ILLUMINATI MARKETS Broker Review

　　

Illuminati Markets 2025 Review: Everything You Need to Know

　　In this comprehensive review of Illuminati Markets, we will delve into the broker's offerings, user experiences, and regulatory status. The overall sentiment surrounding Illuminati Markets is predominantly negative, with numerous reports labeling it as a potentially fraudulent entity. Key findings indicate a lack of proper regulation and multiple user complaints regarding withdrawal issues.

　　Note: It is essential to consider that Illuminati Markets operates under different entities in various regions, which may affect its regulatory claims and user experiences. This review aims to provide a fair and accurate assessment based on available data.

　　

Rating Overview

Category	Rating (out of 10)
Account Conditions	3
Tools and Resources	4
Customer Service & Support	2
Trading Setup	3
Trustworthiness	1
User Experience	2
Regulatory Compliance	1

　　We rate brokers based on user feedback, regulatory status, and overall trading conditions.

　　

Broker Overview

　　Founded in 2021, Illuminati Markets claims to be a global forex broker with its origins in Hong Kong. The broker offers trading through the popular MetaTrader 5 (MT5) platform, allowing access to a diverse range of financial instruments, including forex, cryptocurrencies, commodities, and indices. However, the broker's regulatory status is questionable, with claims of licenses from the Australian Securities and Investments Commission (ASIC) and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), both of which have been challenged in various reviews.

　　

Detailed Analysis

　　

Regulatory Status

　　Illuminati Markets operates without valid regulatory oversight, raising concerns about its legitimacy. While it claims to be regulated by ASIC and FINTRAC, investigations reveal that its ASIC license was revoked in 2013, and FINTRAC does not regulate forex trading directly. According to WikiFX, the broker has received a low score of 1.31 out of 10, indicating significant risks associated with trading through this platform.

　　

Deposit and Withdrawal Options

　　The minimum deposit requirement is reported to be $100, which is relatively low compared to other brokers. However, user experiences indicate severe issues with withdrawals. Many users have reported being unable to withdraw their funds, leading to claims of the broker operating as a scam. For instance, a user noted, "I deposited $1,515 and made a profit, but I was unable to withdraw" (WikiBit). This sentiment is echoed across multiple reviews, emphasizing the broker's inability to facilitate withdrawals.

　　

Trading Costs and Conditions

　　Illuminati Markets offers a maximum leverage of 1:500, which is significantly higher than the industry standard of 1:100. While high leverage can amplify profits, it also increases the risk of substantial losses. The cost structure, including spreads and commissions, is not clearly defined in the available resources, leaving potential clients in the dark about the true cost of trading.

　　

Available Assets

　　The broker claims to offer a wide variety of trading assets, including over 90 currency pairs, cryptocurrencies, indices, and commodities. However, the actual availability of these assets may vary, and user feedback suggests that the trading experience may not align with the broker's promises.

　　

Customer Support

　　Customer service is a significant concern for users of Illuminati Markets. Many have reported poor experiences, with limited communication channels available. The primary mode of support is via email, which often results in delayed responses. One user stated, "The platform fails to offer direct means of communication," highlighting the inadequacies in customer service (Valforex).

　　

User Experience

　　Overall, user experiences with Illuminati Markets are overwhelmingly negative. Many users have expressed frustration over the inability to withdraw funds and the lack of transparency regarding trading conditions. The broker's claims of high returns and a user-friendly platform have been met with skepticism, as many users report the opposite.

　　

Conclusion

　　In summary, the Illuminati Markets review reveals a broker that operates under questionable regulatory claims and has received numerous complaints from users regarding withdrawal issues and overall trustworthiness. With a low rating across multiple categories, potential traders are strongly advised to exercise caution.

　　As always, it is crucial to conduct thorough research and consider alternative, well-regulated brokers to ensure a safe trading experience.