CWG Introduction; CWG Markets Ltd ("CWG") is a globally leading financial
products online trading provider authorized and supervised by the FCA (regulatory number: 785129), offering traders international securities, contracts for difference,
commodities, global indices, and other financial derivatives trading, providing multilingual
round-the-clock retail and institutional services to more than 150 countries and regions worldwide. CWG adheres to the principle that trading starts with trust, providing traders with capital
security, extremely low spreads, an excellent stable trading environment, and diverse event support.
There is a lucky draw activity for deposits located in the second "Activity Center" at the top left corner of the client area
where you can draw 10 times, with each $100 deposit granting one chance to draw.
$5900 allows for 10 draws, with no trading volume requirements, unless additional tasks are received. These are optional and if chosen, must be completed within 7 days of activation, otherwise they are automatically cancelled. Completing tasks may grant additional lucky draw chances.
The prize money from the draw is credited to the personal center wallet, from which it can be transferred into the trading account
Main business includes:
Cwg license categories:
FCA license types, GCwG, EU licenses
These licenses are displayed as "EEA Authorised" in the "Status" column on the FCA's regulatory information website. This indicates they are companies from EU member states that can provide financial services to EU and UK citizens, but these services are only regulated by the company's home country and are not protected by the UK's Financial Services Compensation Scheme (FSCS), meaning they cannot hold client funds. These licenses are the weakest and, strictly speaking, these companies are not regulated by the FCA.
Basic license
A basic license can be understood as the FCA's basic license, complying with UK regulation, but without an office or branch in the UK and is mostly issued to white labels. Large broker white labels may only have this type of license because obtaining a license that states "Able to hold client money" is very costly and unnecessary for white labels. Generally, both this type and the first type cannot hold client funds, meaning they are not qualified to hold client funds. Licenses in the Basic license category are also ineligible for FSCS compensation.
Full license (highest level license)
Must be audited by the FCA and have a physical office in the UK. Most of these are able to hold client money, meaning they are qualified to hold client funds. Companies with "Able to hold client money" need to pay a security deposit of over 2 million pounds, indicating that financial companies can hold and safeguard client funds. For forex brokers, having this is what truly counts as being regulated by the FCA, ensuring client funds are protected by the Financial Services Compensation Scheme (FSCS).
The full license is the highest quality among the license categories (EU license, Basic license, Full license). However, it is important to note that having a full license does not automatically mean protection under the FSCS compensation scheme; it's essential to understand that full licenses are divided into three different types.---Sub-heading style in the body of the article-
Why Choose CWG
Standing on the shoulders of giants and established at the pinnacle of the industry, CWG Markets is not only a global currency institution/retail trading provider and corporate asset management service merchant but also a financial liquidity provider. In just 5 years, it has developed over 1 million users worldwide, becoming one of the fastest-growing brokers in the industry. CWG's strong financial strength and stability safeguard every transaction you make.
In 1694, the UK established the first joint-stock bank--the Bank of England, establishing the basic organizational form for the modern financial industry's development. Subsequently, the financial industries of developed countries developed rapidly, with "The City of London" and "New York Financial Market" gradually becoming the two most important international financial markets, housing many long-standing, strong financial institutions. Especially the City of London, as the largest foreign exchange trading market globally, leads in international finance, cross-border lending, and foreign equity transactions. CWG Markets was born here, authorized and regulated by the UK's Financial Conduct Authority (FCA).
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Since its inception, CWG Markets has adopted a global perspective, hoping to create the "ultimate in excellence" trading environment for global investors through a diversified structural system. Data shows that CWG, indeed leveraging its strong overseas background, top-tier professional services, and precise market strategies, has steadily grown in the global market.
Over the past period, we have provided trading services to more than 135 countries and regions, empowering global trading users, while constantly optimizing and upgrading key functionalities and services during this time. In the future, CWG Markets will continue to optimize, and we firmly believe that a high-quality trading environment and innovative technology, under a comprehensive international quality solution, will bring greater value to users. We will also continue to strive to provide more user-friendly services for more investment traders, letting users truly experience CWG's unique imagination and sense of speed, working together towards mutual success.
How Does CWG Markets Handle Slippage?
We adhere to a fair, just, and open approach with each customer, adopting the industry-wide practice towards slippage. CWG does not interfere with customer trades or the actual execution prices of orders, ensuring customers receive the most immediate and accurate quotes. In every circumstance, CWG strives to offer customers better prices during favorable market trends. However, under equal conditions, if the market trend is poor, the price will also be unfavorably impacted. All client quotes come directly from CWG's cooperating liquidity providers, and to ensure our broad client base receives the most advantageous prices during favorable market trends, we invest heavily in choosing the most reputable and financially strong liquidity providers to cooperate with.
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For more related information and platform selection, please contact CWG's Ah Hai, available 24 hours online