AIKO MARKETS

AIKO Markets is an online trading platform registered in the United Kingdom since May 2021, operating from the domain aikomarkets.com. The broker presents itself as a multi-asset trading provider, catering to both novice and experienced traders. However, it is important to note that AIKO Markets does not hold any known regulatory licenses, which is a significant factor for traders to consider.

The platform supports trading in foreign exchange, cryptocurrencies, stocks, indices, and commodities. It emphasizes accessibility, stating that users can start trading with a deposit as low as $10 and utilize leverage up to 1:500.

Based on verified records, AIKO Markets is not regulated by any financial authority. The company is registered in the United Kingdom, but this registration does not imply financial regulation or oversight. The absence of regulation means that traders do not have access to protections such as negative balance protection, compensation schemes, or dispute resolution services typically provided by regulated brokers.

Traders are advised to exercise caution, as unregulated brokers carry higher risks, including potential issues with fund security, transparency, and recourse in case of disputes.

AIKO Markets offers three account types: Scalp, True ECN, and Elite. The Scalp account is designed for traders focusing on forex, gold, and silver, with a raw spread from 1 pip and a $14 commission fee. The True ECN account provides a broader range of instruments including MFX, indices, commodities, metals, stocks, and cryptos, with a $7 commission fee and a minimum lot size of 1.2. The Elite account requires a minimum deposit of $25,000 and offers the same instruments with a $10 commission fee and spreads from 2 pips. All accounts feature maximum leverage of 1:500 and use the TradeLocker platform with ECN/STP execution.

Each account type is tailored to different trading styles and capital levels, from retail traders to high-net-worth individuals. The broker also promotes a trading challenge with a $10,000 prize pool to attract new clients.

According to the broker's website, AIKO Markets offers over 138 forex pairs and 14 cryptocurrencies, along with indices, commodities, and stocks. The primary trading platform is TradeLocker, a web-based platform that does not require downloads. The broker also mentions MetaTrader 4 for its trading challenge, suggesting potential platform options.

Instruments are available across all account types, though the Scalp account is limited to forex, gold, and silver. The broker states that execution is True ECN & STP, which may imply direct market access and no dealing desk intervention.

AIKO Markets does not provide detailed information on deposit and withdrawal methods on its main pages. However, the FAQ and account sections suggest that funding is available after account creation. The minimum deposit is implied to be $10 based on promotional material. Traders are advised to review the broker's terms and conditions for specific banking options, fees, and processing times.

Given the lack of regulation, the security of funds during deposits and withdrawals is a concern, as there is no independent oversight of the broker's financial practices.

The broker claims to offer 24/7 customer support via a contact form and a callback request system. There is also a FAQ section covering topics such as account creation and platform usage. The website includes a 'Insights' blog with articles on trading strategies and market analysis, aimed at educating traders.

Support is available through email and phone, but there is no live chat or direct contact number prominently displayed on the site. The broker's social media presence includes Instagram and Twitter, as indicated by links on the website.