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Home -
Broker -
Money Wave -

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Money Wave

United Arab Emirates | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.wavemoney.in/

Website
Open Account Time Machine

Rating Index

Influence

Influence

D

Influence index NO.1

Brazil 2.56
Surpassed 13.90% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+971 523643266
support@wavemoney.in
https://www.wavemoney.in/
Office No 44-15 Aspin Commercial tower Sheikh Zayed Road Dubai

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-09-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Arab Emirates
Operating Period
2-5 years
Company Name
Money Wave Limited
Customer Service Email Address
support@wavemoney.in
Contact Number
+971523643266
Company Website
https://www.wavemoney.in/
Biz Area
Website
Company Summary
Wiki Q&A
Comment

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Website

wavemoney.in
68.178.220.250
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
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Company Summary

Money WaveReview Summary
Founded2022
Registered Country/RegionUnited Arab Emirates
RegulationNo regulation
Market InstrumentsCFDs, future stocks, commodities, indices, bonds
Demo Account❌
Leverage/
SpreadSpread free
Trading PlatformMT5
Min Deposit/
Customer SupportContact form
Tel: +971523643266
Email: support@wavemoney.in
Regional RestrictionsThe United States, Cuba, Iraq, Myanmar, North Korea, Sudan clients are not allowed

Money Wave Information

Money Wave is an unregulated broker, offering trading on CFDs, future stocks, commodities, bonds and indices with free spread on MT5 trading platform.

Money Wave Information

Pros and Cons

Pros Cons
MT5 platformNo regulation
No demo accounts
Few contact channels

Is Money Wave Legit?

No. Money Wave currently has no valid regulations. Please be aware of the risk!

Is Money Wave Legit?

What Can I Trade on Money Wave?

Money Wave offers trading on CFDs, future stocks, commodities, bonds and indices.

Tradable Instruments Supported
CFDs✔
Future Stocks✔
Commodities✔
Bonds✔
Indices ✔
Forex❌
Cryptos❌
ETFs❌
What Can I Trade on Money Wave?
What Can I Trade on Money Wave?

Leverage

The broker has not clearly provided the leverage it offers. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Money Wave Fees

Money Wave Spreads

The broker says that it provides a spread free trading environment.

Money Wave Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Mobile and desktopExperienced trader
MT4❌/Beginners
Trading Platform

Deposit and Withdrawal

No minimum deposit or withdrawal amount defined and no fees or charges specified. No information about accounts and payment methods is provided on the website. Please be aware of the risk!

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Mansuber007
Within 1 year

Can I know the details about the money wave fees?

WikiFX Reply
The Money Wave offers spread-free trading, which I find appealing as it means I can trade without the cost of the spread. However, there is no detailed information about other potential fees like commissions or withdrawal charges. As a trader, I would want to clarify all potential costs with customer support before fully committing to the platform.
Broker Issues
Money Wave
Fees and Spreads
06-18
United States
TJensen
Within 1 year

Is the money wave safe and legit?

WikiFX Reply
Since the Money Wave is unregulated, I would not consider it entirely safe or legit. An unregulated broker increases the risk of potential issues like fraud or mismanagement of funds. I recommend approaching with caution and fully understanding the risks involved before trading. Without a regulatory body overseeing the platform, there’s no guarantee that it adheres to proper trading practices.
Broker Issues
Money Wave
Regulation
06-03
United States
helpneeded
Within 1 year

What trading instruments are available on the money wave?

WikiFX Reply
The Money Wave offers a range of tradable instruments, including CFDs, future stocks, commodities, bonds, and indices. However, Forex and cryptocurrencies are not available for trading, which could be a dealbreaker for me if I wanted to trade those specific assets.
Broker Issues
Money Wave
Instruments
Leverage
Account
Platform
05-31
United States
marcustan
Within 1 year

What platforms does the money wave provide?

WikiFX Reply
The Money Wave provides MetaTrader 5 (MT5), which is a great platform for more experienced traders like myself. MT5 offers advanced charting tools, technical indicators, and flexible order execution types. However, MT4 is not supported, so beginners may find the platform a bit challenging.
Broker Issues
Money Wave
Platform
Account
Leverage
Instruments
03-19
United States
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