In this new AIO Markets review, we introduce you to yet another scam project. This fraudulent broker primarily targets European traders. However, like most similar pseudo-companies, it provides misleading legal information and promises a high level of service and security that it cannot deliver. In short, we’ve seen this all before and are ready to prove that trading on this platform offers users only one opportunity — to lose all their investments. You’ll find our arguments below.
Brief Overview
- 🖥Official Website: https://www.aiomarkets.co/
- ✈️Contact Address: Michael Zavou 102, Agios Athanasios 4107, Cyprus
- 📞Customer Support: [email protected]; +35722032135 (Cyprus), +442033269029 (UK), +27445140309 (South Africa), +61240576474 (Australia)
- 🔐Licensing and Accreditation: no
- ⏳Track Record: since 2024
- 🧰Specialization: Forex & CFD broker
- 🤝Terms of Cooperation: min deposit $250
- 💰Additional Services: no
Aiomarkets.co Examination
The developers of the official AIO Markets website used one of the worst templates available. Only the homepage looks appealing, while the rest, consisting solely of text content, leaves a disheartening impression. However, the main issue with this web resource isn’t even the design, but the content of the pages. It’s quite strange to see:
- Incorrect links (for example, the link to the Security page somehow leads to the Home page).
- A document titled Terms and Conditions opens when you click on Regulation and Authorization.
- A non-working link to download the desktop version of the trading platform.
- Completely uninformative texts that are utterly useless for traders. For instance, users would expect to see contract specifications in the Products section, but instead, they get amateurish descriptions of available markets and types of assets.
Moreover, the broker forgot to include (or simply didn’t know that they should include):
- Information about commission sizes, trading, and other fees.
- Information about methods for depositing funds and withdrawing money.
- Payment details.
- Financial reporting, etc.
In short, it doesn’t look like this site belongs to a real broker. It resembles the work of an amateur who wishes to pass themselves off as a real company, collect traders’ money, and then disappear with it. And that’s exactly the case; scammers created AIO Markets for this very purpose.
Company Contacts
The Contact Us page on the AIO Markets website is not much different from those of many other scammers. On it, the broker has included:
- A contact form.
- The office’s postal address.
- Phone numbers in Cyprus, the UK, Australia, and South Africa.
- An email address.
It’s an absolutely standard set of information with the same standard blunders. For example, the company lists an office address in Agios Athanasios, Cyprus, while the phone number is in Nicosia. They also indicate that the call center operates from 10:00 AM to 7:00 PM in GMT+3, completely unaware that Australian users are asleep during this time, making the Australian phone number utterly useless.
As is traditional, AIO Markets has also failed to set up an online chat feature on their pages. It seems that no one here is interested in promptly addressing client inquiries. This is especially strange since we couldn’t get through to them on the provided phone numbers.
As is customary, the broker does not have links to social media pages. Either they have nothing to publish in groups and channels, or they do this intentionally to cut off unwanted registrations. We’ve seen scammers behave this way before, so there’s no doubt about the broker’s legitimacy.
Key Conditions
We’ve already noted that AIO Markets does not disclose trading conditions to site visitors. Thankfully, they did not forget to publish a table with the types of accounts.
They offer clients four pricing plans:
- Basic Trader with a minimum deposit of $250.
- Intermediate Trader with a minimum deposit of $25,000.
- Advanced Trader with a minimum deposit of $55,000.
- Premier Trader with a minimum deposit of $100,000.
The table only provides specific information about the minimum deposit for various account types and the number of available trading assets. It’s hard to imagine a trader who needs 15,000 instruments and is willing to pay $100,000 for access to them. Perhaps such originals exist.
However, other aspects of the pricing plans raise, let’s say, some questions:
- Why is there such a significant (100-fold) difference in the initial deposits between Basic and Intermediate when the conditions are only slightly different?
- From which sources does the broker pay interest on the balance of funds in accounts?
- What does “Competitive spreads” mean, and why do they promise “Tight market spreads” for the Premier plan? Are the spreads on the other types of accounts truly competitive?
- Where did AIO Markets staff see the trading terminal MT6 that they promise to provide on the highest plan?
In short, there are more questions for the broker’s specialists than answers. However, we’ve mentioned before that the amateurish touch is evident throughout the site, indicating a lack of understanding of how to provide brokerage services. Here we find yet another confirmation of that.
Exposing AIO Markets
Of course, clients whom the company’s managers have convinced that they won’t find a better place for trading in financial markets may argue that our conclusions above are not obvious. Well, we will try to convince them as well by analyzing the official information published by AIO Markets.
Let’s start with the registration location. The company provides only one address in Cyprus. Furthermore, in all documents, they claim to be located in this country and operate under its laws. We just need to check the information about AIO Markets LTD in the business registry.
We really didn’t want to disappoint the firm’s ardent supporters, but we have to. A search in the Cyprus registry showed that there is no company with that name. However, it is not surprising that the owners of this scam project came up with a solid name and declared a registration location suitable for operations in Europe. They expect that their future clients, mostly beginners in trading, won’t check the published information and will take it at face value.
This AIO Markets review is written precisely for such users. We must state the fact: the broker has no official registration and provides only virtual services online. Moreover, an unregistered company cannot expect to obtain a license from the local financial regulator, CySEC, or any other. Without such authorization for brokerage activities, its operations are completely illegal.
However, the company misleads traders not only regarding the registration location. For instance, on the main page, the broker shamelessly displays information about prestigious industry awards and accolades received in 2022-2024. After all, who wouldn’t want to work on a platform that has been recognized in such a way?
This information is also not trustworthy. The domain aiomarkets.co, on which the official project website operates, was registered only in April 2024, according to whois service data.
This means that the broker could not have started operations before then. Therefore, the claims about awards received in 2022 and 2023 are nothing but deception. To be fair, the domain aiomarkets.co is far from being the first one used by the company. Previously, their website was hosted on the same name domains in the .com and .net zones, but for some reason, those pages no longer open. Could the reason for this be the significant number of reviews labeling the platform as a scam?
Are there still those willing to work with this company? Do you think it’s safe to trust them with your money?
What Reviews Do Users Leave?
During its operation, the broker has managed to collect a decent collection of publications online. The majority of AIO Markets reviews can be found on the reviews.io website. Users have commented on both previous websites and the currently active one.
At first glance, it seems that the comment statistics look quite good, although the overall rating is rather mediocre (slightly above 3). However, upon reviewing the posts, everything falls into place. Initially, there are more posts rating the company a 5, and less frequently a 4 out of 5. They praise it without any specific information. It’s clear that these have been written on demand by authors who have a vague understanding of the broker’s specifics.
However, as time goes on, ratings change to 1 and 2 out of 5. The number of users who have become victims of scammers is growing, and many of them are unwilling to remain silent. Experts on specialized portals also agree with these opinions. Here, the rating of AIO Markets ranges from 1 to 2, with many comments about the broker featuring a plethora of terms like “scam” and “fraud.”
Conclusions
In conclusion of our AIO Markets review, we summarize: the broker was created by scammers, and traders who do not wish to lose their money should steer clear of it. This is evident from their operation without registration and licensing and the publication of misleading information on the website. Moreover, the company hides all the most important information from users. The authors of online comments agree with us, labeling the project a scam.
Pros/Cons
- A nicely designed homepage of the official website.
- A low entry threshold, requiring only $250 to start trading.
- The information about the company operating in Cyprus is misleading; the company has no official registration in this country.
- The broker lacks licenses from both the local financial regulator CySEC and other similar organizations.
- Claims about the company having numerous awards and accolades are fake.
- The website pages lack trading conditions and other important information.
- Payment details of the platform are also hidden, along with methods for conducting non-trading operations.
Trading at AIO Markets is an extremely dubious experience. When I did this in the past, quotes didn’t fluctuate erratically; everything was relatively stable, and price movements could be predicted. But here, the program doesn’t work properly, and clients complain that everything is fine with competitors’ charts. It’s complete chaos, especially with my not-so-small deposit of $20,000. Clients are not valued here, and the administrators don’t want to resolve our issues. So draw your own conclusions, but it seems to me that this broker is just a common scammer.
I was persuaded to trade at AIO Markets by the company’s managers. On the phone, everything sounded very appealing. But in reality, it’s just a nightmare. There’s no assistance; support hasn’t answered any of my questions. Naturally, I quickly lost half my deposit. But I can’t even withdraw the remainder – my request hasn’t been processed; they keep finding different reasons for over a month. It seems I can forget about that money. It’s a shame I encountered scammers; I would have genuinely liked to work with the conditions they promised.