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

In this section we will tell you why You should NOT invest in Lumina Group. We analyze the website, we observe every detail and we 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…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Lumina Group and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteluminagroup.io
🏠 Company*Lumina Group services
RegulatoryNot regulated
📧 Email[email protected]
📈 LeadingWeb trader
📌 Directionunknown

⚠️ Lumina Group is owned by Lumina Group services, the company does not mention where is located, potentially dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we are going to analyze the types of accounts that Lumina Group offers, in this case, we observe that it offers 3 different types of accounts:

Account typeMinimum initial deposit
Student$250
Pro$1000
Pro +$2499

Information on the web

Lumina Group website

Lumina Group provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, informative videos, live charts, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 Lumina Group Final Valuation 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Lumina Group.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about Lumina Group:

Date Update – news
October 2022We receive a large number of messages from Lumina Group clients who claim that they cannot withdraw their capital.

User Reviews

[democracy id = ”5589 ″]

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

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


How to Claim Money Scammed by Lumina Group

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 Lumina Group

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

How can I report Lumina Group?

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 Lumina Group a scam – is it scam?

Yes. We believe that Lumina Group is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is Lumina Group trustworthy?

No. Lumina Group is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from Lumina Group?

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.

Are there (recommended) alternatives to Lumina Group?

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

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 «Is Lumina Group a scam? 2023 Reviews»

  1. Wanda Reply

    I invested in the lumina group and they always called me to invite more money. I told him that I didn't have any more and I told him to return my investment and he got angry and I understood that they were not going to return it to me because he says that it was a lot of expense to return it that money

    • Recommended-brokers.com Reply

      Hi Wanda, thank you for your comment about Lumina Group. This broker is considered a SCAM. We suggest NOT sending money, they lie to rob you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

    • Recommended-brokers.com Reply

      Hello Ona-99, thank you for your comment about Lumina Group. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

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