Company Name
WCG Markets Ltd.
Company Abbreviation
WCG Markets
Platform registered country and region
Hong Kong
Company website
Company summary
Pyramid scheme complaint
Expose
| WCG Markets Review Summary | |
| Founded | 2021-02-24 |
| Registered Country/Region | China Hong Kong |
| Regulation | Regulated |
| Market Instruments | Forex/Precious metals/Crude oil/Futures/Stocks/Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | 1:200(FX) |
| Spread | / |
| Trading Platform | MT4(iOS/Android/Huawei/Windows) |
| Min Deposit | / |
| Customer Support | Phone: 4001 203 612, 4008 428 912 |
| Email: support@wcgmarkets.com | |
| Live chat/WhatsApp/Line/Telegram/Facebook/Instagram | |
| Facebook/Instagram | |
WCG Markets Information
WCG Markets is a broker that provides traders with access to various opportunities across global financial markets, including forex, precious metals, crude oil, futures, stocks, and cryptocurrencies. WCG Markets also offers demo accounts and up to 200x leverage on forex trading. In addition, traders can access the MT4 trading platform through WCG Markets.
Pros and Cons
| Pros | Cons |
| MT4 available | No fee method |
| 24/7 customer support | Unspecific deposit and withdrawal information |
| Regulated | Negative comments about difficulty in withdrawal |
| Demo account available | No 24/7 customer support |
| Various tradable instruments |
Is WCG Markets Legit?
WCG Markets is authorized and regulated by HKGX with license number 012. The license type is Type A1 License, which is safer than unregulated ones.
What Can I Trade in WCG Markets?
WCG Markets offers various market instruments, including forex, precious metals, crude oil, futures, stocks, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Precious Metals | ✔ |
| Crude Oil | ✔ |
| Futures | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Shares | ❌ |
| Commodities | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Leverage
WCG Markets provides 200x leverage for foreign exchange, 800USD leverage for precious metals, 1000USD leverage for the original, and 100x leverage for indices.
Trading Platform
Traders can conduct financial activities in MT4, available in iOS, Android, Huawei, and Windows through WCG Markets. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | iOS/Android/Huawei/Windows | Junior traders |
Deposit and Withdrawal
WCG processing withdrawal application time: 11:00-12:00 noon/ 2:00-5:00 pm The withdrawal will be processed once every hour, and it will arrive in the account within 2 hours at the fastest. One business day for processing. However, the payment methods and associated fees are unknown.
