Limit Markets – what we know and have as facts about it; This is a trade name of Limit Markets Limited, which is authorized and regulated by the VFSC under register number 14687. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.
We have found in the Terms and Conditions document that the company provides the service of the execution and/or receipt and transfer of the orders, on behalf and for the account of the client. Therefore, it may act as a market maker (executing orders as a counterparty) or as an STP broker (forwarding orders to the regulated market, or MTP or OTC market). In general, dealing with market makers involves a conflict of interest because they do not transmit every customer deal and hope that customers will lose. Every loss of customers is their profit.
We also found that there are some posts in the forums about unjustified account blocking and withdrawal issues.
So far, we have not received any complaints from customers of Limit Markets. If you have any criticism to share with us or feel annoyed by Limit Markets, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and Limit Markets if you wish.