www.ultimatetradersltd.com / ULTIMATE TRADERS has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". 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.ultimatetradersltd.com.
KYC with www.ultimatetradersltd.com / ULTIMATE TRADERS is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Fast deposits|Regular platform improvements|Good analytical tools
Cons: Search feature is basic|Account statements could be more detailed
Tried to withdraw my funds from www.ultimatetradersltd.com / ULTIMATE TRADERS and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
After using www.ultimatetradersltd.com / ULTIMATE TRADERS for a couple of months now, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Great customer service|Wide product range|Helpful community forum
Cons: Would like more payment methods
www.ultimatetradersltd.com / ULTIMATE TRADERS 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: API access|Risk management tools|Real-time alerts|Intuitive for beginners
Cons: Slow to add new assets
I signed up with www.ultimatetradersltd.com / ULTIMATE TRADERS after attending a webinar they hosted 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: Competitive fees|Quick verification
Cons: Research section could be deeper|Email notifications too frequent
Opened my account with www.ultimatetradersltd.com / ULTIMATE TRADERS after a trusted YouTuber reviewed them 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: Quick verification|Social trading features
Cons: Minimum deposit could be lower|Research section could be deeper
www.ultimatetradersltd.com / ULTIMATE TRADERS locked my account without warning and demanded documents I had already submitted. for roughly four 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: Regular platform improvements|Dividend tracking|Instant funding
Cons: Withdrawal takes 1-2 business days
I found www.ultimatetradersltd.com / ULTIMATE TRADERS through my accountant's suggestion and the initial impression was positive. But for a few weeks now later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Dividend tracking|Low minimum deposit|Competitive fees|Social trading features
Cons: None so far|Email notifications too frequent
I experienced a security concern with my www.ultimatetradersltd.com / ULTIMATE TRADERS account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Good analytical tools|Instant funding|Tax reports included|Customizable dashboard
Cons: Minor UI glitches occasionally
Do not believe the bonus offer from www.ultimatetradersltd.com / ULTIMATE TRADERS. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after seeing their ad online and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Helpful community forum|Risk management tools|Fast execution|Quick verification
Cons: Would like more payment methods|Inactivity fee applies after 12 months