Forex Brokers

Alphawave Capitals

1.4 (13 reviews)
🇬🇧 United Kingdom
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1.4
13 reviews
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About Alphawave Capitals

Alphawave Capitals 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.

Customer Reviews

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My biggest financial mistake

S
Seth S.
2 weeks ago

Opened my account with Alphawave Capitals after a friend recommended them and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Comprehensive tools|Low minimum deposit|Smooth onboarding

Cons: Could offer more webinars

Where do I even begin

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Frank W.
3 weeks ago

After for about five months with Alphawave Capitals I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.

Pros: Regular updates|Excellent charting|Good mobile app

Cons: Cannot customize dashboard fully

Beware of hidden costs

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John Z.
3 weeks ago

The so-called education at Alphawave Capitals is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for the past year and a half thinking they would help me learn.

Pros: Helpful community forum|Instant funding|High security standards|Stable platform

Cons: Research section could be deeper

They do not care about customers

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Susan Z.
1 months ago

Alphawave Capitals advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Good analytical tools|Fast support response

Cons: No phone support on weekends

They blocked me after I invested

A
Alice D.
1 months ago

I invested $10,000 with Alphawave Capitals after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Conduct Authority.

Pros: Initially responsive customer service

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

Scam vibes from the start

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Rachel Y.
3 months ago

My withdrawal from Alphawave Capitals was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about five months of being strung along.

Pros: Intuitive for beginners|Multi-currency support|High security standards|Tax reports included

Cons: Mobile app could be improved|Slow to add new assets

Do your due diligence first

H
Hannah P.
7 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Checked with regulators - they're not licensed

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Brian K.
7 months ago

I was about to invest with Alphawave Capitals but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Not even close to acceptable

M
Michael R.
8 months ago

I signed up with Alphawave Capitals after attending a webinar they hosted and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Easy withdrawals|Stable platform

Cons: Limited cryptocurrency options

No risk warnings whatsoever

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Charles P.
8 months ago

I referred a friend to Alphawave Capitals after reading several online reviews. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Transparent fees|Multi-device support

Cons: Limited cryptocurrency options|Could offer more webinars