Aiwa Capital Limited is a forex broker registered in Saint Lucia on October 6, 2023, primarily offering investors financial trading services including forex, futures, indices, cryptocurrencies, with its headquarters located in Dubai. The broker does not provide services within jurisdictions where it may contravene local laws or regulations, including but not limited to the United States, Cuba, Iraq, Myanmar, North Korea, Sudan, etc.

Corporate Registration Information and Regulatory Status:

Official information on Aiwa Capital Limited's website indicates that the company's specific registered address in Saint Lucia is Ground Floor, The Sotheby Building Rodney Bay, Gros-Islet, Saint Lucia P.O. Box 838, Castries, Saint Lucia, with a registration number of 2023-00498, and its office address located at Office Number.2506, LatifaTower, Sheikh Zayed Road, Dubai, UAE. The broker's website does not disclose the regulatory information it is subjected to.

Upon verification, the International Business Companies and International Trust Registry (ifc) of Saint Lucia can retrieve a business entity named Aiwa Capital Limited with the registration number 2023-00498. However, no registered broker named Aiwa Capital Limited has been located at the Financial Services Regulatory Authority (FSRA) of Saint Lucia, nor in official financial regulatory bodies of other jurisdictions.

Information from Whois search shows that the domain name of the broker's website was registered on May 16, 2022. In addition, as of January 15, 2024, the broker has just celebrated three months from the date of its registration.

Opening an Account:

To open an account with Aiwa Capital Limited: visit the broker's official website, click on "Open an Account" on the homepage or "Register" at the top right corner of the page to enter the account registration interface. Fill in your personal information as requested and submit. After submission, the broker will send the user two emails, one containing the trading account and password, and the other for identity verification. Complete personal information verification is required to make deposits and engage in trading activities.

Account Types:

Aiwa Capital Limited offers users a demo trading account and four different types of real trading accounts: STANDARD ACCOUNT, ISLAMIC ACCOUNT, ECN ACCOUNT, PROMO ACCOUNT.

STANDARD ACCOUNT:

Maximum trading leverage: 1:500
Minimum initial deposit amount: $100
Spreads: From 1.5 pips
Trading commission: None
Overnight fees (SWAPS): Yes
Trading platform: MT5

ISLAMIC ACCOUNT:

Maximum trading leverage: 1:500
Minimum initial deposit amount: $100
Spreads: From 1.8 pips
Trading commission: None
Overnight fees (SWAPS): None
Trading platform: MT5

ECN ACCOUNT:

Maximum trading leverage: 1:200
Minimum initial deposit amount: $10,000
Spreads: From 0.2 pips
Trading commission: $7 per lot
Overnight fees (SWAPS): Yes
Trading platform: MT5

PROMO ACCOUNT:

Maximum trading leverage: 1:500
Minimum initial deposit amount: $100
Spreads: From 2.0 pips
Trading commission: None
Overnight fees (SWAPS): Yes
Trading platform: MT5

Trading Platform:

Aiwa Capital Limited offers users the MT5 trading platform.

Deposits and Withdrawals:

Aiwa Capital Limited does not disclose the supported deposit and withdrawal methods, fees, or minimum deposit and withdrawal amounts on its official website.

Summary:

Traderknows reminds investors that Aiwa Capital Limited is an unregulated forex broker and its methods for deposits and withdrawals are unclear. Traderknows advises investors to stay away from Aiwa Capital Limited when choosing a broker, and to prefer transparent, strongly regulated brokers with a good reputation for investment trading activities, in order to avoid unnecessary financial losses.

The broker is currently marked as "Suspected of Fraud" on Traderknows.