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WGL

WikiFX | 2026-04-20 23:17

Abstract:WGL operates as an online brokerage, facilitating trading across Forex, indices, commodities, and cryptocurrencies, offering leverage up to 1:500 and starting spreads at 0.0 pips. However, several concerning aspects warrant caution when considering this platform. As of now, the WGL website is inaccessible, and the company's lack of transparency regarding account tiers and minimum deposit requirements, coupled with the absence of disclosed regulatory information, has led some users to question its legitimacy. It is advisable to exercise caution when dealing with unregulated offshore brokers like WGL and instead opt for regulated and reputable platforms to mitigate the risk of potential financial loss or fraudulent activities.

WGL Review Summary
Founded5-10 years
Registered Country/RegionVanuatu
RegulationUnregulated
Market InstrumentsForex, Indices, Commodities, Cryptocurrencies
Demo AccountN/A
LeverageUp to 1:500
SpreadStarter Account: Starting from 1.0 pip, Advanced Account: Starting from 0.5 pips, Pro Elite Account: Starting from 0.1 pip
Trading PlatformMetaTrader 4 (MT4), MetaTrader 5 (MT5)
Min Deposit$100
Customer SupportPhone: +678 2246768
Email: cs@wseeglobal.com

WGL Information

WGL is an online brokerage that facilitates trading in forex, indices, commodities and cryptocurrencies, offering leverage of up to 1:500 and a starting spread of 0.0. It is registered in Vanuatu and has been operating for more than 5 years.

Pros and Cons

ProsCons
Diverse Market InstrumentsUnregulated Status
High LeverageWebsite Inaccessibility
Outdated Trading Platforms
Inefficient Customer Support

Is WGL Legit?

WGLoperates without regulation of any regulatory institutions. It had been licensed by the Vanuatu Financial Services Commission (VFSC), but that has now been revoked.

Regulated CountryRegulated AuthorityRegulatory StatusRegulated EntityLicense TypeLicense Number
VFSCRevokedVATEE PTY LIMITEDRetail Forex License40097
Is WGL Legit?

What Can I Trade on WGL?

Clients get services of trading Forex, Indices (NASDAQ, S&P500, Dow Jones, DAX30, CAC40, FTSE100, and Nikkei225), Commodities (Gold, Silver, Oil, and Natural Gas), Cryptocurrencies (Bitcoin, Ethereum, and Litecoin) from WGL.

Tradable InstrumentsSupported
Forex✔
Indices✔
Commodities✔
Crypto currencies✔
Bonds❌
Binary Options❌
Mutual Funds❌
Futures❌

Account Types

WGLoffers three live account types, namely Starter Account, Advanced Account, and Pro Elite Account.

Starter accounts require a minimum deposit of $100. The spread, starting at 1.0, leverages up to 1:200

Advanced Accounts require a minimum deposit of $1,000. It starts with a spread of 0.5 points and leverages up to 1:400.

Pro Elite accounts require a minimum deposit of $10,000. The spread, starting at 0.1 point, leverages up to 1:500.

Minimum DepositSpreadLeverage
Starter Account$100start from 11:200
Advanced Account$1,000start from 0.51:400
Pro Elite Account$10,000start from 0.11:500

Leverage

WGL offers a maximum trading leverage of up to 1:500.

WGL Fees

The spread of the Starter Account, Advanced Account, and Pro Elite Account is 1, 0.5, 0.1 respectively.

Trading Platform

MetaTrader 4 (MT4), MetaTrader 5 (MT5) are the platforms chosen by WGL for clients.

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4 (MT4)✔Windows, MAC, IOS, AndroidInvestors of all experience levels
MetaTrader 5 (MT5)✔Windows, MAC, IOS, AndroidInvestors of all experience levels

Deposit and Withdrawal

WGL offers a variety of methods of deposit and withdrawal, including Bank Wire Transfers, Credit/Debit Card, E-Wallet Services, Bank Wire Transfers, Credit/Debit Card Refunds, and E-Wallet Withdrawals.

BrokerDealer

Related broker

Not Regulated
WGL
Company name:Wealthsee Global Limited
Score
1.62
Website:https://en.wglforex.cn/
5-10 years | Questionable Regulatory License | Suspicious Operational Region | Forex Trading License (EP)
Score
1.62

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