Forex Brokers

www.ultimatefxmarkets.com

1.7 (10 reviews)
🇦🇺 Australia
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1.7
10 reviews
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About www.ultimatefxmarkets.com

www.ultimatefxmarkets.com has been flagged by ASIC (Australia) for "Unlicensed". Phones: 61452550287

Addresses: Westfield Liverpool, Macquarie St, Liverpool NSW 2170 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.ultimatefxmarkets.com.

Customer Reviews

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Can not recommend in any way

J
Jessica C.
1 weeks ago

I have been trying to close my account with www.ultimatefxmarkets.com 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: Economic calendar|Full transparency|Two-factor authentication|Dedicated account manager

Cons: Alert system is basic|Mobile app could be improved

My account was compromised and they did nothing

L
Luke O.
1 months ago

My withdrawal request from www.ultimatefxmarkets.com has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.

Pros: Fast support response|Transparent fees|Multiple order types|Responsive team

Cons: Nothing significant

Balance went negative they want it back

E
Edward N.
2 months ago

www.ultimatefxmarkets.com advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Wide product range|High security standards

Cons: Limited ETF selection

No investor compensation scheme

F
Frank K.
4 months ago

I am in a dispute with www.ultimatefxmarkets.com over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Educational resources|Fast execution

Cons: Limited cryptocurrency options

Slippage ate my profits

N
Noah Z.
5 months ago

The so-called education at www.ultimatefxmarkets.com is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for close to eighteen months thinking they would help me learn.

Pros: Segregated accounts|Multi-device support

Cons: Cannot customize dashboard fully

Ombudsman said they are uncooperative

R
Rachel P.
5 months ago

www.ultimatefxmarkets.com 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: Smooth onboarding|Quick verification|No hidden fees|Automated trading options

Cons: Onboarding videos are outdated|Help articles are sometimes vague

They are hiding something

F
Felix R.
8 months ago

Do not believe the bonus offer from www.ultimatefxmarkets.com. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a trusted YouTuber reviewed them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: API access|Two-factor authentication|Dedicated account manager|No hidden fees

Cons: Cannot customize dashboard fully|Limited social trading features

Lost thousands due to their errors

L
Lindsey S.
10 months ago

I had high hopes for www.ultimatefxmarkets.com after seeing their ad online, 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: Excellent charting|Reliable uptime|High security standards|Economic calendar

Cons: Live chat only during business hours

Account closure takes 30 days

O
Olivia Z.
10 months ago

Opened my account with www.ultimatefxmarkets.com 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: Portfolio tracking tools|Educational resources

Cons: Wait times can be long during peak hours

Trust broken beyond repair

H
Helen R.
11 months ago

What really bothers me about www.ultimatefxmarkets.com 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: Reliable uptime|Responsive team

Cons: None so far|Website design could be more modern