LUCRUM.PRO broker Accounts

lucrum pro Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: lucrum pro Account Types Overview

lucrum pro Account Types Explained

Lucrum pro offers several account types tailored to different trading needs and experience levels. Below is a comprehensive overview of each account type available:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips, no commission.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, suitable for beginners.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Spreads from 0.1 pips, commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, faster execution.
• Target User Profile: Intermediate to advanced traders.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.0 pips, commission of $3 per lot.
• Leverage Options: Up to 1:400.
• Key Features: Advanced trading tools, priority support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to the Standard Account, with no swap fees.
• Leverage Options: Up to 1:200.
• Key Features: Compliant with Sharia law, swap-free trading.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading without risk, access to all trading instruments.
• Target User Profile: Beginners and traders wanting to test strategies.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account

Part 2: lucrum pro Account Features Comparison

Detailed lucrum pro Account Features

The following features are compared across the different account types offered by lucrum pro:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:400

• Islamic: 1:200

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 0.0 pips

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: $3 per lot

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: ECN

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual balance, access to all instruments, practice trading.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commission fees

• User-friendly for beginners

• Access to a wide range of instruments

• ECN Account:

• Tight spreads

• Direct market access

• Suitable for scalping

• Faster execution speeds

• Pro Account:

• Lowest spreads

• Advanced trading tools

• Priority customer support

• Ideal for high-volume traders

• Islamic Account:

• Compliant with Islamic law

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free environment

• Practice trading strategies

• Access to all trading instruments

• Unlimited duration for practice

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN and Pro

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Highest minimum deposit

• Commission fees apply

• Islamic Account:

• Limited availability

• Similar features to Standard, but no swap fees

• Demo Account:

• No real money trading

• Limited to virtual funds

Part 3: lucrum pro Account Opening Requirements

lucrum pro Account Registration Requirements

To open an account with lucrum pro, the following eligibility criteria and documentation are required:

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Some countries may be restricted; check with customer support.

• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.

• Identity Verification Documents Needed:

• Valid government-issued ID (passport or drivers license).

• Proof of address (utility bill or bank statement).

• Proof of Residence Requirements:

• Recent utility bill or bank statement showing your name and address.

• Additional Documentation for Professional Accounts:

• Proof of trading experience or financial status may be required.

• KYC/AML Compliance Procedures:

• All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

• Verification Time Frames:

• Account verification typically takes 1-3 business days, depending on the completeness of documentation.

Part 4: lucrum pro Account Opening Process

Step-by-Step lucrum pro Account Opening Guide

1. Visit Website and Click Registration:

• Go to the lucrum pro website and click on the "Sign Up" or "Register" button.

1. Personal Information Entry:

• Fill in personal details such as name, email, phone number, and address.

1. Choose Account Type:

• Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).

1. Set Trading Preferences:

• Indicate your trading preferences, including leverage and trading strategy.

1. Document Upload:

• Upload the required identity verification documents.

1. Account Verification:

• Wait for the verification process to complete.

1. Fund Your Account:

• Deposit funds into your account using available payment methods.

1. Start Trading:

• Once your account is funded, you can start trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile may have a simplified interface.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet size requirements.
• Issue: Delays in verification.
• Solution: Contact customer support for updates.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type.

Part 5: lucrum pro Demo Account Information

lucrum pro Demo Account Guide

• Demo Account Features and Benefits:

• Allows traders to practice without financial risk.

• Access to all trading instruments and features available in live accounts.

• How to Open a Demo Account:

• Follow the same registration process, selecting "Demo Account" as the account type.

• Demo Account Limitations:

• Limited to virtual funds; cannot withdraw or transfer to a live account.

• Virtual Balance Amount:

• Typically starts with a virtual balance of $10,000.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds, while live accounts involve real money trading.

• Duration/Expiry of Demo Accounts:

• Demo accounts may remain active for a specified period or until the user decides to convert to a live account.

Part 6: lucrum pro Islamic Account (if available)

lucrum pro Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Yes, Islamic accounts are available for traders who require compliance with Sharia law.

• Eligibility Requirements:

• Traders must declare their need for a swap-free account during registration.

• Differences from Standard Accounts:

• Islamic accounts do not incur swap fees on overnight positions.

• How to Apply for Islamic Account:

• Select the Islamic account option during the registration process.

• Restrictions or Special Conditions:

• Must comply with Islamic finance principles; no interest-based transactions.

FAQs – lucrum pro Account Types & Opening

1. What account types does lucrum pro offer？

• Lucrum pro offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500, Demo: N/A.

1. How long does lucrum pro account verification take？

• Verification typically takes 1-3 business days.

1. Does lucrum pro offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with lucrum pro？

• Yes, you can open multiple account types as needed.

1. Does lucrum pro offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available for compliant trading.

1. What documents do I need to open a lucrum pro account？

• A valid ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.