Note: Regrettably, the official website of WAVE Capital, namely https://www.wavecapitalltd.com/en, is currently experiencing functionality issues.
General Information
What is WAVECapital Trade？
WAVE Capital operates as a versatile trading platform, offering a range of financial instruments including Forex, precious metals, and commodities. Attracting a diverse clientele, Golden Group aims to provide traders with the opportunity to engage in various markets, despite its status as an unregulated entity.
The platform is accessible through direct contact via support@wavecapitalltd.com, providing a personal touch to customer service and support.
Pros & Cons
Cons of WAVE Capital:
Unauthorized Regulation: The platform is noted to be unauthorized by the NFA (National Futures Association), which may raise concerns about its legitimacy and the security of the funds and personal information of its users.
Limited Information Available: The lack of detailed information about the market instruments offered, trading conditions such as leverage and spreads, and the absence of a demo account can make it difficult for potential users to evaluate the platform's suitability for their trading needs.
Website Functionality Issues: The official website experiencing functionality issues can be a significant drawback, as it may hinder access to critical information about the platform, its features, and services, potentially affecting user experience and trust.
Lack of Transparency: The absence of clear information about the trading platforms used, minimum deposit requirements, and customer support details (beyond an email address) can indicate a lack of transparency, which is crucial for building trust with potential and current users.
Unregulated Entity: Operating as an unregulated entity might limit the platform's ability to offer certain financial services and instruments, and it might also mean that users have fewer protections and recourses in case of disputes or issues with the platform.
Is WAVECapital Safe or a Scam？
WAVE Capital appears to be an unregulated trading platform. It operates without authorization from the National Futures Association (NFA) in the United States, as indicated by its current unauthorized status despite having a license number (0559889) for a Common Financial Service License.
This unauthorized status raises concerns about its compliance with regulatory standards and the protection it offers to its users.
Customer Service
Customers can get in touch with customer service lines using the information provided below:
Emal:support@wavecapitalltd.com
Conclusion
WAVE Capital is an unregulated trading platform that operates without authorization from the National Futures Association (NFA) in the United States.
Despite offering a range of financial instruments including Forex, precious metals, and commodities, the lack of regulatory oversight raises significant concerns regarding its legitimacy, the security of client funds, and the overall safety of trading on the platform.
Risk Warning
Please be advised that WAVE Capital operates without authorization from the National Futures Association (NFA) in the United States and does not hold a valid regulatory license.
Engaging in financial activities with an unregulated platform carries significant risks, including the lack of protection for your investments, potential exposure to fraudulent practices, and absence of recourse in the event of disputes.
Investors are urged to exercise caution and thoroughly consider the risks associated with using unregulated financial services before proceeding.
