Lucas Strauss Consultants Austria has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 43 1253 008 3209, fax 43 720 883 230
Addresses: Backerstr. 3 1010 Vienna Austria This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.lucasstrauss.com.
After spending for about five months trying to make Lucas Strauss Consultants Austria work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Stable platform|Portfolio tracking tools|Reliable uptime|Competitive fees
Cons: Limited ETF selection
I gave Lucas Strauss Consultants Austria a fair chance. After for the past year and a half of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Regular platform improvements|Clean UI|Real-time alerts
Cons: Slow to add new assets
I have been trying to close my account with Lucas Strauss Consultants Austria for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Instant funding|Tax reports included|Easy to use platform
Cons: No dark mode on mobile
The spread at Lucas Strauss Consultants Austria is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a podcast recommendation and initially thought the platform was good - until I started trading seriously.
Pros: Competitive fees|Stable platform|Intuitive for beginners
Cons: Spreads widen during volatile periods|Slow to add new assets
What really bothers me about Lucas Strauss Consultants Austria is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through my accountant's suggestion and I fell for the polished exterior. Never again.
Pros: Multiple order types|Wide product range|Competitive fees
Cons: Inactivity fee applies after 12 months|Help articles are sometimes vague
My card was charged twice by Lucas Strauss Consultants Austria on the same day. I had to dispute it with my bank. Lucas Strauss Consultants Austria then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Helpful community forum|Demo account available|Risk management tools
Cons: No live chat on mobile
I trusted Lucas Strauss Consultants Austria with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Tax reports included|Transparent fees|Quick verification|Intuitive for beginners
Cons: Limited social trading features|Cannot customize dashboard fully