Ultimate TradersReviews 112

Always buy one of their 5k account tos test brand new trading systems I came up with in real market conditions. After demo, and a bit of practice, of cousre, but nontheless.

10% profit and 12% loss at firs stage for my strategy it's a heaven! I wait for big moves, 6-7 RR that's why 70% losses are the part of my trading

There are different account sizes, from $5k for $49 to $200k for $899. This makes it a good choice for all kinds of levels of experience. For beginners to start small, for pros to give room to their potential. I choose the middle ground. Took the $50k account size for which I needed to pay a $299 entry fee for the classic challenge. Great deal if you ask me. Btw, i havn't reached funded stage yet, just started, but from reviews i realized that the company has solid rep and there were no red flags or issues reported from traders about payments

I found a reliable prop-trading firm, as far as I am concerned, they're located in the United Kingdom. Their terms and conditions attracted my attention, and that's why I already bought a funded stage of $5000 for $49 which is cheap as chips. So far I'm almost on the way to finishing the 1st stage, and I hope I will do great at the 2nd phase also. Wish me luck, pals!

Sharing profit ratio is at the highest level in the industry, you get to keep 90% of the profits made. It's good to start with the smallest account of $5k if you are new to prop trading to get to know with the specs of this trading style. The entry fee is very small, only $49. Transfer are made trough a third party transfer provider, the Deel platform… very good one

Prop trading firm are really here to help us. Sure. They get their share, but how is gonna give fudns for free, provide platofrm and ensure the rest of the infrastrucure for trading? Ultimate Traders does a great job on this one.
After honing my skills I decided to participate in the assements to get funded. First time I was doing well, never violated 6% daily loss, was careful wtih leverage. However, i had a series of bad days, and though I dint have huge daily loses, overall it piled up and my total dradown touched the limit
But i checked my mistakes - now I am stronger

Prices of challenges are sky high for some prop companies. I can buy two challenges for the same price here, the 25k account costs only $169, which is cheap considering the fact that i get the money back after passing the first stage of the challenge. But minimum trading days is 3, would like to see it lower. I think 1 min trading day would be better to pass quicker.

I think news trading optionneeds to be available as paid add on only for accounts like over 50k because lower accounts may be higher risk. Sometimes news like non farm make the usual pair like EurUSD go up 100s pips. This is better to control when you have bigger account and more flexibility to trade. Also if lower accounts are more chosen by beginners this is why news trading is dangerous for them. I have 100k funded account took me a month to pass it but I value stability over quick profits, and I am enjoying that 90/10 split :)

I know there are tons of prop trading platform and it's really hard to decide which way to go. What i advice is to check reviews from other traders and see if there are complaints about withdrawals. Usually here is where the issues with prop trading firms are. With Ultimate traders i couldn't find any serious complaints, and after testing it, i can report it is a reliable platfomr

Finished stage 1 and 2 with the classic challenge in about 12 days. Needed 10% profit for the first one, which was a bit scary at first but the 12% drawdown definitely gives u more space to breathe compared to other props. The fee for a 50k account is also repaid on the first withdrawal, so considering that, the fee is reasonable. I have already got mine from the profit I made by trading eurusd and gold mostly during london session...

Props to them (no pun intended) for offering a quicker version of the standard challenge. The classic test isn't some kind of a ruthleess trial, the rules are just ment to show your actual trading skills, that's it. The fee is refundable too, can't really get much fairer than that

For me their challenges were ideal not to pass rather for the funded stage. Taking a 100k account and trading until 12% is reached with some small risk management of 0.5% for example, absolutely working concept. Plus, leverage is high. X100 for prop firms is pretty decent. And I didn't need anything else like fancy analytics to prove their challenges are worthy.

I remember it used to be once a month, but now they increased the amount and you can withdraw every 2 weeks. The thing is that you withdraw using 3rd party payment website, and they take a fee as well, so this is the price you gotta pay. What I recommend is to spend 20% premium fee on a 90/10 split add on because with every withdrawl you do you get more money.

I have done my fair share of trading with prop firms and passing challenges, but the classic 2 step challenge is the most comfortable here. First of all, they have 6% daily limit, which allows more flexibility and overall limit is 12%, much higher threshold than in most places. Sometimes that 1% can do wonders, and you can turn the tide around, this happend to me as well.
I like how they changed add ons, in the past, weekend trading was add-on, but now it's news trading and 90%. News Trading is only worth it if you can trade the news though.

I wasnt sure about this kind of business model, where you get funded a 100.000$ dollar account for literally 500$. So i started to dig up more information online and found out that its pretty popular nowadays. I wanted to try it for myself, so i bought the cheapest account for 50$. It was tough, but i managed to pass the challenge and eventually got a first payout. Overall im satisfied with ultimatetraders, as they actually pay out to their funded traders.