About ILLUZION
About ILLUZION
ILLUZION is a financial services entity registered in the United Kingdom, with a registration date of 11 November 2019. The company lists its registered address as 3 1 10 Bridge St, Sydney, NSW 2000, Australia, which is inconsistent with its UK registration. The official domain provided is crm.devpt.ltd, which suggests a development or customer relationship management platform rather than a broker's trading site.
Our research found no evidence of regulatory oversight from any financial authority. The absence of a recognised regulator is a significant red flag for potential traders, as it means the entity is not subject to standard investor protections, capital adequacy requirements, or dispute resolution mechanisms.
Regulatory Status
ILLUZION does not hold a licence from any known financial regulator. The company's UK registration does not equate to financial regulation; it merely indicates that the entity is registered as a corporate body at Companies House. However, Companies House registration does not permit offering regulated financial services without the appropriate authorisation from the Financial Conduct Authority (FCA) or other relevant bodies.
Our independent checks of regulatory databases confirm that ILLUZION is not listed as a regulated financial institution in any jurisdiction. This lack of regulation is a critical concern for any trader considering depositing funds with this entity, as there are no assurances that client money is segregated or that the firm operates with the required transparency.
Address and Jurisdiction
The registered address provided is in Sydney, Australia, while the entity is registered in the United Kingdom. This cross-jurisdictional discrepancy can be a warning sign, as it may indicate an attempt to obscure the true location of operations. Legitimate brokers typically have a clear and consistent address in their country of regulation.
Without a clear operational base that aligns with regulation, traders may face difficulties in legal recourse should disputes arise. The address in Sydney does not correspond to any known financial licence in Australia, and the UK registration does not provide operational oversight.
Products and Services
Based on publicly available information, ILLUZION does not appear to offer any specific trading products, platforms, or account types. The domain crm.devpt.ltd does not resolve to a live trading environment or provide details on forex, CFDs, or other financial instruments. There is no evidence of a website or client portal that would allow traders to access services.
This lack of information about products and services makes it impossible for potential clients to evaluate the suitability of the entity for their trading needs. In the absence of such details, caution is strongly advised.
Target Audience and Accessibility
Given the limited information, it is unclear who ILLUZION aims to serve. There is no indication of account types, minimum deposits, leverage, or supported currencies. The entity does not appear to be actively marketing to retail or institutional traders through conventional channels.
Traders seeking a regulated, transparent broker with a clear value proposition should exercise extreme caution. The lack of accessible information suggests that ILLUZION may not be an operational broker, and any interest should be thoroughly investigated before engagement.
Overview compiled by FXCanary from regulatory records and public data. full ILLUZION review