Aiwa FX
We checked Aiwa FX 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
Aiwa FX marks itself as an accredited and trustworthy broker with more than 25 years' market experience. However, our investigation has revealed a different fact. Despite claiming to be an over 25-year-old market participant, Aiwa FX's domain (aiwafx.com) was registered in May 2022. Aiwa FX fails to disclose anymore regulatory information than the claim that it is "established with multiple regulatory licenses". This can be interpreted as a scam indicator, as legitimate brokers always prominently to display their accreditation and licenses. Additionally, Aiwa FX, in an attempt to appear real, displays two addresses on their webiste, respectively in Dubai and Mauritius. As per local laws, Aiwa FX is required to be regulated by the Dubai Financial Services Authority (DFSA) and the Mauritius Financial Services Commission (Mauritius FSC). However, no corresponding records exist in the registers of the aforementioned authorities, suggesting that Aiwa FX provides financial services or products outside the regulatory framework. In essence, Aiwa FX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally 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 Aiwa FX.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.