Exness vs Ultima Markets Comparison: Which Is Better for Traders?
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 - Exness or Ultima Markets?
Our pick: Ultima Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Ultima Markets looks preferable to Exness.
Ultima Markets scored 4.4/5 and ranks 18 in our all Forex brokers list, whereas Exness has 4.3/5 and ranks 20.
This is not financial advice. See the full comparison below.
Who is Exness suitable for?
Exness is suitable for traders looking for a reliable broker with a decent selection of trading accounts and platforms.
Who is Ultima Markets suitable for?
Ultima Markets is suitable for experienced traders and those who use automated strategies. It is less suitable for beginners due to a lack of educational materials.
Comparison Table of Exness and Ultima Markets
| Broker | Exness | Ultima Markets |
|---|---|---|
| Rating | 4.3/5 | 4.4/5 |
| Foundation Year | 2008 | 2016 |
| Regulated in Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | Mauritius, Cyprus |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:2000 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
|
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| Review | Exness Review | Ultima Markets Review |
Exness Review
Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.
Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.
Pros and Cons of Exness
Pros
- Wide selection of trading accounts.
- Instant fund withdrawal.
- Variety of trading platforms.
- A variety of analytical tools.
Cons
- Limited selection of educational materials.
- Average selection of markets and products.
- Deposit fees.
Exness is in the top 10 of the following ratings:
Ultima Markets Review
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:
Reliability
| Broker | Exness | Ultima Markets |
|---|---|---|
| Reliability | 5/5 | 4.4/5 |
| Foundation Year | 2008 | 2016 |
| Regulated in Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | Mauritius, Cyprus |
| Regulators | FCA FCA SFSA SFSA FSCA FSCA FSC FSC BVIFSC BVIFSC CySEC CySEC CBCS CBCS CMA CMA | FSC FSC CySEC CySEC |
Exness
The reliability of Exness broker is confirmed by multiple licenses.
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
| Broker | Exness | Ultima Markets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Exness
The account opening process at Exness is simple and accessible.
Pros
- Minimum deposit of just 10 USD.
- Simple and fast registration process.
- Verification within 24 hours.
Cons
- Lack of Russian language support.
- Restrictions for residents of certain countries.
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
| Broker | Exness | Ultima Markets |
|---|---|---|
| Account Types | 4.5/5 | 4.7/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:2000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Exness
Exness offers a variety of accounts that meet the needs of most traders.
Pros
- Wide selection of accounts for different types of traders.
- Options with low and zero spreads.
- Accounts for beginners and professionals.
Cons
- Absence of fixed spread accounts.
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
| Broker | Exness | Ultima Markets |
|---|---|---|
| Commissions | 3.5/5 | 5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1 | 1 |
| Commission per Lot | $3.5 | $2.5 |
Exness
Exness offers average market commissions with some advantages in swaps and no inactivity fees.
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
| Broker | Exness | Ultima Markets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Account Funding Methods |
|
|
Exness
Exness offers fast and convenient methods for depositing and withdrawing funds with some limitations.
Pros
- Instant 24/7 fund withdrawal.
- Low or no commission fees.
- Funds credited within 30 minutes.
Cons
- No bank transfers.
- Absence of cryptocurrencies as a payment method.
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
| Broker | Exness | Ultima Markets |
|---|---|---|
| Markets and Products | 4/5 | 4.5/5 |
| Forex | 95 | 60 |
| Precious Metals | 15 | 9 |
| Energy Carriers | 3 | 7 |
| Indices | 10 | 28 |
| Stocks | 98 | 86 |
| Cryptocurrency | 11 | 47 |
| Soft Commodities | - | 7 |
| ETF | - | 6 |
| Bonds | - | 7 |
Exness
Exness offers a variety of markets, but with a limited selection of products.
Pros
- 95 currency pairs.
- Variable leverage options.
- Access to CFDs on stocks and metals.
Cons
- No soft commodities.
- Average number of available CFDs.
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
| Broker | Exness | Ultima Markets |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
|
|
Exness
Exness offers a variety of platforms that meet the needs of different traders.
Pros
- Availability of a mobile application.
- Web platform without the need for installation.
- Support for popular MT4 and MT5.
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
| Broker | Exness | Ultima Markets |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
Exness
Exness offers a variety of analytical tools suitable for different strategies.
Pros
- News from Dow Jones.
- Reviews from Trading Central.
- Personalized economic calendar.
Cons
- Lack of analytics from own experts.
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
| Broker | Exness | Ultima Markets |
|---|---|---|
| Rating | 2/5 | 1/5 |
Exness
Exness's educational materials are limited to the Help Center section, without additional resources.
Pros
- Answers to popular questions.
Cons
- Lack of webinars and video tutorials.
- Shortage of comprehensive materials.
- Not suitable for in-depth learning.
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
| Broker | Exness | Ultima Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Email Support |
|
|
| Hotline Phones |
| — |
| Social Media |
LinkedIn
Twitter
YouTube
Telegram
Facebook
InstagramExness
Exness technical support provides 24/7 service in 16 languages, making it accessible and convenient.
Pros
- 24/7 support in major languages.
- Multiple channels of communication (chat, email, phone).
- Global presence with offices in different countries.
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 Exness and Ultima Markets with other brokers
Conclusion
Ultima Markets stands out as the better overall pick, while Exness trails on aggregate criteria.
Ultima Markets scored 4.4/5 and ranks 18 in our rating; Exness has 4.3/5 and ranks 20.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Exness or Ultima Markets?
Ultima Markets comes out ahead by overall rank (score 4.4/5, position 18) versus Exness (score 4.3/5, position 20).
Which broker is better for beginners: Exness or Ultima Markets?
Ultima Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Exness 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 Exness and Ultima Markets?
Exness: MetaTrader 4, MetaTrader 5. Ultima Markets: MetaTrader 4, WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with Exness and Ultima Markets?
Exness: Forex, Precious Metals, Energy Carriers, Indices, Stocks, 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 Exness and Ultima Markets?
Exness: Standard Cent, Pro, Zero, Raw Spread, Standard. 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 Exness and Ultima Markets?
Exness: Skrill, Neteller, Perfect Money, Visa, Mastercard. Ultima Markets: Alipay, Bank Transfer, UnionPay, Visa, Mastercard, Online banking. Check method-specific fees/settlement times.
Which broker is safer — Exness 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.
