This MotiveWave Brokers review examines the available broker integrations supported by the MotiveWave trading platform. MotiveWave is not itself a brokerage, but a third-party charting and trading software provider that connects with a wide range of brokers and data services globally.

Regulation and Safety

MotiveWave does not operate as a regulated broker. Instead, it integrates with licensed and regulated third-party brokerages. The safety of your funds depends entirely on the broker you connect with through the platform. Popular partners include brokers regulated by:

• NFA/CFTC (USA)
• FCA (UK)
• ASIC (Australia)
• IIROC (Canada)

Execution Model and Trading Platforms

MotiveWave supports multiple execution models including STP, ECN, and DMA depending on the connected broker. It does not offer execution itself. Key platform features include:

• Professional-grade charting with Elliott Wave, Gann, Harmonics
• Desktop platform for Windows, Mac, Linux
• Direct broker integration via API or bridge
• No mobile version; desktop-focused

Supported connections include CQG, Rithmic, Interactive Brokers, OANDA, FXCM, Tradovate, and more.

Markets and Instruments

The range of tradable instruments depends on the broker used with MotiveWave. Commonly supported asset classes include:

• Forex
• Futures
• Stocks
• Options
• Indices
• Commodities
• Cryptocurrencies (limited broker support)

Accounts, Spreads and Leverage

MotiveWave does not offer trading accounts directly. Account types, spreads, leverage, stop-out levels, and commission structures are determined by the integrated broker. Examples include:

• IBKR: TWS accounts, competitive stock commissions
• OANDA: Retail forex accounts with variable spreads
• Tradovate: Futures trading with low-cost commissions

Funding and Base Currencies

All funding methods are handled by the chosen broker. MotiveWave does not process deposits or withdrawals. Typically supported methods include:

• Bank transfers (ACH/SWIFT)
• Credit/debit cards
• Online wallets (varies by broker)

Base currencies depend on the broker, commonly including USD, EUR, GBP, AUD, and JPY.

Client Protections and Features

• Safety and segregation of funds depend on the regulated broker
• MotiveWave software is secure and desktop-based (not cloud-hosted)
• 2FA, SSL, and account login security depend on broker platform
• No investor compensation scheme from MotiveWave itself

Institutional and Retail Offering

MotiveWave serves both institutional and retail traders through multi-broker connectivity:

• Institutional support for Rithmic, CQG, and FIX API-enabled brokers
• Retail support for Interactive Brokers, OANDA, FXCM, etc.
• Custom development and enterprise licensing available

Pros and Cons

Pros

• Professional-grade technical analysis tools
• Supports multiple regulated brokers globally
• Works with futures, forex, and stock markets
• One-time license purchase model (no subscription required)
• Broad institutional integration via API

Cons

• No mobile or web-based platform
• Requires separate brokerage account setup
• Software installation needed; not beginner-friendly
• Functionality depends on third-party broker integration
• No in-built order execution or fund handling

Frequently Asked Questions

Is MotiveWave a broker?

No, MotiveWave is not a broker. It is a standalone trading and charting platform that connects to third-party brokers.

Which brokers work with MotiveWave?

MotiveWave supports integration with Interactive Brokers, OANDA, FXCM, CQG, Rithmic, Tradovate, and several others.

Can I trade directly on MotiveWave?

Yes, once connected to a supported broker, you can place trades directly from the MotiveWave interface.

Does MotiveWave support forex and futures?

Yes, MotiveWave supports both forex and futures trading via compatible brokers like OANDA and Rithmic.

Is MotiveWave regulated?

No, MotiveWave is not a regulated broker. Regulation applies to the broker you connect with, not the platform itself.