Limit Prime is a CFD broker based in Montenegro, offering a range of trading services in forex, commodities, stocks, indices, and futures. The website supports multiple languages, including English, Serbian, Albanian, and Slovenian. The company is located at Ulica 8 marta bb, objekat 14E, Podgorica.
Company Background:
The broker operates under the legal entity "Investiciono Društvo Limit Prime Securities AD Podgorica," with a registration number of 747800G0YAZATG1LAY57 and tax ID 03138933. The domain limitprime.com was registered in 2017.
Regulatory Status:
Limit Prime claims to be regulated by the Capital Market Authority of Montenegro, with license number 03/2-6/2-17. However, in reality, the broker is not regulated by any financial supervisory authority. This lack of regulatory oversight exposes users to higher investment risks, as the broker's trading activities are not subject to regulatory scrutiny.
Trading Platform:
The broker offers the widely used MT5 trading platform, available for both PC and mobile devices. Users can choose between MetaTrader 5 iOS and MetaTrader 5 Android versions.
Market Tools:
Forex: This broker offers over 40 currency pairs, allowing investors to engage in forex trading with leverage of up to 1:100 while benefiting from competitive spreads and receiving full support throughout the process.
Commodities: Commodities include oil, natural gas, and various precious metals, offering leverage of up to 1:100 and full support.
Indices: The broker offers a range of index trading options, such as S&P 500, NASDAQ 100, RUSSELL 2000, EURO STOXX50, with leveraged participation in global stock markets.
Stocks: Over 130 stocks are available for trading with competitive spreads and leverage of up to 1:20.
Futures: The broker also offers trading in CFD futures contracts, allowing investors to engage in various asset classes.
Account Types:
Limit Prime offers four different account types to cater to investors' varying needs:
Standard: The basic account type with no minimum deposit requirement, suitable for beginners and small investors.
Silver: Requires a minimum deposit of $1,000.00 USD and offers lower spreads, suitable for slightly experienced traders.
Gold: Requires a minimum deposit of $10,000.00 USD and provides more favorable spreads, suitable for traders with more substantial capital.
Platinum: Requires a minimum deposit of $20,000.00 USD, offering the best spreads and higher trading advantages, suitable for high-net-worth investors.
Each account type comes with distinct spreads. The broker does not charge commissions but requires a minimum initial deposit of 100 EUR to enter the Standard account.
Limit Prime offers both real account registration and the option to open a demo account for practice.
Open Real Account:Individual/Corporate
Try Demo Account:To Practice Trading
Education Resources:
The broker provides industry knowledge tailored to investors at different stages, offering resources on industry knowledge, trading techniques, practical tools, and more.
Customer Support:
Users can contact the company by calling +382 68 036 998 or sending an email to info@limitprime.com for further assistance.
Summary:
Limit Prime offers a variety of financial trading services and the common MT4 trading platform. However, it's essential to note that the broker is not regulated by any financial supervisory authority. Currently, the company is marked as "suspicious of fraud" on TraderKnows. TraderKnows recommends investors exercise caution and take measures to protect their financial assets when considering this platform.