LION GLOBAL claims to offer services in forex, commodities, and index trading. The platform's domain was registered on January 4, 2023. However, no registration information for this company has been found on the UK Companies House, and it has not provided detailed global regulatory information for user verification. These factors raise serious concerns about the platform's legitimacy and safety. The official website of LION GLOBAL is: https://plioninvest.com
Background of LION GLOBAL:
The domain was registered on January 4, 2023. No registration information for this company has been found on the UK Companies House.
Regulatory Information of LION GLOBAL:
LION GLOBAL claims to offer trading services in forex, commodities, and indices, operated by LION GLOBAL LIMITED in the UK. Despite displaying global regulation on its website, no specific regulatory information is provided for user verification. Searches in the UK Companies House and the Financial Conduct Authority (FCA) yielded no registration records for this company. This indicates that LION GLOBAL is neither registered nor regulated in the UK, reflecting a lack of legitimacy and transparency. Investors are advised to avoid trading on this platform to prevent financial losses.
Account Registration Process of LION GLOBAL:
- Visit the LION GLOBAL website and click the registration button
- Fill out the application form
- Submit identity verification/document verification
- Deposit funds and start trading
Account Types of LION GLOBAL:
STANDARD ACCOUNT:
- Spread: 1.5-2.5 points on major trading pairs
- Minimum deposit: $200
- Minimum trade size: 0.01 lots (micro lots)
- Commission: $0
VIP ACCOUNT:
- Spread: about 0.5 points on major trading pairs
- Minimum deposit: $100,000
- Minimum trade size: 0.01 lots (micro lots)
- Commission: $0
Trading Software of LION GLOBAL:
LION GLOBAL offers MetaTrader 5 (MT5). This popular trading system is renowned for its powerful features and flexibility, catering to various investor needs and preferences. The MetaTrader platform provides a wide range of analysis tools, charts, and automated trading functions, enabling traders to effectively execute diverse trading strategies.
Trading Products of LION GLOBAL:
LION GLOBAL's trading products include the following categories:
- Forex Trading: Offering various currency pairs to meet different investor needs. Traders can participate in buying and selling major currency pairs globally, such as USD, EUR, GBP, and JPY, leveraging fluctuations in exchange rates for speculation and investment.
- Metals Trading: Including precious metals like gold and silver. The precious metals market is often considered a safe haven, providing investors with a hedge against inflation and market uncertainty.
- Indices Trading: Offering trading of major global indices such as S&P 500, Dow Jones Industrial Average, and NASDAQ 100. Indices trading allows investors to diversify risk by participating in the overall market performance.
- Commodities Trading: Covering energy products like oil and natural gas, as well as other commodities like agricultural products. The commodities market offers diverse investment opportunities, helping investors maximize returns under different market conditions.
By providing these diverse trading products, LION GLOBAL aims to meet the different needs and preferences of investors, helping them find suitable investment opportunities in the global financial markets.
Spreads, Leverages, and Commissions of LION GLOBAL:
- Spreads: The spreads for major trading pairs in the Standard Account range from 1.5 to 2.5 points, while in the VIP Account, the spreads are approximately 0.5 points.
- Commissions: Both account types offer commission-free trading.
- Leverage: Leverage information is not specifically disclosed on the website and needs to be verified by the user.
Deposit and Withdrawal Methods of LION GLOBAL:
The specific deposit and withdrawal methods of LION GLOBAL are not detailed on their official website. Usually, traders may be able to use various common payment methods, including bank transfers, credit cards, and electronic wallets.
Customer Support of LION GLOBAL:
Email: support@ngelpartners.com
Conclusion:
LION GLOBAL has not provided reliable regulatory information or registration proof, raising doubts about the legality of its operations. Investors should exercise caution when choosing a trading platform and prioritize those that are transparent, regulated, and reputable to ensure the safety of their funds and the smooth conduct of transactions. In the absence of specific regulatory and registration information, it is advised to avoid trading on LION GLOBAL. LION GLOBAL is flagged as "Suspected Fraud" on TraderKnows.
