ILimits Invest foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.ilimitsinv.com, about the company's legal and temporary regulatory information, the company's address Level 12, Huawei Centre, 120 Albert Street, Auckland Central, Auckland, 0630, New Zealand.
ILimits Invest Forex Broker
Basic information
New Zealand
2-5 years Suspicious Regulatory License MT4 Full License Global Business New Zealand Financial Service Corporate Revoked Suspicious Overrun High potential riskCompany profile
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 Cons
| Pros | Cons |
| MT4 trading platform | FSPR Licenses revoked |
| No deposit/withdrawal fees from broker | Does 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ILimits Invest's FSPR (Financial Services Provider Registration) license (license number: 683731) has already been revoked.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
| Financial Service Providers Register | ILimits Invest Limited | Financial Service Corporate | 683731 |
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 Instruments | Supported |
| 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 Account | ECN Account | Islamic account | |
| Minimum Deposit | $10 | $10 | $10 |
| Maximum leverage | 1:1000* | 1:1000* | 1:1000* |
| Spreads From(pips) | From 1 pips | From 1 pips | From 1 pips |
| Max Simultaneous Open Orders | 150 | 150 | 150 |
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 Type | Minimum Spread (pips) | Commission for Forex (per lot) |
| STP | 1 | 0 |
| ECN | 0.1 | $10 |
| Islamic | 1 | 0 |
Trading Platform
MT4 is chosen by ILimits Invest to serve clients of different preferences.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
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;
Rating Index
VIP Account
Classic Account
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Latest Reviews
FX1498965386
New Zealand
Like the variety of options they offer, and getting started with just 25 bucks was easy
Positive
2024-06-21
Superstars
Belarus
Guys, gotta spill the beans on ILimits. Tossed in 40 bucks 'cause my buddy swore it's the real deal. You see stocks, cool. But when I cashed out, where's my $530? Gone. Hit withdraw, and it's like my cash did a vanishing act. Not thrilled, kinda bummed. ILimits, you owe me an explanation.
Neutral
2023-12-12
Bobber
Cambodia
ILimits Invest has a reasonable minimum deposit requirement, but their selection of trading assets is somewhat limited compared to other brokers.
Neutral
2024-07-17