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Score

0123456789
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0123456789
0123456789
/10

Limit Markets

Mauritius|5-10 years|
Regulated in United Kingdom|Common Business Registration|MT4/5 full license|Regional Brokers|Suspicious Overrun|Medium potential risk|

https://www.limitmarkets.com

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

LimitMarkets-Demo

France
MT4
2

Influence

C

Influence index NO.1

France 2.59

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
LimitMarkets-Demo MT4
Server Location France

Influence

Influence

C

Influence index NO.1

France 2.59

Surpassed 60.53% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+230 245 6703
info@limitmarkets.com
https://www.limitmarkets.com
Premier Business Centre, 10th Floor, Sterling Tower, 14, Poudriere Street, Port-Louis, Mauritius

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

+230 245 6703

Broker Information

More

Company Name

Limit Markets Ltd

Company Abbreviation

Limit Markets

Platform registered country and region

Mauritius

Company website
Twitter
Facebook
Instagram

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-03-28
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 15342274)Common Business Registration Non-Forex License. Please be aware of the risk!

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Limit Markets · Company Summary

Limit Markets Review Summary
Founded 2020
Registered Country/Region Mauritius
Market Instruments 130+ products - Forex, Commodities, Indices, Metals, Stocks
Demo Account Available
Leverage 1:500
Spread From 1.1 pips (Classic Account), From 0.5 pips (Pro Account), From 0.1 pips (Elite Account)
Trading Platforms MetaTrader 4
Minimum Deposit $0
Customer Support Phone Number:+230 245 6703; Email: info@limitmarkets.com; Address Line:Premier Business Centre, 10th Floor, Sterling Tower, 14, Poudriere Street, Port-Louis, Mauritius; Contact form (24/7 support); Social Media: Facebook, Instagram, Twitter

What is Limit Markets?

Limit Markets is an online trading platform founded in 2020 and is registered in Mauritius. It offers a variety of market instruments for trading, including Forex, Commodities, Indices, Metals, and Stocks. The platform provides different account types with varying spreads and leverage levels. Customer support is available through various channels, including phone, email, live chat, and social media.

Limit Markets homepage

Pros & Cons

Pros Cons
  • High Leverage
  • None
  • 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, providing the potential for higher returns on investment.

  • Multiple account types: The platform offers diverse account types, including the Classic Account, Pro Account, and Elite Account, catering to various trading needs and experience levels.

  • Multiple Customer Support Channels: Limit Markets provides various customer support channels including phone, email, live chat, and social media, enhancing accessibility and assistance for clients.

Cons:

  • None

Market Instruments

Limit Markets provides an extensive range of trading instruments and over 130 products, catering to diverse trading preferences and strategies across various asset classes. This broad selection includes opportunities to engage in Forex, Commodities, Indices, Metals, and Stocks trading. Such diversity allows traders to explore multiple markets and potentially capitalize on opportunities in different sectors, enhancing their overall trading portfolio.

forex
indices
metals
commodities
stocks

Account Types

  • Classic: The Classic account has a minimum deposit requirement of just $100, making it accessible to a wide range of traders.

  • Pro: This account sets a minimum deposit requirement of $500, reflecting its suitability for more experienced and advanced traders.

  • Elite: It carries a higher minimum deposit requirement set at $1000, making it an option for those looking for premium features and services.

Account Types

Leverage

Limit Markets offers a high maximum leverage of 1:500 for all its account types, including the Classic Account, Pro Account, and Elite Account. This means that traders have the potential to amplify their positions by up to 500 times, allowing for greater flexibility and potential for higher returns on their investments. 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, with the Classic, Pro, and Elite Accounts offering spreads of 1.1 pips, 0.5 pips, and 0.1 pips, respectively. 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 Type Spreads
Classic From 1.1 pips
Pro From 0.5 pips
Elite From 0.1 pips

Commissions are fees charged to traders by brokers or trading platforms for facilitating buy and sell transactions. Commissions can be a fixed amount or a percentage of the trade's value. Traders pay commissions as compensation for the broker's services in executing and settling trades. Different brokers and trading platforms may have varying commission structures. Limit Markets do not charge any commission fees regardless of which option you choose.

Trading Platforms

Limit Markets offers MetaTrader 5 (MT5) trading platform to clients. With its advanced charting and analytical tools, as well as its capability for automated trading through Expert Advisors (EAs), MT5 provides a comprehensive and user-friendly trading experience. Additionally, the clients can benefit from mobile trading and access to trading signals, facilitating seamless and informed decision-making.

Deposits & Withdrawals

Limit Markets provides a variety of convenient and secure payment options. The platform accepts PayPal, known worldwide for its reliability, making the deposit and withdrawal of funds uncomplicated for traders. They also accommodate Wire Transfer for those who prefer traditional and direct bank transactions. Neteller and Skrill services are integrated as well, addressing the needs of customers who opt for these online payment giants in the trading industry. Additionally, Limit Markets utilizes Dragonpay, acknowledging the significant growth and convenience factor of local digital banking. Lastly, in resonance with the rising digital currency trend, they readily accept Bitcoin, enabling a modern and alternative way of handling finances in trading.

payment methods

Customer Service

Limit Markets offers a comprehensive range of customer service options to ensure that clients can easily reach out for assistance or inquiries.

  • Phone Number: +230 245 6703

  • Email: info@limitmarkets.com

  • Address Line: Premier Business Centre, 10th Floor, Sterling Tower, 14, Poudriere Street, Port-Louis, Mauritius.

  • Contact form (24/7 support): It is available to you 24 hours a day, 7 days a week, ensuring you have access to the support you need at any time.

  • Social Media: Clients can connect with Limit Markets through various social media channels, including Facebook, Instagram, and Twitter. These platforms can be used for inquiries, support, or to stay updated on company news and announcements.

contact form
contact details

Conclusion

Limit Markets offers a wide range of trading instruments and account types with competitive spreads, which can be appealing to traders. Therefore, traders can consider this broker when choose forex brokers based on its overall performance.

Frequently Asked Questions (FAQs)

Q 1: Does Limit Markets offer demo accounts?
A 1: Yes.
Q 2: What is the minimum deposit for Limit Markets?
A 2: The minimum initial deposit to open an account is $0.
Q 3: At Limit Markets, are there any regional restrictions for traders?
A 3: 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.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

User Reviews

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Comments

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Hjiajak
more than one year
I tried trading with $100, I made a profit of $18 as a test, I requested the withdrawal of the $18, it's been 2 weeks and I can't withdraw it, they make excuses that the data is wrong, that the wallet address of the cryptocurrency was wrong, you can't trust this company!
2024-03-13 17:30
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0
0
Rebecca
more than one year
No matter when you call, it's always over an hour of waiting. Their self-service portal is no help at all, so you're forced to dial into their customer service hotline.
2024-01-24 23:07
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0
0
futureee
more than one year
Hello fellow traders! My trading journey with Limit Markets has been one filled with notable highs and lows. The glaring absence of a current valid regulation is certainly a point of concern. However, they somewhat offset this with a significantly diverse array of trading options where I was able to choose from over 130 products such as forex, stock, and commodities, allowing me the flexibility I desired. The funding methods were plenty, from traditional wire transfer to modern solutions like PayPal and Skrill. The requirement for a $100 minimum deposit could be daunting for some, especially for those just starting out. Another point of disappointment is their exclusion of service to several regions like Iran, Myanmar, Russia, and more. While there are drawbacks, their 24/7 support service stands out as a commendable feature. In conclusion, while they have robust offerings, they could do with some improvements.
2023-12-01 10:28
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