ILimits Invest Forex Broker

ILimits Invest Review SummaryFounded2011Registered Country/RegionDubaiRegulationFSPR revokedMarket InstrumentsForex, stocks, energy, metals, commodities, cryptocurrenciesDemo AccountAvailableLeverageUp to 1:1000SpreadFrom 0.1 pipTrading PlatformMT4, iLimits WebtraderMin Deposit$10Customer 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.Pros and ConsProsConsMT4 trading platformFSPR Licenses revokedNo deposit/withdrawal fees from brokerDoes not accept clients from New ZealandAvailable Demo accountSecurity measures such as margin call and stop loss are providedIs ILimits Invest Legit? ILimits Invest's FSPR (Financial Services Provider Registration) license (license number: 683731) has already been revoked.Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberFinancial Service Providers RegisterILimits Invest LimitedFinancial Service Corporate683731What Can I Trade on ILimits Invest? ILimits Invest offers traders the opportunity to trade Forex, Stocks, Energy products, precious metals, commodities and Cryptocurrencies.Tradable InstrumentsSupportedCommodities✔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 accountMinimum Deposit$10$10$10Maximum leverage1:1000*1:1000*1:1000*Spreads From(pips)From 1 pipsFrom 1 pipsFrom 1 pipsMax Simultaneous Open Orders150150150Leverage 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)STP10ECN0.1$10Islamic10Trading Platform MT4 is chosen by ILimits Invest to serve clients of different preferences.Trading PlatformSupportedAvailable DevicesSuitable forMT4✔Windows, MAC, IOS, AndroidInvestors of all experience levelsDeposit 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;