Is Ultima Markets safe?

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

I was banned from trading in my account. When I contacted the trading customer service, no one responded or handled it. I submitted a withdrawal but it was never reviewed.

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

1. Real-name exposure! My name: Zhang Chen, MT4 account: 820711. The black platform UItima Markets is exposed, profits are deducted, and customers are responsible for it themselves! (We have been negotiating for more than a week with no results) Specific situation: I just bet on the data market. Before the transaction, I checked with the platform business manager whether they would accept it. They said there was no problem! In the end, profit was directly deducted! The reason is: too much profit is made with high leverage! Isn't it possible that such an excuse will not be given even if you make money! The essence of forex margin is to use high leverage to make big gains with small amounts! Isn't this an excuse for nonsense? 4. Later, it was said that 300 lots of transactions are required to make a profit. It is obvious that the customer is allowed to keep placing orders until the position is liquidated! 5. A friend used to trade on their platform and also bet on the market, but ended up losing money! It is a well-proven black platform. If you lose money, they have nothing to say. If you make a profit, your profit will be deducted! ! ! It can only be exposed to prevent more people from being scammed. 6. They have always emphasized that they are a subsidiary of Wanzhi Platform.

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.

When I encountered the fake UM black platform, they tricked me step by step to click on the link they gave me to register an account, recharge the principal for trading, from 4,000 Hong Kong dollars to 48,000 Hong Kong dollars. Then the website customer service could not be contacted and I could not withdraw the principal. I was trading on MT5. The platform login also showed that authorization could not be obtained, and the recommender also disappeared and could not be contacted.

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

It has been two months since I applied for withdrawal on 18th April, 2023. I was still unable to withdraw.