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Ultimate Traders Review

51

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Very good

Revainrating 5 out of 5  
Rating 
5.0
Financial Services

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Details

Description of Ultimate Traders

Ultimate Traders is a prop trading firms that offers trading challenges for traders to prove their skills. After the completing of a challenge, traders will be given a funded trading account to trade with our funds and keep up to 90% of the profits generated.

Reviews

Global ratings 51
  • 5
    48
  • 4
    3
  • 3
    0
  • 2
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  • 1
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Type of review

Revainrating 5 out of 5

Ultimate Traders Review: A Beginner's Journey 🚀🚀

I have to admit that I have gained a LOT of insights as a new trader dealing with Ultimate Traders. It would is easy to navigat for the newies like me, making it easier to understad the colexity of trading. I consider that they offer the most extensive educational materials and instruments which enable me to anlyze the market.

Pros
  • a) Effective educaonal tools that increase self-esteem
  • b) Eye-friendly design
  • c) Responsive customer support
Cons
  • a) Technical issues that are encountered at times

Revainrating 5 out of 5

Reliable prop trading firm

Ultimate Traders is currently one of the most reliable prop trading firms. There are no scandals, or issues with traders reported online. At least I couldn’t find any. This is the major reason why I decided to give it a try. Passing the challenges was relatively easy, and after a week of trading on a funded account, the time had come to do the final test - to make a withdrawal. They still use Deel as a payment provider, and the transfer was pretty quick. 👍 Another aspect that impressed me…

Pros
  • Third-party payment provider
  • Using MetaTrader as a trading app
  • Two types of challenges
  • Solid customer support
Cons
  • None that I could find so far

Revainrating 5 out of 5

I didn’t want to choose

I didn’t want to choose a complicated sepedy challenge which many experienced traders prefer for passing the assessment. I just chose a classic chalelnge which is easier than a speedy one. 😁

Pros
  • The cost for using funded accounts is quite cheap and low!
Cons
  • It would be great to add more detailed information in the FAQ section. (●'◡'●)

Revainrating 5 out of 5

This is my path

Successfully passed the challenge and now $20k acc is mine! It was quite a difficult task for me, but I did it. I will continue developing in this direction!

Pros
  • Many accounts
Cons
  • None

Revainrating 5 out of 5

Prices are afforable for most

Even with the additional add-osn, price is still good enough. Like you can get a split up to 90%, its almost ALL of profit LOL. Also + weekend hold, for swingt traders.

Pros
  • Responsse from support is detailed
  • FAQ sectioion covers most of info needed
Cons
  • Still, support is not fast in time tho

Revainrating 5 out of 5

Not a bad prop firm

Tried it multiple times with USD/JPY, GBP/JPY, some AUD pairs. Couldn't do it. Then I did the EUR/CHF, and voila. The less volatile pairs take the cake.

Pros
  • Fair evaluation
  • Pretty sure the acc they gave me after passing is still a demo, but that is fair, I get the payouts regardless. If they feel more confident about me mby I will go to the open seas too
Cons
  • Need to care a ton. Not every asset is OK
  • Hard to practice. Had to try real accounts with less $ in them
  • Would like more general info about how it works before taking the test

Revainrating 5 out of 5

Good place to just focus on your trading

Not bad conditions arelly , I like how there are no restrictions on your styles. Trade how you want! - Classic (for maybe those who are still lerarning) - Speedy (more expereicne and ready strategy)

Pros
  • Responsive and fastly support team
  • Good flexibility on thresholds
Cons
  • MT4 only through some terminal provider...

Revainrating 5 out of 5

The risks that needs to be talked about

yaya, the risks of not completing the challenge with UT, or risks of drawdowns is real. In the long term tho, the real risk is if the government gets in the way and messes with prop firms or they go bankrupt and don't pay out. Can happen, needs to be discussed. Thats why the first payout for me is Crucial. First payout will cover the costs and put you in proft out the gate in case stuff goes sideways. If you get to 1-2 payouts, you're in the net zero, or some net positive. For me I got in a…

Pros
  • First payout got without any need to communicate to support
Cons
  • Payout happened at the start of the month, i think they do it only once a month here...

Revainrating 5 out of 5

Growing Trading Experience

Ultimate Traders provides a trade platform for every trader looking to increase their financial capabilities... They have carved a respectable niche for themselves in the trading community as evidenced by a track record of a reliable trading platform and efficient customer services. A few of the sites’ most essential advantages are that they are transparent and secure, which is fundamental to people’s trust.

Pros
  • a) User-friendly interface
  • b) Inclusive list of trading instruments
  • c) Quick order execution
  • d) Responsive customer support
Cons
  • a) Limited educational resources
  • b) The other disadvantage is that this service costs more than some of its rivals and competitors.

Revainrating 5 out of 5

For diluting routine

In fact this is a cool place if you wanna dilute your traing routine. Fr, you just pass the challenge, meeting all the requirements, and then start trading getting up to 90% of made profits. Switch hte focus, guys!

Pros
  • There are some obvious advantages of this prop trading firm, i.e. variety of accounts with different amount of money on them, rather low payment per each plan + it can be refunded.
Cons
  • I would like to see here at least one more trading paltform. I know this one is powered by T4trade, but wanna see an alternative to MT.

Revainrating 5 out of 5

Not bad if you know what you're doing

I traded for people in the past, but there was always drama. Here I don't have that- they leave me alone to trade and earn profits for them and for me.

Pros
  • - Reltaively easy to pass, compaired to other prop firms
Cons
  • - Trailing draw downs is where it gets complicated. Youtube can explain that, learn about it at least.

Revainrating 5 out of 5

Ultimate Traders company

Ultimate Trades is an ideal copmany for those who want to become a funded trader in the future or right now because the conditions which they provide for passing the assessment are great. The trading platform is comfortable to use and there are a lot of advanced features for successful trading. I wanted to find detailed information about the difference between challenges and luckily the support team explained all the nuances. Thank you guys for this help! So far I chose a classic chalelnge and

Pros
  • The percent of payouts after passing the assessment are huge.
Cons
  • The technical support sometimes answers slowly but surely with detailed explanations.

Revainrating 5 out of 5

It's really affects my result

Now I understand that if this prop company provided its traders with some other trading platform, then I'm not sure that I would be able to get positive result...... It's crucial for me to be able to use some tools!!! And I got such opportunity here at Ultimate Traders

Pros
  • +++ Platform that I got here I can use so as to get positive results
Cons
  • You know, I can't name any disadvantages. And I don't want to!
  • It seems that this prop company and platform that I now use every day for trading working fine

Revainrating 5 out of 5

Seriously good

a reputable prop trading firm. Attractive trading rules. Perfect record history for payments. Excellent profit-sharing ratio. Competitive price for each account size. All good 👍

Pros
  • Reliable payments
Cons
  • No edu resources

Revainrating 5 out of 5

Attractive one

I want to say that this platform is an interesting alternative to traditional trading. I passed through the challenge and started to trade and earn profits. Support helped me to understand profit payout scheme. *-*

Pros
  • Presence of several ways how to pass through assessment
  • Quite a big leverage
Cons
  • There are no significant drawbacks

Revainrating 5 out of 5

Flexible rules

Rules are versatile indeed, min. 3 days of trading is adequate. Also many options to trade, comfortable. Also the platform is nice, MT4 has got all the feautures that traders may ever need.

Pros
  • Many accounts
Cons
  • Speedy is a bit costly

Revainrating 5 out of 5

affordable

With such low entry reqirements, i guess anyone can afford to open even the smallest account size of $5000 for 49 bucks. Pretty good job if you ask me...👍

Pros
  • ✅Two types of challenges
Cons
  • ❌None I could find

Revainrating 5 out of 5

Pretty comfortable rules

What I like about ultimate traders is price, very little price for getsting a whole account with much equity. But I am still kjinda learning to trade so I dont expect to pass right away...

Pros
  • Clear rules without hidden limits
  • Good selection of chalenges + speedy mode🚗
Cons
  • Platform looks a bit outdsated😟

Revainrating 5 out of 5

Prominent in the prop trading sphere

I researched the credibility of this firm and it’s actually not bad. A lot of good feedback, especially in the times when prop trading is not in its prime.

Pros
  • High leverage is definitely a plus. Also the permission to use EAs and scalping is great
Cons
  • MT4 is too old... MT5 would be more preferable

Revainrating 5 out of 5

I chose a speedy challenge

I chose a speedy chalelnge when I signed up for this company. I’m pretty sure that I will be able to pass the assesmsent. This is a company for those who want to become a funded trader.

Pros
  • -The costs of funded accounts are quite lower compared to other prop companies.
Cons
  • -The technical support answers my questions slowly but surely.