Main Score & Risk Matrix
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
Limit Markets shows critical safety concerns. Regulatory transparency is severely limited and the risk profile suggests traders should exercise extreme caution before engaging.
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
Limit Markets is registered in Mauritius and has been operational for 5-10 years. It offers a variety of trading instruments, including forex, commodities, indices, metals, and stocks, with leverage up to 1:500 and variable spreads starting from 1.1 pips.
The broker is currently unregulated, which raises concerns about its safety and legal standing in other jurisdictions. As such, potential clients should exercise caution and conduct thorough research before engaging with this broker.
In terms of reputation, Limit Markets has received a mix of user evaluations. While many users praise the broker for its responsive customer service and user-friendly platform, there are concerns regarding the lack of regulation and transparency. Users have reported satisfactory withdrawal experiences, but some have mentioned a notable presence of complaints related to regulatory issues, suggesting potential risks for traders.
Limit Markets does not hold any regulatory licenses, and as such, there are no guarantees regarding the protection of client funds. The broker does not specify whether client funds are held in independently regulated bank accounts or any investor compensation schemes, which raises concerns regarding capital safety and transparency.
Limit Markets offers a maximum leverage of up to 1:500 across various trading instruments. However, being an unregulated broker, it does not adhere to any local regulatory limits, and potential clients should be aware of the risks associated with high leverage trading without regulatory oversight.
Limit Markets has encountered a variety of complaints from users, primarily focused on withdrawal issues and lack of regulation. While many users have reported satisfactory experiences with withdrawals, there are credible sources indicating a notable presence of complaints regarding regulatory concerns. The broker has been praised for its responsive customer service, though there are doubts about its handling of complaints, as no significant public records of large-scale complaints are available. Overall, potential clients should be cautious due to the broker’s unregulated status and mixed reputation.
These are the highest-rated forex brokers registered in Mauritius.
The following brokers represent the highest overall trust scores across all regions on our platform.
A1: Limit Markets is currently unregulated, which raises concerns about its safety and legal standing in various jurisdictions. Potential clients should be cautious and aware of the risks associated with trading with an unregulated broker.
A2: Limit Markets does not provide specific information on whether client funds are held in regulated bank accounts or if they participate in any investor compensation schemes. This lack of transparency raises concerns regarding capital safety.
A3: Users have reported a mix of experiences regarding withdrawals with Limit Markets. While many have had satisfactory withdrawal experiences, there are notable complaints about withdrawal issues and concerns related to the broker’s unregulated status.
A4: You can contact Limit Markets through their customer support number at +230 245 6703 or via email at info@limitmarkets.com. They have been praised for their responsive customer service.
A5: Limit Markets offers a variety of trading instruments, including forex, commodities, indices, metals, and stocks. They provide multiple account types to cater to different trading needs.