The Lucrosa Pro software is being advertised to make up to $7000 per day with their system. This app is made by someone who claims to be as John Lucrosa. After signing up into the website and entering the phone number we are not impressed at all with this program. Therefore, we don’t recommend the Lucrosa Pro to anyone.
A little bit about binary options trading, in case you are new
You might already know this but the Lucrosa Pro software is actually about making money with binary options trading. Binary options are actually one new method to earn money online by making certain predictions, you can name them as the call or put.
For example, if you think that the asset, let say Apple stock is going up, then you can choose the amount that you want to trade and select call. Otherwise, if you think that this asset is going down, then choose put. If your prediction is correct, then you will gain back the amount that you’ve traded plus 85% of the money. For example, if you choose to trade $10 and your prediction is correct, you will earn $18.5. Otherwise, if you
If your prediction is correct, then you will gain back the amount that you’ve traded plus 85% of the money. For example, if you choose to trade $10 and your prediction is correct, you will earn $18.5. Otherwise, if your prediction is wrong, then you will lose all $10.
While some people might see this sort of gambling, many binary traders claim that it isn’t. In fact, it is quite similar to making money from the stock market or currency exchange ( better known as forex trading).
Is Lucrosa Pro software is free as being advertised?
The short answer is, yes you can enter your name, email, password and finally a working phone number into the website and then access the software dashboard for free. If you are curious we even have the screenshot on how this app looks like:
As you can see, this software looks so simple that any newbies will believe that they will be making easy money online. However, it is not as simple as it sounds.
Once you are inside, you cannot use this software, for free, actually. In fact, you need to deposit money into the recommended broker account. Yes, they don’t allow you to choose any broker that you like – you need to select just one.
A little bit about binary options broker
There are perhaps hundreds of binary and forex brokers all over the web. Some of them are regulated and some not. Successful traders will always check and then use only regulated binary options brokers. Regulated binary brokers are licensed and they will mention their license numbers right on their website, usually, you just need to check the about page.
Unregulated binary brokers are different. They are just new to the business and want to find the clients online or offline. Whenever you checked the website, you cannot find their license numbers. And yes, they will be recommended by software like Lucrosa Pro and tons of other software we’ve seen before. We don’t know about you, but in our case, we are assigned to an unregulated binary broker called PWR Trade.
This broker is not yet licensed, and once you deposited money into your trading account, chances are, you won’t be able to refund your money.
Final verdict – do we recommend Lucrosa Pro app?
The short answer is no. Like being mentioned here on this page, the binary broker is not yet regulated. Plus, the so-called Lucrosa Pro software is actually a rehash software from tons of binary options software we’ve seen before.
Where to go and how to find real binary options software that works
Always find and test whatever software that you’ve seen online on a demo account first. You might not know this fact, but a good binary broker must always provide some kind of trial version, known as the demo account to their clients. In demo account, you can test whatever software that you want to use and then deposit money whenever you feel comfortable with the app itself.
We highly recommend that you check out our #1 binary options app here.