Trading.com vs Ultima Markets Comparison
Compare trading conditions, commissions and platforms of Forex brokers Trading.com and Ultima Markets. Find out which broker is best for you.
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 - Trading.com or Ultima Markets?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
Trading.com
- Different platforms
- MetaTrader 5
- Different markets
- None listed
Ultima Markets
- Different platforms
- MetaTrader 4
- WebTrader
- Different markets
- ETF
- Bonds
- Cryptocurrency
Comparison Table of Trading.com and Ultima Markets
Swipe the table left or right to view all data.
| Broker | Trading.com | Ultima Markets |
|---|---|---|
| Foundation Year | 2018 | 2016 |
| Regulated in Countries | United Kingdom, United States, Cyprus, Australia | Mauritius, Cyprus |
| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:30 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Trading.com Review | Ultima Markets Review |
Trading.com Review
Trading.com is an attractive choice for traders due to its low commission policy, which makes trading more affordable. Using the MetaTrader 5 platform satisfies traders' needs for modern trading tools and functionality. Additionally, the broker supports various deposit and withdrawal methods without additional commissions, which is convenient for clients from different countries.
Trading.com is suitable for experienced traders who do not depend on the broker's training materials and analytics and who are looking for low-cost trading in a wide range of traditional financial instruments.
Pros and Cons of Trading.com
Pros
- Low trading fees.
- Multiple deposit and withdrawal methods.
- Quality technical support.
Cons
- Limited educational materials.
- Sparse analytics.
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
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| Broker | Trading.com | Ultima Markets |
|---|---|---|
| Reliability | 5/5 | 4.4/5 |
| Foundation Year | 2018 | 2016 |
| Regulated in Countries | United Kingdom, United States, Cyprus, Australia | Mauritius, Cyprus |
| Regulators |
Trading.com
Trading.com demonstrates a high level of reliability thanks to licenses from the FCA, NFA, CFTC, CySEC, and ASIC. However, the level of client protection may vary depending on the jurisdiction where the account is opened.
Pros
- Regulation in multiple countries
- Licenses from top-tier regulators
- High level of transparency
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
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| Broker | Trading.com | Ultima Markets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Trading.com
Account opening at Trading.com is fast and convenient.
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
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| Broker | Trading.com | Ultima Markets |
|---|---|---|
| Account Types | 3/5 | 4.7/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:30 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Trading.com
Trading.com offers several accounts that satisfy most traders.
Pros
- Variety of account types.
- Minimum deposit of $5.
- Protection against negative balance.
Cons
- Lack of ECN accounts.
- No fixed spread accounts.
- No accounts for passive investing.
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
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| Broker | Trading.com | Ultima Markets |
|---|---|---|
| Commissions | 4.5/5 | 5/5 |
| Spread | from 0.6 points | from 0 points |
| Average Spread (EURUSD) | 0.7 | 1 |
| Commission | No data | per 1 lot$2.50 |
Trading.com
Trading.com offers low commissions.
Pros
- No commission on trades.
- Tight spreads.
- No swap fees for major currency pairs.
Cons
- Inactivity fee.
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
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| Broker | Trading.com | Ultima Markets |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Account Funding Methods |
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Trading.com
Trading.com offers convenient and cost-effective deposit and withdrawal methods.
Pros
- No fees for deposit and withdrawal.
- Fast processing of withdrawal requests.
- Multiple available methods.
Cons
- Lack 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
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| Broker | Trading.com | Ultima Markets |
|---|---|---|
| Markets and Products | 4/5 | 4.5/5 |
| Forex | 55 | 60 |
| Precious Metals | 2 | 9 |
| Energy Carriers | 5 | 7 |
| Soft Commodities | 8 | 7 |
| Indices | 14 | 28 |
| Stocks | 1261 | 86 |
| ETF | - | 6 |
| Bonds | - | 7 |
| Cryptocurrency | - | 47 |
Trading.com
Trading.com offers a diverse range of markets and products.
Pros
- Wide selection of stocks and currency pairs.
- Access to various global markets.
Cons
- Lack of cryptocurrencies.
- Low leverage (max. 1:30).
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
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| Broker | Trading.com | Ultima Markets |
|---|---|---|
| Rating | 3.5/5 | 4/5 |
| Trading Platforms |
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Trading.com
Trading.com utilizes the reliable MT5 platform.
Pros
- Integration with robots and advisors.
- One-click trading, without requotes.
- Wide range of assets and analytical tools.
Cons
- Limited choice of platforms (only 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
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| Broker | Trading.com | Ultima Markets |
|---|---|---|
| Rating | 3/5 | 4/5 |
Trading.com
The analytical material set on Trading.com is not impressive.
Pros
- A variety of instruments for American traders.
- Technical analysis and trading signals.
Cons
- Limited set of instruments for the UK.
- Lack of materials for beginners.
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
Swipe the table left or right to view all data.
| Broker | Trading.com | Ultima Markets |
|---|---|---|
| Rating | 2/5 | 1/5 |
Trading.com
The educational materials on Trading.com are sparse and limited, especially for European clients.
Pros
- Availability of video tutorials.
- Guides for traders of different levels.
Cons
- No materials for European clients.
- Insufficient variety.
- Lack of webinars and podcasts.
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
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| Broker | Trading.com | Ultima Markets |
|---|---|---|
| Rating | 4.3/5 | 4.5/5 |
| Email Support | ||
| Hotline Phones | — | |
| Social Media |
Trading.com
Trading.com's technical support operates 24/5 and offers multiple communication channels.
Pros
- Operates 24/5.
- Fast and competent responses.
- Multiple communication channels.
Cons
- Lack of messengers for quick 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.
Comparisons of Trading.com and Ultima Markets with other brokers
Conclusion
When choosing between Ultima Markets and Trading.com, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: Trading.com or Ultima Markets?
Ultima Markets ranks higher than Trading.com in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: Trading.com or Ultima Markets?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — Trading.com 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 Trading.com and Ultima Markets?
Trading.com: MetaTrader 5. Ultima Markets: MetaTrader 4, WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with Trading.com and Ultima Markets?
Trading.com: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks. 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 Trading.com and Ultima Markets?
Trading.com: CFD. 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 Trading.com and Ultima Markets?
Trading.com: Neteller, Skrill, Bank Transfer, Credit and Debit Cards. Ultima Markets: Alipay, Bank Transfer, UnionPay, Visa, Mastercard, Online banking. Check method-specific fees/settlement times.
Which broker is safer — Trading.com 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.
