ABOUT Lucrum Pro
Although smaller brokerage hasn’t traditionally been a market leaders when it comes to fintech and online brokerages, new online brokers such as Lucrum Pro are gradually changing this. In the online trading and investment space, brokers, as exemplified by Lucrum Pro, are helping to put the smaller, lesser known brokers on the map.
First established in 2019 with a view to providing a one-stop-shop solution for forex and CFD trading, Lucrum Pro spent the last year heavily investing in R&D and product development.
Lucrum Pro has gone from strength-to-strength, and it is now one of the most upcoming trading destinations online around the globe. Although Lucrum Pro’s roots are offshore, it is very much a global broker, with operations now launched across the EMEA region, Europe and beyond — currently, the broker boasts a presence in over 60 countries.
Lucrum Pro is an Straight Through Processing (STP) broker, which means that, as a customer of Lucrum Pro you have access to the biggest markets, all important asset classes and the most exciting values.
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.
Through this network, Lucrum Pro offers forex currency trading, as well as CFDs on a range of financial instruments such as metals, indices and commodities. With extremely quick execution speeds and deep market liquidity through the STP network, Lucrum Pro offers an all-round solid trading experience that more than keeps pace with its direct competitors.
While not driving innovation forward in any one particular area or feature set, Lucrum Pro sticks to a familiar formula and executes it well.
How does Lucrum Pro compare to the rest of the competition out there? Does it offer a package that is well polished and original enough to justify entrusting it with your hard-earned cash? Or are there simply better platforms out there? The answers to these questions and many more will be covered in detail in this comprehensive Lucrum Pro broker review.
PRODUCTS AND TRADE OFFERS
In terms of what Lucrum Pro has to offer clients who sign up for an account, the package put together is very much industry standard. The main benefits are the competitive spreads and fast execution speeds of trades, which create very favorable trading conditions.
Additionally, it has over 450 trading instruments across a number of markets, meaning that you will be able to keep your trading and investment portfolio well-diversified when using the platform. This includes 45+ currency pairs, commodities, indices, over 200 stocks through the NYSE, Nasdaq, Australian Securities Exchange and the Hong Kong Stock Exchange.
For its global customers, Lucrum Pro provides four main account types — Mini, Standard, Gold, VIP and Islamic.
At Lucrum.pro , we understand the needs of different traders. 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.
Beyond the trading conditions, Lucrum Pro has a number of extra features, which add to the overall trading experience. For example, dedicated account managers ensure the customer service is that little bit more attentive, while the VIP Desk allows you to tailor your trading account as your portfolio grows and your trading strategy changes.
Clients are also given access to the trading platforms, which provide some of the most cutting-edge technology in this space.
- Access to all platforms
- Incredibly fast execution speeds
- High levels of customer protection
- Over 450 trading instruments
- Access to VIP Money Manager for Pro accounts
LUCRUM PRO COMMISSIONS AND FEE CHARGES
In terms of the fees, charges and commissions you will have to pay, this will depend entirely on what type of account you have as well as where you are located.
Lucrum Pro is very competitive when it comes to additional account fees. As of writing, Lucrum Pro does not charge clients any additional funding fees or withdrawal fees, which applies to all accounts. Users should note, however, that your account may be subject to an account maintenance fees if your account balance falls below $100 or if it remains inactive for several months.
WHAT OTHERS SAY ABSOUT LUCRUM PRO
Having been in operation since 2019, there are a NOT large number of reviews online about Lucrum Pro. In the course of writing this Lucrum Pro broker review, we looked at a the number of these reviews that are out there from both professional review sites and user reviews in order to get a sense of how Lucrum Pro has been received.
In terms of the customer reviews we looked at, the feedback was good overall. The average rating by customers seemed to hover around the four out of five-star mark, with the positive reviews mentioning the fast withdrawal and deposit speeds, the attentive customer support team and the quick execution speed. Additionally, the customer reviews mentioned the generally favorable trading conditions on offer, in particular the competitive spreads.
In terms of the industry reviews by professional traders, review websites, and other industry publications, Lucrum Pro tended to fare similarly well. Although we didn’t come across any perfect five-star reviews in the course of researching this Lucrum Pro review, the majority seemed to fall in the three or four out of five-star range.
BitcoinBrokerLis.com for example, praised Lucrum Pro for the overall broker capabilities which offers a high level of customer protection as well as the risk management strategy it has in place to protect customer accounts.
The other platform reviews we read while conducting the research for this review gave Lucrum Pro praise for the quick execution speeds and generally favorable trading conditions. In particular, these included the competitive spreads on offer and the diversity of instruments to trade.
Although it is often overlooked by individuals when they are looking for a new platform to sign up to, the level of customer support is one of the best signs of the quality and performance of a platform. Platforms that take customer support seriously tend to perform much better on average. As such, when you are looking to choose a new platform to trade with, it is always important to make sure that it has a professional customer service team who are readily contactable should you need them.
The customer support team is contactable via email, direct phone line or a live-chat feature on the website 24 hours a day, five days a week. We were also particularly impressed that several different contact options are provided depending on the nature of your query. This allows you to direct your question to the most appropriate member of the customer support team depending on whether your issue relates to a technical issue, your individual account, or if it is a more general query. This is great to see as it speeds up the process of getting customer support. If you do want to phone the team directly with a general query, they can be reached at +442033182403.
LUCRUM PRO PLATFORM FEATURES AND TOOLS
As with many of the other major online brokers out there, signing up for an account with Lucrum Pro gives you access to their Trading platform.
their platform is from Tradersoft and is a popular trading platform among both professional and amateur traders.
Its offers wide array of trading tools. These include live price feeds, technical charts, analytical tools, charting tools and a news feed that updates you with the latest financial news within the software itself. The balance between pure functionality and customizability has made the platform a popular trading tool around.
Signing up for a trading account with Lucrum Pro gives you access to the desktop, web browser and mobile versions . The desktop version comes in both Mac OS and Windows variations and in our experience is very stable on both.
In addition to the suite of Trader apps, the broker gives all users access to the market everywhere they go.
As mentioned earlier in this Lucrum Pro broker review, your trading account gives you access to the full suite of Trading apps. For those day traders looking to trade on the go, this also includes the mobile version of the app. Compatible with both iOS and Android devices, the mobile app gives you full control of your account as well as the ability to place any type of trading order on the go.
The main difference with the mobile version relates to some of the graphing and analysis options, which are obviously more limited due to the smaller screen space on mobile devices. Having said that, the mobile app offers as much usability as you can realistically expect for a mobile device. This means that you can have access to a full-featured trading experience no matter where you are located, as long as you have a stable internet connection.
This is not the most exciting broker out there but it is a solid one , so depending on the trading activity you plan to do this would be a good solution for you. they offer enough assets for trading to cater to pretty much everyone and the platform is good and stable.
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