelp2PayTHB/VND/IDRFreeWithin an hourInstantly5PayTHB/VND/IDRFreeWithin 24 hoursInstantly5PayUSDT-ERC20/USDT-TRC20FreeWithin an hourInstantly77payVNDFreeWithin an hourInstantlyKoraNGN/ZAR/KES/GHS/USDFreeWithin an hourInstantlyPay RetailersSupport all South American countriesFreeWithin an hourInstantlyAsia BanksIDR/VND/MYRFreeWithin an hourInstantlyECOMVNDFreeWithin an hourInstantly Withdrawal:Payment OptionCurrenciesCommissionProcessing TimeEstimated Arrival TimeSkrillUSD/EURFreeWithin an hourInstantlyNetellerUSD/EURFreeWithin an hourInstantlySticpayGBP/USD/EURFreeWithin an hourInstantlyChina UnionPayCNYFreeWithin an hour1-72 hoursBank TransferGBP/USD/EURFreeWithin an hour1-72 hoursHelp2PayTHB/VND/IDRFreeWithin an hour1-48 hours5PayTHB/VND/IDRFreeWithin an hour1-24 hours5PayUSDT-ERC20/USDT-TRC20FreeWithin an hour1-48 hours77payVNDFreeWithin an hour1-48 hoursKoraNGN/ZAR/KES/GHS/USDFreeWithin an hour1-48 hoursPay RetailersSupport all South American countriesFreeWithin an hour1-48 hoursAsia BanksIDR/VND/MYRFreeWithin an hour1-48 hoursECOMVNDFreeWithin an hour1-48 hoursBonus A deposit bonus can be 100% when traders register and deposit funds. Up to $2,000 per account.