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WINGO MARKETS

Regulatory Status

Regulated

Regulation & License

MISA FinCEN

Regulatory Information: Lower-tier regulation; investor protection may be limited.

Score

5.01 /10

Regulation

4.29

Tech

6.25

Reputation

5.63

Business

6.32

Risk Control

6.20

How is the TrustScore calculated?

WINGO MARKETS Comprehensive Review

WINGO MARKETS exhibits overall weak performance, not recommended for risk-sensitive investors, with a composite score of 2.02, lacks credible regulatory oversight, and operates under a license from the Mwali International Services Authority in Comoros; this broker's operational history spans 2-5 years, and its software rating is 8.31, but the absence of robust regulation and low risk control rating presents significant fund safety considerations. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-06-19)

Regulatory Standing And Licensing Details
WINGO MARKETS is an unregulated entity operating globally. Its primary regulatory status is Not Regulated, with its parent company, Wingo Group LTD, registered in Comoros. The firm holds a Forex Trading License (EP) from the Mwali International Services Authority (MISA) in Comoros and a Currency Exchange License (MSB) from the U.S. Financial Crimes Enforcement Network (FinCEN). The absence of direct regulation from a major financial authority overseeing Forex trading signifies a lack of credible oversight and constitutes a severe risk warning for potential traders. It is strongly advised to verify these license details directly on the respective regulators' official websites.
Safety Score Breakdown Across Each Dimension
WINGO MARKETS carries a composite score of 2.02, with a regulatory rating of 0.0, risk control rating of 0.0, software rating of 8.31, business rating of 5.95, and license rating of 0.0. Its aggregated rating reflects considerable caution across core areas. The regulatory and license ratings indicate an absence of credible financial market oversight. The risk control rating suggests potential deficiencies in client fund protection. While the software and business ratings present stronger operational metrics, traders should weigh these dimensions carefully against their own risk tolerance and priorities.
Essential Facts And Operational Features
WINGO MARKETS has operated for 2-5 years out of Comoros, runs on MetaTrader 5, and offers multiple account types for varied trader needs. The broker's operational background is characterized by its established presence and global business scope, with registration based in Comoros. For market access, it provides traders with a proprietary MT5 terminal, which is a widely recognized platform supporting automated trading strategies. Several live account types are available, including a Starter account, an ECN account, a Pro account, and a Social Trade account. These accounts feature maximum leverage up to 1:500, accommodate scalping and expert advisors, and have varying minimum deposit requirements and spreads to suit different capital sizes and trading styles.
Trading Environment and System Configuration
WINGO MARKETS's average order execution speed is 211.7 ms and it runs on the MetaTrader 5 platform, with a trading environment grade not currently disclosed. The broker offers an average execution speed of 211.7 milliseconds, which reflects its order processing time. It operates exclusively on the MetaTrader 5 platform. The internal composite rating for its overall execution environment is not available; readers may cross-reference with other internal sub-scores. The broker does not appear to support the MetaTrader 4 software.
Product Range and Tradable Instruments
WINGO MARKETS's specific tradable instruments, instrument count, and the list of NOT-offered main categories are not currently disclosed; readers may review the broker's official site for the full list. The list of main instrument categories that are not available is also not disclosed; readers should verify coverage against their own trading needs. Product availability is a key factor for traders, who should match the broker's offering to their own trading preferences and strategies.

WINGO MARKETS Regulation & License

Regulated
Comoros Forex Trading License (EP)
Click to View
Active
United States Currency Exchange License (MSB)
Click to View

Note: The above regulatory information is sourced from the official WINGO MARKETS website.

Basic Information

Registered Region
Comoros
Operating Period
2-5 years
Company Name
Wingo Group LTD

Customer Service Email Address
support@wingomarkets.com
Contact Number
+357 25591367
Company Website
https://wingomarkets.com/

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Frequently Asked Questions About WINGO MARKETS

Is WINGO MARKETS a regulated forex broker?
WINGO MARKETS operates primarily as an unregulated entity. It holds a Forex Trading License (EP) from the Mwali International Services Authority (MISA) in Comoros, a registration for international business entities. It also holds a Currency Exchange License (MSB) from the U.S. Financial Crimes Enforcement Network (FinCEN). It is crucial to understand that neither license constitutes comprehensive prudential oversight from a major financial market authority responsible for forex trading. Its primary regulatory status is 'Not Regulated'.

Is WINGO MARKETS safe to trade with based on WikiFX data?
Based on its current assessment, WINGO MARKETS has a composite safety score of 2.02, which is very low. Key indicators include regulatory and license ratings of 0.0, and a risk control rating of 0.0. This indicates a severe lack of credible oversight and potential operational safeguards for client funds. While its software rating is higher at 8.31, traders should weigh this against the significant risk warnings in the regulatory and fund protection dimensions before making a decision.

Is the entry threshold of WINGO MARKETS high?
The entry threshold varies by account type and can be considered accessible for some traders. The Starter account has a minimum deposit requirement of 50 USD, making it an accessible entry point. The ECN account requires 500 USD, and the Pro account requires 5000 USD. All accounts offer high maximum leverage of 1:500. However, specific details on the minimum lot size are not currently disclosed. You should assess whether these account thresholds align with your available capital.

Can I use EA or automated trading with WINGO MARKETS?
Yes, WINGO MARKETS supports automated trading via Expert Advisors (EAs). All listed account types, including Starter, ECN, Pro, and Social Trade, allow the use of EAs. The broker operates exclusively on the MetaTrader 5 platform, which is a widely used environment designed for algorithmic trading. Traders looking to implement automated strategies can do so on this platform.

What can I trade on WINGO MARKETS?
The complete list of tradable instruments and the total instrument count are not currently disclosed. The broker's official account information mentions spreads for FX and XAUUSD (gold), indicating availability of forex and precious metals. The specific range of asset classes, such as stocks, indices, or cryptocurrencies, is not detailed. You should verify the full product offering directly on the broker's website to ensure it matches your trading strategy.