ANSWER Dear Investor,
Regarding the spread advantages offered by Bullwaves, we recommend that you consult their customer service team directly and conduct comparisons with similar brokers to make an informed decision.
We have verified that Bullwaves is a broker regulated by the Seychelles Financial Services Authority (FSA), with its underlying operating entity identified as Equitex Capital Limited. The Seychelles FSA has officially registered and published the platform's domain name.
However, while this license is fully verifiable, it is important to note that the Seychelles FSA is an offshore regulator. Consequently, its supervisory power and investor protection standards may not be as robust as those of mainstream, top-tier regulators. We strongly advise you to exercise caution in your interactions with this broker and to always keep the inherent risks of forex trading in mind.
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