I had a funded account and i made profit and requested withdrawal which should take 5 working days, After chasing for one month, i got told that i beached the trading rule of being in active more than... See more
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I’ve had a really smooth experience with Bullwaves so far. What stood out the most is how fast and helpful their Discord mods are, you barely wait before getting a clear response. Their customer sup... See more
Première expérience avec le support Bull waves,pour réclamer un bonus de bienvenu. MILICA la responsable de mon compte a été compréhensive et super réactive et efficace . Merci. First experience wit... See more
Company replied
I’ve been trading with Bullwaves Prime for some time now and overall my experience has been positive. The platform runs smoothly and I didn’t face any major issues with execution. The rules are fair... See more
Company details
About BWPrime
Written by the company
Who We Are
Bullwaves is a regulated multi-asset broker trusted by global customers across 100+ countries. Our platform delivers cutting-edge trading technology that enables new traders, professional traders, and financial institutions to navigate the financial markets with innovative tools, providing access to over 150 assets across Forex, Commodities, Indices, and Shares.
Our Commitment to Education
At Bullwaves, we firmly believe that education is key to navigating ever-changing market conditions. This is why we offer comprehensive educational resources and personal coaching to meet the needs of traders at all levels. Our expert team is dedicated to providing high-quality training and continuous support to help our clients develop the skills necessary for trading success.
Innovation & User Experience
We constantly invest in innovation and improving user experience, carefully listening to our community's needs and aiming to exceed their expectations. Our trading platform is designed to be both intuitive and powerful, offering advanced technical analysis tools, real-time charts, and a user-friendly interface that adapts to both beginners and experienced traders.
Join us and start riding the wave of success. With Bullwaves, you'll have access to a complete trading platform, professional educational support, and the tools necessary to navigate financial markets with confidence.
Contact info
CT House, Providence, Mahe, Seychelles
- +248 4373840
- support@bullwaves.com
- prime.bullwaves.com
Breach of guidelines
The quickness of solving issues amazing…
The quickness of solving issues amazing customer service withdrawals could be quicker but most brokers are the same
16 December 2025
Unprompted review
Reply from BWPrime
Dear Kyle,
Thank you for your kind words and support! We’re pleased to hear that your experience has been positive. Your confidence in us inspires our continued commitment to providing outstanding service. We’re always just a message away if you need assistance.
Warmest regards,
The Bullwaves Team
Peter helped me really quickly thanks a…
Peter helped me really quickly thanks a lot
16 December 2025
Unprompted review
Reply from BWPrime
Dear Patryk,
Thank you for your kind words and support! We’re pleased to hear that your experience has been positive. Your confidence in us inspires our continued commitment to providing outstanding service. We’re always just a message away if you need assistance.
Warmest regards,
The Bullwaves Team
Last Monday I was stopped out with a…
Last Monday I was stopped out with a 12USD spread on Gold as I had kept trades open over the weekend, but I had enough equity to maintain volatility.
This is uncommon and not normal market conditions, but market maker / broker manipulation. I have asked them multiple times to have a call, but I only get standard chat/email responses.
If you are from Bullwaves and reading this, give me a call so that we can resolve this.
Stay away!
15 December 2025
Unprompted review
Reply from BWPrime
Dear Dennis,
Please be advised that at market opening, increased price volatility and temporary spread widening may occur due to lower liquidity and pricing adjustments from liquidity providers. During these periods, spreads on Gold can widen significantly and generally return to normal levels once standard market liquidity is restored.
In this case, the price movement and spread behavior observed at market opening fall within normal market conditions, and no platform malfunction or irregular pricing was identified.
Should you require any further assistance please contact us at support@bullwaves.com with your account details so our team can review your case.
Kind regards
The Bullwaves Team
I was working on my trading skills for…
I was working on my trading skills for a while and decided to step back from trading while having a funded account. Unfortunately I exceeded the inactivity time with Bullwaves but at that exact day I wanted to start trading again. I got in contact with the support team (Violetta) and they gave me my account back, so I can proceed my trading journey. Absolutely amazing that they provided me this opportunity. Would definitely recommend Bullwaves to anyone that’s interested in trading.
15 December 2025
Unprompted review
Reply from BWPrime
Dear Dano,
Thank you for your wonderful feedback! We’re thrilled to know that your experience with us has been a positive one. Our team is dedicated to maintaining the highest standards of service, and your trust means a great deal to us. Should you ever need any assistance, please don’t hesitate to reach out.
Kind regards,
The Bullwaves Team
Best customer service
Best customer service , millice is very good representative.
15 December 2025
Unprompted review
Reply from BWPrime
Dear Zainab,
Thank you for your kind words and support! We’re pleased to hear that your experience has been positive. Your confidence in us inspires our continued commitment to providing outstanding service. We’re always just a message away if you need assistance.
Warmest regards,
The Bullwaves Team
Tiwada made my experience great.
Tiwada made my experience great.
Great platform and easy to use.
Thanks, Tiwada for guiding me through the Platform.
13 December 2025
Unprompted review
Just started so not sure yet but so far…
Just started so not sure yet but so far so good. Let see
11 December 2025
Unprompted review
Reply from BWPrime
Dear Robert,
Thank you for your positive feedback! We are delighted to hear that your experience with us has been positive. We strive to maintain the highest standards and appreciate your confidence in us as we continue to grow and lead in the industry. If you ever need assistance, we’re always here to help!
Kind regards,
The Bullwaves Team
Sonja thanks so much
I'm increasingly happy and satisfied with Bullwaves. They're attentive and quick to resolve any issues. I requested a withdrawal, and they were so kind and helpful that they asked me for more information to send the money the way I wanted. I received the money within minutes. Special thanks to Sonja and the agent Natalija.
11 December 2025
Unprompted review
Reply from BWPrime
Dear Client,
Thank you for your positive feedback! We are delighted to hear that your experience with us has been positive. We strive to maintain the highest standards and appreciate your confidence in us as we continue to grow and lead in the industry. If you ever need assistance, we’re always here to help!
Kind regards,
The Bullwaves Team
Very good and always supportive when…
Very good and always supportive when ever I message they are always quick to reply and solve all problems I have been dealing with milica she has been more than good to me very well recommended broker
11 December 2025
Unprompted review
Reply from BWPrime
Dear Joe,
Thank you for your positive feedback! We are delighted to hear that your experience with us has been positive. We strive to maintain the highest standards and appreciate your confidence in us as we continue to grow and lead in the industry. If you ever need assistance, we’re always here to help!
Kind regards,
The Bullwaves Team
Bullwaves keeps getting better
Bullwaves keeps getting better! A huge part of that is their fantastic support team,thank you, Natalija and Imran, for being so helpful. My confidence in them is why I just started a $200K funded challenge!
4 December 2025
Reply from BWPrime
Dear Ishaq,
Thank you for your positive feedback! We are delighted to hear that your experience with us has been positive. We strive to maintain the highest standards and appreciate your confidence in us as we continue to grow and lead in the industry. If you ever need assistance, we’re always here to help!
Kind regards,
The Bullwaves Team
Great Support/Assistance
Had a really helpful assistance from Peter while having issues (from my part) for some payments.
9 December 2025
Unprompted review
Reply from BWPrime
Dear Sebastian,
Thank you for your positive feedback! We are delighted to hear that your experience with us has been positive. We strive to maintain the highest standards and appreciate your confidence in us as we continue to grow and lead in the industry. If you ever need assistance, we’re always here to help!
Kind regards,
The Bullwaves Team
Scam broker 100%
Scam broker 100%, has a stop-loss system you can set on account that doesn't work. Most likely it doesn't even exist. It freely nests copy-trading strategies within itself that are clearly scams that defraud the unfortunate trader, thus splitting the profits between the broker and the fake creator of the copy strategy, such as Nation Forex. In short, a broker to stay away from.
1 December 2025
Unprompted review
Reply from BWPrime
Dear Stefano,
We are unable to track you in our system. Please reach out to us at support@bullwaves.com with your account details so our team can look into the issue and provide the assistance you need.
Kind regards,
The Bullwaves Team
Their sole source of income is you failing
If Bullwaves are reading this they’ll be so surprised I’m giving a 3 star review instead of a 1 star because they know me very well, but unlike them I’m a very fair person and they’ve created a mentality monster!
I made 20% of my 200k account in 3 months and of that 40k they paid me 6k, the account cost me 1.25k so I’m delighted to have taken some money off them and that’s where they get their second start from.
First payout I received no problem.
Second payout they worked my consistency out after the profit split so had to send me more money after the affiliate who put me onto them had a word. (who by the way won’t use them anymore because he’s sick of the complaints)
3 pay out they completely rejected. This one hurt but I definitely breathe their rules. Mainly the lot size rule, I closed 2 trades at the same time so they lumped them together which was 6 lots and my limit based on 200% of my average was 5.98. Not only did I not get this payout but I had to start again -1%
Next paid out was again a partial payout can’t remember the reason they docked me on this.
Payout 5 is the hilarious one.
Firstly they changed the consistency rule so the dashboard won’t let you submit a payout if your 30% consistency rule isn’t met. I made a mistake 2 months prior and made 4k in one day nit realising they change trading days at 12pm rather than session change at 10pm uk time.
So that meant I had to make 13.77k to be eligible but the max payout is 12k
So I did it.
Took me a while, all the stress that comes with it. Absolutely thrilled because that was going to be a £7200 payout after split and conversion.
Took them 7 days to come back to me to say I’m getting nothing.
Said I used mechanical aids which they know I didn’t because any Eas, copier trading software anything like that appears on your MT5 and your firm or broker is notified immediately.
They said I was using predined SLs and TPs? Well obviously Fibonacci retracement uses pre defined SL and TP, support and resistance does!
Said I left trades to hit TP with no manual management, I don’t know why that’s an issue but off the 30+ trades I did only 4 hit TP the rest I closed early based on… manual management.
Said I trade the same pair constantly in the same direction. Now this is where their 3rd star comes in because since they rejected the payout I went on to some of the better known firms 2 of which I passed based on the mental strength and consistency I learnt from the ridiculous Bullwaves rules and they also have this rule so I’m having to learn how to trade other pairs.
Basically if you’re with them read the rules and follow them, they will find a reason not to pay you eventually but they’ve turned me into a monster, due a payout out on Monday with 2 top firms which I’ve never been able to do before.
If you’re not with them and thinking about it, just don’t. Save yourself the headache and the stress and go with a proper firm.
Also if I firm allows people to pass using a third party… run a mile! It’s the failing on challenges that funds prop firms plane and simple.
They have 3 rules which are a deadly trio.
That’s 10 active trading days, the lot size consistency rule and the aggregator rule. These 3 combine will eventually fail you but if you’re a good trader like myself they’ve plently of other more hidden rules to get you with combine that with the fact they’re in the Seychelles and it’s bye bye money.
24 November 2025
Unprompted review
Reply from BWPrime
Dear Mr. Matthew Fox,
Following a detailed review of your trading activity by our Risk & Dealing Desk, we regret to inform you that your payout request cannot be approved.
Our analysis of the Positions, Orders and Deals table shows that your trading activity followed a repetitive mechanical pattern consisting of:
• Opening the same type of trade repeatedly,
• Setting a predefined Stop Loss and Take Profit immediately upon entry,
• Leaving the trades to automatically close without any manual management or analytical intervention,
• Maintaining a strong one-sided directional bias (almost exclusively long positions),
• Allowing most trades to hit Take Profit simply through volatility and the size of the prop-funded account.
This behaviour is classified as One-Sided Betting and non-analytical mechanical trading, which is prohibited under our Trading Rules because it:
• Does not demonstrate technical or fundamental analysis,
• Relies on the large capital of the funded account rather than trader skill,
• Creates asymmetric risk designed to benefit from volatility rather than actual strategy,
• Cannot be replicated on real liquidity or in institutional execution environments.
As per our Terms & Conditions, profits generated from such activity are not eligible for payout and have therefore been removed.
The account will remain active, but any future use of similar strategies will result in immediate disqualification from the program.
If you would like guidance on permitted trading styles, our team is happy to assist you.
Kind regards,
Bullwaves Prime – Compliance & Risk Team
Excellent service
I received advice from Pearl....very kind, professional, and fast. Excellent service. Thank you.
5 December 2025
Unprompted review
Reply from BWPrime
Dear Michele,
Thank you for your positive feedback! We are delighted to hear that your experience with us has been positive. We strive to maintain the highest standards and appreciate your confidence in us as we continue to grow and lead in the industry. If you ever need assistance, we’re always here to help!
Kind regards,
The Bullwaves Team
Avoid as they create reasons for non-payment
Dealt with Peter, after having a $4k payout denied for the following reasons:
During the analysis of your Positions, Orders and Deals, we identified a number of trading patterns that are strictly prohibited under the Bullwaves Prime Trading Rules. Specifically, your account shows a mechanical, set-and-forget trading style, including:
• identical or near-identical SL/TP structures on every position
• immediate placement of fixed SL/TP without any subsequent adjustments
• repeated entries with the same ratios regardless of market conditions
• strong one-directional bias not aligned with technical or fundamental analysis
• no trade management, no discretionary exits, and no position adaptation
• behaviour consistent with automated or semi-automated systems
This type of execution is not considered manual discretionary trading and is incompatible with the instant-funding model. Such strategies rely on asymmetric risk, where the trader benefits from repeated attempts while the firm absorbs all downside. This creates a payoff structure that cannot be replicated in real liquidity environments and undermines the sustainability of the funded program.
Bearing mind I trade manually and without the use of an EA, I am told my trading is too "rules based" and one-directional! I placed 40 trades in total and exactly half are long and the other half are short.
Promised to respond in 24-48hrs when asked to clarify and that didn't respond at all. Chased them today and I pretty much got the same response as the email.
Peter has now stopped responding on live chat, messages are read but not responded too!
Personally, I think this is another scamming prop firm with no backbone!
4 December 2025
Unprompted review
Reply from BWPrime
Dear Andrew,
After reviewing the overall patterns in your trading history, the execution style observed still matches behaviours that are prohibited under the Bullwaves Prime Trading Rules, specifically:
Trades executed in repeated, uniform structures, creating patterns similar to set-and-forget strategies
Profit-taking and stop-loss adjustments that, while occurring, follow highly repetitive and predictable ratios
Trade entries and exits that result in a mechanical risk-reward pattern, which cannot be considered discretionary trading
These behaviours are considered non-compliant because the funded account model requires manual, discretionary trading that demonstrates adaptability and genuine risk management. Strategies that create predictable, repeated patterns—even if placed manually—cannot be mirrored safely in real market conditions and therefore are ineligible for payouts.
Please note that your account remains active, and you may continue trading, provided that all future trades follow the rules for discretionary, manual trading. Further use of patterns resembling mechanical or set-and-forget trading may lead to permanent disqualification from the program.
We understand that this may be disappointing, and we remain available to provide guidance on compliant trading approaches if needed.
Kind regards,
Bullwaves Team
Peter has helped a lot to make a…
Peter has helped a lot to make a understanding
2 December 2025
Unprompted review
Reply from BWPrime
Dear Mazhrul,
Thank you for your positive feedback! We are delighted to hear that your experience with us has been positive. We strive to maintain the highest standards and appreciate your confidence in us as we continue to grow and lead in the industry. If you ever need assistance, we’re always here to help!
Kind regards,
The Bullwaves Team
Peter is the man
2 December 2025
Unprompted review
Reply from BWPrime
Dear Carl,
Thank you for your positive feedback! We are delighted to hear that your experience with us has been positive. We strive to maintain the highest standards and appreciate your confidence in us as we continue to grow and lead in the industry. If you ever need assistance, we’re always here to help!
Kind regards,
The Bullwaves Team
Peter was lovely to speak to
Peter was lovely to speak to, very helpful and efficient in solving my issue.
2 December 2025
Unprompted review
Reply from BWPrime
Dear Abdul,
Thank you for your positive feedback! We are delighted to hear that your experience with us has been positive. We strive to maintain the highest standards and appreciate your confidence in us as we continue to grow and lead in the industry. If you ever need assistance, we’re always here to help!
Kind regards,
The Bullwaves Team
payout denied for AGAIN
Don't lose your time with this company!
they deny the payouts for fake reasons they already deny 2 payouts.
please forget about this company don't trust them
24 November 2025
Unprompted review
Reply from BWPrime
Dear Sergio,
Following a thorough review of your trading activity, we identified a consistent pattern of opening multiple positions simultaneously at similar price levels, including the following deals: 14048180, 14048210, and 14048245. These trades can be viewed in MT5 by switching the display from Position ID to Deal ID.
This trading behavior is characteristic of a grid trading strategy, which is explicitly prohibited under Bullwaves’ trading policies.
Grid trading involves placing multiple orders at staggered price levels at the same time. This strategy bypasses standard risk management controls, significantly increases margin exposure, and poses unacceptable risk to both the client and Bullwaves.
As a result of these findings, all profits generated from this activity have been removed. This message serves as a formal warning. You are required to immediately cease any grid trading activity. Continued use of this prohibited strategy may result in further action, including the suspension or permanent closure of your account.
Kind regards,
Bullwaves Team
They're scammers
They're scammers, they don't payout. They will make rules for traders to follow and then reject your payout after following the rules. Avoid them.
25 November 2025
Unprompted review
Reply from BWPrime
Dear Ernest,
We understand your frustration and we are sorry to hear about your disappointment. However, after a full review of your trading history, we must clarify that your payout request was rejected because your trading activity did not comply with our Lot Size Consistency Rule.
This rule is purely mathematical and is applied equally to all traders. It ensures that trading behaviour remains consistent and replicable, which is essential for a funded program. In your case, several trades fell outside the permitted lot-size range defined by your own average trading activity.
We always aim to be transparent, and all rules are clearly outlined in our Terms & Conditions before starting the program. Our team remains available should you wish to receive a detailed breakdown or clarification.
Kind regards,
Bullwaves Prime Team
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