Is GWG a scam? https://www.gwglobalfx.com/

Could you please check if GWG is a trustworthy brokerage to deal with? Someone recommended me to invest in it.

GWG (Cyprus) Ltd which owns https://www.gwglobalfx.com/ is a Cyprus Investment Firm authorised and regulated by the Cyprus Securities Exchange Commission (CySEC) under the license Number 291/16. We have checked the information provided on the broker's website and it looks legitimate, since the broker's information about regulation can be found in the register of CySEC.

According to its CySEC-regulation, GWG is required to follow a series of rigorous rules and obligations, therefore operating in a relatively credible and transparent way with a secure trading environment. Hence, GWG is considered to be a reliable broker by comparison with unregulated and weak-regulated brokers.