The brokerage firm positions itself as a global forex dealer and CFD provider. According to the official website, this intermediary guarantees clients the security of cooperation. Meanwhile, although the company allegebly has an office in the UK, where all brokerage services are regulated, it does not provide an FCA license.
Is the information about this project on its website true and can you trust the security promises? Before investing your money in Lemintero, read our review and find out the truth about this broker.
How to Trade
Clients can access a web-based platform with “all the features they need”. However, you won’t be able to verify this claim without registering an account. The broker provides the following services:
- 7 trading plans.
- Islamic account.
- Trading Signals.
Except for the sky-high minimum deposit amounts, the trading terms and conditions are not disclosed on the website. You can make deposits using VISA and MasterCard debit/credit cards, as well as electronic and cryptocurrency wallets. The withdrawal process takes from 3 to 5 business days.
The intermediary promises to provide a separate account for storing users’ funds. Educational services have a limit, then you will be required to pay a fee.
Lemintero Vital Info
The anonymous owners of the platform do not indicate the start date of the project, but only say that they have been providing brokerage services for a “long time”. In addition, they prefer to hide all important information about trading and the company behind lengthy arguments. As for the domain, it was created in June 2024. Hence, the broker does not have a long history.
We decided to check the registration of the brand in the UK register of legal entities. As we expected, Lemintero is not on this list. According to information on the website, this organization has not yet “received a license to work as a broker”. Despite this, the platform owners provide services to clients without legal permission from the authorities.
It's a pity that I only found out about this forex broker recently. I would have opened an account here a long time ago and would have started making money on forex and CFDs much sooner. The conditions are very good at Lemintero, they are in the form of low spreads and reasonable commissions. In addition, there is an opportunity to trade various commodities. The broker offers to use a modern, multifunctional trading platform, which works stably and without failures! You can withdraw money without any problems. The firm has been in business for a long time and can be fully trusted. The only issue I was concerned about was the minimum deposit amount. Lemintero is aimed at affluent clients with quite large capitals, so I had to ask my relatives for money to start trading. But I had already made money and withdrew it to pay off my debt. Now I have my own capital to continue trading.
I opened an account here because my manager promised me a bonus when I registered. And Lemintero really gave it. Trading conditions are usual - not bad, simple, the same as other brokers, and there are minimal differences in quotes. You can make speculations not only on currency pairs but also on shares of international companies. I have not tried to earn in this way yet, because I manage to earn well on forex. Sometimes I increase my account thanks to profits, but not more than 20% monthly, and only thanks to analytics - I am still learning. I started trading on lemintero.com only 2 months ago. I work without a contract - it's bad, but the broker withdraws money to a bank card very fast. I will see what happens next. There is the usual trading platform. However, I have problems with its work on my phone, so I trade only on my computer. It's not a big deal :) Overall, I am satisfied with Lemintero, although there may be other brokers that provide better trading conditions, but I am quite satisfied with this intermediary.
The security of cooperation with this broker raises many questions for me. Users' information is not sufficiently protected and is at risk. This raises concerns about the privacy and security of funds. Lemintero support needs improvement. The staff are unable to respond quickly to customer inquiries, resulting in delays in problem resolution and a poor customer experience.
What interesting things have you noticed here? In my opinion, lemintero looks like an ordinary intermediary company that tries to look like a professional and best broker, although in reality it is not. Take their trading platform for example. What makes it better than others? The platform is not good at all. It cannot be downloaded to your computer, you can only use it as a web trader. Limited functions and lack of automatic trading. This terminal is significantly inferior to Metatrader, even version 4. Why don't companies use MT4 instead of other programs? Because it is more expensive and makes no sense! This broker is created for scams, so there is no point in using expensive and efficient software when you can do with a cheaper and less functional variant. Traders don't need to trade at lemintero.com - they will be scammed. I don't understand the logic behind such leverage. They have a minimum size at the lowest rate, and the bigger the deposit, the bigger the leverage. Note that it should be exactly the opposite. Leverage is used to increase small capital. But scammers know that traders waste their deposits, so they offer high leverage to attract large investments and lose them quickly. LEMINTERO has no advantages that could make it an advanced trading platform. In addition, there are no PAMM accounts or demo accounts.
You will never be able to withdraw even your deposit from here, let alone your earnings!!! I deposited 5,320 euros in this scam and soon the crooks blocked my account...
The broker was disappointing me with its trading platform. The interface is outdated, awkward to use, and often prone to crashes. This creates stress for traders, preventing them from focusing on market opportunities.
I started trading here and at the beginning everything was fine: the consultants were helpful, gave investment advice and the forecasts were accurate. However, then some difficulties arose. Then I decided to withdraw my money, 567 LTC, and LEMINTERO managers immediately made new demands: to pay insurance, commission, etc... The balance increased during my trading, but I can't withdraw my money. LEMINTERO managers are delaying the return of my money.
You can find information about any UK company - it's very easy, because the UK company register is public and contains information about companies freely available. You can find information on company status, structure, filing deadlines and other information. I did this and did not find LEMINTERO either in the register or at the given address in London. It is a SCAM!!!
This is a SCAM! It may have been a good broker before, but now LEMINTERO managers are trying to take as much money from traders as possible. I have verified all this from my own experience. I found a spike of 70 pips on the chart, of course, my balance went deep into the red. I contacted support, but the operators did not tell me anything adequate, and the trade was not canceled. I lost 487 USDT in an instant! I do not recommend you to work with these scammers!!!
I have been trading on Forex for a long time and often change brokers because there is always something new and interesting, with conditions more favorable than in the present! So I got to this broker, Lemintero representatives called and offered interesting starting conditions, gave a small bonus on the initial deposit, if I deposit more than a certain amount. I was quite satisfied with it, I have tried several withdrawals already, and it works perfectly at lemintero.com. I don't think I will stay here for a long time, because there is always something new, but for now I am working here and it is already the sixth month of my cooperation with Lemintero. Usually I make final conclusions about the site after this period, and I go to write a review about it, with the opinion made for six months of trading. So here is my opinion: the site fully justifies expectations, Lemintero works strictly according to the regulations, I recommend you to read the agreement carefully.
GBPNZD chart crashed, causing 6 trades to close, 4 of which were heavily in the red. Lemintero did not recognize the glitch as a reason to refund me 1,472 dollars, they refused to cancel the trades, citing the possibility of glitches. I believe that this should not happen! Especially if a brokerage company wants to be a reliable partner and not behave like a scam.