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.

Lemintero names the types of commissions, including withdrawal fees, but does not specify their amounts. 

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.

FAQ

What are the key facts about Lemintero?

The intermediary does not disclose information about the company's registration date and does not provide certificates or other documents. Meanwhile, the site owners indicate the address of the office in London and report the absence of licenses for brokerage activities. It should be noted that this organization is not included in the registers of legal entities in any country, including the UK.

What's the risk to my wallet when working with this broker?

Cooperating with an illegal firm that does not have any licenses is dangerous for you. The whole point is that the anonymous owners of the site can block your account at any moment and no one will help you to return your invested funds. So, the risk of damage is 100%.

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