Score
Hong Kong
|
2-5 years
| https://en.wzg.com
Website
Rating Index
Influence
B
Influence index NO.1
China 5.19
LicensesLicensed Entity：萬洲金業集團有限公司
License No. 141
Single Core
1G
40G
1M*ADSL
Hong Kong
wzg.com.hk wzggroup.com wzg.com
wzg2.com
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| 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 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 | Cons |
| Well regulated | No account information |
| Zero commission | |
| No charge | |
| Support MT4 |
| 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 |
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 | ❌ |
WZG didn't provide specific account information.
The WZG account opening process is as follows:
London gold spread is $20 / lot, 0 commission; London Silver spread is $100 /lot, 0 commission.
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 | ❌ |
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.
No, WZG operates on a 0-commission model. Traders only pay the spread on each lot, which is clearly stated as $20 for gold and $100 for silver. This setup simplifies cost calculations for both new and experienced traders.
According to WZG, deposits and withdrawals are free of charge. They offer around-the-clock processing with no imposed service windows, although bank remittance providers might impose external fees beyond WZG’s control.
WZG charges a fixed spread of $20 per lot for London Gold and $100 per lot for London Silver. There are no additional commissions, making it appealing for traders seeking a simplified fee model. Other cost structures, such as overnight swap fees or inactivity charges, are not disclosed on their website.
Yes, WZG provides a demo account for new users to practice trading strategies and familiarize themselves with the platform's functionality without risking real funds.
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靠谱3152
China
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
FX1617110504
China
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
FX1617110504
China
Deposit processing is slow, customer service keeps saying it's being handled, the platform is deliberately stalling for time,
Exposure
FX1248674612
China
Tested, withdrawals are functioning normally, and funds will arrive on the same day.
Positive
FX1617110504
China
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
奔跑的小鹿
China
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
FX2408897747
China
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
鲸
China
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
鲸
China
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
鲸
China
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
鲸
China
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
阿斯顿辉
China
My stop-loss point was set at gold price 1763, with the high at 1762.93, which ended up wiping out my position.
Exposure
鲸
China
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
FX3398076807
China
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
FX1204153229
China
Freeze my account balance, $60,172.93 since March 4, 2020. And teh customer service didn't help me
Exposure
眉眼如画
China
Wanzhou Gold is a fraud broker. Do not be cheated.
Exposure
Lucky72631
China
Unable to withdraw. I filled in my bank card number correctly but they said that my bank card number info was wrong.
Exposure
心如止水 林
China
At first, they told me that their system need to be upgraded. And then, the yjust disappeared.
Exposure
相林
China
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
FX3255865944
China
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
海纳百川42543
China
Financial fraud. The software slags. Invest by borrowing and make a huge loss. Induce you to deposit.
Exposure
神经蛙58249
China
The software always lags so that I can’t operate after the American market opens.
Exposure
一醉方休
China
I traded last night but the price didn’t exist.
Exposure