Review summary
Waterman Bates is a brokerage firm registered in Singapore that has been operational for 2-5 years. This entity operates without any recognized forex trading licenses from major financial authorities, placing it outside conventional regulatory oversight frameworks. According to WikiFX data, the broker's overall score of 1.43 reflects fundamental concerns about its operational legitimacy. Account offerings are structured with a tiered system, with minimum deposit requirements starting from EUR 5,000 for a Micro account and scaling up to EUR 250,000 for a Gold account, while all account types support Expert Advisors (EAs) and scalping strategies. However, trading leverage, spreads, and execution speed metrics are not publicly disclosed. Potential clients should be aware that engaging with an unregulated entity carries inherent financial risks due to the absence of client fund protection schemes and formal dispute resolution mechanisms. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-04)
