Ultima Markets

Ultima Markets Review

Ultima Markets, founded in 2016, has grown into a globally recognized broker offering a diverse range of trading instruments. Known for its client-focused approach and commitment to sustainability, Ultima Markets continues to deliver innovative trading solutions and high-quality services to investors worldwide. In this review, we’ll dive into the broker's history, features, trading platforms, and regulation to provide a comprehensive understanding of what makes Ultima Markets a standout choice.

History and Achievements

Ultima Markets has served clients from 172 countries and regions with reliable services and advanced trading systems. Its dedication to enhancing service quality and offering diverse products has earned it a loyal client base and widespread recognition.

In 2024, Ultima Markets achieved significant accolades, including:

• Best Affiliates Brokerage award.

• Best Fund Safety in Global Forex Awards.

• Most Popular Broker at the Singapore Ceremony for Outstanding Assessment.

The broker is also the first CFD broker to join the United Nations Global Compact, showcasing its commitment to ethical financial services and sustainability. Additionally, Ultima Markets' partnerships in La Liga and Bundesliga highlight its unique synergy between football and trading, further elevating its brand presence.

License and Regulation

Ultima Markets is highly regulated and ensures client security through multiple licenses

• Mauritius Financial Services Commission (FSC): Authorized as an Investment Dealer (license No. GB 23201593).

• Cyprus Securities and Exchange Commission (CySEC): Licensed as a Cyprus Investment Firm (license No. 426/23).

• Member of The Financial Commission: Provides independent dispute resolution for Forex and CFD markets.

Clients are further protected by insurance coverage from Willis Towers Watson (WTW), offering claims eligibility up to $1,000,000 per account, adding a significant layer of trust and security.

Tradable Instruments

Ultima Markets offers access to over 250+ CFD financial instruments across a variety of asset classes, including:

• Commodities: Trade in gold, oil, and other precious metals with high liquidity and competitive spreads.

• Currencies: Choose from 80+ currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, enabling traders to explore the forex market comprehensively.

• Cryptocurrencies: Trade popular digital assets with no hidden fees, no requotes, and deep liquidity via the Equinix NY4 server, ensuring fast execution.

• Indices: Access top global indices like NAS100, GER30, HK50, and DJI30, ideal for index traders seeking exposure to major markets.

• Shares: Invest in the world’s most sought-after shares, including Apple, Tesla, Netflix, and many others.

Trading Platforms

Ultima Markets provides state-of-the-art platforms to cater to traders’ varying needs:

1. MetaTrader 4 (MT4)

Widely regarded as the gold standard in trading, MT4 at Ultima Markets offers:

• Access to multiple asset classes, including Forex, shares, indices, commodities, and cryptocurrencies.

• Advanced tools and seamless execution for both new and experienced traders.

• MT4 WebTrader: A browser-based interface for easy access without the need to download or install software.

2. Mobile App

Ultima Markets’ dedicated mobile app offers an unparalleled trading experience, allowing traders to:

• Create, manage, and monitor accounts anywhere, anytime.

• Enjoy real-time updates and quick execution, making it ideal for traders on the go.

Ultima Markets Reviews: Account Types

1. Standard Account

• Platforms: MT4, WebTrader, Mobile Apps

• Execution Speed: Market Execution

• Tradable Products: 250+ currency pairs, indices, commodities, share CFDs

• Leverage: Up to 2000:1

• Minimum Spread: 1.0 pips

• Commission: 0 USD

• Minimum Deposit: 50 USD

2. ECN Account

• Platforms: MT4, WebTrader, Mobile Apps

• Execution Speed: Market Execution

• Tradable Products: 250+ currency pairs, indices, commodities, share CFDs

• Leverage: Up to 2000:1

• Minimum Spread: 0.0 pips

• Commission: 5 USD

• Minimum Deposit: 50 USD
  

3. Standard Cent Account

• Platforms: MT4

• Execution Speed: Market Execution

• Tradable Products: 60+ currency pairs and gold

• Leverage: Up to 2000:1

• Minimum Spread: 1.0 pips

• Commission: 0 USD

• Minimum Deposit: 50 USD

Deposit and Withdrawal

Deposit Methods

• Available Methods: Deposit methods vary depending on the user's registered location. Options include credit/debit cards and cryptocurrency deposits.

  • Credit Card: Login to the Client Portal > "Funds" > "Deposit Funds" > "Credit/Debit Card."

  • Cryptocurrency: Login to the Client Portal > "Deposit Funds" > "Cryptocurrency Deposit."

• Third-Party Deposits: Not allowed due to AML/CFT regulations; deposits must originate from accounts under the same name as the trading account holder.

• Deposit Cancellations: Deposits cannot be canceled once processed. Further operations can be managed via the Client Portal.
  
  

Withdrawal Methods

• Minimum and Maximum Withdrawal Amounts:

  • Minimum withdrawal amount: 40 USD. Requests below this amount are rejected unless the account balance is less than 40 USD (full amount can still be withdrawn).

  • Maximum withdrawal limits vary depending on the payment method.

• Third-Party Withdrawals: Not permitted; all withdrawals must be made to accounts matching the trader's name.

• Withdrawal Cancellations:

  • Can be canceled in the Client Portal before processing by accessing "Funds" > "Transaction History" > "Withdrawals" and clicking "Cancel."

  • Once the withdrawal is processing or completed, it cannot be canceled.

• Weekend and Holiday Requests: Withdrawal requests can be submitted during weekends or holidays, but processing depends on bank operating hours.

• Credit Card Withdrawals:

  • Withdrawals are first processed back to the credit card used for deposit. If the card is invalid or exceeds its withdrawal limit, other methods can be used after submitting necessary documentation via the Client Portal.

  • Documents required: Payment statement and proof of card expiration/invalidation.

Withdrawal Status

• Checking Status: Log in to Client Portal > "Funds" > "Transaction History" > "Withdrawals" to view the status.

• Processing Timeline: Status updates are available in real-time via the portal. Transactions submitted during non-operational bank hours may experience delays.

For assistance with deposits or withdrawals, customers can contact[email protected] for support.

Ultima Markets Promotions

Ultima Markets offers a variety of attractive promotions to enhance the trading experience for its clients. Here are the key promotions currently available:

1. Extra 1% Profit

Traders can earn an additional 1% profit on their trades, boosting their returns without any additional effort. This promotion is ideal for traders who are looking to maximize their trading outcomes.

2. 20% Deposit Bonus

For every deposit made, clients can receive a 20% bonus, providing additional capital to trade with. This promotion helps traders increase their margin and potentially open larger positions, enhancing trading flexibility.

3. 50% Deposit Bonus

For traders seeking a higher reward, Ultima Markets offers a 50% deposit bonus on qualifying deposits. This significant boost in trading capital is perfect for those looking to scale up their trading activities.

4. IB Rewards 2024

As part of its Introducing Broker (IB) Rewards Program for 2024, Ultima Markets offers lucrative rewards and incentives for IBs who refer new clients. This program is designed to recognize and reward partners who contribute to the broker’s growth.

Contact Channels and Customer Support

• Supported Language: 18 Languages

• Social Platform:Facebook,X,Instagram,LinkedIn YouTube

• Website:https://www.ultimamarkets.com/about-us/ 

• App: Ultima Markets

• Customer Service Email Address:[email protected]

• Mon to Fri  7am – 23:59pm 

• Phone, Email, Live Support, Social Media

Conclusion: Should You Choose Ultima Markets?

Ultima Markets is a reliable broker offering diverse instruments, high leverage up to 1:2000, low trading costs, and secure regulation with insurance protection up to $1,000,000 per account. Its advanced platforms, including MT4 and a dedicated mobile app, ensure seamless trading. While its educational resources are limited, the broker's attractive promotions and client-focused approach make it a strong choice for both beginners and experienced traders seeking a flexible and cost-effective trading environment.

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