Limit Markets Forex Broker

Limit Markets Review SummaryFounded2020Registered Country/RegionMauritiusRegulationOffshore regulated by FSCMarket Instruments130+ products - Forex, Commodities, Indices, Metals, StocksDemo AccountAvailableLeverage1:500SpreadFrom 1.1 pips (Classic Account)From 0.5 pips (Pro Account)From 0.1 pips (Elite Account)Trading PlatformsMetaTrader 4/5Minimum Deposit$100Customer SupportContact form (24/7)Phone:+230 245 6703Email: info@limitmarkets.comRegistered Office: Premier Business Centre, 10th Floor, Sterling Tower, 14, Poudriere Street, Port-Louis, MauritiusSocial Media: Facebook, Instagram, TwitterBonus & Promotion100% welcome bonus up to $10,000Regional RestrictionsResidents of Democratic Peoples Republic of Korea (North Korea), Iran, Myanmar, US, Russia, Venezuela, Turkey, and Canada are excludedLimit 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. Pros & ConsProsConsHigh LeverageLive chat unavailableMultiple Account TypesMultiple Customer Support ChannelsIs Limit Markets Safe? Limit Markets is offshore regulated by FSC in Mauritius.Market Instruments Limit Markets provides over 130 trading products. This broad selection includes opportunities to engage in Forex, Commodities, Indices, Metals, and Stocks trading.Account TypesClassic: 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. 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 TypeSpreadsClassicFrom 1.1 pipsProFrom 0.5 pipsEliteFrom 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.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)$70,000Customer ServiceContact form (24/7)Phone: +230 245 6703Email: info@limitmarkets.comRegistered Office: Premier Business Centre, 10th Floor, Sterling Tower, 14, Poudriere Street, Port-Louis, MauritiusSocial Media: Clients can connect with Limit Markets through various social media channels, including Facebook, Instagram, and Twitter.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.