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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
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
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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
South Africa
1 review
0 helpful votes
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It took me a week
December 14, 2023

I opted for the Classic Challenge for the $10,000 account size.
It took me a week, or 5 trading days to pass both phases of the challenge.

Maybe I had a lucky strike, maybe I risked a bit more than I was supposed to, but reaching 15% profit is a pretty doable task. Even if you take it slower, I think two weeks is enough.

Date of experience: December 12, 2023
South Africa
1 review
0 helpful votes
Follow Jaun W.
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This is a whole new experience for me.
Before I got involved with this company, the only limitation to my trading was profit. Now I have to follow the rules.
But I must say that these rules are logical and reasonable. Thanks to them, I will be able to earn a stable income. And thanks to company this income will be bigger.

Date of experience: December 10, 2023
Mexico
1 review
1 helpful vote
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Even though they offer a Speedy challenge, the Classic challenge is quite speedy as well
Especially if you compare it to challenges at other prop trading firms…
The only difference is that after you pass the first phase of 10% profits, you will need to pass another phase with a 5% profit gain. But it will instil confidence in you and you will be better prepared.

Date of experience: December 1, 2023
Colombia
1 review
2 helpful votes
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This is the very new experience for me. Not the trading, but the trading with the prop trading firm, as they call them.
In short I decided to try Ultimate traders mostly because I have a proper trading strategy but I don't have access to the bigger capitals.
I suppose 99% of the clients here came for the same reason.

But also I'd like to say that the working conditions are one of the best. I mean leverage is high, execution raises no questions. And I get to tarde on the most convenient trading platform, which is MT4.
So far so good.

Date of experience: November 28, 2023
Mexico
1 review
1 helpful vote
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An unbiased opinion
November 23, 2023

I'm not really impressed because their 2-step evaluation seems to be dragged down a bit. Well, it may be stated that there are even 3 steps, because two first are for evaluation and the third one already allows you to earn money.
At the same time, from the point of allocated payouts for account managers, these guys excel. They really pay good money.

Date of experience: November 22, 2023
Mexico
1 review
0 helpful votes
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And two main reasons have a big role in this - the FEE, which is pretty small and reasonable if compared to other similar programs, and the CHALLENGE, which is quite an easy task even for not-so-advanced traders and can be achieved relatively quickly. You won't need 30 days or similar like the challenges in other firms.

Date of experience: November 20, 2023
Mexico
1 review
0 helpful votes
Follow Juan F.
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There is an ultimate flexibility about the Ultimate traders:)
I mean the evaluation of the skills procedure can be 1-step or 2-step depending on your experience level.
If you feel comfortable on the forex market, and have everything that is required, namely the proper trading strategy and emotional control, then it's better to take 1-step and pass it quickly.

However for beginners wanting to partake in this exciting endeavor, Ultimate traders offer to take a 2-step process and trade at their comfortable pace.
There is also a MT4 trading platform available as the main platform. Hopefully we will see MT5 too, since it is way more suitable for scalpers.

Date of experience: November 15, 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.


ultimatetraders.com
London, United Kingdom