ScoreCM 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 - ScoreCM 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 ScoreCM.
Ultima Markets scored 4.4/5 and ranks 19 in our all Forex brokers list, whereas ScoreCM has 3.4/5 and ranks 61.
This is not financial advice. See the full comparison below.
Who is ScoreCM suitable for?
ScoreCM is suitable for beginners and active scalpers with a modest deposit looking to trade on MT5 with high leverage, but not seeking a wide range of markets.
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 ScoreCM and Ultima Markets
| Broker | ScoreCM | Ultima Markets |
|---|---|---|
| Rating | 3.4/5 | 4.4/5 |
| Foundation Year | 2024 | 2016 |
| Regulated in Countries | Dominica, Comoros | Mauritius, Cyprus |
| Minimum Deposit |
|
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:1000 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | ScoreCM Review | Ultima Markets Review |
ScoreCM Review
ScoreCM is ideal for those looking to quickly start on MT5 with a small deposit and high leverage — suitable for beginners testing strategies and active scalpers. However, its offshore regulation and limited range of instruments make the platform less attractive for investors with substantial capital and those seeking broad diversification. Overall, the broker presents itself as a reliable entry-level 'workhorse' that requires cautious risk management.
Pros and Cons of ScoreCM
Pros
- Low entry threshold — Standard account opens with $10.
- High leverage up to 1:1000 (Forex) on the basic plan.
- Multiple commission-free deposit/withdrawal methods.
- Fast account opening: short form, auto-generated password, same-day verification.
- 24/5 multi-channel support.
Cons
- Offshore regulation and no compensation scheme.
- Short operating history (since 2024) and limited public reputation.
- Limited market offering — approximately 60 CFDs; no CFDs on stocks and soft commodities.
- High spreads/swaps on the Standard account and an annual $25 inactivity fee.
- Only one platform available (MT5).
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 | ScoreCM | Ultima Markets |
|---|---|---|
| Reliability | 3.2/5 | 4.4/5 |
| Foundation Year | 2024 | 2016 |
| Regulated in Countries | Dominica, Comoros | Mauritius, Cyprus |
| Regulators |
ScoreCM
ScoreCM is regulated by offshore FSU authorities in Dominica and Mwali, publishes licensing information and claims segregation of client funds, but lacks compensation schemes and has a brief operational history.
Pros
- Two active licenses
- Segregation of client funds
Cons
- Low-tier offshore regulators
- No compensation fund
- Short operating history
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 | ScoreCM | Ultima Markets |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
|
|
ScoreCM
The ScoreCM registration process is swift: a concise form, an email with a password, and a step-by-step KYC wizard. Account funding is possible within a few hours.
Pros
- 2–3 minutes to complete the form
- Intuitive KYC wizard
- Quick document approval
Cons
- Mandatory submission of 4 documents for KYC
- No social media registration
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 | ScoreCM | Ultima Markets |
|---|---|---|
| Account Types | 3/5 | 4.7/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 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 |
ScoreCM
Three account types cover basic needs, but there is a lack of variety: no cent, fixed-spread, ECN/STP, or Islamic accounts, and copy trading/PAMM services are absent.
Pros
- Deposit starting at $10
- Raw spreads on Pro/Elite accounts
Cons
- No cent or fixed-spread account
- No Islamic (swap-free) plan
- No copy trading/PAMM
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 | ScoreCM | Ultima Markets |
|---|---|---|
| Commissions | 2.5/5 | 5/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | 1.8 | 1 |
| Commission per Lot | $3.5 | $2.5 |
ScoreCM
ScoreCM fees are moderate: $3.5 per lot on Pro/Elite accounts are competitive, but the Standard account, with a spread of 1.8 points and high swaps, is more expensive; the annual $25 inactivity fee slightly raises overall costs.
Pros
- No deposit/withdrawal fees
Cons
- High spreads and swaps on the Standard account
- $25/year account inactivity fee
- No discounts for high volume trading
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 | ScoreCM | Ultima Markets |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Account Funding Methods |
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ScoreCM
The absence of internal fees combined with a broad range of methods makes deposits and withdrawals convenient.
Pros
- No broker fees
- Minimum deposit of $10
- Instant deposit via e-wallet or cryptocurrency
Cons
- No option to deposit or withdraw via card
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 | ScoreCM | Ultima Markets |
|---|---|---|
| Markets and Products | 3/5 | 4.5/5 |
| Forex | 42 | 60 |
| Precious Metals | 10 | 9 |
| Energy Carriers | 4 | 7 |
| Indices | 6 | 28 |
| Cryptocurrency | 5 | 47 |
| Soft Commodities | - | 7 |
| Stocks | - | 86 |
| ETF | - | 6 |
| Bonds | - | 7 |
ScoreCM
ScoreCM offers roughly 60 CFDs, covering currencies, metals, oil/gas, indices, and a few cryptocurrencies. The absence of stocks and soft commodities renders the range noticeably poorer than that of most competitors.
Pros
- High leverage up to 1:1000
- CFDs available on cryptocurrencies
Cons
- Only about 60 instruments available
- No CFDs on stocks
- No soft commodities
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 | ScoreCM | Ultima Markets |
|---|---|---|
| Rating | 3.5/5 | 4/5 |
| Trading Platforms |
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ScoreCM
The MT5 desktop, web, and mobile platforms cover most needs, but the absence of alternatives (MT4/cTrader/TradingView) and social features restrict flexibility.
Pros
- Comprehensive MT5 offering: desktop, web, and mobile applications
- Support for algo trading and the MQL5 marketplace
Cons
- No MT4, cTrader, or TradingView
- No copy trading or social signals
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 | ScoreCM | Ultima Markets |
|---|---|---|
| Rating | 3/5 | 4/5 |
ScoreCM
ScoreCM provides an economic calendar, a suite of calculators, a converter, and Autochartist — offering sufficient basic tools, though lacking proprietary reviews, webinars, and smart signals, resulting in only average analytics.
Pros
- Economic calendar
- Trading calculators
- Autochartist plugin
Cons
- Lacks daily market reviews and trade ideas
- No webinars/video analytics
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 | ScoreCM | Ultima Markets |
|---|---|---|
| Rating | 3/5 | 1/5 |
ScoreCM
The text-based courses and extensive glossary provide a solid theoretical foundation, however without video content, webinars, and interactive elements, the ScoreCM educational package remains average for the market.
Pros
- Approximately 90 lessons across all levels
- Clear structure
- Extensive industry glossary
Cons
- No video lessons or webinars
- No interactive quizzes
- No live expert support
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 | ScoreCM | Ultima Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
| — |
| Social Media |
Telegram
Twitter
LinkedIn
Instagram
Facebook
YouTubeScoreCM
Multi-channel 24/5 support, approximately 30-minute response times, and withdrawal requests resolved within 2–4 hours — a high level of service from ScoreCM.
Pros
- Live chat, email, phone, WhatsApp, Telegram
- Average response time ≤ 30 minutes
- Quick issue resolution
Cons
- Peak times may see delays in chat responses
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 ScoreCM and Ultima Markets with other brokers
Conclusion
Ultima Markets stands out as the better overall pick, while ScoreCM trails on aggregate criteria.
Ultima Markets scored 4.4/5 and ranks 19 in our rating; ScoreCM has 3.4/5 and ranks 61.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: ScoreCM or Ultima Markets?
Ultima Markets comes out ahead by overall rank (score 4.4/5, position 19) versus ScoreCM (score 3.4/5, position 61).
Which broker is better for beginners: ScoreCM 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) — ScoreCM 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 ScoreCM and Ultima Markets?
ScoreCM: MetaTrader 5. Ultima Markets: MetaTrader 4, WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with ScoreCM and Ultima Markets?
ScoreCM: Forex, Precious Metals, Energy Carriers, Indices, 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 ScoreCM and Ultima Markets?
ScoreCM: Standard, Pro, Elite. 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 ScoreCM and Ultima Markets?
ScoreCM: SticPay, Payment Asia, Swift, SEPA. Ultima Markets: Alipay, Bank Transfer, UnionPay, Visa, Mastercard, Online banking. Check method-specific fees/settlement times.
Which broker is safer — ScoreCM 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.
