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Where Is Bullwaves Legal? Banned & Supported Countries

Parshwa Turakhiya
Written by:
Parshwa Turakhiya
Ciaran Ryan
Reviewed by:
Ciaran Ryan
Chinmay Soni
Fact-checked by:
Chinmay Soni
Updated:
October 06, 2026
flag
Bullwaves isn't available in US
Bullwaves REVIEW

For residents of this country (United States), Bullwaves is not available and does not accept clients. Below are the top three highest-rated brokers available there in 2026 — the best alternatives to consider.

Trading.com USA
Logo
6.88 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
Trading.com USA
Regulation Tier-1
EUR/USD pips
Plus500
Logo
6.67 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
Plus500
Regulation Tier-1
EUR/USD pips
OANDA
Logo
6.63 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
OANDA
Regulation Tier-1
EUR/USD 0.15 pips

Bullwaves Available Countries List

Note! We regularly update the information about Bullwaves regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact Bullwaves customer support directly.

According to publicly accessible information and the broker’s regional guidelines, the following countries are where Bullwaves currently provides its services: flag India flag Indonesia flag Poland flag Germany flag Spain flag France flag Malaysia flag Ukraine flag Brazil flag Italy flag Albania flag Argentina flag Armenia flag Austria flag Azerbaijan flag Bahamas flag Bahrain flag Bangladesh flag Botswana flag Brunei flag Cambodia flag Chile flag Colombia flag Costa Rica flag Cyprus flag Czechia flag Denmark flag Dominican Republic flag Ecuador flag Egypt flag Estonia flag Eswatini flag Ethiopia flag Finland flag Georgia flag Ghana flag Greece flag Hong Kong flag Hungary flag Ireland flag Jamaica flag Japan flag Jordan flag Kazakhstan flag Korea flag Kuwait flag Kyrgyzstan flag Latvia flag Lithuania flag Luxembourg flag Madagascar flag Malta flag Mauritius flag Mexico flag Moldova flag Mongolia flag Montenegro flag Morocco flag Netherlands flag North Macedonia flag Norway flag Oman flag Papua New Guinea flag Peru flag Philippines flag Portugal flag Puerto Rico flag Qatar flag Romania flag Rwanda flag Saudi Arabia flag Serbia flag Singapore flag Slovakia flag Slovenia flag Somalia flag Sri Lanka flag Sweden flag Switzerland flag Taiwan flag Tajikistan flag Thailand flag Trinidad and Tobago flag Tunisia flag Turkey flag UAE flag Uganda flag Uzbekistan flag Zambia flag Zimbabwe

Note!

Although Bullwaves holds a Tier-3 license, this level of regulation involves limited investor protection. Consequently, some countries may restrict the broker’s operations. The information above is compiled from publicly available information provided by the broker.

Bullwaves Restricted Countries List

Note! We regularly update the information about Bullwaves regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact Bullwaves customer support directly.

According to publicly accessible information and the broker’s regional guidelines, the following countries are where Bullwaves currently does not provide its services: flag United States flag United Kingdom flag Canada flag Nigeria flag South Africa flag Pakistan flag Afghanistan flag Algeria flag Angola flag Australia flag Belarus flag Belgium flag Bolivia flag Bulgaria flag Cameroon flag China flag Congo flag Cote d'Ivoire flag Croatia flag Cuba flag DR Congo flag El Salvador flag Haiti flag Iran, Islamic republic flag Iraq flag Israel flag Kenya flag Laos flag Lebanon flag Lesotho flag Libya flag Mozambique flag Myanmar flag Namibia flag Nepal flag New Zealand flag Palestine flag Panama flag Paraguay flag Reunion flag Syria flag Tanzania flag Uruguay flag Venezuela flag Vietnam flag Yemen

In addition, Bullwaves — like most international brokers — does not offer services in countries or territories subject to international sanctions or included on the FATF high-risk list.

Find a Broker Legally Operating in Your Country

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In Which Countries is Bullwaves Regulated? Is Bullwaves Safe?

Bullwaves is a Tier-3 regulated broker, authorized by regulators in offshore or less strict jurisdictions. Such licenses allow operational flexibility but offer limited investor protection compared to Tier-1 or Tier-2 authorities.

The table below presents details about Bullwaves regulatory framework and the countries of registration.

Bullwaves countries of regulation
FSA (Seychelles) FSA (Seychelles) FSA Seychelles regulates the non-bank financial services in Seychelles, aiming to promote their efficiency and transparency.
Full Name Financial Services Authority of Seychelles Country Seychelles Protection Fund No specific fund Regulation level Tier-3

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Expert Advice

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

  • In my experience, the first step when evaluating a broker should always be to confirm under which legal entity your account will be registered. Many brokers operate through several entities — one may be licensed in the EU, another in an offshore jurisdiction. These entities often follow different rules and maintain separate client lists depending on local regulations. Understanding which branch you’re signing up with helps determine your level of protection and whether the broker is legally permitted to offer services in your country.

Editors' Top Picks and Insights

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Team that worked on the article

Parshwa Turakhiya
Parshwa Turakhiya
Editorial Standards Specialist

Parshwa is a content expert and finance professional possessing deep knowledge of stock and options trading, technical and fundamental analysis, and equity research. As a Chartered Accountant Finalist, Parshwa also has expertise in Forex, crypto trading, and personal taxation.

Learn about our editorial policies
Ciaran Ryan
Ciaran Ryan
Editor at Traders Union

Ciaran Ryan is a veteran financial journalist based in South Africa, where he covers cryptocurrency, mining, stock markets, and governance for Moneyweb. He also hosts the weekly Moneyweb Crypto Podcast.

Chinmay Soni
Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.

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