Score
Seychelles
|
2-5 years
| https://www.bullwaves.com/
Website
Rating Index
MT4/5
Full License
BullWaves-LIVE
Influence
B
Influence index NO.1
Italy 4.82
MT4/5 Identification
Full License
United KingdomInfluence
B
Influence index NO.1
Italy 4.82
LicensesLicensed Entity：Equitex Capital Limited
License No. SD185
Single Core
1G
40G
1M*ADSL
Seychelles
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
bullwaves.global bullwaves.com
VIP is not activated.
| Bullwaves Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Seychelles |
| Regulation | FSA (Offshore Regulated) |
| Market Instruments | Forex, Shares, Indices, Metals, Commodities, and ETFs |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.6 pips (Classic account) |
| Trading Platform | MT5 |
| Minimum Deposit | $100 |
| Customer Support | 24/7 live chat |
| Tel: +248 4379848, +44 1212258769 | |
| Email: support@bullwaves.com | |
Bullwaves, registered in Seychelles, is an online trading platform that offers trading in forex, shares, indices, metals, commodities, and ETFs on the MT5 platform, with a consistent leverage of up to 1:500 and spreads starting from 0.1 pips. A minimum deposit of $100 is required, and Bullwaves provides three live account types (Classic, VIP, ECN) and a demo account.
| Pros | Cons |
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Bullwaves is officially licensed and offshore regulated by the Seychelles Financial Services Authority (FSA) in Seychelles under license number SD185.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Seychelles Financial Services Authority（FSA） | Offshore Regulated | Seychelles | Retail Forex License | SD185 |
Bullwaves offers trading across various markets, including forex, shares, indices, metals, commodities, and ETFs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Shares | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Commodities | ✔ |
| ETFs | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
Bullwaves offers three types of accounts, with a demo account available.
| Account Type | Ideal for | Minimum Deposit | Stop out | Spread from |
| Classic | Beginner traders | $250 | 50% | 1.6 pips |
| VIP | Intermediate traders | $3,000 | 0.8 pips | |
| ECN | Advanced traders | $5,000 | 0.1 pips |
Bullwaves offers a consistent leverage of 1:500 across all its account types: Classic, VIP, and ECN. Note that high leverage can amplify not only profits but also losses.
Spreads:
Bullwaves offers variable spreads that differ by account type: the Classic account starts from 1.6 pips, the VIP account from 0.8 pips, and the ECN account from 0.1 pips.
Inactive Fees:
Bullwaves charges a 10 USD monthly non-refundable inactivity fee. An account becomes inactive if no trade is placed, no positions are opened or closed, and no deposit is made for 30 consecutive days.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Android, Apple phone | Experienced traders |
| MT4 | ❌ | / | Beginners |
Bullwaves charges withdrawal fees:
The minimum deposit varies depending on the account type: $250 for the Classic account, $3,000 for the VIP account, and $5,000 for the ECN account.
To log in to your live Bullwaves account, open the MT5 platform and enter your live account credentials provided by the broker.
Bullwaves supports the MT5 trading platform, which is available for desktop, Android, and iOS devices.
The pros of Bullwaves include its regulation by the FSA, support for the MT5 platform, high leverage of up to 1:500, and a wide range of tradable instruments such as forex, shares, indices, metals, commodities, and ETFs.
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