Blockwave Exchange (blockwave-exchange.com) — Scam or Legit? FCA & CNMV Warnings Explained

Blockwave Exchange (blockwave-exchange.com) is an online trading and investment platform that has been publicly flagged by major financial regulators for operating without the required authorisations. Because of this, it should be treated as high-risk and unregulated, and users should exercise extreme caution before depositing any funds.

🛑 Official Regulator Warnings

1) UK — Financial Conduct Authority (FCA) Warning

The UK Financial Conduct Authority (FCA) has added Blockwave-Exchange / blockwave-exchange.com to its Warning List. The FCA states that this firm:

• is not authorised or registered to provide financial services in the UK,
• may be providing or promoting financial products without permission, and
• should be avoided by consumers. (FCA)

As the FCA explains, dealing with unauthorised firms means you won’t have access to UK investor protections such as the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS). (FCA)

2) Spain — CNMV Warning (June 2025)

The Comisión Nacional del Mercado de Valores (CNMV) of Spain also issued a public warning in June 2025 stating that Blockwave Exchange may be supplying financial services without proper authorisation. (BrokersView)

This is another strong regulator signal: trading, investment, or financial product provision generally requires licensing in EU jurisdictions like Spain.

📉 Lack of Regulation

Blockwave Exchange does not appear on any top-tier regulator registers (e.g., FCA, SEC, BaFin, ASIC, CySEC), meaning there is no verified licence backing its investment activities. (BrokerChooser)

Regulators globally require firms offering trading, investment funds, or exchange services to be licensed — without such oversight, investor protections do not apply.

🎯 What This Means for Investors

Because Blockwave Exchange is not regulated and flagged by multiple authorities:

• There is no official oversight of how your funds are handled.
• You do not have enforceable consumer protection if something goes wrong.
• Your ability to recover funds in disputes is severely limited.

Platforms that operate without licences often promise features like high returns or “exclusive investment opportunities,” but these claims are not verified by any regulator. (openPR.com)

⚠️ Red Flags Common in Unlicensed Trading Sites

While regulator warnings are the most authoritative evidence, unregulated platforms often exhibit these patterns:

• No verified licence disclosures. (Blockwave Exchange lacks them.)
• Unclear corporate information or business registration.
• Promises of guaranteed profits or easy profits.
• *High-pressure marketing tactics or unsolicited invites.
• Withdrawal difficulties or additional fee requests before releasing funds. (Online Checks Scamz)

These behaviours are commonly associated with unauthorised broker or online investment scams. (Wikipedia)

❓ What to Do if You Have Deposited

If you have already sent funds to Blockwave Exchange:

1. Stop sending additional payments — especially for “verification,” “tax,” or “withdrawal processing” fees.
2. Preserve all evidence: screenshots, messages, transaction records (wallet hashes or bank references).
3. Document your interaction history: when you were contacted, what was promised, and the sequence of deposits and withdrawal attempts.
4. Report to your regulator and payment provider:
   • UK investors: FCA report tools
   • EU investors: national regulator (e.g., CNMV)
   • Bank/credit card: possible chargeback request

At that stage, a specialist such as Forteclaim Recovery Firm may help with evidence organisation and tracing movements, depending on how your funds were sent.

🧠 Clear Verdict

Blockwave Exchange (blockwave-exchange.com) is not a legitimate, regulated financial services provider.
With warnings from both the FCA (UK) and the CNMV (Spain) and no evidence of proper licensing, it should be treated as high-risk and likely unsafe for investor funds. (FCA)

Avoid depositing money, and if funds have been sent, act quickly to preserve evidence and avoid further payments.