What Account Types and Fees Does Limit Markets Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Classic Account |
Beginners and casual traders |
Low minimum deposit, competitive spreads from 1.1 pips |
Suitable for small-capital practice |
| Pro Account |
Experienced traders |
Lower spreads, higher leverage up to 1:500 |
Requires trading volume qualifications |
| Elite Account |
Corporate clients and high-volume traders |
Custom services, enhanced trading conditions |
Requires corporate documentation |
| Demo Account |
All levels of traders |
Practice trading without financial risk |
Accessible to anyone for training |
Account Opening Process
To open an account with Limit Markets, traders must follow a straightforward process. Initially, applicants need to submit personal information, including full name, date of birth, and contact details. Next, employment and financial information will be required to assess suitability for the chosen account type. Identity verification is a crucial step, which includes providing a valid ID and proof of address (such as a utility bill). Once the documentation is submitted and verified, traders can begin using their accounts. It’s important to note that there is flexibility in the account structure, allowing users to upgrade to a professional account later if needed.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive for major pairs |
| CFDs (Stocks) |
Varies |
$5 per lot |
Dependent on stock volatility |
| CFDs (Indices) |
1.5 |
$2 per lot |
Standard fees apply |
| CFDs (Commodities) |
2.0 |
$3 per lot |
Variable depending on commodity |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Traders should also be aware of several additional fees that may apply. There are deposit and withdrawal fees depending on the payment method chosen, which can vary from free to a nominal charge. An inactivity fee may apply if the account remains dormant for an extended period. Additionally, if overnight positions are held, overnight interest (swap rates) will be applicable. Currency conversion fees may also apply if deposits or withdrawals are made in a currency different from the account’s base currency.
