webgalaxy 
1-2 years
Is CGWS licensed or supervised by any authority?
Broker Issues
Regulation
2025-07-24
United States
WikiFX
Reply
CGWS is not licensed or supervised by any regulatory authority, which is a concern for me as a trader. Without regulatory oversight, there is no external body ensuring the safety of my funds or the integrity of their operations. As a result, there are significant risks when trading with CGWS, especially since I cannot rely on the protections that regulated brokers provide. I always look for brokers that are monitored by reputable regulators to ensure a safe trading environment.
Similar Questions
Based on your own experience, what do you see as the three main benefits of choosing HUNGSING?
Allan777 
2025-08-20
Is UYS safe and legit for me?
Thanh Thao 
2025-07-31
What are the key advantages and disadvantages of using FX Connect for trading?
ryad22 
2025-08-11
Does Victory International Futures have any cons?
maseko 
2025-08-02
Does TigerFX have any cons?
J Forex Trader 
2025-05-10