WZG Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-20 16:32

Abstract：WZG is a platform focusing on precious metals online investment services to global investors with 0 commission. The broker is also available in MT4. The minimum deposit is $50. WZG is still risky due to its suspicious clone status and incomprehensive information.

WZG Review Summary
Founded	2022-06-28
Registered Country/Region	Hong Kong
Regulation	Suspicious Clone
Market Instruments	London gold/London silver
Demo Account	❌
Leverage	/
Spread	$20 per lot
Trading Platform	Self-developed app/MT4(iPhone/Android/Windows)
Min Deposit	$50
Customer Support	Phone: (+852)2388 9560
	Fax: (+852)2388 0789
	Email: cs@wzg.com

WZG Information

　　WZG is a platform focusing on precious metals online investment services to global investors with 0 commission. The broker is also available in MT4. The minimum deposit is $50. WZG is still risky due to its suspicious clone status and incomprehensive information.

Pros and Cons

Pros	Cons
24/7 hotline support	Suspicious Clone
MT4 available	Unspecific account information
Commission free	Demo account unavailable

Is WZG Legit?

　　CGSE regulates WZG but with a suspicious clone status, making it less safe than regulated brokers.

What Can I Trade on WZG?

　　WZG provides London gold and London silver, which is a contract-based transaction using the principle of financial leverage and is also a precious metal margin trading method affected by supply and demand, inflation, the international economy, and other factors.

Tradable Instruments	Supported
Gold	✔
Silver	✔
Stocks	❌
Cryptocurrencies	❌
Precious Metals	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

WZG Fees

　　The standard spread is $20 per lot, 0 commission, 0 handling fee, and minimum support for a single transaction of 0.05 lots traded.

Trading Platform

　　WZG provides a self-developed app and authoritative MT4 trading platform available on iPhone, Android, or Windows. MT4 not only provides various trading strategies but also implements EA systems.

Trading Platform	Supported	Available Devices
Self-developed app	✔	iPhone/Android
MT4	✔	iPhone/Android/Windows

Deposit and Withdrawal

　　New traders can open an account and deposit as low as $50.

Customer Support Options

　　WZG provides 24/7 hotline support; Traders also contact the broker via fax and email during the working day 9 am to 5 pm.

Contact Options	Details
Phone	(+852)2388 9560
Fax	(+852)2388 0789
Email	cs@wzg.com
Supported Language	Chinese
Website Language	Chinese
Physical Address	Room 2601-02, Nina Plaza Phase 2, 8 Yeung Uk Road, Tsuen Wan, Hong Kong