Forex Illuminati Markets limited Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.4

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.6

Business 0.9

Risk Control 1.2

Software 1.9

Regulatory 1.4

Terminal Snapshot

Illuminati Markets limited Trading Conditions

Registered Region United States

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@illuminatiprofx.net

Contact Number +12166948511

Website illuminatimarkets-jp.com

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
User-friendly trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
Multiple account types tailored for different trader profiles
Instant deposit options through credit/debit cards and e-wallets
Responsive customer support via email, live chat, and telephone

Cons

No valid regulatory license
Concerns regarding operational legitimacy
Withdrawal issues reported by clients
Limited information on trading fees
No demo or Islamic account options

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Illuminati Markets limited	Webull	Jefferies	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	United States	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.4/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Illuminati Markets limited Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginner to intermediate traders	Access to a variety of trading instruments	Suitable for traders looking to start with lower capital
Professional Account	Experienced traders	Potential for higher leverage and lower spreads	Requires proof of trading experience or volume
Corporate Account	Corporate clients	Custom account management services	Requires corporate documentation
Demo Account	New traders	Practice trading without real risk	Not explicitly mentioned but typically offered by brokers

Account Opening Process

To open an account with Illuminati Markets Limited, clients must complete several steps. Initially, they will need to submit personal information, including their name, contact details, and date of birth. Following this, employment and financial information will be required to assess the client’s trading profile. It is essential for clients to provide identity verification documents such as a government-issued ID and proof of address. The account setup offers flexibility, allowing clients the option to upgrade to a professional account in the future, depending on their trading experience and volume.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	Varies	Competitive rates for major pairs
CFDs (Stocks, Indices, Commodities)	Varies	Varies	Reflects market conditions
Cryptocurrencies	Varies	Varies	Dependent on market volatility

Other Fees

Clients should be mindful of additional costs that may apply, such as deposit and withdrawal fees, which can vary based on the chosen payment methods. There may also be inactivity fees charged if the account remains dormant for an extended period. Additionally, platform usage fees could apply, and clients should be aware of overnight interest (swap rates) for positions held overnight. Currency conversion fees may also be applicable when trading in non-base currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Illuminati Markets limited User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Doe

Los Angeles, CA

★ ★ ★ ★ ★

I’ve had a frustrating experience with Illuminati Markets Limited. I tried to withdraw my profits several times, but each time I was met with delays and no clear communication from support. It feels like I’m stuck and unable to access my own money, which is very concerning.

Emily Smith

New York, NY

★ ★ ★ ★ ★

Illuminati Markets has a user-friendly platform that I found easy to navigate. I appreciate the variety of trading instruments available. The speed of order execution has been great for me, and overall, I’m satisfied with my experience here.

Michael Brown

Miami, FL

★ ★ ★ ★ ★

I regret choosing Illuminati Markets. My withdrawal request was ignored, and I couldn’t get any meaningful help from customer service. It feels like a scam, and I wish I had done more research before investing my money.

Sarah Johnson

Chicago, IL

★ ★ ★ ★ ★

As a beginner, I found Illuminati Markets to be an excellent choice. The MetaTrader platform is intuitive, and I’ve had no issues with deposits. The customer service has been responsive when I needed assistance. Overall, a solid broker for new traders!

United States Market