LucrorFX is owned by Lucror Capital Markets LP. The company is registered in New Zealand and headquartered in Auckland. The broker is authorized by the Financial Services Providers Register (registration number FSP 62001) and is a member of the FSCL that examines disputes between clients and companies that provide financial services in New Zealand.
LucrorFX provides high-level services to both retail and institutional clients and effectively respond to the changing needs of traders and investors. This approach supports the long-term relations.
The broker’s advantages:
After a client’s application for participation in one of the programs is approved, the client will receive marketing and advertising tools that are designed to make trading more efficient. Over time, when the partner acquires a significant client base, he or she will be promoted to the levels of Webmaster Pro or Basic Agent and will be able to use commissions of a multi-level system. The number of clients and volume of trading are the criteria of the affiliate programs.
On the company's website, customers will find the "Training" section, which contains the Forex glossary, trading tips and answers to popular questions. The site is available in Chinese and English.
Leave your comments if you have ever worked with LucrorFX.
Lucror 2/10 (votes 2194)
LucrorFX has given me an awful trading experience in the market, As always I got a huge slippage and the price chart isn’t clear. Even the platform didn’t respond. So I can't open or close any orders. So I have lost almost $600. LucrorFX’s payment services are painful too. I can’t withdraw money via Skrill. So I say to other traders please avoid LucrorFX brokers.
I have been trading with LucrorFX for five months now. The requotes and withdrawals are really awful. Last moths I have few trades opened when I was on a good trend or a recovery from a bad trade all of the sudden my trades were closed. Beside this,they simply have no concept of customer service. They also have a limited payment system.
Hi my name is Mike. I want to share my trading experience with Lucror broker. I have traded with Lucror broker for 6months now, and they always provide excellent service and fixed spreads. Their platform is working fine, and the order is executed instantly. I'm a scalper, and I made a good profit in using my scalping EA. I made a profit of $865, just investing $400 within 6 months. Last month I withdrew $500 via MasterCard, and I got my money within 7 hours. Trading with Lucror is satisfying, and I will keep trading with them. Lucror is a reliable broker that I would like to recommend.
I always receive excellent service from Lucror since I joined them. They really make my trading feels easy, they help me to make stable profit. I always use mastercard for my deposit and withdrawal , they always approve my withdrawal fast and I can get the money within 3 hours. so far, they are nice and trusted broker as I know.
I feel insecure to dealing with LucrorFX broker, as they aren't safe for my investment due to the rubbish MT4 trading platform or their server. My orders didn't execute and their price quotes are fake in the market. So I have lost in my profitable position, as the platform didn't work by hitting TP. But when my trade goes lose position then the position was closed automatically 10 to 20 pips lower from my SL position. Really LucrorFX platform is awful in my trading.
This broker is very unreliable and they don’t take good care of my trades and most of the time disregard my complaints. I haven't faced any serious problems at my first trading. Now, some difficulties has started. Their Execution is low and delay, even disconnect sometimes. They have a 20 seconds delay in trading and I am not joking. I lost $1232. Lucror is not recommend.
They blocked my account without any notification. On last US unemployment news made $462 profit. Next day when I try to withdraw $400 through Neteller their live support tells me my account has been flagged for latency arbitrage. I can't get my money back. The price also was different from my other brokers because it was not real. They are really unethical and will steal your money. i tried to save my funds and withdraw but until now i cannot get a reply from them. they are a bunch of liars and a scam broker.
I appreciate that LucrorFX is trying to help us by providing up-to-date learning materials that we could use to strengthen our knowledge on Forex trading. I also like the fact that they have a reliable trading platform that works really well on all devices. However, the trading cost is just too high especially for a beginner like me. Their spreads are not fixed so it could go really high when the market is volatile.
I traded with Lucror for only 11 months and I recently closed my account. I had a real account with USD currency. My deposit was made with Wire transfer and credited after 2 working days. Their platform MT 4 works very difficult, with delays in execution and during volatility times the spread for EUR/USD is up to 8 pips from 0.7 pips. I called many times the support team but they put me on hold for ever. My trading involved currency pairs: EUR/USD, USD/CAD, USD/JPY, USD/CHF, USD/CAD. I lost all my funds, $750 and I closed my account
I hate the poor performance of LucrorFX's platform. It frequently have slippages and the spread always changes. I also don't know why the price charts are always delayed but one thing is for sure: their platform is unsteady. I already stopped trading at this broker because I have a feeling that with this kind of performance, I will be burning my pockets soon. Good thing, I didn't have any trouble taking back my capital and closing my account.
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