webgalaxy 
1-2 years
Is CGWS licensed or supervised by any authority?
Broker Issues
Regulation
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
Are there any risks associated with trading with Zheshang International?
Nagarjuna 
06-27
Is VTradeFX a regulated broker?
Hhduy 
08-03
What are the pros of Webfox?
DoreenVanDenHeever 
07-27
What are the pros and cons of Grand Markets?
Abu00saeed 
06-14
What are the potential drawbacks of Zhongtai International?
Sam35 
07-28