Rating Index
Pros
Offers a variety of trading instruments including forex, indices, commodities, shares, and cryptocurrencies.
Provides a web-based trading platform for easy access without the need for downloads.
High leverage of 1:200 can be appealing for traders looking to maximize their potential returns.
Cons
Unregulated and operates from an offshore location, posing significant risks to fund safety.
High spreads (3 pips) increase transaction costs, making it difficult for traders to achieve sustainable profits.
Limited payment methods and lengthy withdrawal processes can hinder user experience and access to funds.
LUCRUM broker Accounts
Lucrum Pro Account Type
Lucrum Pro offers five different types of trading accounts to cater to various trading needs and preferences. These account types include:
- Mini Account: Designed for beginner traders who wish to start trading with a smaller capital.
- Standard Account: Suitable for traders with some experience looking for a balance of features and costs.
- Gold Account: Aimed at more experienced traders who require additional features and benefits.
- VIP Account: Tailored for professional traders seeking premium services and lower trading costs.
- Islamic Account: Specifically designed for traders who adhere to Islamic finance principles, ensuring compliance with Sharia law.
- Visit the Website: Go to the Lucrum Pro official website at lucrum.pro.
- Registration: Click on the "Sign Up" or "Open Account" button to begin the registration process.
- Personal Information: Fill out the registration form with your personal details, including your name, email address, and phone number.
- Account Type Selection: Choose the type of account you wish to open (Mini, Standard, Gold, VIP, or Islamic).
- Deposit Funds: Make the initial deposit of at least $250 using the available payment method, which is primarily credit card.
- Verification: Complete any necessary verification steps as required by the broker to ensure compliance with regulations.
- Start Trading: Once your account is set up and funded, you can begin trading on the platform.
The minimum deposit requirement for opening an account with Lucrum Pro is $250, which is the same across all account types.
Lucrum Pro Broker Account Opening Process
Opening an account with Lucrum Pro is a straightforward process that typically involves the following steps:
It is important to note that the account opening process may vary slightly based on individual circumstances and any specific requirements set by Lucrum Pro.
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