Review summary
Procapital Trade Capital Inc, operating under the brand name Wave, is a forex brokerage established 5-10 years ago and registered in the United Kingdom. According to WikiFX data, the entity holds a very low overall score of 1.57/10, which reflects significant operational concerns. The broker currently operates without any valid forex trading licenses from recognized financial authorities, placing it entirely outside the scope of mainstream financial oversight. This unregulated status presents substantial risks for client funds, including a lack of segregated accounts, dispute resolution mechanisms, and compensation scheme protections. Trading accounts begin with a minimum deposit of USD 200 for a Classic account and USD 500 for a Platinum account, both of which support scalping and automated trading via Expert Advisors. Given the absence of regulatory supervision and its classification within a suspicious operational region, prospective clients should exercise the highest degree of caution and perform extensive independent verification before considering any engagement with this entity. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-07)
