Ultima Markets

Overview

Ultima Markets is an online trading broker established in 2016 that gives its clients access to global financial markets through Forex and CFD instruments. As a multi-asset broker, Ultima Markets provides a variety of trading tools, accounts types, and educational support, making the broker suitable for both beginner and experienced traders looking to trade on a wide range of products. Ultima Markets operates as a technology-oriented business and supports clients across many geographic areas.

Trading Instruments

Ultima Markets offers a variety of CFD-based trading instruments that allow traders to speculate on price movements in an asset without owning the asset being traded. Ultima Markets offers access to more than 250 financial instruments on their trading platform, including:

• Forex currency pairs (major, minor, and exotic)

• Commodities (gold, oil, other metals)

• Global indices (major international indices)

• CFD shares of major companies.

These products allow for traders to trade on multiple financial markets through one account.

Trade Platforms & Technology

Ultima Markets offers several trading platforms to meet the needs of their clients, with an emphasis on flexibility and accessibility. Ultima Markets offers the following:

• MetaTrader 4

• MetaTrader 5

• Web Trader

• Proprietary mobile trading application (UM App)

All of the above platforms offer a full range of standard trading tools including real-time pricing, charting, technical indicators, and built-in order management functions.In order to improve your trading performance, Ultima Markets focus on quick execution and low-latency infrastructure.

Account Types & Trading Conditions

Ultima Markets provides a variety of account types to meet different trading requirements. These are typically:

• A Standard Account

• An ECN Account

• A Cent Account

• A Demo Account

• A PAMM Account for Managed Trading

Ultima Markets boasts about providing good market conditions including narrow spread, high leverages (up to 1:2000) in some areas, and rapid order execution. Conditions for Trading, including Spread, Commission Fees, and Security Deposit Requirements will differ based on your Account Type and the country you are located within.

Regulation And Company Structure

Ultima Markets operates as several entities throughout several different parts of the world, including:

• Ultima Markets UK Ltd, (the FCA is the applicable regulation)

• Ultima Markets (the FSC of Mauritius is the applicable regulation)

• Ultima Markets ^EU OÜ (Estonia- primarily registered to provide operational and payment services)

You must take into account that all entities operating internationally do not have top-tier regulators. Those clients who open Accounts out of an offshore area may not gain benefits from other clients that have opened their Accounts with FCA regulated operations. Also, protections like the FSCS coverage or negative balance protection may not be provided in every case.

Education & Other Aspects

Ultima Markets provides various kinds of educational and analytic tools for traders, which includes:

• Market Analysis & Financial News

• Trading Calculators & Economic Calendar

• Use of Broad Educational Tools through ‘Academy’

• Integration with Third-Party Analytic Tools

Ultima Markets also highlights other types of services such as VPS hosting and copy trading based on your Account Type and where you live.

Client Support

Typically, the broker's clients will have support through:

• E-Mail and Live Chat

• Multi-Lingual Support

• Account Managers for larger clients (Higher Tiers)

Availability for support will vary by area and account level.

Benefits & Drawbacks

Benefits:

• Many Tradeable Instruments (over 250)

• Available Trading Platforms (MT4/MT5 & Proprietary Platforms)

• Many Types of Accounts (Multiple Account Types - Some Account Types are better suited for Different Trading Styles)

• Numerous Educational and Analytic Tools.

Drawbacks:

• No Uniform Regulation Across International Entities/Jurisdictions

• Offshore Registration Could Decrease the Amount of Protection provided to Investors

• High Leverage Could Increase the Risk of Trading Transactions

Risk Disclosure

Investing in Foreign Currency (Forex), as well as Contracts for Differences (CFDs), is an extremely high-risk investment and is not for all investors. With the investment of leveraged instruments, you stand to gain profit(s) as well as loss(es) of your invested funds; therefore, as part of your education, you need to fully understand the risk to which you will be exposed as well ensuring that the manner in which you are trading is consistent with your financial situation and the level of experience you have.

Conclusion

Ultima Markets is a Multi-Asset/CFD broker that provides the information for you to make an educated decision as to which level of service or price you choose to enter a new investment. Ultima Markets also provides access to various tools and resources to assist you in achieving the desired level of success while trading in any financial markets. The level of services and regulatory compliance provided by each of the multiple entities that operate worldwide may impact your protection as an investor. Therefore, you should research the applicable regulatory body and perform your due diligence prior to opening an account with any online broker.