No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

DREWAG

Germany | 5-10 years |

Suspicious Regulatory License | High potential risk

https://www.drewag.de/wps/portal/drewag/cms

Website

Time Machine

Rating Index

Influence

Influence Index NO.1

Germany 5.46

Surpassed 15.70% brokers

Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+49 0351 860-4444

https://www.drewag.de/wps/portal/drewag/cms

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-04-14

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Germany

Operating Period

5-10 years

Company Name

DREWAG

Contact Number

+4903518604444

Company Website

https://www.drewag.de/wps/portal/drewag/cms

Facebook

https://www.facebook.com/pages/DREWAG-Stadtwerke-Dresden-GmbH/151010628258308

Trading Strategy

Business Region

Verified Site

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Details

Official Website

Search Sources

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Market Analysis

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Verified Site

drewag.de
62.26.30.100
Server Location
Germany
ICP Registration No.
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DREWAG

Related Companies

DREWAG LIMITED(United Kingdom)

Deregistered

United Kingdom

Registration No.08385095

Est. Date2019-01-24

SourceWebsite Announcement

Employees

STEPHEN PAUL WAGGITT

United Kingdom

Director

Appointment Date

2014-03-07

Status

Employed

DREWAG LIMITED(United Kingdom)

Review summary

DREWAG is a forex broker that has been in operation for an estimated 5-10 years and is registered in Germany. According to WikiFX data, it holds no valid authoritative licenses for forex trading and lacks credible regulatory oversight. The broker's overall WikiFX Score of 1.57 reflects significant operational concerns. This profile indicates a high-risk entity unsuitable for traders seeking a secure and regulated trading environment. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-08)

Company Profile

5-10 years
Suspicious Regulatory License
High potential risk

Wiki Q&A

Is DREWAG safe and reliable?

Based on WikiFX's assessment, DREWAG is not considered a safe or reliable choice for traders. It holds no valid authoritative licenses for forex trading and operates without credible regulatory oversight. The broker's overall WikiFX Score is 1.57, which indicates significant operational concerns and a high-risk profile.

In a week

United States

Is DREWAG regulated?

DREWAG is not regulated. According to WikiFX data, it holds no valid licenses from recognized financial authorities for its forex and CFD trading services. The broker is registered in Germany but lacks the necessary regulatory authorization, placing it in an unregulated category.

In a week

United States

What is the minimum deposit of DREWAG?

Specific information regarding DREWAG's minimum deposit requirement is not publicly available. WikiFX data does not list this detail for this broker.

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United States

Does DREWAG support MT4 or MT5?

Information about the trading platforms supported by DREWAG, including MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not currently specified in available data.

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United States

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