Ultima Markets review 2026

Ultima Markets holds licences across several jurisdictions (CySEC, FSC-MU, VFSC). The country you enter at sign-up decides which entity onboards you, and leverage caps, fund protection and compensation differ between them.

To confirm: open the client agreement or your account back office, read the full company name and licence number, then search that number on the regulator's public register. The safety section on this page lists each entity and its lookup link.

The entry accounts start at 50 USD; raw-spread accounts require more. Be realistic though: that minimum is enough to walk through opening, funding and withdrawing, not enough to absorb meaningful market moves. Size your deposit by the risk you can carry, not by the floor.

Four things: the minimum deposit, how spread and commission are combined, the minimum trade size, and which platforms you can use. Commission-free accounts are the easiest to read; raw-spread accounts trade a tighter spread for a per-lot fee. The account section lists each one; your back office terms are final.

Cards, e-wallets such as Skrill and Neteller, local transfers and bank wires, plus a stablecoin rail in some regions. Cards and wallets are usually instant; bank wires take 1–3 business days because of clearing. Availability changes by region and entity — check the funding table above for your region.

Funds return to the channels you deposited with first, and only the excess above your deposits moves elsewhere. That is a standard anti-money-laundering rule across licensed brokers, not a broker-specific restriction.

If the original card is closed you will need extra documentation and the request will take noticeably longer, so it pays to fund with a channel you expect to keep.

All platforms share one account. Use MT4 or MT5 desktop if you run EAs — MT4 has the best third-party compatibility, MT5 has more timeframes and order types. For watching markets and handling funding the in-house app is easier, and WebTrader covers machines where you cannot install software. Always download through the broker's own links.

Three things recur: the bonus itself is usually not directly withdrawable, a volume target has to be met before it unlocks, and some account types (typically raw-spread ones) are excluded. Rules change per entity and per campaign, so read the current terms — especially the volume requirement and the expiry condition — before you opt in.

It depends entirely on your entity. Onshore European entities can trigger an investor compensation scheme under defined conditions; offshore entities generally have none. Check the safety section for the entity you are assigned to rather than assuming every account is covered equally.