Uncovering the Truth: Is LimmerCoin a Scam or Legit Online Broker?

LimmerCoin Review – Is it a Scam? – Online Broker


Cryptocurrency has been a popular investment option for many individuals looking to diversify their portfolio. However, with the rise of online trading, it has become increasingly important to find a reliable online broker to invest with. LimmerCoin is one of the many online brokers available, and in this review, we will take a closer look at its background, features, security measures, trading experience, and user reviews to determine if it is a reliable option for potential investors.

LimmerCoin Background

LimmerCoin was founded in 2018 and is based in the United Kingdom. The company is registered as Limmer Capital Ltd and is licensed and regulated by the Financial Conduct Authority (FCA). The FCA is a reputable regulatory body that ensures financial firms operate in a fair and transparent manner, providing a level of security for investors.

LimmerCoin Features

Trading Platform

LimmerCoin offers a user-friendly trading platform that is accessible through any web browser. The platform includes a variety of trading tools and indicators to assist investors in making informed trading decisions.

Account Types

LimmerCoin offers three account types: Basic, Gold, and Platinum. Each account type comes with different features, including higher leverage ratios and access to a personal account manager.

Trading Instruments

LimmerCoin offers a variety of trading instruments, including cryptocurrencies, forex, commodities, and indices, providing a diverse range of investment options for traders.

Payment Methods

LimmerCoin accepts a variety of payment methods, including credit/debit cards, bank transfers, and e-wallets such as Skrill and Neteller.

Customer Support

LimmerCoin offers 24/7 customer support through email and live chat. The support team is responsive and knowledgeable, providing prompt assistance to any queries or concerns.

Security Measures


LimmerCoin uses 128-bit SSL encryption to protect user data, ensuring that all information transmitted between the user and the website is secure.

Two-Factor Authentication

LimmerCoin offers two-factor authentication to add an extra layer of security to user accounts. This feature requires users to enter a unique code sent to their mobile device or email address to log in.

Account Verification Process

LimmerCoin requires users to verify their identity and address before they can start trading. This is a standard procedure to comply with anti-money laundering policies and prevent fraud.

Anti-Money Laundering Policies

LimmerCoin has strict anti-money laundering policies in place to prevent any illicit activities. The company also conducts regular audits to ensure compliance with these policies.

Trading Experience

Trading Fees

LimmerCoin charges competitive trading fees, with spreads starting from 0.1 pips for forex trading and 0.5% for cryptocurrency trading.

Deposit and Withdrawal Fees

LimmerCoin charges no deposit fees and withdrawal fees vary depending on the payment method used. Bank transfers and cryptocurrencies are free, while credit/debit cards and e-wallets may incur a small fee.

Trading Tools and Indicators

LimmerCoin offers a range of trading tools and indicators, including charting tools, technical analysis, and market news, to assist traders in making informed trading decisions.

Mobile Trading Experience

LimmerCoin does not have a dedicated mobile trading app but the website is optimized for mobile devices, ensuring a seamless trading experience on-the-go.

Trading Education Resources

LimmerCoin offers a range of trading education resources, including video tutorials, ebooks, and webinars, to help traders improve their skills and knowledge of the markets.

Pros and Cons of LimmerCoin

Advantages of LimmerCoin

  • Regulated by the FCA
  • Competitive trading fees
  • Range of trading instruments
  • User-friendly trading platform
  • Responsive customer support

Disadvantages of LimmerCoin

  • No dedicated mobile trading app
  • Limited educational resources compared to other online brokers

Comparison with Other Online Brokers

LimmerCoin compares favorably with other online brokers, offering competitive trading fees and a diverse range of trading instruments. However, it may fall short in terms of educational resources compared to some of its competitors.

LimmerCoin Scam Allegations

Common Scam Tactics

Online trading scams are unfortunately common, with scammers using tactics such as fake websites, unsolicited phone calls, and promises of unrealistic returns to trick unsuspecting investors.

LimmerCoin Scam Allegations

There are no significant scam allegations against LimmerCoin at this time. However, potential users should remain vigilant and conduct their research to ensure the safety of their investments.

Evidence Supporting or Refuting Scam Allegations

LimmerCoin is a licensed and regulated online broker that has been in operation since 2018. There is no evidence to suggest that it is a scam at this time.

User Reviews and Ratings

Analysis of User Reviews

User reviews of LimmerCoin are generally positive, with many users praising the user-friendly trading platform and responsive customer support.

LimmerCoin has a rating of 4.3/5 on Trustpilot, indicating a high level of customer satisfaction.

User Feedback on Social Media

LimmerCoin has an active social media presence, with many users engaging with the company on platforms such as Twitter and Facebook.


Based on our review, LimmerCoin appears to be a reliable online broker that offers a user-friendly trading platform, a diverse range of trading instruments, and competitive trading fees. While it may fall short in terms of educational resources compared to some of its competitors, its responsive customer support and strict security measures make it a reliable option for potential investors.

Recommendation for Potential Users

We recommend that potential users conduct their research and due diligence before investing with any online broker, including LimmerCoin. However, based on our review, we believe that LimmerCoin is a reliable option for individuals looking to invest in cryptocurrency and other trading instruments.

Future Outlook for LimmerCoin

LimmerCoin has been in operation since 2018 and has established itself as a reliable online broker. With its focus on user experience and security, we believe that it has a bright future ahead in the online trading industry.

Semantically Similar FAQs

  1. Is LimmerCoin a reliable online broker?
  2. How does LimmerCoin compare to other online brokers?
  3. What is the account verification process for LimmerCoin?
  4. Does LimmerCoin offer a mobile trading app?
  5. What is the customer support like at LimmerCoin?
  6. Are there any hidden fees when trading with LimmerCoin?
  7. What trading instruments are available on LimmerCoin?
  8. What is the trading education resources available on LimmerCoin?
  9. Has LimmerCoin been involved in any scams?
  10. How can I withdraw funds from my LimmerCoin account?