Review summary
Primewave Fx Ltd., operating as PrimeWaveFX, is a forex broker registered in Saint Lucia with approximately 2-5 years of operational history in the Regional Brokers category. The entity is an unregulated entity lacking any valid authoritative forex trading licenses, which represents a severe risk warning for potential investors. It offers three primary account types (ECN, PRIME, STANDARD) with competitive conditions including maximum leverage up to 1:500, minimum deposits ranging from $50 to $10,000, and zero-spread options on certain accounts, alongside support for scalping and Expert Advisors. The broker provides MetaTrader 5 platform access with average execution speeds of 164ms. The WikiFX score of 1.92 reflects minimal regulatory compliance indicators, and the absence of financial oversight warrants a severe risk warning for potential clients. 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: 2026-03-22)
