WAVES-TRADE Forex Broker

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 ChoicesLack of Regulation Multiple Account TypesNo Demo Accounts Limited Contact ChannelsIs 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 Chat7/24 Emailsupport@waves-trade.com Physical Address20-22 Wenlock Road, London, England, N1 7GU Supported Language English Website Language EnglishFAQs 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.