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WavFx

Operating status: SCAM

Website: https://wavfx.com/

Broker violations and abnormal records
  • May 07, 2023 BrokersView has reviewed that WavFx is an unregulated broker

    WavFx claims to be operated by the WAVFX TRADING INDEX LIMITED, registered with the Registrar of Companies for England and Wales (as known as the Companies House). However, our search for this broker on the Companies House website didn't find any matching records, which is a red flag. In addition, brokers operating in the UK must obtain authorization from the Financial Conduct Authority (FCA) to offer financial services or products legally, but our search for this broker in the FCA register suggests that it is not authorized by the agency. This means that WavFx is literally not subject to effective regulations.

    In essence, WavFx is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    WavFx claims to be operated by the WAVFX TRADING INDEX LIMITED, registered with the Registrar of Companies for England and Wales (as known as the Companies House). However, our search for this broker on the Companies House website didn't find any matching records, which is a red flag. In addition, brokers operating in the UK must obtain authorization from the Financial Conduct Authority (FCA) to offer financial services or products legally, but our search for this broker in the FCA register suggests that it is not authorized by the agency. This means that WavFx is literally not subject to effective regulations.In essence, WavFx is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
  • Oct 01, 2024 The UK FCA issued a Warning against WAVFX TRADING INDEX LIMITED/WavFX

    On 2nd October 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against WavFX, believing this company might be providing financial services or products without authorisation in the UK. You may visit: https://www.fca.org.uk/news/warnings/wavfx-trading-index-limited-wavfx.

    On 2nd October 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against WavFX, believing this company might be providing financial services or products without authorisation in the UK. You may visit: https://www.fca.org.uk/news/warnings/wavfx-trading-index-limited-wavfx.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.