Financial intermediary LUXE Trading positions itself as a premium broker that combines the principles of luxury, innovation, and opportunity. The company claims its mission is to provide traders with a platform that goes beyond the standard trading experience.
According to company representatives, Luxe Markets focuses on creating a comfortable and technologically advanced environment for trading in financial markets. The company notes that its team consists of specialists with many years of market experience, which, as stated, ensures clients receive professional guidance and consulting support.
Among its key advantages, the broker highlights:
An elegant and user-friendly interface
Advanced trading tools
Educational resources
Round-the-clock customer support
Enhanced security standards
Customized solutions
Thus, Luxe Markets presents itself as an innovative broker focused on high-quality service and a luxurious trading experience.
However, despite claiming to hold an FSCA license in South Africa (license number FSP 51885), no project launch date or supporting registration and licensing documents could be found on the official website.
The broker operates under several domains: luxemarkets.forex and my.luxemarkets.forex. The provided contact details include the phone number: 021 045 1379, and the headquarters address: 9th Floor, On 5th, Atrium on 5th Street, Sandhurst, Johannesburg, Gauteng, 2196.
Account Registration on luxemarkets.forex
To register on the website, you must fill out a form with your personal and contact details. You must also complete authorization and verification.
Available Markets and Trading Platform of LUXE Trading
The LuxeMarkets platform is available in a web version, as well as through the iOS and Android apps, and combines modern tools, analytical solutions, and educational materials, which, according to the broker, makes trading more accessible and understandable.
Customers have access to:
cryptocurrencies,
currency pairs,
commodities,
precious metals,
indices, and more.
Trading Accounts of the Broker Luxe Markets
The company offers several types of accounts:
Micro: R100 / $5, leverage 1:500, spreads from 1.3 points, no commission, margin call 50%, stop out 30%, swaps available.
Pro: R1,000 / $50, leverage 1:500, spreads from 1 pip, no commission, margin call 50%, stop out 30%, swaps available.
VIP: R25,000 / $1,250, leverage 1:500, spreads from 1 pip, zero commissions, margin call 50%, stop out 30%, swaps available.
Standard: R100 / $5, leverage 1:500, spreads from 1.3 pips, no commissions, margin call 50%, stop out 30%, swaps available.
Bonus 200 Account: R250 / $15, 200% deposit bonus, leverage 1:500, spreads from 1.3 pips, zero commissions, margin call 50%, stop out 20%, swaps available.
Islamic: R10,000 / $500, leverage 1:500, spreads from 1.3 pips, zero commissions, margin call 50%, stop out 30%, no swaps.
Depositing Funds and Withdrawing Money from LUXE Trading
The payment methods section states that there are various methods available, but does not specify which ones. It is likely that these include bank transfers and payment cards. Withdrawal limits and fees are not specified. Withdrawals are processed within 24 hours.
Brief Conclusion about LUXE Trading
Despite offering trading and affiliate programs, the broker does not provide any real evidence of registration and licensing. The trading conditions are not fully disclosed. Therefore, before working on the platform, it is important to study reviews of LUXE Trading on independent resources.
