Reviewed by Adam Marlin 01 August 2024

Trading Forex and CFDs carries the risk of losing substantially more than your initial investment and should only be traded with money you can afford to lose. You do not own or have any rights to the assets that underlying the derivatives (such as the right to receive dividend payments). Ensure you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please consider our legal documents and ensure that you fully understand the risks before you make any trading decisions.

Overal Rating ★★★★★

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Key Highlights

  • Comprehensive Range of Tradable Instruments
  • Advanced Trading Platforms and Tools
  • Strong Regulatory Oversight and Security

General Info

Minimum Deposit $50
Lowest Spread 1
Credit/debit card deposit Yes
Free deposit and withdrawal Yes

Trust ★★★★★

Ultima Markets is regulated by the Financial Services Commission (FSC) of Mauritius and operates under license number GB 23201593. They are also affiliated with the Cyprus Securities and Exchange Commission (CySEC) for European clients, ensuring compliance with EU regulations. Additionally, Ultima Markets provides client fund protection through insurance coverage up to USD 1,000,000 per account, backed by Willis Towers Watson. They are a member of The Financial Commission, which offers dispute resolution in Forex and CFD markets​

Desktop ★★★★

Ultima Markets offers a comprehensive desktop trading experience through the MetaTrader 4 (MT4) WebTrader. This platform provides advanced trading capabilities without the need for downloads, supporting trading across various financial markets including forex, indices, commodities, and cryptocurrencies. The web-based interface is designed for accessibility, security, and ease of use, allowing traders to monitor their trading history, open and close positions, and use advanced risk management tools seamlessly from any desktop browser​

Mobile ★★★★

The Ultima Markets mobile app ensures traders can manage their accounts and execute trades on the go. The app supports multiple languages and offers a user-friendly interface, making it accessible for both novice and experienced traders. It provides real-time market data, advanced charting tools, and the ability to trade various assets directly from a smartphone or tablet, ensuring a flexible and robust mobile trading experience​

Support ★★★★★

Ultima Markets offers robust customer support options, including live chat, email, and phone support. Their support team is available 24/5 to assist clients with any inquiries or issues. Additionally, their website features a comprehensive FAQ section and various resources to help traders navigate the platform and improve their trading strategies​

Education ★★★★★

Ultima Markets provides a wealth of educational resources aimed at enhancing traders' knowledge and skills. These resources include market news, analysis, economic calendars, and trading calculators. The platform also offers a demo account for beginners to practice trading without financial risk, as well as various account types to cater to different levels of trading experience​.

Fees ★★★★★

Ultima Markets emphasizes low and transparent fees across their trading services. They offer competitive spreads and leverage, with no hidden fees. The exact fee structure can vary depending on the account type and trading instrument, but they ensure clarity and fairness in their pricing, aiming to provide cost-effective trading solutions for their clients.