Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
5/10 · ModerateHeld a genuine full investment-firm permit from Montenegro's national regulator, confirmed on the regulator's own records, but that permit was withdrawn on 1 April 2026 so no authorisation is in force.
Identity & transparency
2/10 · LowLegal name, register number, tax number, LEI, registered address, telephone and named officers were all published and match the registry and the regulator's records exactly; the only gap is that no closure notice was left for former clients.
Withdrawals & conduct
3/10 · LowOne uncorroborated 2024 report of a deposit withheld at withdrawal, set against one 2022 report of a smooth payout, with no amounts, dates or reference numbers and no complaint cluster at the wind-down.
Reputation
4/10 · ModerateNet-neutral but extremely thin, with two reviews in total and none in the past year; no regulator warning on any list, and the scam-labelled pages that surface carry no verifiable case detail.
Website claims
5/10 · ModerateHonest on age, entity, licence number and CFD risk, but the homepage framed a Montenegrin permit as regulation in accordance with MiFID II and ESMA, which overstates its reach outside the European Union.
Operational history
3/10 · LowA verified nine-year run under one brand, with a 2017 incorporation, a 2017 domain, continuous archive history and audited accounts, but that operating history has now ended.
Who they are
A quick desk file on the company behind the brand.
- Brand: Limit Prime Securities, also shown as Limit Prime
- Legal entity: Investiciono Društvo Limit Prime Securities AD Podgorica, a Montenegrin joint-stock company. Tax number 03138933, register number 4-0009505/021, LEI 747800G0YAZATG1LAY57
- Registered: Ulica 8 marta bb, objekat 14E, 81000 Podgorica, Montenegro. Incorporated 1 June 2017
- Website: limitprime.com, registered 9 November 2017, no longer serving a page
- Only licence: Capital Market Commission of Montenegro, permit 03/2-6/2-17 of 18 May 2017, withdrawn on 1 April 2026
- Offers: leveraged CFDs on around 40 currency pairs plus commodities, indices, shares, crypto and futures, on MetaTrader 5
- Not accepted: no clients at all now. The firm stopped providing investment services in 2026
- Age claim: created in 2017, which matches the company registry and the domain record
- People: Dražen Baletić as chief executive, alongside a named head of human resources and an internal auditor
- Now: the same legal entity is registered as FinCall Solutions AD Podgorica, a call-centre business owned by Metropol Trading
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: Yes
We confirmed this broker on a genuine regulator’s register.
Licences the broker publishes
Capital Market Commission of Montenegro
Why we reached this verdict
How the evidence adds up.
Two things are true at once here, and the score reflects the second one. On every test of honesty this firm passed, and nothing we found supports a scam reading. But it holds no licence and no longer operates, so there is nothing behind this name that a client can safely use.
- The licence was real and it was this company's own. The Commission's own documents tie permit 03/2-6/2-17, issued 18 May 2017, to Investiciono Društvo Limit Prime Securities AD Podgorica at the same Podgorica address the website published. It covered receiving and transmitting orders, executing orders for clients, dealing on own account, portfolio management and investment advice. That is a full investment-firm permit, not an advice-only authorisation and not a company registration dressed up as regulation.
- The licence is gone, and that is the main risk now. The Commission withdrew it at its 178th session on 1 April 2026. Its notice states the ground plainly: the company took a decision to cease providing investment and ancillary services. The same notice instructed clients to withdraw their money from the firm's accounts or transfer it to another investment firm, which is the orderly procedure Montenegrin capital market law sets out when a firm leaves the market.
- The exit was not an enforcement action. We found no fine, no sanction and no supervisory measure against the firm, and no regulator warning anywhere. A search of the international warning-list network covering more than 150 regulators returns no entry for this name or this website.
- The complaint record is too thin to carry anything. Two reviews exist in total. One, from April 2022, describes withdrawing profit smoothly after several months of trading. One, from March 2024, says the firm would not return a deposit without an image of the client's card. The second is a serious allegation, but it is a single report on a single platform with no amount, date or reference number, and nothing corroborates it. Much larger loss figures circulate on affiliate review pages and on sites that charge a fee to recover money, and none of them trace back to an identifiable case.
- One claim overreached. The homepage said the firm was regulated in line with MiFID II and ESMA rules as well as licensed and supervised by the Montenegrin Commission. The second half is accurate. The first half reads as though European Union supervision applied, and it did not: Montenegro sits outside the EU and the single market, so the permit carried no European passport and ESMA had no role in supervising it. Montenegrin capital market law is modelled on MiFID II, and the firm listed the European CFD guidance among its reference documents, so this is an overstatement of reach rather than an invented licence.
- Everything else about the identity held up. The company registry entry, the LEI record, the licence address and the website footer all give the same company, the same numbers and the same address. The firm published audited accounts, named its chief executive and officers, carried a proper CFD risk warning, offered negative balance protection and segregated client accounts, ran MetaTrader 5 servers registered under its own name and advertised in the mainstream Montenegrin press. Its stated founding year matches the registry to the month, which is unusual among the brokers we examine.
- What the figure means. Forty per cent reflects a closed, delicensed brand with a dead website, not misconduct we established. A brand that leaves the market while its name and licence number stay in circulation online is exactly the material impersonators reuse, and that is the risk a reader faces today.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The Capital Market Commission of Montenegro withdrew the operating licence of Limit Prime Securities a.d. Podgorica at its 178th session on 1 April 2026, so the firm holds no authorisation to provide investment services.
E2The same notice gives the ground for the withdrawal: the company adopted a decision to cease providing investment and ancillary services. The Commission then notified clients so they could withdraw funds from the firm's accounts or transfer them to another investment firm, which is the statutory wind-down procedure rather than a penalty.
E3The firm's own licence page set out permit 03/2-6/2-17 issued by the Capital Market Commission of Montenegro on 18 May 2017, covering reception and transmission of orders, execution of orders for clients, dealing on own account, portfolio management and investment advice, and gave its incorporation date as 1 June 2017 and its register number as 40009505.
E4The Commission's own record for the company lists it with tax number 03138933 at a Podgorica address, confirming the entity exists on the regulator's registers under this brand.
E5The Montenegrin business register record shows the company incorporated on 1 June 2017 with register number 4-0009505/021 and tax number 03138933 at Ulica 8 marta bb, objekat 14E, Podgorica, wholly owned by Metropol Trading with Dražen Baletić on the board, and now registered as FinCall Solutions AD Podgorica with call-centre activity as its registered business.
E6The global legal entity record for LEI 747800G0YAZATG1LAY57 names Investiciono Društvo Limit Prime Securities AD Podgorica at the same Podgorica address, with Montenegrin registration authority entity number 40009505, entity status active and the identifier itself lapsed for renewal.
E7limitprime.com was registered on 9 November 2017 through GoDaddy and runs to 9 November 2026, consistent with the company's incorporation in June 2017 and with its stated founding year.
E8A search of the international alerts network that aggregates warning lists from more than 150 securities regulators returns no warning matching this firm or its website.
E9The complete public review record for limitprime.com is two reviews averaging 3.0 out of 5, with none in the past year: a April 2022 account of withdrawing profit smoothly, and a March 2024 allegation that the firm refused to return a deposit without an image of the client's card. Neither carries an amount, a date of loss or a reference number.
E10The site's final archived state, captured on 16 March 2026, still marketed live account opening and carried no closure notice. It also showed the firm's own framing that it was regulated in accordance with MiFID II and ESMA as well as licensed and supervised by the Capital Market Commission of Montenegro, alongside negative balance protection, segregated client accounts and MetaTrader 5 servers registered under the firm's own name.
E11Archive records show a continuous single-brand site from August 2018 to 16 March 2026, with Montenegrin, English and Albanian sections, a trading academy, daily market commentary and dated client announcements. The domain was never used for another broker brand, and nothing has been served since.
E12The firm's regulations page listed the European CFD guidance among the rules it followed rather than claiming a European licence, and its footer consistently attributed its authorisation to the Montenegrin Capital Market Commission under number 03/2-6/2-17. It published no external verification link for that number.
E13Its own about page named the chief executive, the head of human resources and the internal auditor, stated the company was created in 2017 and claimed more than 70 staff. The founding year matches the registry and the domain record, so no history was inflated.
E14Montenegrin capital market law requires an investment firm permitted to deal on own account, the category this firm held, to hold initial capital of at least 750,000 euro, and gives the Commission power to suspend or revoke licences. This was a supervised onshore regime rather than a nominal registration.
The other side
The strongest case in this broker’s favour.
The case for this firm, put as strongly as the evidence allows:
- It was a licensed, supervised investment firm in its own country for nearly nine years, not an offshore shell. Montenegro requires at least 750,000 euro of initial capital from firms permitted to deal on own account, the category this firm held, so there was a real prudential floor behind it.
- The exit was voluntary and supervised. A firm winding down on its own decision, with the regulator publishing a notice telling clients how to recover or move their money, is the opposite of an operator that vanishes with deposits.
- There is no terminal wave of complaints. Exit scams leave one. This brand has had no reviews at all in the past year, and the Montenegrin press, which reports financial failures closely, carried nothing about client losses.
- Disclosure was better than most brokers manage. Legal name, tax number, register number, LEI, registered address, telephone, named management and audited financial statements were all published, and the firm marketed through mainstream domestic media rather than hiding behind messaging apps.
- The single negative review may describe ordinary compliance. Asking a client to photograph the card used to fund an account is a standard anti-money-laundering and chargeback control. It is intrusive, but it is not the same thing as demanding an extra payment before releasing funds, which is the pattern that would have changed this verdict.
- The European wording was not a fabricated licence. The firm never claimed a second regulator, never quoted another company's licence number, and consistently attributed its authorisation to the Montenegrin Commission in its footer and on its licence page.
What would change this
What we would need to see to revise the verdict.
What would move this assessment in either direction:
- Credible, specific accounts from former clients who did not get their money back during the 2026 wind-down, with amounts, dates or reference numbers, would push this toward a far worse verdict.
- Any regulator warning naming this company or limitprime.com, or any enforcement or court record, would do the same.
- A demand for a fee, tax or charge before releasing a former client's balance would be decisive on its own.
- Evidence that the renamed entity or its owners are operating a new brokerage brand, or that the Limit Prime name and licence number have been taken up by an unrelated website, would be treated as a separate case.
- Confirmation from the Commission that client assets were fully returned or transferred would lower the figure, because what happened to client money at the end is the one material question still open.
- If the company were re-licensed and reopened, the assessment would be rebuilt around the new permit.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Capital Market Commission of Montenegro: notice withdrawing the firm's licence
The regulator's own notice, naming the firm, the licence and the 1 April 2026 withdrawal.
Capital Market Commission of Montenegro: entry for Limit Prime Securities
The Commission's record for the company, with its tax number and registered address.
Capital Market Commission of Montenegro: registers of market participants
Where Montenegro publishes its lists of licensed investment firms and credit institutions.
Montenegro business register record for the company
Shows the incorporation date, register number and the entity's current registered name.
Trustpilot reviews for limitprime.com
The complete public review record for this website: two reviews.
International warning-list search for this firm
A cross-regulator alert search covering more than 150 authorities returns no entry.
Frequently asked questions
Quick answers about this broker’s safety.
Is Limit Prime Securities a scam?
No. It was a genuinely licensed Montenegrin investment firm from 2017 to 2026, and we found no evidence of fraud, no regulator warning and no enforcement action against it. The important caveat is that it is closed: the Capital Market Commission of Montenegro withdrew its licence on 1 April 2026 and the website no longer works.
Is Limit Prime Securities a fraud?
We found no evidence of fraud. No regulator has warned about this firm, there is no enforcement action and no fraud-related court record naming the company, and the public complaint record amounts to a single unverified review. The firm left the market through the regulator's orderly wind-down procedure, not through a collapse.
Is Limit Prime Securities regulated?
Not any more. It held permit 03/2-6/2-17, issued by the Capital Market Commission of Montenegro on 18 May 2017, which allowed it to receive and transmit orders, execute orders for clients, deal on own account, manage portfolios and give investment advice. The Commission withdrew that permit on 1 April 2026.
Why was the licence withdrawn?
Because the company itself decided to stop providing investment and ancillary services. The Commission's notice states that ground expressly and cites the article of the capital market law that covers a firm ceasing business. It was not a penalty, and we found no sanction or supervisory measure against the firm.
Can I still open an account or trade with Limit Prime?
No. limitprime.com no longer serves a page, its registration and trading subdomains are unreachable, and the company holds no authorisation to provide investment services. If something appears to offer you an account under this name, it is not the licensed firm described here.
I was a client. How do I get my money?
The Commission's notice told clients to withdraw funds from the firm's accounts or transfer them to another licensed investment firm. If you still have a balance or no answer, approach the Capital Market Commission of Montenegro directly. Never pay a fee, tax or charge to have funds released, because that demand is itself a scam.
Who owned and ran Limit Prime Securities?
The chief executive was Dražen Baletić, and the firm also named a head of human resources and an internal auditor on its site. The Montenegrin business register shows the company wholly owned by Metropol Trading, with Mr Baletić on the board.
How old was the company?
Genuinely about nine years old. It was incorporated in Podgorica on 1 June 2017, and limitprime.com was registered on 9 November 2017. Its own claim to have been created in 2017 matches both records, so there was no inflated history here.
Was the Montenegrin licence worth anything?
More than an offshore registration, less than a tier-one licence. It came from a real national securities regulator under a law modelled on the European MiFID II regime, and firms permitted to deal on own account must hold at least 750,000 euro of capital. But Montenegro is outside the European Union, so the permit gave no European passport and no European-level supervision.
Did the website claim anything misleading?
One line overreached. The homepage said the firm was regulated in accordance with MiFID II and ESMA as well as licensed by the Montenegrin Commission. The licence part was true, but the European wording suggests EU supervision that did not apply. Everything else, including the licence number, legal entity, tax number, LEI and address, was disclosed accurately.
Is Limit Prime Securities a clone of another broker?
No. The licence number it advertised belongs to this exact company on the regulator's own records, and the legal name, registration number and registered address match across the company registry, the LEI record, the regulator's documents and the website footer. We found no sign of another firm's credentials being used.
What happened to the company after it closed?
The same legal entity, with the same tax number 03138933 and register number 4-0009505/021 at the same Podgorica address, has been renamed FinCall Solutions AD Podgorica and is registered for call-centre activity. It remains an active company, but it is no longer an investment firm.
What should I check before depositing with any broker?
Look up the licence number yourself on the regulator's own register, not on the broker's site, and confirm the licensed entity name and address match the company taking your money. Check the regulator's status field is current, not lapsed or withdrawn, and verify the firm is allowed to deal, not merely to advise.
What we recommend
The practical takeaway from everything above.
What to do if this brand comes up:
- Do not deposit. There is no licensed broker behind this name any more, and the website does not work.
- Treat any site, app, messaging group or caller using the Limit Prime name today as unconnected to the firm described here, and check any licence number it quotes against the Commission's own register before believing it.
- If you were a client and still have a balance or an unanswered question, contact the Capital Market Commission of Montenegro, which published the notice about the withdrawal and the procedure for recovering or transferring funds.
- If anyone asks you to pay a fee, a tax or a charge to release money from this or any closed broker, stop. That demand is itself the scam, and no legitimate firm or regulator makes it.
- Be wary of services offering to recover losses from this brand for an upfront payment. Several of the pages that surface about this firm are run by exactly that kind of operation.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed October 6, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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