Capital Wave 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: [email protected].
After using Capital Wave for the past year and a half, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Low minimum deposit|Competitive fees|Easy withdrawals|Clear documentation
Cons: Slow to add new assets
Do not use Capital Wave for anything serious. I used them for nearly two years for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Regular platform improvements|Good mobile app|Comprehensive tools|Excellent charting
Cons: Could offer more webinars|Minimum deposit could be lower
The reporting at Capital Wave is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Low minimum deposit|Smooth onboarding|Quick verification|Demo account available
Cons: Nothing significant|Help articles are sometimes vague
My withdrawal request from Capital Wave has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Professional team|Stable platform
Cons: Withdrawal takes 1-2 business days
The mobile app from Capital Wave is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Excellent charting|Market news feed|Clear documentation
Cons: Help articles are sometimes vague|No dark mode on mobile