Ultima Markets Review

Operating since 2016, Ultima Markets offers high leverage and access via the popular MT4 and MT5 platforms alongside their own proprietary software. This Ultima Markets 2025 review breaks down what you need to know; their main trading costs, the feedback from users, and we'll carefully examine their offshore regulatory status.

Live Spreads: Understanding the Costs

When you trade, there's a small difference between the buy price and the sell price, and that is the spread, a key trading cost. Ultima Markets gives you choices: their Standard account includes this cost in the price you see (no extra commission), while their ECN account aims for tighter spreads but charges a fixed commission ($5 per round lot) on top.

Our live data, taken from real accounts, suggests the ECN account offers more competitive pricing than the Standard one, promoting the competitiveness of the broker's accounts against some similar accounts shown. If you'd like to compare Ultima markets spreads on other instruments, or against other brokers, please use the orange 'Edit' button for direct comparisons.

Currently, user feedback is still limited, and a precise consensus cannot be formulated accurately. The few reviews that FxVerify gathered so far are mostly positive, mentioning things like fast trade execution, quick withdrawals, responsive support, and liking the high leverage offered. However, with such limited feedback, it's hard to get a reliable sense of typical client experiences. More independent reviews are needed, and we'll update this section accordingly in due time.

Ultima Markets Overall rating

	Rating	Weight
User Rating	4.5 (5 reviews)	3
Popularity	3.5	3
Regulation	5.0	2
Pricing rating	4.4	1
Features	Not rated	1
Customer Support	Not rated	1

The overall ratings for Ultima Markets on FxVerify show promise, especially in the pricing category where their ECN account performs well according to live data. Established in 2016, web traffic indicates they are expanding their reach globally. The broker provides access to high leverage, a feature sought by some traders, operating under their Mauritius FSC license.

Regulation: Offshore License (Mauritius FSC)

Company	Licenses & Regulations	Segregated Client Money	Deposit Compensation Scheme	Negative Balance Protection	Rebates	Max. Leverage Retail Clients
ULTIMA MARKETS UK LIMITED	United Kingdom - UK FCA		up to £85,000			30 : 1
Ultima Markets	Mauritius - MU FSC					2000 : 1

Ultima Markets operates under a single licence from the Financial Services Commission (FSC) of Mauritius. It's vital to understand that Mauritius is considered an offshore regulatory jurisdiction. Oversight from the FSC is not comparable in stringency to regulators like the FCA (UK), ASIC (Australia), or CySEC (EU).

Nevertheless, Ultima Markets takes client money safety at heart. Certain standard protections like guaranteed segregation of client funds and enforced negative balance, the same measures imposed by tier-1 regulators, are also offered to retail clients by this entity.

Available Assets: Broad Range including Crypto & ETFs

Ultima Markets provides access to a wide variety of markets, primarily through CFDs. This includes several forex pairs, global stock indices, individual shares (CFDs), bonds, energies, various cryptocurrencies, metals, ETFs, and even soft commodities like coffee and sugar.

Explore the specific instruments using the search tool above. Remember, trading CFDs involves speculating on price changes without owning the underlying asset and with leverage, amplifying both potential gains and losses.

Live Swap Rates: Competitive vs Peers

If you hold a trade open past the daily session's closing time (around 5 PM New York time), your trade will be subject to swap fees, or rollover rates, as often mentioned. Swap fees are small daily charges or credits, taken from your account balance or credited back, based on the instrument and whether you are buying or selling.

The live swap data in the table above shows Ultima Markets' current rates, which appear fairly average compared to others listed. As usual, expect triple swaps to be applied mid-week (typically Wednesday) for weekend holding. Use the orange 'Edit' button to compare specific instruments or brokers.

Trading Platforms: MT4, MT5, and Proprietary

Ultima Markets offers the industry-standard MetaTrader 4 (MT4) and its successor MetaTrader 5 (MT5), both popular choices known for their charting and automation capabilities. The broker also provides their proprietary trading platform, which could offer a different user experience integrated with their specific services. The table above provides a quick comparison of the pros and cons of each platform.

Deposits/Withdrawals: Crypto & E-Wallets Featured

Ultima Markets supports funding via bank transfer, credit and debit cards, China UnionPay, Alipay, transfers from VND, THB, MYR and IDR to USD and a couple of cryptos, such as Bitcoin and Tether (USDT).

While Ultima Markets may not charge fees themselves, remember that your bank might charge for wires, and crypto network fees (miner fees) always apply. Check Ultima Markets' deposit/withdrawal page for the exact list of supported methods for your region.
Please note: *Intermediary bank fees may apply to wires. **Crypto network fees are paid by the sender.

Leverage: 1:2000 High Leverage Available

Operating under the Mauritius FSC licence allows Ultima Markets to offer very high leverage ratios, up to 1:2000. This level of leverage is significantly higher than what's permitted by stricter regulators. While it allows controlling large positions with less capital, it dramatically increases the risk of substantial losses and requires extremely careful risk management.

Ultima Markets Profile

24 hour support

Segregated Accounts

Islamic Accounts

Accepts Canadian clients

Accepts Japanese Clients

Non expiring demo

Trading API

Cent accounts

Negative balance protection

Social trading

Regulatory deposit insurance

Trailing stops

Bonuses

Interest on margin

Fixed spread

Variable spread

The Ultima Markets profile on FxVerify gives a snapshot about this CFDs broker: founded in 2016, lists its multiple office locations, the many account currencies available, including all major currencies such as USD, EUR, GBP, AUD, etc., the customer support languages, and specifies prohibited countries like the US, Cyprus and Australia.

Promotions: Credit/Loyalty Bonuses Available

Ultima Markets often advertises promotions like credit bonuses or loyalty bonuses. Given their offshore regulatory status, it's absolutely crucial to scrutinise the terms and conditions attached to any bonus offer before accepting it. Understand the requirements for withdrawal of the bonus or any profits made using it. Check the official Ultima Markets website for their current promotions and read the fine print carefully.