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Ultimate TradersReviews 85

4.8
How would you rate Ultimate Traders?
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Ultimate Traders Reviews Summary

Ultimate Traders has a rating of 4.8 stars from 85 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Ultimate Traders most frequently mention classic challenge, risk management and funded account. Ultimate Traders ranks 8th among Personal Finance sites.

service
7
value
3
quality
9
Kenya
1 review
0 helpful votes
Follow Anjawon b.
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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
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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
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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.
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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
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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
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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
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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.
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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.
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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.
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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
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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
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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
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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
Peru
1 review
1 helpful vote
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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
Follow Wyees L.
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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
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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

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.


ultimatetraders.com
London, United Kingdom