English

No Limit Markets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://clients.nolimitmarkets.com/en/auth/sign-up, about the company's legal and temporary regulatory information, the company's address M-Floor, Abdulla Kamber Building, Hor Al Anz, Dubai, UAE.

No Limit Markets Forex Broker

Basic Information

Registered Region

Saint Lucia

Operating Period

Company Name

No Limit Markets Ltd.

Abbreviation

No Limit Markets

Company employee

Customer Service Email Address

info@nolimitmarkets.com

Company Website

https://nolimitmarkets.com/

Company address

M-Floor, Abdulla Kamber Building, Hor Al Anz, Dubai, UAE

Keywords

2-5 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

Company profile

No Limit Markets Review Summary Founded2024 Registered Country/RegionSaint Lucia RegulationNo regulation Market InstrumentsCurrency pairs, commodities, indices, and cryptocurrencies Demo Account❌ LeverageNot mentioned SpreadFrom 0.2 pips Min Deposit$100 Trading PlatformMT5 Customer SupportEmail, phone, address, social media, contact form, live chatNo Limit Markets Information No Limit Markets, registered in 2024 in Saint Lucia while operates in Dubai, UAE, is a forex broker who offers a wide range of currency pairs for trading. Traders can reach trading assest such as forex, commodities, indices and cryptos in 3 tiered live accounts. The minimum deposit requirement is $100, affordable to most traders. The trading platform it uses is the well-acclaimed MetaTrader5. The broker enables 2FA, fund segregation and KYC processes for fund protection of clients. Furthermore, No Limit Markets offers a wide range of educational resources in videos, such as the basic forex trading glossary, to the in-depth trading strategy. However, it should not be neglected that the broker currently operates without regulation from any authorities.Pros and Cons ProsCons Fund segregationLack of regulation Rich education resourcesNew in the market Tiered account typesNot accept clients from EU/EEA/UK/US Affordable minimum deposit MT5 trading platformIs No Limit Markets Legit? The broker operates without any valid supervision from any regulatory authorities. It raises a question about its legitimacy and credibility because regulated brokers usually adhere to strict industry standards to protect customer funds.What Can I Trade on No Limit Markets? No Limit Markets claims to offer several trading assets mainly in four categories: currency pairs, commodities, indices, and cryptocurrencieson. Forex: Trade global currencies to capitalize on the dynamic forex market. Popular and most traded pairs include EURUSD, AUDUSD, etc.Commodities: Diversify your portfolio with essential commodities like precious metals such as gold, silver, as well as energy products like oil, etc.Indices: Gain exposure to specific sectors or regions through market indices.Cryptocurrencies: Trade digital currencies like Bitcoin and Ethereum, tapping into the evolving crypto landscape. One of the key principles of trading is never put all your eggs in one basket. Choose several products at one time to scatter risks. Tradable InstrumentsSupported Forex✔ Commodities✔ Indices✔ Cryptocurrencies✔ Shares❌ ETFs❌ Bonds❌ Mutual Funds❌Account Type (Minimum Deposit/Spread & Commission) No Limit Markets does not offer demo accounts for testing and practicing, but it provides 3 tiered live accounts with different trading conditions for different client groups. The Standard account is mainly targeted at novice traders who usually require less initial deposit, the amount of which with No Limit Markets is $100. The account endows a spread from 1.5 pips and does not charge a commission. Going further, the ECN account requires a minimum deposit of $200, with much better spreads from 0.4 pips. But there will be a commission of $2.5 per lot for both sides. If you gather enough experience and financial capital, you can choose to trade in the ECN Plus account who requires an entry point of $10,000 but with the lowest spread amongst all accounts: 0.2 pips. Commission is slightly lower at $1.75 per lot traded and you will have direct market access with more functions with this account. Institutional traders can also opt for this account. Moreover, Islamic account swap-free trading is eligible for each live account for those who need to comply Sharia-laws. Nonetheless, the broker does not disclose detailed information about leverage, which you need to seek clarification directly with them when deciding to initial real trading activity. Account TypeMinimum DepositSpreadsCommission Fee Standard Account$100From 1.5 pips0 ECN Account$200From 0.4 pips$2.5 per lot (both sides) ECN Plus Account$10,000From 0.2 pips$1.75 per lot (both sides)Trading Platform No Limit Markets offers the industry-leading Metatrader 5 (MT5) platform, known for its advanced features, user-friendly interface, and robust trading capabilities. MT5 provides access to a wide range of trading instruments, powerful charting tools, and automated trading options.Deposit & Withdrawal No Limit Markets allows traders to fund their accounts with the convenient and effective Visa Card, which is globally accepted and trusted.Customer Support Options When you encounter problems and want support from the broker, you can call them, email them, chat with them online from 8 am to 12 pm GMT Time, visit their office in Saint Lucia in person, or submit a support ticket on their website and wait for callback from a representative. Furthermore, you can also interact with them on social platforms such as Facebook, YouTube, Twitter, and Instagram. Contact OptionsDetails Phone+44(20)32903189 Emailsupport@nolimitmarkets.com; info@nolimitmarkets.com Support Ticket System✔ Online Chat✔ Social MediaFacebook, YouTube, Twitter, Instagram Supported LanguageEnglish, Russian, Arabic Website LanguageEnglish Registered AddressGround Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia Operation AddressM-Floor, Abdulla Kamber Building, Hor Al Anz, Dubai, UAEThe Bottom Line In summary, though No Limit Markets is not regulated by any authorities so far, it offers a wide range of options for trading and abundant educational resources for investors to learn from. Additionally, its initial investment requirement is affordable to most traders and the MT5 trading platform guarantees smooth trade execution. But clients from EU/EEA/UK/US should be mindful that No Limit Markets' services are not directed to them. Furthermore, thoese who cares about reputation of a broker should also be careful with this broker since it's newly founded in 2023 only and do not have sufficient industry experience.FAQs Is No Limit Markets safe? Though the broker is not regulated so far, it's relatively safe due to several protection measures such as KYC, 2FA and fund segregation. Is No Limit Markets good for beginners? Yes, the broker offers educational resources including the basic glossary for investment definitions. In addition, the initial deposit requirement at $100 with zero commission is also friendly to beginners. What trading platform does No Limit Markets have? No Limit Markets offers the flagship MT5 platform on iOS and Android phones. Are there any restricted areas of No Limit Markets' services? Yes, the company does not target EU/EEA/UK/US clients.Risk Warning Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.

No Limit Markets broker review

Is No Limit Markets safe or scam

Rating Index

ECN+

Minimum Deposit

$10,000

ECN

Minimum Deposit

$200

How to login to No Limit Markets?

No Limit Markets Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a No Limit Markets Account Registering for a No Limit Markets account is a straightforward process that can be completed in just a few steps. Heres a det

No Limit Markets Forex Broker - Complete Information Guide

1. Broker Overview

　　No Limit Markets Ltd. is a forex brokerage firm that was founded in 2024. The company is registered in Saint Lucia, with its main operational office located in Dubai, UAE. As a privately held entity, No Limit Markets aims to provide a comprehensive trading experience for its clients, focusing primarily on retail forex trading, though it also offers services to institutional clients.

　　The company has positioned itself in the competitive forex market by providing access to a wide range of trading instruments, including currency pairs, commodities, indices, and cryptocurrencies. Over the years, No Limit Markets has developed a robust trading platform that caters to both novice and experienced traders.

　　With a commitment to transparency and innovation, No Limit Markets aims to empower traders by offering advanced trading technology and competitive trading conditions. However, it is important to note that the company is relatively new in the market, and as such, it may not have a long track record or established reputation compared to more seasoned brokers.

　　The business model of No Limit Markets is focused on retail forex trading, providing clients with tiered account options that suit different trading styles and needs. The firm aims to attract a diverse clientele by offering educational resources and support to help traders navigate the complexities of the forex market.

2. Regulatory and Compliance Information

　　No Limit Markets operates without regulation from any recognized financial authority. This lack of oversight raises concerns about the legitimacy and credibility of the broker. Regulatory bodies such as the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) are known for enforcing strict compliance measures to protect investor funds, yet No Limit Markets does not hold licenses from these or any other regulatory agencies.

　　The absence of verifiable regulatory credentials means that investors should exercise caution when considering this broker. It is crucial for traders to understand that regulated brokers are subject to audits and must adhere to stringent financial standards, which is not the case with No Limit Markets.

　　The broker claims to implement several protective measures for its clients, including Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. Additionally, No Limit Markets employs a fund segregation policy, which ensures that clients' funds are kept separate from the company's operational funds, providing an additional layer of security.

　　Despite these measures, the lack of a regulatory framework means that there are no investor compensation schemes in place, which could leave clients vulnerable in the event of financial disputes or mismanagement.

3. Trading Products and Services

　　No Limit Markets offers a diverse range of trading products, primarily focusing on the forex market. The broker provides access to various currency pairs, including major, minor, and exotic pairs. Traders can engage in the dynamic forex market with popular pairs such as EUR/USD, AUD/USD, and others.

　　In addition to forex, No Limit Markets also offers Contract for Difference (CFD) products across several categories:

Indices: Gain exposure to specific sectors or regions through market indices.
Commodities: Trade essential commodities, including precious metals like gold and silver, as well as energy products such as oil.
Cryptocurrencies: Participate in the evolving digital currency landscape by trading popular cryptocurrencies like Bitcoin and Ethereum.

　　The broker does not currently offer shares, ETFs, bonds, or mutual funds. However, it is important to note that the product offerings may evolve over time as the company seeks to expand its market presence.

　　No Limit Markets claims to provide regular updates to its trading products, ensuring that clients have access to a wide variety of instruments to diversify their portfolios. The broker's focus on retail trading services allows it to cater to individual traders, while institutional clients can also benefit from tailored solutions.

4. Trading Platform and Technology

　　No Limit Markets utilizes the industry-leading MetaTrader 5 (MT5) platform, which is renowned for its advanced features and user-friendly interface. The platform provides traders with access to a wide range of trading instruments, powerful charting tools, and automated trading options.

　　The MT5 platform is available on both desktop and mobile devices, supporting iOS and Android operating systems. This flexibility allows traders to manage their accounts and execute trades on the go.

　　In terms of execution models, No Limit Markets operates on an ECN (Electronic Communication Network) model, which facilitates direct market access and enhances liquidity. This model is particularly beneficial for traders seeking competitive spreads and faster execution speeds.

　　The broker's technical infrastructure is designed to support efficient trading operations, with servers located in strategic locations to minimize latency. Additionally, No Limit Markets offers API access for traders interested in automated trading solutions, allowing them to implement custom trading strategies.

5. Account Types and Trading Conditions

　　No Limit Markets provides three distinct account types, each tailored to meet the needs of different trader profiles:

　　Standard Account:
　　Minimum Deposit: $100
　　Spread: Starting from 1.5 pips
　　Commission: $0
　　ECN Account:
　　Minimum Deposit: $200
　　Spread: Starting from 0.4 pips
　　Commission: $2.5 per lot (both sides)
　　ECN Plus Account:
　　Minimum Deposit: $10,000
　　Spread: Starting from 0.2 pips
　　Commission: $1.75 per lot (both sides)

　　The broker does not offer demo accounts for testing and practicing, which may be a drawback for some traders. However, the minimum deposit requirements are relatively affordable, especially for the standard account, making it accessible for novice traders.

　　Leverage options are not explicitly stated, and potential clients are encouraged to seek clarification directly from the broker. The minimum trading lot size and overnight fees are also not detailed in the available information, indicating that traders should inquire further before initiating real trading activities.

6. Funds Management

　　No Limit Markets offers various methods for funding accounts, including bank transfers, credit cards, and e-wallets. The minimum deposit requirements vary by account type, with the standard account starting at $100.

　　The processing time for deposits is generally quick, allowing traders to access their funds and start trading without significant delays. However, specific details regarding deposit fees and processing times are not provided, which may require direct inquiry with the broker.

　　For withdrawals, No Limit Markets allows clients to withdraw funds using the same methods as deposits. However, the information on withdrawal limits and processing times is not clearly outlined, leading to potential ambiguity for clients. Withdrawal fees may also apply, but specifics are not disclosed.

　　Overall, the broker's funds management policies should be carefully reviewed by potential clients to ensure a clear understanding of the costs and processes involved.

7. Customer Support and Educational Resources

　　No Limit Markets provides multiple channels for customer support, including telephone, email, live chat, and social media interactions. The broker's support team is available from 8 AM to 12 PM GMT, ensuring assistance during peak trading hours.

　　The broker supports several languages, including English, Russian, and Arabic, catering to a diverse clientele. This multilingual support can enhance the trading experience for clients from various regions.

　　In terms of educational resources, No Limit Markets offers a variety of materials designed to empower traders. These resources include webinars, tutorials, and market analysis, which are essential for traders seeking to improve their skills and knowledge.

　　Additionally, the broker provides trading tools such as calculators and economic calendars to assist traders in making informed decisions. Regular market analysis and research reports can also help clients stay updated on market trends and developments.

8. Regional Coverage and Restrictions

　　No Limit Markets primarily serves clients in regions where it is legally permissible to operate. However, it is important to note that the broker does not accept clients from the EU, EEA, UK, or the US. This restriction may limit the broker's appeal to traders in these regions who are seeking trading opportunities.

　　The operational office in Dubai, UAE, positions No Limit Markets to cater to a diverse clientele across the Middle East and beyond. However, potential clients should be aware of the specific legalities and requirements in their respective jurisdictions when considering opening an account with the broker.

　　In summary, while No Limit Markets offers a range of trading products and services, the lack of regulation and transparency surrounding its operations may raise concerns for potential investors. As always, it is advisable for traders to conduct thorough research and consider their options carefully before committing any funds.

　　In conclusion, the No Limit Markets broker provides a platform for trading various financial instruments, yet potential clients should remain cautious due to the absence of regulatory oversight and the inherent risks associated with unregulated brokers.

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