Review summary
Daicha Iconic Markets Ltd is a forex broker established within the last 1-2 years, registered in Saint Lucia. The company operates without a valid mainstream forex trading license, meaning it lacks the oversight of a recognized financial regulatory authority. According to WikiFX data, the broker’s overall score stands at a low 1.28, reflecting significant regulatory and risk management shortcomings. Public exposure on WikiFX highlights issues regarding profit denial and withdrawal delays, with one user reporting account suspension after making gains. On the trading side, Daicha offers three account types: PREMIUM (minimum deposit $5,000, spreads from 0.8 pips, leverage up to 1:300), STANDARD ($500 minimum, spreads from 1.2 pips, leverage up to 1:200), and REGULAR ($100 minimum, spreads from 1.5 pips, leverage up to 1:100). All accounts support scalping, hedging, and EA usage. While the broker provides these trading options, the absence of credible regulation and the documented user complaints suggest traders should exercise caution when considering this entity. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-16)
