Luxtious.com Review — Scam Warning & Red Flags

Overall Rating: 🚨 Highly Suspicious / Avoid at All Costs
Regulation: None verified
Withdrawals: Reportedly blocked or denied
Customer Support: Unresponsive after deposits
Verdict: Likely Scam Broker

Overview

Luxtious.com claims to be an online trading platform that offers access to a variety of financial markets, including forex, cryptocurrencies, and commodities. The platform promises high returns, low-risk trading, and advanced trading tools. However, reports from users suggest that Luxtious.com exhibits the typical warning signs of a scam broker. Traders have experienced blocked withdrawals, poor customer support, and a lack of transparency, raising concerns about the platform’s legitimacy.

User Complaints and Common Issues

Many traders who signed up and deposited funds with Luxtious.com have reported similar issues, including:

• Initial contact via unsolicited emails, online advertisements, or social media promotions promising high returns with little risk

• Pressure to deposit funds quickly, with claims of profitable trading opportunities and minimal risk

• Account dashboards showing inflated or fake profits, leading users to deposit more money

• Withdrawal requests being blocked, delayed, or ignored

The most significant complaint from victims is the inability to withdraw funds. Traders report that when they tried to withdraw their funds, they were informed that they must pay additional “fees” or “taxes” before their requests could be processed. Despite complying with these demands, many users claim they still could not access their funds. Communication from the platform reportedly ceased once users began requesting their withdrawals.

Major Red Flags Identified

Several red flags suggest that Luxtious.com may be operating as a scam:

🚩 No Verifiable Regulation

Luxtious.com is not regulated by any recognized financial authority. Trusted brokers are typically licensed by regulatory bodies such as the FCA, ASIC, or CySEC, and they provide verifiable proof of their regulatory status. The absence of regulation is a major red flag.

🚩 Unrealistic Profit Claims

The platform promotes high returns with minimal risk, a classic tactic used by scam brokers to attract unsuspecting traders. These claims of guaranteed profits should be viewed with skepticism.

🚩 Withdrawal Issues

Numerous users report problems with withdrawing their funds. Withdrawal requests are either blocked, delayed, or met with demands for additional payments before any funds can be processed. This is a hallmark of fraudulent trading platforms.

🚩 Lack of Transparency

Luxtious.com provides minimal or no information about its ownership, physical location, or regulatory standing. Legitimate brokers are transparent about their operations, offering clear contact details and regulatory credentials. The lack of transparency is concerning.

57 Investigations Ltd and Recovery Efforts

In response to the growing number of complaints against Luxtious.com, 57 Investigations Ltd has been helping victims recover their funds. The firm specializes in financial fraud investigations and assists traders in initiating forceful reversals of their deposits.

57 Investigations Ltd reviews transaction histories, identifies fraudulent activity, and works with financial institutions to help recover lost funds. While recovery is not guaranteed, professional assistance significantly improves the chances of retrieving money lost to scam brokers.

Is Luxtious.com Safe?

Based on user feedback and the suspicious activities reported, Luxtious.com is not a safe platform. The following red flags suggest that it is likely a scam:

❌ No verified regulatory oversight
❌ Withdrawal requests blocked or delayed with additional fee demands
❌ Lack of transparency regarding ownership and business operations
❌ Unrealistic profit claims and high-pressure sales tactics

Investors are strongly advised not to deposit funds with Luxtious.com.

How to Protect Yourself

To protect yourself from falling victim to scams like Luxtious.com, consider the following steps:

• Verify a broker’s regulatory status with official financial authorities before depositing any funds

• Be cautious of platforms that promise high returns with little to no risk

• Never pay additional fees to process or release withdrawals

• Conduct thorough research by reading independent reviews, scam reports, and feedback from other traders

Final Verdict

Luxtious.com exhibits all the characteristics of a fraudulent trading platform. Traders who have already deposited funds should maintain detailed records of all communications and transactions and consider seeking professional help for potential recovery.

This broker review is based on user complaints and experiences. Luxtious.com has not issued an official response to these allegations at the time of writing.