Ultra Top Ultimate has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Market...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The platform itself is okay, but the customer service at Ultra Top Ultimate is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Helpful community forum|Quick verification|Portfolio tracking tools
Cons: No phone support on weekends|Inactivity fee applies after 12 months
After spending for about eight months trying to make Ultra Top Ultimate 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: Helpful community forum|Two-factor authentication|Dedicated account manager
Cons: Alert system is basic
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Ultra Top Ultimate 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: Lost entire investment|Reported to authorities|Unresponsive
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
The hidden fees at Ultra Top Ultimate are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: API access|Portfolio tracking tools|Copy trading available|Easy to use platform
Cons: Onboarding videos are outdated