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SeaLimited-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2026-04-20 22:44

Abstract:Registered in Dominica, SeaLimited is allegedly an unregulated and offshore forex broker, providing trading in commodities, forex currency pairs, indices, stocks, and cryptocurrencies with leverage up to 1:400 and spread from 2 pips via the web trading platform. The minimum deposit requirement is as high as 250 USD.

Note: SeaLimited's official website - https://www.sealimited.io/ is currently inaccessible normally.

SeaLimited Review Summary
Founded/
Registered Country/RegionDominica
RegulationNot regulated
Market InstrumentsCommodities, forex currency pairs, indices, stocks, and cryptocurrencies
Demo Account✅
LeverageUp to 1:400
EUR/USD Spread4 pips
Trading PlatformWeb
Min Deposit$250
Customer SupportTel: +44 2031921499, +43720145402, +390399745521
Email: support@sealimited.io
Address: 8 copthall, Roseau valley, 00152, Commonwealth of Dominica

Registered in Dominica, SeaLimited is allegedly an unregulated and offshore forex broker, providing trading in commodities, forex currency pairs, indices, stocks, and cryptocurrencies with leverage up to 1:400 and spread from 2 pips via the web trading platform. The minimum deposit requirement is as high as 250 USD.

Pros and Cons

Pros Cons
Various trading assetsNot regulated
Multiple account typesWide spreads
Demo accountsNo MT4 or MT5
High minimum deposit
Withdrawal fee charged
Long withdrawal processing time
Dormant fee charged

Is SeaLimited Legit?

No, SeaLimited operates without any regulation. Even the Italian authorities CONSOB issued a warning against it. Please be aware of the risk!

No license

What Can I Trade on SeaLimited?

Tradable Instruments Supported
Commodities✔
Forex currency pairs✔
Indices ✔
Stocks ✔
Cryptocurrencies ✔
Bonds❌
Options ❌
ETFs❌

Account Type

Account TypeMin Deposit
Basic$250
Bronze$5,000
Silver$25,000
Gold$100,000
Platinum$250,000

Leverage

SeaLimited's leverage is capped at 1:400. The higher the leverage, the more risks and profits will be gained.

Spread

As tested on the demo account on the Webtrader at SeaLimited, we read the spread on the EUR/USD pair was as high as 4 pips.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web platform✔Web/
MT4❌/Beginners
MT5❌/Experienced traders
Web platform

Deposit and Withdrawal

SeaLimited accpets deposit and withdrawal via credit cards, wire transfers, debit cards, Skrill, and Neteller.

The minimum withdrawal is €1 with a 3.5% service fee. If the percentage equals less than $30, traders should pay a $30 withdrawal fee.

The processing time for withdrawals is around 3-4 days.

Bonuses and Fees

SeaLimited claims to offer some bonuses. However, the bonus can only be withdrawn when a turnover of 30 times the bonus is achieved.

The broker also charges a dormant fee. In particular, the account that has no transactions (trading/withdrawals/deposits) for a set period of 12 months becomes dormant and will be charged an annual maintenance fee of $30 or the full amount of the free balance in the account if less than $30. The accounts will not be charged but will be closed if they have a zero-free balance.

BrokerCurrency PairDealerForex tradingForex BrokerForex Currency pairforex pipsforex market

Related broker

Not Regulated
SeaLimited
Company name:SeaLimited
Score
1.52
Website:https://www.sealimited.io/
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.52

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