Libertex 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 - Libertex or Ultima Markets?
Our pick: Libertex
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Libertex looks preferable to Ultima Markets.
Libertex scored 4.7/5 and ranks 4 in our all Forex brokers list, whereas Ultima Markets has 4.4/5 and ranks 18.
This is not financial advice. See the full comparison below.
Who is Libertex suitable for?
Broker Libertex suits beginners and experienced traders who value educational resources and various instruments.
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 Libertex and Ultima Markets
| Broker | Libertex | Ultima Markets |
|---|---|---|
| Rating | 4.7/5 | 4.4/5 |
| Foundation Year | 1996 | 2016 |
| Regulated in Countries | Saint Vincent and the Grenadines, Belarus, Cyprus, Mauritius | Mauritius, Cyprus |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:2000 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
|
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| Review | Libertex Review | Ultima Markets Review |
Libertex Review
Libertex is an established broker with a broad range of instruments and a solid educational base. The Libertex and MT4/MT5 platforms support both self-directed trading and ready-made solutions: copy trading (Libertex Social), model portfolios, and curated investment ideas.
Traders get multiple account types for different styles, competitive costs with zero deposit fees, and convenient funding/withdrawal options. Regular research, an economic calendar, and trading signals help with planning and risk management. A limitation is the absence of fixed-spread and Islamic accounts, which may matter to some investors.
Pros and Cons of Libertex
Pros
- Tight spreads and attractive trading conditions.
- Wide selection of trading assets.
- A rich set of educational resources and market analysis.
- Strong platform lineup: proprietary Libertex and professional MT4/MT5.
- Copy trading and investing in stocks and ETFs are available.
- Instant, fee-free deposits and a wide choice of funding and withdrawal methods.
Cons
- An inactivity fee applies.
- No fixed-spread accounts and no Islamic accounts.
Libertex 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 | Libertex | Ultima Markets |
|---|---|---|
| Reliability | 5/5 | 4.4/5 |
| Foundation Year | 1996 | 2016 |
| Regulated in Countries | Saint Vincent and the Grenadines, Belarus, Cyprus, Mauritius | Mauritius, Cyprus |
| Regulators | SVGFSA SVGFSA НБ РБ НБ РБ CySEC CySEC FSC FSC | FSC FSC CySEC CySEC |
Libertex
Libertex demonstrates a high level of reliability, backed by transparent regulation.
Pros
- Regulation in Europe
- Membership in the Financial Commission
- The broker has been operating since 1997
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 | Libertex | Ultima Markets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Libertex
Opening an account with Libertex is simple and fast: a few registration steps and you can start with small amounts.
Pros
- Fast, straightforward sign-up
- No minimum deposit (funding from $10)
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 | Libertex | Ultima Markets |
|---|---|---|
| Account Types | 4.5/5 | 4.7/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:2000 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Libertex
Libertex offers a flexible range of accounts—from MT4/MT5 to the investment Portfolio and copy trading—covering most traders’ needs.
Pros
- Wide choice of trading accounts
- Libertex Portfolio account for buying stocks and ETFs
- Copy trading (Libertex Social)
Cons
- No fixed-spread accounts or Islamic 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 | Libertex | Ultima Markets |
|---|---|---|
| Commissions | 4/5 | 5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 0.4 | 1 |
| Commission per Lot | $3 | $2.5 |
Libertex
Libertex fees appear competitive: for active trading costs are below average, for swing and long-term trading closer to market levels; overall the terms are comparable with strong brokers.
Pros
- Transparent fee structure
- Competitive spreads
- Suited for active trading
Cons
- Inactivity fee applies
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 | Libertex | Ultima Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
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|
Libertex
Libertex offers a wide range of payment methods, instant deposits, and fast withdrawals to e-wallets. Most fees come from payment providers.
Pros
- Multiple available methods for deposit and withdrawal
- 0% commission on deposits
- Instant account funding
Cons
- 2% fee when withdrawing funds without trading volume
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 | Libertex | Ultima Markets |
|---|---|---|
| Markets and Products | 4.4/5 | 4.5/5 |
| Forex | 51 | 60 |
| Precious Metals | 5 | 9 |
| Energy Carriers | 6 | 7 |
| Soft Commodities | 6 | 7 |
| Indices | 36 | 28 |
| Stocks | 139 | 86 |
| ETF | 10 | 6 |
| Bonds | 3 | 7 |
| Cryptocurrency | 79 | 47 |
Libertex
Libertex offers a variety of markets and products, although the selection of CFDs is average.
Pros
- Wide range of instruments
- Cryptocurrencies and ETFs available
- Access to NYSE and NASDAQ stocks
Cons
- Some competitors have a much larger selection of 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 | Libertex | Ultima Markets |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
|
|
Libertex
Libertex offers strong platforms: the user-friendly proprietary Libertex and professional MT4/MT5. The lineup covers various scenarios, though active traders often prefer MT4/MT5 for flexibility.
Pros
- Choice: Libertex + MT4/MT5
- Rich tools/indicators
- Ecosystem and automated trading in MT4/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 | Libertex | Ultima Markets |
|---|---|---|
| Rating | 5/5 | 4/5 |
Libertex
Libertex offers a variety of analytical tools.
Pros
- Daily news and forecasts
- Model portfolios and investment ideas
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 | Libertex | Ultima Markets |
|---|---|---|
| Rating | 5/5 | 1/5 |
Libertex
Libertex offers extensive educational resources, providing support for traders of all levels.
Pros
- A wide range of courses for beginners and experienced traders
- Various learning formats (in-person, online, video)
- Practical orientation of materials
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 | Libertex | Ultima Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
| — |
| Social Media |
Instagram
Twitter
Telegram
YouTube
TikTok
LinkedIn
FacebookLibertex
Libertex technical support provides basic communication channels.
Pros
- Phone access
- Feedback form on the website
- There are positive reviews about the support service
Cons
- Limited working hours
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 Libertex and Ultima Markets with other brokers
Conclusion
Libertex stands out as the better overall pick, while Ultima Markets trails on aggregate criteria.
Libertex scored 4.7/5 and ranks 4 in our rating; Ultima Markets has 4.4/5 and ranks 18.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Libertex or Ultima Markets?
Libertex comes out ahead by overall rank (score 4.7/5, position 4) versus Ultima Markets (score 4.4/5, position 18).
Which broker is better for beginners: Libertex or Ultima Markets?
Libertex 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) — Libertex 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 Libertex and Ultima Markets?
Libertex: Libertex, MetaTrader 4, MetaTrader 5. Ultima Markets: MetaTrader 4, WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with Libertex and Ultima Markets?
Libertex: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, 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 Libertex and Ultima Markets?
Libertex: Libertex, MT4 Market, MT5 Market, MT4 Instant, MT5 Instant, Libertex Portfolio. 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 Libertex and Ultima Markets?
Libertex: Skrill, Neteller, Jeton, WebMoney, VLoad, Bank Transfer, Visa, Mastercard, Maestro. Ultima Markets: Alipay, Bank Transfer, UnionPay, Visa, Mastercard, Online banking. Check method-specific fees/settlement times.
Which broker is safer — Libertex 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.
