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Waves Trade

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://waves-trade.com

Website

Rating Index

Contact

support@waves-trade.com
https://waves-trade.com
20-22 Wenlock Road, London, England, N1 7GU

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

Other ways of contact

Broker Information

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Company Name

Waves Trade LTD

Abbreviation

Waves Trade

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Waves Trade · WikiFX Survey

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Waves Trade · Company Summary

Registered in the United Kingdom, WAVES-TRADE is a financial broker, offering over 40,000 trading tools with maximum leverage set at 1:500 and a commission starting from 0.08%. However, WAVES-TRADE is not regulated by any legal authorities.

WAVES-TRADE's homepage

Pros and Cons

Pros Cons
Multiple Trading ChoicesLack of Regulation
Multiple Account TypesNo Demo Accounts
Limited Contact Channels

Is WAVES-TRADE Legit?

Given that WAVES-TRADE operates without a legal regulatory license, it is advisable to opt for a broker that is legally regulated and avoid such unregulated entities.

What Can I Trade on WAVES-TRADE?

WAVES-TRADE offers more than 40,000 kinds of trading tools, including forex pairs, shares, and cryptocurrency.

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Stock
Mutual Funds
Bonds
What Can I Trade on WAVES-TRADE?

Account Type & Leverage

WAVES-TRADE provides four account types: Standard, Business, Professional, and VIP with the minimum deposits of $50, $500, $1,500, $5,000 respectively. Leverage is capped at 1:500.

Account comparison
Account comparison

WAVES-TRADE Fees

WAVES-TRADE only states that its commission starts from 0.08%, with no detailed fee structure information available on its website. This lack of transparency is considered as a risky signal, as scam broker often refrain from disclosing comprehensive fee information.

Trading conditions

Customer Service

WAVES-TRADE provides 7/24 online chat, and allows you to contact throughemail and physical address.

Contact Options Details
Online Chat7/24
Emailsupport@waves-trade.com
Physical Address20-22 Wenlock Road, London, England, N1 7GU
Supported Language English
Website Language English
Contact info

FAQs

Is it safe to trade with WAVES-TRADE?

No, trading with WAVES-TRADE is unsafe given the lack of legal regulation.

What is the maximum leverage offered by WAVES-TRADE?

The maximum leverage is 1:500.

What is the minimum deposit required by WAVES-TRADE?

The minimum deposit is $50.

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