Brokers  /  Twg

Twg

Severe risk
🇦🇺 Australia · 5-10 years · since 2018-05-03 · Twg services limited
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
Visit site ↗
Independent ratingshow third parties score this broker
WikiFX1.61/10
Trustpilot/5
Forex Peace Army/5
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No sign that Twg actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~100% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints1812%
Offshore registration108%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameTwg services limited
Headquarters🇦🇺 Australia
Founded2018-05-03
Years operating5-10 years
Employees0
Official websitetwg-fx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
Emerald Buildings Westmere Drive Crewe Cheshire CW1 6UNC W 1 6 U N UNITED KINGDOM

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Twg presents a severe risk due to its lack of regulation, missing official website, and inconsistent registration details. FXCanary strongly advises against any engagement with this entity until more credible evidence of its legitimacy emerges.

Not for
  • Traders seeking regulated brokers
  • Anyone requiring transparent company information
Period:
What users complain about
Where reviewers are from
Hong Kong1

Real user reviews

Where Twg operates

Based on its licenses and complaint records.

🇭🇰 Hong Kong 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About Twg

Overview

Twg is an entity registered in Australia as of 3 May 2018, according to official records. However, the registered address provided is in Crewe, Cheshire, United Kingdom, raising questions about its operational base. As of the latest assessment, Twg does not hold any regulatory licenses from known financial authorities.

No official website or clear public presence could be identified for Twg. This absence of accessible information makes it difficult to ascertain the firm's intended services, target audience, or operational status. Potential traders should approach such opaque entities with caution.

Regulation and Oversight

FXCanary's records show no regulatory licenses on file for Twg. This means the entity is not overseen by any major financial regulator, such as the Australian Securities and Investments Commission (ASIC) or the UK Financial Conduct Authority (FCA), despite its listed Australian registration and UK address.

Without regulatory oversight, there is no independent verification of the firm's practices, fund segregation, or complaint-resolution mechanisms. This significantly increases the risk profile for any potential client considering engagement with Twg.

Risk Assessment

FXCanary has assigned Twg a Scam Risk Score of 75 out of 100, categorised as 'Severe'. This high score reflects the combination of an unregistered or non-existent online presence, lack of regulation, and a confusing geographic footprint between Australia and the UK.

The severe risk rating indicates a substantial likelihood that the firm may engage in misleading or harmful practices. Traders are strongly advised to avoid providing personal information or funds to Twg until a verifiable and regulated status is established.

Overview compiled by FXCanary from regulatory records and public data. full Twg review