✔️ Information reviewed and updated in April 2024 by Eduardo López
⭐ Opinions and information about the broker MonoLux Trade Group ⭐
¿Is the broker MonoLux Trade Group (also known as luxtradegroup.de) really trustworthy? ✅ Is it safe to invest your money with this company? ❎ Is MonoLux Trade Group trustworthy? ❎ In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help us with information about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to give the company a score according to their experience with it. 
Let's start with the analysis:
✔️ What is MonoLux Trade Group? MonoLux Trade Group is a broker of: Forex, Cryptocurrencies and CFDs.
✔️ The broker mentions be part of: Tristan Invest LLC.
✔️ Where is it based? MonoLux Trade Group is based in: Saint Vincent and the Grenadines.
✔️Is it a regulated broker? If we talk about regulation, the broker MonoLux Trade Group does not mention being regulated.
❌ Actual location of company offices? We don't know yet, we appreciate someone (brave) giving us this information.
❌ Names of the actual owners? Still unknown, we appreciate any information.
We will continue to analyze the different account types that MonoLux Trade Group offers. In the case of MonoLux Trade Group we note that it has 2 different plans or account types:
🔹 Live Account: minimum initial deposit $0.
🔹Islamic account: minimum initial deposit $0.
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🔸 The platform used to operate is: Webtrader platform.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: an explanation of the services it offers, market news and analysis, live charts, FAQs, not much else.
Characteristics of MonoLux Trade Group
What we like the most
- Modern investment platform.
- Low initial deposit.
What we like least
- Unregulated company.
- Little transparent company.
- Bad reputation | Many complaints.
- Very unsafe location.
- You will probably have problems withdrawing your money.
- In general, a very unsafe company.
More information about the company
🔸 Phone number: +43720881999
🔸 E-mail: [email protected]
🔸 Website: luxtradegroup.de
🔸 Bonuses, promotions, offers: None by the moment
🔸 Clarification: If you think that our review is not correct, or you have a different opinion about this company, we invite you to leave a comment in this section - rating with your opinion.
⭐ MonoLux Trade Group Rating ⭐
☑️ With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️. We do not recommend it.
☑️ Why? Is a broker no regulation and further It is located in a very dangerous country for these activities (Saint Vincent and the Grenadines), on the other hand, when looking for information and other evaluations about MonoLux Trade Group find a lot of negative reviews and complaints, overall negative feedback.
(I.e. Is MonoLux Trade Group safe? How trustworthy is MonoLux Trade Group? ❎ We consider it to be an unsafe, unreliable company and we do not recommend it. ❎ Why? For the reasons mentioned above. Here you can read reviews about MonoLux Trade Group.
❗ June 2022 update: BAFIN, German financial regulator, has reported MonoLux Trade Group due to fraudulent activities.
🚫 Link to the warning 🚫 on the official BAFIN website.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
Are you part of MonoLux Trade Group?
This company never pays. They just keep your money, don't do it, listen to me.
Hello Penelope, MonoLux Trade Group is a SCAM, we have received many complaints from investors, for not returning the money, you should never invest in a broker that is not REGULATED.
They create many positive comments about themselves that are LIES! They want to confuse investors and pretend to be a legal company but it is all LIES! If you tell them about our articles, they say that we are part of the competition and that is also a lie! (We are dedicated to reviewing brokers).
When you want to withdraw your capital or your profits, if they make excuses and tell you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.
If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you
Greetings.