Pepperstone vs Ultima Markets Comparison

Last updated Mar 28, 2025
Pepperstone LogoPepperstone
4.6/5
Register81.7% of retail investors lose money when trading CFDs with this broker
VS
Ultima Markets LogoUltima Markets
4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested funds

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 Pepperstone and Ultima Markets

BrokerPepperstoneUltima Markets
Rating
4.6/5
4.4/5
Foundation Year20102016
Regulated in CountriesAustralia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United KingdomMauritius, Cyprus
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 JPY
  • 1 NZD
  • 1 SGD
  • 1 CAD
  • 1 HKD
  • 1 AUD
  • 20 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:5001:2000
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
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
  • MetaTrader 4
  • WebTrader
ReviewPepperstone Review Ultima Markets Review

Pepperstone suits traders seeking a wide choice of platforms, tight spreads, and numerous trading instruments.

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.

Pepperstone Review

Pepperstone Logo
Register81.7% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4cTraderTradingView
compare Pepperstone trading accounts

Pepperstone is a significant and reliable broker that offers a broad range of trading instruments and attractive trading conditions. With regulation by serious authorities, clients can be confident in the security of their funds.

The broker is suitable for various types of traders. Beginners will find extensive educational materials, including trading guides, webinars, instructional videos, and Forex trading courses. Experienced traders will also appreciate Pepperstone's opportunities, including favorable trading conditions, various trading platforms, and access to complex trading instruments.

The broker's technical support operates at a high level, offering clients quick and efficient responses to any questions.

Pepperstone is an excellent choice for traders of all experience levels. With a unique combination of educational materials, trading tools, and high-quality customer service, this broker ensures excellent conditions for successful trading.

Pros and Cons of Pepperstone

Pros

  1. Wide selection of trading platforms.
  2. Tight spreads and favourable trading conditions.
  3. Numerous regulatory licenses.
  4. A large number of trading assets.

Cons

  1. Lack of diversity in types of trading accounts.

Pepperstone is in the top 10 of the following ratings:

Ultima Markets Review

Ultima Markets Logo
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

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

Cons

  1. Lack of educational materials.
  2. No phone support.

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

Reliability

BrokerPepperstoneUltima Markets
Reliability
5/5
4.4/5
Foundation Year20102016
Regulated in CountriesAustralia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United KingdomMauritius, Cyprus
Regulators

Pepperstone

Pepperstone is regulated in seven different jurisdictions, indicating a high level of reliability and regulation.

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

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

Cons

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

Account Opening

BrokerPepperstoneUltima Markets
Account Opening
5/5
5/5
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 JPY
  • 1 NZD
  • 1 SGD
  • 1 CAD
  • 1 HKD
  • 1 AUD
  • 20 USD

Pepperstone

The account opening process is straightforward, convenient, and fast.

Ultima Markets

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

Pros

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

Account Types

BrokerPepperstoneUltima Markets
Account Types
3.8/5
4.7/5
Trading Accounts
  • Standard
  • Razor
  • Standard
  • ECN
  • Standard Cent Account
  • ECN Cent Account
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 JPY
  • 1 NZD
  • 1 SGD
  • 1 CAD
  • 1 HKD
  • 1 AUD
  • 20 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:5001:2000
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
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
  • MetaTrader 4
  • WebTrader
Demo Account
Swap-free Account

Pepperstone

Pepperstone's account types meet the needs of most traders, though they lack variability.

Pros

  1. The ability to copy trades.
  2. Support for VPS hosting.

Cons

  1. Lack of cent accounts.
  2. No 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

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

Cons

  1. Lack of fixed spread accounts.

Commissions

BrokerPepperstoneUltima Markets
Commissions
4/5
5/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)1.151
Commission per Lot$3.5$2.5

Pepperstone

Pepperstone does not charge an inactivity fee or withdrawal fees, which is an essential advantage for traders. As for trading commissions, the broker offers competitive conditions.

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

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

Deposit and Withdrawal

BrokerPepperstoneUltima Markets
Rating
4.5/5
4.5/5
Account Funding Methods
  • Neteller
  • PayPal
  • Skrill
  • Swift
  • Visa
  • Mastercard
  • Alipay
  • Bank Transfer
  • UnionPay
  • Visa
  • Mastercard
  • Online banking

Pepperstone

Account funding and withdrawal processes at Pepperstone are pretty convenient and fast.

Pros

  1. Multiple available deposit methods.
  2. No deposit fee.
  3. Swift transaction processing.

Cons

  1. Bank fees for withdrawals.

Ultima Markets

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

Pros

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

Cons

  1. Withdrawal time up to 5 business days.

Markets and Products

BrokerPepperstoneUltima Markets
Markets and Products
5/5
4.5/5
Forex9760
Precious Metals209
Energy Carriers47
Soft Commodities167
Indices2628
Stocks98686
ETF1086
Cryptocurrency3047
Bonds-7

Pepperstone

The broker utilizes services from several tier-one liquidity providers to offer clients competitive quotes with low spreads and high liquidity across various instruments.

Ultima Markets

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

Pros

  1. Wide assortment of CFDs.
  2. Coverage of all major markets.

Cons

  1. Average number of stock CFDs compared to competitors.

Trading Platforms

BrokerPepperstoneUltima Markets
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
  • MetaTrader 4
  • WebTrader

Pepperstone

Pepperstone offers a wide selection of high-quality and functional trading platforms, making it attractive to many investors.

Ultima Markets

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

Pros

  1. Support for MT4 with extensive functionality.
  2. Intuitive mobile application.

Cons

  1. Limited choice of platforms.

Analytics

BrokerPepperstoneUltima Markets
Rating
5/5
4/5

Pepperstone

Pepperstone has a well-developed analytical department, which includes daily market reviews, an economic calendar, the powerful automatic market analysis tool Autochartist, and convenient calculators for 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

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

Cons

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

Education

BrokerPepperstoneUltima Markets
Rating
5/5
1/5

Pepperstone

Pepperstone greatly emphasizes the educational component, offering a broad spectrum of instructional materials and resources.

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

  1. Unlimited demo account.

Cons

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

Customer Support

BrokerPepperstoneUltima Markets
Rating
5/5
4.5/5
Email Support
  • support@pepperstone.com
  • contact@ultimamarkets.com
  • info@ultimamarkets.com
Hotline Phones
  • +1786 628 1209
Social Media

Pepperstone

Pepperstone's support service provides clients with various communication channels, prompt responses, professionalism, and efficiency in problem-solving.

Ultima Markets

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

Pros

  1. 24/7 support.
  2. High response speed.
  3. Variety of communication channels (email, chat, Telegram).

Cons

  1. No phone support.

Alternatives to Pepperstone and Ultima Markets

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