Side-by-side regulation, licences, protection facts and source coverage.
Mauritius · FSC_MU
Only the selected country and entities. Not account approval or a safety rating.
What will you pay for?
MU · Ultima Markets (Mauritius) Ltd
ECN: USD5 per lot round trip, minimum 0 pips. Standard: zero commission, minimum 1 pip.
Public documents for the named entity/account. Confirm residence acceptance when applying.
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 ↗ · 2026-09-30Which tools can you use?
MU · Ultima Markets (Mauritius) Ltd
Standard/ECN: MT4/MT5. Cent accounts: MT5.
Public documents for the named entity/account. Confirm residence acceptance when applying.
Who is covered, and how?
MU · Ultima Markets (Mauritius) Ltd
Advertises a negative-balance reset, subject to risk assessment, approval and terms.
Public documents for the named entity/account. Confirm residence acceptance when applying.
Swipe horizontally to compare the same field.
| Costs | Ultima MarketsMU · Ultima Markets (Mauritius) LtdSources and caveats ↗ · 2026-09-30 |
|---|---|
| Published minimum spread | Standard1 pip Pair unspecified ECN0 pips Pair unspecified |
| Trading commission | StandardUSD0 ECNUSD5 per lot / round trip MT5 0.01 lot: rounding makes USD0.06 round trip. |
| Holding charges | Figure not recorded |
| Currency conversion | Figure not recorded |
| Other charges | Figure not recorded |
Compare only matching accounts, instruments and currencies. Unrecorded does not mean free. Minimums are not observed averages.
Ultima Markets (Mauritius) Ltd: ECN: USD5 per lot round trip, minimum 0 pips. Standard: zero commission, minimum 1 pip.
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 ↗ · 2026-09-30For small ECN trades, check round-trip commission after MT5 rounding. Read official source ↗
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1 broker in this comparison
Ultima Markets
Add another broker to compare entities, licences and protection evidence.
Only evidence for the selected country and entity. Unrecorded does not mean absent.
Ultima Markets
Ultima Markets (Mauritius) Ltd
Ultima Markets
Unconfirmed in this scope
Ultima Markets
Ultima Markets (Mauritius) Ltd: ECN: USD5 per lot round trip, minimum 0 pips. Standard: zero commission, minimum 1 pip.
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 ↗ · 2026-09-30Ultima Markets
Ultima Markets (Mauritius) Ltd: Advertises a negative-balance reset, subject to risk assessment, approval and terms.
Source ↗ · 2026-09-29Ultima Markets
Ultima Markets (Mauritius) Ltd: Standard/ECN: MT4/MT5. Cent accounts: MT5.
Source ↗ · 2026-09-29Ultima Markets
For small ECN trades, check round-trip commission after MT5 rounding.
Source ↗ · 2026-09-30Ultima Markets (Mauritius) Ltd
FSC_MU · GB23201593
Regulator verification incomplete · current status unconfirmed
This does not establish resident eligibility. Check the contracting entity and access conditions separately.
Public entity/licence records grouped by the regulator’s country.
Provider source · Consulted: 2026-08-19
This catalog comparison is not limited to the selected country or entities. Do not apply another entity’s protections to the entities above.
| Compare brokers | 1 verified of 32 unresolved |
|---|---|
Evidence SnapshotCatalog-applicable coverage counts currently recorded for each file. | |
| Recorded legal entitiesDifferent | 3 recorded |
| Catalog-applicable entitiesDifferent | 3 displayed |
| Recorded licencesDifferent | 3 recorded |
| Verified catalog licencesDifferent | 1 of 3 recorded licences |
| Unverified catalog licencesDifferent | 2 unverified |
| Primary regulator sourcesDifferent | 3 sources available |
| Protection recordsDifferent | Recorded for 0 of 3 entities |
| Regulatory eventsDifferent | Not recorded in this file |
| Evidence freshnessDifferent | Sep 30, 2026 |
| Unresolved comparison issuesDifferent |
|
| Research confidenceDifferentFile completeness / evidence coverage. Not a safety rating. | Medium |
| Profile facts checkedDifferent | — |
| Data coverageDifferent | Basic profile |
| Evidence limitationsDifferent |
|
| Official websiteDifferentStored website URL. Not an open-account destination. | ultimamarkets.com |
Entities & RegulationLicences attach to legal entities, not marketing brands. | |
| Legal entitiesDifferentEach licence stays attached to its legal entity. | 3 entities 3 licences · 1 verified of 3 · 2 unresolved · FSCA · FSC_MU · FCA View entity detail
|
| Stored regulatory eventsAbsence of a stored event is not a finding. | Not in this file yet |
Client ProtectionClient-money facts are stored by legal entity. | |
| Negative balance protectionDifferent | Not recorded in this file |
| Segregated client fundsDifferent | Not recorded in this file |
| Investor compensationDifferent | Not recorded in this file |
Trading & PlatformsAdvertised account figures and recorded platforms on file. | |
| Execution modelDifferentNot recorded as a separate field in this file. | Not in this file yet |
| Advertised spreadDifferent | Not in this file yet |
| CommissionDifferent | Not in this file yet |
| LeverageDifferent | Not in this file yet |
| Minimum depositDifferent | Not in this file yet |
| Instrument coverageDifferent | Not in this file yet |
| PlatformsDifferent | Not in this file yet |
| Account typesDifferent | Not in this file yet |
| Base currenciesDifferent | Not in this file yet |
Catalog-applicable coverage counts currently recorded for each file.
Unresolved comparison issues
DifferentResearch confidence
DifferentFile completeness / evidence coverage. Not a safety rating.
Evidence limitations
DifferentOfficial website
DifferentStored website URL. Not an open-account destination.
Licences attach to legal entities, not marketing brands.
Legal entities
DifferentEach licence stays attached to its legal entity.
3 entities
3 licences · 1 verified of 3 · 2 unresolved · FSCA · FSC_MU · FCA
Ultima Markets (Pty) Ltd
South Africa · K2021950694
Catalog-applicable to this website
FSCA · 52497
Unverified · Not independently recorded
Official broker sourceUltima Markets (Mauritius) Ltd
Mauritius
Catalog-applicable to this website
FSC_MU · GB23201593
Unverified · Not independently recorded
Official broker sourceUltima Markets UK Limited
United Kingdom
Catalog-applicable to this website
FCA · 470325
Matched to regulator records · Active
FCA registerStored regulatory events
Absence of a stored event is not a finding.
Client-money facts are stored by legal entity.
Negative balance protection
DifferentAdvertised account figures and recorded platforms on file.
Execution model
DifferentNot recorded as a separate field in this file.
Check the contracting entity and current terms on the official website before applying. A website link does not confirm account approval.
Our view is based on catalog-applicable evidence only.
Always review the full research files and official sources.
Legal entities recorded
Verified catalog licences
Licence records with source links
Unresolved comparison issues
Client-protection evidence
Research confidence
Last verified (current scope)
Side-by-side recorded values only. This summary does not score, rank or determine an evidence advantage.
Research still outstanding
These cards list open comparison issues in the current research files. They are research still outstanding — not findings against a broker.
More open research issues does not mean a broker is less safe.
Unresolved comparison issuesIssue types found in the current research file. Each issue counts once, not once per licence. Unresolved is not the same as adverse. These are issue categories, not licence counts. Catalog-applicable licence counts are listed separately below.
Missing coverageRows marked Not in this file yet in the table above are missing coverage, which is a different gap from an unresolved comparison issue.
Ultima Markets
2 unresolved comparison issues
Jump to a chapter of the audit record below. Every section is rendered in full on this page.
Blue = verified record · Orange = unresolved / incomplete research · Gray = not in file / not monitored / not applicable · Colors indicate evidence status, not broker safety.
Ultima Markets
3 legal entities in scope and 1 of 3 licences verified. Client-protection evidence is not recorded in this scope.
