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BULL WAVES Forex Broker keeps up-to-date with the latest trading account information, including ECN, VIP, Classic maximum leverage of 1:500, trading varieties, and more
Rating Index
Pros
Wide range of forex and crypto assets, offering over 200 instruments for diverse trading opportunities.
User-friendly platform, especially with the Metatrader 5 interface, catering to both beginners and experienced traders.
No handling fees for deposits and withdrawals, with quick processing times for transactions.
Cons
Higher trading fees, with spreads and commissions above the industry average, which can reduce overall profitability.
Limited educational resources and research tools, making it challenging for novice traders to develop their skills and strategies.
No guarantee of negative balance protection, potentially exposing traders to significant financial risk in volatile market conditions.
BULL WAVES broker Accounts
ECN
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
5.000$
Minimum Spread
From 0.1
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
All Assets
VIP
Environment
--
Currency
--
Maximum Leverage
1:400
SupportedEA
Minimum Deposit
3.000$
Minimum Spread
From 0.8
Depositing Method
--
Withdrawal Method
--
Minimum position
0.05
Commission
--
Products
All Assets
Classic
Environment
--
Currency
--
Maximum Leverage
1:200
SupportedEA
Minimum Deposit
$250
Minimum Spread
From 1.6
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
All Assets
Bullwaves Account Type
Bullwaves offers three distinct account types tailored to accommodate various trading preferences and experience levels:
- Classic Account
- Minimum Deposit: $250
- Maximum Leverage: 1:200
- Minimum Trade Size: 0.01 lots
- Spreads: Starting from 2.0 pips
- Commission: None
- Stop-Out Level: 50%
- VIP Account
- Minimum Deposit: $10,000
- Maximum Leverage: 1:400
- Minimum Trade Size: 0.05 lots
- Spreads: Starting from 1.5 pips
- Commission: None
- Stop-Out Level: 35%
- Elite Account
- Minimum Deposit: $50,000
- Maximum Leverage: 1:500
- Minimum Trade Size: 0.1 lots
- Spreads: Starting from 1.1 pips
- Commission: None
- Stop-Out Level: 25%
- Visit the Bullwaves Website
- Navigate to the official Bullwaves website: Bullwaves.
- Click on "Sign Up"
- Look for the "Sign Up" button on the homepage to initiate the registration process.
- Fill Out the Registration Form
- Enter your personal details, including your name, email address, and phone number. You will also need to create a password.
- Verify Your Email
- Check your email for a verification link sent by Bullwaves. Click the link to verify your email address.
- Complete Personal Details
- After email verification, you will need to provide additional personal information, such as date of birth and residential address.
- Submit Verification Documents
- Upload the required documents for identity verification, which include:
- Proof of Identity (e.g., passport or government-issued ID)
- Proof of Address (e.g., utility bill or bank statement)
- Complete the Appropriateness Test
- Fill out an appropriateness questionnaire to ensure you understand the risks involved in trading.
- Fund Your Account
- Once your account is verified, you can make a deposit using various payment methods like credit/debit cards, bank wire transfers, or cryptocurrency.
Each account type supports features such as Expert Advisors (EAs), scalping, and hedging, providing flexibility for traders at different levels.
Bullwaves Broker Account Opening Process
Opening an account with Bullwaves is a straightforward process that typically takes just a few minutes. Heres a step-by-step guide:
By following these steps, you can successfully open an account with Bullwaves and start your trading journey.
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BULL WAVES accounts can be viewed for products that can be traded All Assets accounts with a minimum deposit of 5.000$ by (2+) --.