General Information & Regulation

Founded in 2002, FXMarket is an international professional stock index broker with headquarters in London, UK and offices in the US, Canada, Hong Kong, Malaysia, and St.Vincent, providing one-stop trading services including precious metals, commodities, stock indices, Hong Kong and U.S. stocks, bonds, and digital currencies. FXMarket (QIMI FX MARKET LTD) is an important part of FXMarket Group's globalization strategy in East and Southeast Asia. As a sub-brand of the Group, the QIMI stock index since its inception is the focus on the layout of the Asia-Pacific region and customer development to explore the various needs of Chinese customers around the world. The FX Market platform currently holds an authorized representative license from ASIC (license number: 001282243) and a general financial license from NFA (license number: 0527475), as well as being regulated offshore by the St. Vincent's Financial Conduct Authority.

Market Instruments

FXMarket offers financial instruments including index futures, stock CFDs, metals, commodities, and digital currencies.

Minimum Deposit

FXMarket has three types of accounts: the Standard (minimum deposit of $100), the VIP (minimum deposit of $5,000), and the ECN (minimum deposit of $20,000). The initial deposit of $100 is quite affordable for most regular traders.

FXMarket Leverage

Forex leverage is available from 1:50 to 1:1000 for standard accounts, 1:50 to 1:400 for VIP accounts, and 1:50 to 1:200 for ECN accounts.

FXMarket Spreads

FXMarket claims that spread on EURUSD amounts to 1 pip on its platform, but other fees like commissions are not fully disclosed.

Trading Platforms

FXMarket offers traders the most popular MT4 trading platform available today, as well as MT4 PC, MT4 Mobile, MT4 Web, and My FXBook automated trading. FXMarket MT4 forex trading accounts, linked to a variety of world-class Forex trading platforms, allow you to trade forex anytime, anywhere, whenever the market is open. All FXMarket trading platforms support real-time bi-directional links to MT4, and all MT4 trading platforms are updated simultaneously, meaning that you can place, close, pending and modify all orders in real-time, whether from your computer via client-side, browser, or cell phone, or iPad.

Deposit & Withdrawal

FXMarket supports a variety of deposit methods for traders. Traders can pay via domestic banks, international bank transfers, WeChat, Alipay, Cloudflare, online credit cards, and savings cards. The currencies available for internet banking transfers are USDT and RMB, and bank wire transfers (international SWIFT) are available in USD, EUR, GBP, and JPY. The single transaction limit for WeChat/Alipay/Cloud Flash Pay is US$100 - US$2,000. With regard to withdrawals, the deposit platform does not charge any fees (excluding international wire transfers and wallet payments). There are three free withdrawal opportunities per month for a single account for those who submit RMB withdrawal requests via the China UnionPay channel.

CWG Markets Information

CWG Markets, a registered investment firm, is the trading name of the CWG Group of companies that provides various tradable instruments including forex, CFD stock, precious metals, energy, indices, and com. futures. The broker also provides four live accounts with a maximum leverage of 1:1000. The demo and Islamic accounts are also available. The minimum spread is from 0.0 pips and the minimum deposit is $10.

Pros and Cons

Is CWG Markets Legit?

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Current Status
	VFSC	CWG MARKETS LTD	Retail Forex License	41694	Offshore Regulated
	FCA	CWG Markets Ltd	Market Making(MM)	785129	Regulated

What Can I Trade on CWG Markets?

CWG Markets offers 500+ market instruments, including forex, CFD stock, precious metals, energy, indices, and com. futures.

Account Type

CWG Markets has four account types: Instant, Standard, Advanced, and Institutional. Traders who want low spreads and leverage can choose an institutional account, while those with a small budget can open an instant account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus). Muslims are allowed to open Islamic accounts without swaps.

CWG Markets Fees

The spread starts from 0.0 pips, the commission is from $0 per side, and the swap is as low as 0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

CWG Markets provides a propriety trading platform, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Deposit and Withdrawal

The first deposit amount must be $10 or above. CWG Markets accepts Visa, Mastercard, UnionPay, Poli, PayPal, Skrill, Neteller, Bank Transfer, etc. for deposit and withdrawal and commissions are free. CWG Markets does not charge any fees for withdrawals and covers the payment provider's fees for your first five withdrawals each month. For additional withdrawals beyond this limit, a $5 fee is applied to each transaction. Deposit processing times are instant and withdrawal processing times are within 72 hours.

Deposit:

Withdrawal:

Bonus

A deposit bonus can be 100% when traders register and deposit funds. Up to $2,000 per account.