Brokers  /  ILLUZION

ILLUZION

Severe risk
🇬🇧 United Kingdom · 5-10 years · since 2019-11-11 · ILLUZION Group Pty Ltd
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.57/10
Trustpilot/5
Forex Peace Army/5
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No sign that ILLUZION actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • 9 user exposure/complaint reports filed
  • Withdrawal complaints in ~167% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameILLUZION Group Pty Ltd
Headquarters🇬🇧 United Kingdom
Founded2019-11-11
Years operating5-10 years
Employees0
Official websiteilluzionfx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
3 1 10 Bridge St Sydney NSW 2000

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

ILLUZION presents a severe risk due to its lack of regulatory oversight, inconsistent jurisdictional details, and absence of an operational website or product offering. The FXCanary Scam Risk Score of 75/100 reflects these red flags. Traders are advised to avoid depositing funds with this entity until it can provide verifiable regulation and transparent operations.

0
Period:
What users complain about
Where reviewers are from
Hong Kong8
Japan1

Real user reviews

Where ILLUZION operates

Based on its licenses and complaint records.

🇭🇰 Hong Kong 8 complaints
🇯🇵 Japan 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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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