Forex CG MARKETS Trading Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.4

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.6

Business 0.9

Risk Control 1.2

Software 1.9

Regulatory 1.4

Terminal Snapshot

CG MARKETS Trading Conditions

Registered Region Hong Kong

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email cs@wcjy888.com

Contact Number 400-842-3982

Website www.wcjy88.com

Balanced Review

Pros & Cons

Pros

Offers demo accounts for risk-free practice
Diverse range of trading instruments including Forex and commodities
Utilizes the widely recognized MT4 trading platform
Customer support available via phone and email
Flexible account opening process for various trader levels

Cons

Regulatory concerns due to CGSE clone status
Limited customer support options
Website availability issues
No investor compensation schemes
Potentially high trading risks

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	CG MARKETS	Fidelity	SCFH	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Hong Kong	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.4/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does CG MARKETS Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Demo Account	Beginners	Practice trading without risk	Ideal for skill development
Retail Account	General traders	Access to various trading instruments	Suitable for most traders

Account Opening Process

To open an account with CG MARKETS, traders must submit personal, employment, and financial information. This includes identity verification through documents such as an ID and proof of address. The process allows for flexibility, as traders can upgrade to a professional account at a later stage if their trading needs change.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	Competitive spreads for trading
Forex (Minor Pairs)	Varies	$0	Spreads may be wider
CFDs (Stocks)	Varies	$0	Varied instrument options
CFDs (Indices)	Varies	$0	Includes major global indices
CFDs (Commodities)	Varies	$0	Focus on precious metals
Cryptos (BTC, ETH)	Varies	$0	Availability may depend on market conditions

Other Fees

Additional fees may apply, including deposit and withdrawal fees, inactivity fees, and potential overnight interest (swap rates). Currency conversion fees may also be applicable depending on the trading activity and account management.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

CG MARKETS User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

James Thompson

Hong Kong

★ ★ ★ ★ ★

I had high hopes for CG MARKETS, but my experience has been disappointing. Withdrawals take too long, and customer support is hard to reach. I find myself frustrated with the lack of timely assistance.

Sarah Lee

Toronto

★ ★ ★ ★ ★

CG MARKETS has been a decent platform for me. I appreciate the user-friendly MT4 interface and the demo account feature, which helped me practice before trading live. However, I wish their customer support was more responsive.

Michael Johnson

New York

★ ★ ★ ★ ★

I encountered numerous issues while trying to withdraw my funds. The support team was unhelpful, and I often had to wait days for a response. I cannot recommend CG MARKETS based on my experience.

Emily Chen

Sydney

★ ★ ★ ★ ★

I’ve been trading with CG MARKETS for a while now, and I’m impressed with their platform. The MT4 tools are robust, and I appreciate the variety of instruments available. Overall, a solid experience for my trading needs.

Hong Kong Market