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Bullwaves

Broker · International

About the company

Legal company nameEquitex Capital Limited · ETX Services Limited
Year founded—
Headquarters / registered countryMahe, Seychelles
Websitewww.bullwaves.com
Last checked30.10.2026

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.

Account Details

ACCOUNT TYPESSTP · ECN · Swap Free
MIN. DEPOSIT100 USD (STP)
PLATFORMSMetaTrader 5 · Bullwaves mobile app · Copy trading app
PRODUCTSForex · Index, commodity, share, metal and ETF CFDs
LEVERAGEUp to 1:500

Licences and regulation

FSA (Seychelles)

Licence no.SD185
Licence holderEquitex Capital Limited
ScopeEquitex Capital Limited (website www.Bullwaves.com) appears on the Securities Dealer list of the Seychelles FSA register. The register does not show licence numbers; SD185 is the company's statement.
StatusVerified
USER REPORTS

User complaints

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.

There are no classified user reports for this institution yet.

Sources and verification history

Official company sourcesbullwaves.com — homepage, About, Trading Platform, Deposit Bonus and Legal Documents pages and footer
Regulator recordsFSA Seychelles — Equitex Capital Limited, Securities Dealer list (fsaseychelles.sc)
Company registerSeychelles company no 8434948-1 (as stated on the website)
User feedback sourcesTrustpilot · Şikayetvar · WikiFX · FastBull
Last verified30.10.2026
SAME CATEGORY

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Frequently asked questions

Is Bullwaves trustworthy?

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.

Which licences does Bullwaves hold?

Licences verified in official registers: FSA (Seychelles) – SD185.

Are there complaints about Bullwaves?

No classified user reports about Bullwaves yet. Sources: Trustpilot, Şikayetvar, WikiFX, FastBull.

How can I file a complaint about Bullwaves?

Use the "File a Complaint" button on this page to open the form; the institution is preselected. Describe the issue, the date and attach any supporting documents. The complaint is reviewed by our team, published if eligible and forwarded to the institution; with the tracking link you receive, you can follow the process and the institution’s reply.

How is the information about Bullwaves verified and when was it last checked?

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.

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