DAIO Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-21 16:10

Abstract：Daio describes itself as a brokerage founded in 2022 and registered in Saint Vincent and the Grenadines. It offers traders 100+ trading instruments, 3 kinds of accounts. It is currently unregulated.

DaioReview Summary
Founded	2022
Registered Country/Region	No regulation
Regulation	Saint Vincent and the Grenadines
Market Instruments	CurrencyMetalsCommoditiesCryptocurrenciesSharesIndices
Demo Account	❌
Leverage	Up to 1:3000
Spread	Low
Trading Platform	/
Min Deposit	$10
Customer Support	Email: support@daio.co
	Social Media: Facebook, Twitter, Instagram, Youtube, Linkedin
	Physical Address: Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont, Kingstown, St. Vincent & the Grenadines

Daio Information

　　Daio describes itself as a brokerage founded in 2022 and registered in Saint Vincent and the Grenadines. It offers traders 100+ trading instruments, 3 kinds of accounts. It is currently unregulated.

Pros and Cons

Pros	Cons
100+ trading instruments	No regulation
No swaps	No trading platform information
Minimum deposit $10	Not clear Spread information
	No payment method information

Is Daio Legit?

　　Daio is registered on its official website until 2023, but currently operates in an unregulated state.

What Can I Trade on Daio?

　　Daio says it offers 100+ instruments with a variety of currency pairs, including primary, secondary and exotic options; A market index such as the S&P 500 or Nasdaq; Precious metals investment opportunities, such as gold, silver and platinum; Commodities such as Brent and WTI; Cryptocurrencies such as Bitcoin, Ethereum and other options; It is also possible to trade CFDS on the world's largest companies, from Apple to Amazon.

Tradable Instruments	Supported
Currency	✔
Metals	✔
Commodities	✔
Cryptocurrencies	✔
Shares	✔
Indices	✔
Bonds	❌
ETF	❌

Account Types

　　Daio has 3 types of accounts for traders to choose from: Cent Account, Standard Account, PrO ECN Account.

　　Their minimum deposit requirements range from as low as $10 to as high as $100. All three types of accounts charge no commission and support low spreads. Leverage up to 1:300.