Cryptocurrency Exchanges

Lucrumiagroup

1.8 (9 reviews)
🇮🇹 Italy
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1.8
9 reviews
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About Lucrumiagroup

Lucrumiagroup has been flagged by Commissione Nazionale per le Società e la Borsa 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.

Customer Reviews

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They blocked me after I invested

J
James H.
2 months ago

I invested $10,000 with Lucrumiagroup after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Commissione Nazionale per le Società e la Borsa.

Cons: Lost entire investment|Reported to authorities|Unresponsive

Unresponsive and unhelpful

D
Daniel K.
2 months ago

I wanted to transfer my portfolio from another broker to Lucrumiagroup. 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: Dividend tracking|Tax reports included|Segregated accounts

Cons: Website design could be more modern

Wish zero stars was an option

I
Isaac X.
5 months ago

The hidden fees at Lucrumiagroup are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.

Pros: Clean UI|Stable platform|Excellent charting|Portfolio tracking tools

Cons: Limited ETF selection

Dealing desk manipulation

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Jake Y.
5 months ago

The platform itself is okay, but the customer service at Lucrumiagroup is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.

Pros: Market news feed|Quick verification|Low minimum deposit|Portfolio tracking tools

Cons: Limited cryptocurrency options|No crypto staking

Red flags everywhere

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Laura O.
6 months ago

I was about to invest with Lucrumiagroup but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commissione Nazionale per le Società e la Borsa has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Flagged by Commissione Nazionale per le Società e la Borsa|Cannot verify credentials

Statement errors every month

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Derek I.
6 months ago

I had a dispute with Lucrumiagroup and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Comprehensive tools|Quick verification

Cons: Website design could be more modern

The opposite of what they advertise

C
Connor T.
6 months ago

Lucrumiagroup offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Great customer service|Helpful community forum

Cons: No live chat on mobile

Regulatory warning exists for this firm

J
Jessica K.
6 months ago

For anyone considering Lucrumiagroup, please be aware that this company has been flagged by Commissione Nazionale per le Società e la Borsa. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

The support team is useless

F
Frank O.
7 months ago

I opened an account with Lucrumiagroup for about ten months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Automated trading options|Clean UI|Quick verification|Detailed reporting

Cons: Alert system is basic