Ultra Trade (ultratrade.io) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 447365451719
Addresses: 18 Pasea Estate Road Road Town Tortola VG1110 BVI This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: ultratrade.io.
Opened my account with Ultra Trade (ultratrade.io) when my bank disappointed me and I searched for alternatives and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Wide product range|Fast support response
Cons: Charting tools need more indicators
After for just over a year with Ultra Trade (ultratrade.io), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Wide product range|Automated trading options
Cons: Research section could be deeper|Wish they had more educational resources
My card was charged twice by Ultra Trade (ultratrade.io) on the same day. I had to dispute it with my bank. Ultra Trade (ultratrade.io) 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: Good analytical tools|Instant funding|Regular updates|Clear documentation
Cons: Limited ETF selection
I lost a significant amount because Ultra Trade (ultratrade.io) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Demo account available|Competitive fees|Market news feed
Cons: Onboarding videos are outdated|Wait times can be long during peak hours
The hidden fees at Ultra Trade (ultratrade.io) 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: Smooth onboarding|Wide product range|Multi-device support|Tax reports included
Cons: Website design could be more modern|Mobile app could be improved
After spending since I opened my account last year trying to make Ultra Trade (ultratrade.io) 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: Easy withdrawals|Risk management tools|Dividend tracking|Instant funding
Cons: Wish they had more educational resources
Ultra Trade (ultratrade.io) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Economic calendar|Dividend tracking|Fast support response|Full transparency
Cons: Email notifications too frequent|No phone support on weekends
I requested my data from Ultra Trade (ultratrade.io) 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: Multiple order types|Educational resources|Two-factor authentication|Professional team
Cons: Limited ETF selection
I referred a friend to Ultra Trade (ultratrade.io) after hearing about them at a conference. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Full transparency|Comprehensive tools
Cons: Onboarding videos are outdated|No crypto staking
I signed up with Ultra Trade (ultratrade.io) 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: Professional team|Multi-device support|Dedicated account manager
Cons: Email notifications too frequent|Currency conversion fee exists