Ultimate Asset Limited has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". Firm claiming to be regulated by FCA - Breaching s24 FSMA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.ultimateassetslimited.com.
After seeing ads for Ultimate Asset Limited online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Conduct Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Not registered with regulators|Unrealistic promises
Do not use Ultimate Asset Limited for anything serious. I used them since last summer for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Easy withdrawals|Fast deposits|Good mobile app|Full transparency
Cons: Nothing significant|Charting tools need more indicators
I trusted Ultimate Asset Limited with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Fast support response|Reliable uptime|Wide product range|Customizable dashboard
Cons: No phone support on weekends
Ultimate Asset Limited has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Intuitive for beginners|Transparent fees
Cons: Currency conversion fee exists|No integrated tax optimization
I closed a profitable position at Ultimate Asset Limited and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Dividend tracking|No hidden fees
Cons: Minor UI glitches occasionally
Ultimate Asset Limited advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Great customer service|Easy withdrawals|Responsive team|Helpful community forum
Cons: Mobile app could be improved|Account statements could be more detailed
Ultimate Asset Limited has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Personal attention|High security standards|Helpful community forum|Competitive fees
Cons: No dark mode on mobile
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Ultimate Asset Limited is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Blocked my account|No legitimate license|Fake returns