Waveprotrades.com 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.waveprotrades.com.
Where do I even begin with Waveprotrades.com? for about ten months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Social trading features|Personal attention|Automated trading options|Great customer service
Cons: No crypto staking|Would like more payment methods
Waveprotrades.com has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: High security standards|Social trading features
Cons: Wish they had more educational resources
Several red flags with Waveprotrades.com: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Not registered with regulators|Unrealistic promises
Waveprotrades.com locked my account without warning and demanded documents I had already submitted. for close to eighteen months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Clean UI|Dividend tracking|Helpful community forum|Excellent charting
Cons: Currency conversion fee exists|No live chat on mobile
Tried to withdraw my funds from Waveprotrades.com and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I trusted Waveprotrades.com with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Detailed reporting|No hidden fees|Educational resources
Cons: Help articles are sometimes vague
My card was charged twice by Waveprotrades.com on the same day. I had to dispute it with my bank. Waveprotrades.com then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Good analytical tools|Fast execution|Risk management tools|Clean UI
Cons: Email notifications too frequent|Currency conversion fee exists
The so-called education at Waveprotrades.com 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 about five months thinking they would help me learn.
Pros: Fast execution|Transparent fees|Wide product range
Cons: Cannot customize dashboard fully