WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Lumina Group

United States|2-5 years|
High potential risk|

https://luminagroup.io/

Website

Rating Index

Contact

support@luminagroup.io
https://luminagroup.io/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

Lumina Group

Abbreviation

Lumina Group

Platform registered country and region

United States

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Lumina Group · WikiFX Survey

Users who viewed Lumina Group also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

Decode Global

8.64
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)
Official website

CPT Markets

8.60
Score
10-15 yearsRegulated in United KingdomMarket Making(MM)
Official website

GTCFX

8.11
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)
Official website

Lumina Group · Company Summary

Since Lumina Groups official website cannot be opened for now, we could only piece together the rough picture of this broker through gathering some relevant information from other websites.

Basic Information
Registered Countries N/A
Regulation No License
Minimum Deposit € 250
Maximum Leverage 1:500
Minimum Spread From 0.1 pips
Trading Platform N/A
Trading Assets N/A
Payment Methods N/A
Customer Support Email Only

General Information

Lumina Group says it is an online trading platform providing clients with the opportunity to trade various financial instruments through multiple trading accounts, with the maximum trading leverage up to 1:500.

It is clear that Lumina Group is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.05/10. Please be aware of the risk.

wikifx

Account Types

Believe or not, Lumina Group provides a total of 9 types of tiered trading accounts for clients to choose from, namely Student, Pro, Pro+, Professional, Expert, Business, Platinum, and Luxury. To open a most basic account, 250 euros is needed. And the most expensive trading account, the Luxury account, requires the 100,000 euros.

Account Types Minimum Deposit Minimum Spreads Maximum Leverage
Student €250 0.1 pips 1:10
Pro €1000 1.2 pips 1:20
Pro + €2500 1.3 pips 1:50
Professional €2500 0.1 pips 1:100
Expert €10,000 1.2 pips 1:20
Business €25,000 0.1 pips 1:400
Platinum €75,000 1.2 pips 1:450
Luxury €100,000 1.3 pips 1:500

Leverage

When it comes to leverage, Lumina Group provides its customers with access to 1:500, which is greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Customer Support

Lumina Group offers the poor customer support and clients can only get in touch with this broker through an email: support@luminagroup.io.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
None Not regulation
Anonymous website
High minimum deposits

Frequently Asked Questions

Is Lumina Group regulated?

Lumina Group is not regulated anywhere.

What is the minimum deposit required by Lumina Group

The minimum deposit required by Lumina Group is not disclosed.

What is the maximum leverage available?

The maximum trading leverage that is available on the Lumina Group platform is up to 1:500.

Review 2

2 Comments
Write a comment
All(2) Latest Positive(2)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com