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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.

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

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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

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Open items and verification notes

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3 entity records

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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 →