https://ltinvest.cc/
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+442070971934
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Opulence Consulting LLC
Lifetime Investments
Saint Vincent and the Grenadines
Pyramid scheme complaint
Expose
Benchmark | -- |
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Maximum Leverage | 1:300 |
Minimum Deposit | €25000 |
Minimum Spread | from 1.3 |
Products | Forex - All Stocks - All Indices - All Commodities - All |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | €23.5/million |
Benchmark | -- |
---|---|
Maximum Leverage | 1:200 |
Minimum Deposit | €2500 |
Minimum Spread | from 0. |
Products | Forex - 30 pairs Stocks - 45 Indices - 27 Commodities - 62 |
Currency | -- |
---|---|
Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | €15/million |
Benchmark | -- |
---|---|
Maximum Leverage | 1:100 |
Minimum Deposit | €250 |
Minimum Spread | from 0.0 |
Products | Forex - 20 pairs Stocks - 28 Indices - 16 Commodities - 53 |
Currency | -- |
---|---|
Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | €0 |
Capital
$(USD)
Registered Country/Area | Saint Vincent and the Grenadines |
Founded Year | 1-2 years |
Company Name | Opulence Consulting LLC |
Regulation | Unregulated |
Minimum Deposit | €250 |
Maximum Leverage | 1:300 |
Spreads | From 0.0 pips |
Trading Platforms | Webtrader |
Tradable Assets | Forex, Commodities, Indices, Cryptocurrencies, Stocks, Bonds |
Account Types | Plan 1, Plan 2, Plan 3 |
Demo Account | Not specified |
Islamic Account | Not specified |
Customer Support | Phone: +442070971934 |
Payment Methods | Credit card, Bitcoin |
Educational Tools | Not specified |
Overview of Lifetime Investments
Lifetime Investments is an investment company based in Saint Vincent and the Grenadines. However, it is important to note that the company operates without any valid regulation, which raises concerns about the safety and security of investments. Investors should exercise caution and be fully aware of the associated risks when considering dealing with an unregulated broker like Lifetime Investments.
The platform offers a range of market instruments for trading, including forex, commodities, indices, cryptocurrencies, stocks, and bonds. Investors can participate in the global foreign exchange market by trading major currency pairs such as EUR/USD, GBP/USD, and USD/JPY. They can also diversify their portfolios and take advantage of price movements in commodity markets like gold, silver, crude oil, and natural gas. Additionally, Lifetime Investments allows trading in cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin, catering to the growing demand in the digital asset market.
The company offers different account types with varying features and initial deposit requirements. Plan 1 requires a minimum deposit of €250 and offers the Webtrader trading platform, while Plan 2 and Plan 3 involve higher initial deposits and provide access to the same platform with different spreads and commissions. Lifetime Investments also offers leverage options ranging from 1:100 to 1:300, but it's important for traders to understand and manage the potential risks associated with trading on leverage.
Pros and Cons
Lifetime Investments offers multiple account types, leverage options, low spreads, and a web trading platform with essential features. They provide customer support and allow trading in popular cryptocurrencies. However, there are concerns regarding the lack of valid regulation and the current downtime of their website. Additionally, the platform may have limited advanced functionality compared to other industry platforms. There is also a potential for high minimum deposit and transaction fees for withdrawals, and no information is provided on advanced trading tools.
Pros | Cons |
Multiple account types to suit different needs | Operates without any valid regulation |
Leverage options ranging from 1:100 to 1:300 | Website currently down |
Spreads from 0.0 pips | Limited advanced functionality compared to popular industry platforms |
Web trading platform with essential features | Potentially high minimum deposit and transaction fees for withdrawals |
Customer support available through phone and email | Website currently down |
Allows trading in popular cryptocurrencies | No information provided on advanced trading tools |
Potentially high minimum deposit and transaction fees for withdrawals |
Is Lifetime Investments Legit?
Lifetime Investments operates without any valid regulation, which raises significant concerns regarding the safety and security of investments. It is crucial to exercise caution and be fully aware of the associated risks when dealing with an unregulated broker like Lifetime Investments.
Market Instruments
FOREX: Lifetime Investments offers a range of forex instruments for trading. Major currency pairs such as EUR/USD, GBP/USD, and USD/JPY are available, allowing investors to participate in the global foreign exchange market.
COMMODITIES: The platform also provides access to various commodity instruments. Investors can trade commodities like gold, silver, crude oil, and natural gas, enabling them to diversify their portfolios and take advantage of price movements in these markets.
INDICES: Lifetime Investments offers trading opportunities in different indices from around the world. Examples of indices include the S&P 500, Dow Jones Industrial Average, FTSE 100, and Nikkei 225. By trading indices, investors can speculate on the overall performance of specific stock markets.
CRYPTOCURRENCIES: The platform allows trading in cryptocurrencies, catering to the growing demand in the digital asset market. Cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) can be traded, enabling investors to potentially benefit from the volatility of these digital currencies.
STOCKS: Lifetime Investments provides access to a wide range of stocks for trading. Investors can trade shares of well-known companies across different sectors, including technology, finance, healthcare, and energy. Examples of stocks available for trading include Apple, Amazon, Microsoft, and Google.
BONDS: The platform also offers bond instruments for trading. Investors can access government bonds and corporate bonds, allowing them to diversify their portfolios and potentially earn income from fixed interest payments.
Pros and Cons
Pros | Cons |
Range of forex instruments for global currency trading | Operates without valid regulation |
Access to various commodity instruments | Website is currently down |
Trading opportunities in different global indices | No charts available for market instrumeents |
Account Types
PLAN 1 requires a minimum initial deposit of €250 and offers the Webtrader trading platform. The spread starts from 0.0 pips, and there are no commissions involved. This plan includes features such as negative balance protection and best execution for orders.
PLAN 2 involves a higher initial deposit of €2500 and provides access to the Webtrader trading platform. The spread starts from 0.3 pips, and there is a commission of €15 per million. Similar to the previous plan, this account type includes negative balance protection.
PLAN 3 requires a substantial initial deposit of €25000 and grants access to the Webtrader trading platform. The spread starts from 1.3 pips, and there is a commission of €23.5 per million. As with the other plans, this account type also provides negative balance protection and best execution for orders.
Pros and Cons
Pros | Cons |
Plan options to suit different needs | No demo account available |
Negative balance protection | Potentially high minimum deposit and transaction fees for withdrawals |
Limited advanced functionality compared to industry platforms |
Leverage
Lifetime Investments offers leverage options ranging from 1:100 to 1:300, with a specific leverage level of 1:200 available on their trading platform. Please note that higher leverage levels carry increased risk, and it's important for traders to understand and manage the potential risks associated with trading on leverage.
Spreads & Commissions
Lifetime Investments offers three plans with different spreads and commissions. Plan 1 has a spread of 0.0 pips and no commissions, Plan 2 has a spread of 0.3 pips and a commission of €15 per million, and Plan 3 has a spread of 1.3 pips and a commission of €23.5 per million.
Minimum Deposit
The minimum deposit amount is €250, which is the initial amount needed to fund a trading account and start engaging in trading activities through the platform.
Deposit & Withdrawal
Lifetime Investments accepts credit card payments and Bitcoin for deposits, including Visa, Mastercard, and etc. It's important to note that credit card payments can be reversed, whereas cryptocurrency transactions are irreversible. When it comes to withdrawals, there is a minimum withdrawal amount of $250 for wire transfers and $100 for other methods. Withdrawals are subject to transaction fees, with wire transfers incurring a fee of $50, credit card withdrawals having a fee of $25 plus a processing fee of $10, and ePayments withdrawals having a fee of $25. Additionally, a 10% levy will be charged for withdrawals from accounts with a turnover of less than 200 or from unverified accounts.
Pros and Cons
Pros | Cons |
Accepts credit card payments and Bitcoin for deposits | Credit card payments can be reversed, posing a risk for the broker |
Minimum withdrawal amount of $250 for wire transfers | Transaction fees for withdrawals, including wire transfer fees |
Offers multiple withdrawal methods | 10% levy for withdrawals from low-turnover or unverified accounts |
Trading Platforms
Lifetime Investments utilizes a web trading platform that provides essential features for order placement, chart customization, and technical indicator application. However, it falls short in terms of advanced functionality compared to widely used industry platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
Pros and Cons
Pros | Cons |
Essential features for order placement | Limited advanced functionality compared to industry platforms like MT4 and MT5 |
Chart customization options available | Lack of advanced trading tools information |
Ability to apply technical indicators | Website currently down, indicating potential reliability issues |
Customer Support
Lifetime Investments provides customer support through multiple channels. Customers can reach them by phone at +442070971934. In addition, they can contact customer support via email at support@ltinvest.cc.
Reviews
According to the review on WikiFX, a user expressed concern about Lifetime Investments' website having minimal content, which they found unusual. The review does not provide any further details or comments about the company.
Conclusion
In conclusion, Lifetime Investments operates without valid regulation, raising significant concerns about the safety and security of investments. While the platform offers a range of market instruments such as forex, commodities, indices, cryptocurrencies, stocks, and bonds, it lacks transparency and regulatory oversight. The account types vary in initial deposit requirements, spreads, and commissions. Leverage options are available but carry increased risk. The web trading platform provides basic features but lacks advanced functionality compared to industry-standard platforms. Customer support is accessible through phone and email. However, the limited content on the website and the absence of detailed reviews raise further doubts about the company's reliability. Caution is advised when considering engaging with Lifetime Investments due to the aforementioned factors.
FAQs
Q: Is Lifetime Investments a regulated company?
A: No, Lifetime Investments operates without any valid regulation.
Q: What market instruments can I trade with Lifetime Investments?
A: Lifetime Investments offers trading in FOREX, commodities, indices, cryptocurrencies, stocks, and bonds.
Q: What are the account types available with Lifetime Investments?
A: Lifetime Investments offers three account types: Plan 1, Plan 2, and Plan 3, each with different features and minimum deposit requirements.
Q: What leverage options does Lifetime Investments offer?
A: Lifetime Investments offers leverage ranging from 1:100 to 1:300, with a specific level of 1:200 available on their trading platform.
Q: What are the spreads and commissions with Lifetime Investments?
A: Lifetime Investments offers different spreads and commissions for each plan, ranging from 0.0 pips with no commissions to 1.3 pips with a commission of €23.5 per million.
Q: What is the minimum deposit amount with Lifetime Investments?
A: The minimum deposit amount is €250.
Q: What payment methods are accepted for deposits and withdrawals?
A: Lifetime Investments accepts credit card payments and Bitcoin for deposits. Withdrawals can be made through wire transfers and other methods.
Q: What are the fees and minimum withdrawal amounts for withdrawals?
A: Wire transfers have a minimum withdrawal amount of $250 and incur a $50 fee. Other withdrawal methods have a minimum withdrawal amount of $100 and additional transaction fees.
Q: What trading platform does Lifetime Investments provide?
A: Lifetime Investments offers a web trading platform with basic features but lacks advanced functionality compared to platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
Q: How can I contact customer support at Lifetime Investments?
A: Customer support can be reached via phone at +442070971934 or through email at support@ltinvest.cc.
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