Most demand deposit accounts pay 0% interest.

European currencies, like the Swiss franc, charge to hold demand deposits. Even in the U.S. at major banks, if you have a simple checking account with no minimum balance, the bank will charge a monthly maintenance fee of between $5 and $10.

Lastly, all banks that hold hard assets – such as gold – charge an annual maintenance fee of between 0.75% and 1%. And other hard assets, such as real estate, are subject to property taxes (which are wealth taxes) of between 1% and 2%. And that’s before maintenance costs are considered.

We are a warehousing company. We warehouse aluminum on behalf of investors. And all warehousing companies charge a fee so why wouldn’t we?

Watch our step-by-step video on how to open an account with us. The entire sign-up process should take no more than 5 minutes: all you need is your government-issued ID.


To qualify as a “security” also known as an “investment contract” Luminium Coin would need to qualify for the 4 criteria of the Howey Test.

Established the Supreme Court, an investment contract constitutes the following:

1. An investment of money

2. In a common enterprise

3. With the expectation of profit

4. To be derived from the efforts of others

When you invest in Luminium Coin, you invest in aluminum and make or lose money based solely on the performance price of aluminum. Your investment is not in the common enterprise of the company. Essentially, Luminium Coin is a warehouse receipt for aluminum.