Lucrum Pro Overview
|Platform||Webtrader, desktop Trader Windows, Android app, Apple iOS app|
|Minimum account size||$250|
|Minimum lot size||0.01|
|Spread on EUR/USD||2 pips – Variable and Fixed Options|
|Payment methods||Credit Cards, Debit Cards, Wire Transfer|
|Accepts US traders||No|
|Support||Phone, Email, Live Chat, WhatsApp, Viber|
Lucrum Pro started its operations in 2020 According to their website, they offer “the most comfortable trading environment coupled with the finest trading conditions”
Their credibility in the market remains untarnished with a significant number good reviews about their services online. Not only that, they have also received a lot of recognition and awards which proves that they have a well-established name in the online trading arena
Aside from the well-known Tradersoft platform for traders, Lucrum.Pro A Trade Lucrum Pro mobile trading app is also available for both iPhone and Android users which is ideal for those who are always on the go. In terms of performance, it was very responsive and stable when I did my test and I never encountered any technical issues while using it.
Platform and Website Design
All the platforms have well-designed layouts and interfaces making it very easy to get used to even if you’re a novice in trading forex and CFDs.
Opening an account at Lucrum Pro only requires a minimum deposit of $250 which at par with the industry standards but if you want to enjoy all essential services then the minimum deposit must be $2500.
Minimum Lot Size
Trades can be set with a minimum lot size of 0. 01. This range is generally good as it also lowers the risks and opens the opportunity for you to effectively manage them.
Over 450 assets can be found on this broker. This number is considerably high and opens a lot of opportunities for making a profit since there are a lot of available options. It’s likewise notable that most of the forex, commodities, CFDs, indices, ETFs and stocks that they offer are the most profitable ones
Making money is the very basic reason why people trade forex which is why having a good pip value is important because it will measure the amount of possible profit or loss that can be made on a single trade. The spreads in Lucrum Pro are fixed and variable ( you can choose) they are also tiered depending on the type of the account that is used.
For the EUR/USD currency pair there is a spread of 4 pips for Micro, Mini and Islamic accounts, 3 pips for Standard accounts and 2 pips for Gold and Platinum accounts. Such spreads will be dynamic and have been adjusted and for this.
There is $25 minimum withdrawal amount per payment method and processing may take 3 to 10 business days. Based on the actual withdrawal request that we did, it just took around 4 days and this is within the range that they promised.
Deposit and Withdrawal Methods
Banking at Lucrum Pro is usually pretty easy thanks to the wide coverage of payment methods such as credit cards, debit cards, and Wire Transfer.
The speed and quality of service that’s provided by the support team is very important since they are the ones that you need to contact intended for questions or perhaps if you need any kind of assistance. Good thing Lucrum Pro has a 24-hour support group that can easily be reached by phone, email, live chat and instant messaging systems including WhatsApp.
They also have localized support for more many countries which is a great advantage especially if you prefer someone who speaks your language. It’s as well worth mentioning that they have personal accounts managers who are very good in giving recommendations on what accounts type to choose and which usually assets to invest on. Overall, the quality of the answers that they can provided to us were generally good.
Even when the markets are rapidly moving, Lucrum Pro rarely experienced slippages. Most of the trades that are based on the price that I entered are synchronized with real- time executable prices. This means that the orders quickly reaches the broker seeing that there in no difference between the prices
- Over 450 instruments
- Plenty of ways to contact support
- Extensive educational services
- Doesn’t accept US traders
- To enjoy all essential services, minimum deposit must be $2500