Global Broker Regulation Inquiry App
About WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
اردو
MONEY SQUARE , CWG Markets Broker Comparison
Do you want to know which is the better broker between MONEY SQUARE and CWG Markets ?
In the table below, you can compare the features of MONEY SQUARE , CWG Markets side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
2 / 3 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Swap
Swap Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
7.98
Regulated
Under guarantee
--
--
10-15 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
7.39
Regulated
Under guarantee
5-10 years
FCA,FSCA,VFSC
Neteller,Skrill,Pay Retailers,ECOM,ASIA BANKS,Bank transfer,Help2Pay,kora,UnionPay,77Pay,5HPay,STICPAY
B
C
567.3
139
139
139
1994
1973
1994
B
EURUSD: 2.1
XAUUSD: -3.5
1
--
1
C
19.67 USD/Lot
25 USD/Lot
AA
Long: -5.7
Short: 1.71
Long: -54.78
Short: 16.67
AA
0.1
80.5
ECN,Standard,Cent,Islamic (Swap-Free)
--
$200
1:2000
0.0
50.00
--
--
--
CWG Markets BrokerRelated News
CWG Markets BrokerRelevant Exposures
Which broker is more reliable?
To evaluate a broker's reliability and trustworthiness, consider the following four factors:
1.Forex broker introduction。
2.Do money-square and cwg-markets have lower transaction costs?
3.Which broker is safer?
4.Which broker offers the best trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
money-square
| MONEY SQUARE Review Summary | |
| Founded | 2015 |
| Registered Country/Region | Japan |
| Regulation | FSA |
| Market Instruments | Forex, CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:25 |
| Spread | From 0.1 pips |
| Trading Platform | Proprietary platform |
| Min Deposit | 0 |
| Customer Support | Tel: +81 03-3470-5050 |
| X, YouTube, LINE, Instagram | |
MONEY SQUARE Information
Founded in 2015, MONEY SQUARE is a regulated broker registered in Japan, offering trading on forex and CFDs with leverage up to 1:25 and spread from 0.1 pips through a proprietary trading platform. Demo accounts are available and there is no minimum deposit requirement.
Pros and Cons
| Pros | Cons |
| FSA-regulated with long establishment | Limited trading products |
| Demo accounts | No MT4/MT5 platform |
| No minimum deposit | Limited payment options |
| Only accept Japanese Yen for deposits and withdrawals |
Is MONEY SQUARE Legit?
Yes. MONEY SQUARE is regulated by Financial Services Agency (FSA).
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Financial Services Agency (FSA) | Regulated | 株式会社マネースクエア | Retail Forex License | 関東財務局長（金商）第2797号 |
What Can I Trade on MONEY SQUARE?
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage
The broker offers max leverage of 1:25. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
MONEY SQUARE Fees
MONEY SQUARE does not set transaction fees for users, but charges a certain amount of spreads, for example, from 0.1 pips for USD/JPY, 0.1 pips for GBP/JPY and 0.1 pips for NZD/JPY.
No commission fee is required. Depending on the interest rate situation in each country, swaps may change from “receipt” to “payment”, or payments may be made on both buy and sell positions.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Windows, Mac, iPhone, Android | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The broker accepts payments via both quick deposit and transfer payments. MONEY SQUARE recommends the former because it is instant and free of charge, while the latter requires the client to bear the transfer fees. Note that MONEY SQUARE only accepts Japanese Yen for deposits and withdrawals.
cwg-markets
| CWG Markets Review Summary | |
| Founded | 2023-05-23 |
| Registered Country/Region | United Kingdom |
| Regulation | Offshore Regulated(VFSC)/Regulated(FCA) |
| Market Instruments | Forex/CFD stock/Precious metals/Energy/Indices/Com. Futures |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0.0 pips |
| Trading Platform | CWG |
| Min Deposit | $10 |
| Customer Support | Email: service@cwgmarkets.com |
| Phone: +44 2037699268, +60 1800819380 | |
| Live chat | |
| Facebook/LinkedIn/Instagram | |
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
| Pros | Cons |
| Various tradable instruments | High max leverage |
| Offshore Regulated(VFSC)/Regulated(FCA) | MT4/MT5 unavailable |
| Spread from 0.0 pips | Some negative comments |
| Demo account available |
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.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Energy | ✔ |
| CFD Stock | ✔ |
| Indices | ✔ |
| Precious Metals | ✔ |
| Com. Futures | ✔ |
| Shares | ❌ |
| Commodities | ❌ |
| Cryptocurrencies | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
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.
| Account Type | Instant | Standard | Advanced | Institutional |
| Minimum Deposit | $10 | $50 | $200 | $30000 |
| Spreads | 2.2 pips | 1.5 pips | 0.0 pips | 0.0 pips |
| Maximum Leverage | 1:1000 | 1:500 | 1:500 | 1:100 |
| Commission | $0 Per Side | $0 Per Side | $3 Per Side | $1.5 Per Side |
| Stop Out Level | 50% | 50% | 50% | 50% |
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.
| Trading Platform | Supported |
| CWG | ✔ |
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:
| Payment Option | Currencies | Commission | Processing Time | Estimated Arrival Time |
| Skrill | USD/EUR | Free | Within 30 minutes | Instantly |
| Neteller | USD/EUR | Free | Within 30 minutes | Instantly |
| Sticpay | GBP/USD/EUR | Free | Within 30 minutes | Instantly |
| China UnionPay | CNY | Free | Within 30 minutes | Instantly |
| Bank Transfer | GBP/USD/EUR | Free | Within 72 hours | Instantly |
| Help2Pay | THB/VND/IDR | Free | Within an hour | Instantly |
| 5Pay | THB/VND/IDR | Free | Within 24 hours | Instantly |
| 5Pay | USDT-ERC20/USDT-TRC20 | Free | Within an hour | Instantly |
| 77pay | VND | Free | Within an hour | Instantly |
| Kora | NGN/ZAR/KES/GHS/USD | Free | Within an hour | Instantly |
| Pay Retailers | Support all South American countries | Free | Within an hour | Instantly |
| Asia Banks | IDR/VND/MYR | Free | Within an hour | Instantly |
| ECOM | VND | Free | Within an hour | Instantly |
Withdrawal:
| Payment Option | Currencies | Commission | Processing Time | Estimated Arrival Time |
| Skrill | USD/EUR | Free | Within an hour | Instantly |
| Neteller | USD/EUR | Free | Within an hour | Instantly |
| Sticpay | GBP/USD/EUR | Free | Within an hour | Instantly |
| China UnionPay | CNY | Free | Within an hour | 1-72 hours |
| Bank Transfer | GBP/USD/EUR | Free | Within an hour | 1-72 hours |
| Help2Pay | THB/VND/IDR | Free | Within an hour | 1-48 hours |
| 5Pay | THB/VND/IDR | Free | Within an hour | 1-24 hours |
| 5Pay | USDT-ERC20/USDT-TRC20 | Free | Within an hour | 1-48 hours |
| 77pay | VND | Free | Within an hour | 1-48 hours |
| Kora | NGN/ZAR/KES/GHS/USD | Free | Within an hour | 1-48 hours |
| Pay Retailers | Support all South American countries | Free | Within an hour | 1-48 hours |
| Asia Banks | IDR/VND/MYR | Free | Within an hour | 1-48 hours |
| ECOM | VND | Free | Within an hour | 1-48 hours |
Bonus
A deposit bonus can be 100% when traders register and deposit funds. Up to $2,000 per account.
Do money-square and cwg-markets have lower transaction costs?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive money-square and cwg-markets are, we first considered common fees for standard accounts. On money-square, the average spread for the EUR/USD currency pair is -- pips, while on cwg-markets the spread is 0.0.
Which broker between money-square, cwg-markets is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
money-square is regulated by FSA. cwg-markets is regulated by FCA,FSCA,VFSC.
Which broker between money-square, cwg-markets provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
money-square provides the -- platform with products like --; cwg-markets offers the ECN,Standard,Cent,Islamic (Swap-Free) platform featuring assets including --.
Looking for more references? The following are other comparisons related to money-square, cwg-markets:
money-square vs lblv money-square vs valutrades money-square vs world-forex money-square vs am-markets money-square vs ava-trade money-square vs vt-markets cwg-markets vs lblv cwg-markets vs valutrades cwg-markets vs world-forex cwg-markets vs am-markets cwg-markets vs ava-trade cwg-markets vs vt-markets
