Broker Review:

Ultima Markets

Ultima Markets is a CFD broker founded in 2016 and headquartered in Mauritius. It offers over 75 forex pairs, indices, stocks, gold, oil, and other commodities for trading. The broker is regulated by the FSC of Mauritius and provides maximum leverage of up to 2000:1.

Pro

Cons

Trading Products

  • Forex: 80+ currency pairs
  • CFDs: Stocks, indices, oil, gold, silver, other commodities
  • Crypto: No specific information

Trading Platform

Ultima Markets uses MetaTrader 4 (MT4) which is accessible via PC, web, and mobile apps. It supports scalping, automated trading (EAs), and trading news.

Spreads and Commissions

Specific information about spreads is not available, but this broker offers ECN accounts at more competitive prices.

Payment Methods

Deposits and withdrawals can be made via:

  • Credit/Debit Card (Visa/MasterCard)
  • Bank Transfer
    Alipay, UnionPay
  • Crypto (Bitcoin, Tether USDT)

Customer Service

Ultima Markets provides customer service via email at [email protected]. There is no further information about other support such as live chat or telephone.

Conclusion

Ultima Markets offers high leverage, ECN accounts, and a wide range of trading instruments. However, it is regulated only in Mauritius, and there is no support for MT5. It is suitable for experienced traders looking for high leverage trading but need more transparency on spreads and fees.

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