Svendborg Wave
We checked Svendborg Wave against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Svendborg Wave is not a reliable broker for traders even though it states offers that look good to be true. Svendborg Wave claims it is licensed and regulated in Denmark. As forex traders, you should know the Danish FSA, also known as the Finanstilsynet, is the regulatory agency for the supervision and licensing of financial entities in Denmark. However, we did not find any match results to Svendborg Wave in the Danish FSA. The regulatory information this broker claim is a false statement for unsuspecting traders. The truth is that Svendborg Wave is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Svendborg Wave.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.