✔️ Information reviewed and updated in December 2023 by Eduardo López
Opinions and information about the LuxIsTrade broker
¿Is the broker LuxIsTrade (aka luxis-trade.io) really trustworthy? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
✔️ The LuxIsTrade broker, is a broker of: Forex and CFDs.
✔️ The broker mentions be part of: Mitz Holdings Ltd.
✔️ LuxIsTrade is based in: Saint Vincent and the Grenadines.
✔️ If we talk about regulation, the LuxIsTrade broker does not mention absolutely anything about being regulated, LuxIsTrade is an unregulated broker.
We will continue to analyze the different account types that LuxIsTrade offers. In the case of LuxIsTrade we note that it has 6 different plans or types of account: Newbie Account, Depositor Account, Progessive Account, Elite Account, Advanced Account (1) and Advanced Account (2).
🔹 Newbie account- $ 250 minimum initial deposit, +25 trading instruments, fixed / floating spreads, personal account manager, multilingual support, micro-lot trading.
🔹 Depository Account- Minimum initial deposit of $ 1.000, +150 trading instruments, fixed / floating spreads, personal account manager, multilingual support, micro-lot trading, 30% account protection.
🔹 Progressive account- Minimum initial deposit of $ 5.000, +200 trading instruments, fixed / floating spreads, personal account manager, multilingual support, micro-lot trading, 40% account protection.
🔹 Elite Account- $ 25.000 minimum initial deposit, +250 trading instruments, fixed / floating spreads, mentor training program, multilingual support, micro-lot trading, 50% account protection, 20% account bonus.
🔹 Advance Account (1)- $ 50.000 minimum initial deposit, +300 trading instruments, fixed / floating spreads, personal account manager, personal analyst, multilingual support, micro-lot trading, 60% account protection, 50% account bonus.
🔹 Advance Account (2)- $ 100.000 minimum initial deposit, +300 trading instruments, fixed / floating spreads, personal account manager, personal analyst, multilingual support, micro-lot trading, 70% account protection, 60% account bonus.
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🔸 The platform used to trade is: MT4 platform.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we see some explanations of the products that LuxIsTrade offers, explanation of basic concepts of the world of investments, news of financial events, really not much else.
Additional information about the company
🔸 Phone number: +44-161-394-10-84
🔸 Website: luxis-trade.io
🔸Clarification: If you think that our review is not correct, or you have a different opinion, we invite you to leave a comment in this same section - evaluation.
* Bonuses or promotions: None by the moment
With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️.
⛔ Attention ⛔: Union Stocks, Luxinvestment and FANTEX are linked to the Felicity Group LTD company, a company accused of defrauding many people, with a very bad reputation, and with complaints from various financial regulators.
Why? It is an unregulated broker and it is also located in a very insecure country for these activities (Saint Vincent and the Grenadines), on the other hand, when looking for information and other evaluations about LuxIsTrade we found a large number of negative reviews.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
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