lucrativeedges.com has been flagged by Cyprus Securities and Exchange Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: lucrativeedges.com.
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that lucrativeedges.com has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises
lucrativeedges.com seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: No hidden fees|Comprehensive tools|Intuitive for beginners
Cons: Cannot customize dashboard fully
I wanted to transfer my portfolio from another broker to lucrativeedges.com. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Multi-currency support|Regular updates|Two-factor authentication|Fast execution
Cons: Withdrawal takes 1-2 business days|Would like more payment methods
I lost a significant amount because lucrativeedges.com did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Wide product range|Intuitive for beginners
Cons: Spreads widen during volatile periods
I want to warn everyone about lucrativeedges.com. They have been flagged by Cyprus Securities and Exchange Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized