Greenwave Exchange Review: A Perfidious Broker

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Greenwave Exchange Review
  • Regulation
  • Fund Safety
  • Customer Support


Greenwave Exchange does not appear under the radar of any legit regulator. Also, the Financial Conduct Authority is responsible for authorising trading services and authorising regulations to trade entities. The FCA does not recognise the company.

Greenwave Exchange is an online trading platform that guarantees traders more than 300 instruments. Additionally, the company allows you to trade stocks, forex and crypto trading, among other assets. Moreover, there are several factors to consider before investing in any company. The company looks forward to providing advanced technology and assuring customers’ profit. However, how it generates consistent profit results is questionable. Also, the company promises leverage of up to 1:500.

Greenwave Exchange Review,Greenwave Exchange Company

Meanwhile, these forex trading companies apply convenient tried-and-tested strategies. You will enjoy a pleasant return on your hard-earned money, unlike Greenwave Exchange, which appears only to target your funds.

Consequently, it requires you to set up an account immediately and start enjoying profits. The investment firm’s website does not contain any relevant information regarding trading. Furthermore, scammers will promise you top-notch investment services. Hence when you sign up, you get shocking results. The trading market features massive competition. Therefore relying on the wrong instruments will only attract negative consequences. Greenwave Exchange does not highlight any convenient trading strategies.

Nonetheless, the market is volatile. So there is no such thing as constant profits. While making trading decisions, you experience losses. So you should apply risk management features such as stop-loss, among others, to prevent losses during sudden market shifts. Review aims to avail trading services to all sorts of customers. Accordingly, no expert trader will likely waste time or money on the platform. Ideally, the company appears to target innocent traders who have no clue how the market operates.  Beginners require valuable educational materials. Also, scammers guarantee quality educational tools.

Moreover, you come across basic explanations of trading terms. Similar data is not enough to understand how the market operates. Furthermore, trading without education is inadvisable. Greenwave Exchange does not showcase any software algorithm to attract sensible outcomes. Moreover, automatic investment is preferable to humans due to no emotional interference with assets.

Nevertheless, it would be best if you considered avoiding malicious tools as they will only attract negative results. Also, the company guarantees access to primary and minor markets.  Consequently, investments in various assets involve bearish or bullish conditions. Nonetheless, Greenwave Exchange guarantees continuous profit despite changes in price patterns. The investment firm promises customers access to educational webinars. However, the links lead to no relatable academic tools. 

How Operates does not present any commendable strategy for investment. The company only appears to target your money, and you will not receive any trading services. Additionally, you come across multiple resemblances to scam entities. So expecting any preferential treatment from the company is absurd. The investment firm software is not compatible with MetaTrader suitable for investment purposes. Therefore relying on any webtrader may not earn you any profits. It may attract malicious attacks from third parties or leak personal information.

Greenwave Exchange requires you to provide personal information during the registration process. However, the company does not follow suit. The investment firm does not reveal any data regarding its founders or the team of employees. Accordingly, the company maintains high anonymity. As a result, they form clone entities and attempt to defraud more money from innocent traders. The investment firm does not provide any qualification data to prove expertise in the niche. Therefore you might end up expecting trade directions from people who do not have a clue about how the market operates.

Greenwave Exchange does not present any evidence to prove trading activities are taking place. Also, the company is most likely attracting negative or unpleasant profits. Hence it explains why similar information is missing. Moreover, trade history for three months or more helps determine the expected outcome. The company guarantees expert market analysis. However, the same data comes from third parties that are mysterious and unreliable.

Funds Safety at Greenwave Exchange

Greenwave Exchange does not guarantee any security of your money. Nevertheless, the safety of funds is among the top priority factors to consider before investing in any company. The investment firm exposes multiple red flags to warn you against investing a single dime. Also, you come across several negative remarks regarding the entity, and you should not ignore such. Review, Features

Greenwave Exchange does not present any evidence of successful transactions made by its customers. Additionally, the only likely to benefit are the mysterious people behind its operation. Hence they may result in keeping your money in personal accounts while they persuade you to wait for mysterious profits. Nevertheless, not only does the company put your money at risk. Personal data may fall into the wrong hands attracting criminal activities.

Greenwave Exchange does not have any bank data to ensure the security of your money. Also, there is no demo account to test and familiarise with its operation before investing real money. Therefore you might end up purchasing instruments that will attract adverse outcomes.

Greenwave Exchange Deposit and Withdrawal

Greenwave Exchange’s minimum investment amount is $50. Additionally, scammers encourage non-refundable funding options. Also, wire transfers and cryptocurrency transactions are irreversible. So it is best to consider the Credit/Debit option for chargeback claims up to 540 days.

The investment firm does not include a refund policy to reclaim funds if you find it says displeasing. Additionally, there is no data on withdrawal policies. The company is likely to put you through a tough time when it comes to accessing money. Scammers hold customers’ funds for a long time. Eventually, they create ways to disappear with your cash without a trace.

Customer Support

Greenwave Exchange does not showcase any location address information on this website. However, the company claims to be in the UK. Moreover, there is no reliability in the customer support service available. You can reach the company through email or live chat available on the website. The main concern is if you receive a reply to your query.

Working customer support helps in building more trust between you and the company. Also, it is impossible to achieve a friendly trading interface without proper customer relations. The investment firm is likely to cut off communications upon receiving your money. In addition, you should receive an instant reply to your query, if not fast.

Regulation status of Greenwave Exchange

Greenwave Exchange does not appear under the radar of any legit regulator. Also, the Financial Conduct Authority is responsible for authorising trading services and authorising regulations to trade entities. The FCA does not recognise the company. Additionally, you do not come across any regulation documents to prove otherwise. Moreover, it is illegal to access public funds without mandatory following regulation procedures.

Consequently, these regulated forex companies showcase a high level of transparency. You can easily find and verify the regulation documents available with the responsible watchdogs. Unregulated companies do not last for long in the market. Also, they go against trading guidelines since they are not bound to any laws. Scammers cannot afford regulation fees, and often such companies face bankruptcy quickly.

Final Verdict

Greenwave Exchange applies copy trading as its strategy for investment. However, the market is not stable, and as a result, the same returns profiting from another trader may not necessarily benefit you. Additionally, you should research thoroughly before opting to invest in any company. Also, reading reviews from reliable sources is recommendable.

Unlike, these forex trading companies attract a pleasant trading experience through reliable strategies. Also, you get to enjoy sensible outcomes on your hard-earned money.


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