Money Wave Forex Broker

Money WaveReview Summary Founded2022 Registered Country/RegionUnited Arab Emirates RegulationNo regulation Market InstrumentsCFDs, future stocks, commodities, indices, bonds Demo Account❌ Leverage/ SpreadSpread free Trading PlatformMT5 Min Deposit/ Customer SupportContact form Tel: +971523643266 Email: support@wavemoney.in Regional RestrictionsThe United States, Cuba, Iraq, Myanmar, North Korea, Sudan clients are not allowedMoney Wave Information Money Wave is an unregulated broker, offering trading on CFDs, future stocks, commodities, bonds and indices with free spread on MT5 trading platform.Pros and Cons Pros Cons MT5 platformNo regulation No demo accounts Few contact channelsIs Money Wave Legit? No. Money Wave currently has no valid regulations. Please be aware of the risk!What Can I Trade on Money Wave? Money Wave offers trading on CFDs, future stocks, commodities, bonds and indices. Tradable Instruments Supported CFDs✔ Future Stocks✔ Commodities✔ Bonds✔ Indices ✔ Forex❌ Cryptos❌ ETFs❌Leverage The broker has not clearly provided the leverage it offers. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.Money Wave Fees Money Wave Spreads The broker says that it provides a spread free trading environment.Trading Platform Trading PlatformSupported Available Devices Suitable for MT5✔Mobile and desktopExperienced trader MT4❌/BeginnersDeposit and Withdrawal No minimum deposit or withdrawal amount defined and no fees or charges specified. No information about accounts and payment methods is provided on the website. Please be aware of the risk!