LUCRUM-Some important Details about This Broker

WikiFX | 2022-08-19 19:11

Abstract：LUCRUM is an offshore forex broker registered in Saint Vincent and the Grenadines, and it was established quite young, with an operating time of only 1 to 2 years. LUCRUM hypes that it offers various trading instruments, with leverage up to 1:500. Since this brokerage's website cannot be accessed, we are unable to obtain more details about its minimum deposit, leverage, spreads and commissions, withdrawal platform, etc.

As LUCRUMs official website (https://www.lucrum.live/) is unavailable at this time, we could only gather relevant information from other websites to present a rough picture of this brokerage.

General Information

LUCRUM is an offshore forex broker registered in Saint Vincent and the Grenadines, and it was established quite young, with an operating time of only 1 to 2 years. LUCRUM hypes that it offers various trading instruments, with leverage up to 1:500.

Since this brokerage's website cannot be accessed, we are unable to obtain more details about its minimum deposit, leverage, spreads and commissions, withdrawal platform, etc.

Concerning regulation, it has been verified that LUCRUM does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.21/10. Please be aware of the risk.

Leverage

As an offshore forex broker, LUCRUM offers the high trading leverage up to 1:500, a generous offering.

However, bear in mind that leverage may increase your profits, it can also cause serious fund losses, especially to inexperienced traders. It is important for traders to choose the proper amount based on their risk tolerance and trading styles.

Trading Platform

LUCRUM does not make its trading platform clear to us, maybe some proprietary trading platform.

Customer Support

LUCRUM 's email and phone support service are available to traders with inquiries or problems related to trading. Contact details are listed below:

Telephone: +442033182403

Email: support@lucrum.live

Or you can follow this broker on some Twitter, Facebook or Instagram.

Risk Warning

Online trading in leveraged Forex and CFD instruments contains a high level of risk and may not be suitable for all investors.

Please note that the information contained in this article is for general information purposes only.

Dealer Broker

Related broker

Website：https://www.lucrum.live/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.48

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