Leverage Portfolio Ltd is a financial trading service platform established in 2020, with an operational address in New Zealand. Despite having a physical registration record, the platform lacks financial regulatory support, raising concerns about investors' fund safety and platform compliance. Investors should exercise extreme caution when using this platform without oversight from financial regulatory authorities.
Company Background:
The official website of Leverage Portfolio Ltd is: https://leverageportfolioltd.com/, with the domain registration date being May 30, 2024. The platform's operating address is shown as 27 Kestev Drive, Flat Bush, Auckland, 2016, New Zealand. Upon inquiry, this address matches the company's registration information, with the registration date being August 17, 2020.
Is this Company Safe?
Despite having a physical registration in New Zealand, Leverage Portfolio Ltd is currently unregulated by any financial regulatory body, thus classified as an unregulated platform. The absence of financial regulation means that users' fund safety is not assured, and the platform's legality and compliance cannot be verified. Users should be cautious when using such an unregulated platform, especially in transactions involving large sums of money, and should understand the associated risks.
Account Registration Process:
- Log in to the Leverage Portfolio Ltd website and click on the registration button
- Fill in the application form
- Submit identity verification/my number verification documents
- Deposit funds and start trading
Account Types:
- Silver Plan: Minimum deposit $100, maximum deposit $4,999
- Silver Plan: Minimum deposit $5,000, maximum deposit $19,999
- Gold Plan: Minimum deposit $20,000, maximum deposit $49,999
- Diamond Plan: Minimum deposit $50,000, no maximum deposit limit
Trading Software:
Leverage Portfolio Ltd uses the renowned MetaTrader 4 (MT4) as its trading software. MT4 is one of the world's leading online trading platforms, favored by traders for its stability, powerful technical analysis tools, robust charting capabilities, and automated trading features. Through MT4, users can access various financial markets, including forex, cryptocurrencies, stocks, and commodities, for secure and efficient trading operations.
Trading Products:
Leverage Portfolio Ltd offers a diverse range of financial trading products, catering to the needs of different investors. The main trading products include:
- Real Estate: Provides investors with real estate-related financial products or pricing information to help users make investment decisions based on the real estate market.
- Cryptocurrencies: The platform supports trading in multiple mainstream cryptocurrencies, offering real-time pricing services, allowing users to invest in price fluctuations of digital assets like Bitcoin and Ethereum.
- Stocks and ETFs: The platform provides price information for stocks and exchange-traded funds (ETFs), enabling users to conduct investment operations based on stock and fund markets, tracking the performance of popular companies or industries.
- Commodities: Covers a variety of commodity trading products, such as crude oil, natural gas, and gold, allowing users to trade based on commodity price fluctuations.
What Are the Spreads, Leverage, and Commissions?
Leverage Portfolio Ltd has not disclosed specific details about its trading spreads, leverage, and commissions. Spreads are the differences between the bid and ask price, directly affecting trading costs; leverage refers to the ratio of borrowed funds used by investors, which can magnify trading profits but also increases risk; commission is a fixed fee charged by the platform on each trade. The lack of disclosure of this information means that investors cannot clearly assess the trading costs and potential risks. This lack of transparency may conceal a high fee structure or unfair trading conditions, increasing the uncertainty of trading.
What Are the Deposit and Withdrawal Methods?
Leverage Portfolio Ltd has also not disclosed its specific deposit and withdrawal methods. Typically, compliant financial platforms offer multiple convenient deposit and withdrawal channels for users, such as bank transfers, credit card payments, electronic wallets, or cryptocurrency transactions. Detailed explanations of deposit and withdrawal methods are crucial for users to understand the security of funds flow, processing times, and potential fees. The lack of disclosure of this information could mean users face risks such as insufficient liquidity or hidden fees, and may encounter delays or high fees in deposit and withdrawal, increasing the difficulty and uncertainty of fund management.
Customer Support:
Leverage Portfolio Ltd has not provided any form of customer support information. Ordinarily, legitimate financial trading platforms offer multiple customer support channels, such as telephone, online chat, and email support, to help users resolve issues or technical failures during the trading process. The lack of customer support means users cannot receive timely assistance when encountering problems, especially in matters involving funds or technical operations, significantly increasing users' risk and inconvenience.
Educational Resources:
The platform also does not provide any educational resources or trading guidance.
Conclusion:
Despite having physical registration information, Leverage Portfolio Ltd's issues of lack of regulation and transparency cannot be overlooked. The undisclosed trading fees, deposit and withdrawal methods, and absence of customer support expose users to numerous uncertainties and risks during trading. For investors, choosing a regulated and transparent trading platform is crucial. When using an unregulated platform like Leverage Portfolio Ltd, it is essential to exercise caution, especially in transactions involving large sums of money, and to thoroughly assess potential risks to ensure fund safety.
