AIG Trade

AIG Trade is a trading name of Al Fayyadh GoldenYard Limited, a company registered in Seychelles. It was founded in March 2021 and presents itself as an ECN forex brokerage. The broker claims to offer retail clients access to leveraged trading on multiple asset classes, including forex, indices, commodities, and cryptocurrencies.

However, due to limited publicly available information and the absence of independent reviews or web results specifically matching this entity, our assessment relies solely on the known facts from regulatory records. The broker is not known to hold any recognized financial regulatory license, which is a significant factor for traders to consider.

AIG Trade is registered in Seychelles but does not appear on any public register of regulated financial services providers. The Seychelles Financial Services Authority (FSA) does not list Al Fayyadh GoldenYard Limited as a licensed securities dealer or forex broker. This lack of regulatory oversight means that traders are not covered by investor compensation schemes or dispute resolution mechanisms typical of regulated jurisdictions.

Given the absence of a credible regulator, the broker’s operations are not subject to standard compliance checks or capital adequacy requirements. Traders should exercise extreme caution when dealing with unregulated entities.

Specific details about account types are not publicly available from independent sources. Based on the broker’s own claims, it offers an ECN trading environment, which typically includes variable spreads and direct market access. The broker likely provides the MetaTrader 4 or 5 platform, but this is not confirmed.

Without verified information on deposit minimums, spreads, or commissions, it is difficult for traders to evaluate the cost of trading. We recommend seeking brokers with transparent and audited trading conditions.

AIG Trade claims to offer forex, indices, commodities, and cryptocurrencies as tradable instruments. Leverage is advertised up to 1:500, which is exceptionally high and can amplify both gains and losses. Such leverage levels are typically restricted or banned in regulated markets due to the increased risk to retail investors.

The availability of cryptocurrencies suggests the broker may also operate as a crypto exchange, but its primary focus remains leveraged forex and CFD trading.

No confirmed information is available regarding payment methods accepted by AIG Trade. Typical brokers offer bank transfers, credit cards, and e-wallets, but without verification, traders should not assume any particular method is supported. The lack of transparency around funding is a red flag for potential clients.

We advise any trader considering this broker to clarify withdrawal procedures and any associated fees before committing funds.

AIG Trade presents itself as a forex broker but operates without verifiable regulation or independent reviews. The high leverage and lack of transparency make it a high-risk choice for traders, particularly those new to the markets. FXCanary strongly recommends conducting thorough due diligence and considering only regulated brokers with a proven track record.

If you have direct experience with AIG Trade, we encourage you to share feedback to help the trading community assess its reliability.