Ultimate Trading (ultimate-trading.xyz) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 441438941254
Addresses: Sydney SE20 8JB Australia; 47 Maple Road Anerley Lond SE20 8JB United Kingdom 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.ultimate-trading.xyz.
After spending for about eight months trying to make Ultimate Trading (ultimate-trading.xyz) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Good analytical tools|Intuitive for beginners
Cons: Research section could be deeper
What really bothers me about Ultimate Trading (ultimate-trading.xyz) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after attending a webinar they hosted and I fell for the polished exterior. Never again.
Pros: Smooth onboarding|Full transparency|Good mobile app
Cons: Wish they had more educational resources|No dark mode on mobile
I requested my data from Ultimate Trading (ultimate-trading.xyz) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Demo account available|Customizable dashboard
Cons: Account statements could be more detailed
I closed a profitable position at Ultimate Trading (ultimate-trading.xyz) 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: Fast support response|Easy withdrawals|Helpful community forum
Cons: No fractional shares
Ultimate Trading (ultimate-trading.xyz) 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: Fast execution|Quick verification|Social trading features
Cons: Help articles are sometimes vague|No live chat on mobile
I had high hopes for Ultimate Trading (ultimate-trading.xyz) through a podcast recommendation, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Competitive fees|Intuitive for beginners|No hidden fees|Multiple order types
Cons: Limited ETF selection
I had a dispute with Ultimate Trading (ultimate-trading.xyz) 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: Wide product range|Excellent charting|Fast support response
Cons: Could offer more webinars|Onboarding videos are outdated
I have been trying to close my account with Ultimate Trading (ultimate-trading.xyz) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Good mobile app|Personal attention
Cons: Slow to add new assets
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Ultimate Trading (ultimate-trading.xyz) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Multi-device support|Multi-currency support
Cons: Mobile app could be improved
Ultimate Trading (ultimate-trading.xyz) locked my account without warning and demanded documents I had already submitted. for about ten months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Easy to use platform|Market news feed|Two-factor authentication
Cons: Some tools only available on higher tiers