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Ultimate TradersReviews 112

4.7

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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

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Peru
1 review
1 helpful vote
Follow Gael M.
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Platform that fits
April 21, 2024

One of the main requirements for this prop company was what kind of trading platform I would get. My trading strategy strongly depends on what tools I use for trading. Therefore, success of my trading depends on which platform is available to me here. I simply wouldn't be able to pass assessment if I didn't have opportunity to trade on such platform.

Date of experience: April 20, 2024
Chile
1 review
2 helpful votes
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They pay instantly
April 13, 2024

If you are wondering what prop trading firm to choose from the vast pool and can't make up your mind, then go with the one that pays out the profits instantly.
Ultimate Traders has never held or postponed any of the withdrawal requests. I have been withdrawing funds from my trading account a couple of times in the last two months, and it has always been done smoothly and promptly from their side.
As for their trading rules, I think they do quite well, too. While the average profit share ratio is around 80%, with Ultimate Traders, I keep 90% of the profits made 👍

Date of experience: April 11, 2024
Mexico
1 review
0 helpful votes
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Ultimate Traders
April 11, 2024

I've been looking for a long time for a prop company that offers suitable conditions for me to show what I have got.I admit this is the best prop company with favorable conditions.

Date of experience: April 10, 2024
South Africa
1 review
0 helpful votes
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Ultimate traders present a smooth solution in my trading adventure. Thanks to them, I did boost my trading knowledge. What about customer support? They have experts, what I say in short. To summarise, ultimate traders changed my perspective on graphs. Now, it's easy to make some technical or fundamental analyses.

Date of experience: March 31, 2024
Peru
1 review
1 helpful vote
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Got quite ambiguous impression, I'll explain:
On the one hand, it's a transparent mechanism where you pay money, pass the assessment and start trading concurrently earning yield, but on the other hand, I don't think their requirements are truly user-friendly. For me 12% of overall loss seems to be quite...small. Wish it was around 15%.
But it's just me🤷‍

Date of experience: March 13, 2024
Mexico
1 review
0 helpful votes
Follow erasmo a.
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To be honest, I was a little worried that I wouldn't pass. Although I had prepared pretty well.
This company doesn't hide its requirements for traders and I tested my abilities on my broker's demo account before taking assessment.
I tried trading on Ultimate Traders rules to make sure I could pass this assessment.
I realized that if I followed my strategy exactly, I could pass. And as a result, I was right. I passed assessment on the first try and now I am a trader in this company!

Date of experience: March 13, 2024
South Africa
1 review
0 helpful votes
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As it turns out, passing assessment was easier than it looks.
I just traded carefully and didn't take unnecessary risks.
And finally got positive result.

Date of experience: March 9, 2024
Peru
1 review
0 helpful votes
Follow Beinvenido L.
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Thanks bros!
March 7, 2024

It was very... tough to me to start trading with the Ultimate Traders, because I ain't have any prior experience of working with the prop trading firms. I heard of them, I even noticed some reviews, but as for personal experience - no, any.
Nevertheless, I overpowered myself, entered the platform, did a quick research and chose classic challenge with the minimum available sum under management - $5k. It was a good experience for me, I easily met the requirements and now I even receive payouts which are quite generous out here. Thanks, bros! It's better than classical trading.

Date of experience: March 6, 2024
Mexico
1 review
1 helpful vote
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This prop trading firm has ingeniously devised the rules for calling a trade. I chose the classic trading challenge and successfully passed all the rules. During this time, I have gained a lot in disciplined trading and have become more successful in making profits. This is a very tough test for every trader.

Date of experience: March 5, 2024
South Africa
1 review
0 helpful votes
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Just props to y'all
February 29, 2024

I thought that I, with my 2-months experience, wouldn't be able to start working with the firm of such a caliber as the Ultimate Traders. But no! Their requirements for getting through challenges are user-friendly, you ain't need to be an exceptional professional with "green deals" in the trading history. Small mistakes are forgiven here. Thanks guys, for such experience!

Date of experience: February 29, 2024
Mexico
1 review
0 helpful votes
Follow Ramon a.
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Not referring to the limits and the rules, but the actual trading conditions.
Those conditions for trading like tight spreads, good and flexible leverage, many trading instruments and market access, etc.
As for the profit share model, I think it is really good. It gets up to ninety percent for the trader.

Date of experience: February 19, 2024
South Africa
1 review
1 helpful vote
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Really nice
February 19, 2024

I was totally drawn by their up to $400k funding promise and that sweet 90% profit cut. They are keeping their promise.

They're not stingy on leverage, very generous on forex pairs side. They're flexible with the trading platforms as well. What really sets them apart for me is the ability to tweak the challenge rules. Like, you can adjust stuff to suit your style, which is dope for those who wanna join. The cost to get in varies by account size, but it's fair. The profit share and flexibility are a real catch. Just hoping it keeps up as they grow.

Date of experience: February 18, 2024
DO
1 review
0 helpful votes
Follow Emiliano L.
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There are so many obvious perks of trading with ultimate traders. Trading with a bigger account is a very apparent advantage of all prop trading platforms.

However, other advantages to trading with ultimate traders include the trading conditions and limits. The limits are set very appropriately and fairly. Traders have enough daily drawdown allowance, overall drawdown, trading leverage, EAs, and so on.

You can trade as you wish with ultimate traders.

Date of experience: January 30, 2024
Chile
1 review
1 helpful vote
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Ready to go
January 20, 2024

Just got my confirmation about my funded account! I went through the classic challenge because i was not in a hurry, plus the targets were pretty simple to hit. It's going to be great.

Date of experience: January 19, 2024
South Africa
1 review
1 helpful vote
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My experience here
January 16, 2024

I had an experience of working with prop trading firms, but all of them were mediocre. This one is another sort of company. I mean, the niche it takes is the same, it allows you to operate rather big volumes if you preliminary prove your competence as a trader, I have never faced companies that would offer more than $100k under management. This one offers even $400k. Awesome.

Date of experience: January 15, 2024
South Africa
1 review
0 helpful votes
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Solid solution
January 8, 2024

Not a bad solution for traders with a particular knowledge base.
I can't say that complete rookie aren't welcomed here, but it would be veeeery ardous for them to pass the challenge. The company doesn't educate on trading, it gives the opportunity to trade bigger volumes than a typical, retail trader can afford himself on his own.
For this you ought to pay a kind of entrance fee, but if you are skillful then it's paid off quickly. Plus, afaik, there's a chance to get the fee refunded.
I assume that Ultimate traders platform backed up by T4Trade broker is a solid solution.👍

Date of experience: January 8, 2024
Zambia
1 review
1 helpful vote
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2-step evaluation.
December 24, 2023

I don't think that any other prop trading firm offers a 2-step evaluation besides Ultimate traders.
And what it does, it relieves a good amount of pressure from the trader's shoulders generally speaking. Therefore it is easier to pass this evaluation.
It's not a breeze by any stretch of imagination, but it's good to be backed by the company, instead of getting hurdled by.

Date of experience: December 23, 2023
Colombia
1 review
0 helpful votes
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Speedy assessment
December 20, 2023

It's great that for impatient traders like me they have opportunity to pass assessment more quickly.
I think it gives those traders who are confident in themselves chance to start real trading as soon as possible.

Date of experience: December 18, 2023
Mexico
1 review
0 helpful votes
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I like transparency
December 17, 2023

It's great that company has made sure that customers have all information about rules.
No matter how you feel about rules, it's much better when you know about them in advance.

Date of experience: December 14, 2023
Chile
1 review
0 helpful votes
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When I compare this prop trading platform to other prop trading platforms that I have come across in the past, I appreciate some of the freedoms here.

Date of experience: December 12, 2023

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.