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Ultima Markets Forex Broker provides real users with 9 positive reviews, 2 neutral reviews and 5 exposure review!

Ultima Markets Broker Review

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Ultima Markets Review 16

Latest All(16) Positive(9) Neutral(2) Exposure(5)
Exposure
This is a fraudulent company.

No matter how many times you inquire, you will only receive a form letter in response. Let's absolutely avoid making any deposits!

FX2301887744
2024-10-24
Exposure
Withdrawal Refusal

I applied for a withdrawal, but I was rejected with only a confirmation response and my principal has not been returned.

FX2301887744
2024-10-21
Exposure
Deduct Fund PNL 711$

My Ultimamarkets mt4 id is 854267. This broker scammed me 717$. I did Normal trade i deposit 801$ and did profit of 300$. First i placed withdraw of 325$, this broker rejected my withdraw At the end they removed my capital with profit from my portal and refused to give me single penny. A regulated broker never do this to their clients. How a regulated can remove funds from mt4 and client portal without permission of his client ? did deduct all profit I am attaching all my proof here please declare this broker as scam. Many traders are raising voices against this broker at trust pilot. I am also in contact with other effected traders of ultimamarket and we will declare this broker as scam broker from their regulations.

Wian
2024-07-22
Positive
Ultima Markets: Tailored Trading Experience with Diverse Instruments for All Levels

Ultima Markets is amazing! They offer a diverse selection of market instruments to trade, and their account types cater to traders of all experience levels. The flexibility and choice make it easy to find the right fit for my trading needs. Highly satisfied!

Wenner
2024-07-11
Positive
Outstanding Assistance from Ultima Markets' Representatives Georgi and Stanislav

I have just opened a new account and was a little unsure how to complete all the necessary documentation. I rang Ultima Markets yesterday and today and spoke with two representatives Georgi and Stanislav. All I can say is that their service was first class and i am greatly appreciative of the time and help provided by these two chaps.

Augdjh
2024-06-14
Neutral
Profit Threshold Woes: Smooth Trading, Sticky Withdrawals at Ultima Markets

Well, Ultima Markets. The Social Trade platform has been nothing short of a boon for my busy schedule, allowing me to make a pretty penny without breaking a sweat. Thanks for the assist! However, let's get real about those withdrawals. Turning a cold shoulder when I reached a certain profit margin didn't exactly scream 'trustworthy'. Handle with care, folks! 😬

Golden88
2024-04-19
Exposure
Ultima Market refused to give my capital & profit

Hi my name is Farooq ali abbasi. My registered email at ultima market is farooqaliabbasi@gmail.com. My ultima mt4 id is 823690. This broker scammed me 1902$. I did Normal trade in US Share hood. i deposit 500$ and did profit of 1402$. First i placed withdraw of 1502$, this broker rejected my withdraw then i placed withdraw of 1600$ then again this broker rejected my withdraw. At the end they removed my capital with profit from my portal and refused to give me single penny. A regulated broker never do this to their clients. How a regulated can remove funds from mt4 and client portal without permission of his client ? Before this trade, I did Normal trade in another US share PayPal and my account washed out and did loss of 934$ as market was not in my favor. Then ultima broker removed my nagitive balance and let me trade again. So as i did profit they eat my all profit with deposit amount. I am attaching all my proof here please declare this broker as scam. Many traders are raising voices against this broker at trust pilot. I am also in contact with other effected traders of ultima market and we will declare this broker as scam broker from their regulations. I am requesting you kindly help me to recover my hard earn money from this broker. Also declare this broker as scam broker so that many other traders stay away from getting scammed. Thanks

Farooq Ali Abbasi
2024-02-19
Positive
Ultima Broker: Trusted for Secure Investments & Educational Growth

Trustworthy broker. Good customer service and very responsive. They provide educational materials and I gain lot of knowledge with Ultima. Best Broker and safe to Invest and Trade.

Amir A
2023-12-06

  

Ultima Markets 2025 Review: Everything You Need to Know

  

Executive Summary

  This comprehensive Ultima Markets review evaluates a multi-asset brokerage that has gained attention in the forex trading community since its establishment in 2016. Ultima Markets operates as a regulated CFD trading broker under the oversight of the Maldives Financial Services Commission (FSC). The broker offers traders access to over 250 trading instruments across forex, commodities, stocks, and cryptocurrencies.

  The broker distinguishes itself through several key features. These include comprehensive insurance coverage for client funds, strict fund segregation policies, and negative balance protection measures that prioritize trader safety. According to available information, Ultima Markets provides multiple account types - Standard, ECN, and ECN Pro accounts. These are designed to accommodate different trading preferences and experience levels.

  The platform targets small to medium-sized investors seeking diversified trading opportunities across multiple asset classes. With its user-friendly Ultima Markets App and commitment to regulatory compliance, the broker positions itself as an accessible option for traders. These traders are looking to engage in forex, commodity, stock, and cryptocurrency trading within a regulated environment.

  Based on Trustpilot data showing 210 reviews, the broker maintains an active user base. However, specific satisfaction metrics require further investigation. The combination of regulatory oversight, fund protection measures, and diverse trading instruments makes Ultima Markets a noteworthy consideration for traders evaluating brokerage options in 2025.

  

Important Notice

  Regional Entity Differences: Traders should be aware that regulatory requirements and available services may vary significantly across different jurisdictions. While Ultima Markets operates under Maldives FSC regulation, traders in different regions may experience varying levels of investor protection, compensation schemes, and regulatory oversight. It is essential to verify which specific entity serves your region and understand the implications for fund security and dispute resolution.

  Review Methodology: This evaluation is based on available information summaries, regulatory filings, and user feedback data. Given the limited detailed information available for some aspects of the broker's operations, certain sections may note where specific information was not available in the source materials. Traders are encouraged to conduct independent verification of all trading conditions and regulatory status before making investment decisions.

  

Rating Framework

Dimension Score Rating Basis
Account Conditions 7/10 Multiple account types with fund segregation, but missing specific minimum deposit and leverage details
Tools and Resources 8/10 Over 250 trading instruments across multiple asset classes
Customer Service and Support 7/10 Standard support expected but specific details not provided in source materials
Trading Experience 7/10 User-friendly platform design, though specific performance metrics unavailable
Trustworthiness 8/10 FSC regulation with insurance coverage and client fund segregation
User Experience 6/10 210 Trustpilot reviews indicate active user base, but detailed satisfaction metrics not specified

  

Broker Overview

  Ultima Markets emerged in the competitive forex brokerage landscape in 2016. The company established itself as a multi-asset trading platform with a focus on accessibility and regulatory compliance. The company operates as a CFD trading broker, providing investors with access to global financial markets through a single, integrated platform. According to available information, Ultima Markets has positioned itself to serve traders interested in diversified investment opportunities, ranging from traditional forex pairs to emerging cryptocurrency markets.

  The broker's business model centers on providing a user-friendly trading environment supported by robust safety measures and regulatory oversight. Ultima Markets emphasizes client fund protection through segregation policies and insurance coverage. This indicates a commitment to trader security that extends beyond basic regulatory requirements. The company's approach appears designed to attract both novice traders seeking straightforward market access and experienced investors requiring sophisticated trading tools.

  The second pillar of Ultima Markets' offering revolves around its comprehensive platform ecosystem. The broker provides access to forex, commodities, stocks, and cryptocurrencies through its proprietary Ultima Markets App. This app is described as user-friendly and suitable for traders of varying experience levels. Operating under the regulatory framework of the Maldives Financial Services Commission (FSC), Ultima Markets maintains compliance standards that provide a foundation of trust for its international client base.

  The broker's asset coverage spans over 250 trading instruments. This positions it as a comprehensive solution for traders seeking market diversification. This extensive instrument selection, combined with multiple account types including Standard, ECN, and ECN Pro options, demonstrates Ultima Markets' commitment to accommodating different trading styles and preferences within its platform ecosystem.

  

Detailed Information

  Regulatory Jurisdiction: Ultima Markets operates under the regulation of the Maldives Financial Services Commission (FSC). This provides oversight for the broker's operations and client fund handling. This regulatory framework establishes compliance requirements for fund segregation, operational transparency, and client protection measures.

  Deposit and Withdrawal Methods: Specific information regarding available deposit and withdrawal methods was not detailed in the available source materials. This requires direct confirmation with the broker for comprehensive payment processing details.

  Minimum Deposit Requirements: The exact minimum deposit requirements for different account types were not specified in the source materials. However, the availability of Standard, ECN, and ECN Pro accounts suggests varying entry points for different trader categories.

  Bonus and Promotional Offers: Details regarding promotional offers, welcome bonuses, or ongoing trading incentives were not mentioned in the available information summaries.

  Tradeable Assets: Ultima Markets provides access to over 250 trading instruments across four major asset categories. These include forex currency pairs, commodities, stocks, and cryptocurrencies including PLC Ultima (PLCU). This diverse selection enables traders to implement cross-market strategies and portfolio diversification approaches.

  Cost Structure: Specific information regarding spreads, commissions, overnight financing rates, and other trading costs was not detailed in the source materials. Traders should verify current pricing structures directly with the broker before account opening.

  Leverage Ratios: Maximum leverage ratios and margin requirements for different instrument categories were not specified in the available documentation.

  Platform Options: The primary trading platform is the Ultima Markets App. It is designed with user-friendly interfaces suitable for traders across different experience levels. The platform's specific features and technical capabilities require further investigation beyond the basic user-friendly designation.

  Geographic Restrictions: Information regarding countries or regions where services may be restricted was not provided in the source materials.

  Customer Support Languages: The range of languages supported by customer service was not specified in the available information.

  This Ultima Markets review highlights the need for traders to conduct direct inquiries with the broker to obtain comprehensive details on trading conditions and service specifications.

  

Detailed Rating Analysis

  

Account Conditions Analysis (7/10)

  Ultima Markets demonstrates a structured approach to account offerings through its three-tier system comprising Standard, ECN, and ECN Pro accounts. This tiered structure suggests the broker recognizes different trader needs and experience levels. However, specific details about minimum deposits, spread differentials, and exclusive features for each account type were not provided in the available source materials.

  The broker's commitment to client fund protection represents a significant strength in its account conditions. According to available information, Ultima Markets implements client fund segregation policies, ensuring trader deposits remain separate from operational funds. This segregation, combined with insurance coverage, provides an additional layer of security that exceeds basic regulatory requirements in many jurisdictions.

  However, the lack of specific information regarding minimum deposit requirements, maximum leverage ratios, and detailed fee structures limits the ability to fully evaluate the accessibility and competitiveness of account conditions. The absence of information about specialized account types, such as Islamic accounts for Sharia-compliant trading, also represents a gap in the available assessment data.

  The account opening process details were not specified in the source materials. This makes it difficult to evaluate the efficiency and requirements for new client onboarding. Similarly, account maintenance fees, inactivity charges, and withdrawal policies require direct confirmation with the broker.

  Despite these information gaps, the fundamental structure of multiple account types combined with strong fund protection measures provides a solid foundation for trader confidence. The Ultima Markets review indicates that while the basic framework appears sound, potential clients should verify specific terms and conditions directly with the broker to ensure alignment with their trading requirements.

  

Tools and Resources Analysis (8/10)

  Ultima Markets excels in providing comprehensive market access through its offering of over 250 trading instruments across multiple asset classes. This extensive selection spans traditional forex pairs, commodities, stocks, and cryptocurrencies, including the notable inclusion of PLC Ultima (PLCU). The breadth of available instruments positions the broker favorably for traders seeking portfolio diversification and cross-market trading strategies.

  The multi-asset approach demonstrates Ultima Markets' understanding of modern trading preferences. Investors increasingly seek access to both traditional and emerging financial instruments through a single platform. The inclusion of cryptocurrency trading alongside conventional assets reflects the broker's adaptation to evolving market demands and trader interests.

  However, the source materials did not provide specific information about research and analysis resources, educational materials, or market commentary services that typically support trader decision-making. The availability of economic calendars, technical analysis tools, market news feeds, and educational webinars remains unclear based on the available information.

  Automated trading support, including Expert Advisor (EA) compatibility, algorithmic trading capabilities, and API access for institutional clients, was not detailed in the source materials. These features are increasingly important for sophisticated traders and institutional clients seeking advanced trading implementations.

  The quality and depth of charting tools, technical indicators, and analytical resources integrated into the Ultima Markets App require further investigation beyond the basic user-friendly platform description. Advanced features such as custom indicator development, backtesting capabilities, and professional charting packages were not specified in the available documentation.

  

Customer Service and Support Analysis (7/10)

  The evaluation of Ultima Markets' customer service capabilities faces limitations due to insufficient specific information in the source materials regarding support channels, response times, and service quality metrics. While the presence of 210 Trustpilot reviews suggests an active customer base with feedback mechanisms, detailed satisfaction scores and service quality assessments were not provided.

  Standard industry expectations would include multiple contact channels such as live chat, email support, and telephone assistance. However, the specific availability and operating hours of these services at Ultima Markets were not detailed in the available information. The absence of information about multilingual support capabilities also limits the assessment of the broker's accessibility to international clients.

  Response time benchmarks, which are crucial for evaluating customer service effectiveness, were not specified in the source materials. Quick resolution of trading issues, account inquiries, and technical support requests represents essential service components that require verification through direct broker contact or user experience reports.

  The quality of support staff training, particularly regarding complex trading issues, regulatory questions, and platform technical problems, remains unclear based on available information. Professional brokers typically provide specialized support for different client categories, but such service differentiation was not documented in the source materials.

  Problem resolution processes, escalation procedures, and customer satisfaction monitoring systems were not described in the available documentation. The absence of specific customer service policies and performance metrics makes it challenging to provide a comprehensive evaluation of this critical service dimension.

  

Trading Experience Analysis (7/10)

  The trading experience evaluation for Ultima Markets centers on its proprietary Ultima Markets App, which is characterized as user-friendly and suitable for traders across different experience levels. This platform-centric approach suggests the broker has invested in creating an accessible trading environment. However, specific performance metrics and feature details were not provided in the source materials.

  Platform stability and execution speed represent crucial components of trading experience that require detailed technical assessment beyond the basic user-friendly designation. Information about average execution speeds, slippage rates, and requote frequency was not available in the source documentation, limiting the ability to evaluate trading performance objectively.

  The mobile trading experience appears to be a focus area for Ultima Markets, with the dedicated app suggesting priority placed on mobile accessibility. However, specific mobile platform features, offline capabilities, and synchronization with desktop versions were not detailed in the available information.

  Order execution quality, including the handling of market orders, limit orders, and stop-loss instructions during volatile market conditions, requires verification through user experience reports or direct testing. The broker's execution model, whether market maker or straight-through processing (STP), was not specified in the source materials.

  Trading environment factors such as spread stability, liquidity provision, and market depth information were not detailed in the available documentation. These elements significantly impact the overall trading experience and require direct investigation for comprehensive evaluation.

  The Ultima Markets review indicates that while the platform emphasizes user-friendliness, traders seeking detailed performance specifications should conduct direct inquiries to verify trading conditions and execution quality.

  

Trustworthiness Analysis (8/10)

  Ultima Markets demonstrates strong foundational trustworthiness through its regulation by the Maldives Financial Services Commission (FSC). This provides regulatory oversight and compliance requirements for broker operations. This regulatory framework establishes basic standards for operational transparency, client fund handling, and business conduct that contribute to overall broker credibility.

  The implementation of client fund segregation policies represents a significant trust-building measure that exceeds basic regulatory requirements in many jurisdictions. By maintaining separation between client deposits and operational funds, Ultima Markets provides additional protection against potential business difficulties or operational issues that could impact client assets.

  Insurance coverage for client funds adds another layer of protection that enhances the broker's trustworthiness profile. This additional safeguard demonstrates a commitment to client protection that extends beyond minimum regulatory requirements. However, specific coverage amounts and conditions were not detailed in the source materials.

  The broker's negative balance protection policy provides important downside protection for traders. This prevents account balances from falling below zero during extreme market conditions. This feature represents a significant risk management tool that protects traders from owing money to the broker due to adverse market movements.

  However, the assessment of company transparency, public disclosure practices, and operational history faces limitations due to insufficient detailed information in the source materials. The broker's track record in handling market stress events, regulatory changes, and customer disputes requires further investigation beyond the basic regulatory compliance confirmation.

  

User Experience Analysis (6/10)

  The user experience evaluation for Ultima Markets draws from limited available data, including the presence of 210 Trustpilot reviews that indicate an active user community. However, specific satisfaction ratings and detailed feedback summaries were not provided in the source materials. This review volume suggests reasonable market presence and customer engagement levels.

  Platform design and usability focus on user-friendliness according to available information, with the Ultima Markets App designed to accommodate traders of varying experience levels. This accessibility approach suggests attention to user interface design and navigation simplicity. However, specific usability features and customization options were not detailed.

  The registration and account verification process details were not specified in the source materials. This makes it difficult to evaluate the efficiency and user-friendliness of the onboarding experience. Streamlined account opening procedures represent important user experience components that require direct verification.

  Fund operation convenience, including deposit and withdrawal processing times, payment method variety, and transaction fee structures, was not detailed in the available documentation. These operational aspects significantly impact daily user experience and satisfaction levels.

  Common user complaints and satisfaction drivers were not specified in the source materials. This limits the ability to identify specific strengths and areas for improvement in the user experience. The absence of detailed feedback analysis makes it challenging to provide targeted recommendations for potential users.

  The platform's learning curve, help documentation quality, and user support resources require investigation beyond the basic user-friendly designation to provide comprehensive user experience assessment.

  

Conclusion

  This comprehensive Ultima Markets review reveals a broker with solid regulatory foundations and strong safety measures, operating under Maldives FSC oversight with client fund segregation and insurance protection. The broker's offering of over 250 trading instruments across forex, commodities, stocks, and cryptocurrencies positions it as a viable option for traders seeking diversified market access through a single platform.

  Ultima Markets appears most suitable for small to medium-sized investors who prioritize regulatory compliance and fund security while seeking access to multiple asset classes. The user-friendly platform design and multiple account types suggest accommodation for different experience levels, from novice traders to more sophisticated investors.

  The main strengths include comprehensive regulatory protection, extensive instrument selection, and strong fund safety measures. However, significant information gaps regarding specific trading conditions, costs, customer service details, and detailed user feedback limit the ability to provide a complete assessment. Potential clients should conduct thorough due diligence and direct broker consultation to verify all trading terms and conditions before account opening.

Ultima Markets review