LuxisTrade
About LuxisTrade Company
LuxisTrade presents itself as a prominent trading entity, but its core function is that of a brokerage service. LuxisTrade specializes in offering high-profit opportunities across four primary avenues: currency pairs, indices, stocks, and commodities. The primary objective of LuxisTrade is to assist traders in investments and transactions while ensuring a positive client experience.
Global Presence
Analysis of LuxisTrade’s official platform indicates active engagement with users from diverse geographical locations. However, predominant traffic originates from Russia and Brazil, as well as Madagascar and Ukraine.
Official Background
LuxisTrade asserts a decade-long presence in the market, despite emerging online references only surfacing in December 2019. The LuxisTrade official website identifies Mitz Holdings Ltd., registered in Saint Vincent and the Grenadines, as the proprietor of the brand and web platform. Additionally, LuxisTrade aligns with a payment agent, Mitz Partnership OÜ, registered in Estonia.
Trading Conditions
LuxisTrade structures its offerings into six account categories, categorized as beginner and professional tiers. The beginner tier comprises “Novice,” “Investor,” and “Progressive” accounts, with minimum deposits ranging from $250 to $5,000.
At the professional tier, clients can access “Elite,” “Advanced,” and “Professional” accounts, requiring deposits ranging from $25,000 to $100,000. LuxisTrade ensures multilingual support services and operates on the MetaTrader 4 platform.
Besides “real accounts,” LuxisTrade extends alternative collaboration options like demo accounts and forex investment accounts.
Account Management and Security
On the LuxisTrade platform, users can oversee financial operations, review transaction histories, and verify their accounts by submitting colored scans of personal documents. Identity and residency confirmation necessitate various documents, including a payment card.
Education and Analytics
LuxisTrade tailors its website towards novices, offering insights into trading strategies and financial markets. While lacking a dedicated “Education” section, valuable resources are dispersed throughout the platform. LuxisTrade does not publish regular analytical reviews.
Contact Details
For communication with LuxisTrade, support phone numbers, compliance@luxistrade.io, and support@luxistrade.io email contacts are available. The company also provides a feedback form on its website.
Final Thoughts
LuxisTrade accentuates five compelling motives for collaboration: high profitability, personalized client approach, round-the-clock assistance, narrow spreads, and low minimum deposits. However, the broker’s reputation is mixed, emphasizing the significance of considering fellow traders’ opinions prior to engaging with LuxisTrade.
This review has been prepared by the specialists at ExpertsReview.