CWGMARKETS malicious restriction account, extortion profit?There are many counterfeit platforms that confuse trading entities!
CWGMARKETS is an online trading provider of global financial products. It is said that it has been in the industry for nearly 10 years. The main function is to provide traders with financial derivatives such as foreign exchange, stocks, precious metals, indexes, and futures.
However, its reputation does not seem to be very good!In the near future, there were two prosecutions about CWGMarkets. Detectives thought it was necessary to say it!
Related guest complaint
Both of the two prosecutors point to the same problem -CWGMARKETS deducts investor profits for various reasons!At the same time, the investor account is limited!
Visestion 1:
One of the investments was limited to the transaction in the name of "malicious speed to open positions, swiping orders", and was asked to abandon order profits to restore account permissions!At the same time, the so -called related terms and basis are attached!
But it is ridiculous that the relevant regulations were not found in the "website terms and conditions" and "order execution policy" on the official website of CWGMARKETS!You need to know where, regulators require brokers to clearly give all transaction investment rules. Since CWGMARKETS has not been publicized or disclosed, then the cause should be done by default!
Visestion 2:
Coincidentally, another voly voic complaint is extremely similar!
What is outrageous is that the reason is "interval band transactions and hedging"?It also said that this transaction behavior was banned!Isn't this a common trading strategy in the financial market?So what is the "explicit ban" of CWGMARKETS?
It will not be the terms of "reserving the right to change the terms and conditions at any time" that you write at the same time "no notice" at the same time!This type of clause is obviously the same as the legal consensus of the world's financial supervision, and it does not have the legal effect of overlord clauses!
And according to the supervision of the CWGMARKETS on the Ming Dynasty, neither British FCA and Vanuatu VFSC have clearly prohibited interval band transactions or hedging transactions. If so!Please get evidence to hit the face of the detective!
At the same time, in the letter of CWGMARKETs, there was a "word that required confirmation to deduct profit before unblocking the account", then the detective would want to ask!Is this threatening to ransom investors?
False official website
In addition, the detective also found an extremely serious hidden danger!CWGMARKETS has a lot of counterfeit websites, and at the same time, it is full of various counterfeit trading platforms and trading products, and there are not a few investors that are harmed!
This also makes the detective confused when searching for CWGMARKETS related information!Finally, through its British FCA license information, it locked the exact website of its British company:
www.cwgmarkets.co.uk
At the same time, it locks its official website: https://wwwjcwgmarkets.com
The above information is the official CWGMarkets official channel of the detective hammer, but CWG may have other channels!If some investors find that their own channels are different from the detectives, they can verify through the above channel information.
Regulatory information
When it comes to its British FCA license, let's take a look at the regulatory information held by CWGMarkets!Given that there are so many counterfeit websites, the screenshot is from the official website of its group: "https://wwwjcwgmarkets.com".
British FCA license
Among them, the entity holding the British FCA license is CWGMARKETSLTD, which has the permissions of the service retail end, and the market scope of the operating can be relatively rich.However, the British FCA also gave a prompt to warn that CWGMarkets has multiple counterfeit companies and is listed, and asked investors to knock on the alarm!This also confirms the concerns of the detective again!
Vanuatu VFSC
As another license held on the bright side of CWGMARKETS, the license plate of Vanuatu VFSC seems not so "valuable"!
However, this entity named CWGMARKETSLTD does hold the Vanuatu VFSC license.Even if it is a offshore supervision, there will be such supervision issues!But it is impossible to deny that this is an effective supervision of legal compliance!
Trading platform and St. Vincent Company
After speaking, take a look at the trading platform used by CWGMARKET!Judging from the information verified by Divine Detective, it currently only uses a MT5 platform for transactions.Some routine inspections, unexpectedly found Xingua again!
The two trading entities related to CWGMarkets found on the MT5 platform. One is "British CWGMARKETSLTD" and the other is not "CWGMARKETSLTD"!It is another "CWGMARKETSLTD" from San Vincent!
However, other information cannot be paired with other information!So that the detective cannot hammer whether it is a certain branch or another false entity under the CWGMARKETS!
But it is surprising that the entity still holds the regulatory license of San Vincent FSA!But still can't escape the disadvantages of this license without regulating foreign exchange, binary options and virtual assets!
Based on the above point of view, the detective believes that the physical transaction of "CWGMARKETSLTD of Saint Vincent" is a wise choice!
In addition, the careful investors must find that the entities used by CWGMarkets for transactions are the name "CWGMARKETSLTD"!You must know that the physical names that brokers are generally used in the exhibition industry only retain the "certain characteristics" of the group name!And CWGMARKETS's measures are hard to not suspect that its motivation to confuse the trading entity!
Detective special reminder, pay attention to the flow of funds when trading through CWGMARKETS!In order to prevent unnecessary risks and troubles!The above is the sharing of the detective today, thank you for your attention!
I would like to remind investors that investors need to be cautious, please brighten your eyes!Intersection
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