The Luxtious review is a comprehensive source of information that provides users with the most relevant information. Based on the data now available regarding this online broker, it can be stated that this entity operates under the jurisdiction of Intermarkets Corp, a registered corporation based in the Comoros. The jurisdiction of Comoros is known for its lack of regulation with regard to financial entities.
What Is the Luxtious Broker?
The Luxtious review demonstrates that the overall experience of trading with Luxtious would be minimal because this broker has not been given any actual regulatory oversight. Luxtious claims to have registered under the MWALI INTERNATIONAL SERVICES AUTHORITY; however, the MWALI INTERNATIONAL SERVICES AUTHORITY has since cancelled its registration with Luxtious.
Additionally, the website of Luxtious is currently down, which is another indicator of this broker being non-compliant, as there are still traders currently attempting to trade using their platform. It is concerning that the company’s history listed on their website reveals there is no true operational accountability or transparency.
Who Is Behind Luxtious?
Although Luxtious is operated through Intermarkets Corp Ltd., very little is known about them. There is no designated management team, no record of who founded it, and no information on its ownership structure. Legitimate brokers typically supply verifiable details concerning those running their business. The lack of transparency regarding personnel is among the more prevalent types of scams employed against retail investors in financial markets.
5 Red Flags of the Luxtious Broker Scam
1. Cancelled Regulation
Luxtious lacks regulations. They had a MISA, but they cancelled it completely, which offers no oversight on client funds or dispute resolutions.
2. Website Currently Offline
The Luxtious website does not work. This happens when an active broker goes dark with no notice. This indicates they may be closing down or undergoing a rebranding.
3. Severe Withdrawal Issues
A complaint on WikiFX from a user stated that after depositing 400 Euros and then later depositing 3,000 Euros, their account was locked and could not trade, withdraw, or contact a representative if they ever needed to again. The user called daily prior and now could not get any help whatsoever àthis is a classic scenario for a Luxtious withdrawal issue.
If you have had withdrawal problems with Luxtious, you should document every transaction and every communication right away. Reporting early on may prevent you from losing more money and might also assist other members who have had the same problems.
4. Zero Transparency
Luxtious has no record of founding, leadership team, or company history — an enormous red flag for any investor looking for additional information before making their investment decision.
5. Poor Trust Ratings
There are many documented complaints regarding Luxtious. On Trustpilot, they have only a 2.3 rating, and real user reviews continually state their accounts are blocked, support does not respond, and they cannot withdraw funds.
Where to Report the Luxtious Broker Scam?
Practical Steps for Victims and Suspicious Investors
- Store all your screenshots, transaction details, and any correspondence with Luxtious.
- Submit a complaint to your respective financial regulatory authority with complete proof.
- Write legitimate reviews and post them on Trustpilot and WikiFX websites about your experience in an effort to alert others to Luxtious.
- Obtain assistance from professionals who specialize in online broker fraud.
- File a complaint using an anonymous method that is safe and secure.
Individuals who have seen suspicious Luxtious activity can submit evidence for expert investigators. By sharing your experience, you may help others not to have a similar experience.
Take Action: Report Luxtious Today
Victims of Luxtious online investment fraud allow these scams to continue by remaining silent. Reporting to authorities is the best option for all victims of Luxtious including traders having difficulty withdrawing funds or investors who suspect that something is wrong with their investments.
To file a formal complaint against Luxtious, go to Scams Report to submit your evidence and information securely for expert review. Your report would help prevent other people from losing their money to this suspicious broker.
Be aware and vigilant. If you have been a recipient of a Misleading Luxtious Scheme, do not wait — report today.
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