Forex Exchange Rate

By: Mel Joelle

Lucror foreign exchange services

Lucror Capital Markets is a privately-owned brokerage firm dedicated to foreign currency exchange (Forex). Based in Auckland, New Zealand, Lucror provides a superior level of service intended on sustaining a long-term relationship. This in turn allows it to respond more effectively and in a more proactive manner.

Lucror employs three strategies that are the basis of its success: customer service, safeguard and execution. In the area of customer service, its people represent its greatest asset. Lucror only employs experienced professionals who are known for their skills and leadership in the financial services industry. Its sales and customer service division is staffed 24 hours a day, five days a week. And its sales and operations representatives can assist customers with any inquiry and in many different languages.

As a safeguard, Lucror maintains a high level of Anti-Money Laundering (AMC) control as well as Know Your Customer (KYC) regulation. And to meet New Zealand requirements, Lucror will only accept accounts with authenticated documents. Only the most liquid currencies are traded, including the Euro, British pound, Japanese yen, Swiss franc and Australian, Canadian and U.S. dollars.

Pertaining to execution, Lucror equips its clients with the more advanced front-end software that is currently used by more than 100 brokers and banks worldwide. This enables trade execution that is completely automated. This type of trade execution is not seen in traditional Forex operations. Known as Lucror Pro-Traders, the software was developed by Metaquotes Software

Corporation, which is one of its technology partners.

The Lucror foreign currency trading operation includes the purchasing and selling of currencies in the spot foreign exchange market, while allowing customers to protect their investment across international time zones. Also offered are flexible value dates, maximum liquidity and a margin system that lets traders enjoy the benefits of leverage on contracts of up to 50 times the initial deposit. Live streaming prices, customizable indicators and systems and the Lucror kit are available as trading tools, while the Mega-Trader 4 and Multi-Account Manager are used in the trading process. Its asset management tools can help the institutional and individual investor focus solely on spot trading in the Forex market.

In order to learn how to become an effective trader, Lucror offers an educational program featuring commentary by Steven Story, the renowned Forex market analyst who employs Elliott Wave principles, which are used to analyze financial market cycles and forecast market trends. Trading education is conducted via BionicCyborg Apprecticeship Trading Signal Service, in combination with home study video instruction, live one-on-one mentoring in a tri-level career professional program and live Elliott Wave analyses and seminars presented on the Lucror blog.

Lucror even offers a risk-free demo account to test one's trading strategies in a "real-time" environment. Among the features of the demo account are streaming executable quotes, unlimited real-time charts, multilingual program interface, an internal e-mail system and 24-hour news headlines.

Lucror is registered with the Financial Services Providers Register (FSPR) and New Zealand's non-profit Financial Services Complaints Ltd (FSCL) organization. To open an account, download an application and return it to [email protected] or for more information you can visit us at today!

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