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Limit Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-18 18:50

Abstract: 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 Review Summary
Founded2020
Registered Country/RegionMauritius
RegulationOffshore regulated by FSC
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 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
Live chat unavailable
  • Multiple Account Types
  • Multiple Customer Support Channels

Is Limit Markets Safe?

  Limit Markets is offshore regulated by FSC in Mauritius.

Is Limit Markets Safe?

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.

Related broker

No Regulation
Limit Markets
Company name:Limit Markets Limited
Score
1.55
Website:https://www.limitmarkets.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.55

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