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No Limit Markets — flagged scam broker

No Limit Markets — Profits Removed Over a Wallet Transfer

“Unlimited profits with No Limit Markets!” The slogan on nolimitmarkets.com is the kind no regulated broker is allowed to print. One long-standing client found the limit the hard way: his account was closed and every profit removed.

One internal transfer, all profits gone

In May 2026 a trader reported that after more than a year and hundreds of trades, with no prior warnings, No Limit Markets permanently closed his account and removed all of his profits. The stated reason: he had moved funds from his trading account to his wallet while a silver position was open during market closure.

He stresses that this was an internal transfer between his own accounts inside the broker’s platform, not an external withdrawal, and that no rule he had been shown banned it. He also says the firm closed the account without showing him evidence.

A broker that can wipe a year of profits over an internal transfer is a broker that can wipe them for anything. Before depositing anywhere, read the “abuse” section of the client agreement and ask who would hear your appeal. Here, the answer is nobody.

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⚠ No Limit Markets key facts

  • “Unlimited profits” slogan.
  • No regulator named.
  • Account closed and profits removed after an internal transfer.
  • More than a year of trading erased.

If your account was closed after an internal transfer, export the full statement and the wallet history before access ends. Ask in writing which rule the transfer broke and when it was added to the terms. A broker that names no regulator leaves no ombudsman to appeal to, which makes your own records the only evidence you will have.

Sources: trader complaints published on an independent forex review forum (May 2026); nolimitmarkets.com (checked 27 October 2026); RDAP registration record. General information only.

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No Limit Markets on paper

Item Detail
Company No Limit Markets Ltd
Address The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia
Regulator named None (“stringent regulatory standards” only)
Platform MetaTrader 5
Domain registered 6 February 2023

The site promises “stringent regulatory standards” without naming a regulator. Saint Lucia has no forex licensing regime for this kind of firm, and the same building houses ProMax and Ester Holdings.

Profits removed by No Limit Markets?

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