FXVeritas

Your research context: Mauritius · FSC_MU

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Scope, limitations and evidence

Regulatory registration and eligibility to open an account are separate checks.

  • Ultima Markets

    Ultima Markets (Mauritius) Ltd

    FSC_MU · GB23201593

    Regulator verification incomplete · current status unconfirmed

    Scope, limitations and evidence

    Public entity/licence records grouped by the regulator’s country.

    This does not establish resident eligibility. Check the contracting entity and access conditions separately.

    Scope, limitations and evidence ↗ · 2026-08-19

The comparison or profile below also includes brand-wide information. It may not all apply to the entities above.

Ultima Markets

Mauritius · FSC-MU

Only documents for this country/regulator. Account-opening approval remains a separate check.

Three checks before choosing

Ultima Markets (Mauritius) Ltd · MU · FSC-MU

  1. 1. Check the cost and account type

    ECN: USD5 per lot round trip, minimum 0 pips. Standard: zero commission, minimum 1 pip.

    Read the conditions

    Japanese-language disclosure names the Mauritius entity as product supplier; it does not establish Japanese authorisation or residence acceptance. MT5 example: 0.01 lot rounds USD0.025 per side to USD0.03, or USD0.06 round trip.

    Source ↗ · 2026-09-30

  2. 2. Check the tool and its limits

    Standard/ECN: MT4/MT5. Cent accounts: MT5.

    Read the conditionsSource ↗ · 2026-09-29

  3. 3. Protection for this entity

    Advertises a negative-balance reset, subject to risk assessment, approval and terms.

    Read the conditionsSource ↗ · 2026-09-29
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Sources

Costs, platforms and protection first

Ultima Markets

Mauritius · Ultima Markets (Mauritius) Ltd

Costs
ECN: USD5 per lot round trip, minimum 0 pips. Standard: zero commission, minimum 1 pip.
Platforms
Standard/ECN: MT4/MT5. Cent accounts: MT5.
Client protection
Advertises a negative-balance reset, subject to risk assessment, approval and terms.
Sources and applicability

Public documents for the named entity/account. Confirm residence acceptance when applying.

Costs

Japanese-language disclosure names the Mauritius entity as product supplier; it does not establish Japanese authorisation or residence acceptance. MT5 example: 0.01 lot rounds USD0.025 per side to USD0.03, or USD0.06 round trip.

Account comparison — ECN commission per lot / round trip; Mauritius supplier footer ↗ · 2026-09-30
PlatformsAccount comparison — platforms ↗ · 2026-09-29
Client protectionNegative balance protection — conditions ↗ · 2026-09-29

Terms for the named entities. Minimum spreads are not total costs or a cheapest-first ranking.

Before applying

For small ECN trades, check round-trip commission after MT5 rounding.

Sources ↗ · 2026-09-30
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Other scope: brand-wide and other-entity records

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Ultima Markets

  • Catalog records
Brand overview and official site

Ultima Markets operates through 3 legal entities recorded in the current FXVeritas research file across South Africa, Mauritius, and United Kingdom.

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What the research establishes

Research file review: Not recorded

Latest source check:

What you can conclude

Brand-wide research records

1 of 3 licence records have been checked against regulator information.

The applicable company, service and protections still need to be matched to your account agreement.

Important differences

Companies within the same brand can have different regulation and protections.

  • Ultima Markets (Pty) Ltd

    FSCA

  • Ultima Markets (Mauritius) Ltd

    FSC_MU

Check the contracting entity

Open items and verification notes

No additional open items are recorded in this summary. This does not mean everything has been confirmed.

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Based on the research catalog · This describes our research coverage. It does not guarantee current validity, safety or applicability to you.

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3 entity records

Research counts and additional checks

Key Facts

From catalog-applicable records.

  • 3

    Legal entities in catalog

  • 1/3

    Verified licences in catalog

  • Not recorded

    Client protection

  • Unknown

    Official-source conflicts

  • Not recorded

    Last checked

  • Catalog

    Research coverage

Related Research

Research changes

These are saved research additions, not dates when a regulator changed a licence. Previous source-check and import records remain in the audit archive.

  1. · Source check

    Ultima Markets · Ultima Markets (Mauritius) Ltd · costs source check

    Primary source ↗Open research file →

  2. · Source check

    Ultima Markets · Ultima Markets (Mauritius) Ltd · platforms source check

    Primary source ↗Open research file →

  3. · Source check

    Ultima Markets · Ultima Markets (Mauritius) Ltd · protection source check

    Primary source ↗Open research file →
View full research history →