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Lutex Shares
Operating status: SCAM
Website: https://www.lutex-shares.org/
Broker violations and abnormal records
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-sharesFirst, 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.
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