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In my experience as a trader, regulatory oversight is one of the first factors I look into when evaluating a broker’s legitimacy and the potential safety of my funds. For Limit Prime Securities, I can confirm that they are indeed regulated. The firm is licensed and overseen by the Capital Market Commission of Montenegro (SCMN), and it operates under a Market Maker license (license number 03/2-6/2-17). This regulatory status indicates that the broker is subject to local financial laws and periodic scrutiny by Montenegrin authorities, which adds a measure of transparency and client protection to their operations. While being regulated in Montenegro gives me some confidence, I do take a cautious approach. The global forex landscape often favors brokers licensed by highly reputed authorities, such as those in Europe’s major financial hubs or Australia. Montenegro’s regulatory framework isn’t as renowned internationally, so I remain mindful that the level of recourse and investor protection may differ from more established regulatory regimes. Overall, for me, seeing that Limit Prime Securities is officially regulated does provide a layer of credibility, but I continue to prioritize thorough due diligence, as regulatory strength and investor safeguards can vary significantly from jurisdiction to jurisdiction.