Ultimate Traders is a company that offers up to 90% returns on currency pairs and CFD trades. The broker is officially registered in the United Kingdom, and we know the address of its office. However, the project only appeared in 2023. Additionally, the company does not mention whether it holds a license. Do you think it is actually possible to make such high profits here?
Trading Conditions
You can work with Ultimate Traders using either the classic or fast method. Users are offered to purchase challenges, for which they need to deposit any comfortable amount, starting from $10,000. It is mentioned that the broker offers trading in currency pairs and CFDs, but specific instruments are unknown to us. The minimum trading period is 3 days, and the leverage is 1:100. There are also established maximum daily loss and refundable fees.
For additional earnings, the company offers to use the affiliate program. There are three tiers in total:
- Premier: up to 50 referrals, 10% commission.
- Elite: up to 150 invited guests, 15% bonus.
- Ultimate: over 150 friends in the structure, 20% profit.
After purchasing the challenge, verification is required. Users can contact technical support via email or chat on the website.
FAQ
Would investing in Ultimate Traders offer the best returns?
The chance to earn is quite low, as the company exhibits signs of a financial pyramid.
Does Ultimate Traders carry out withdrawals?
There is different feedback, but many people have had issues with the withdrawal of funds. Please write in the reviews if you were able to receive the money.
May I be scammed on ultimatetraders.com?
Yes, the chance of deception is high, as the Ultimate Traders’ website is very new and can disappear at any moment.
What's the best way to share my experience with Ultimate Traders?
Fill out the form and we'll make sure your voice is heard.
How can I tell if ultimatetraders.com is a fraudulent company?
Do your own research and never believe those who promise you easy money.
I created 4 trading accounts to implement various trading strategies and pass the challenge successfully. I know that it’s impossible to pass from the first attempt but let’s see what will happen!
it was obvious that i’m going to choose a classic assessment since a speedy is relaly hard for me and it’s not a simple task to prevent drawdowns not higher than 6% of initial deposit. 🤔
I used a bank card to pay 99$ for a funded account with a deposit of 10,000$. So far so good right now, wish me luck, buddies! 🙌
Also you would find reviews that rave about their intergrity and it uses T4trade a well-regulated broker for its operations.
Don't get salty. I managed to pass, I think I'm far from alone. The way they do payouts is bad (had to register on Deel, and can only get paid at the start of the month, so withdrawal is suuuuper slow), but the $ for trading compensates that.
All you need is to take time to pass without breaking rules and then take out a small consistent payouts.
I talked with its customer support team about this issue, and they said that they don’t plan to switch to another trading engine in the near future, which was reassuring. So, it can be said UT is completely reliable
With its attractive pricing - $49 for a $5000 account size - everyone can try it out and see how it would work for him.
I lack the exprience and I am aware of it, but I know the basics. Have a simple and so far working starategy, and I am very close to completing the challenge. Honestly, I was surprised how easy it was… I trade only forex and with proper position size, one can avoid breaking the rules, mainly in the name of the drawdown limits.
But I analyzed everything beforehand, don't you think I was just lucky and that is all. This platform isn't for those relying on luck. Cold head, consistency, rationality - here you go.
Passing the stages shouldt be that hard if you know whatchu doing😉😉 I ve done my fair shair of prop challenges, I'd say UT has the most balanced rules and no serious limitations, this is whY I ended up here
Now I can trade a larger account size, which was my initial goal when I decided to engage in prop trading… I have never traded with such rules, but I have enough experience, and the assessment phase proved me that I possess the skills.
i have never worked with prop trading firms and this one was my first. i'd say, I like the simplicity of conveyed informaqtion on the sitre, even if you are noob in such peculiar sphere of trading, then it's not a big deal, as besides general info there is faq section.
i chose the basic acc size where you need to pay just 99 euros. successfully ran through this assessment, the depo drawdown was about 7% which is ok.
leverage is kinda low, I wish it would be a bit bigger.
Its challenges however, Classic and Speedy, could be constituents of a more streamlined and simplified process.
Though, with a focus on transparency, flexibility, and trader support, it's a swell platform for those aiming to elevate their trading journey.
That is what I feel working with Ultimate traders.
I even have a contract in Deel.
But it’s not exactly what happens. I don't work in the company, I just use their money to make money for myself.
Fortunately, all information about services, certain details are thoroughly described there, so it wasn't a big deal for me to allocate some time and to read through the whole information.
Now I have already passed the challenge and got down to earning good money. Patience, skills and knowledge are something that valued here.
The leverage size is favorable, payouts are generous enough.
As for challenges, then they are usually passed quickly, but it depends on your skills, you know. I had no difficulties, maybe some less skillful traders would have them.
I am confident that my trading strategy is profitable and doesn't need external control.
But in order to become a client of this company I had to change my trading strategy to meet company's requirements.
Yes, it has become safer, but its profitability has decreased.
Good thing is that it is compensated by income I get. Otherwise I would have already left this place.
In any case, I get a lot of benefits from my interaction with this company. Among other things, I make a great profit.
And guess what? Ultimate traders didn't let me withdraw my money. At first, they just blamed it on a technical glitch, and then they stopped responding altogether. The main problem was that we only communicated through email. I don't even know their phone number, they simply don't provide it anywhere. In the end, I lost a significant amount of money here, and it could have been even more.