WavefxCapital-Some Important Details about This Broker

WikiFX | 2022-10-20 13:40

Abstract：WavefxCapital claims that it is a forex broker registered in the United Kingdom, providing a series of trading instruments. With the WavefxCapital platform, there are four types of trading accounts are available, Mini, Standard, Executive and VIP, with the minimum deposit to trade with this broker starting at $350. As the official website of this broker cannot be accessed for moment. There is no information mentioned about who runs it and this broker does not hold any regulatory authority to show it operates legally.

Since WavefxCapital' s official website (https://wavefxcapital.com/) cannot be opened for now, we could only piece together the rough picture of this broker by gathering some relevant information from other websites.

General Information

WavefxCapital claims that it is a forex broker registered in the United Kingdom, providing a series of trading instruments. With the WavefxCapital platform, there are four types of trading accounts are available, Mini, Standard, Executive and VIP, with the minimum deposit to trade with this broker starting at $350. As the official website of this broker cannot be accessed for moment,

There is no information mentioned about who runs it and this broker does not hold any regulatory authority to show it operates legally.

Account Types

There are four types of trading accounts are on offer: Mini, Standard, Executive, and VIP. The minimum deposit for each account on this platform sounds high, with the Mini account from $350, the Standard account from $1,000, the Executive account from $2,500 and the VIP account from $5,000.

Trading with an unregulated forex broker asking for so high deposits is taking a huge risk of losing your money. Please be aware of the risk.

Leverage

Trading leverage information cannot be found anywhere. Since leverage can magnify gains, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose a safe ratio until they gain more trading experience.

Trading Platform

What WavefxCapital provides is not the industry-leading MT4 or MT5 trading platform. Please be aware of the risk.

Customer Support

As an unregulated broker, WavefxCapital provides the poor customer support, and clients can only get in touch with them through an email it gives: support@WavefxCapital.com.

Registered Company Address: 1 Bedford St, Belfast BT2 7ES, United Kingdom.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Forex trading Forex Broker

Related broker

No Regulation

WavefxCapital

Company name：WavefxCapital

Score

1.44

Website：https://wavefxcapital.com/index.php

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.44

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