Search

For more information about ILLUZION Forex Broker company profile, come to WikiBit!

Rating Index

Pros

User-friendly trading platforms, including MT4/MT5, suitable for both beginners and experienced traders.
Offers a wide range of asset classes, including forex, CFDs on shares, indices, and commodities.
No minimum funding requirement, allowing traders to start with any amount.

Cons

Lack of regulatory oversight, raising concerns about the broker's legitimacy and safety.
Previous regulatory issues, including a revoked license, which may deter potential clients.
Low overall score and several negative reviews indicating potential risks associated with trading with this broker.

ILLUZION Company

Illuzion Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Illuzion Company, a notable player in the consumer services sector, was established with the vision of providing exceptional experiences in the performing arts, hospitality, and dining. While specific founding dates are not publicly documented, the company has quickly gained recognition in its field.

Parent Company/Ownership Structure

Illuzion operates as an independent entity, with no publicly available information indicating a parent company. This structure allows it to maintain flexibility and responsiveness to market demands.

Headquarters Location

The headquarters of Illuzion is located at 1 Allee Bernard Palissy, Villerest, France. This strategic location positions the company within a vibrant cultural landscape, enhancing its ability to attract both local and international clientele.

Global Business Scope

Illuzion has a global business scope, primarily focusing on the vibrant tourist destination of Phuket, Thailand. The company caters to a diverse audience, including tourists and locals, seeking entertainment and dining experiences.

Main Regulatory Bodies

As a business operating in the hospitality and performing arts sectors, Illuzion is subject to various regulatory bodies that oversee consumer services, health and safety, and entertainment regulations. In Thailand, these include the Ministry of Tourism and Sports and local municipal regulations.

Back to top

2. Company History and Development

Key Milestones

Illuzion has achieved several key milestones since its inception. These include the successful launch of its flagship venue in Phuket, which has quickly become a popular destination for entertainment and dining.

Business Expansion Journey

The company has expanded its offerings to include a variety of performances and culinary experiences, catering to a growing demand for high-quality entertainment in the region. This expansion has involved partnerships with local artists and international acts, enhancing its appeal.

Customer Base Growth

Illuzion has seen significant growth in its customer base, driven by its unique offerings and strategic marketing efforts. The company has successfully attracted both local residents and international tourists, contributing to its revenue growth.

Platform Development History

Illuzion has invested in developing its platform for customer engagement and service delivery. This includes the integration of online booking systems and social media marketing strategies to enhance customer interaction and satisfaction.

Important Awards or Recognitions Received

While specific awards and recognitions are not detailed, Illuzion's reputation as a leading entertainment venue in Phuket suggests a positive reception from both the public and industry peers.

Back to top

3. Trading Services Offered

Forex Trading Options

Illuzion does not primarily engage in forex trading, as its core business is focused on the performing arts and hospitality sectors. However, it may utilize forex trading services for currency exchange needs related to international transactions.

Stock Trading Options

As a private entity, Illuzion does not publicly trade stocks. However, it may explore investment opportunities in the future to support its growth initiatives.

CFD Trading Products

Illuzion does not offer CFD (Contract for Difference) trading products, as its business model is centered around entertainment and dining services.

Other Financial Instruments

Illuzion does not deal in cryptocurrencies or commodities directly. Its financial activities are primarily related to operational needs and customer transactions.

Special Services or Unique Advantages

Illuzion's unique advantage lies in its immersive entertainment experiences that combine dining and performing arts, creating a distinct offering that sets it apart from traditional restaurants and venues.

Back to top

Detailed Regulatory Information

Illuzion is subject to various regulations governing the hospitality and entertainment industries. Key regulatory bodies include:

  • Ministry of Tourism and Sports (Thailand)
  • Local Municipal Authorities (Phuket)

Illuzion operates as a standalone legal entity in Thailand, adhering to local business laws and regulations. The company may also engage in partnerships with local artists and international performers under contractual agreements.

Client Fund Protection Measures

As a hospitality provider, Illuzion ensures customer fund protection through secure payment processing methods and adherence to consumer protection laws.

Countries/Regions Served

Illuzion primarily serves the Phuket region, attracting both local residents and international tourists. Its focus on delivering a unique entertainment experience has positioned it as a must-visit destination for visitors to Thailand.

Compliance History

Illuzion maintains a positive compliance history, adhering to local regulations and industry standards. The company actively engages with regulatory bodies to ensure its operations align with legal requirements.

Back to top

5. Competitive Landscape

3-5 Main Competitors

Illuzion faces competition from several key players in the hospitality and entertainment sectors, including:

  1. Simon Cabaret - A well-known cabaret show in Phuket offering similar entertainment experiences.
  2. Phuket FantaSea - A cultural theme park that combines dining with theatrical performances.
  3. The Stage - Another entertainment venue that hosts live performances and events.

Positioning in the Industry

Illuzion positions itself as a premium entertainment venue, focusing on high-quality performances and exceptional dining experiences. This positioning allows it to cater to a discerning clientele seeking unique entertainment options.

Market Differentiation Factors

Illuzion differentiates itself through its immersive experiences that blend dining and performing arts. The company emphasizes high-quality service, unique performances, and a vibrant atmosphere, setting it apart from traditional dining establishments and entertainment venues.

Back to top

In conclusion, Illuzion Company has established itself as a significant player in the hospitality and performing arts sectors in Phuket, Thailand. With a strong focus on customer satisfaction and unique offerings, it continues to grow and evolve in a competitive landscape. For more information about Illuzion, including its services and upcoming events, learn more.