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.
To activate the Islamic Account, contact your official customer service or your account manager.
Important Pros and Cons
The table below consists of advantages and disadvantages in using CWG Markets services:
Pros | Cons |
Access to More Than 500 Tradable Instruments | No Crypto Trading |
Multiple Account Types | - |
Copy Trading and PAMM Features | - |
Regulated by FCA UK, A Top Tier Authority | - |
CWG Markets Registration and Verification
The CWG Markets Registration is a fast, 3-minute process designed for easy access to global Forex trading. You’ll need basic contact details to unlock the platform’s features and initiate your first trades.
#1 Reach the CWG Markets Sign-Up Page
From the homepage, click “Create Now” or scroll to select “Open an Account.”
#2 Submit Basic Details in the CWG Markets Form
Fill in your country of residence, mobile number, and email address, then click Generate to receive your verification email.
#3 Email Confirmation & Password Setup in CWG Markets
Check your inbox for a code, enter it on the platform, and create a secure password. Accept the terms and click Continue to finish.
For CWG Markets 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
Trading Symbols and Available Markets in CWG Markets Broker
The company has a vast selection in instruments, offering over 500 symbols in 6 categories:
- Forex: Major, minor, and exotic currency pairs
- Stocks: CFDs on 300+ individual symbols
- Metals: Gold and silver
- Energy: Oil symbols
- Indices: 18+ instruments from America, Europe, Asia, and Australia
- Commodities Futures: metals, energies, agricultural products, etc.
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.
CWG Markets List of Restricted Countries
This brokerage does not accept clients from all regions in the world; on its website, CWG has mentioned that "it does not provide services to residents of certain countries", such as:
- Iran
- United States
- Israel
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
Education Content on CWG
This broker offers a decent level of educational resources on the official website:
- Beginner guides on forex and CFD trading
- Intermediate and advanced articles
- Economic calendar and company news
- Webinars and video tutorials
- Glossary of technical words, terms, etc.
CWG Markets in Comparison with Others
To choose the best broker, here is a brief comparison between CWG Market and its rivals; CWG Markets Comparison:
Parameter | CWG Markets Broker | |||
Regulation | VFSC, FCA UK, FSCA | FSA, CySEC, FCA, FSCA, CBCS, FSC, CMA | FCA, FSCA, CySEC, SCB | FSA, CySEC, ASIC |
Minimum Spread | 0.0 Pips | 0.0 Pips | Varies based on Account | 0.0 Pips |
Commission | From $0 | From $0.2 to USD 3.5 | Varies based on Account | Average $1.5 |
Minimum Deposit | $10 | $10 | $100 | $200 |
Maximum Leverage | 1:2000 | Unlimited (Subject to account) | 1:500 | 1:500 |
Trading Platforms | MT4, MT5 | Exness Trade (mobile), Exness Terminal (web), MT4, MT5 | MT4, MT5, cTrader, Web Trader, Mobile App | MT4, MT5, cTrader, cTrader Web, IC Markets Mobile |
Account Types | Instant, Standard, Advanced, Institutional | Standard, Standard Cent, Pro, Raw Spread, Zero | Standard, Pro, Raw+, Elite | Standard, Raw Spread, Islamic |
Islamic Account | Yes | Yes | Yes | Yes |
Currency Pairs | 61 | Over 100 | 200 | 861 |
Number of Tradable Assets | Not specified | 500+ | Not specified | Not specified |
Trade Execution | Instant execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market |
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.