Brokers  /  Metrowavetrade

Metrowavetrade

High risk
🇬🇧 United Kingdom · < 1 year · since 2025-09-12 · Metrowavetrade
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
Visit site ↗
Independent ratingshow third parties score this broker
WikiFX1.27/10
Trustpilot/5
Forex Peace Army/5
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No sign that Metrowavetrade actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
57
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 10 months old
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age9215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMetrowavetrade
Headquarters🇬🇧 United Kingdom
Founded2025-09-12
Years operating< 1 year
Employees0
Official websitemetrowavetrade.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
Wenlock Road 20-22 N1 7GU London Unitied Kingdom

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
PLATINUM--£10,000----
CLASSIC--£5,000----
STARTER--£ 500----

Review analysis AI

Metrowavetrade is an unregulated UK company with no verifiable trading infrastructure, offering three account tiers with minimum deposits ranging from £500 to £10,000. The lack of regulatory oversight and undisclosed leverage and instruments create an elevated risk profile, reflected in an FXCanary Scam Risk Score of 57/100.

Best for
  • High-risk-tolerant traders seeking unregulated opportunities
  • Traders with large capital willing to accept minimal transparency
Not for
  • Risk-averse traders
  • Beginners or small retail investors
  • Those requiring regulatory protection or FSCS cover
Period:

Real user reviews

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About Metrowavetrade

Company Overview

Metrowavetrade is a company registered in the United Kingdom, incorporated on 12 September 2025. Its registered address is at Wenlock Road 20-22, London N1 7GU, a common business centre address.

According to the limited information available from public registries, the firm presents itself under the name Metrowavetrade with the domain metrowavetrade.com. At this stage, no operational history or trading platform details are independently confirmed.

Regulatory Status

Metrowavetrade holds no regulatory licence from any financial authority in the United Kingdom or elsewhere. The UK’s Financial Conduct Authority (FCA) does not list this firm as an authorised or registered entity.

This absence of regulation is a significant factor for any trader considering the broker, as it means there is no official oversight of its operations, client fund segregation, or dispute resolution mechanisms.

Account Types and Minimum Deposits

The broker offers three account tiers: STARTER, CLASSIC, and PLATINUM. The STARTER account requires a minimum deposit of £500, the CLASSIC account £5,000, and the PLATINUM account £10,000.

These deposit thresholds are notably high, particularly for an unregulated entity. The maximum leverage for each account is not disclosed in the known records, leaving a key risk parameter unknown.

Instruments and Platforms

No information is available regarding the tradable instruments or trading platforms offered by Metrowavetrade. The known facts do not specify whether the firm deals in forex, CFDs, cryptocurrencies, or other asset classes.

Without these details, it is impossible to assess the broker's market offering or compare it with industry standards.

Suitability Assessment

Given the absence of regulation and the high minimum deposit requirements, Metrowavetrade appears to target retail traders with significant capital who may be willing to take on elevated counterparty risk.

The lack of transparency around leverage and instruments further suggests that only very experienced and risk-tolerant traders should consider engaging with this firm, and then only after extensive independent due diligence.

Overview compiled by FXCanary from regulatory records and public data. full Metrowavetrade review