Hi folks! Dabbling with Ultima Markets for a while now. So here's my two cents'. Being regulated gave me the confidence to try out their platforms, always good to have a watchdog around.
The maximum leverage of 1:2000 is quite a treat for those risk-takers among us. The spreads starting from 0.0 pips certainly up the game. I missed having an explicit mention of a demo account, felt like being pushed into the deep end with no lifebuoy. The minimum deposit at $50 for a standard account is quite manageable, but the Pro ECN account requirement at $20,000 is for the big boys. On the ambiguous side, I wasn't sure about the payment methods on offer. All in all, it's been a mixed bag with Ultima Markets!
Hi folks! Dabbling with Ultima Markets for a while now. So here's my two cents'. Being regulated gave me the confidence to try out their platforms, always good to have a watchdog around. The maximum leverage of 1:2000 is quite a treat for those risk-takers among us. The spreads starting from 0.0 pips certainly up the game. I missed having an explicit mention of a demo account, felt like being pushed into the deep end with no lifebuoy. The minimum deposit at $50 for a standard account is quite manageable, but the Pro ECN account requirement at $20,000 is for the big boys. On the ambiguous side, I wasn't sure about the payment methods on offer. All in all, it's been a mixed bag with Ultima Markets!
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