LucrorFX.com Review

In response to Mr Aran Murphy?s untrue, malicious and defamatory allegations against Lucror: ? Mr. Murphy signed up with Lucror to have his account traded by a 3rd party discretionary trader. ? He signed a discretionary trading agreement with this trader. ? Lucror provided the trader with a PAMM (Percentage Allocation Money Management) account, which is used to trade multiple accounts in a fund via a master account. This specific account type split trades by dollars and not lots. The reason for this is to allow accounts of any size within a fund to have their P/L distributed on a pro rata basis. The drawback of this technology is that it cannot distribute the floating P/L of a trade until the trade has been closed. ? The functionality of the PAMM is disclosed in the Lucror general terms and conditions. This short easy to ready 5 page document was provided to Mr. Murphy and he agreed that he had read and understood how his trader would manage his account when he opened it. In addition Mr. Murphy was informed via live chat and by email on two separate occasions of the way the account functioned, both of which he conveniently denies hearing and receiving. This information and communication provided willingly and quickly to Mr Murphy can be proved by our server records. ? The PAMM technology is not exclusive to Lucror it is used by a number of different brokers and is provided by an award winning technology company- Rous Technology. ? A number of funds have utilized this technology in the past and there has never been an instance where any issued have arisen thus far. ? A number of weeks after Mr. Murphy?s account had begun being traded a dispute between him and his discretionary trader occurred. As no suitable resolution was reached between Mr. Murphy and his discretionary trader he proceeded to blame Lucror for the outcome for his situation. Our lawyers have asked, repeatedly and to assist Mr Murphy, for Mr Murphy to provide us with copies of his correspondence with his discretionary trader in regard to both his agreement with that trader and any remedy that he has asked for. Mr Murphy has refused to do that. Instead, because he believes that his trader has defrauded him he is attempting to smear and defame Lucror in order to have Lucror take responsibility for his situation. ? He repeatedly came on to the live chat using vulgarity and threatening to ruin Lucror?s reputation by blogging negatively about his experience. His statements are totally defamatory of Lucror ? that is they are untrue and malicious. Any reader of this blog is welcome to contact Lucror and we will provide an explanation of our transparent practices and safeguards for all of our clients. ? As the Forex peace army is an open and transparent website that allows for each party to present their case LUCROR trusts that this situation can be viewed objectively and that users of this blog believe in fairness and evidence not kangaroo courts.