StarLight Wave Ltd Review
6
Review
Fast Facts
Account types
| Classic Account | Silver Account | Gold Account | Platinum Account | VIP Account | |
|---|---|---|---|---|---|
| Minimum Deposit | |||||
| Maximum Leverage | 1:400 | ||||
| Spread from (pips) | |||||
| Commission per lot (USD) | |||||
| Minimum Trade Size | 0.01 | ||||
| Step | |||||
| Execution Type | |||||
| Trading Instruments | Stocks, Indices, Metals, Commodities, Forex | ||||
| Margin Call | |||||
| Stop out | 20% | ||||
| Swap Free | |||||
| Currency | |||||
Contact Info and Support
Ground floor, The Sotheby building, Rodney village, Rodney Bay, Gros-Islet, Saint Lucia
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | January 2026 | 0 |
| February 2026 | 0 | |
| March 2026 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - | |
| Top keywords | emarlado | 30 ◦ $30 |
| ground floor, the sotheby building, rodney village, rodney bay, gros-islet, saint lucia | 720 ◦ $0 | |
| starlightwave | 150 ◦ $0 | |
| emalado | 120 ◦ $0 |
About StarLight Wave Ltd
Starlight Wave Ltd is incorporated in Saint Lucia (International Business Company registration number 2023‑00491) and operates the platform “Emarlado” via website . It claims to be licensed by the Mwali International Services Authority (MISA) of the Comoros Union, license number T2023397, as an international brokerage and clearing house, with registered address in Fomboni, Comoros (P.B. 1257 Bonovo Road) ().
The purported regulator, MISA, is an offshore registrar with no recognition from reputable global financial authorities, offering minimal investor protection, enforcement, or transparency (). The Central Bank of Comoros has explicitly declared MISA to be inauthentic, stating that it lacks any legal authority to issue licenses in the banking or financial sectors; the Central Bank is the sole legitimate regulator in that jurisdiction ().
The broker provides multiple account types (Classic, Silver, Gold, Platinum, VIP) with identical conditions: maximum leverage of 1 : 400, minimum trade volume of 0.01 lots, tradable instruments including stocks/equities, indices, precious metals, commodities, and forex/currencies, stop‑out level at 20%; all accounts are non‑Islamic (swap‑free not offered), and support neither EAs, hedging, nor scalping; negative balance protection is offered ().
Pros and cons
Pros
- Offers negative balance protection.
- Wide range of asset classes: stocks, indices, precious metals, commodities, forex.
Cons
- Regulatory claim based on MISA license—MISA is not a legitimate financial regulator and is explicitly discredited by the Central Bank of Comoros.
- No investor protection, transparency, or oversight from recognized financial authorities.
- All account types share the same features; absent Islamic accounts, hedging, EA or scalping support limits flexibility for certain traders.
