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Rating Index

Pros

No legitimate pros have been identified for Trading Wave, as it has been widely reported as a fraudulent platform without regulatory oversight.

Cons

Trading Wave is unregulated, posing significant risks to investors due to the lack of legal protections for their funds.

The Belgian FSMA has included Trading Wave on its warning list as a fraudulent trading platform, advising investors to avoid it.

Users have reported issues with withdrawing funds, indicating potential scams and financial mismanagement.

Trading-Wave broker Accounts

Eightcap Account Type

Eightcap offers three types of trading accounts: Raw Account, Standard Account, and TradingView Account. Each account type is designed to cater to different trading preferences and strategies.

Raw Account

Spreads: From 0.0 pips
Commission: $3.5 AUD, USD, NZD, SGD, CAD | £2.25 GBP | €2.75 EUR per standard lot traded
Minimum Deposit: $100
Minimum Trade Size: 0.01 lots
Compatible with EAs: Yes

Standard Account

Spreads: From 1.0 pips
Commission: No commission (shares include commission)
Minimum Deposit: $100
Minimum Trade Size: 0.01 lots
Compatible with EAs: Yes

TradingView Account

Spreads: From 1.0 pips
Commission: No commission (shares include commission)
Minimum Deposit: $100
Minimum Trade Size: 0.01 lots
Compatible with EAs: Yes

Eightcap Broker Account Opening Process

To open an account with Eightcap, follow these steps:

Visit the Eightcap Website: Go to Eightcap's official website.
Choose Account Type: Select the account type that best suits your trading needs (Raw, Standard, or TradingView).
Complete Registration: Click on the sign-up button and fill in the required information, including your name, email, and phone number.
Verify Your Identity: Provide necessary documents for identity verification as per regulatory requirements.
Fund Your Account: Make a minimum deposit of $100 to start trading.
Start Trading: Once your account is verified and funded, you can begin trading using your chosen account type.