ANSWER Yes, Bullwaves is regulated. It is a trading name of Equitex Capital Limited, a company authorized and regulated by the Financial Services Authority of Seychelles (Seychelles FSA).Although the Seychelles FSA enforces regulatory and compliance requirements, it is generally perceived as less rigorous compared to more established regulatory authorities in major financial hubs. We advise opting for brokers regulated by the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC), known for their stricter regulations and superior standards of oversight, which may instill a higher level of confidence in traders. Ultimately, it is crucial for traders to perform their own thorough research when selecting a broker, irrespective of the regulatory body.
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