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Lucreburg

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Operating status: SCAM

Website: https://lucreberg.com/

Broker violations and abnormal records
  • 2023-08-10 The Fin-FSA issues a warning against Lucreburg

    On August 11, 2023, the Finnish Financial Supervisory Authority (FIN-FSA) issued a warning against Lucreburg, believing it is a fraud. https://www.finanssivalvonta.fi/en/registers/warning-lists/warnings-concerning-unauthorised-service-providers/

    On August 11, 2023, the Finnish Financial Supervisory Authority (FIN-FSA) issued a warning against Lucreburg, believing it is a fraud. https://www.finanssivalvonta.fi/en/registers/warning-lists/warnings-concerning-unauthorised-service-providers/
  • 2023-08-13 BrokersView has reviewed that Lucreburg is an unregulated broker

    While Lucreburg displays a certificate issued by Finland Financial Services Commission, it remains an illegal platform. Firstly, there is no such an authority in Finland. Secondly, the Finnish Financial Supervisory Authority (FIN-FSA) has added Lucreburg to its warning list, believing it is a fraud.

    In essence, Lucreburg is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    While Lucreburg displays a certificate issued by Finland Financial Services Commission, it remains an illegal platform. Firstly, there is no such an authority in Finland. Secondly, the Finnish Financial Supervisory Authority (FIN-FSA) has added Lucreburg to its warning list, believing it is a fraud.In essence, Lucreburg is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

Why does Lucreburg take so long to withdraw?

Michele Dani
United States of America
2023-09-11
ANSWER The reason why your withdrawal request has been pending for so long is that Lucreburg is a scam. Out of its fraudulent scheme, it is hard to get any money back from the platform.Lucreburg claims to have a certificate from Finland Financial Services Commission, but it is still an unlawful platform. For one thing, that authority does not exist in Finland. For another, the real regulatory body in this jurisdiction, Finnish Financial Supervisory Authority (FIN-FSA) has warned people about Lucreburg, stating that it is a scam. The full warning can be accessed here.All the evidence strongly indicates that Lucreburg is a scam and BrokersView advises investors against the swindler. Entrusting this fake broker with traders' funds and personal information is highly risky, as there are no rules in place to prevent fraud and identity theft. To mitigate such risks, it is better to opt for a fully regulated broker.
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3 comments

Glofen Profile
Opened trading account here about 3 years ago.Generally no problems. Trading conditions were pleasant and improving. trading terminal works without glitches, execution was always according to terms and conditions. average spreads that aren't always narrow as stated but acceptable.
2023-11-04
2
Reply
Rich
Customer service representatives are really friendly and professional,they solve my problem with my mt4 and are very patient. They are very helpful and professional!!!
2023-11-04
2
Reply
Glofen Profile
Very professional platform. They have a very knowledgeable support team. The team pays attention to the personal interests of each customer and ensures that they can trade freely and do not lose funds. Low spreads are very, which is how traders save money and make more money.
2023-11-07
1
Reply
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