Review summary
waves-trade.com is an entity that has been operating for 5-10 years and is registered in Australia. The broker's operational model and described scope of business raise significant concerns, as it holds no valid authoritative licenses for forex trading, resulting in a low score of 1.52. The entity lacks financial regulatory oversight, a factor that substantially increases operational and client fund security risks for prospective traders. Account tiers are offered, including a Standard account with a $50 minimum deposit, VIP, Professional, and Business accounts with deposits starting at $5,000, $1,500, and $500, respectively, and all reportedly support standard MetaTrader platform features like EA trading and scalping. However, this unlicensed operational status necessitates an extremely cautious approach from any individual considering engagement with this broker. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-25)








