Brokers  /  TWGM

TWGM

Severe risk
🇨🇳 China · 5-10 years · since 2021-06-23 · TWGM.
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
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Independent ratingshow third parties score this broker
WikiFX1.51/10
Trustpilot/5
Forex Peace Army/5
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No sign that TWGM 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.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • 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 & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)10010%

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 nameTWGM.
Headquarters🇨🇳 China
Founded2021-06-23
Years operating5-10 years
Employees0
Official websitegui005.dgm168.net
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

TWGM presents an extremely high risk due to being unregulated and having a severe scam risk score. With no publicly available information or user reviews, it is impossible to verify its claims or operational integrity. Traders should avoid this broker entirely.

0
Period:

Real user reviews

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About TWGM

About TWGM

TWGM, operating under the domain dgm168.net, is a financial entity registered in China, founded on 23 June 2021. However, due to the absence of independent information from web searches, very little is known about its specific services or operations.

According to our records, TWGM does not hold any regulatory licences from recognised financial authorities. This lack of oversight, combined with the limited public data, makes it difficult to assess its legitimacy or the safety of its offerings. Traders are advised to exercise extreme caution when considering any engagement with this entity.

Regulation and Safety

Our review found that TWGM has no registered regulators on file. In an industry where regulatory oversight is critical for investor protection, this absence is a significant red flag.

Unregulated brokers are not subject to mandatory audits, segregation of client funds, or dispute resolution mechanisms, which increases the risk of financial loss. The FXCanary Scam Risk Score of 85/100 (Severe) further underscores the high risk associated with this broker.

Conclusion

Given the severe scam risk score and the total lack of independent verification, FXCanary cannot recommend TWGM to traders. The information available is insufficient to establish any legitimate operations.

For safe trading, always choose brokers regulated by top-tier authorities such as the FCA, ASIC, or CySEC. We will update this profile if credible information becomes available.

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