✔️ Information reviewed and updated in March 2024 by Eduardo López
IS Illuxor RELIABLE? OPINIONS
In this post I will analyze Illuxor. Is Illuxor cryptocurrency broker (with illuxor.net website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.
I will explain to you why I think Illuxor is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!
ℹ️ BROKER DATA:
Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.
Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.
|About the company
|Mentions being located in Russia
|️ ️ Phone number
|442080892276 – 79601303319
|📧 Email Address
|???? Live Chat
|💳 Payment methods
|❓ Company type
📞 LIST OF PHONE NUMBERS:
442080892276 – 79601303319
💰 DEPOSITS AND ACCOUNTS:
Here is a small analysis of the types of accounts that Illuxor offers; They are divided into 6 accounts. Here is a table with a little more information about minimum deposits by type of account.
|TYPE OF ACCOUNTS
|MINIMUM INITIAL DEPOSIT
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
- Age of the website: the domain “illuxor.net” was registered on May 24, 2023. That is, it is a website that is not very old. 🚩
- The website mentions which company it belongs to, but I have not been able to find “Illuxor LTD” in the company records. I think it may be a fake company. 🚩
- As I mentioned before: the company does not mention being regulated, which makes me think that it is an unregulated company. 🚩
⭐ Illuxor OPINION:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The company mentions being located in Russia, but I think they are trying to mislead about their location. I recommend extreme caution.
2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.
3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “illuxor.net” was registered on May 24, 2023. It is very recent.
4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.
5) The company has been reported by the following financial regulator(s): CySEC, Cyprus Financial Regulator. It is a very unsafe company, be careful.
“To be honest with you, I would not invest in this type of company: it is not regulated. Mentions belonging to a company Illuxor LTD. Which apparently is a fake company. I honestly cannot recommend a company of this type.”
💬 WHAT TO THINK OF A COMPANY LIKE Illuxor?:
Illuxor presents itself as a broker that raises serious doubts about its legitimacy and reliability from the beginning. Although it claims to be located in Russia, there are reasons to suspect that this information is false, which adds an additional layer of uncertainty about the broker's transparency and honesty. The lack of precise information about its physical location is a red flag for investors, as the veracity of this information is crucial to evaluate the regulatory jurisdiction and supervision to which the platform is subject.
A particularly worrying aspect is the lack of regulation of Illuxor. Financial regulation is essential to ensure the safety and legality of a broker's operations, as well as to protect the interests of investors. The lack of regulatory oversight leaves investors exposed to significant risks, as there is no external entity to verify and ensure that Illuxor's business practices are ethical and legal.
Furthermore, adding to the concern is the fact that Illuxor has received a formal complaint from regulator CySEC, the Cyprus Financial Regulator. This specific complaint suggests the existence of irregular or fraudulent activities, which should be reason enough for investors to avoid any type of financial relationship with this broker.
📣 LATEST UPDATES:
1) Update January 2023: la CySEC, Financial Regulator of Cyprus, has denounced Illuxor.
✔️ CLAIM MONEY FROM Illuxor:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT Illuxor:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
Illuxor is a CFD, Forex and Cryptocurrency investment company.
In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.
Illuxor is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have lost your money or been scammed, I recommend you try the capital recovery service.