697
Reviews
i am funded with bullwave,@Koblavchallengepass from telegram passed for me.During funded stage,from what I'm gathering, it's not just about hitting your profit targets and following the basic rules. There are apparently additional requirements about how consistent your lot sizes need to be, how evenly your profits should be spread out,i began making progress after knowing all this
if you're considering Bullwaves, I'd say the platform and support are solid, but make absolutely sure you understand ALL the rules before you start. Ask support to clarify the consistency requirements in detail. The team is helpful enough that they'll explain it if you ask.i have gotten few payout successfully and some denied,but when i got to learn all the necessary rules i started enjoying the firm,i the challenges easily,@Koblavchallengepass from telegram passed for me.
Had a really helpful assistance from Peter while having issues (from my part) for some payments.
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.
the support representative I worked with took the time to walk me through everything step by step untill i understand all the rules and patterns,i got funded just in a week,@Koblavchallengepass passed my own challenge easily from telegram,
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.
I received advice from Pearl....very kind, professional, and fast. Excellent service. Thank you.
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!
Peter has helped a lot to make a understanding
Peter is the man
Peter was lovely to speak to, very helpful and efficient in solving my issue.
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
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.
Biggest scam ever, don’t trust them!!
been trying to verify my account so i can actually withdraw MY money. Hmm you took my money happily without any verification but now i want to withdraw you are making it very difficult. Just sent my documents for verification and you have rejected them. No reason given and not even told what to do next. dreadful service.
Great service by Peter! He was helpful, efficient, and very professional.
Absolute joke of a company, initially deposited £500 and then a further £400, made around £2,200 in profit and withdrew £1000, I received £900 of that back as it was my initial deposit. The £100 still remains to be seen over 5 weeks from requesting the withdrawal. I decided to request another £1000 withdrawal still missing 4 weeks later, my final balance I withdrew 9 days ago and surprise surprise haven't received my money. Stay away from this company don't invest!
Faced many issues with logging in but support in live chat from Tawida was very clear and helpful.
Great platform to work with, helpful staff like Natalija who has work with me in order to make Bullwaves a better place to trade.
I had to get some support and they were just great!
Bullwaves have been nothing but great from great customer service to quick withdrawals I cannot fault this broker at all. I would like to thank Jelena Milovanovic for always helping me out with any problems I have within bullwaves and is always just one email away for help and fixing any problems I have.
Great experience with Sally, quick and clear advice
I traded respecting all of their rules published on the website, I requested the payout on October 8th and on November 3rd I received this response. Furthermore, after 5 days of inactivity they closed my account claiming I violated the one-month inactivity rule, despite the fact that for 25 days I was unable to trade while waiting for the payout. Hey Marco! We are sorry to inform you that your payout request couldn't be fulfilled. Please note the reason below: Dear Marco Brugali, Following an in-depth compliance review of your account 1206470, we regret to inform you that your payout request cannot be approved. Our analysis identified a persistent one-side trading pattern, with approximately 80 % of all trades executed as buy positions, primarily on a single instrument (NDXUSD). Such exposure constitutes directional betting and fails to reflect balanced, discretionary trading expected in a funded-account environment. Furthermore, your trading activity exhibits signs of mirrored or cross-broker hedging, including: Identical trade sizing and execution structure across sessions. Systematic use of Stop Loss and Take Profit on nearly all positions. Repetitive directional clusters consistent with external-account synchronization. These patterns indicate an automated or externally mirrored approach, which is non-replicable in real market conditions. Liquidity providers would not permit such execution flow, as it generates asymmetric exposure and is typically degraded by slippage and price-feed discrepancies. While numerical consistency thresholds were not breached, the overall trading method is incompatible with the professional replication standards applied by Bullwaves Prime. Your payout request is therefore rejected for this cycle. You may continue trading under the same account provided that future activity aligns with discretionary, risk-managed behavior consistent with genuine market execution. Kind regards, Compliance Department Bullwaves Prime
Have had nothing but good experiences with bullwaves so far. Eric from support makes it super easy to get anything done and gets it done fast hes great. 5/5 Would recommend
Peter was quick to help me sort my password out in the tech department! Thanks Peter
5 stars for Peter. Thanks mate
Thanks to Bullwaves. I was assisted by Pearl. She is so good. I am born before technology so she was so patient with me. Calculations confused me but she took her time and explained step by step making sure I understand
Great trading experience so far with them, And they’ve also got really nice support; Tawida assisted me with my questions and explained well and in very respectful manner.
This is a follow-up to my previous review regarding a trade execution issue with BullWaves in late October 2025. After a long delay and multiple follow-ups through their support channels, I eventually received the remaining balance from my trading account. This was not a refund for the loss caused by the trade execution error, but rather the withdrawal of my own remaining funds. While I appreciate that the transaction was eventually completed, the lack of transparency, slow response, and absence of accountability throughout the process left a very poor impression. I hope BullWaves will take this feedback seriously and work to improve both their client communication and the handling of technical incidents in the future.
Tawida, helped me with a login issue for my trading account, excellent help.