Prime Wave Trading Forex Broker

Prime Wave Trading Review Summary Founded2023 Registered Country/RegionUnited Kingdom RegulationNo regulation Market InstrumentsForex, Cryptocurrencies, Stocks, Futures, Bonds, Commodities Demo Account/ Leverage/ Spread/ Trading PlatformWebTrader Minimum Deposit$100 Customer SupportPhone: +1(475) 219-0744 Email: primewavetradings@gmail.com Address: Company house crown way Cardiff, CF14 3UZ, DX33050 Cardiff, United KingdomPrime Wave Trading Information The UK-based company Prime Wave Trading was set up in 2023, but it is not overseen by any official financial body. It offers short-term trading plans with crypto payouts, supports various assets including forex, stocks, and commodities, and accepts only cryptocurrency for deposits and withdrawals.Pros and Cons ProsCons Supports multiple asset classesNo regulated Accepts popular cryptocurrenciesNo demo or Islamic account Four investment plansOnly short-term (3-day) contract plansIs Prime Wave Trading Legit? Prime Wave Trading is registered in the UK but not regulated by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), or Cyprus Securities and Exchange Commission (CySEC). According to WHOIS domain registration records, the domain primewavetrading.com was registered on August 26, 2023 and is currently active.What Can I Trade on Prime Wave Trading? Prime Wave Trading provides a wide range of tradable assets, enabling clients to participate in numerous worldwide marketplaces. These include currency, cryptocurrencies, equities, futures, bonds, and commodities. Tradable Instruments Supported Forex✔ Cryptocurrencies✔ Stocks✔ Futures✔ Bonds✔ Commodities✔ ETFs❌ Options❌ Futures❌Investment Plan Prime Wave Trading provides four types of trading plans: trial, promo, expert, and gold. Each plan provides increasingly bigger returns and needs a larger minimum deposit. All plans appear to be short-term (3-day contracts) with automatic Bitcoin payouts. There is no mention of demo account or an Islamic account (swap-free).Trading Platform Trading PlatformSupportedAvailable DevicesSuitable for WebTrader✔Desktop, Web, Mobile/ MetaTrader 4 (MT4)❌/Beginners MetaTrader 5 (MT5)❌/Experienced tradersDeposit and Withdrawal Prime Wave Trading accepts cryptocurrency payments including Bitcoin, Ethereum, Bitcoin Cash, and Dogecoin. You can only deposit $100 and take out $10. There are no fees listed. MethodDepositWithdrawal Bitcoin✔✔ Ethereum✔✔ Bitcoin Cash✔✔ Dogecoin✔✔