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SBI SECURITIES , CWG Markets Broker Comparison

Do you want to know which is the better broker between SBI SECURITIES and CWG Markets ?

In the table below, you can compare the features of SBI SECURITIES , 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
SBI SECURITIES
7.98
Regulated
Under guarantee
--
--
15-20 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
CWG Markets
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
--
--
--

SBI SECURITIES 、 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 sbi-securities 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

sbi-securities
SBI Securities Review Summary
Founded1999
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsForex, Stocks, Bonds, ETFs, Mutual Funds, CFDs, Gold/Platinum, NISA, iDeCo
Demo AccountAvailable
LeverageUp to 1:25 (for FX)
SpreadFrom 1 pip (FX pairs),0.5 pips(CFDs)
Trading PlatformProprietary web and mobile platforms, HYPER SBI
Min Deposit¥10,000
Customer SupportPhone: 0120-104-214
Email: contact@sbisec.co.jp
24/7 Online Chat: No
Physical Address: Japan

SBI Securities Information

Established in 1999 with a headquarters in Japan, SBI Securities is under FSA control. Forex, equities, bonds, ETFs, mutual funds, and more are among the several market tools it provides with leverage up to 1:25 for FX trading. The platform offers proprietary web and mobile trading systems including HYPER SBI and enables a minimum deposit of ¥10,000.

SBI Securities Information

Pros and Cons

ProsCons
Over 150+ financial products and servicesLimited leverage for FX (max 1:25)
Provide NISA and iDeCo accounts for tax advantagesNo 24/7 customer support
Regulated by FSA

Is SBI Securities Legit?

Current StatusRegulated
License TypeRetail Forex License
Regulated ByJapan
License No.関東財務局長(金商)第44号
Licensed Institution株式会社SBI証券
Is SBI Securities Legit?

What Can I Trade on SBI Securities?

SBI Securities offers a 150+ stocks, 30+ currency pairs, and various ETFs, mutual funds, and bonds.

Tradable InstrumentsSupported
Forex
Stocks(Overseas and Japan stock)
ETFs(Overseas)
Mutual Funds
Bonds
Commodities
Options
Cryptocurrencies
What Can I Trade on SBI Securities?

Leverage

SBI Securities only provides 1:25 leverage for FX pairs.

Account Types

SBI Securities offers multiple account types: regular investment accounts, NISA accounts, and iDeCo pension accounts.

Demo accounts are also available.

Account TypeMinimum DepositFeatures
Regular Account¥10,000Access to all products and services
NISA Account¥0Tax-advantaged investing
iDeCo AccountVariablePension-specific tax benefits

SBI Securities Fees

With specified fees for domestic stock transfers under different names and ¥3,300 for investment trust transfers, SBI Securities offers free account administration, deposits, withdrawals, and most transfers.

Trading Fees

ServiceFee
Domestic StocksStarting from ¥99 per trade
Investment TrustsVaries by fund (management fees apply)
FX (Foreign Exchange)From 1 pip (spread only)
ETF/ETNVaries by issuer
REITsVaries by issuer
BondsDepends on bond type
CFDsFrom 0.5 pips (spread only)

Non-Trading Fees

ServiceFee
Account Opening and ManagementFree
Bank Transfer DepositsCustomer-borne transfer fees
Instant Deposits/Real-Time DepositsFree
WithdrawalsFree
Domestic Stock TransfersFree (same-name)
Domestic Stock Transfers (different names)¥2,200 per brand (tax incl.)
Investment Trust TransfersFree (same-name) / ¥3,300 per brand (tax incl.)
Foreign Stock TransfersFree (same-name) / ¥2,200 per brand (tax incl.)

Paid Services (Optional)

ServiceFee
Premium News¥37,125/month (tax incl.)
Real-Time US Stock Prices¥550/month (tax incl.)
BroadNewsStreet¥330/month (tax incl.)
SBI Securities Fees

Trading Platform

SBI provides different App for different products.

Trading PlatformSupportedAvailable DevicesSuitable for
HYPER SBIWindows, macOSStock traders
SBI Mobile AppiOS, AndroidOn-the-go trading
Unique App for different products(SBI stock App, Domestic socks smartphone site.etc)WebGeneral and retail traders
Trading Platform

Deposit and Withdrawal

SBI Securities does not charge withdrawals or deposits fees. Account type determines the minimum deposit; it ranges from ¥10000 in standard account.

cwg-markets
CWG Markets Review Summary
Founded2023-05-23
Registered Country/RegionUnited Kingdom
RegulationOffshore Regulated(VFSC)/Regulated(FCA)
Market InstrumentsForex/CFD stock/Precious metals/Energy/Indices/Com. Futures
Demo Account
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformCWG
Min Deposit$10
Customer SupportEmail: 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.

CWG Markets Information

Pros and Cons

Pros Cons
Various tradable instrumentsHigh max leverage
Offshore Regulated(VFSC)/Regulated(FCA)MT4/MT5 unavailable
Spread from 0.0 pipsSome negative comments
Demo account available

Is CWG Markets Legit?

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
Is CWG Markets Legit?
VFSCCWG MARKETS LTDRetail Forex License41694Offshore Regulated
Is CWG Markets Legit?
FCACWG Markets LtdMarket Making(MM)785129Regulated
Is CWG Markets Legit?
Is CWG Markets Legit?
Is CWG Markets Legit?

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
What Can I Trade on CWG Markets?

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 InstantStandardAdvancedInstitutional
Minimum Deposit$10$50$200$30000
Spreads2.2 pips1.5 pips0.0 pips0.0 pips
Maximum Leverage1:10001:5001:5001:100
Commission$0 Per Side$0 Per Side$3 Per Side$1.5 Per Side
Stop Out Level50%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 PlatformSupported
CWG
Trading Platform

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 OptionCurrenciesCommissionProcessing TimeEstimated Arrival Time
SkrillUSD/EURFreeWithin 30 minutesInstantly
NetellerUSD/EURFreeWithin 30 minutesInstantly
SticpayGBP/USD/EURFreeWithin 30 minutesInstantly
China UnionPayCNYFreeWithin 30 minutesInstantly
Bank TransferGBP/USD/EURFreeWithin 72 hoursInstantly
Help2PayTHB/VND/IDRFreeWithin an hourInstantly
5PayTHB/VND/IDRFreeWithin 24 hoursInstantly
5PayUSDT-ERC20/USDT-TRC20FreeWithin an hourInstantly
77payVNDFreeWithin an hourInstantly
KoraNGN/ZAR/KES/GHS/USDFreeWithin an hourInstantly
Pay RetailersSupport all South American countriesFreeWithin an hourInstantly
Asia BanksIDR/VND/MYRFreeWithin an hourInstantly
ECOMVNDFreeWithin an hourInstantly

Withdrawal:

Payment OptionCurrenciesCommissionProcessing TimeEstimated Arrival Time
SkrillUSD/EURFreeWithin an hourInstantly
NetellerUSD/EURFreeWithin an hourInstantly
SticpayGBP/USD/EURFreeWithin an hourInstantly
China UnionPayCNYFreeWithin an hour1-72 hours
Bank TransferGBP/USD/EURFreeWithin an hour1-72 hours
Help2PayTHB/VND/IDRFreeWithin an hour1-48 hours
5PayTHB/VND/IDRFreeWithin an hour1-24 hours
5PayUSDT-ERC20/USDT-TRC20FreeWithin an hour1-48 hours
77payVNDFreeWithin an hour1-48 hours
KoraNGN/ZAR/KES/GHS/USDFreeWithin an hour1-48 hours
Pay RetailersSupport all South American countriesFreeWithin an hour1-48 hours
Asia BanksIDR/VND/MYRFreeWithin an hour1-48 hours
ECOMVNDFreeWithin an hour1-48 hours
Deposit and Withdrawal

Bonus

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

Do sbi-securities 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 sbi-securities and cwg-markets are, we first considered common fees for standard accounts. On sbi-securities, the average spread for the EUR/USD currency pair is -- pips, while on cwg-markets the spread is 0.0.

Which broker between sbi-securities, 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.

sbi-securities is regulated by FSA. cwg-markets is regulated by FCA,FSCA,VFSC.

Which broker between sbi-securities, 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.

sbi-securities provides the -- platform with products like --; cwg-markets offers the ECN,Standard,Cent,Islamic (Swap-Free) platform featuring assets including --.

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