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WikiFX | 2024-11-21 10:47

Abstract:WZG, established in 2021 and based in Hong Kong, is a trading firm specializing in precious metals trading. It offers MT4 and a proprietary mobile app. However, its regulatory license from the CGSE is suspected to be a clone.

Note: WZG' official website: https://www.wzg9999.com is currently inaccessible normally.

WZG Review Summary
Founded2017
Registered Country/RegionHong Kong
RegulationCGSE (Suspicious Clone)
Market InstrumentsLondon Gold, Silver, and various bars
Demo Account❌
Leverage/
Trading PlatformMT4, WZG mobile app
Min Deposit/
Customer SupportTel: +852 2388 9560 (24/7)
Fax: (+852) 2388 0789
Email: support@wzg.com
Address: Room 2601-02, Nina Plaza Phase 2, 8 Yeung Uk Road, Tsuen Wan, Hong Kong

WZG, established in 2021 and based in Hong Kong, is a trading firm specializing in precious metals trading. It offers MT4 and a proprietary mobile app. However, its regulatory license from the CGSE is suspected to be a clone.

WZG's homepage

Pros and Cons

Pros Cons
MT4 availableCGSE (Suspicious Clone)
Inaccessible website
No info on minimum deposit

Is WZG Legit?

No. WZG can not be regarded as a legit broker.

It claims to be regulated by the China Hong Kong CGSE under license number 141. However, there are suspicions that this license number may be a clone of a legitimate registration.

CGSE
The Chinese Gold & Silver Exchange Society (CGSE)
Regulatory Status Suspicious Clone
Regulated by Hong Kong
Licensed Institution WH Group Bullion Group Co., Ltd
Licensed TypeType AA License
Licensed No.141
Suspicious clone CGSE license

What Can I Trade on WZG?

WZG offers trading in a variety of precious metals, including London Gold, London Silver, 99 Gold, kilo bars in Hong Kong dollars and Renminbi, as well as 5 tael gold bars and 15 kg silver bars in 999.9 fineness in Hong Kong dollars.

Company introduction

Trading Platform

WZG provides the international MT4 platform, which offers its zero-delay trading and analyst support. They also offer a proprietary app, the WZG app, which handles account opening, trading, and transactions.

Trading Platform

Deposit and Withdrawal

For deposits and withdrawals, WZG supports online banking, mobile payments, and bank transfers.

BrokerDealer

Related broker

Unverified
WZG
Company name:万洲金业集团有限公司
Score
1.49
Website:https://www.wzg9999.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.49

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