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Money Wave

WikiFX | 2025-05-09 12:15

Abstract:Money Wave is an unregulated broker, offering trading on CFDs, future stocks, commodities, bonds and indices with free spread on MT5 trading platform.

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 allowed

Money 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.

Money Wave Information

Pros and Cons

Pros Cons
MT5 platformNo regulation
No demo accounts
Few contact channels

Is Money Wave Legit?

No. Money Wave currently has no valid regulations. Please be aware of the risk!

Is Money Wave Legit?

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❌
What Can I Trade on Money Wave?
What Can I Trade on Money Wave?

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.

Money Wave Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Mobile and desktopExperienced trader
MT4❌/Beginners
Trading Platform

Deposit 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!

Related broker

No Regulation
Money Wave
Company name:Money Wave Limited
Score
1.93
Website:https://www.wavemoney.in/
2-5 years | Suspicious Regulatory License | MT5 Full License | Regional Brokers
Score
1.93

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