WCG Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://clientportal.wcgmarkets-zh.co/register/trader/multi-step?link_id=dsnpsip4, the company's legitimate regulatory information Hong KongHKGXType A1 License, to enhance the security of the company's address The Financial Services Centre Stoney Ground, Kingstown, St.Vincent & the Grenadines.
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.
Pros | Cons |
Regulated by CGSE | Regional restrictions |
Diverse tradable assets | Unclear fee structure |
Demo accounts | Limited info on deposit and withdrawal |
Flexible leverage ratios | |
MT4 | |
Live chat support |
Yes. WCG Markets is regulated by the Chinese Gold & Silver Exchange Society (CGSE).
Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
The Chinese Gold & Silver Exchange Society (CGSE) | Regulated | 文傳金業有限公司 | Type A1 License | 012 |
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Precious metals | ✔ |
Crude oil | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
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 | Supported | Available Devices | Suitable for |
MT4 | ✔ | iPhone, Android, APK, PC | Beginners |
MT5 | ❌ | / | Experienced traders |
WCG Markets doesn't reveal accepted payment methods. It only claims that deposit and withdrawal requests can be processed within 2 hours.
Hendrik G
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.
Positive
2024-06-28
Mohd Ali bin Abdullah
Malaysia
Trade execution is transparent and fair. Solid trading signals and technical analysis are quite helpful. Truly, it is a reliable choice for trading.
Positive
2024-06-26
FX1091430465
Taiwan
Deposit not credited to account
Exposure
2024-10-24