Ultima Markets vs Vantage 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 Ultima Markets and Vantage
| Broker | Ultima Markets | Vantage |
|---|---|---|
| Rating | 4.4/5 | 4.5/5 |
| Foundation Year | 2016 | 2009 |
| Regulated in Countries | Mauritius, Cyprus | Vanuatu, Cayman Islands, Australia, United Kingdom, South Africa |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Ultima Markets Review | Vantage Review |
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.
Broker Vantage is suitable for intermediate and advanced traders looking for diversity in instruments and platforms.
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:
Vantage Review
Vantage broker offers various trading instruments and platforms, making it attractive for multiple traders. The availability of extensive analytical tools and educational materials can benefit novice traders looking to deepen their knowledge.
Vantage could be a good choice for intermediate and advanced traders seeking a variety of trading instruments and platforms.
Pros and Cons of Vantage
Pros
- Wide range of trading assets.
- Diversity of trading platforms.
- Free VPS.
- Extensive analytical tools.
Cons
- There are complaints about the quality of technical support in the reviews.
Vantage is in the top 10 of the following ratings:
Reliability
| Broker | Ultima Markets | Vantage |
|---|---|---|
| Reliability | 4.4/5 | 5/5 |
| Foundation Year | 2016 | 2009 |
| Regulated in Countries | Mauritius, Cyprus | Vanuatu, Cayman Islands, Australia, United Kingdom, South Africa |
| Regulators | FSC FSC CySEC CySEC | VFSC VFSC CIMA CIMA ASIC ASIC FCA FCA FSCA FSCA |
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.
Vantage
Vantage broker demonstrates high reliability due to strict regulation in different jurisdictions.
Account Opening
| Broker | Ultima Markets | Vantage |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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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.
Vantage
Opening an account with Vantage is quite simple and fast, with clear steps for registration and verification.
Pros
- Simple and fast registration.
- Clear verification requirements.
- Flexible options for minimum deposit.
Account Types
| Broker | Ultima Markets | Vantage |
|---|---|---|
| Account Types | 4.7/5 | 4.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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.
Vantage
Vantage offers a variety of accounts, satisfying most traders.
Pros
- Sufficient choice of accounts, including ECN.
- Copy-trading and social trading capabilities.
- Loyalty program for active traders.
Cons
- Lack of cent accounts.
- No accounts with fixed spreads.
Commissions
| Broker | Ultima Markets | Vantage |
|---|---|---|
| Commissions | 5/5 | 4/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1 | 1.4 |
| Commission per Lot | $2.5 | $3 |
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.
Vantage
Vantage's commissions are average in the market with competitive spreads and swaps.
Pros
- No inactivity fee.
- No internal commissions for deposits/withdrawals.
Deposit and Withdrawal
| Broker | Ultima Markets | Vantage |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Account Funding Methods |
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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.
Vantage
Vantage offers flexible funding and withdrawal methods with low commissions, but with some restrictions.
Pros
- Variety of currencies and methods.
- No internal commissions.
- Fast withdrawal process.
Cons
- Restrictions for some countries.
Markets and Products
| Broker | Ultima Markets | Vantage |
|---|---|---|
| Markets and Products | 4.5/5 | 4.6/5 |
| Forex | 60 | 35 |
| Precious Metals | 9 | 3 |
| Energy Carriers | 7 | 2 |
| Soft Commodities | 7 | 3 |
| Indices | 28 | 8 |
| Stocks | 86 | 51 |
| ETF | 6 | 5 |
| Bonds | 7 | - |
| Cryptocurrency | 47 | - |
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.
Vantage
Vantage offers a variety of markets with flexible leverage, but without cryptocurrencies.
Pros
- Wide selection of instruments.
- High leverage up to 1:1000.
- Availability of ETFs and stock CFDs.
Cons
- No cryptocurrencies.
Trading Platforms
| Broker | Ultima Markets | Vantage |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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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.
Vantage
Vantage offers a variety of functional trading platforms, meeting the needs of most traders.
Pros
- Wide range of platforms.
- Powerful tools for analysis and trading.
- Convenient mobile application.
Analytics
| Broker | Ultima Markets | Vantage |
|---|---|---|
| Rating | 4/5 | 5/5 |
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.
Vantage
Vantage's analytics provide a wide range of tools suitable for different trading styles.
Pros
- Diversity of tools and services.
- Partnership with Trading Central for signals.
- Integration with MT4 and MT5 through Smart Trader Tools.
Education
| Broker | Ultima Markets | Vantage |
|---|---|---|
| Rating | 1/5 | 4/5 |
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.
Vantage
Vantage's educational materials are diverse and high-quality.
Pros
- Wide range of materials (webinars, articles).
- Suitable for all levels.
- Relevant topics and analytics.
Cons
- Lack of video tutorials and podcasts.
- No personalized training.
Customer Support
| Broker | Ultima Markets | Vantage |
|---|---|---|
| Rating | 4.5/5 | 3/5 |
| Email Support |
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| Hotline Phones | — |
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| Social Media |
Telegram
LinkedIn
Facebook
Twitter
Instagram
YouTubeUltima 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.
Vantage
Vantage's support offers various communication channels, but the service quality is inconsistent.
Pros
- Multiple communication channels.
- Remote support via TeamViewer.
- 24/7 availability.
Cons
- Variable service quality.
- Negative reviews about speed and efficiency.
