This is my personal review of luxxtradiing.com, a SCAM August 2023 registered digital investment company in Uganda that “claims” to offer an opportunity to earn without personal involvement in money and stock turnovers in forex, Crypto Mining, Stocks, Financial Markets and etc.
On Luxtrade, you get up to 7% daily earnings of your deposits which represents up to 196% threshold profit. The invested capital and the total investment including earnings from referrals, and cash backs on deposits can be withdrawn after 28 days via mobile money.
If you’ve been wondering whether Luxtrade is a legit investment worth injecting your money into, or another scam that you shouldn’t waste your valuable time on, keep reading.
Website name: Luxxtradiing.com
Domain registration date: 2023-08-02
Domain Ownership info: Not Disclosed
Earning option: Up to 7% daily returns on invested capital
Legit or Scam: Read the full review to find out
What is Luxxtradiing.com?
Luxtrade is an online digital investment firm that “claims” to provide customers with the chance to profit high from their investments without being personally involved in stock and currency turnovers. By investing in forex, Crypto Mining, Stocks, Financial Markets, etc, they are ready to maximize their member’s money for much profit.
By creating a free account, you get 2000 Uganda shillings free bonus, similar to Nomidastocks.com. From a minimum of 5000 investment deposits via Airtel or MTN Mobile Money, you are ready to sit and wait for your money to grow.
How Luxtrade makes money
According to their website, “the company that deals in forex, Crypto Mining, Stocks, Financial Markets and etc. They have also developed the optimal investment plans and financial strategies, which provide partners with a stable income from deposits”. This means that they are able to gain much from customer deposits thereby making profits.
How to earn money on Luxtrade
- Joining bonus of 2000ugx
- Up to 7% daily return on the invested amount
- 1% Cashback on deposits
- Free 1000UGX capital
- Referral program
In addition to the 2000 shillings welcome bonus, you get 1000ugx trading capital, you earn up to 7% of the invested capital daily plus both direct and indirect referral earnings. You can later withdraw your earnings automatically together with the capital via MTN or Airtel Money number after 28 days.
How to invest on Luxtrade
- Log into your account
- Click Add funds
- Enter the amount to deposit eg 10000ugx
- Enter a phone number where the money is
- Click submit
- Enter mobile money PIN to approve payment prompt
- Done
How do you get earnings?
- MTN mobile money
- Airtel money
The minimum amount you can request for withdrawal is 5000 Uganda shillings via MTN or Airtel mobile money. Once your reward including capital accumulates to that amount in your account, you can request cash out by following the instructions below.
- Log into your account
- Click Withdrawals
- Enter withdraw amount
- Click Withdraw
Is Luxxtradiing.com Legit or scam?
Is SCAM and conned peoples money.
I have seen some messages as Luxtrade payment proofs somewhere online in the Whatsapp groups, the fact is that I haven’t personally been paid since my testing investment is still growing. The good thing is that I have an active account and I must post my proof here once the money comes in.
However, just like any other online investment, I strongly advise you to invest little, I mean that money that can be forgotten easily in case the platform turns into Scam other than being legitimate.
