Reported as a scam / unregulated
Why Aiwa FX is on the register
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.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.