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There are many things already said about the Lucrum Pro broker scam. You got it – the Lucrum Pro is a scam! Many signs make this broker a scammer. Read this Lucrum Pro review to uncover everything to make yourself aware of this scam broker.
Broker Website – http://lucrum.pro/
Address – Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines
Warned By – United Kingdom – Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (Germany)
Lucrum Pro Review – Introduction
Lucrum Pro is an online trading platform owned by Econdary LLC. The company is located in Saint Vincent and the Grenadines, and the website can be found at http://lucrum.pro/, which works no longer. They claim to offer exceptional trading tools & conditions, STP execution, and a wide range of financial assets for trade. They can be contacted by email at email@example.com and by phone at +442033182403. Lucrum Pro claims to be legit but there are not true because they are potentially involved in scam activities. Read a complete Lucrum Pro Review to know more about this broker.
Lucrum Pro Review – Regulated License
Lucrum Pro claims to be registered in St. Vincent and the Grenadines, but as we know that the Financial Services Authority in this country does not regulate forex brokers. It shows that this broker is an offshore and unregulated entity and provides financial services without any regulated license. Lucrum Pro got public warnings from authorities of the United Kingdom – Financial Conduct Authority (FCA), and the German authority Federal Financial Supervisory Authority (BaFIN).
According to these two authorities, Lucrum Pro is not regulated and is blacklisted by them. So it is better to avoid this broker because this platform is not safe for trading. To check the broker-regulated license, please visit the regulator’s site before investing money in an online trading platform; otherwise, scam brokers steal all your hard-earned money. Also, check the Cryptocurrency scams list to avoid scam brokers.
Lucrum Pro Review – Trading Software and Assets
Lucrum Pro is a forex broker that provides several trading assets like forex, indices, commodities, shares, and cryptocurrencies. They offer web-trader trading software to their clients, which is not enough because legitimate broker offers their clients an advanced MT4 and MT5 trading platform, which gives better results than the web-trader platform.
Lucrum Pro Review – Deposit and Withdrawal Method
Lucrum Pro offers several types of trading accounts to their clients, including Mini, Standard, Gold, VIP, and Lucrum Pro Islamic. They do not mention any information about the minimum deposit of their trading accounts. They offer credit cards, bank wire, and Bitcoin options for deposit and withdrawal money. The withdrawal request processed in more than 15 days, which is a time-taken process and not be good for the users.
How does the Lucrum Pro scam work?
If you are searching for a trading platform, scam brokers can reach you through different mediums like web-based advertisements, social media, calls, or email. If you invest money with them, their demand will increase for more money to invest. At the time of withdrawing money, you will understand that you were cheated by scam brokers, or you are a victim of cryptocurrency scams, forex scams, binary scams, pet scams, dating/romance scams, or other scams.
Lucrum Pro Review – Customer Reviews and Ratings
We have found many negative Lucrum Pro reviews and low ratings on all other sites. They also have a low trust score among the customers. After reading this review and all the negative and positive Lucrum Pro reviews, Fraud Reports Online found that this broker is not legit and might be a potential scam broker. We examined Lucrum Pro broker online and found that this broker might be involved in scams. Hence we included this broker in our list of scam brokers 2022.
Lucrum Pro Review – Conclusion
We find that Lucrum Pro is an offshore and unregulated broker, and it is not safe to invest money with them. If you are a victim of a Lucrum Pro scam or any other online scam, fill out a complaint form on the Fraud Reports Online website. Our experts will provide you a free consultation, and we will guide you in the process of fund recovery. Precaution is better than cure. Before investing, stay alert and read reviews on different channels because it is your hard-earned money.
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