Score

2.27 /10
Danger

Limit Markets

Mauritius

5-10 years

Suspicious Regulatory License

MT4 Full License

Global Business

High potential risk

C

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.11

Risk Management Index0.00

Software Index8.97

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Limit Markets Ltd

Company Abbreviation

Limit Markets

Platform registered country and region

Mauritius

Company website

Twitter

Facebook

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Limit Markets · Company summary
Limit Markets Review Summary
Founded2020
Registered Country/RegionMauritius
RegulationNo license
Market Instruments130+ products - Forex, Commodities, Indices, Metals, Stocks
Demo AccountAvailable
Leverage1:500
SpreadFrom 1.1 pips (Classic Account)
From 0.5 pips (Pro Account)
From 0.1 pips (Elite Account)
Trading PlatformsMetaTrader 4/5
Minimum Deposit$100
Customer SupportContact form (24/7)
Phone:+230 245 6703
Email: info@limitmarkets.com
Registered Office: Premier Business Centre, 10th Floor, Sterling Tower, 14, Poudriere Street, Port-Louis, Mauritius
Social Media: Facebook, Instagram, Twitter
Bonus & Promotion100% welcome bonus up to $10,000
Regional RestrictionsResidents of Democratic Peoples Republic of Korea (North Korea), Iran, Myanmar, US, Russia, Venezuela, Turkey, and Canada are excluded

Limit Markets Information

Limit Markets is an unregulated online trading platform founded in 2020 and registered in Mauritius. It offers a variety of market instruments for trading, including Forex, Commodities, Indices, Metals, and Stocks with leverage up to 1:500 and spread from 0.1 pips on the MT4 and MT5 trading platforms.

Limit Markets' homepage

Pros & Cons

ProsCons
  • High Leverage
  • No Regulation
  • Multiple Account Types
  • Multiple Customer Support Channels

Pros:

  • High Leverage: Limit Markets offers a high maximum leverage of 1:500 that allows traders to control large positions with a relatively small amount of capital.
  • Multiple account types: The platform offers diverse account types, including the Classic Account, Pro Account, and Elite Account.
  • Multiple Customer Support Channels: Limit Markets provides various customer support channels including phone, email, live chat, and social media.

Cons:

  • No Regulation: It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Is Limit Markets Safe?

Limit Markets asserts that it keeps customer funds in segregated bank accounts, a practice that generally enhances the safety of client funds by keeping them separate from the companys operational funds.

However, the lack of valid regulatory oversight raises concerns. Regulatory bodies enforce standards and practices that ensure a brokers operations are transparent and compliant with industry norms. Without such oversight, there is no official assurance of Limit Markets' adherence to these practices or the financial protection of its clients.

No license

Market Instruments

Limit Markets provides over 130 trading products. This broad selection includes opportunities to engage in Forex, Commodities, Indices, Metals, and Stocks trading.

forex
indices
metals
commodities
stocks

Account Types

  • Classic: The Classic account has a minimum deposit requirement of just $100. It isaccessible to a wide range of traders.
  • Pro: This account sets a minimum deposit requirement of $500. It is suitablefor more experienced and advanced traders.
  • Elite: It carries a higher minimum deposit requirement set at $1,000. It is a good option for those looking for premium features and services.
Account Types

Demo and swap-free Islamic accounts are also available. You can open multiple accounts with different account types.

Leverage

Limit Markets offers a high maximum leverage of 1:500 for all its account types. This high maximum leverage is a key feature across all account types, providing a consistent opportunity for traders to maximize their trading capabilities regardless of their chosen account.

Spreads & Commissions

Limit Markets provides varying spreads for different account types. The Classic Account, with a spread starting from 1.1 pips, is suitable for traders who may be more focused on lower minimum deposit requirements, while the Pro Account, with a spread starting from 0.5 pips, could cater to traders seeking a balance between cost efficiency and account features. The Elite Account, with the lowest spread starting from 0.1 pips, is likely designed for more experienced or active traders who prioritize tight spreads and competitive pricing.

Account TypeSpreads
ClassicFrom 1.1 pips
ProFrom 0.5 pips
EliteFrom 0.1 pips

However, Limit Markets do not charge any commission fees regardless of which option you choose.

Trading Platforms

Limit Markets offers MetaTrader 4 and MetaTrader 5 trading platforms.

  • MetaTrader 4 (MT4): This is a popular trading platform among forex traders due to its advanced charting capabilities, numerous technical indicators, and ability to run automated trading strategies.
  • MetaTrader 5 (MT5): This is an upgraded version of MT4, offering additional features such as more timeframes, depth of market, and the ability to trade other instruments such as stocks and commodities.

Deposits & Withdrawals

The platform accepts PayPal, Wire Transfer, Neteller and Skrill, Dragonpay, and Bitcoin. More detailed info about deposit/withdrawal fees and processing time are not revealed directly on their website.

payment methods

Bonus & Promotion

Limit Markets claims to offers 100% welcome bonus up to $10,000, more details can be found in the table below, or you can directly visit the link: https://limitmarkets.com/welcome-bonus/

Your deposit Trading bonus appliedYour trading bonusTrading capital
$100100% on $100$100$200
$500$100 on $500$500$1,000
$1,000$100 on $500 + 20% on $500$500 + $100=$600$1,600
$2,000$100 on $500 + 20% on $1,500$500 + $300=$800$2,800
$10,000$100 on $500 + 20% on $9,500$500 + $900=$2400$12,400
$47,500$100 on $500 + 20% on $47,000$500 + $9,500=$10,000 (max amount)$57,500
$60,000$100 on $500 + 20% on $59,500$500 + $9,500=$10,000 (max amount)$70,000

Customer Service

  • Contact form (24/7)
  • Phone: +230 245 6703
  • Email: info@limitmarkets.com
  • Registered Office: Premier Business Centre, 10th Floor, Sterling Tower, 14, Poudriere Street, Port-Louis, Mauritius
  • Social Media: Clients can connect with Limit Markets through various social media channels, including Facebook, Instagram, and Twitter.
contact form
contact details

Q&A

Does Limit Markets offer demo accounts?

Yes.

What is the minimum deposit for Limit Markets?

$100 to open an account.

At Limit Markets, are there any regional restrictions for traders?

Yes. Limit Markets Limited does not provide services to the residents of Democratic Peoples Republic of Korea (North Korea), Iran, Myanmar, US, Russia, Venezuela, Turkey, Canada.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

News

NewsLimit Markets: Reliable, Regulated Trading Broker Since 2020

Learn about Limit Markets, a Mauritius-regulated broker offering diverse trading instruments, high leverage, and robust security features for informed trading.

WikiFX
2024-05-14 18:10
Limit Markets: Reliable, Regulated Trading Broker Since 2020

ExposureLimit Markets: Reliable, Regulated Trading Broker Since 2020

Learn about Limit Markets, a Mauritius-regulated broker offering diverse trading instruments, high leverage, and robust security features for informed trading.

WikiFX
2024-05-14 17:48
Limit Markets: Reliable, Regulated Trading Broker Since 2020

User Reviews

More

User comment

8

Comments

Write a review

FX1770130928
0-3months
Very great account groups and fast withdrawals. Highly recommend
Very great account groups and fast withdrawals. Highly recommend
Translate to English
2024-07-20 18:29
Reply
0
0
KOnal
more than one year
Highly recommended for newcomers to try this broker. They offered excellent support and answered all my questions with patience. They provided clear, detailed information to help me get started smoothly.
Highly recommended for newcomers to try this broker. They offered excellent support and answered all my questions with patience. They provided clear, detailed information to help me get started smoothly.
Translate to English
2024-07-19 17:23
Reply
0
0