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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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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 →