lucrum pro
lucrum pro

Lucrum Pro Review| Forex broker review

full forex broker review - Learn more about this brokerage

lucrum pro
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6.2

In this post I will be reviewing the online broker Lucrum Pro. This is a ST. Vincent and the Grenadines brokerage firm that was established in 2020. They offer a wide range of asset classes for trading online including forex currencies, CFD’s on stocks, commodities, precious metals, energies and more.

Whatever you like to trade, there is something for everyone. Lucrum Pro provides leverage of up to 1:200 and has a minimum account opening requirement of $250. The spreads are very competitive when you consider that the broker does not take an additional commission on the trade.

this is a full STP Brokerage 

Lucrum Pro Review IntroductionLucrum Pro

In this Lucrum Pro review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.

WHY YOU SHOULD CHOOSE LUCRUM PRO AS YOUR BROKER

As a customer of Lucrum Pro you have access to the biggest markets, all important asset classes and the most exciting values. All this at first-class conditions.

Whether for trading commodities, futures or crypto-currencies, whether for hedging with foreign exchange, options and CFDs – use the most innovative trading technologies to move quickly and take advantage of presented opportunities.

 

FULL STP TECHNOLOGY – WITH NO CONFLICT OF INTERESTS

Lucrum Pro is a STP broker, this means that they make their revenue on the spread commissions only, and do not make money on our client’s losses, This gives their  traders a level playing field and a fair chance in the markets.

key facts about trading with a True STP Broker:

  • Trades – Traders are placed with liquidity providers, often tier-1 banks and ECN’s to ensure no dealing or intervention on your trades.
  • Trading Conditions – they offer real prices that mirror the global market conditions. You will benefit from more competitive pricing (tighter spreads), no-requotes and price improvements.
  • Freedom of trading – they  impose no restrictions or limitations for scalping, hedging and news.
  • No Conflicts – As a STP broker they have no conflicts of interest with our client’s trading activity. You can be confident that your trades won’t be manipulated as it would be with a dealing desk broker.

Lucrum Pro Platforms & Tools

Lucrum Pro offer traders the innovating trading platform of  which is used by thousands of traders all over the globe.

The broker provides the trading platform completely free of charge for desktop, web browsers and mobile devices. The advantage of the web platform is that you can run it directly in your web browser without needing to download or install any additional software.

The trading platform mobile app is useful for this who need to access their Lucrum Pro accounts for trading whilst on the go from anywhere in the world with an internet connection.

When it comes to trading, the right trading platform is needed to carry out your trades. Lucrum Pro offers both the powerful Webtrader and mobile trading platform options for traders to utilize. They provide these widely regarded platforms due to the efficient and high-quality trading opportunities they offer to traders at all levels.

LUCRUM PRO WEBTRADER

Trade stocks, futures, Forex, cryptocurrencies, and more on over 135 markets worldwide, all from a single account.

  • The intuitive interface design makes it easy to find the features you want to use. Tabs and panels are clearly labeled to break down trading tasks into simple actions.
  • Ideal for users who work behind a firewall, The Lucrum Pro WebTrader runs through the Internet, so you can log in and trade from any Internet-ready PC with no downloads required.
  • Create orders with a single click on the Bid or Ask price, and create more advanced orders, you are in control.
  • View open orders and executions, and create new orders from open, executed and canceled trades.

LUCRUM PRO DESKTOP TRADER

Powerful charting functions, and advanced functionalities have made it one of the most widely used trading platforms in the industry.

The Lucrum pro user-friendliness and dynamic security system allow you to trade with ease and comfort, making the most out of your trading efforts.

  • Enhance your trading experience with the powerful, reliable and easy-to-use desktop Trading Terminal.
  • Create orders with a single click on the Bid or Ask price, and create more advanced orders, you are in control.
  • Take Full Control through the different order types functionalities.

 

 

Lucrum Pro Research & Education

Lucrum Pro offers clients a generous selection of trader education and research tools such as Video on Demand, Ebooks, Trading Courses and an Economic  calendar. These educational materials can help traders of all different experience levels to improve their trading skills and knowledge. It also emphasizes the fact that the broker cares about and has its client’s best interests in mind. Of course, trading online carries significant risk so it is imperative that you know what you are doing when using any trading broker and only ever risk what you can afford.

Lucrum Pro Trading Accounts

Lucrum Pro offer different account types to cater to the various needs of individual traders.  The account that you qualify for can depend on your trading volume and initial size of your deposit. The primary difference between each account type is the size of the spread, leverage available and added features included. The broker also offers demo trading accounts should you wish to try out their trading services and practice your trading strategies with virtual funds.

Lucrum Pro Account Funding

As with many other online forex brokers, Lucrum Pro accepts payments with major credit or debit cards including VISA and MasterCard along with bank wire transfers and some e-wallets. The time taken for payments to clear can depend on the method used.

Lucrum Pro Customer Service

Lucrum Pro have a prompt and efficient customer service team who are happy to answer all of your technical, general and account related questions. The support team can be reached Monday to Friday during working hours via email, telephone and live chat. There is also a contact form on the Lucrum Pro website if you prefer to contact the broker that way.

 

FAQs of Lucrum Pro

HOW DO I OPEN AN ACCOUNT WITH LUCRUM.PRO ?

It is easy and secure to open an account with Lucrum.pro . To sign up, fill out your details on our Registration Page.

Those who prefer to register by phone can contact one of our account managers to open an account.

WHICH ACCOUNTS CAN I CHOOSE FROM?

You can choose from our 4 account types: Mini, Standard, Gold, VIP and Islamic. Whatever your account type, at Lucrum.pro you get a personal and professional service, access to our 24/7 online support and educational services, Desktop Platform trading platform, with unlimited charts and technical indicators, automated trading and mobile trading software. As you increase your deposit, you receive more services.

Mini forex trading accounts are for new traders who want less risk. Standard accounts are for experienced traders and Gold accounts are for those who can trade large volumes. VIP account holders get more analysis and proactive trading guidance from our experts.

IS THE DEMO ACCOUNT DIFFERENT FROM THE REAL ACCOUNT?

The demo account enables you to feel the real Lucrum.pro trading experience. In this way it is the same as a real account. However, you trade with virtual money in the demo account. Price feeds are live on both accounts.

CAN I TRADE WHEN THE MARKET IS CLOSED?

No, you cannot trade when the market is closed. You can only trade (open positions, close positions, place and modify orders) when the market is open.

IS LUCRUM.PRO A MARKET MAKER?

They are not a market maker. they are a broker with no dealing desk. Full Straight-through Processing (STP) technology means the foreign exchange trading process and payment transactions can be done electronically and anonymously. Our STP brokers offer clients direct access to the interbank liquidity and route their orders to the largest liquidity providers.

HOW DO I TRADE LUCRUM.PRO PRODUCTS?

Lucrum.pro products can be traded through our trading platform. In addition to live trading, Lucrum.pro provides a wide array of trading information: charts, analysis, real-time quotes, and more.

WHAT TRADING PLATFORMS DO YOU OFFER?

We offer 3 different trading platforms: Desktop Platform, Mobile Trader and Web Trader.

Our multiple platforms fit different lifestyles: Some investors keep the Desktop Platform platform on their personal computer, the Lucrum.pro mobile device on their smartphone, and the web-based program away from home or at the office.

WHAT MOBILE OPERATING SYSTEMS ARE SUPPORTED?

For Desktop Platform:

  • iPhone
  • Google Android
  • Windows Mobile

HOW DO I DEPOSIT MONEY INTO MY LUCRUM.PRO ACCOUNT?

Lucrum.pro offers you various ways to fund your account, through all payment methods: credit cards, wire transfers, cashu, moneynet and neteller.

Credit Cards: Credit cards are considered the easiest and fastest method for funding payments. They give customers easy access to funding without needing to tap into emergency financial stores. Simply input your credit card information into our secure system, specify the amount of funding you want to add and then start trading.

Wire Transfer: Funds can also be deposited via wire transfer – between the trader’s financial institution and Lucrum.pro . In order to execute the wire transfer, investors should contact their financial institution with the relevant information.

HOW DO I WITHDRAW FUNDS FROM MY ACCOUNT?

Clients at Lucrum.pro can feel secure in the knowledge that they can withdraw their funds at any time. Withdrawing funds from your Lucrum.pro account is a simple and secure process.

  • If you would like to withdraw funds please fill in the withdrawal form below and send it to your account manager
  • Once your application is received, funds are returned to the account from which the deposit was originally made. Funds are sent within 3 working days either as a bank transfer, to the investor’s credit card or to the credit card Lucrum.pro has sent. Any withdrawal amounts over the maximum allowed on the credit card will be placed in the investor’s bank account.

WHAT PRODUCTS CAN I TRADE?

Lucrum.pro offers a wide array of trading options. These include currency pairs, CFDs, commodities, and indices.

WHAT IS THE MINIMUM DEPOSIT FOR AN ACCOUNT WITH LUCRUM.PRO ?

Each account has its own minimum deposit requirements. View our Accounts page or contact customer support if you would more information about each account.

 

Lucrum Pro Review Summary

Overall, despite being a relatively new broker to the online trading industry, Lucrum Pro have an established trading service with the intuitive Trading platform, competitive spreads, a generous selection of trading instruments and some very useful educational resources. The account types are flexible whilst they have responsive customer support team who will be happy to help you open an account in just a few minutes.

It is worth mentioning that some of the trading products and services in this Lucrum Pro review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Lucrum Pro broker website which you can visit by using the link below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

lucrum pro
Lucrum Pro Review| Forex broker review
Conclusion
Overall, despite being a relatively new broker to the online trading industry, Lucrum Pro have an established trading service with the intuitive Trading platform, competitive spreads, a generous selection of trading instruments and some very useful educational resources. The account types are flexible whilst they have responsive customer support team who will be happy to help you open an account in just a few minutes.
Trading Conditions
5.9
Range of Market
6.3
Safety
5.9
Trading Platform(s)
6.5
Customer Support
6.4
Reader Rating0 Votes
0
Pros
Full STP Brokerage
Many cryptocurrencies
All strategies allowed
Competitive Spreads
Full AML and compliance protocols
Cons
Not European Regulated
No Metatrader 4 or Metatrader 5
Limited Deposit Options
6.2