Forex Brokers

Next Waveservs

★☆☆☆☆ 1.4 (10 reviews)
🇳🇿 New Zealand
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1.4
★☆☆☆☆
10 reviews
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About Next Waveservs

Next Waveservs has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

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Customer Reviews

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★☆☆☆☆

Scam alert - They took my money

F
Frank T.
8 months ago

I was contacted by Next Waveservs through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Initially responsive customer service

Cons: No regulatory oversight|Money disappeared|Fake testimonials

★☆☆☆☆

Pressure to deposit more

C
Chloe Z.
9 months ago

I closed a profitable position at Next Waveservs 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: Market news feed|Full transparency|Two-factor authentication

Cons: Live chat only during business hours|No fractional shares

★☆☆☆☆

Payout delayed for 60 days

P
Peter B.
9 months ago

I found Next Waveservs through word of mouth in my investment club and the initial impression was positive. But for the past year and a half later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Two-factor authentication|Copy trading available|Dedicated account manager

Cons: Live chat only during business hours|Slow to add new assets

★★☆☆☆

Completely let down by Next Waveservs

G
Gabrielle N.
11 months ago

Next Waveservs 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: Excellent charting|Regular platform improvements

Cons: Minimum deposit could be lower|No integrated tax optimization

★☆☆☆☆

Proceed with extreme caution

A
Anna J.
11 months ago

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

Cons: Not registered with regulators|Unrealistic promises

★★☆☆☆

Chrome extension broken

P
Patrick Z.
1 years ago

The spread at Next Waveservs is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a trusted YouTuber reviewed them and initially thought the platform was good - until I started trading seriously.

Pros: Fast support response|Fast deposits|Easy withdrawals

Cons: None so far|No live chat on mobile

★☆☆☆☆

The epitome of bad service

P
Patrick B.
1 years ago

Customer support at Next Waveservs seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.

Pros: No hidden fees|Full transparency

Cons: Nothing significant

★★☆☆☆

Regulatory warning exists for this firm

R
Rachel A.
1 years ago

I looked into Next Waveservs and found they appear in the regulatory warnings database. Financial Markets Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

★☆☆☆☆

Swap rates are predatory

J
Jessica A.
1 years ago

My withdrawal request from Next Waveservs 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: Helpful community forum|Dedicated account manager|Competitive fees|Transparent fees

Cons: No phone support on weekends

★★☆☆☆

Where do I even begin

J
Jessica A.
1 years ago

Next Waveservs offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Fast support response|Portfolio tracking tools|Clean UI|Good analytical tools

Cons: Live chat only during business hours