Introduction To WCG Markets
WCG Markets Offers Trading Of Currency Pairs, Precious Metals, Indices And Energy In The Over-the-counter (OTC) Market Via MetaTrader 4 (MT4). The WCG Brand Was Registered In 2018. Over A Period Of More Than 5 Years, The Company Has Moved From Asian Markets To International Operations And Has Opened Representative Offices In Canada, The United Kingdom, Saint Vincent And The Grenadines. WCG Markets Offers High-quality Brokerage Services And Has Won Many Awards, Including Best FinTech And Forex Solution WikiFX-2024.
Advantages Of Trading At WCG Markets:
This Broker Is Regulated In Multiple Jurisdictions Where It Has Representative Offices;
It Offers Trading Through The Classic MetaTrader 4 With Important Trading And Analysis Features;
Offers Partner Programs With Various Fee Plans And Working Modes;
WCG Markets' Service Fees Are Included In The Spread;
The Broker Offers A Bonus Program With The Opportunity To Withdraw Bonus Funds;
Offers Demo Accounts;
The Company Offers Passive Income Services Such As Copy Trading, MAM, And Expert Advisors.
Disadvantages Of WCG Markets:
The Minimum Deposit Is $100, But There Is No Opportunity To Open A Cent Account;
Limited Choice Of Trading Tools Compared To The Broker's Competitors;
The Account Is Limited To Chinese Citizens Aged 18-65.
Trading Account Opening
Only Traders Registered On The WCG Markets Website Can Access The User Account. The Broker Offers Its Services Only To Chinese Nationals. To Create A User Account, Please Follow The Instructions Below:
1 Click On The "Open Real Account" Button On The Company's Official Website.
2 In The Form, Enter Your Name, Country, Phone Number And Email. Also, Create Or Generate A Password To Protect Your User Account.
3 Traders Residing In The Chinese Mainland Only Need To Upload Identification Documents. Residents Of Other Regions Only Need Passport And Address Confirmation, Such As Driver's License, Permanent Resident Card Or Utility Bill For The Last Three Months. After That, You Can Open An Account In Your User Account, Make A Deposit And Start Trading In The Pre-installed Platform Or WebTrader.
Account Type
After Registering A User Account On The WCG Markets Website, Traders Can Choose One Of Two Available Account Types.
Account Type
True
It Is An Account That Trades Currencies And Different Types Of CFDs On MT4 With Fiat Currency. Leverage And Spread Depend On The Trading Instrument. It Is Possible To Trade Micro And Mini Lots;
Demo
This Is A Training Account With Conditions Similar To A Real Account And No Deposit Is Required. The Profit And Loss Is Virtual As The Trade Is Conducted With Virtual Funds. The Virtual Deposit Offered By The Broker Is $100,000.
Currently, The Cent Account Is Not Available.
WCG Markets Offers The Opportunity To Test The Trading Conditions In Demo Mode Before Switching To A Real Account. The Broker Does Not Offer Micro Accounts, Which Is A Disadvantage For Novice Forex Traders.
Deposits And Withdrawals
WCG Markets Processes Withdrawal Requests Within One Business Day;
Clients Receive Their Money Within 2 Hours Of Request Confirmation;
Withdrawal Fees Are 3% Of The Amount. A Fee Is Charged When A Trader Does Not Comply With The Volume Requirements And Is Withheld While Making A Trade.
If The Client Does Not Have Enough Money To Cover The Fee, The Withdrawal Will Be Refused.
Customer Support
WCG Markets Offers Multiple Communication Channels And Is Available 24/5. The Main Languages Are Chinese And English, But The Operator Is Supported To Use An Online Translator At The Request Of The Trader.
