WZG Forex broker specializes in providing foreign exchange trading services, the company's official website https://login.wzg2.com/#/user/reg, the company's legitimate regulatory information Hong KongHKGXType AA License, to enhance the security of the company's address 香港荃湾杨屋道8号如心广场2期2601-02室.
WZG Forex Broker
Basic information
Hong Kong
2-5 years Regulated in Hong Kong Type AA License Suspicious Scope of Business High potential riskCompany profile
WZG Information
WZG is a Hong Kong registered brokerage established in 2017. Currently, it is under the supervision of CGSE and mainly provides traders with trading opportunities in London Gold and London Silver. In addition, there are two trading platforms for traders to use, which support 0 commission.
Pros and Cons
| Pros | Cons |
| Well regulated | No account information |
| Zero commission | |
| No charge | |
| Support MT4 |
Is WZG Legit?
| Regulated Region | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| CGSE | 萬洲金業集團有限公司 | Type AA License | 141 | Regulated |
What Can I Trade on WZG?
WZG mainly provides you with the opportunity to trade London gold and London silver, you can directly view the live quotes on their official website.
| Tradable Instruments | Supported |
| London gold | ✔ |
| London silver | ✔ |
| Forex | ❌ |
| Precious metals & Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
WZG didn't provide specific account information.
The WZG account opening process is as follows:
- Log in to Wanzhou official website and click [Open an account] to enter the account opening page. Fill in the mobile phone number, check I have read and agree to the “WH Gold User Agreement”, click to obtain the verification code.
- Drag the verification slider to complete the puzzle, fill in the obtained SMS verification code, and click Next.
- Fill in your real name and ID number and click Next.
- Set the login password (login password is only used to log in to the Wanzhou Gold Member Center), click Next.
- Open the account successfully, click [Complete the questionnaire immediately].
- Fill in the questionnaire and submit it. You can carry out the capital injection transaction.
WZG Fees
London gold spread is $20 / lot, 0 commission; London Silver spread is $100 /lot, 0 commission.
Trading Platform
WZG offers two trading platforms, the Self-developed APP and MT4, which enable traders to use both mobile and desktop.
| Trading Platform | Supported | Available Devices | Suitable for |
| Self-developed APP System | ✔ | Mobile | All traders |
| MT4 | ✔ | Desktop, Mobile | Beginner |
| MT5 | ❌ |
Deposit and Withdrawal
WZG supports two types of deposit methods: fast online banking (online banking or Alipay payment) and bank remittance (transfer to public banks). Open a trade with a deposit of $70. In addition, it supports 7 days x 24 hours with no deposit or withdrawal time limit.
Rating Index
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Latest Reviews
FX2408897747
Hong Kong
19:47 At the beginning, the exclusive customer service added me on WeChat and called me for orders. Later, the WeChat account of the exclusive customer service was reported by many people. Now the account is abnormal. The app must be downloaded through the link, and the app needs to be downloaded again every once in a while. The slippage is serious. The most hateful thing is that many times when there is a big market, the app freezes, black screens, or freezes. It returned to normal. Every once in a while, customer service will call to introduce account upgrades and induce deposits. Deposits are all private accounts, and withdrawals are also private long-term accounts, and withdrawals will lead to judicial freezing of my bank card.
Exposure
2023-05-22
鲸
Hong Kong
Yesterday, I went to the police to report the case. Today, WH Group directly freezes my account. I still have money within it. Do not withdraw and no refunds, just freeze it.
Exposure
2023-02-16
奔跑的小鹿
Hong Kong
It gets stuck when trading, I can't close a position when I make a profit, I can't log in. I can log in only after I lose money, and I can log in by changing another account during the period. I asked customer service, they said there is a problem with my mobile phone network, and I need to be responsible for it.
Exposure
2024-05-20