Limitless Prop Review: A Game-Changer in Prop Trading Today

In this Limitless Prop review, we go into the promising details of this anonymous prop firm that emerged in 2023. 

In this blog post, we’ll explore everything from their company details to trader reviews. Get ready to discover the potential that Limitless Prop holds for traders like you.

Limitless Prop Company Details

Limitless Prop, also known as LIMITLESS Forex Funds, is a relatively new player in the prop trading industry. You may know this by now. 

This company became active in early 2023. What immediately grabs your attention is their striking web design in refreshing green shades and their active Instagram presence. 

According to their website, Limitless Prop offers traders the chance to take on trading challenges at minimal cost, providing a risk-free way to show their skills. Successful traders who pass the challenge can earn a share of the profits in their Funded Account. What else is there?

The motivation behind founding this firm is to handle a common issue among traders. That is a lack of capital slowing them from achieving their profit goals.

Limitless Prop and How It Works

So, are the Limitless Forex Funds legit as a firm? Based on trader reviews, yes they are. 

At Limitless Prop, they have a variety of challenges to choose from. Now, each challenge comes with different capital and profit targets. 

These are made to test and sharpen our trading skills. After passing the challenge, traders receive a share of the profits generated in their Funded Account, subject to some terms and conditions. 

Note: Your safety of funds is at risk with UnitForex. Keep that in mind. 

Trading Assets at Limitless Prop

Limitless Prop offers a vast range of assets for trading. They claim to support 200+ assets, in fact. Still, we must say they don’t explicitly list the supported assets on their website. 

It would be beneficial for traders to have clarity on the specific assets they can trade. This is indeed currently missing from their input, which may be a drawback. 

Trading Software Available

Limitless Prop’s site provides limited information about the trading platforms they offer. We couldn’t find any details on this topic! 

Yet, in their FAQs, they give a vague response, stating that traders can use their platform for challenges, verification, and accounts. Still, this is everything but a good answer. Besides, the answer itself had many grammar mistakes. This lack of transparency about the platforms raises big concerns. 

Remember that popular and reputable firms often use platforms like MT4 and MT5. This is due to their advanced features, user-friendly interfaces, and amazing technical indicators.

MT5 Platform

MetaTrader 5 (MT5) is an advanced trading platform that has gained popularity since its launch. With its highly customizable interface, we can personalize charts and tools to suit our preferences. 

MT5 has more advanced features compared to MT4, including an array of indicators. These platforms are favored by roughly 80% of traders for their advanced charting, back-testing, and more.

Tip: Remember, UOP Capital is not a good option for trading. They are highly dubious. 

Trading Environment – Pricing and Rules

Limitless Prop has specific rules and criteria for traders to follow, including a 5% daily drawdown limit. 

There’s also a 10% overall drawdown limit and a 2% monthly profit target. 

Traders are also required to enter at least one trade for a minimum of 3 days a week. These rules aim to provide disciplined trading practices and risk management. Also, traders can experience an increase in their account allocation as they progress.

Tip: Many people said that the Limitless Prop login process was a breeze. So, you might want to try it out!

Full Challenge Tiers

Let’s break down Limitless Prop’s challenges and how they work:

Challenge Tiers and Pricing:

• 10K Challenge: $99
• 25K Challenge: $150
• 50K Challenge: $290
• 100K Challenge: $500
• 250K Challenge: $1250 
• 500K Challenge: $2500

Challenge:

• Challenge in Demo:
  • Duration: Unlimited
  • Minimum Trading Days: 4 days
  • Profit Target: 8%
  • Maximum Loss: 10%
  • Daily Loss Limit: 5%
  • Progresses to PHASE 2 automatically

Assessment: 

• Demo Evaluation
  • Duration: Unlimited
  • Minimum Trading Days: 4 days
  • Profit Target: 5%
  • Maximum Loss: 10%
  • Daily Loss Limit: 5%
  • Progresses to PHASE 3 automatically

Live:

• Funded Account in Live:
  • Duration: 30 days
  • Minimum Trading Days: 4 days
  • Profit Target: 2%
  • Maximum Loss: 10%
  • Daily Loss Limit: 5%
  • Payout: 80% to the trader, 20% to LimitlessProp

These challenges truly provide structured opportunities. Depending on your preferred challenge tier and type, you can aim for specific profit targets while sticking to strict loss limits.

Tip: Stay away from INNO Trade. This company is entirely suspicious to work with. 

Limitless Prop Payout Options

It’s worth noting that Limitless Prop processes payments only through crypto coins. 

This is innovative but it’s clear they lack other solid options like Paypal, Skrill, etc. Also, know that the supported coins mentioned include Bitcoin, Ethereum, USDT, and USDC. This payment method may not be suitable for all traders, so it’s wise to consider your preferences before choosing this prop firm. Remember this! 

Trader Reviews on Trustpilot

Despite being a new player in the industry, Limitless Prop has received solid reviews on Trustpilot (4.5 stars). 

These rather positive reviews indicate a promising start for the firm. However, it’s crucial to remember one thing. When choosing a trading partner, you should go for regulated and highly rated brokers with 4.5 stars or more on reputable platforms.

Can I Make Money From Online Trading?

The answer is yes! When it comes to trading, profitability is possible with the right knowledge and tools. Precisely that is why we offer free consultations to help you decide and stay safe.

Besides, we’ve developed an AI Analysis Bot designed to boost your trading experience. This smart tool relies on advanced predictions to provide reliable trading advice. And it can give you a practical advantage. You can reserve your spot for our upcoming launch and enjoy a lovely 20-day free trial. This free plan includes access to 5 FX reports and 5 stock analysis reports a month.

But please remember that nothing in trading can be 100% guaranteed. Always do your own research. 

Conclusion 

So, Limitless Prop presents an exciting opportunity for some traders who want to earn a share of profits. 

However, traders should be extra mindful due to the limited information available about the firm’s trading platforms and assets. Also, their location remains unknown. Before making a decision, consider your preferences, risk tolerance, and the overall standing of the prop firm. Stay safe and stay knowledgeable! 

FAQs