Ultima Markets Review

Ultima Markets provides access to financial markets through an offshore regulatory framework, high leverage and a choice of popular trading platforms. This 2025 review of Ultima Markets offers a clear breakdown of their services, focusing on their pricing models, the rules they operate under, and any available user feedback.

Live Spreads: Competitive Costs for the ECN Account

A key part of your trading expenses is the spread, which is the price difference between an asset's immediate buy and sell quote. Ultima Markets addresses this with a couple of main account setups. Their Standard account is structured to have this cost built directly into the price, meaning there is generally no separate commission applied to each trade. In contrast, their ECN account is designed to offer tighter spreads that are closer to the direct market rate, but these come with a set commission fee of $5 per round lot for each transaction.

The live data featured in the table above gives an indication of Ultima Markets' pricing model. It suggests their ECN account is competitively structured when compared against some of the other brokers shown. You can use the orange 'Edit' button to tailor the comparison table to see how Ultima Markets' pricing measures up against other brokers or for different financial instruments.

Regulation: Operating with a Mauritius FSC Licence

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 conducts its operations under a single regulatory licence from the Financial Services Commission (FSC) of Mauritius. It is important for potential clients to be aware that Mauritius is considered an offshore regulatory zone. The intensity of oversight and the enforcement of rules by the FSC are not directly equivalent to those of top-tier regulatory bodies such as the UK's FCA, Australia's ASIC, or CySEC in the European Union.

With that in mind, Ultima Markets does publicly state that they implement key measures to ensure the safety of client funds. They provide standard protections like holding client funds in segregated bank accounts, apart from the company's own operational finances, and they offer enforced negative balance protection. These are important safety features that are also mandated by major onshore regulators, providing a certain level of reassurance for retail clients.

Available Assets: Diverse Range Including Digital Currencies and ETFs

Clients of Ultima Markets have the ability to trade a very broad selection of financial markets, primarily through Contracts for Difference (CFDs). Their product portfolio includes a multitude of foreign exchange pairs, global stock market indices, individual company shares (as CFDs), government bonds, energy commodities, a wide variety of popular cryptocurrencies, precious metals, Exchange Traded Funds (ETFs), and even soft commodities like coffee and sugar.

You can investigate the specific instruments currently provided by using the search tool available above. It is essential to remember that trading CFDs involves speculating on price movements, often with the use of leverage, instead of taking ownership of the underlying assets. This approach has the potential to magnify both profits and losses.

Live Swap Rates: Average Cost for Holding Overnight Positions

When you keep a trading position open past the daily market close, your trading account will be subject to overnight financing adjustments, often referred to as swap rates or rollover fees. These are small daily charges or credits that are applied to your account's balance, and they are based on the specific instrument you are trading and whether you are holding a long (buy) or short (sell) position.

The live swap rate information presented in the table above illustrates Ultima Markets' current costs for holding positions overnight. When set against the other brokers listed, their rates appear to be fairly average. As is common practice throughout the industry, you can expect a 3-day charge to be applied mid-week, typically on a Wednesday, to cover the financing for the weekend period when the markets are not open. The orange 'Edit' button can be used to compare the rates for different financial instruments or against other brokers.

Trading Platforms: MT4, MT5, and Proprietary

Ultima Markets provides its clients with the MetaTrader 4 (MT4) platform and its more advanced successor, MetaTrader 5 (MT5). Both are highly respected choices within the trading community, known for their powerful charting capabilities and extensive support for automated trading systems.

In addition, the broker makes available its own proprietary trading platform, which might offer a different user journey that is closely tied to their specific service offerings. The table above gives a quick comparison of the advantages and disadvantages of each platform, assisting traders in choosing the one that best fits their style.

Deposits/Withdrawals: Digital Currency and E-Wallet Options Available

Clients can fund their Ultima Markets account through a wide range of methods, including bank wire transfers, credit and debit cards, China UnionPay, Alipay, transfers from local currencies such as VND, THB, MYR, and IDR to USD, and several cryptocurrencies, including Bitcoin and Tether (USDT).

While Ultima Markets themselves may not apply fees for these transactions, it is crucial to remember that your own *banking institution might have charges for wire transfers, and **cryptocurrency network fees, often referred to as miner fees, are a standard part of all blockchain transactions. It is always recommended that you check the official Ultima Markets deposit and withdrawal information for the most accurate and current list of supported methods and any relevant limits for your country.

Leverage: Up to 1:2000 Offered

Operating under the Mauritius FSC licence enables Ultima Markets to provide its clients with very high leverage ratios, with a maximum available of up to 1:2000. This level of trading power is considerably higher than what is allowed by more stringent, onshore regulatory authorities.

While this gives traders the ability to control much larger positions with a smaller amount of initial capital, it also significantly increases the financial risk that is involved. The use of such high leverage requires extremely careful and disciplined risk management practices.

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 Cashbackforex.com offers a convenient summary of the broker's key operational facts. This includes details like their 2016 founding date, their various global office locations, the broad range of available account currencies, the languages provided by their customer support team, and a list of countries from which they do not accept new clients, for example, the USA, Cyprus, and Australia.

Promotions: Information on Credit and Loyalty Bonus Programmes

Ultima Markets often puts forward various promotional deals, such as credit bonuses or ongoing loyalty reward schemes. Given their offshore regulatory framework, it is absolutely vital for clients to thoroughly examine the full terms and conditions that are attached to any bonus offer before they choose to accept it. It is advisable to visit the official Ultima Markets website to find information on their current promotions and to read all the fine print very carefully.