The broker promises to open the doors to profitable trading, provide the best conditions, and elevate your financial success to new heights. However, is everything as smooth as they claim? Can you trust this company with your money, or is it just another scam broker that will vanish as soon as you deposit funds? There are almost no reviews about Lemintero online, which is highly suspicious.
Highlights
| Official Website | https://www.lemintero.com/ |
| Company Name | Lemintero |
| License Status | None |
| Account Types | Bronze, Silver, Gold, Platinum, Diamond, Premium, VIP |
| Demo Account | None |
| Assets Offered | Stocks, indices, metals, forex, crypto, commodities |
| Leverage | Undisclosed |
| Trading Platform | WebTrader |
| Deposit Methods | Visa/Mastercard, bank transfers |
| Withdrawal Time | 3-5 business days |
| Affiliate Program | Available |
Key Trading Features
The trading conditions at Lemintero, according to their official website, seem outright strange and raise more questions than answers. The company has created several account types, with a staggering minimum deposit requirement. The basic “Bronze” account demands an impressive €10,000. This is entirely disproportionate to the platform’s claimed accessibility. Most brokers offer starting deposits in the range of $10-$100 for beginners, but here, the initial amount is unattainable for most traders. The amounts only increase from there: “Silver” requires €25,000, “Gold” €50,000, and “Platinum” an extraordinary €100,000. And these are just the basic accounts. Advanced tiers like “Diamond”, “Premium”, and “VIP” raise the bar to an unbelievable €1,000,000. These are clearly not conditions designed for the average trader.
The account structure overall looks like a generic list of services. The differences between accounts are minimal, boiling down to vague terms like “personal assistant” and “access to the trading room”. There’s little specificity about what these services actually include. This comes across more as a marketing gimmick to justify the enormous deposit requirements.
The company offers an Islamic account, but there’s no cent account available. For many traders, especially beginners, a cent account would be a convenient way to start trading with minimal risk. The absence of this option is a clear downside for Lemintero.
In summary, Lemintero’s trading conditions are extremely unattractive. High minimum deposits, a lack of specificity regarding terms, the absence of a cent account, and the non-transparency surrounding leverage are all major red flags.
Overview of Available Trading Instruments
Lemintero is a CFD broker, meaning all trading is limited to CFDs. There’s no spot trading or futures available. As is widely known, CFDs are artificial financial instruments with fake quotes, making them easy to manipulate. Available asset classes include cryptocurrencies, stocks, metals, indices, commodities, and forex.
Trading Platform Analysis
We couldn’t register an account on the Lemintero website because it requires a registration code. Therefore, all information about the platform comes directly from the company’s claims. We have no way to evaluate the terminal firsthand and provide an objective review. Additionally, we recommend skepticism toward the broker’s statements, as they often boast pseudo-advantages and fabricated benefits.
The broker actively markets its trading platform as modern, convenient, and suitable for all traders. The company claims that its platform offers “fast execution” and ease of use. While this sounds appealing, there are no technical specifications or evidence to support these claims on the website. They emphasize that the platform is accessible via a browser and doesn’t require installation. While this is standard for most brokers, Lemintero tries to present it as a unique feature.
In words, this is presented as the best terminal. However, what’s the reality? It’s unknown. Most likely, Lemintero offers a basic web trader with standard features. Such a platform can hardly be considered advanced or professional.
Additional Services
Additional services are unimpressive: market reviews, webinars, e-books, video tutorials, and a personal assistant. None of these services are clearly described, leaving their actual value unclear. Oh, and Lemintero also offers a partnership program, but no details are disclosed about it.
Fee Structure
Instead of standard trading commissions, they mention “minimal service fees”, which are effectively hidden charges. However, the exact amounts of these fees are not specified anywhere. What are the trading commissions? What are the spreads? Zero information.
Deposit and withdrawal fees are similarly vague. The website claims that card deposits are processed instantly, and bank transfers take 1–2 days. As for withdrawals, it’s not as straightforward. The site states that processing withdrawal requests takes 3–5 business days, which is already longer than the industry average.
Legitimacy of Lemintero
Now, let’s address the most critical aspect — the broker’s legitimacy. Every trader knows that a legitimate broker is an open and transparent forex dealer with proper licensing. A reputable firm should clearly provide its legal address, credentials, and evidence of regulation and official registration. Does this apply to the subject of our review?
There’s no mention of licenses, and the listed office address is in the United Kingdom. If Lemintero claims to be a UK-based broker, it must be authorized by the FCA. We checked the FCA registry, and the firm is not listed.
This is the first red flag — illegal operations due to the lack of a license. But why is there no license? The answer is simple: Lemintero is a fake broker. Such an organization is not registered in the UK, meaning the listed address is fake. To confirm this, we checked the Companies House registry and found no company under this name.
Company History
There’s no information provided about the company’s operational timeline. Why not simply state the founding date? It seems the scammers don’t want people to know they lack experience in serving traders and are a new player in the industry. While the founding date is undisclosed, it’s easy to find out when Lemintero launched — just look at the domain registration date. The website was created on June 26, 2024. Not even a year has passed since its creation.
Conclusion
Lemintero is a clear scam, and there’s plenty of evidence to support this: no license, a fake address, opaque trading conditions, and hidden fees. We strongly advise against trusting this company with your money to avoid becoming a victim of fraud.
Weighing the Pros and Cons
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The site is additionally translated into Italian.
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No such firm exists in the UK.
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There is no financial oversight by regulators.
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The platform launched less than a year ago.
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Huge risk of losing money.
Common Questions
Can I get your money back if I have been victimized by a broker like Lemintero?
Recovering funds is possible but challenging and unlikely. Start with a chargeback through your bank or payment system, explaining that you’ve fallen victim to fraud. If the transaction was made via cryptocurrency, recovering funds would be almost impossible. It’s crucial to gather all the evidence: correspondence, payment receipts, and screenshots of the website. Sometimes, contacting regulatory authorities or law enforcement can also help.
How do I check if Lemintero is legally registered?
To check a broker’s legitimacy, start by looking for a license on their website. Then verify the license number on the official website of the regulatory authority, such as FCA, CySEC, or ASIC. If the company claims to be registered in a specific country, you can check its status in the country’s corporate registry, such as Companies House in the UK. The absence of such information or discrepancies is a clear sign of fraud.
It’s hard to believe there are traders who have sent their money to such an obvious scam. There’s no license – the most critical requirement for any forex broker! Moreover, this appears to be the work of anonymous scammers. I’ve seen websites like lemintero.com countless times. It’s as if the same template is being reused repeatedly.
I was recently the victim of a major scam by these gentlemen. Please never open any account on this platform and immediately report to the police authorities if you are contacted by someone who uses the name Lemintero.com.
Initially, you are contacted by an operator who suggests that you invest a small sum to open the account.
Subsequently, a dodgy Paolo Rubini (identity not verifiable and certainly false) will contact you, who will propose that you invest larger amounts and easy earnings. Unfortunately, like me, many have fallen for it.
After you have achieved a good profit and want to withdraw your money, problems arise, they make a thousand excuses and try to scam you again by telling you to put in more money to unlock the previous ones. Subsequently, when you have understood that they have scammed you, a dodgy Elly Melore (also a fictitious name and hawk) will contact you, who will say that she works for the blockchain.com site and wants to help you because they have received a scam report. She will also be their accomplice and will want to ask you to make more deposits to unlock your funds. Be careful, they are bad people, they will not stop even if you threaten them to want to commit s____de. The police authorities should stop these people, but unfortunately when you file a complaint the police are powerless and therefore all European citizens are vulnerable to these scammers. The only way to avoid the scam is to NEVER INVEST A CENT IN THIS SCAM PLATFORM.
NOTE: Be careful, they are very good and will try to make you trust them in every way by playing on your weaknesses. They will show you fake videos (processed with artificial intelligence), fake documents (often to make you feel safe they will show you falsified documents that do not correspond to their identities), they will lure you to chat only on telegram (of course these are also fake accounts), they call you from UK numbers but they are switchboards that travel on anonymous VPS and therefore untraceable. They are very experienced and know how to scam people big time. I will write many reviews about these people to prevent other people like me from losing the money that was needed to give a future to their children. But above all I will never lose hope that the police will one day be able to bring these criminals to justice and that they can march in prison.