General Information & Regulation of CWG Markets
CWG Markets is the trading name of CWG Group of companies, a forex and CFDs broker founded in 2017, providing global traders with a series of tradable instruments including forex, stocks, precious metals, indices, futures, and other financial derivatives. CWG Markets Ltd(UK), which is registered in England and Wales with company number 08888720. It is an investment firm fully authorised and regulated by the Financial Conduct Authority (FCA), under the firm reference number FRN 785129. CWG Markets Ltd(VU), authorized and regulated by the Vanuatu Financial Services Commission (VFSC), with registration no. 41694. and the address is 1276, Govant Building, Kumul Highway, PORT VILA, VANUATU.It is a licensed financial dealer authorized to carry on the business of dealing in securities.
Market Instruments
Investors can trade popular and mainstream financial tradable instruments in the global financial market, including Forex, Precious Metals, Indices, Commodity Futures, Spot Energy CFD, Stock CFD, etc.
Minimum Deposit of CWG Markets
There are four accout types on offer on CMG Markets platform, namely Instant, Classic, Advanced and Institution accounts. The minimum deposit requirements for open an live account is $10, which sounds, actually, reasonable for most regular traders to get started.
Leverage of CWG Markets
When it comes to tarding leverage, CMG Markets set up different leverage ration for different accounts. The maximum leverage for the Instant account is up to 1:1000, incredably high, the classic and the advanced account leverage up to 1:400 high, lastly, maximum leverage for the institutional account up to 1:100. Please keep in mind that using leverage can magnify returns but also risks sometimes, and new traders are advised to avoid high leverage.
Spreads & Commissions of CWG Markets
The spread of instant accounts is 1.5 pips, and the commission is $0 per unilateral trading. The spread of classic accounts is 1.0 pips, and the commission is $0 per unilateral trading. The spread of advanced accounts is 0 pips, and the commission is $3 per unilateral trading. The spread of institutional accounts is 0 pips, and the commission is USD 1.5 per unilateral trading.
Trading Platform of CWG Markets
The trading platforms applied by CMG Markets are MT4, MT5, MAM/PAMM, and API Trader. Metatrader4 is a popular trading platform among experienced traders. Its customizability and automated trading can help investors complete trading in a few seconds and obtain different currencies in real-time. Market quotations and other financial commodity information, technical analysis of the price trend of financial commodities are carried out to make more reliable choices. Metatrader 5 is the preferred platform for advanced traders, and a large amount of information is displayed in one window. This information can be defined by a wide range of users, the window can be organized to suit the needs of traders and changed on the interface; it can also display a wide range of coverage and technical indicators selection. The PAMM/MAM software is designed for asset management companies using the MetaTrader platform. All escrow accounts can be traded through a MetaTrader client application. MAM is integrated into the MetaTrader server to maintain maximum reliability and high execution speed. Using APIs for trading allows you to directly access the CWG ecosystem, providing you with faster order execution and more control, thereby enhancing the trading experience.
Deposit & Withdrawal
The company supports VISA/MasterCard, NETELLER, SKRILL, UnionPay, wire transfer, Helpay, and no handling fee is charged for deposits and withdrawals. CWG valid customers are exempt from handling fees for the first withdrawal each month, and the company deducts USD 5 handling fees for each subsequent withdrawal. If the customer uses the wire transfer to withdraw money, if the withdrawal amount is less than 500 US dollars, the company will deduct 25 US dollars for each trading.
