✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company Wavestrader is a safe company or an unreliable company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about Wavestrader and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitewavestrader.io
🏠 Company*It doesn't mention which company it belongs to.
Regulatory Does not mention being regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 AddressIt mentions being located at General-Guisan-Strasse 6, 6303 Zug, Switzerland
Premium Business Center Uptown AG, 5 Floor, Office 46
🕑 Website ageWebsite registered on: 2023-11-06
Company typeCFD and forex broker

Company: ⚠️ Wavestrader does not mention which company it belongs to. Be very careful, we notice a clear lack of transparency

Location: ⚠️The company mentions being located in Switzerland, but we believe this is false information.

We can already tell you that we are concerned about several characteristics of this company.

What is Wavestrader?

After having carried out an analysis of the company's website, we can say that Wavestrader is a: CFD and forex broker.

Account types

types of accountsMINIMUM INITIAL DEPOSIT
Microphone$2,500
Standard$5,000
Advanced$15,000
VIP$50,000
Elite$250,000
Platinium$1,000,000

Information on the web

wavestrader website

Here we show you a screenshot of the Wavestrader website, which is wavestrader.io. The capture was made in June 2024.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following phone number: +41449746765

– We have found the following email: [email protected]

Wavestrader Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think before sending your money, since you would be trusting a company without any type of regulation or protection!

🚫 Wavestrader Final Rating 🚫

As you can see, we have carried out a detailed and complete analysis of the most important features of Wavestrader and we have reached the following conclusions about this company:

Location: The company claims to be located in Switzerland, a place generally considered safe. However, we believe that this information is false and that they are trying to deceive customers.

Regulatory: They do not provide any information about their regulation. This means that we are dealing with an unregulated company, which demonstrates a notable lack of clarity and seriousness.

The company has been reported by several financial regulators, including the CNMV (National Securities Market Commission). Please use EXTREME CAUTION.

This company does not mention which company it is part of, please be careful, there is a clear lack of seriousness and transparency.

Wavestrader presents itself as a CFD and forex broker, claiming to be located in Switzerland, a place generally considered safe. However, we believe that this claim is false and that the company is trying to mislead customers. Furthermore, they do not provide any information about its regulation, which suggests that it is an unregulated entity with a notable lack of clarity and seriousness.

It is crucial to note that Wavestrader has been reported by several financial regulators, including the CNMV (National Securities Market Commission). This lack of regulation and complaints indicate that extreme caution should be used when considering any business relationship with this company. Furthermore, the company does not mention which entity it belongs to, which is very worrying and suggests a clear lack of seriousness and transparency.

🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨

Updates

News about Wavestrader:

Date Update – news
June 2024Complaint against Wavestrader financial regulator CNMV, National Securities Market Commission

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”8921 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Wavestrader.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Wavestrader

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Wavestrader

If you are not satisfied with the service provided by the company and wish to report it, please see the FAQ section below for instructions on how to proceed.

FAQs

Are there (recommended) alternatives to Wavestrader?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Wavestrader?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Wavestrader reliable?

No. Wavestrader is not trustworthy, it is a very unsafe company: the company claims to be located in Switzerland, a place generally considered safe, but we believe that this information is false and that they are trying to deceive customers. They do not provide any information about their regulation, which indicates that we are dealing with an unregulated company with a notable lack of clarity and seriousness. The company has been reported by several financial regulators, including the CNMV, underscoring the need for extreme caution. Furthermore, they do not mention which company they are part of, which demonstrates a clear lack of seriousness and transparency.

How to recover money from Wavestrader?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «Wavestrader: opinion and comments – Is it a scam?»

  1. berth Reply

    This company is a hoax. I'm telling you from my own experience, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Dana, thanks for writing about Wavestrader. Currently, this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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