Score
WZG
Hong Kong|2-5 years| https://en.wzg.com
Website
Rating Index
Contact
Licenses
Licensed Institution：萬洲金業集團有限公司
License No.：141
Single Core
1G
40G
1M*ADSL
- The number of the complaints received by WikiFX have reached 23 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
Basic information
Hong Kong
2-5 years Regulated in Hong Kong Type AA License Suspicious Scope of Business High potential riskUsers who viewed WZG also viewed..
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Website
wzg.com
Server Location
Hong Kong
Website Domain Name
wzg.com
Website
WHOIS.190.COM
Company
EIMS (SHENZHEN) CULTURE & TECHNOLOGY CO., LTD
Domain Effective Date
2000-05-10
Server IP
47.242.217.68
-
wzg2.com
Server Location
Singapore
Website Domain Name
wzg2.com
Website
WHOIS.PUBLICDOMAINREGISTRY.COM
Company
PDR LTD. D/B/A PUBLICDOMAINREGISTRY.COM
Domain Effective Date
2017-02-10
Server IP
18.140.70.202
Genealogy
VIP is not activated.
WZG
WZG
WZG
Company Summary
| WZGReview Summary | |
| Founded | 2017 |
| Registered Country/Region | Hong Kong |
| Regulation | Regulated |
| Market Instruments | London goldLondon silver |
| Demo Account | ✅ |
| Leverage | / |
| Spread | $20 / lot, $100 /lot |
| Trading Platform | Self-developed APP SystemMT4 |
| Min Deposit | $70 |
| Customer Support | Phone: (+852) 2388 9560 |
| Email: cs@wzg.com | |
WZG Information
WZG is a Hong Kong registered brokerage established in 2017. Currently, it is under the supervision of CGSE and mainly provides traders with trading opportunities in London Gold and London Silver. In addition, there are two trading platforms for traders to use, which support 0 commission.
Pros and Cons
| Pros | Cons |
| Well regulated | No account information |
| Zero commission | |
| No charge | |
| Support MT4 |
Is WZG Legit?
| Regulated Region | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
 | CGSE | 萬洲金業集團有限公司 | Type AA License | 141 | Regulated |
What Can I Trade on WZG?
WZG mainly provides you with the opportunity to trade London gold and London silver, you can directly view the live quotes on their official website.
| Tradable Instruments | Supported |
| London gold | ✔ |
| London silver | ✔ |
| Forex | ❌ |
| Precious metals & Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
WZG didn't provide specific account information.
The WZG account opening process is as follows:
- Log in to Wanzhou official website and click [Open an account] to enter the account opening page. Fill in the mobile phone number, check I have read and agree to the “WH Gold User Agreement”, click to obtain the verification code.
- Drag the verification slider to complete the puzzle, fill in the obtained SMS verification code, and click Next.
- Fill in your real name and ID number and click Next.
- Set the login password (login password is only used to log in to the Wanzhou Gold Member Center), click Next.
- Open the account successfully, click [Complete the questionnaire immediately].
- Fill in the questionnaire and submit it. You can carry out the capital injection transaction.
WZG Fees
London gold spread is $20 / lot, 0 commission; London Silver spread is $100 /lot, 0 commission.
Trading Platform
WZG offers two trading platforms, the Self-developed APP and MT4, which enable traders to use both mobile and desktop.
| Trading Platform | Supported | Available Devices | Suitable for |
| Self-developed APP System | ✔ | Mobile | All traders |
| MT4 | ✔ | Desktop, Mobile | Beginner |
| MT5 | ❌ |
Deposit and Withdrawal
WZG supports two types of deposit methods: fast online banking (online banking or Alipay payment) and bank remittance (transfer to public banks). Open a trade with a deposit of $70. In addition, it supports 7 days x 24 hours with no deposit or withdrawal time limit.
Keywords
- 2-5 years
- Regulated in Hong Kong
- Type AA License
- Suspicious Scope of Business
- High potential risk
Review 23
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Review 23
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奔跑的小鹿
Hong Kong
It gets stuck when trading, I can't close a position when I make a profit, I can't log in. I can log in only after I lose money, and I can log in by changing another account during the period. I asked customer service, they said there is a problem with my mobile phone network, and I need to be responsible for it.
Exposure
05-20
FX2408897747
Hong Kong
19:47 At the beginning, the exclusive customer service added me on WeChat and called me for orders. Later, the WeChat account of the exclusive customer service was reported by many people. Now the account is abnormal. The app must be downloaded through the link, and the app needs to be downloaded again every once in a while. The slippage is serious. The most hateful thing is that many times when there is a big market, the app freezes, black screens, or freezes. It returned to normal. Every once in a while, customer service will call to introduce account upgrades and induce deposits. Deposits are all private accounts, and withdrawals are also private long-term accounts, and withdrawals will lead to judicial freezing of my bank card.
Exposure
2023-05-22
鲸
Hong Kong
Yesterday, I went to the police to report the case. Today, WH Group directly freezes my account. I still have money within it. Do not withdraw and no refunds, just freeze it.
Exposure
2023-02-16
鲸
Hong Kong
This morning on February 16, 2022, my account will be frozen directly. If you don’t give me an explanation, I will definitely defend my rights to the end.
Exposure
2023-02-16
鲸
Hong Kong
Forcibly liquidate the position and do not return. Already report to police. Fraud platform is unable to withdraw and forcibly liquidate the position. The customer service does not response after contacting
Exposure
2023-02-15
鲸
Hong Kong
1 The loss of 30,000 US dollars within three months was operated by a child at home. I did not operate it. I told the customer service that it was a minor operation. The customer service ignored the black platform and waited. The problem with my bank card is normal, and you say that my abnormality is my problem. I used the card this morning to claim compensation for losses. Wanzhou customer service said that it is the customer's own problem if it does not deal with it. Anyway, any problem is the customer's own problem. You black platform. Yes, I will use my legal means to protect my rights
Exposure
2023-02-15
鲸
Hong Kong
Wanzhou Gold Industry is a fraud platform and a fraud. The withdrawal of $1,000 shows completed, but I did not receive it. I submit bank statement, mobile phone screen recording, and electronic banking. They still tell me that they withdraw money, the customer service has been shirking, please keep your eyes open
Exposure
2022-11-07
FX3398076807
Hong Kong
I was invited in by a netizen to open an account and invested 70,000 CNY and made a profit of more than 200,000 CNY (WZG fraud Platform). So far, I can't withdraw. The customer service said that I have to pay %20 personal income tax before I can withdraw. Now, I cannot log in and the customer service is not there.
Exposure
04-16
FX1204153229
Hong Kong
Freeze my account balance, $60,172.93 since March 4, 2020. And teh customer service didn't help me
Exposure
04-16
眉眼如画
Hong Kong
Wanzhou Gold is a fraud broker. Do not be cheated.
Exposure
04-16
Lucky72631
Hong Kong
Unable to withdraw. I filled in my bank card number correctly but they said that my bank card number info was wrong.
Exposure
04-16
心如止水 林
Hong Kong
At first, they told me that their system need to be upgraded. And then, the yjust disappeared.
Exposure
04-16
相林
Hong Kong
My friend asked me to give it a try, then I became a member, and then I became a gold member. Then they told me that I must pay taxes to withdraw money. However, they told me that the card number was missing by one digit and I had to pay a deposit. When I wanted to withdraw money, they said that the turnover was not enough and asked me to upgrade to platinum membership or use my current account to do ten times the transaction before I could withdraw it. I hope the platform can help me, the money is all loans.
Exposure
04-16
FX3255865944
Hong Kong
Wanzhou Gold doesn’t allow customers to withdraw. The account will be closed after you profit and withdraw. They said the customers should go to Hong Kong to sign the agreement of withdrawal during the outbreak. 50% of the capital should be deducted. This problem hasn’t been solved since this March, what a rip-off. Cheat us and wanna avoid responsibilities via the outbreak. Shameless. It may abscond after the outbreak!
Exposure
04-16
海纳百川42543
Hong Kong
Financial fraud. The software slags. Invest by borrowing and make a huge loss. Induce you to deposit.
Exposure
04-16
神经蛙58249
Hong Kong
The software always lags so that I can’t operate after the American market opens.
Exposure
04-16
一醉方休
Hong Kong
I traded last night but the price didn’t exist.
Exposure
04-16
罪己诏
Hong Kong
The platform canceled clients’ accounts inexplicably.
Exposure
04-16
axim黑平台
Hong Kong
It prevents me from depositing money, which causing forced liquidation under a low margin.
Exposure
04-16
红雨
Hong Kong
I asked customer service to cancel some discarded cards. But I still could log in to the center. Since I have tried many times online, thus I couldn’t cancel it offline due to times limits.
Exposure
04-16