Ultimate-tradezone has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: utz-global.pro.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Ultimate-tradezone recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Detailed reporting|Good mobile app|Smooth onboarding
Cons: Could offer more webinars
I had a dispute with Ultimate-tradezone and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Customizable dashboard|No hidden fees|Low minimum deposit|Good analytical tools
Cons: Cannot customize dashboard fully
I found Ultimate-tradezone after doing extensive research and the initial impression was positive. But for over a year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Competitive fees|Copy trading available
Cons: Cannot customize dashboard fully
Ultimate-tradezone had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: High security standards|Fast deposits
Cons: None so far|Could offer more webinars
I signed up with Ultimate-tradezone while looking for alternatives to my previous provider and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Automated trading options|Real-time alerts|High security standards
Cons: Research section could be deeper|None so far
Ultimate-tradezone 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: Dividend tracking|Professional team|Responsive team
Cons: Research section could be deeper|Minor UI glitches occasionally
Ultimate-tradezone changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Intuitive for beginners|Excellent charting|Risk management tools|Stable platform
Cons: Email notifications too frequent
I was about to invest with Ultimate-tradezone but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Ultimate-tradezone 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