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0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

WZG

Hong Kong | 2-5 years |
Regulated in Hong Kong | Type AA License | High potential risk

https://en.wzg.com

Website

Rating Index

Influence

Influence

C

Influence index NO.1

China 4.80
Surpassed 59.40% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+852 2388 9560
cs@wzg.com
https://en.wzg.com
香港荃湾杨屋道8号如心广场2期2601-02室
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Licensed Entity:萬洲金業集團有限公司

License No. 141

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
2025-09-18
  • WikiFX has received a total of 28 user complaints against this broker, please be aware of the risks and do not be scammed!
3

Basic Information

Registered Region
Hong Kong
Operating Period
2-5 years
Company Name
万洲金业集团有限公司
Abbreviation
WZG
Company employee
--
Customer Service Email Address
cs@wzg.com
Contact Number
+85223889560
Company Website
Company address
香港荃湾杨屋道8号如心广场2期2601-02室

靠谱3152

Unverified

Hong Kong

Seeing others expose you for not processing withdrawals despite making profits!! Is this how you play at the Hong Kong International Financial Centre? Watch out for triad members knocking on your door.

Exposure

08-16

FX1617110504

Unverified

Hong Kong

Hello everyone! Today is May 17, 2025. I've been trading Forex and Gold on the WZG platform in Hong Kong. If going long, the price drops instantly, if shorting, it immediately starts moving in the long direction. If hedging, it sweeps within both ranges. WZG is now closed, with data frozen (see the white image). The customer service has shown chats suggesting the market closure. Yet, the ec Markets platform (see the black image), regulated in the UK, is still operational. Their customer service is vague about the situation. It seems the market wasn't closed, but the platform was shut down prematurely. Who covers the losses from those data fluctuations? Their customer service reiterated their legality and regulation by the Hong Kong Gold Business Association, highlighting the importance of understanding a platform thoroughly before choosing.

Exposure

05-17

FX1617110504

Unverified

Hong Kong

Deposit processing is slow, customer service keeps saying it's being handled, the platform is deliberately stalling for time,

Exposure

05-02

FX1248674612

Unverified

Hong Kong

Tested, withdrawals are functioning normally, and funds will arrive on the same day.

Positive

09-07

FX1617110504

Unverified

Hong Kong

The official website states one business day for withdrawals, but in reality, it usually takes more than one business day. Contacting customer service shows they are online, but in practice, they are often offline for long periods.

Exposure

05-01

奔跑的小鹿

Unverified

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

2024-05-20

FX3792673861

Unverified

Hong Kong

Exposure platform: Wanzhou Gold Teacher: Hong Shihong Product: London XAU/USD and XAG/USD In this August, a stranger added me. After knowing I was investing stock, he recommended me London gold and sent me the profit screenshots. Once, I inquired about his investment, he told me that he was following a teacher and induced me to have a try. Then I opened an account in Wanzhou Gold and added the teacher Hong Shitao. At first, I profited a lot. Later, saying that there would be a cocking market, he advised me to add fund to resist the risk. With his induction, I add a portion of fund and decided to withdraw after this trading. Unexpectedly, my account became forced liquidation because of adverse order recommendation. The teacher blamed it on my little fund. I was mad and wanted to withdraw the fund. But the withdrawal is unavailable since the customer service claimed that the system was under upgrading. Feeling a little weird, I search the its information online and figured out many negative news about it.

Exposure

2024-04-16

乐萱家

Unverified

Hong Kong

I couldn't close my position because of slippage. When I made a complaint, they asked me to sign an agreement to cancel my account. After refusingthe requirement, the platform blocked my account directly, leading to my unavailable login. Making tthis exposed, I hope you avoid being cheated.

Exposure

2024-04-16

红雨

Unverified

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

2024-04-16

axim黑平台

Unverified

Hong Kong

It prevents me from depositing money, which causing forced liquidation under a low margin.

Exposure

2024-04-16

29
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Official website

Website

wzg.com.hk
8.218.62.149
wzggroup.com
47.243.109.4
wzg.com
47.242.217.68
wzg2.com
18.140.70.202

Relevant Enterprises

WZ GOLD GROUP COMPANY LIMITED(Hong Kong)
Active
Hong Kong
Registration No. 2536605
Established 2017-05-18
Related sources Website Announcement

Company Summary

WZGReview Summary
Founded2017
Registered Country/RegionHong Kong
RegulationRegulated
Market InstrumentsLondon goldLondon silver
Demo Account
Leverage/
Spread$20 / lot, $100 /lot
Trading PlatformSelf-developed APP SystemMT4
Min Deposit$70
Customer SupportPhone: (+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.

WZG Information

Pros and Cons

Pros Cons
Well regulatedNo account information
Zero commission
No charge
Support MT4

Is WZG Legit?

Regulated RegionRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
Regulated Region
CGSE萬洲金業集團有限公司Type AA License141Regulated
Regulatory license

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.
Account Types
  • Drag the verification slider to complete the puzzle, fill in the obtained SMS verification code, and click Next.
Account Types
  • 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 PlatformSupported Available Devices Suitable for
Self-developed APP SystemMobileAll traders
MT4Desktop, MobileBeginner
MT5
Trading Platform
Trading Platform

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
  • High potential risk

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※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
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