LucroTrade Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-11-12 17:35Abstract：LucroTrade, also known as IVS Holdings Ltd, is a broker based in Saint Vincent and the Grenadines. It currently holds no regulations and its official website has already shut down.
Note: LucroTrade's official website: https://www.lucrotrade.com is currently inaccessible normally.
| LucroTradeReview Summary | |
| Founded | / |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Cryptocurrency, forex |
| Demo Account | ❌ |
| Leverage | / |
| Spread | Fixed at 0.9 pips |
| Trading Platform | Web Trader |
| Min Deposit | $250 |
| Customer Support | Phone: +41 6150 83035 |
| Email: support@lucrotrade.com | |
| Address: Suite 305, Griffith Corporate Centre P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines | |
LucroTrade Information
LucroTrade, also known as IVS Holdings Ltd, is a broker based in Saint Vincent and the Grenadines. It currently holds no regulations and its official website has already shut down.
Pros and Cons
| Pros | Cons |
| Tight spreads | No regulation |
| Dead official website | |
| Limited trading products | |
| High minimum deposit requirement | |
| No demo accounts | |
| No MT4/MT5 platform |
Is LucroTrade Legit?
No. It is registered in Canada. It has no valid regulations currently. It does not offer guaranteed funds or segregated accounts.
What Can I Trade on LucroTrade?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Cryptocurrencies | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are three account types LucroTrade offers:
| Account Type | Min Deposit |
| Silver | $250 |
| Gold | $10 000 |
| Platinum | $50 000 |
Leverage
The broker has not clearly provided the leverage it offers.
LucroTrade Fees
The spread is fixed at 0.9 pips. Other fees are not clear.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Web Trader | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The broker accepts payments done via Visa, MasterCard, wire transfer and Bitcoin.
No minimum withdrawal amount defined and no fees or charges specified.
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