Score
Waves Trade
United Kingdom|2-5 years| https://waves-trade.com
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
waves-trade.com
Server Location
Germany
Website Domain Name
waves-trade.com
Server IP
213.190.6.112
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.
Pros and Cons
| Pros | Cons |
| Multiple Trading Choices | Lack of Regulation |
| Multiple Account Types | No 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 | ❌ |
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.
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.
Customer Service
WAVES-TRADE provides 7/24 online chat, and allows you to contact throughemail and physical address.
| Contact Options | Details |
| Online Chat | 7/24 |
| support@waves-trade.com | |
| Physical Address | 20-22 Wenlock Road, London, England, N1 7GU |
| Supported Language | English |
| Website Language | English |
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.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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