• Luminetrade

Overview

Luminetrade.com has a rating of 2.6 stars from 31 reviews, indicating that most customers are generally dissatisfied with their purchases.

Positive reviews (last 12 months): 61.3%
Positive
19
Neutral
0
Negative
12
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How would you rate Luminetrade?
Top Positive Review

“They're the best for all, types of traders, whether...”

Alisa S.
8/27/23

They're the best for all, types of traders, whether you have a,small or big account. They have fast execution great prices narrow spreads and good customer service. Starting a trading, account with LumineTrade is not the cheapest but it's worth it.

Top Critical Review

“Exploit Code.ORG did a great job getting my funds out”

Crosby K.
3/28/24

The ease of use and profitability of your initial funds is all part of the scam. Once they show you that you can "withdraw" a portion of your profits, they pressure for more and verbally abuse you when you don't comply. When it is fairly clear that the scam is at the end of the road, they "temporarily" put your trading account on hold. STAY AWAY! BEWARE

Reviews (31)

Rating

Timeframe

Other

Thumbnail of user brooklyng23
1 review
0 helpful votes
December 16th, 2023

Really good! Keep it up, you are doing a great job. Highly Recommanded, Very HelpfulThank You so much.

Thumbnail of user crosbyk2
2 reviews
1 helpful vote
March 28th, 2024

The ease of use and profitability of your initial funds is all part of the scam. Once they show you that you can "withdraw" a portion of your profits, they pressure for more and verbally abuse you when you don't comply. When it is fairly clear that the scam is at the end of the road, they "temporarily" put your trading account on hold. STAY AWAY! BEWARE

Thumbnail of user alisas270
1 review
0 helpful votes
August 27th, 2023

They're the best for all, types of traders, whether you have a,small or big account. They have fast execution great prices narrow spreads and good customer service. Starting a trading, account with LumineTrade is not the cheapest but it's worth it.

Thumbnail of user rowlandp10
1 review
2 helpful votes
February 1st, 2024

This is not meant to be bad publicity of any kind if you are into scams then go ahead and invest in Lumine Trade. From my experience and the hardship i went through with this company and withdrawals, everybody was telling me not to cause drama and just be patient but after 5 months I could not. I reported them to a Private investigation organization that operates in my city (I will try to see if I can link the name in the description box if Sitejabber lets me write it out), anyway, they took my information and later forcibly reclaimed my investment, they legally 'forced' lumine trade to refund me. My case has been dealt with so i won't go in detail.
I would not recommend Lumine trade at all.

Tip for consumers:
Name : { V A Z E R T R A I L } .com

Thumbnail of user arthurj319
1 review
3 helpful votes
February 10th, 2024

They won't pay back my money. I've emailed them for months and sent them a number of documents that they've requested in order to pay me back, but they always come up with new reasons not to do it. I got help with P R O U P S H O T.

Thumbnail of user birgita5
1 review
0 helpful votes
August 24th, 2023

When I trade on the broker's platform, I notice that my orders get executed immediately. I think this is because they use some special technology. However, I'm only partially happy with the other services. I do have a few minor complaints.

Thumbnail of user edmondl39
1 review
0 helpful votes
November 16th, 2023

Best in the business. I trust them with my funds because of their advanced cybersecurity measures and multi-factor authentication. The tight spreads are impressive, and their support team is always helpful. Highly recommend!

Thumbnail of user kimm2407
1 review
1 helpful vote
November 30th, 2023

Scammers.
It sounds too good to be true
Because it's a scam.
Don't download their any page
Don't download their app onto your desktop
Hang up your phone and run
Who are they?
Who would know
But they aren't who they say nor do they do what they say
They just want your money
The more of it the better
Be warned

Tip for consumers:
That it was a scam

Thumbnail of user eatebenb
1 review
0 helpful votes
January 18th, 2024

One of the few brokers accessible in Australia keeping its promises. Although I am satisfied with their performance, I wish, trading signals would be available to other accounts, not just Platinum.

Thumbnail of user mariealaj
1 review
0 helpful votes
December 20th, 2023

The withdrawal process is rather streamlined - a remarkable benefit. I've always received my funds as promised. LumineTrade's commitment to reliable fund transfers is evident.

Thumbnail of user vickerm
3 reviews
3 helpful votes
April 23rd, 2024

"Investing or depositing money is very simple, but getting your money back from this company is not so much, i failed to do serious research about them and i totally regret it. My advisor becomes unavailable, and the phone is 'no longer operative because i refused to give access to anydesk. At one point communication stopped totally and i doubt if i was going to get my money back. But with time and the right team i was able to resolve my case and got total refund. With complete evidence and the right legal team withdrawal is 100% possible. Anyone having withdrawals challenges can reach out to me for more helpful information and guidance, my email is on my profile don't lose hope.

Thumbnail of user charlottes710
1 review
0 helpful votes
August 24th, 2023

I don't think I have seen robust encryption protocols and the latest cybersecurity measures implemented by one brokerage company. It's truly amazing, and I believe my personal information and transactions are very secure.

Thumbnail of user morganm501
1 review
0 helpful votes
October 25th, 2023

Lumine Trade provided a strong platform with many helpful options. It would be beneficial to have additional analysis tools to fully utilize the gained knowledge. Overall, an excellent platform.

Thumbnail of user brownb65
1 review
0 helpful votes
December 27th, 2023

LumineTrade conducts occasional platform maintenance, which can temporarily disrupt trading. However, the brand's proactive communication and swift issue resolution demonstrate its commitment to a reliable trading environment.

Thumbnail of user lifemodell
1 review
1 helpful vote
December 8th, 2023

Scam site beware
No country of origin license
No details of company owners
The website numbers are unavailable
They call you from different telephone numbers that you can't dial back
There downloads contain malware so they can see your banking details
BEWARE they are crooks

Thumbnail of user lennak2
1 review
0 helpful votes
August 23rd, 2023

Till now, I didnt have any serious issues. Signals, research, withdrawals and guide are all amazing. For me, five stars. But one lost because of the need for ETFs.

Thumbnail of user yoelperreault
2 reviews
3 helpful votes
February 26th, 2024

I found myself unable to withdraw anything. The lack of support and communication only added to the frustration.
My advice: steer clear and don't deposit anything you can't afford to lose.

Thumbnail of user fernandod170
1 review
0 helpful votes
November 18th, 2023

The education guide on the homepage helps me stay informed. The mobile trader is perfect for trading on the fly. And their wealth of expertise and insights gives me the confidence to make smart trading decisions. A cut above the rest!

Thumbnail of user jimo789
1 review
1 helpful vote
March 28th, 2024

I am new to the crypto market and was initially naive. Luminetrade is without question a scam. They are involved with embezzlement, racketeering and fraud, acting with open impunity. The three individuals I spoke with have distinct French-Canadian accents. All the calls came from within Canada. The London UK address on their website is a scam as the building has temporary office spaces for rent and it is not registered as a leased tenant.
I was required to initially invest USD$250 to enter their platform. Once paid online I received a call from an "agent" ensuring me that withdrawals would be easy, he assisted in setting up an account at VirgoCX a Canadian registered platform and assisted in setting up an Atomic wallet an unregistered Euro platform. We moved $100 of my investment in ETH crypto to my Atomic wallet then to my VirgoCX wallet where I then did an e-transfer back to my bank account. When I saw the value of ETH increasing on the global market, I purchased an additional $250 at VirgoCX and transferred it up to Atomic. But I needed to ask the "agent" for the hash address to send the blockchain crypto. Take note that I did not own a "wallet" on Luminetrade's platform, and I was required to use Atomic an unregistered platform rather than VirgoCX a registered platform to do the transfers. Then the calls came through at least twice a week to convince me to invest more. In the second week the "agent" called back all excited saying their platform was now offering an AI algorithm providing "arbitrage" that apparently was to buy / sell with greater efficiency, but the minimum entrance was USD$2,000. Over the next month or so after many persistent calls I finally uploaded the equivalent of over USD$2,000 then about 1/10th of a coin. The value of Ethereum (ETH) climbed from $19,000 per coin to $30,000 within 7 weeks. But somehow on the platform my account showed a balance of close to $5,000. I assumed the additional gains were as a result of the buy/sell process. However, I began to be unsure of the platform and asked to withdraw $2,000. I was called by a different "agent" who informed me that $4,000 would be the minimum withdrawal amount and I would need to send the equivalent of $1,000 as a 10% withdrawal fee. The agent said that it would then cover any future withdrawals up to $10,000. I watched on the platform when magically my ETH earnings jumped from $5,500 to $10,200 within 30 seconds. Alarms bells went off and I changed my request to $5,000 and transferred a $1,000 in crypto to a hash address provided. Then I was sent an invoice from a so-called 3rd party that required an additional USD$1,230 in crypto to release the funds. When I asked why the "agent" aggressively stated that it was to verify my identity and to mitigate money laundering risk. The invoice was on forged Atomic letterhead. I asked Atomic customer support if it was their invoice and they confirmed that I had been scamed. I then asked if I may have my original investment back and that Luminetrade can keep the earnings differential simply return my base funds. They have yet to respond. Had I left the ETH at VirgoCX or Atomic I could have controlled my own crypto wallets and only paid the brokerage fees to sell and cash out.

Tip for consumers:
That they do not have individual wallets and the user cannot withdraw at will.

Thumbnail of user mithhellc
1 review
0 helpful votes
December 14th, 2023

The LumineTrade platform offers advanced trading tools that may have a slight learning curve for beginners. However, with practice, these tools become powerful assets for executing complex trading strategies.

Thumbnail of user markh4710
1 review
0 helpful votes
August 24th, 2023

Excellent trading signals. Regularly, I get accurate and up-to-date market news. What I don't like about LumineTrade is that there are no bonds and mutual funds available to trade.

Thumbnail of user padrons1
1 review
0 helpful votes
October 25th, 2023

Every day with Lumine Trade is a chance to learn and grow. Their commitment to excellence and educating customers is apparent in every resource and tool they provide.

Thumbnail of user arnaldos14
1 review
0 helpful votes
November 23rd, 2023

LumineTrade gives you a reliable trading experience, but it's a shame they don't have a crypto wallet. Still, their platform is easy to navigate, and their order execution is on point. They have competitive fees and make trading hassle-free.

Thumbnail of user robertob369
1 review
0 helpful votes
January 25th, 2024

I was able to find an account suited to my needs. Since I wasn't sure at the beginning, the customer support helped me out with additional information. Spoke with an agent on the phone.

Thumbnail of user claudiav202
1 review
0 helpful votes
October 24th, 2023

I liked the new way that Lumine Trade trades. Their platform is modern, and their tools are top of the line, plus their customer service is speedy. However, some beginners might be deterred by the amount of time required to learn some of the more advanced tools.

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