✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company Illuxor is a safe company or an untrustworthy company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about Illuxor and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websiteilluxor.net
🏠 Company*Illuxor LTD
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 AddressHadjikyriakeion Bld, Prodromou 1 121-1st Floor, Cyprus | 4 Kronshtadtskaya st., 9, St. Petersburg, Russia | 9th Floor, Gulf Towers-A2 – Oud Metha Rd – Dubai – United Arab Emirates
🕑 Website ageWebsite registered on: May 24, 2023
Company typeCryptocurrency, CFDs, Forex and Commodities Broker

Company: Illuxor appears to be owned by Illuxor LTD, although we have found no official registration data to support this claim.

Location: The company mentions being located in Cyprus, Russia and the United Arab Emirates, but we believe this is false information.

We can already tell you that we are concerned about several characteristics of this company.

What is Illuxor?

After having carried out an analysis of the company's website, we can say that Illuxor is a: cryptocurrency, cfds, forex and commodities broker.

Account types

The platform offers 6 different types of accounts:

account typeminimum initial deposit
Test$250
Basic$1,500
Standard$5,000
Standard+$25,000
Advanced$50,000
Pro$100,000

Information on the web

Illuxor website

Here we show you a screenshot of the Illuxor website, which is illuxor.net. The capture was made in JANUARY 2024.

Contact: phone numbers and email

1) After having performed an analysis of the website:

– We have found the following email: [email protected]

Illuxor Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 Final Illuxor Rating 🚫

The situation with Illuxor is alarming and clearly points to deceptive and fraudulent practices by this broker. The lack of registration, the use of fake licenses and multiple fake addresses in Cyprus, Russia and the United Arab Emirates indicate a complete lack of integrity.

The lack of regulation is a serious signal to investors, as it leaves those who rely on Illuxor without essential protections. The lack of genuine information, including the omission of official registration data, highlights the opacity surrounding this broker.

The complaint by financial regulator CySEC is the icing on the cake, confirming that Illuxor not only lacks regulation, but has also drawn the attention of financial authorities for questionable practices.

The recommendation is clear and forceful: avoid Illuxor at all costs. The presence of fake licenses, lack of regulation, and reporting by the financial regulator are clear signs that this broker is a potential scam. Protecting your capital and financial well-being is essential, and trusting a broker with these warning signs could have serious consequences. Look for safer and more reliable alternatives on the market to safeguard your investments.

Updates

Illuxor news:

Date Update – news
December 2023Complaint against Illuxor financial regulator CySEC

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”9179 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Illuxor.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Illuxor

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Illuxor

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to Illuxor?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Illuxor?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Illuxor reliable?

No. Illuxor is not trustworthy, it is a very unsafe company: 1) we do not know its true location 2) It is not regulated by any responsible authority 3) The website is relatively new, which shows a lack of experience 4) has warnings from financial regulators

How to recover money from Illuxor?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

4 comments on «Illuxor: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Nadezhda Naumova Reply

    Hello. My name is Nadya. I invested a lot of money in this company. At first it seemed like everything is going well. I took a loan from the bank and invested it too. In the end I didn't get any money back.

    • Recommended-brokers.com Reply

      Hello Nadya, you can recover the money with us, thank you for writing about Illuxor. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

  2. Kevin R. Reply

    They are pressuring me to invest here, but I don't want them to steal my money or scam me. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hi Kevin R, thanks for writing about Illuxor. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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