LIMIT PRIME Forex Broker

LIMIT PRIME Review SummaryFounded2017Registered Country/RegionMontenegroRegulationSCMNMarket InstrumentsForex, Commodities, Indices, Stocks, MetalsDemo Account✅LeverageUp to 1:100SpreadVariableTrading PlatformMT5Minimum Deposit€100Customer SupportPhone: +382 68 036 998E-mail: info@limitprime.comAddress: Ulica 8 marta bb, objekat 14E, PodgoricaSocial Media: Facebook, Instagram, LinkedIn, YouTubeLIMIT PRIME Information LIMIT PRIME is a regulated brokerage firm that offers a variety of trading tools and flexible payment options, suitable for experienced traders. Its advantages include high security and transparent fees; however, the potential drawbacks may be inactive account fees and a lack of a beginner-friendly platform.Pros and ConsProsConsRegulated wellLimited types of accountsCommission freeSeparated accountsNegative balance protectionDemo accounts availableMT5 availableVarious payment methodsVarious trading instrumentsIs LIMIT PRIME Legit? LIMIT PRIME is a regulated brokerage firm. Limit Prime Securities is regulated under the MIFID II regulation, ESMA, licensed and controlled by the Capital Markets Authority of Montenegro.Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense NumberCapital Market Commission (SCMN)RegulatedLimit Prime Securities ADMarket Maker (MM)03/2-6/2-17What Can I Trade on LIMIT PRIME? These are the instruments that can be traded on LIMIT PRIME: 40 forex, commodities, indices, stocks, and metals.Trading AssetAvailableForex✔Commodities✔Indices✔Stocks✔Metals✔Cryptocurrencies❌Bonds❌Options❌Funds❌ETFs❌Account Type LIMIT PRIME offers a demo account, which allows traders to test out this platform without risking real money. LIMIT PRIME offers a type of live account: Standard accounts. When the customer begins trading, they must make a minimum payment of 100 euros, which will automatically classify them into the standard trading group.Leverage The leverage of this platform is up to 1:100. Leverage refers to the act of borrowing funds for investment to magnify investment returns. It allows investors to achieve a larger investment scale with a smaller amount of their own funds, thus enabling them to realize greater returns when the investment yield is high.Fees Direct costs: The company does not chargeany trading commissions to its clients. Whenever there is an open position during the night, the swap is deducted from the client's account. Indirect costs: All clients who have not conducted any transactions and those who have not made at least one transaction within three months from the date of account approval are considered inactive accounts. A commission of $20 will be charged on each withdrawal for inactive accounts. LIMIT PRIME is a regulated company, and its clients enjoy negative balance protection. This means that the client's account will not be withdrawn with more funds than you actually have.Trading Platform MT5 is one of the most popular trading platforms all around the world. It's an advanced platform that supports the trading of multiple financial products, providing an automated trading system, technical tools, and copy trading functions.Trading PlatformSupported Available Devices Suitable for MT5✔Desktop, Mobile, WebExperienced tradersMT4❌/BeginnersDeposit and Withdrawal LIMIT PRIME offers the following payment methods: Bank Transfer, Mastercard, Skrill, Neteller, Visa, and American Express.