Global Broker Regulation Inquiry App
WikiFX
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.
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