Score

5.55 /10
Average

Ultima Markets

Regulated in Cyprus

Straight Through Processing (STP)

MT4 Full License

Regional Brokers

Suspicious Overrun

High potential risk

AA
B

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Comparison

Quantity 5

Exposure

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Website

Score

Regulatory Index6.24

Business Index7.05

Risk Management Index0.00

Software Index9.99

License Index5.23

The WikiFX Score of this broker is reduced because of too many complaints!
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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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WikiFX Risk Alerts 3
Previous Detection : 2025-04-30
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 52497)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

Ultima Markets · Benchmark
Average transaction speed(ms)
619.2
The highest transaction speed(ms)
63 Great
The highest speed of opening positions(ms)
141 Good
The highest speed of closing position(ms)
63 Great
The lowest speed of opening positions(ms)
1998 Poor
The lowest speed of closing position(ms)
1984
Ranking: 40 / 125
Test user 220
Transactions 42,391
Ocuppied margin $3,000,734 USD
Data Source WikiFX Data provide
Updated: 2025-04-28 01:04:00
Pyramid scheme complaint
Expose
Ultima Markets · Company summary
Ultima Markets Overview in 9 Points
Company NameUltima Markets
Registered Country/RegionMauritius
RegulationRegulated by CYSEC and FSCA
Maximum Leverage1:2000
SpreadsFrom 0 pips
CommissionsFrom $0
Minimum Deposit50 USD
Trading PlatformsMT4
Market InstrumentsForex, Precious Metals & Commodities, Indices, and Shares
Customer SupportEmail:contact@ultimamarkets.com
Live chat
Telegram:@ultimamarkets

Ultima Markets Overview

Ultima Markets is a Mauritius-based company regulated by CYSEC (Cyprus Securities and Exchange Commission) and FSCA (Financial Sector Conduct Authority). The broker offers maximum leverage of up to 1:2000, with spreads starting from 0 pips. The minimum deposit required to open an account is 50 USD. Trading is available through the MT4 platform, and the market instruments include Forex, Precious Metals & Commodities, Indices, and Shares.

Ultima Markets Overview

Regulatory Status

Regulatory AgencyCurrent StatusLicense TypeRegulated ByLicense No.
Cyprus Securities and Exchange CommissionRegulatedStraight Through Processing (STP)Cyprus426/23
Financial Sector Conduct AuthorityExceededFinancial Service CorporateSouth Africa52497
Regulatory Status
Regulatory Status

Market Instruments

Ultima Markets offers a diverse range of trading products, including Forex, Precious Metals & Commodities, Indices, and Shares. Traders can gain advantages in the worlds largest and most liquid market with low spreads, high leverage, and opportunities to trade on global events.

Trading ProductAvailable in Ultima Markets
FOREX
Precious Metals & Commodities
Indices
Shares
Market Instruments
Market Instruments

Trading Platform

Ultima Markets provides MT4 platform of desktop and mobile version. The ultra-responsive web interface of MetaTrader 4 (MT4) WebTrader allows you to access your MT4 account from anywhere, anytime. Execute your trades seamlessly through the MT4 WebTrader without downloading or installing anything.

Trading Platform
Trading Platform

Account Types

Ultima Markets offers four account types: Standard, ECN, Standard Cent, and ECN Cent, all providing access to diverse market instruments including currency pairs, indices, commodities, and CFDs. Leverage is up to 2000:1, with spreads ranging from 0.0 to 1.0 pips.

The Standard Account has no commission and a 50 USD minimum deposit, while the ECN Account charges a 5 USD commission. The Cent Accounts satisfy smaller traders with minimal commissions.

All accounts support market execution and are available on MT4, WebTrader, and mobile apps.

Standard AccountECN AccountStandard Cent AccountECN Cent Account
PlatformsMT4, Webtrader, Mobile AppsMT4, Webtrader, Mobile AppsMT4, Webtrader, Mobile AppsMT4, Webtrader, Mobile Apps
SpeedMarket ExecutionMarket ExecutionMarket ExecutionMarket Execution
Products250+ Currency pairs, Indices, Commodities, Share CFDs250+ Currency pairs, Indices, Commodities, Share CFDs60+ Currency pairs and Gold60+ Currency pairs and Gold
LeverageUp to 2000:1Up to 2000:1Up to 2000:1Up to 2000:1
Minimum spread1.0 pips0.0 pips1.0 pips0.0 pips
Commission0 USD5 USD0 USC5 USC
Minimum deposit50 USD50 USD50 USD50 USD

Deposit & Withdrawal

DepositMethodsAcceptedCurrenciesFeesMin AmountMax AmountProcessing Time
MastercardAllFree50 units of accountcurrency1,900 USD1 Hour
VISAAllFree50 units of accountcurrency1,900 USD1 Hour
BitcoinBTCFree50 units of accountcurrency5,000,000 USDT1 Hour
TetherUSDTFree50 units of accountcurrency5,000,000 USDT1 Hour
AlipayRMB/USDFree200 USD20,000 RMB1 Hour
UnionPayRMBFree200 USD49,999 RMB1 Hour
International EFTAllIntermediary bank fee & Transfer fee*50 units of account currency99,999,999.99 USD2-5 Working Days
VNDVND/USDFree300,000,000 VND300,000,000 VND1 Hour
THBTHB/USDFree500,000 THB500,000 THB1 Hour
MYRMYR/USDFree50,000 MYR50,000 MYR1 Hour
IDRIDR/USDFree100,000,000 IDR100,000,000 IDR1 Hour

Deposit Bonus

The initial deposit bonus is 50%, and all subsequent deposits will receive an additional 20% credit bonus. Below is an example of the calculation.

Deposit Bonus
Deposit Bonus

News

NewsUltima Markets | USDJPY Analysis: Clear Direction Ahead

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for April 29th, 2025.Fundamental Analysis of USDJPYUSDJPY Key TakeawaysBOJ may wait and see: The Bank of

WikiFX
2025-04-29 13:49
Ultima Markets | USDJPY Analysis: Clear Direction Ahead

NewsUltima Markets | BTCUSD Analysis: Funds flow into Bitcoin ETFs for two consecutive days

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for April 25, 2025.Fundamental Analysis of BTCUSD BTCUSD Key TakeawaysFederal Reserve rate cut expectati

WikiFX
2025-04-25 13:33
Ultima Markets | BTCUSD Analysis: Funds flow into Bitcoin ETFs for two consecutive days

NewsUltima Markets | USDJPY Analysis: US-Japan Talks are The Key

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for April 24th, 2025.Fundamental Analysis of USDJPYUSDJPY Key TakeawaysUS-Japan trade negotiations: Bess

WikiFX
2025-04-24 15:29
Ultima Markets | USDJPY Analysis: US-Japan Talks are The Key

NewsUltima Markets | XAUUSD Analysis: Safe-Haven Correction on Short-term Recovered Optimism

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for April 23, 2025.Fundamental Analysis of XAUUSDXAUUSD Key TakeawaysStronger-than-expected U.S. corpora

WikiFX
2025-04-24 11:41
Ultima Markets | XAUUSD Analysis: Safe-Haven Correction on Short-term Recovered Optimism

NewsUltima Markets | USDCHF Analysis: safe-haven assets are still the main theme of the market

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCHF for April 22, 2025.Fundamental Analysis of USDJPYUSDCHF Key TakeawaysTrump is unhappy with Powell: Trump

WikiFX
2025-04-22 14:46
Ultima Markets | USDCHF Analysis: safe-haven assets are still the main theme of the market

NewsUltima Markets | ETHUSD Analysis: If the attack fails for a long time, Ethereum may fall

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the ETHUSDfor April 18, 2025.Fundamental Analysis of USDJPY ETHUSD Key TakeawaysECB rate cut: The ECB cut interest

WikiFX
2025-04-21 11:00
Ultima Markets | ETHUSD Analysis: If the attack fails for a long time, Ethereum may fall

NewsUltima Markets | USDJPY Analysis: appreciation trend of the yen has slowed down

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for April 17, 2025.Fundamental Analysis of USDJPYUSDJPY Key TakeawaysUS-Japan tariff negotiations: Japan

WikiFX
2025-04-18 10:43
Ultima Markets | USDJPY Analysis: appreciation trend of the yen has slowed down

NewsUltima Markets | FTSE A50 Analysis: FTSE A50 has bottomed out

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the FTSE A50 for April 16, 2025.Fundamental Analysis of FTSE A50 FTSE A50 Key TakeawaysChina‘s economy is improving

WikiFX
2025-04-17 09:44
Ultima Markets | FTSE A50 Analysis: FTSE A50 has bottomed out

User Reviews

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User comment

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睿泽天下
more than one year
Ultima Markets是一個很棒的金融機構。 我在這裡交易了幾個月,到目前為止一切順利。這個公司受ASIC嚴格監管,所以我的錢很安全!
Ultima Markets是一個很棒的金融機構。 我在這裡交易了幾個月,到目前為止一切順利。這個公司受ASIC嚴格監管,所以我的錢很安全!
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2022-12-20 11:30
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0
1
Amir A
more than one year
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.
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.
Translate to English
2023-12-06 11:49
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0
0
5