✔️ Information reviewed and updated in July 2024 by Eduardo López


In this post I will analyze Wavestrader. Is the Wavestrader cryptocurrency broker (with wavestrader.io website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think Wavestrader is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyNot mentioned
???? AddressSwitzerland
📄 Attend the eventNot mentioned
🛡️ RegulapainNot mentioned
️ ️ Phone+41449746765
🕑 Website ageYour registration date was: November 6, 2023 (very recent)
📧 Email[email protected]
🌐 Websitewavestrader.io
???? Live ChatYes
💳 Payment methodsNot mentioned
Company typeCFD broker




Here is a small analysis of the types of plans/accounts that Wavestrader offers; They are divided into 4 plans/accounts. Here is a table with a little more information about minimum deposits by type of plan/account.

Microphone $2,500


Below you will see the company's website and a small analysis about the website:

Wavestrader website
  • As I mentioned before, the company does not refer to any regulation, which leads me to think that it could be an unregulated company. 🚩
  • Age of the website: the domain “wavestrader.io” was registered on November 6, 2023. That is, it is a website that is not very old. 🚩
  • The website does not mention who it belongs to, we noticed a clear lack of transparency in very important data. 🚩

⭐ Wavestrader OPINION:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company does not provide information about its regulation, suggesting that it could be an unregulated company.

2) Although the company mentions being located in Switzerland, there are doubts about the veracity of this statement. Extreme caution is recommended in this regard.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “wavestrader.io” was registered on November 6, 2023. It is very recent.

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

5) The company has been reported by the following financial regulator(s): CNMV, National Securities Market Commission. It is a very unsafe company, be careful.

6) The company mentions generating a large percentage of profitability, which is so good and exaggerated, that I think it is false.

“To be honest with you, I would not invest in this type of company: it is not regulated. It does not mention which company it belongs to. I honestly cannot recommend a company of this type.”


Wavestrader raises several significant concerns that investors should be aware of before considering any type of business relationship with the company. First of all, the lack of information about its regulation suggests that it could be an entity not regulated, which increases the risks associated with the investment. Furthermore, although the company claims to be located in Switzerland, there are doubts about the veracity of this claim, underscoring the need for extreme caution when evaluating their credibility. ❗🔍

Furthermore, the limited seniority or career of Wavestrader in the market, evidenced by the registration of the domain “wavestrader.io” in November of 2023, raises questions about its experience and long-term stability. This lack of history adds to the bad reputation on the internet that the company has accumulated, with numerous Customer's complaints that highlight concerns about their services and practices.

Finally, complaints filed by financial regulators such as the CNMV (National Securities Market Commission) reinforce concerns about the security and legitimacy of Wavestrader. Furthermore, the promises of high investment returns, that seem exaggerated and unrealistic, raise serious doubts about the veracity of the company's claims. In view of these factors, investors are advised to exercise extreme caution before getting involved with Wavestrader. ⚠️


1) Update June 2024: la CNMV, National Securities Market Commission, has denounced Wavestrader.

✔️ CLAIM MONEY FROM Wavestrader:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can claim your money.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.

🚨 REPORT Wavestrader:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


What is Wavestrader?

Wavestrader is a CFD investment broker.

Is Wavestrader a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is Wavestrader reliable?

Wavestrader is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from Wavestrader?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.

Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (350 votes)

2 comments on «IS Wavestrader RELIABLE? OPINIONS»

  1. David Reply

    This broker will not let you withdraw your money. It is true, I could not withdraw, do not fall into the trap, I know you will thank me.

    • reliableforexbroker.com Reply

      Hello David, Wavestrader is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you


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