Ultima

Ultima Markets is a fast-growing, multi-asset CFD broker known for its high leverage, flexible account range, and access to over 250 global instruments through the MetaTrader platforms. With an Australia-based group, a growing multi-jurisdiction regulatory footprint, and a strong focus on emerging markets, Ultima Markets has become an increasingly visible name in online forex and CFD trading. In this review, Finance-Solutes.com takes a close look at who Ultima Markets is, how safe and regulated it is, the accounts, platforms, and products it offers, and how you can open an account to start trading.

What is Ultima Markets?

Ultima Markets (Ultima Markets Ltd) is a global forex and CFD broker that has been operating since 2016, with the company group headquartered in Australia and several offices across Asia. The broker serves clients in 170+ countries and has built its reputation on high leverage, fast execution, and a flexible account structure aimed at both beginners and active traders.

Ultima Markets offers access to over 250 instruments, covering forex pairs, precious metals, energies and commodities, indices, cryptocurrencies, and share CFDs on major companies such as Apple and Netflix. It is also a member of the Financial Commission (an independent dispute-resolution body) and was the first CFD broker to join the United Nations Global Compact, reflecting a focus on transparency and governance.

Cashback Ultima Markets via Finance Solutes

When you open your Ultima Markets account through Finance-Solutes.com (Partner Code: Solutes), you can benefit from our exclusive cashback program — helping you reduce your effective trading costs on every eligible trade.

For full cashback details and current rates, contact our support team via WhatsApp: +84 77 9050 998.

How to Open an Ultima Markets Account

Step 1: Open your account through our partner link:
👉 Register with Finance Solutes

Step 2: Complete the registration form with your personal details and choose your preferred account type (Standard, ECN, or a Cent account).

Step 3: Verify your account (KYC) by uploading your ID and proof-of-address documents.

Step 4: Deposit funds (from as little as $50 on Standard and ECN accounts) via bank card, bank wire, e-wallet, or cryptocurrency (BTC/USDT). Local bank transfers in your national currency are also supported in markets such as Vietnam, Thailand, Malaysia, and Indonesia.

Step 5: Message us on WhatsApp (+84 77 9050 998) to confirm your account is linked to Finance Solutes and to activate your cashback.

Is Ultima Markets Safe and Legitimate?

Yes — but with important nuances. Ultima Markets is a legitimate broker that operates through multiple regulated entities across different jurisdictions, and your level of protection depends on which entity your account is opened under:

• FSC Mauritius — the main trading entity, Ultima Markets Ltd, is authorised and regulated by the Financial Services Commission of Mauritius as a Full-Service Investment Dealer (Licence No. GB 23201593).
• CySEC (Cyprus) — Ultima Markets also operates a Cyprus-regulated entity under the EU’s MiFID II framework, which provides the strongest oversight of the group (stricter capital, reporting, and client-protection rules).
• FSCA (South Africa) — the broker is also authorised by South Africa’s Financial Sector Conduct Authority.
• UK FCA — Ultima Markets has secured authorisation from the UK Financial Conduct Authority ahead of its UK launch. Clients onboarded under the FCA-authorised entity are entitled to protections such as the Financial Ombudsman Service and the Financial Services Compensation Scheme (FSCS), subject to eligibility.

Client funds are held in segregated accounts, and the broker follows standard KYC and AML procedures. Ultima Markets is also a member of the Financial Commission, adding an independent layer of dispute resolution. Note that Ultima Markets does not accept US clients.

Trading Platforms

Ultima Markets gives traders a familiar and flexible platform lineup:

• MetaTrader 4 (MT4) — the industry-standard platform, popular for its stability, custom indicators, and huge library of expert advisors (EAs).
• MetaTrader 5 (MT5) — the more advanced multi-asset successor, with additional timeframes, order types, and tools.
• WebTrader — browser-based trading with no download required.
• Proprietary mobile app — available for iOS and Android, letting you monitor markets, manage your account, and open or close positions in real time.
• Copy trading & PAMM — solutions for following experienced traders or allocating funds to money managers.

Execution is fast, with the broker reporting average speeds of under 20 milliseconds.

Markets & Instruments

Through Ultima Markets, you can trade 250+ instruments across seven asset groups:

• Forex — major, minor, and exotic currency pairs
• Precious metals — gold, silver, and more
• Energies & commodities — oil, natural gas, and soft commodities
• Indices — major global stock indices
• Share CFDs — shares in large companies such as Apple and Netflix
• Cryptocurrencies — CFDs on popular digital assets (availability varies by region)

Leverage is available up to 1:2000 (depending on entity, instrument, and jurisdiction), which is high by industry standards.

Account Types

Ultima Markets offers a more layered account structure than many MetaTrader-only brokers:

• Standard — spreads from around 1.0 pip, no commission, minimum deposit from $50. Best for beginners and casual traders who prefer simple spread-only pricing.
• ECN — raw spreads from 0.0 pips plus a $5 commission per round-turn lot, minimum deposit from $50. Suited to active traders and scalpers who want tighter pricing.
• ECN Pro — spreads from 0.0 pips with a lower $3 commission, but a high $20,000 minimum deposit. Aimed at high-volume and professional traders.
• Standard Cent / ECN Cent — cent accounts designed for smaller-position testing, EA validation, and lower nominal exposure in a live environment.
• Demo — a free practice account to test strategies with virtual funds before trading live.

Ultima Markets charges no deposit fees and no inactivity fees. The first wire withdrawal each month is free; additional withdrawals within the same month incur a fee of about $20 (third-party banking charges may still apply). Note that EU accounts opened under the CySEC entity typically require a higher $500 minimum deposit.

Why Trade with Ultima Markets?

• Access to 250+ instruments across forex, metals, energies, indices, shares, and crypto
• A flexible account range — Standard, ECN, ECN Pro, and Cent accounts — with a low $50 minimum to start
• Raw spreads from 0.0 pips on ECN accounts, with reasonable commissions
• MT4, MT5, WebTrader, and a proprietary mobile app, plus copy trading and PAMM
• High leverage up to 1:2000 for traders who want it
• A multi-jurisdiction regulatory footprint including CySEC (EU), FSCA, FSC Mauritius, and recent UK FCA authorisation
• No deposit or inactivity fees, plus 24/7 multi-channel customer support

Things to Consider

• Ultima Markets is a multi-entity broker, and many international retail clients are onboarded under the offshore St Vincent and the Grenadines (SVG) entity, which offers fewer investor protections than the CySEC, FSCA, or FCA entities. Confirm which entity governs your account before depositing funds.
• The strongest protections (EU MiFID II, or UK FCA/FSCS) apply only to clients specifically onboarded under those entities — not automatically to every account.
• Very high leverage (up to 1:2000) significantly increases risk and can amplify losses as well as gains.
• The best pricing (ECN Pro) requires a high $20,000 minimum deposit, which is out of reach for many retail traders.
• Standard-account spreads (from ~1 pip) are reasonable but not the tightest in the market.
• Ultima Markets does not accept US clients, and it is a relatively younger broker (since 2016) compared with legacy names.
• Trading CFDs and Forex always involves a risk of loss.

Summary

Ultima Markets is a fast-growing, multi-asset CFD broker with a flexible account range, high leverage, familiar MetaTrader platforms, and a multi-jurisdiction regulatory footprint spanning CySEC, FSCA, FSC Mauritius, and a recent UK FCA licence. It is a solid choice for traders who value low entry requirements, raw ECN pricing, and platform flexibility — provided they confirm which regulated entity their account sits under. Combined with the exclusive cashback program from Finance-Solutes.com, it becomes an even more cost-effective option, especially for active traders. To get started or learn more, contact our support team via WhatsApp: +84 77 9050 998.

⚠️ Risk Warning: Trading CFDs and Forex involves a significant risk of loss and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage — the majority of retail CFD accounts lose money. Please ensure you fully understand the risks involved and trade responsibly.