Brokers  /  WCG

WCG

Severe risk
🇭🇰 Hong Kong · 5-10 years · since 2021-05-18 · WCG Markets (HK) Limited
Independent ratingshow third parties score this broker
WikiFX1.52/10
Trustpilot/5
Forex Peace Army/5
85
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • 6 user exposure/complaint reports filed
  • Withdrawal complaints in ~167% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints10012%
Offshore registration458%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameWCG Markets (HK) Limited
Headquarters🇭🇰 Hong Kong
Founded2021-05-18
Years operating5-10 years
Employees0
Official website
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
香港九龙湾伟业街38号富临中心B座22楼D室

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
HKGXPrecious Metals Trading (AGN)012Hong Kong

Review analysis AI

Across 6 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (10 reports) — the classic warning sign in forex.

0
Period:
What users complain about
Where reviewers are from
Hong Kong5
United States1

Real user reviews

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About WCG

WCG is a forex and CFD broker based in Hong Kong, with records dating to 2021-05-18. It reports oversight from HKGX.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full WCG review