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No Regulation
Score
1.28 /10
Danger
Prime Wave Trading
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index5.25
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2025-08-26
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Prime Wave Trading Review Summary | |
| Founded | 2023 |
| Registered Country/Region | United Kingdom |
| Regulation | No regulation |
| Market Instruments | Forex, Cryptocurrencies, Stocks, Futures, Bonds, Commodities |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | WebTrader |
| Minimum Deposit | $100 |
| Customer Support | Phone: +1(475) 219-0744 |
| Email: primewavetradings@gmail.com | |
| Address: Company house crown way Cardiff, CF14 3UZ, DX33050 Cardiff, United Kingdom | |
Prime 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
| Pros | Cons |
| Supports multiple asset classes | No regulated |
| Accepts popular cryptocurrencies | No demo or Islamic account |
| Four investment plans | Only short-term (3-day) contract plans |
Is 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 Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Desktop, Web, Mobile | / |
| MetaTrader 4 (MT4) | ❌ | / | Beginners |
| MetaTrader 5 (MT5) | ❌ | / | Experienced traders |
Deposit 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.
| Method | Deposit | Withdrawal |
| Bitcoin | ✔ | ✔ |
| Ethereum | ✔ | ✔ |
| Bitcoin Cash | ✔ | ✔ |
| Dogecoin | ✔ | ✔ |
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