Illuminati Markets Limited is a forex broker registered on its official website on December 2, 2023. The company primarily offers financial trading services, including forex, precious metals, crude oil, and stock indices, to investors. The headquarters address of the company has not been disclosed. The broker does not provide services to jurisdictions where it may violate local laws or regulations.
Corporate registration information and regulatory status:
Public information on the Illuminati Markets Limited website indicates that it holds a license from the National Futures Association (NFA) in the United States, with license number 0557249. However, the registration entity information for the broker is not disclosed.
Upon verification, it was found that the broker is registered with the NFA as a non-member entity and is not under its supervision. Additionally, no other regulatory information was found for the broker, indicating that it operates without regulatory oversight.
Account Opening:
To open an account with Illuminati Markets Limited, one can visit the broker's official website, click on "OPEN REAL ACCOUNT" on the homepage or the upper right corner, enter personal email address and set a login password. After submission, the registration is complete, and users need to undergo a complete identity verification process to deposit and start trading.
Account Information:
The broker claims on its website that all investment products provide leverage from 1:1 to 1:100, with a minimum deposit amount of $100. Fixed spreads are offered to users.
Trading Platform:
Illuminati Markets Limited provides the MT5 trading platform for users, including both mobile and desktop versions.
Deposits and Withdrawals:
The broker does not disclose the supported deposit and withdrawal methods on its official website.
Contact Information:
Users can contact Illuminati Markets Limited for customer support services via phone at +1 2166948511 and email at [email protected].
Summary:
Traderknows advises investors that the corporate registration information of Illuminati Markets limited is opaque, and it has not obtained authorization and effective supervision from any official financial regulatory authority in any jurisdiction. It is recommended that investors stay away from this platform when choosing a trading platform and opt for platforms with transparent registration and regulatory information and a good reputation to avoid unnecessary financial losses.
Currently, the broker has been marked as "suspected fraud" on Traderknows.
