Lucrado

Lucrado is an unregulated broker registered in the Marshall Islands, established on October 23, 2024. The company is headquartered at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960. As of our review, the firm's official website lucrado.com is not operational and displays only a domain parking page, leaving its actual services unverifiable.

Based on registered information, Lucrado presents itself as a multi-asset broker offering over 250 instruments including currency pairs, commodities, and indices. The broker's registration in the Marshall Islands, a jurisdiction known for minimal oversight, combined with the absence of any regulatory license, places it in a high-risk category for traders.

Lucrado operates without any known regulatory license. Our research team cross-checked the broker's details against major regulatory databases and found no registration with reputable bodies such as the FCA, CySEC, ASIC, or the FSC of the Marshall Islands. The company's incorporation in the Marshall Islands does not constitute financial regulation; it merely provides a corporate registration.

This lack of regulatory oversight means there is no independent authority ensuring client fund segregation, transparent trade execution, or dispute resolution. For traders, this absence significantly increases the risk of misconduct or financial loss.

According to our records, Lucrado offers three account tiers: Essential, Standard, and Premium. The Essential account requires a minimum deposit between $250 and $5,000 and offers maximum leverage of 1:200. The Standard account has a deposit range of $5,000 to $10,000 with leverage up to 1:400. The Premium account demands a deposit exceeding $10,000 and provides leverage up to 1:600.

These high leverage levels, particularly the 1:600 offered on the Premium account, are aggressive and carry substantial risk for retail traders. Leverage of this magnitude is typically restricted by regulated brokers, especially in jurisdictions like Europe and Australia.

Lucrado claims to offer over 250 trading instruments, including forex currency pairs, commodities, and indices. The broker also mentions cryptocurrency trading, though details on specific cryptocurrencies are unavailable due to the inactive website. No information could be found regarding the trading platform(s) offered, such as MetaTrader 4/5 or proprietary software.

Without an active website or client area, we cannot verify the availability of demo accounts, educational resources, or customer support channels. This lack of accessible information is a significant concern for potential traders who rely on transparent pre-trade disclosures.

Lucrado appears to target retail traders, particularly those willing to engage in high-leverage trading. The tiered account structure suggests an attempt to accommodate different capital levels, from small-scale beginners (Essential) to high-net-worth individuals (Premium). However, the unregulated nature and high leverage (up to 1:600) make the offering unsuitable for conservative or inexperienced traders.

The broker's registration in the Marshall Islands and absence of regulation further indicate a focus on markets where such entities can operate without stringent compliance requirements.