CWG Markets requires a minimum deposit of $10 with 3 accepted base currencies [GBP, EUR, USD] in 4 account types [Instant, Standard, Advanced, Institutional].
The maximum leverage is 1:2000 for all accounts except Institutional, which only provides leverage up to 1:100.
CWG Markets Company Information & Regulation
CWG Markets is a British broker founded on April 2, 1996. The broker's website is operated by CWG Group of companies. Regulating Authorities:
- VFSC (Vanuatu Financial Services Commission)
- FCA UK (Financial Conduct Authority)
- FSCA (Financial Sector Conduct Authority, South Africa)
Moreover, the brokerage is a member of the London Stock Exchange (LSE), adding to its reputation.
CWG Markets Broker Key Parameters and Specifics
Here's a table covering what CWG Markets offers as a Forex broker:
Broker | CWG Markets |
Account Types | Instant, Standard, Advanced, Institutional |
Regulating Authority | VFSC, FCA UK, FSCA |
Based Currencies | GBP, EUR, USD |
Minimum Deposit | $10 |
Deposit Methods | Skrill, Neteller, Sticpay, UnionPay, Bank transfer, help2pay, 5pay, 77pay, ecom |
Withdrawal Methods | Skrill, Neteller, Sticpay, UnionPay, Bank transfer, help2pay, 5pay, 77pay, ecom |
Minimum Order | 0.01 |
Maximum Leverage | 1:2000 |
Investment Options | Copy Trading, PAMM |
Trading Platforms & Apps | MT4, MT5 |
Markets | Forex, Stocks, Metals, Energies, Indices, Commodity Futures |
Spread | From 0.0 Pips |
Commission | From $0 |
Orders Execution | Market |
Margin Call / Stop Out | 100% / 50% |
Trading Features | Economic Calendar |
Affiliate Program | Yes |
Bonus & Promotions | Daily Profits, Trading Rewards, 100% Deposit Bonus |
Islamic Account | Yes |
PAMM Account | Yes |
Customer Support Ways | Email, Ticket, Live chat, Phone |
Customer Support Hours | 24/7 |
Account Types Details and Comparison
CWG Markets offers 4 main account types which differ in terms of minimum deposit, leverage, costs, etc. Live Accounts Properties:
Account Type | Instant | Standard | Advanced | Institutional |
Min. Deposit | $10 | $50 | $200 | $30,000 |
Base Currencies | GBP, EUR, USD | |||
Max. Leverage | 1:2000 | 1:100 | ||
Stop Out Level | 50% | |||
Margin Call Level | 100% | |||
All accounts have a swap-free (Islamic) option for all traders. Also, a demo account is provided for practicing strategies and trading skills.
CWG Markets Registration and Verification
Here's a quick guide to getting started with the discussed broker
- Visit the official website;
- Click on the "Open Account" or "Create Now" button;
- Fill in the registration form with your country of residence, phone number, and email address and create a password;
- Agree to the declaration below the form.
You are set for trading with the brokerage. For verification, provide basic information and a financial background of yourself, then submit proof of identity and proof of address.
Trading Platforms and Terminals
CWG provides a popular selection with offering access to MetaTrader 4 and MetaTrader 5 platforms. These terminals enable access to analytics tools, indicators, order types, options, and more. Download Links for Mobile Devices:
Spreads and Commissions in CWG Markets
This broker has provided enough data for spreads and trading fees in its account types:
Account Type | Instant | Standard | Advanced | Institutional |
Spreads From | 2.2 Pips | 1.5 Pips | 0.0 Pips | |
Commission Per Lot | $0 | $6 | $3 | |
There are no other costs such as inactivity, deposit, or withdrawal fees associated with CWG, which is a positive fact about this broker.
CWG Markets Broker Payment Methods
CWG Markets offers a wide range of over 10 payment options for deposits and withdrawals:
- E-wallets: Skrill, Neteller, Sticpay
- Credit/Debit Cards: Visa, MasterCard, UnionPay
- Local payment systems: help2pay, 5pay, 77pay
- Bank Transfer
- ecom
Copy Trading Platforms and Investment Features
CWG Markets provides 2 investment options for traders:
- Copy Trading: Follow and copy trading signals and strategies provided by 500+ traders
- PAMM: Invest in accounts managed by money managers or seasoned traders
Bonuses and Promotional Offers in CWG
The broker offers 3 bonuses for promotional and marketing purposes:
- 100% Deposit Bonus: Up to $2,000 per trading account with a maximum of $10,000
- Daily Profit: Earn additional profits based on balance, not available for certain special accounts
- Trading Rewards: Unlimited cash rewards based on trading lots, only for standard accounts
Support Contact Channels and Opening Hours
CWG Markets provides a set of 4 typical methods for contacting support agents:
- Email: service@cwgmarkets.com
- Support Ticket: Available through the website
- Phone: Global hotline at +44 2037699268 and +60 1800819380
- Live Chat: Accessible via the site
Based on the "Contact Us" page of the website, the support team is available 24/7.
Trust Ratings and Reviews
CWG Markets Trustpilot score and other ratings show a positive level of opinions across various platforms:
- Trustpilot: 4.6/5 based on 80 reviews
- ScamAdviser: 46/100 Trustscore
- ForexPeaceArmy: 3.1 out of 5 with 5+ user ratings
Conclusion and Final Words
CWG Markets provides support services on a 24/7 basis via 4 channels [live chat, email, phone call, ticket].
This company has received a 4.6/5 user score on "Trustpilot", with 80 reviews. On the other hand, "ScamAdviser" has given a 46/100 Trustscore to this broker.