Cliffs International Lux has been flagged by Commission de Surveillance du Secteur Financier for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Cliffs International Lux locked my account without warning and demanded documents I had already submitted. for about ten months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Reliable uptime|Customizable dashboard|Copy trading available
Cons: Cannot customize dashboard fully|None so far
Where do I even begin with Cliffs International Lux? since early this year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Helpful community forum|Segregated accounts
Cons: Research section could be deeper|None so far
My withdrawal from Cliffs International Lux was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about eight months of being strung along.
Pros: Quick verification|Clear documentation
Cons: Search feature is basic
Cliffs International Lux changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Automated trading options|Customizable dashboard
Cons: Research section could be deeper
For anyone considering Cliffs International Lux, please be aware that this company has been flagged by Commission de Surveillance du Secteur Financier. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Cliffs International Lux has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises
My card was charged twice by Cliffs International Lux on the same day. I had to dispute it with my bank. Cliffs International Lux then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Easy withdrawals|Economic calendar|Clean UI
Cons: No live chat on mobile|Mobile app could be improved
The platform itself is okay, but the customer service at Cliffs International Lux is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Good analytical tools|Educational resources|Multi-currency support
Cons: Minor UI glitches occasionally|Website design could be more modern
I have been trying to close my account with Cliffs International Lux for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Regular platform improvements|Copy trading available
Cons: No live chat on mobile|Currency conversion fee exists
I lost a significant amount because Cliffs International Lux did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Customizable dashboard|Quick verification
Cons: Some tools only available on higher tiers|Mobile app could be improved