Lemif (lemif.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: lemif.com.
I am in a dispute with Lemif (lemif.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Responsive team|High security standards|Market news feed|Multiple order types
Cons: No integrated tax optimization|Nothing significant
After spending for nearly two years trying to make Lemif (lemif.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Competitive fees|Risk management tools|Wide product range|Personal attention
Cons: Help articles are sometimes vague
I had high hopes for Lemif (lemif.com) from a blog post comparing services, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Social trading features|Tax reports included
Cons: Limited demo account features
The platform at Lemif (lemif.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since last summer of dealing with this, I have had enough.
Pros: Responsive team|Transparent fees|Easy to use platform|Social trading features
Cons: No phone support on weekends|Help articles are sometimes vague