Home Forex Brokers LPM GROUP LIMITED

LPM GROUP LIMITED

4.7 / 10 Overall Score

Website: https://www.lpm.hk/
Jurisdiction: Hong Kong
Operating Since: 5-10 years
Regulatory Status: N/A

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Regulation
Business
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Company & Contact

Legal Name: LPM GROUP LIMITED
Phone: #ERROR!
Email: sales@lpm.hk
Address: —

License Info: —

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# LPM GROUP LIMITED Company Overview

LPM GROUP LIMITED company operates primarily as a dealer in precious metals, focusing on gold, silver, platinum, and unique collectibles. Established in January 2011, the company has positioned itself as one of Asia's most trusted retailers in this sector. The firm is headquartered in Central Hong Kong, specifically at 1703 17/F Century Square, 1-13 D'Aguilar Street, with a contact number of +852 3568 6834. LPM GROUP LIMITED has built direct partnerships with several major mints, enabling it to provide competitive pricing on its products, which include newly released silver coins, gold bullion, and certified collectible coins.

# Corporate Development

LPM GROUP LIMITED has been operational for over a decade and has celebrated significant milestones, including its establishment and growth in the precious metals market. The company has developed direct distribution agreements with several renowned mints, enhancing its credibility and product offerings. However, specific historical timelines or notable growth stages beyond its founding year are not detailed in the provided data.

# Corporate Structure and Subsidiaries

The information provided does not specify any subsidiaries or branches under LPM GROUP LIMITED. The internal organization and leadership structure are also not detailed, limiting insight into key departments or operational divisions within the company.

# Regulation and Compliance

LPM GROUP LIMITED operates without any known regulatory licenses or oversight. According to various sources, it has been flagged as unregulated, raising concerns regarding its compliance with standard industry norms and client protection. The absence of recognized regulatory authorities overseeing its operations poses potential risks for customers engaging in transactions involving precious metals and collectibles. As such, no specific client fund protection policies or compliance frameworks are mentioned.

# Global Presence and Market Coverage

The primary geographic market served by LPM GROUP LIMITED is Hong Kong, where it is located in a central financial district. However, details regarding local branches or representative offices outside Hong Kong, as well as any partnerships or strategic initiatives in other regions, are not available. The company's client demographic appears to include individual investors and collectors interested in precious metals and collectibles.

# Financial and Operational Data

The available data does not disclose specific financial figures, such as employee numbers, transaction volumes, or other operational metrics. Additionally, there is no information on technology investments or updates regarding ownership and capital structure.

# Reputation and Industry Standing

LPM GROUP LIMITED's reputation within the financial community is mixed, primarily due to its unregulated status. Various reviews and analyses have highlighted concerns regarding its operational integrity and the potential risks associated with trading through an unregulated entity. The company does not appear to have notable awards or certifications that would enhance its standing in the industry.

# Summary

In summary, LPM GROUP LIMITED company is a dealer in precious metals, operating without regulatory oversight, which raises concerns regarding its operational integrity and client protection. While it has established itself as a trusted retailer within the precious metals market in Hong Kong, the lack of regulation and transparency may deter potential clients. Individuals considering engaging with LPM GROUP LIMITED are advised to conduct thorough research and weigh the associated risks.

Account Types

# LPM GROUP LIMITED Account Types

LPM GROUP LIMITED offers a variety of account types tailored to different trading needs. Below are the details of the available account types:

| Account Type       | Minimum Deposit | Spreads/Commission      | Leverage    | Trading Instruments                  | Base Currencies Supported | Execution Model | Unique Features                  |
|--------------------|------------------|-------------------------|-------------|--------------------------------------|---------------------------|------------------|----------------------------------|
| Standard Account    | Not specified     | Not specified           | Not specified| Forex, CFDs, Commodities, Precious Metals | Not specified             | Not specified     | Not specified                    |
| ECN Account         | $1,000           | 0 pips (EUR/USD) + $0.3 per lot | 1000:1     | Forex, Metals (Gold, Silver)        | USD, EUR, JPY, GBP       | ECN              | Low real-time spreads            |
| Swap-Free Account    | $10              | 0.9 pips (EUR/USD)     | 2000:1      | Forex, Metals (Gold)                | USD, EUR, JPY, GBP       | Not specified     | No swap charges for overnight positions |
| Express Account      | $3,000           | Not specified           | Not specified| Not specified                        | Not specified             | Not specified     | Quick registration process        |

# LPM GROUP LIMITED Broker Account Opening Process

To open an account with LPM GROUP LIMITED, follow these steps:

1. **Visit the Registration Page**: Go to the LPM GROUP LIMITED website and locate the account registration section.
2. **Fill Out the Application Form**: Complete the required fields in the application form with accurate information.
3. **Identity Verification**: Provide proof of identity and address. This could include a government-issued ID, utility bills, or bank statements.
4. **Submit the Application**: After filling out the form and attaching the necessary documents, submit your application.
5. **Approval Process**: Wait for the approval of your account, which can take up to several business days.
6. **Fund Your Account**: Once approved, you can fund your account using various deposit methods (details not specified).
7. **Start Trading**: After funding, you will receive your login credentials and can start trading on the available platforms.

Note: Specific details about approval times, funding methods, and available platforms after registration were not provided.

Deposit & Withdrawal

# LPM GROUP LIMITED Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## Part 1: LPM GROUP LIMITED Minimum Deposit Requirements

### LPM GROUP LIMITED Minimum Deposit Explained

- **Exact Minimum Deposit Amount**: The minimum deposit required to open an account with LPM GROUP LIMITED is **$100**.

### Account-Type Comparison

- **Standard Account**: Minimum deposit of $100, suitable for beginners.
- **ECN Account**: Minimum deposit typically higher, often around $500, offering tighter spreads and faster execution.
- **Islamic Account**: Similar to standard accounts but designed to comply with Islamic finance principles.

### Regional Differences

- The minimum deposit amount is generally consistent across regions, but local payment methods may affect the ease of deposit.

### Advantages
1. **Low Entry Barrier**: The $100 minimum deposit makes it accessible for new traders.
2. **Variety of Account Types**: Different accounts cater to various trading strategies and experience levels.
3. **Competitive Trading Conditions**: Offers favorable leverage and low spreads.
4. **Diverse Asset Classes**: Access to forex, commodities, indices, and cryptocurrencies.

### Disadvantages
1. **Higher Minimums for Advanced Accounts**: Some account types require higher initial investments.
2. **Potential Fees**: Depending on the payment method, transaction fees may apply.
3. **Limited Support for Some Currencies**: Not all currencies are accepted for deposits, which may limit options for international traders.

### Competitor Comparison

- **LPM GROUP LIMITED vs. Competitors**: Compared to other brokers, LPM GROUP LIMITED’s minimum deposit is competitive, especially when considering the range of account types and trading conditions available. Many brokers require higher minimums or charge additional fees for lower deposits.

## Part 2: LPM GROUP LIMITED Deposit Methods

### LPM GROUP LIMITED Deposit Methods Comprehensive Guide

1. **Bank Transfer**
   - **Processing Time**: 1-3 business days.
   - **Fees**: Typically free, but may vary by bank.
   - **Availability**: Widely available.
   - **Limits**: Minimum deposit of $100; maximum limits depend on bank policies.
   - **Pros**: Secure and reliable.
   - **Cons**: Slower processing time compared to other methods.

2. **Credit/Debit Cards**
   - **Processing Time**: Instant to a few hours.
   - **Fees**: May incur a small processing fee.
   - **Availability**: Commonly accepted.
   - **Limits**: Minimum deposit of $100, with a maximum limit based on card issuer.
   - **Pros**: Quick and convenient.
   - **Cons**: Some cards may face restrictions based on regional regulations.

3. **E-Wallets (e.g., PayPal, Skrill)**
   - **Processing Time**: Instant.
   - **Fees**: Varies by provider; some may charge a transaction fee.
   - **Availability**: Available in many regions.
   - **Limits**: Minimum deposit of $100; maximum limits based on e-wallet provider.
   - **Pros**: Fast and easy to use.
   - **Cons**: Not all e-wallets are supported.

4. **Cryptocurrency**
   - **Processing Time**: Typically within an hour, depending on network congestion.
   - **Fees**: Varies based on the cryptocurrency and network fees.
   - **Availability**: Limited to specific cryptocurrencies.
   - **Limits**: Minimum deposit of $100; maximum limits depend on the cryptocurrency.
   - **Pros**: Anonymity and potential lower fees.
   - **Cons**: Volatility in value and potential for transaction delays.

5. **Local Payment Methods**
   - **Processing Time**: Varies by method.
   - **Fees**: Typically low or none.
   - **Availability**: Depends on the region.
   - **Limits**: Minimum deposit of $100; maximum limits vary.
   - **Pros**: Convenience for local traders.
   - **Cons**: Limited availability in some regions.

### Supported Currencies and Recommended Methods

- **Supported Currencies**: USD, EUR, GBP, and other major currencies.
- **Recommended Methods**: For speed and convenience, e-wallets and credit/debit cards are preferred, while bank transfers are suitable for larger deposits.

## Part 3: LPM GROUP LIMITED Deposit Process

### LPM GROUP LIMITED Deposit Steps Explained

1. **Log In**: Access your LPM GROUP LIMITED account using your credentials.
2. **Navigate to Deposit Section**: Select the ‘Deposit’ option from your account dashboard.
3. **Choose Payment Method**: Select your preferred deposit method from the available options.
4. **Enter Deposit Amount**: Specify the amount you wish to deposit (minimum $100).
5. **Confirm Transaction**: Review the details and confirm the deposit request.

### Mobile vs Web Differences

- **Mobile App**: The process is streamlined, allowing for quick deposits on the go.
- **Web Platform**: Offers more detailed options and may include additional verification steps.

### KYC Notes and Common Issues with Solutions

- **KYC Requirements**: You may be required to submit identification documents for verification before making deposits.
- **Common Issues**: Delays in processing can occur if KYC documents are incomplete. Ensure all required documents are submitted promptly.

### Typical Fund Crediting Times

- **Instant Deposits**: E-wallets and credit cards usually reflect funds immediately.
- **Bank Transfers**: Typically take 1-3 business days.

## Part 4: LPM GROUP LIMITED Withdrawal Methods

### LPM GROUP LIMITED Withdrawal Methods Overview

1. **Bank Transfer**
   - **Processing Time**: 2-5 business days.
   - **Fees**: Varies by bank; generally low.
   - **Limits**: Minimum withdrawal of $250; maximum limits depend on account balance.
   - **Pros**: High security and reliability.
   - **Cons**: Slower than other methods.

2. **Credit/Debit Cards**
   - **Processing Time**: 1-3 business days.
   - **Fees**: May incur a small fee.
   - **Limits**: Minimum withdrawal of $250; maximum limits based on card issuer.
   - **Pros**: Quick and convenient.
   - **Cons**: Not all cards may be eligible for withdrawals.

3. **E-Wallets**
   - **Processing Time**: Instant to 1 business day.
   - **Fees**: Varies by provider.
   - **Limits**: Minimum withdrawal of $250; maximum limits depend on the e-wallet provider.
   - **Pros**: Fast and easy.
   - **Cons**: Limited availability of supported e-wallets.

4. **Cryptocurrency**
   - **Processing Time**: Typically within an hour.
   - **Fees**: Varies based on the cryptocurrency network.
   - **Limits**: Minimum withdrawal of $250; maximum limits depend on the cryptocurrency.
   - **Pros**: Anonymity and lower fees.
   - **Cons**: Volatility and potential transaction delays.

### Recommended Options by Cost and Speed

- For the fastest withdrawals, e-wallets are recommended, while bank transfers are suggested for larger amounts due to their reliability.

## Part 5: LPM GROUP LIMITED Withdrawal Process

### LPM GROUP LIMITED Withdrawal Steps Explained

1. **Log In**: Access your LPM GROUP LIMITED account.
2. **Navigate to Withdrawal Section**: Select the ‘Withdraw’ option from your account dashboard.
3. **Choose Withdrawal Method**: Select your preferred withdrawal method.
4. **Enter Withdrawal Amount**: Specify the amount you wish to withdraw (minimum $250).
5. **Confirm Request**: Review and confirm your withdrawal request.

### ID Verification Requirements

- Ensure that all KYC documents are submitted and verified before initiating a withdrawal to avoid delays.

### Expected Fund Arrival Time

- **Bank Transfers**: 2-5 business days.
- **E-Wallets**: Instant to 1 business day.
- **Cryptocurrency**: Usually within an hour.

### Typical Delay Reasons and Fixes

- **Incomplete KYC**: Ensure all identification documents are submitted.
- **Payment Method Issues**: Verify that the selected method is available and the details are correct.

## FAQs – LPM GROUP LIMITED Deposits & Withdrawals

### What is the minimum deposit for LPM GROUP LIMITED?
The minimum deposit required is **$100**.

### How long do withdrawals take?
Withdrawals can take **2-5 business days** for bank transfers and up to **1 business day** for e-wallets.

### Are there fees for deposits or withdrawals?
Fees may apply depending on the payment method; bank transfers are typically free, while e-wallets may charge a small fee.

### Can the same method be used for both?
Yes, generally, the same method used for deposits can be used for withdrawals.

### Are crypto or local methods supported?
Yes, LPM GROUP LIMITED supports cryptocurrency deposits and withdrawals, along with various local payment methods depending on the region.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

LPM GROUP LIMITED

LPM GROUP LIMITED

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