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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Not independently verified
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

Ultima Markets

Broker · International

About the company

Legal company nameUltima Markets Ltd · Ultima Markets (Pty) Ltd · Ultima Markets UK Limited
Year founded2016
Headquarters / registered countryAustralia
Websitewww.ultimamarkets.com
Last checked08.10.2026

According to its official website, Ultima Markets is a CFD broker that has operated since 2016; according to its help centre the group is headquartered in Australia, but the group holds no licence in Australia. Ultima Markets Ltd / Ultima Markets (Mauritius) Ltd, which serves international clients, states that it is authorised and regulated by the Financial Services Commission (FSC) of Mauritius as a full-service investment dealer (excluding underwriting) (GB 23201593). Ultima Markets (Pty) Ltd in South Africa is an FSCA-licensed intermediary (FSP 52497); the product supplier is the Mauritius company. Ultima Markets UK Limited in the United Kingdom is stated to be authorised by the FCA (470325), but the site says the .com site is managed by the international entities and is not subject to FCA regulation. On 25.09.2026 the Hong Kong SFC added ultimamarkets.com and its apps to its list of suspicious websites. The company offers more than 1,000 CFDs on forex, indices, shares, precious metals and commodities through Standard, ECN, Standard Cent and ECN Cent accounts on MetaTrader 4, MetaTrader 5, WebTrader, the Ultima Markets App and copy-trading services; the minimum deposit is 50 USD on all accounts and leverage is up to 1:2000. This information is the company's own statement.

Account Details

ACCOUNT TYPESStandard · ECN · Standard Cent · ECN Cent · Swap-free · Demo · PAMM
MIN. DEPOSIT50 USD
PLATFORMSMetaTrader 4 · MetaTrader 5 · WebTrader · Ultima Markets App · Copy Trading · UM Social
PRODUCTS1,000+ CFDs: forex, indices, shares, precious metals and commodities
LEVERAGEUp to 1:2000

Licences and regulation

FSCA (South Africa)

Licence no.FSP 52497
Licence holderUltima Markets (Pty) Ltd
ScopeFinancial services provider (FSP) licence. Listed in the FSCA register under ULTIMA MARKETS (PTY) LTD with status "Authorized". The site states that this company acts only as an intermediary and that the product supplier is Ultima Markets (Mauritius) Ltd.
StatusVerified

FSC (Mauritius)

Licence no.GB 23201593
Licence holderUltima Markets (Mauritius) Ltd
ScopeThe company states that Ultima Markets (Mauritius) Ltd is authorised and regulated by the Mauritius Financial Services Commission (FSC) as a full-service dealer (excluding underwriting) (GB 23201593). The record could not be verified because the Mauritius FSC register could not be read.
StatusPending verification

FCA (United Kingdom)

Licence no.470325
Licence holderUltima Markets UK Limited
ScopeThe company states that Ultima Markets UK Limited is authorised and regulated by the FCA (470325); the site says ultimamarkets.com is not covered by this entity. The record could not be verified because the FCA register could not be read.
StatusPending verification

User complaints

User reports found online are classified by topic. The charts show how reports are distributed.

Period reviewed: February 2024 – October 2026

  • Account / trading conditions: 68
  • Withdrawal / payment: 38
  • Other: 26
  • Customer support: 10
  • Bonus / promotion: 6
  • Identity verification: 5

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on Ultima Markets' Trustpilot page (153) as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the Ultima Markets name are left out. Across the complaints, allegations that profits were removed and accounts frozen on risk-free-arbitrage grounds, rejected and delayed withdrawals, and unpaid IB and affiliate commissions stand out.

Sources and verification history

Official company sourcesultimamarkets.com (French homepage and Internet Archive copies) — About us, Account types, Standard, ECN and Cent account pages, Deposits and withdrawals, footer · helpcenter.ultimarkets.com
Regulator recordsFSCA — Ultima Markets (Pty) Ltd, FSP 52497 (fsca.co.za) · Hong Kong SFC suspicious websites list, 25.09.2026 — Ultima Markets (Mauritius) Ltd, ultimamarkets.com (sfc.hk)
Company registerCompanies House — ULTIMA MARKETS UK LIMITED, company no 06249714, incorporated 16.05.2007
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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