Arjun  Mandal

Reviewer:

Arjun Mandal
Davit  Kvaratskhelia

Fact checker:

Davit Kvaratskhelia
Modified:

CWG Markets Broker Review 2025

CWG Markets Broker Review 2025
Company:CWG Markets
Founded:1996
Min Deposit:$10
Max Leverage:2000
Headquarter:

Switzerland

US Accepted:
Min. Deposit $10 Max. Leverage 1:2000 Islamic Account FCA-Regulated

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About
CWG Markets is a Forex broker regulated by 2 financial authorities [VFSC, FSCA] and 1 top-tier regulator [FCA]. Operated by CWG Group of companies, this brokerage offers 500+ trading instruments.
Contact
76 Cannon St, City of London, London EC4N 6AE, UK
Rank and Score
RegulationsCustomer SupportSpread &CommissionsPlatformsDeposit &WithdrawalAccountTypes
3.75Rank 102
Pros and Cons
Account Types
Platforms
Pros
Regulated by FCA UK, A Top Tier Authority
Copy Trading and PAMM Features
Multiple Account Types
Access to More Than 500 Tradable Instruments
Cons
No Crypto Trading
score of blog
2 From 5.0
(4)
Rate this post
2872

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
CWG Markets Review: Account types, spreads, commissions, and other details

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.

Here are important details about broker’s branches:

Entity Parameters / Branches

CWG Markets(VU)

CWG MARKETS LTD

CWG MARKETS SA (PTY) LTD

Regulation

VFSC (Reg. 41694)

FCA (FRN 785129)

FSCA (FSP 54031)

Regulation Tier

N/A

1

2

Country

Vanuatu

UK

South Africa

Investor Protection Fund

No

FSCS £85k

No

Segregated Funds

Yes

Yes

Yes

Negative Balance Protection

Yes

Yes

Yes

Maximum Leverage

1:2000

1:30

1:2000

Client Eligibility

Global (except restricted)

UK / EEA

South Africa

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.”

Start registration at CWG Markets
Click on “Create Now” to start registration at CWG Markets

#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.

CWG Markets Signup Form
Fill in the CWG Markets form with your country, email, phone, and a password

#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.

CWG Markets Email Verification
You must verify your email to proceed with the CWG signup process

#4 CWG Markets Verification

The CWG Markets verification framework designed to confirm client identity, assess financial background, and validate trading experience. After completing registration and passing the KYC review, users gain full access to the broker’s trading services, platforms, and available instruments.

CWG verification steps:

  1. Log in and enter the KYC menu
  2. Submit personal information
  3. Provide financial details and trading history
  4. Upload identity documentation
  5. Upload proof of address
  6. Receive verification approval via email

#1 Login and Start CWG Markets Verification

Sign in to your CWG Markets dashboard and select the “Complete Now” option displayed at the top to begin the approval workflow.

Start verification at CWG Markets
Click on “Complete Now” to start verification at CWG Markets

#2 Select Account Type and Add Personal & Address Details

Choose whether the account will operate as Individual or Corporate. Then complete the required personal information:

  • First name
  • Last name
  • Optional middle name
  • Nationality
  • ID card number
  • Gender
  • Date of birth

Provide your full residential address by entering:

  • Country
  • City
  • Complete street address
  • Postal code
Personal and address details for CWG Markets KYC
Enter full personal and address info for CWG Markets verification

#3 Fill Out Financial Information

Provide your employment and income data and respond to the questionnaire regarding your prior trading experience.

Financial information submission for CWG Markets
Complete employment and income details for CWG Markets KYC

#4 Upload Identity Document

Pick a document from these categories:

  • Passport
  • ID card
  • Driver’s license

Then, upload clear front and back images. A QR code is also available for continuing the upload process via mobile to speed up KYC completion.

Identity document upload for CWG Markets verification
Upload passport, ID, or license for CWG Markets verification

#5 Upload Proof of Address

Submit an acceptable POA, such as a recent bank statement or utility bill (issued within the last three months). Additional supporting documents may be uploaded. Select “Submit” once finished.

Proof of address submission for CWG Markets
Submit recent utility bill or bank statement for CWG Markets

#6 Await Confirmation Email

After the review is completed, CWG Markets will send an email confirming successful account verification.

CWG Markets KYC confirmation email
Receive email confirming account verification from CWG Markets

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 deposit, or withdrawal fees associated with CWG, which is a positive fact about this broker.

Swap Fees at CWG Markets

CWG Markets charges overnight swap (interest) according to its instrument-specific rates, and these are clearly defined in its Swaps section.

Swap is calculated daily, and for positions carried over a Wednesday, the charge is tripled. For traders using a Islamic account, all overnight interest is eliminated under the same trading conditions.

CWG Markets swap info
CWG Markets provide details about swap

Here are the key official points to know about swap fees at CWG Markets:

  • Swap is an overnight interest charge, and varies per instrument and direction (long vs short);
  • Islamic accounts incur no swap fees while maintaining identical spreads and execution as regular accounts;
  • For certain assets (e.g., some energy CFDs), CWG explicitly states “no Interest or Swap Fees” for long-term positions.

Non-Trading Fees at CWG Markets

CWG Markets applies a monthly inactivity fee of €/US$/GBP/CHF 20 if there’s no trading or funding for three consecutive months, provided there are sufficient funds.

If the account remains inactive for two years or more, CWG reserves the right to close it. There is no fee for deposits or withdrawals (except under special circumstances).

These are the key non-trading cost considerations:

  • International Bank Transfer: withdrawals ≥ USD 500 have all bank fees covered by CWG Markets, while withdrawals < USD 500 incur a USD 25 bank fee;
  • Currency conversion risk: clients bear any losses when CWG auto-converts currencies.

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

with these wide range of methods, deposit and withdrawal is so easy, fast and secure.

Deposit and Withdrawal methods at CWG Markets
CWG Markets provide different options to transfer fund

Deposit Methods at CWG Markets

CWG Markets offers a wide variety of deposit methods to accommodate global traders, including e-wallets, bank transfers, and regional payment systems.

All deposits are free of commission from CWG, though some intermediary banks may charge fees for international transfers. Most deposits are processed instantly or within a short window, with first-time deposits sometimes subject to manual review.

Here is a summary of the official deposit methods and details:

Deposit Method

Currency

Minimum Amount

Deposit Fee

Funding Time

Skrill

USD/EUR

10 USD (or equivalent)

Free

Within 30 min

Neteller

USD/EUR

10 USD (or equivalent)

Free

Within 30 min

Sticpay

GBP/USD/EUR

10 USD (or equivalent)

Free

Within 30 min

China UnionPay

CNY

10 USD (or equivalent)

Free

Within 30 min

Bank Transfer

GBP/USD/EUR

10 USD (or equivalent)

Free

Within 72 hours

Help2Pay

THB/VND

10 USD (or equivalent)

Free

Within 1 hour

Spay Solution

THB/VND

10 USD (or equivalent)

Free

Within 24 hours

Spay Solution

USDT‑ERC20/USDT‑TRC20

10 USD (or equivalent)

Free

Within 1 hour

77Pay

VND

10 USD (or equivalent)

Free

Within 1 hour

Kora

NGN/ZAR/KES/GHS/USD

10 USD (or equivalent)

Free

Within 1 hour

Pay Retailers

Supported for all South American countries

10 USD (or equivalent)

Free

Within 1 hour

Asia Banks

VND

10 USD (or equivalent)

Free

Within 1 hour

ECOM

VND

10 USD (or equivalent)

Free

Within 1 hour

Withdrawal Methods at CWG Markets

CWG Markets provides a wide range of withdrawal methods, matching its deposit options, to ensure clients can access their funds quickly and securely. Withdrawals are free of commission from CWG, but processing times may vary depending on the method and currency.

While most methods are processed within 1 hour, some regional or cryptocurrency options can take up to 48–72 hours to arrive in the client’s account.

Here is a summary of the official withdrawal methods:

Withdrawal Method

Currency

Minimum Amount

Withdrawal Fee

Funding Time

Skrill

USD/EUR

N/A

Free

Instant

Neteller

USD/EUR

N/A

Free

Instant

Sticpay

GBP/USD/EUR

N/A

Free

Instant

China UnionPay

CNY

N/A

Free

1–72 hours

Bank Transfer

GBP/USD/EUR

N/A

Free

1–72 hours

Help2Pay

THB/VND

N/A

Free

1–48 hours

Spay Solution

THB/VND

N/A

Free

1–24 hours

Spay Solution

USDT‑ERC20/USDT‑TRC20

N/A

Free

1–48 hours

77Pay

VND

N/A

Free

1–48 hours

Kora

NGN/ZAR/KES/GHS/USD

N/A

Free

1–48 hours

Pay Retailers

Supported for all South American countries

N/A

Free

1–48 hours

Asia Banks

VND

N/A

Free

1–48 hours

ECOM

VND

N/A

Free

1–48 hours

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
CWG Markets copy trading page
CWG Markets has dedicated a webpage to its copy trading service

Trading Symbols and Available Markets in CWG Markets Broker

CWG Markets offers a very broad trading universe spanning multiple categories from forex to stocks, commodities and more, with more than 500+ symbols available.

Its product mix is designed to support both speculative and hedging strategies across global markets. Leverage varies significantly by asset class, with maximums up to 1:2000 on some instruments.

Below is a summary table:

Category

Type of Instruments

Number of Symbols

Competitor Average

Max. Leverage

Forex

Currency pairs (major, minor)

~50+

~60–70

up to 1:2000

Stock CFDs

Equities (NASDAQ, NYSE, HK)

300+

~200–400

N/A

Precious Metals

Gold, Silver, etc.

3+

~20–40

1:500

Energy

Crude oil, Natural Gas (spot)

5+

~5–10

1:100

Indices

Global equity indices

N/A

~20–40

1:100

Commodity Futures

Futures contracts via CFDs

N/A

~10–40

1:50

Crypto CFDs

Cryptocurrencies like BTC, ETH, BNB, XRP

40+

~20–50

1:100

CWG Markets continuously updates its instrument offerings to provide traders with diverse opportunities across global financial markets.

Overview of CWG Markets financial instruments
CWG Markets offers a wide range of trading markets and instruments

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

CWG Markets Awards

The CWG Markets awards are due to its continuous growth since inception, driven by a strong focus on customer service, education-based support, segregated funding, and brand awareness. All of these factors have been widely acknowledged and favored by traders.

CWG Markets’ numerous awards certify its global leadership, with all honors granted to the CWG Group.

CWG Markets awards
CWG Markets has achieved numerous awards

Some of these achievements are in the awards listed below:

  • Best Mobile Trading Platform – 2025 by Trade Expo
  • Excellence in Customer Satisfaction – 2025 by Trade Expo
  • Top 100 Trusted Financial Institution – 2025 by Smart Vision
  • Best Forex Education Platform – 2025 by Smart Vision
  • Best Online Trading Service Provider UK – 2025 by Global Business & Finance Magazine

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
CWG Markets restricted countries
CWG Markets does not provide services to certain countries, including regions mentioned above

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
CWG Markets on Trustpilot
CWG Markets has received 80+ user reviews on Trustpilot
  • 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.

Traders are able to get help from these learning materials and improve their trading knowledge and strategies.

CWG Markets learning sources
CWG Markets helps traders to learn more from numerous blog posts

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

Exness Broker

FXPro Broker

IC 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.

FAQs

Is CWG Markets a regulated broker?

Yes, CWG Markets is regulated by the FCA (UK), VFSC (Vanuatu), and FSCA (South Africa).

What is the minimum deposit for CWG Markets?

The minimum deposit starts at $10 for the Instant account, but varies for other account types.

Does CWG Markets offer copy trading?

Yes, CWG Markets provides a copy trading feature allowing users to follow successful traders.

What is the maximum leverage offered by CWG Markets?

CWG Markets offers up to 1:2000 leverage on all accounts except Institutional, which is capped at 1:100.

Which trading platforms are available on CWG Markets?

CWG Markets supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on desktop and mobile.

Does CWG Markets offer Islamic accounts?

Yes, CWG Markets provides Islamic swap-free account options across all account types.

What trading instruments are available at CWG Markets?

CWG Markets offers over 500 instruments, including forex, stocks, energies, metals, indices, and commodities.

How can I verify my account with CWG Markets?

To verify your CWG Markets account, upload a valid ID and proof of address through your dashboard.

Does CWG Markets offer copy trading features?

Yes, CWG Markets supports copy trading and PAMM investment services for passive strategies.

Are there any bonuses offered by CWG Markets?

CWG Markets offers multiple promotions including a 100% deposit bonus, daily profits, and trading rewards.

What are the spreads and commissions on CWG Markets accounts?

Spreads start from 2.2 pips (Instant) and 0.0 pips (Advanced); commissions range from $0 to $6 per lot.

How can I deposit or withdraw from CWG Markets?

CWG Markets supports Skrill, Neteller, bank transfer, Sticpay, and several local methods like help2pay.

What is the trading execution model at CWG Markets?

CWG Markets uses market execution for faster and more accurate order processing.

What is the Trustpilot rating of CWG Markets?

CWG Markets has a 4.6/5 rating on Trustpilot based on more than 80 user reviews.

How can I contact CWG Markets customer support by phone?

You can reach CWG Markets support via phone at +44 2037699268 (UK) or +60 1800819380 (Malaysia).

0Comment
Trade With The Recommended Service
adIQ Option register
Your Capital is at risk.
adE8 Markets Prop Register
Your Capital is at risk.
adMaven Trading Prop Register
Your Capital is at risk.
adLBank Crypto Exchange register
Your Capital is at risk.
adpocketoption broker register
Your Capital is at risk.
adHF Markets Broker register
Your Capital is at risk.