Broker comparison

eToro vs Ultima Markets Comparison

Compare trading conditions, commissions and platforms of Forex brokers eToro and Ultima Markets. Find out which broker is best for you.

VS summaryScores and ranking at a glance

eToro

Rating: 3.8/5
Rank: #57

Trading CFDs carries high risks. You may lose all invested funds

Ultima MarketsHigher ranked

Rating: 4.4/5
Rank: #20

Trading CFDs carries high risks. You may lose all invested funds

Conditions, fees and platforms compared
Ratings and ranking positions checked
Based on our review methodology

How we compare brokers

UpdatedSep 24, 2026

Mykola Zavarov

Author

Andriy Bondarenko

Editor

Author · Editor

Author: Mykola Zavarov
Editor: Andriy Bondarenko

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - eToro or Ultima Markets?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

Ultima Markets ranks higher in the editorial ranking.

eToro: Rating: 3.8/5Rank: #57
Ultima Markets: Rating: 4.4/5Rank: #20

eToro

Minimum deposit · USD: 200 USD
Different platforms: eToro
Different markets: None listed
Cent account: No

Ultima Markets

Minimum deposit · USD: 50 USD
Different platforms: MetaTrader 4
WebTrader
Different markets: Bonds
Cent account: Yes

Comparison Table of eToro and Ultima Markets

Differences only

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 7 of 7 parametersShowing 7 of 7 parameters

Overview: comparison of eToro, Ultima Markets
Broker	eToro	Ultima Markets
Foundation Year	2006	2016
Regulated in Countries	Seychelles, United Kingdom, Cyprus, Australia, United States	Mauritius, Cyprus
Minimum Deposit	200 USD	50 USD
Spread	from 1 points	from 0 points
Max Leverage	1:30	1:2000
Trading Assets (CFDs)	Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency	Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms	eToro	MetaTrader 4 WebTrader
Review	eToro Review	Ultima Markets Review

eToro Review

Spread fromEURUSD1pips

Trading Assets

Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency

Trading Platforms

eToro

3.8/5

RegisterTrading CFDs carries high risks. You may lose all invested funds

About eToro

Founded in 2006

Countries of registration:

Regulators:

3.8/5

More Details

RegisterTrading CFDs carries high risks. You may lose all invested funds

Countries of registration:

Regulators:

Trading Assets

Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency

Trading Platforms

eToro

compare eToro trading accounts

eToro stands out from other brokers due to its unique combination of trading services and social features, making it particularly attractive to traders interested in innovative approaches to investing. Narrow spreads and the ability to buy securities in fractions simplify access to different assets, while the social network allows users to share strategies and copy trades of successful traders, which is a big plus for beginners and those looking for new investment ideas. The simple and intuitive interface makes the platform accessible even for those who are just starting their trading journey.

eToro is best suited for beginner traders who are looking to capitalize on the social aspects of trading and do not require complex individual trading account settings. The platform is also ideal for those looking for an active community to share ideas and strategies.

Pros and Cons of eToro

Pros

A social network for traders.
Good selection of trading instruments.
Fractional shares purchasing.
Narrow spreads.

Cons

Only one trading account is available.
eToro has its own trading platform, but there is no alternative to it.
Poor customer support performance.
Delays and hidden fees during fund withdrawal.

eToro is in the top 10 of the following ratings:

Copy Trading Platforms

Ultima Markets Review

Spread fromEURUSD0pips

Trading Assets

Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency

Trading Platforms

MetaTrader 4 WebTrader

4.4/5

RegisterTrading CFDs carries high risks. You may lose all invested funds

About Ultima Markets

Founded in 2016

Countries of registration:

Regulators:

4.4/5

More Details

RegisterTrading CFDs carries high risks. You may lose all invested funds

Countries of registration:

Regulators:

Trading Assets

Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency

Trading Platforms

MetaTrader 4WebTrader

compare Ultima Markets trading accounts

Ultima Markets is a broker offering a wide range of trading instruments and platforms, making it attractive to various categories of traders. With low trading commissions, user-friendly platforms, and extensive analytical materials, the broker is suitable for experienced traders and those who use automated strategies. However, due to the lack of educational materials, Ultima Markets is less suitable for beginner traders, but it is an excellent choice for anyone who does not require training.

Pros and Cons of Ultima Markets

Pros

Low trading commissions.
Coverage of all major trading asset markets.
Extensive analytical materials and tools.
Efficient technical support.

Cons

Lack of educational materials.
No phone support.

Ultima Markets is in the top 10 of the following ratings:

Low Spread Forex Brokers

Reliability

Differences only

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 4 of 4 parametersShowing 4 of 4 parameters

Reliability: comparison of eToro, Ultima Markets
Broker	eToro	Ultima Markets
Reliability	5/5	4.4/5
Foundation Year	2006	2016
Regulated in Countries	Seychelles, United Kingdom, Cyprus, Australia, United States	Mauritius, Cyprus
Regulators

eToro

eToro - надежный брокер с регулированием в нескольких странах.

Pros

Регулируется уважаемыми организациями (CySEC, FCA, ASIC, SEC).
Глобальное присутствие и разнообразие рынков.
Лицензии на разные виды деятельности (включая криптовалюту в США).

Ultima Markets

Ultima Markets demonstrates high reliability due to multi-tier regulation and client protection through insurance coverage. This makes the broker a safe and trusted partner for traders.

Pros

Regulation by FSC and CySEC.
Membership in The Financial Commission.
Insurance coverage up to $1,000,000 USD.

Cons

Lack of licenses from stricter regulators such as the FCA or ASIC.

Account Opening

Differences only

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 2 of 2 parametersShowing 2 of 2 parameters

Account Opening: comparison of eToro, Ultima Markets
Broker	eToro	Ultima Markets
Account Opening	4/5	5/5
Minimum Deposit	200 USD	50 USD

eToro

Открытие счета в eToro является удобным и простым процессом.

Pros

Возможность быстрой регистрации через Google.
Понятная и прозрачная процедура верификации.

Cons

Высокий минимальный депозит для некоторых стран.
Верификация может занять до 3 дней.

Ultima Markets

The account opening process at Ultima Markets is easy, convenient, and quick, making it attractive for new clients.

Pros

Simple and fast registration.
Accessible minimum deposit.
Verification using standard documents.

Account Types

Differences only

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 9 of 9 parametersShowing 9 of 9 parameters

Account Types: comparison of eToro, Ultima Markets
Broker	eToro	Ultima Markets
Account Types	2.8/5	4.7/5
Trading Accounts	—	Standard ECN Standard Cent Account ECN Cent Account
Minimum Deposit	200 USD	50 USD
Spread	from 1 points	from 0 points
Max Leverage	1:30	1:2000
Trading Assets (CFDs)	Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency	Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms	eToro	MetaTrader 4 WebTrader
Demo Account	Yes	Yes
Swap-free Account	Yes	Yes

eToro

eToro предлагает базовый набор типов счетов, что подойдет для большинства трейдеров, но может не удовлетворить специфические потребности некоторых категорий.

Pros

Присутствие демо-счета для обучения.
Исламский счет для соблюдения принципов Шариата.
Механизм копирования сделок.

Cons

Нет счетов с фиксированным спредом.
Отсутствие центовых счетов.
Не предлагаются ECN или STP счета для прямого доступа к межбанковскому рынку.

Ultima Markets

Ultima Markets offers a variety of accounts that meet the needs of different traders, including standard, ECN, cent, and Islamic accounts. However, additional services could make their offering even better.

Pros

A variety of accounts for different categories of traders.
Islamic accounts available.
Own copy trading platform.

Cons

Lack of fixed spread accounts.

Commissions

Differences only

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 4 of 4 parametersShowing 4 of 4 parameters

Commissions: comparison of eToro, Ultima Markets
Broker	eToro	Ultima Markets
Commissions	3.5/5	5/5
Spread	from 1 points	from 0 points
Average Spread (EURUSD)	—	1
Commission	No data	per 1 lot$2.50

eToro

Для торговли eToro предлагает выгодные условия, но трейдерам также следует учитывать не торговые комиссии.

Pros

Узкие спреды.

Cons

Ежемесячная плата за неактивность.
Есть комиссия за вывод средств.
Невыгодные условия по сравнению с другими брокерами и криптобиржами.

Ultima Markets

Ultima Markets has low trading commissions, making it attractive for traders. The absence of inactivity fees and withdrawal fees adds to the advantages.

Pros

Low commissions on ECN account ($5 per lot).
Tight spreads on standard account.
No inactivity fees and withdrawal fees.

Deposit and Withdrawal

Differences only

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 2 of 2 parametersShowing 2 of 2 parameters

Deposit and Withdrawal: comparison of eToro, Ultima Markets
Broker	eToro	Ultima Markets
Rating	3.5/5	4.5/5
Account Funding Methods	PayPal Neteller Skrill Klarna Rapid Transfer Sofort Swift Visa Mastercard Trustly POLi	Alipay Bank Transfer UnionPay Visa Mastercard Online banking

eToro

eToro предлагает разнообразные способы пополнения и вывода, но включает комиссии за некоторые операции и валютные конвертации.

Pros

Много платежных систем для пополнения и вывода средств.
Отсутствие комиссии за пополнение для многих платежных систем.

Cons

Комиссия за вывод средств составляет 5 USD.
Дополнительные затраты на конвертацию валют.

Ultima Markets

Ultima Markets offers convenient deposit and withdrawal methods with minimal costs and fast processing time, making the broker attractive for traders.

Pros

Wide range of deposit and withdrawal methods.
No withdrawal fees.

Cons

Withdrawal time up to 5 business days.

Markets and Products

Differences only

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 10 of 10 parametersShowing 10 of 10 parameters

Markets and Products: comparison of eToro, Ultima Markets
Broker	eToro	Ultima Markets
Markets and Products	4.5/5	4.5/5
Forex	47	60
Precious Metals	7	9
Energy Carriers	2	7
Soft Commodities	4	7
Indices	13	28
Stocks	2500	86
ETF	250	6
Cryptocurrency	112	47
Bonds	-	7

eToro

eToro предлагает доступ к широкому спектру финансовых инструментов, включая акции, ETF, форекс, CFD и криптовалюты, но не обеспечивает полную прозрачность для некоторых операций.

Ultima Markets

Ultima Markets provides a wide selection of markets and products, satisfying the needs of most traders.

Pros

Wide assortment of CFDs.
Coverage of all major markets.

Cons

Average number of stock CFDs compared to competitors.

Trading Platforms

Differences only

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 2 of 2 parametersShowing 2 of 2 parameters

Trading Platforms: comparison of eToro, Ultima Markets
Broker	eToro	Ultima Markets
Rating	3.5/5	4/5
Trading Platforms	eToro	MetaTrader 4 WebTrader

eToro

Платформы eToro обладают удобным интерфейсом и базовыми торговыми функциями, но имеют ограничения в аналитических инструментах.

Pros

Платформы доступны в веб-версии и как мобильное приложение.
Интегрированные функции управления счетом и торговли.
Возможность копирования сделок.

Cons

Ограниченный набор индикаторов.
Возможные расхождения котировок.
Отсутствие дополнительных торговых платформ.

Ultima Markets

Ultima Markets' trading platforms are user-friendly and functional, making them an excellent choice for most traders.

Pros

Support for MT4 with extensive functionality.
Intuitive mobile application.

Cons

Limited choice of platforms.

Analytics

Differences only

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 1 of 1 parametersShowing 1 of 1 parameters

Analytics: comparison of eToro, Ultima Markets
Broker	eToro	Ultima Markets
Rating	4/5	4/5

eToro

Брокер предлагает удобные инструменты технического анализа и торговые идеи.

Pros

Интерактивный график.
Торговые идеи.

Cons

Низкое качество новостного потока.
Ограниченные рекомендации аналитиков.

Ultima Markets

Ultima Markets possesses excellent analytics and tools, aiding traders in making informed decisions. However, the lack of unique analytical tools and limited number of trading signals slightly lower the rating.

Pros

Up-to-date market news.
Expert analysis of popular instruments.
Economic calendar and trading calculators.

Cons

Lack of unique analytical tools.
Limited number of specialized reviews.

Education

Differences only

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 1 of 1 parametersShowing 1 of 1 parameters

Education: comparison of eToro, Ultima Markets
Broker	eToro	Ultima Markets
Rating	4.8/5	1/5

eToro

eToro предлагает широкий набор обучающих материалов, но в основном на английском языке.

Pros

Широкий спектр обучающих материалов.
Ежедневный обзор рынка.
Подробное руководство по финтех-индустрии.

Cons

Большинство материалов доступны только на английском языке.

Ultima Markets

Ultima Markets offers limited educational materials, which is insufficient for beginner traders. To improve the level of education, webinars, video tutorials, and articles should be added.

Pros

Unlimited demo account.

Cons

Absence of webinars and video tutorials.
Lack of articles and podcasts.

Customer Support

Differences only

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 4 of 4 parametersShowing 4 of 4 parameters

Customer Support: comparison of eToro, Ultima Markets
Broker	eToro	Ultima Markets
Rating	2/5	4.5/5
Email Support	customerservice@etoro.com	contact@ultimamarkets.com info@ultimamarkets.com
Hotline Phones	1800778439	—
Social Media	LinkedIn Twitter YouTube	Telegram LinkedIn Facebook Twitter Instagram

eToro

eToro предлагает несколько каналов связи с поддержкой, что является плюсом. Однако отзывы пользователей указывают на отсутствие оперативности и эффективности в работе службы поддержки.

Ultima Markets

Ultima Markets' customer support demonstrates high efficiency and professionalism, providing prompt assistance through various communication channels.

Pros

24/7 support.
High response speed.
Variety of communication channels (email, chat, Telegram).

Cons

No phone support.

Comparisons of eToro and Ultima Markets with other brokers

Conclusion

When choosing between Ultima Markets and eToro, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

Open an account with Ultima Markets Read Ultima Markets review

FAQ

Which broker is better: eToro or Ultima Markets?

Ultima Markets ranks higher than eToro in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: eToro or Ultima Markets?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — eToro or Ultima Markets?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with eToro and Ultima Markets?

eToro: eToro. Ultima Markets: MetaTrader 4, WebTrader. See the “Platforms” section for details and selection tips.

What markets can you trade with eToro and Ultima Markets?

eToro: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Ultima Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by eToro and Ultima Markets?

eToro: —. Ultima Markets: Standard, ECN, Standard Cent Account, ECN Cent Account. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by eToro and Ultima Markets?

eToro: PayPal, Neteller, Skrill, Klarna, Rapid Transfer, Sofort, Swift, Visa, Mastercard, Trustly, POLi. Ultima Markets: Alipay, Bank Transfer, UnionPay, Visa, Mastercard, Online banking. Check method-specific fees/settlement times.

Which broker is safer — eToro or Ultima Markets — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.