Grand Capital vs Ultima Markets Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Grand Capital and Ultima Markets
| Broker | Grand Capital | Ultima Markets |
|---|---|---|
| Rating | 4/5 | 4.4/5 |
| Foundation Year | 2006 | 2016 |
| Regulated in Countries | Saint Vincent and the Grenadines | Mauritius, Cyprus |
| Minimum Deposit |
|
|
| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:1000 | 1:2000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | Grand Capital Review | Ultima Markets Review |
Grand Capital is suitable for both beginners and experienced traders. A wide selection of instruments, bonuses, and education make it attractive for different levels of traders
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.
Grand Capital Review
Grand Capital is a broker that offers a wide range of trading instruments and account types, making it an attractive choice for traders with different strategies and experience. Narrow spreads, especially on major currency pairs, ensure competitive trading conditions and the availability of educational materials that support novice and experienced traders in their development. The 24/7 multi-lingual support ensures that assistance is promptly provided.
Grand Capital will suit traders who appreciate a variety of trading tools and account types, as well as those who actively utilize educational resources to enhance their skills. The broker will be especially attractive for those who prefer to use MetaTrader platforms and are not concerned about the potential risks of the lack of strict regulation.
Pros and Cons of Grand Capital
Pros
- Diversity of trading account types.
- Tight spreads.
- A wide range of trading assets.
- Multilingual support 7 days a week, 24 hours a day.
Cons
- It is not regulated by leading financial regulators.
- High swaps.
- Lack of MetaTrader alternatives.
Grand Capital 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 | Grand Capital | Ultima Markets |
|---|---|---|
| Reliability | 3.2/5 | 4.4/5 |
| Foundation Year | 2006 | 2016 |
| Regulated in Countries | Saint Vincent and the Grenadines | Mauritius, Cyprus |
| Regulators | SVGFSA SVGFSA - | FSC FSC CySEC CySEC |
Grand Capital
Grand Capital demonstrates openness and transparency, but offshore registration may raise concerns among clients.
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 | Grand Capital | Ultima Markets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Grand Capital
Opening an account with Grand Capital is simple and convenient, with clear instructions for verification and flexible deposit options.
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 | Grand Capital | Ultima Markets |
|---|---|---|
| Account Types | 5/5 | 4.7/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:1000 | 1:2000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
Grand Capital
Broker Grand Capital offers a wide range of accounts, satisfying the needs of different categories of traders and investors.
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 | Grand Capital | Ultima Markets |
|---|---|---|
| Commissions | 3.2/5 | 5/5 |
| Spread | from 0.4 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | 1 |
| Commission per Lot | $2.5 | $2.5 |
Grand Capital
Grand Capital's commissions are at an average level, offering a reasonable balance between costs and services.
Pros
- Spreads and commission per lot are below market average.
- Cashback is available.
Cons
- High inactivity fee.
- High swaps
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 | Grand Capital | Ultima Markets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Account Funding Methods |
|
|
Grand Capital
Grand Capital offers a variety of deposit and withdrawal methods with competitive fees, although the withdrawal request processing time could be improved.
Pros
- Wide selection of methods for account deposits and withdrawals.
- Broker compensates for account deposit fees.
- Generous bonus program is offered.
Cons
- Withdrawal fee can reach up to 6%.
- Withdrawals take up to three business days.
- No bank transfer available.
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 | Grand Capital | Ultima Markets |
|---|---|---|
| Markets and Products | 5/5 | 4.5/5 |
| Forex | 53 | 60 |
| Precious Metals | 7 | 9 |
| Energy Carriers | 3 | 7 |
| Soft Commodities | 14 | 7 |
| Indices | 14 | 28 |
| Stocks | 149 | 86 |
| ETF | 7 | 6 |
| Bonds | 3 | 7 |
| Cryptocurrency | 61 | 47 |
Grand Capital
Broker Grand Capital offers a wide range of trading instruments, enabling trading across different markets.
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 | Grand Capital | Ultima Markets |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Trading Platforms |
|
|
Grand Capital
Grand Capital provides reliable and functional trading platforms, including MetaTrader 4/5 and WebTrader.
Pros
- Availability of time-tested MetaTrader 4 and 5.
- Ability to trade through the browser with WebTrader.
Cons
- No unique or innovative trading platforms provided.
- No mobile application.
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 | Grand Capital | Ultima Markets |
|---|---|---|
| Rating | 4/5 | 4/5 |
Grand Capital
Grand Capital broker analytics offers useful tools and expert reviews, but may not fully meet the requirements of some traders.
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 | Grand Capital | Ultima Markets |
|---|---|---|
| Rating | 3/5 | 1/5 |
Grand Capital
The broker's training materials are useful but limited to one main resource.
Pros
- Detailed trading book.
Cons
- No webinars or videos.
- Lack of courses.
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 | Grand Capital | Ultima Markets |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Email Support |
|
|
| Hotline Phones |
| — |
| Social Media |
Twitter
YouTube
Telegram
LinkedIn
Facebook
InstagramGrand Capital
Grand Capital technical support offers prompt assistance with an extensive working schedule and departmental division.
Pros
- Multilingual support 24/7.
- Separate communication channels for different issues.
- Prompt resolution of issues.
Cons
- Not all departments operate around the clock.
- No direct phone contact for communication.
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.
