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According to its official website, Bullwaves is a multi-asset broker headquartered in the Seychelles that it describes as award-winning, with a management team that has more than 10 years of market experience. Bullwaves is a trading name of Equitex Capital Limited, registered in Seychelles under number 8434948-1; the company appears on the Securities Dealer list of the Seychelles FSA and the site states licence SD185. Its registered office is at CT House, Providence, Mahe; ETX Services Limited (Limassol), registered in Cyprus under number HE455407, is appointed as independent representative and distributor. Account types are STP (from USD 100), ECN (USD 5,000) and Swap Free (from USD 100); leverage is up to 1:500. Trading in forex, indices, commodities, shares, metals and ETFs is offered on MetaTrader 5, the Bullwaves mobile app and a copy trading app; the site also shows a deposit bonus promotion and a programme called Bullwaves Prime. The site states that it is not regulated in Canada, Australia or the EU and is not authorised to offer services there. This information is the company's own statement.
User reports found online are classified by topic. The reports are compiled from records on Trustpilot, WikiFX, Şikayetvar and FastBull, and one person's records count once.
No complaint records have been compiled for Bullwaves yet, so no comparison list is shown. Below are institutions operating in the same service area whose licences are verified.
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According to the data, Bullwaves has 1 verified licence (FSA); there are no classified user reports yet. This page does not express an opinion; licence records come from official registers and reports from sourced records.
Licences verified in official registers: FSA (Seychelles) – SD185.
No classified user reports about Bullwaves yet. Sources: Trustpilot, Şikayetvar, WikiFX, FastBull.
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Licence records are checked against official registers (last verification 30.10.2026). Complaint records are re-scanned every month on Trustpilot, Şikayetvar, WikiFX, FastBull. The institution’s details were last checked on 30.10.2026.