Score

2.11 /10
Danger

TradeUltra

Malaysia

2-5 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index6.05

Risk Management Index0.00

Software Index8.81

License Index0.00

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

TradeUltra Limited

Company Abbreviation

TradeUltra

Platform registered country and region

Malaysia

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The MalaysiaLFSA regulation (license number: MB/20/0059) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

TradeUltra · Company summary
TradeUltraReview Summary
Founded2015-02-26
Registered Country/RegionMalaysia
RegulationSuspicious Clone
Market InstrumentsShares & Indices/Commodities/Crude Oil & Energies/Gold & Silver/Shares/Indices/Forex/Digital assets
Demo Account
LeverageUp to 1:400(On Forex CFDs)
SpreadTight
Trading PlatformTradeUltra&MetaTrader 5(Desktop, Web & Mobile)
Min Deposit/
Customer SupportEmail: info@tradeultra.com
Facebook, YouTube, Twitter, Instagram, LinkdIn

TradeUltra Information

TradeUltra is an STP broker that provides more than 3000+ tradable instruments including Shares & Indices, Forex & Commodities, Digital assets, Gold & Silver, and Crude Oil & Energies. The broker also provides TradeUltra for investors and MT5 for experienced traders. TradeUltra is still risky due to its xx status, high leverage, and bad reviews about difficulty withdrawing money.

TradeUltra Information

Pros and Cons

Pros Cons
24/5 customer supportSuspicious Clone
MT5 availableNo more fees and account information
3000+ markets
Demo account available

Is TradeUltra Legit?

TradeUltra is only regulated by Labuan Financial Services Authority and its status is Suspicious Clone, even though it claims to be regulated by FSC, making it less safe than regulated brokers.

Is TradeUltra Legit?
Is TradeUltra Legit?
Is TradeUltra Legit?

What Can I Trade on TradeUltra?

TradeUltra offers 3000+ markets, including over 500 Shares & Indices, more than 200 Forex & Commodities, 100+ Digital assets, Gold & Silver, Crude Oil & Energies.

Tradable Instruments Supported
Shares & Indices
Commodities
Crude Oil & Energies
Gold & Silver
Shares
Indices
Forex
Digital assets
What Can I Trade on TradeUltra?

Leverage

The Forex CFDs maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

TradeUltra cooperates with the MetaTrader 5 and TradeUltra trading platform available on desktop, web & mobile. MT5 not only provides various trading strategies but also implements EA systems.

Trading PlatformSupported Available Devices
TradeUltraDesktop, Web & Mobile
MetaTrader 5Desktop, Web & Mobile
Trading Platform

Deposit and Withdrawal

TradeUltra accepts VISA, MasterCard, and Bank transfers for deposit and withdrawal.

Deposit and Withdrawal

News

NewsList of Award-Winning Brokers 2023

If you are a Trader or Investor and searching for a Reputable - Authorised broker in this large ocean of Forex. Then this article will help you surely. As we all agree Award is one of Our criteria to decide which broker is good or horrible.

WikiFX
2023-06-01 15:08
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User Reviews

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User comment

5

Comments

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Masao S., Kyoto
more than one year
Depositing and withdrawing funds is quick and easy. No long waiting times.
Depositing and withdrawing funds is quick and easy. No long waiting times.
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2024-06-27 18:17
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hdafdv
more than one year
I've been using it mainly because I can watch several markets at once without flipping through tabs. The app works smoothly enough for trading when I'm not at my desk. However, their customer service could really use some work—it's tough to get quick help when something goes wrong. Good for the basics, but if you need support, be prepared to wait.
I've been using it mainly because I can watch several markets at once without flipping through tabs. The app works smoothly enough for trading when I'm not at my desk. However, their customer service could really use some work—it's tough to get quick help when something goes wrong. Good for the basics, but if you need support, be prepared to wait.
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2024-06-21 17:56
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