Home -
WZG -

Score

6.46 /10
Average

WZG

Hong Kong

2-5 years

Regulated in Hong Kong

Precious Metals Trading (AGN)

MT5 Full License

High Potential Risk

https://en.wzg.com

Influence

B

Add brokers

Comparison

Quantity 33

Exposure

Open Account
Website

Score

Regulatory Index7.15

Business Index6.59

Risk Management Index0.00

Software Index9.67

License Index6.93

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

万洲金业集团有限公司

Company Abbreviation

WZG

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2026-05-05
  • WikiFX has recorded a total of 31 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.
  • This broker has accumulated 1 negative field survey reviews on WikiFX. Please be aware of the risk and guard against potential fraud.

WikiFX Survey

Danger

WZG

Hong Kong China

WikiFX Verification

Exposure

33 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

WZG

Unable to deposit money to save the positions held at the critical moment. Expose it, poor platform.

2023-09-27 23:57
Resolved

Even if you lose money, they won't let you withdraw your funds.

Even with barely enough left for a pair of underwear, he still only withdrew half the funds and made me wait for the other half. What a platform with no sense of scale.

2025-12-18 22:21
Unable to Withdraw

Unable to withdraw funds

The official website states one business day for withdrawals, but in reality, it usually takes more than one business day. Contacting customer service shows they are online, but in practice, they are often offline for long periods.

2025-05-01 09:12
Scam

1 Lost $30,000 within three months 2 Now the bank card cannot be withdrawn normally, claiming compensation for the loss, WH Group’s customer service said that it is the customer’s own problem not to deal with it

1 The loss of 30,000 US dollars within three months was operated by a child at home. I did not operate it. I told the customer service that it was a minor operation. The customer service ignored the black platform and waited. The problem with my bank card is normal, and you say that my abnormality is my problem. I used the card this morning to claim compensation for losses. Wanzhou customer service said that it is the customer's own problem if it does not deal with it. Anyway, any problem is the customer's own problem. You black platform. Yes, I will use my legal means to protect my rights

2023-02-15 09:40
Severe Slippage

Did not reach the stop-loss point, slippage swept the position

My stop-loss point was set at gold price 1763, with the high at 1762.93, which ended up wiping out my position.

2022-11-30 22:01
Unable to Withdraw

Now freeze my account

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.

2023-02-16 12:00
Others

It gets stuck when trading, I

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.

2024-05-20 11:33
Scam

Scam

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.

2023-05-21 20:05
Others

Deposit processing is slow, customer service keeps saying it's being handled... platform

Deposit processing is slow, customer service keeps saying it's being handled, the platform is deliberately stalling for time,

2025-05-02 23:15
Others

Seeing others expose you for not paying out profits!! Hong Kong International

Seeing others expose you for not processing withdrawals despite making profits!! Is this how you play at the Hong Kong International Financial Centre? Watch out for triad members knocking on your door.

2025-08-16 21:10
Scam

Arbitrary account blocking

Internal manipulation of candlestick patterns with arbitrary spikes—no such spikes appear on other platforms or spot gold charts. Customer service claims we shouldn't reference spot gold or other platforms. I'm not trading spot gold. They consistently use official jargon about “legitimacy,” threatening to send complaints to Hong Kong. After discovering issues, I lost 160,000 yuan over two months. When I reported it to the police, they immediately locked my account, preventing login.

2026-01-09 12:37
Others

There was a slippage issue with WZG's trading system, which caused me to lose a lot of money.

The system had a serious slippage problem, and what's most disgusting was that it draws its own lines. Around 5 PM today, just before the market closed, I shorted at 4520. Thinking it would open lower tomorrow, I didn't close the position. After shorting at 4520, I placed a stop-loss order at 4510. At the last second before the market to be closed, a huge bullish candle suddenly appeared, and I suspected something was wrong. It suddenly rose 20 points! I checked other platforms, including Jinshi and XM, but none of them showed this huge bullish candle. I was shocked to see that only WZG had this sudden rise. Don't trade on these platforms; they're practically a scam. Image 1 is from Jinshi, Image 2 is from XM's MT5, and Image 3 is from WZG (Wanzhou Gold). Disgusting platform.

2026-03-26 05:41
Others

It can be fully confirmed that it is a fraud platform

This morning on February 16, 2022, my account will be frozen directly. If you don’t give me an explanation, I will definitely defend my rights to the end.

2023-02-16 11:32
Unable to Withdraw

Fraud platform is unable to withdraw and forcibly liquidate the position. The customer service does not response after contacting

Forcibly liquidate the position and do not return. Already report to police. Fraud platform is unable to withdraw and forcibly liquidate the position. The customer service does not response after contacting

2023-02-15 14:22
Unable to Withdraw

WZG Black Market Platform Pig Butchering Scam Arbitrarily Freezes Accounts

Internal manipulation of candlestick patterns Random spikes appear, yet no spikes show on other platforms or spot gold charts. Customer service claims we shouldn't compare with spot gold or other platforms. I'm not trading spot gold. They keep using official jargon: “legitimate,” “compliant.” “If you disagree, file a complaint in Hong Kong.” When issues surfaced, I lost 160,000 yuan in two months. After reporting to police, they immediately froze my account—now I can't log in. #MyFirstTrade #ScamPlatform #PonziScheme #BeginnersTechnicalGuidance

2026-01-16 13:33
Scam

They manipulate the market data. Please see the attached picture.

Hello everyone! Today is May 17, 2025. I've been trading Forex and Gold on the WZG platform in Hong Kong. If going long, the price drops instantly, if shorting, it immediately starts moving in the long direction. If hedging, it sweeps within both ranges. WZG is now closed, with data frozen (see the white image). The customer service has shown chats suggesting the market closure. Yet, the ec Markets platform (see the black image), regulated in the UK, is still operational. Their customer service is vague about the situation. It seems the market wasn't closed, but the platform was shut down prematurely. Who covers the losses from those data fluctuations? Their customer service reiterated their legality and regulation by the Hong Kong Gold Business Association, highlighting the importance of understanding a platform thoroughly before choosing.

2025-05-17 05:12
    WZG · Company summary
    WZGReview Summary
    Founded2017
    Registered Country/RegionHong Kong
    RegulationRegulated
    Market InstrumentsLondon goldLondon silver
    Demo Account✅
    Leverage/
    Spread$20 / lot, $100 /lot
    Trading PlatformSelf-developed APP SystemMT4
    Min Deposit$70
    Customer SupportPhone: (+852) 2388 9560
    Email: cs@wzg.com

    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.

    WZG Information

    Pros and Cons

    Pros Cons
    Well regulatedNo account information
    Zero commission
    No charge
    Support MT4

    Is WZG Legit?

    Regulated RegionRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
    Regulated Region
    		CGSE萬洲金業集團有限公司Type AA License141Regulated
    Regulatory license

    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.
    Account Types
    • Drag the verification slider to complete the puzzle, fill in the obtained SMS verification code, and click Next.
    Account Types
    • 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 PlatformSupported Available Devices Suitable for
    Self-developed APP System✔MobileAll traders
    MT4✔Desktop, MobileBeginner
    MT5❌
    Trading Platform
    Trading Platform

    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.

    News

    ExposureWZG Review 2025: Is This Forex Broker Safe?

    WZG, a Hong Kong-based broker established in 2022, holds a license from the Chinese Gold and Silver Exchange Society (HKGX) and offers MT4/MT5 platforms. However, its reputation is currently challenged by a high volume of recent user complaints citing withdrawal delays and platform instability.

    WikiFX
    2026-01-27 15:00
    WZG Review 2025: Is This Forex Broker Safe?
    About More

    User Reviews

    More

    User comment

    9

    Comments

    Write a review

    FX3904758592
    3-6months
    系统存在严重滑点问题 而且最恶心的就是 自己画线 今天快5点的时候 马上收盘 我在20做了一个空 我想着明天应该是低开 我就没平仓 4520做的空下去以后止损我挂在了4510 在收盘的最后一秒 突然一根大阳线砸了上去 我就怀疑不对劲 突然涨了20个点 我就去其他平台看了一下看了 金十数据的 看了xm的 都没有这根大阳线 一去看吓我一跳 就WZG 万洲金业自己涨了 这种平台还是不要玩了 简直就是杀猪盘 图一是金十 图二是XM的MT5 图三是WZG 万洲金业 恶心平台
    系统存在严重滑点问题 而且最恶心的就是 自己画线 今天快5点的时候 马上收盘 我在20做了一个空 我想着明天应该是低开 我就没平仓 4520做的空下去以后止损我挂在了4510 在收盘的最后一秒 突然一根大阳线砸了上去 我就怀疑不对劲 突然涨了20个点 我就去其他平台看了一下看了 金十数据的 看了xm的 都没有这根大阳线 一去看吓我一跳 就WZG 万洲金业自己涨了 这种平台还是不要玩了 简直就是杀猪盘 图一是金十 图二是XM的MT5 图三是WZG 万洲金业 恶心平台
    Translate to English
    2026-03-26 05:41
    Reply
    0
    0
    K线走势内部超控 随意插针，别的平台和现货黄金走势都没有插针。客服解释说不能去看现货黄金和去别的平台看。我做的不是现货黄金。一直就是官方术语 正规的 不服去香港投诉 发现问题时 两个月亏损16万 告知去报警后直接封锁账户 无法登陆 #我的第一笔交易 #黑平台#杀猪盘#BeginnersTechnicalGuidance
    K线走势内部超控 随意插针，别的平台和现货黄金走势都没有插针。客服解释说不能去看现货黄金和去别的平台看。我做的不是现货黄金。一直就是官方术语 正规的 不服去香港投诉 发现问题时 两个月亏损16万 告知去报警后直接封锁账户 无法登陆 #我的第一笔交易 #黑平台#杀猪盘#BeginnersTechnicalGuidance
    Translate to English
    +1
    2026-01-16 13:33
    Reply
    0
    0
    33