Lucror reviews

Lucror_logo Lucror 6/10 (votes 2504)

On-line since: 2010
Country of origin: New Zealand
Regulation: FSP
Payment options: bank transfer, credit cards (Visa,Mastercard), Moneybookers, Liberty Reserve, transfers between trading accounts
Minimum account size: $50
Minimum lot size: 0.01 lots
Leverage: 1:500
Spreads: from 0.7 pips

Lucror FX offers to trade 30 currency pairs as well as precious metals on the most popular MetaTrader 4 trading platform.

Lucror FX is a brand owned and operated by Lucror Capital Markets LP which is located in New Zealand and registered on the FSPR (Financial Service Providers Register). In accordance with the FCA rules, brokers are required to keep all funds of retail traders separately from the company's funds. Thus, in the event of the broker's bankruptcy, a client's brokerage account can not be levied.

There are three account types. Lucror FX offers no commissions, the low minimum deposit of $50 and the leverage size of up to 1:500.

On the M-Trade account, microlots are available for trading. Clients can also open a demo account. Besides, the broker provides swap-free (Islamic) accounts to their Muslim investors. The commission for these accounts varies from $5 to $20 per a standard lot.

Lucror FX uses the NDD technology and offers floating spreads that depend on the account type. The most competitive spreads are given for the E-Trade account, they start from 0.7 pips per the EUR/USD pair. This is quite a favourable offer as there is no commission.

Like most forex brokers, Lucror FX supports the standard MetaTrader 4 platform available on both PCs and mobile devices.

MT4 is very popular all over the world thanks to its trading opportunities such as a great number of built-in indicators, tools for technical analysis, advanced charting functions, and automated trading strategies with Expert Advisor (EA).

Affiliate programs are adapted to each individual partner taking into account the category which his or her business has. The criteria for each program are based on the number of clients and the trading volume. There are the Regional Agent and the White Label programs.

The company’s clients have the opportunity to gain 25% First Deposit Bonus. It is available for those who deposited at least $100. The bonus is credited for the sum of up to $10,000.

The payment methods provided by Lucror FX include credit cards (Visa and MasterCard), bank transfer, e-wallets such as Moneybookers and Liberty Reserve.

The broker accepts EUR and USD.

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Comments about broker

Baraq trader
review Lucror

During trading, I always loss more $150. Their customer support suggest me to open a real account with $550 deposit. But, I ask my other partner who has account here. But, yesterday, He told me that He also want to close his account because he always loss during his trading. They were also unfriendly when support me and just blamed my issues for my fault do not follow their instructors. Never trade aggressively because the spreads of this broker are erratic and inconsistent.

Miko trader
review Lucror

Right now, I just wish that I never had to open an account with Lucror anymore. I only wasted my money on a broker that couldn't provide a decent trading environment. Their platform is very unstable and their tools are not useful at all. When I lost all the money, I did not replenish my account anymore.

Hegle trader
review Lucror

I don't think that all positive comments here are true, I've lost all my money here because of their unstable platform. Beware of this broker, they will just get your money and you will never hear anything from them after. Beware, they already took many money. I had a problems in indicator and requotes, having a hard time to gain profit. The lack of communication is disgraceful and the excuses even worse. This broker will take your cash with no problem at all - but when you request a payout you may well be waiting a long time.

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