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Lutex Shares

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Lutex Shares Review: Is This Broker Legit or a Scam?
Discover the truth about Lutex Shares. Learn why this broker is flagged as a scam and how to protect yourself from fraudulent trading platforms.

Operating status: SCAM

Website: https://www.lutex-shares.org/

Broker violations and abnormal records
  • 2025-02-16 The FCA issues a warning against Lutex Shares

    On February 17, 2025, the Financial Conduct Authority (FCA) issued a warning against Lutex Shares, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/lutex-shares

    On February 17, 2025, the Financial Conduct Authority (FCA) issued a warning against Lutex Shares, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/lutex-shares
  • 2025-02-25 BrokersView has reviewed that Lutex Shares is an unregulated broker

    First, it claims to be established in 2018, but upon investigation, we found that the domain name was not established until 2025. Secondly, it claims to be a reliable company with the right to exercise foreign exchange, but it does not display any valid foreign exchange regulatory certificates on the website, which is also questionable. Finally, it is located in the UK. we found that the Financial Conduct Authority (FCA) issued a warning against Lutex Shares, believing this company might be providing financial services or products without proper authorization in the UK.

    In essence, Lutex Shares is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Lutex Shares appears to be a scam. 

    First, it claims to be established in 2018, but upon investigation, we found that the domain name was not established until 2025. Secondly, it claims to be a reliable company with the right to exercise foreign exchange, but it does not display any valid foreign exchange regulatory certificates on the website, which is also questionable. Finally, it is located in the UK. we found that the Financial Conduct Authority (FCA) issued a warning against Lutex Shares, believing this company might be providing financial services or products without proper authorization in the UK. In essence, Lutex Shares is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Lutex Shares appears to be a scam.

Related Complaints

Q&A

Broker to check: Lutex Shares

Elton San
Gambia
2025-03-17
ANSWER Dear Investor, Our investigation has uncovered several red flags regarding Lutex Shares, and we suspect that it is a potential scam. Firstly, although the company claims to have been established in 2018, our investigation reveals that its domain name was not registered until 2025. Secondly, while Lutex Shares asserts that it is a reliable entity authorized to conduct foreign exchange activities, it fails to display any valid regulatory certificates on its website. Lastly, the company claims to be based in the UK. However, the Financial Conduct Authority (FCA) has issued a warning against Lutex Shares, suspecting that it may be offering financial services or products in the UK without proper authorization. The evidence strongly suggests that Lutex Shares is a scam. We strongly advise against trading with this company to protect your financial well-being.
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Opinions on Lutex Shares. Is it on earth a scam?

Nazrul Islam
Bolivia
2025-02-26
ANSWER Dear Investor, Our findings cast serious doubt on the legitimacy of Lutex Shares. Firstly, the company claims it was established in 2018, but the domain name was only registered in 2025, which is suspicious. Secondly, while Lutex Shares asserts its reliability in foreign exchange, it fails to provide any valid regulatory certificates on its website. Lastly, despite claiming to be based in the UK, the Financial Conduct Authority (FCA) has issued a warning against Lutex Shares, suspecting it operates without proper authorization. Given these issues, we advise you to exercise caution and avoid engaging with Lutex Shares.
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