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CWG Markets Review
CWG Markets is an FCA authorised broker also licensed in Vanuatu and South Africa, though the FCA has flagged more than one clone site using its name.
Min Deposit
$10
Spreads From
Not consistently confirmed across sources
Max Leverage
Up to 1:2000 offshore; 1:100 for institutional accounts
Platforms
MetaTrader 4, MetaTrader 5
Pros
- FCA authorised under firm reference number 785129 in the UK
- Extra oversight from regulators in Vanuatu and South Africa
- Supports both MetaTrader 4 and MetaTrader 5 on desktop and mobile
- Accounts can open with a first deposit as low as $10
Cons
- The FCA has warned about more than one clone site using its name
- Non FCA entities offer leverage up to 1:2000, a high risk setting
- Vanuatu regulation gives much weaker protection than the FCA does
- Minimum deposit and leverage details vary a lot by account type
CWG Markets Ltd opened in 2017 and now offers forex, CFD stocks, metals, energy, indices, and futures through MetaTrader 4 and MetaTrader 5. A first deposit can start from just $10, and leverage on standard accounts can reach as high as 1:2000.
The FCA authorises CWG Markets Ltd under firm reference 785129, and Companies House lists the company under number 08888720. A related entity also holds a Vanuatu VFSC registration, and another sister firm holds a South Africa FSCA license, so the group answers to three separate regulators.
The FCA has twice warned about clone operations using the CWG Markets name, including sites trading as CWG Foreign Exchange and CWG Forex TW. Neither clone is connected to the real, FCA authorised firm, so always confirm the domain before you fund an account.
Min. Deposit
USD 10
Max Leverage
Up to 1:2000 offshore; 1:100 for institutional accounts
Spreads From
Not consistently confirmed across sources
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
