Check out our latest communities fighting
AI scams on Reddit and Facebook

website thubmnail of Ultimate Traders

Ultimate TradersReviews 112

4.7

On SmartCustomer, businesses may not offer incentives or pay to remove reviews. Learn more about our Review Guidelines.

How would you rate Ultimate Traders?
grey stargrey stargrey stargrey stargrey star

Ultimate Traders Reviews Summary

Ultimate Traders has a rating of 4.7 stars from 112 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Ultimate Traders most frequently mention classic challenge, trading firm and funded stage. Ultimate Traders ranks 10th among Personal Finance sites.

service
7
value
3
quality
36

We monitor reviews for authenticity

South Africa
1 review
3 helpful votes
Follow Barry S.
Unfollow Barry S.
Share Review
Report Review

I was reading a lot of reviews about Ultimate Traders on various financial websites before joining them and after cooperating with this organization for a while I can say this is a reputable prop trading company.
They offer pretty competitive prices on plans and currently I'm passing the assessment on a classic challenge and on the way to achieving the required result.

Date of experience: July 14, 2024
Ultimate Traders R. — Ultimate Traders Rep
8 months ago

Hey Barry S.,

Thank you so much for your great review. We appreciate your feedback and glad you had a positive experience.

Ultimate Traders
Trade our Capital

Mexico
1 review
0 helpful votes
Follow Pepe C.
Unfollow Pepe C.
Share Review
Report Review

Solid prop trading firm with history. I suppose for beginners it will be challenging cuz i didn't find any tutorials or education anywhere.
So i recommend to research the topic before. In any case the game is worth the candle. 10x purchasing power is a big deal when it comes to profitability.

Date of experience: July 12, 2024
Ultimate Traders R. — Ultimate Traders Rep
8 months ago

Hello Pepe C.,

Thank you for your fair and balanced review. We're pleased to know you're enjoying your experience with Ultimate Traders. If you have any issues or need further assistance in the future, please don't hesitate to reach out. We're here to help.

Ultimate Traders
Trade our Capital

Chile
1 review
0 helpful votes
Follow Patricio P.
Unfollow Patricio P.
Share Review
Report Review

I have been able to deposit and withdraw my money through crypto through coinbase and I can say it’s one of the easiest things that could have been provided to any trader. There are other methods like the E wallets, card method and so on.

Date of experience: July 2, 2024
Ultimate Traders R. — Ultimate Traders Rep
8 months ago

Hi Patricio P.,

Thank you for your positive feedback! We appreciate your support.

Ultimate Traders
Trade our Capital

South Africa
1 review
0 helpful votes
Follow Gavin T.
Unfollow Gavin T.
Share Review
Report Review

It's so good seeing other traders like myself commend a prop firm for the good work that they are putting into their platform and ever since I joined it's been wonderful!

Date of experience: June 28, 2024
Mexico
1 review
0 helpful votes
Follow Manuel M.
Unfollow Manuel M.
Share Review
Report Review

The features offered here are very functional and not just decorative, especially the analytical features and tools they have proven to be very effective!

Date of experience: June 27, 2024
South Africa
1 review
0 helpful votes
Follow Stefan N.
Unfollow Stefan N.
Share Review
Report Review

Prop trading is by far the best way to make money, in Forex especially. When you see PAMM accounts or copy-trading accounts, the most succesfull ones trade with $200-$300k, up to a $million. But usually have just 1k-4k of their own money. Ever wonder why? Think.

They can have unlimited number of accounts, but they dont have unlimited money. It's as simple as that.

These guys give you a chance at that life with $49, basically. A price of a steam game. No need to network, to find your own investors, to prove yourself year after year, jsut grinding.

Date of experience: June 17, 2024
Mexico
1 review
1 helpful vote
Follow Eduardo L.
Unfollow Eduardo L.
Share Review
Report Review

Cool plans here
June 9, 2024

I really like the gradation of plans they offer as even if you don't have enough money to get the fattest plan, you can start off having just $49.
Everything is done via Deel payment system, quite a modern payment platform.
So I ain't have any quibbles to this prop trading firm. Everything works fine, without serious troubles or smth. Challenge is passed quickly in my case.

Date of experience: June 9, 2024
Kenya
1 review
0 helpful votes
Follow Anjawon b.
Unfollow Anjawon b.
Share Review
Report Review

Trading on this platform is not easy per se, but there are a lot of benefits that I have for using the platform, such as the 90% profit split. That is just wow.

Date of experience: June 5, 2024
Chile
1 review
0 helpful votes
Follow Victorio R.
Unfollow Victorio R.
Share Review
Report Review

The platform provides access to various instruments and good leverage. The trading limits are also fair in my opinion, and very workable.

Date of experience: June 3, 2024
Argentina
1 review
0 helpful votes
Follow Montel J.
Unfollow Montel J.
Share Review
Report Review

I used to deal with the prop trading before and it wasn't a successful experience. I am not sure what was wrong back then, I guess the trading conditions and the trading platform were not for me.
The leverage was too low around 1:30 and the platform was custom so it wasn't very comfortable for me to open my deals in no time.
Ultimate traders provide good old MT4 that is very familiar and reliable. And the choice of assets and their leverage is high enough to get to the profitability threshold with ease.

Date of experience: May 29, 2024
Mexico
1 review
0 helpful votes
Follow Ignazio O.
Unfollow Ignazio O.
Share Review
Report Review

When it comes to choosing the right prop trading platform, the most important aspect for me is how they handle payouts. I read a lot of positive reviews about Ultimate Traders, which made me start trading on this platform.
I have made two withdrawals so far, and I would say that they were like withdrawing money from an ATM, but very close to that :D

Date of experience: May 26, 2024
Peru
1 review
0 helpful votes
Follow Pablo Z.
Unfollow Pablo Z.
Share Review
Report Review

Speedy challenge
May 15, 2024

I chose a speedy challenge for passing the assessment and fortunately I passed the challenge but to be honest the rules of this challenge are really strict.

Date of experience: May 15, 2024
Colombia
1 review
0 helpful votes
Follow Julio M.
Unfollow Julio M.
Share Review
Report Review

Trading platform
May 12, 2024

Well, I have heard a lot about this prop trading company and lately they became quite popular in the trading field and of course I couldn't help but notice that and I decided to join this company and show what I have got.
They offer two types of challenges which traders can choose from and I chose speedy challenge because I prefer trading scalping and it is better for me. By the way, the trading platform is multifunctional and it has many valuable features that make trading more interesting. In case of questions, their support team is always ready to help me.

Date of experience: May 12, 2024
South Africa
1 review
0 helpful votes
Follow Gregory D.
Unfollow Gregory D.
Share Review
Report Review

Credibility issue
May 12, 2024

There is always a concern going on with the prop trading. Especially with the latest situation with prop trading first in the US.
However, I double checked all the information about Ultimate traders before assessment. So it can be said that I made my assessment of UT:)
I think it's one of the most credible firms right now. They even have the office in the UK to resolve all the legal disputes on the ground.

Date of experience: May 11, 2024
South Africa
1 review
0 helpful votes
Follow Markael H.
Unfollow Markael H.
Share Review
Report Review

Finally, I came to prop trading. This is what I wanted to try back in the day, but I had to postpone this venture for a better period. Recently decided to get into it.
Actually, assessment was passed easily, I didn't put a lot of effort since I can call myself a consistent and skillful trader, so my daily and max drawdowns of the deposit were hilarious, like 1% or 2%.
Everything was cool, I traded my favorite aud/cad, eur/usd pairs, tracked news and such key points as CPI rates, traded on level breakouts or price pullbacks and had no troubles.
Good platform.

Date of experience: May 9, 2024
Chile
1 review
0 helpful votes
Follow Lalo F.
Unfollow Lalo F.
Share Review
Report Review

Giving a huge deposit to their users to start, which increases their potential of making huge profits is one reason why ultimate trades will be most traders favorite. Although you have to pass some test phases, it's worth it.

Date of experience: May 6, 2024
Uruguay
1 review
0 helpful votes
Follow Rio B.
Unfollow Rio B.
Share Review
Report Review

Prop trading was smth new to me, but due to their website, comprehensive FAQ and customer support I understood the speicificty eventually.
And surely I had no serious hardships while passing through assessment since 12% of drawdown is cool, I had just 5% =)
I am not a pro, just spend more time analyzing the market and make more prudent decisions without rushing.

Date of experience: April 27, 2024
Argentina
1 review
0 helpful votes
Follow Tejano I.
Unfollow Tejano I.
Share Review
Report Review

Fine prop trading.
April 28, 2024

I've not always been fine with prop trading, but when I was made to understand that I could retain up to ninety percent of the profits, it was an easy choice.

Date of experience: April 26, 2024
Mexico
1 review
0 helpful votes
Follow Juan P.
Unfollow Juan P.
Share Review
Report Review

Alternative platform
April 27, 2024

In my opinion, those requirements imposed by the firm for traders are cool enough. However, I wish there was at least oe more trading platform. Just a kind of alternative.

Date of experience: April 25, 2024
South Africa
1 review
0 helpful votes
Follow kwanzaa H.
Unfollow kwanzaa H.
Share Review
Report Review

That's good
April 23, 2024

That's good.
I passed through classic challenge quickly, nothing impeded me at all, because conditions for going through it are favorable. My overall account drawdown was way smaller than the pre-set threshold and that is cool.
Perhaps... I don't really like the leverage size, nevertheless knowing that you can manage a huge account means big leverage isn't super necessary here.

Date of experience: April 22, 2024

From the business

Ultimate Traders is a prop trading firms that offers trading challenges for traders to prove their skills. After the completing of a challenge, traders will be given a funded trading account to trade with our funds and keep up to 90% of the profits generated.