Ultima Markets has been a trusted name in the world of online CFD trading since 2016. With a presence in over 172 countries, Ultima Markets is renowned for its robust trading systems and exceptional customer service, available 24/5. Whether you're interested in forex, commodities, indices, or shares, this platform provides a comprehensive suite of tools and resources to help you navigate the financial markets with confidence. Backed by strong regulatory oversight from entities like CySEC and FSC Mauritius, Ultima Markets ensures a secure and efficient trading experience tailored to both novice and seasoned traders alike.
Starting with an Introduction to Ultima Markets
Ultima Markets is a global forex and CFD broker founded in 2016, offering traders access to over 250 financial instruments across various asset classes, including forex, cryptocurrencies, indices, commodities, and stocks. The company operates under the slogan “Ultimate Gateway of Trading” and aims to provide innovative trading solutions to both retail and professional traders.
Headquartered in Mauritius, Ultima Markets Ltd is licensed and regulated by the Financial Services Commission (FSC) of Mauritius under license number GB 23201593. For European Union clients, the company redirects to Ultima Markets Cyprus Ltd, which is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 426/23. The broker also maintains a presence in Australia, Malaysia, Singapore, and Taiwan.
| Key Feature | Details |
|---|---|
| Foundation Year | 2016 |
| Headquarters Country | Mauritius |
| Regulation | FSC (Mauritius), CySEC (Cyprus) |
| Products | Forex, CFDs on Stocks, Indices, Commodities, Metals, Bonds, Cryptocurrencies |
| Platforms | MetaTrader 4, WebTrader, Mobile Apps (iOS and Android) |
| Account Types | Standard, ECN, Pro ECN, Demo |
| Minimum Deposit | $50 (Standard and ECN), $20,000 (Pro ECN) |
| Spreads | From 1.0 pips (Standard account), From 0.0 pips (ECN and Pro ECN accounts) |
| Commissions | Zero commission (Standard account), $5 per lot (ECN account), $3 per lot (Pro ECN account) |
| Max Leverage | Up to 2000:1 (varies by account type and instrument) |
| Education | Webinars, video tutorials, e-books, daily market analysis, economic calendar |
| Research | Daily market analysis, economic calendar, trading calculators |
| Customer Support | 24/5 via live chat, email, and phone in multiple languages |
Trading Platforms
Ultima Markets offers a diverse range of trading platforms to cater to different trader preferences and needs.
- MT4
The cornerstone of their offering is the industry-standard MetaTrader 4 (MT4) platform, renowned for its robust features, customizable interface, and extensive analytical tools. MT4 provides traders with advanced charting capabilities, a wide array of technical indicators, and the ability to use Expert Advisors (EAs) for automated trading.
- WebTrader
For those who prefer browser-based trading without the need for downloads, Ultima Markets provides a WebTrader platform. This solution offers real-time quotes, charts, and one-click trading functionality, making it accessible from any device with an internet connection.
- Mobile Apps
To accommodate the growing demand for mobile trading, Ultima Markets has developed dedicated mobile apps for both iOS and Android devices. These apps allow traders to monitor and manage positions on the go, access real-time market data, and execute trades from anywhere, ensuring that traders never miss an opportunity in the fast-paced financial markets.
| Feature | MetaTrader 4 (MT4) | WebTrader | Mobile Apps |
|---|---|---|---|
| Platform Type | Downloadable software | Browser-based | Mobile application |
| Devices | Windows, Mac | Any device with web browser | iOS, Android |
| Charting Tools | Advanced | Basic to intermediate | Basic |
| Technical Indicators | 30+ built-in, option to add more | Limited selection | Limited selection |
| Automated Trading | Yes (Expert Advisors) | No | No |
| One-Click Trading | Yes | Yes | Yes |
| Real-time Quotes | Yes | Yes | Yes |
| Mobile Access | Via MT4 mobile app | Yes (responsive design) | Native app |
| Customization | Highly customizable | Limited customization | Limited customization |
| User Experience | Professional-grade | User-friendly | Optimized for mobile |
Account Types
Ultima Markets caters to a diverse range of traders by offering multiple account types, each designed to meet specific trading needs and preferences.
Ultima Markets offers a range of account types to cater to different trader needs and experience levels. The broker provides three main account categories: Standard, ECN, and Pro ECN.
- Standard Account:
The Standard Account is designed for beginners and traders who prefer a straightforward trading experience, with a low minimum deposit of $50 USD. This account type features a minimum spread of 1.0 pips and no commission, making it accessible for those just starting their trading journey.
- ECN Account:
Moving up the ladder, the ECN Account is tailored for more experienced traders seeking tighter spreads and faster execution. It also has a minimum deposit of $50 USD but offers a 0.0 pips minimum spread with a commission of $5 USD per lot. This account type is ideal for high-frequency traders who benefit from direct market access.
- ECN Pro Account:
For professional traders and high-volume investors, Ultima Markets offers the Pro ECN Account. This premium account requires a substantial minimum deposit of $20,000 USD, but in return, it provides institutional-grade liquidity, the lowest commission at $3 USD per lot, and priority customer support.
| Feature | Standard Account | ECN Account | Pro ECN Account |
|---|---|---|---|
| Minimum Deposit | $50 USD | $50 USD | $20,000 USD |
| Leverage | Up to 2000:1 | Up to 2000:1 | Up to 2000:1 |
| Minimum Spread | 1.0 pips | 0.0 pips | 0.0 pips |
| Commission | $0 USD | $5 USD per lot | $3 USD per lot |
| Execution Type | Instant | Market | Market |
| Ideal For | Beginners | Experienced Traders | Professional Traders |
Deposits and Withdrawals
Ultima Markets offers a variety of deposit and withdrawal options to suffice the needs of traders from different regions.
For deposits, the broker accepts multiple methods including bank wire transfers, credit/debit cards, e-wallets, and cryptocurrencies. The minimum deposit amount is generally 50 units of the account currency, with some methods like bank transfers allowing for larger deposits. Most deposit methods are processed instantly and free of charge, though bank transfers may incur fees and take 2-5 business days to process.
For withdrawals, Ultima Markets provides similar options, with a minimum withdrawal amount of 40 USD. The first withdrawal of each month is typically free, while subsequent withdrawals may incur a fee of $20. Processing times for withdrawals range from 0-2 business days for cryptocurrencies to 2-5 business days for bank transfers.
| Method | Deposit Min | Deposit Max | Withdrawal Min | Fees | Processing Time |
|---|---|---|---|---|---|
| Bank Wire | 50 USD | 99,999,999.99 USD | 40 USD | Varies* | 2-5 business days |
| Credit/Debit Card | 50 USD | 1,900 USD | 40 USD | Free | 1 hour (deposit), 2-5 days (withdrawal) |
| Cryptocurrencies (BTC/USDT) | 50 USD | 5,000,000 USDT | 40 USD | Free | 1 hour (deposit), 0-2 days (withdrawal) |
| E-wallets | 50 USD | Varies | 40 USD | Free | 1 hour (deposit), 2-5 days (withdrawal) |
| Local Payment Methods | Varies | Varies | Varies | Free | 1 hour (deposit), 1-2 days (withdrawal) |
Asset Classes
Ultima Markets offers a diverse range of asset classes, providing traders with ample opportunities to diversify their portfolios and access various financial markets.
The broker's offerings include forex, cryptocurrencies, indices, commodities, metals, and stocks.
In the forex market, Ultima Markets provides over 60 currency pairs, encompassing major, minor, and exotic combinations.
For cryptocurrency enthusiasts, the platform offers more than 40 crypto pairs, including popular coins like Bitcoin, Ethereum, and emerging altcoins.
Traders interested in broader market performance can access 17 index CFDs, representing major global stock markets and specialized indices like the US Dollar Index and Volatility Index.
Ultima Markets also caters to commodity traders with a selection of metal CFDs (including gold, silver, and platinum), energy CFDs (such as crude oil and natural gas), and soft commodity CFDs (like cocoa, coffee, and wheat).
Additionally, the broker offers 7 bond CFDs based on European government securities and over 70 stock CFDs from US and EU companies, allowing traders to speculate on individual company performances.
| Asset Class | Number of Instruments | Examples |
|---|---|---|
| Forex | 60+ | Major, minor, and exotic currency pairs |
| Cryptocurrencies | 40+ | Bitcoin, Ethereum, Litecoin, Cardano |
| Indices | 17 | US500, UK100, GER30, US Dollar Index |
| Metals | 5 | Gold, Silver, Platinum, Palladium, Copper |
| Energy | 4 | Crude Oil (WTI, Brent), Gasoil, Natural Gas |
| Soft Commodities | 7 | Cocoa, Coffee, Cotton, Orange Juice, Soybean |
| Bonds | 7 | European (mainly German) government securities |
| Stocks | 70+ | US and EU company shares |
Answering Frequent Queries
What are the minimum deposit requirements?
The minimum deposit for Standard and ECN accounts is $50 USD, while the Pro ECN account requires a minimum deposit of $20,000 USD.
What leverage does Ultima Markets offer?
Ultima Markets offers leverage up to 2000:1, though this may vary depending on the account type and regulatory restrictions.
Does Ultima Markets offer a demo account?
Yes, Ultima Markets provides a demo account for traders to practice with virtual funds.
How can I contact Ultima Markets customer support?
Customer support is available 24/5 via live chat, email, and phone.
Does Ultima Markets offer educational resources?
Yes, Ultima Markets provides various educational resources including webinars, video tutorials, e-books, and daily market analysis.
What deposit and withdrawal methods are available?
Ultima Markets accepts deposits and withdrawals via bank wire transfer, credit/debit cards, e-wallets, and cryptocurrencies. The first withdrawal of each month is typically free.
Last Say
Ultima Markets has established itself as a formidable player in the online trading industry since its inception in 2016. With a comprehensive selection of over 250 trading instruments, including currency pairs, commodities, indices, and cryptocurrencies, the platform caters to a diverse clientele. Its commitment to customer service is evident through its 24/5 support and multilingual assistance, ensuring traders from around the world can access help when needed. The use of advanced technology, such as the Equinix NY4 data center, guarantees fast trade execution and reliability. As Ultima Markets continues to expand its offerings and enhance its services, it remains a top choice for traders seeking a robust and versatile trading environment.
