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.
The onboarding at Ultimate Trading (ultimate-trading.xyz) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Educational resources|Intuitive for beginners|Excellent charting
Cons: Help articles are sometimes vague|Nothing significant
I gave Ultimate Trading (ultimate-trading.xyz) a fair chance. After since I retired last year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Stable platform|Good mobile app
Cons: Onboarding videos are outdated|No live chat on mobile
My card was charged twice by Ultimate Trading (ultimate-trading.xyz) on the same day. I had to dispute it with my bank. Ultimate Trading (ultimate-trading.xyz) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Demo account available|Good analytical tools|Fast execution
Cons: Currency conversion fee exists|Live chat only during business hours
Do not be fooled by the professional-looking website. Behind the scenes, Ultimate Trading (ultimate-trading.xyz) is disorganized and incompetent. I found them after hearing about them at a conference and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Risk management tools|Portfolio tracking tools|Stable platform
Cons: Mobile app could be improved|Limited demo account features