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.

Costs · Platforms

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.
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

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

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Other scope: brand-wide and other-entity records

These preserved records are not restricted to the selected entity. Do not apply another entity’s terms to the entity above.

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.

Check your entityCompare with other brokers
Visit official website
Official website snapshot
An official website snapshot is not on file for this broker.

Official website snapshot

File section · 04

Trading conditions

Advertised figures are published by the broker. Observed figures are FXVeritas measurements and are not currently monitored.

Platforms
MT4 / MT5 / WebTrader / Mobile Apps
Minimum deposit
USD 20
Maximum leverage
Up to 2000:1
Base currencies
USD, EUR, AUD and TWD are advertised account-currency options
Account types
Standard / ECN / Standard Cent / ECN Cent
Commission
USD 5 per lot
Advertised minimum spread
From 1.0 pip
Swap-free option
Available
Copy trading
Available

By account type

Standard

USD 20 · Up to 2000:1 · From 1.0 pip

ECN

USD 20 · Up to 2000:1 · USD 5 per lot · From 0.0 pips

Standard Cent

USD 20 · Up to 2000:1 · From 1.0 pip

ECN Cent

USD 20 · Up to 2000:1 · From 0.0 pips

Funding and non-trading fees on file

  • Currency conversionNo Ultima Markets conversion fee; financial-institution spot rates applyUltima Markets client agreement.Official source
  • Deposit feeMost listed methods · Free; bank/intermediary transfer fees may applyUltima Markets; payment-method dependent.Official source
  • Withdrawal feeBank wire · First monthly bank wire covered; subsequent wires may cost USD 20Ultima Markets bank-wire withdrawal; provider charges may apply.Official source

Known evidence gaps

These items remain unresolved after checking the cited official sources. Unknown does not mean unavailable.

  • Base currenciesThe extracted client-agreement currency list was incomplete/ambiguous and multi-entity availability may differ.Checked source 1
  • CommissionOfficial academy states USD 5 per lot for ECN but does not state whether charged per side; the ECN Cent account page's 5 USC basis is likewise not explicit.Checked source 1Checked source 2
  • Inactivity feeNo current explicit inactivity-fee amount was established in reviewed official documents.Checked source 1

Official evidence

Advertised figures are not observed spreads. Observed data is not currently monitored. Last checked: Aug 22, 2026, 02:04 UTC

Spread intelligenceSwap intelligence

Not monitored — No observed data. Not currently monitored.

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 →