Can I use wax or polish on matte paint?

No. Matte paint gets its flat look from a micro-textured surface that scatters light. Waxes, glazes and polishes fill or flatten that texture and create shiny, uneven patches that are difficult or impossible to reverse. Use shampoos, detail sprays, sealants and coatings specifically labeled as matte-safe, and never machine polish matte paint to remove scratches.

References
  1. Wax (Glossary of Detailing Terms), International Detailing Association (IDA)
  2. Auto detailing, Wikipedia
Detailing Dictionary87 technical terms explained in plain English, from beading to wet sanding. Open the dictionary