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ILimits Invest

ILimits Invest | 2024-12-19 10:54

Abstract:ILimits Invest, an online trading platform registered inin Dubai, offers its traders a variety of trading options including Forex, stocks, energy, metals, commodities and cryptocurrencies. However, the broker's current regulation status is FSPR exceeded, which prompts questions about its credibility and adherence to industry standards.

ILimits Invest Review Summary
Founded2011
Registered Country/RegionDubai
RegulationFSPR revoked
Market InstrumentsForex, stocks, energy, metals, commodities, cryptocurrencies
Demo AccountAvailable
LeverageUp to 1:1000
SpreadFrom 0.1 pip
Trading PlatformMT4, iLimits Webtrader
Min Deposit$10
Customer SupportEmail: info@ilimitsinvest.com. (Working hours: 24/5)Phone: +971503721960. (Monday-Friday from 8 am to 5 pm)Address: Trade Center Sheikh Zayed Rd. 2nd floor, ASPIN commercial tower.

ILimits Invest Information

ILimits Invest is a Dubai-based online trading platform that offers traders a diversified portfolio of trading options including Forex, equities, energy, metals, commodities and cryptocurrencies.

ILimits Invest Information

Pros and Cons

ProsCons
MT4 trading platformFSPR Licenses revoked
No deposit/withdrawal fees from brokerDoes not accept clients from New Zealand
Available Demo account
Security measures such as margin call and stop loss are provided

Is ILimits Invest Legit?

ILimits Invest's FSPR (Financial Services Provider Registration) license (license number: 683731) has already been revoked.

Is ILimits Invest Legit?
Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number
Financial Service Providers RegisterILimits Invest LimitedFinancial Service Corporate683731

What Can I Trade on ILimits Invest?

ILimits Invest offers traders the opportunity to trade Forex, Stocks, Energy products, precious metals, commodities and Cryptocurrencies.

Tradable InstrumentsSupported
Commodities✔
Forex✔
Currencies❌
Crypto currencies✔
Stocks✔
Precious metals✔
Energy products✔
Mutual Funds❌
Futures❌

Account Types

First of all, a demo account is available.

ILimits Invest offers three live account types, namely STP (Straight Through Processing) account, ECN (Electronic Communication Network) account, and Islamic accounts.

STP AccountECN AccountIslamic account
Minimum Deposit$10$10$10
Maximum leverage1:1000*1:1000*1:1000*
Spreads From(pips)From 1 pipsFrom 1 pipsFrom 1 pips
Max Simultaneous Open Orders150150150
Account Types

Leverage

Limites Invest offers 1:1000 Forex trading leverage. While high leverage increases returns, it also carries high risks.

ILimits Invest Fees

ILimits Invest fees vary according to the account types:

STP and Islamic Account: Spreads start from 1 pips, with no commission.

ECN Account: Spreads start from 0.1 pips, with a transparent commission of USD 10 per lot.

Account TypeMinimum Spread (pips)Commission for Forex (per lot)
STP10
ECN0.1$10
Islamic10

Trading Platform

MT4 is chosen by ILimits Invest to serve clients of different preferences.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4✔Windows, MAC, IOS, AndroidInvestors of all experience levels
Trading Platform

Deposit and Withdrawal

ILimits Invest supports a variety of deposit and withdrawal channels, including Wire transfer, Neteller, mobile app PaySec or website PaySec.

ILimits Invest does not charge any deposit/withdrawal fees, but clients are subject to regulatory minimum deposit requirements;

Related broker

No Regulation
ILimits Invest
Company name:ILimits Invest Limited
Score
2.15
Website:https://www.ilimitsinv.com
5-10 years | Suspicious Regulatory License | MT4 Full License | Global Business
Score
2.15

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