Cryptocurrency Exchanges

ALGO WAVE FX LTD

1.7 (15 reviews)
🇬🇧 United Kingdom
Visit Website
1.7
15 reviews
5
0
4
0
3
0
2
10
1
5

About ALGO WAVE FX LTD

ALGO WAVE FX LTD has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.algowavefx.live.

Customer Reviews

Write a Review

Stay far away from this company

J
John H.
5 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that ALGO WAVE FX LTD is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Affiliate program does not pay

C
Caleb W.
5 months ago

ALGO WAVE FX LTD has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Smooth onboarding|Portfolio tracking tools

Cons: Search feature is basic|Website design could be more modern

Rip-off dressed as a service

A
Aiden D.
7 months ago

ALGO WAVE FX LTD had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Educational resources|Two-factor authentication

Cons: Help articles are sometimes vague

Warning to all investors

B
Brian B.
8 months ago

I want to warn everyone about ALGO WAVE FX LTD. They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Pros: Initially responsive customer service

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

Slippage always against the client

L
Lisa Z.
12 months ago

I closed a profitable position at ALGO WAVE FX LTD and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Easy withdrawals|Fast deposits|Fast execution|Real-time alerts

Cons: Desktop app not available on Linux|Wait times can be long during peak hours