Ultima Markets vs Vantage

Ultima Markets vs Vantage Comparison Table 2024
Ultima Markets	Vantage
Review 3.7	Review 4.7
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Ultima Markets is a forex and CFD broker, established in 2016. The firm is regulated by several financial bodies, including the CySEC. Users can trade 250+ CFDs spanning major asset classes, from currencies to stocks and commodities. As well as the industry-leading MetaTrader 4 platform, clients can use the Ultima Markets app and social trading service.	Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.
Customer Reviews
	4.3 Based on 3 Vantage customer reviews
Bonus Offer
50% Deposit Bonus up to $10,000	50% Welcome Deposit Bonus, earn redeemable rewards in the Vantage Rewards scheme
Promotions
	Vantage Rewards: Earn As You Trade Vantage Offers Free VPS Hosting
Comment by Reviewer
"Ultima Markets is best for beginners looking to speculate on popular financial markets on the reliable MetaTrader 4 platform. The minimum deposit is accessible at $50 and there are no fees when you open and fund your account. Ultima Markets will also serve traders with a large risk appetite looking for high leverage up to 1:2000."	"Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly."
Pros
Flexible trading accounts with spread-only pricing or low commission solutions Regulated by the Cyprus Securities & Exchange Commission Easy-to-use copy trading app available on Apple and Android Free deposits and withdrawals with multiple base currencies Access to the MT4 platform on desktop, web and mobile $50 minimum deposit with the Standard account Fast execution speeds averaging <20ms Very high leverage up to 1:2000	Vantage maintains its high trust score thanks to its strong reputation and top-tier regulation from the FCA and ASIC Vantage has bolstered its algorithmic trading tools for advanced traders with AutoFibo EA identifying reversal opportunities The ECN accounts are very competitive with spreads from 0.0 pips and a $1.50 commission per side There’s an excellent suite of day trading software, including the award-winning platforms MT4 and MT5 The broker has recently made efforts to expand its suite of CFDs providing further trading opportunities Vantage caters to hands-off investors with beginner-friendly social trading via ZuluTrade & Myfxbook The low minimum deposit of $50 and zero funding fees make this broker a great choice for new traders There are no short-term strategy restrictions with hedging and scalping permitted It’s quick and easy to open a live account – taking less than 5 minutes
Cons
$20,000 minimum deposit for the best trading conditions Weak regulatory oversight through the offshore branch Narrow range of trading instruments with no cryptos Slow sign-up process compared to rivals Education trails the top brokers	It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side The average execution speeds of 100ms to 250ms are slower than alternatives based on tests Unfortunately, cryptos are only available for Australian clients
Awards
	Best Trade Execution - Global Forex Awards 2023 Best CFD Broker Global - Global Brands Magazine 2024 Best Multi-Asset Broker Global - Global Business and Finance Magazine 2023 Best CFD Trading Platform - Global - International Business Magazine
Instruments
CFDs, Forex, Stocks, Indices, Commodities	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds
Demo Account
Yes	Yes
Minimum Deposit
$50	$50
Trading Platforms
UM Social UM App MT4	ProTrader MT4 MT5 TradingView DupliTrade
Payment Methods
Alipay Bitcoin Payments Mastercard UnionPay Visa Wire Transfer	Volet AstroPay Bitwallet BPAY Credit Card Debit Card FasaPay JCB Card Neteller Skrill Sticpay Swift UnionPay Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CySEC, FSC, SVGFSA	FCA, ASIC, FSCA, VFSC
Margin Trading
Yes	Yes
STP Account
No	Yes
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
The Ultima Markets app offers forex trading with fast execution speeds, dynamic charts and risk management tools. The interface is clean with customizable layouts and watchlists. The forex app is available on Apple and Android devices.	Vantage offers one of the most complete trading apps we’ve used. The crisp design and slick interface makes analyzing markets and placing trades straightforward. Changing to horizontal mode offers an optimal charting view, though frustratingly it can take a few seconds for the app to respond. Fortunately, this minor drawback is outweighed by the ease of overlaying indicators and drawing tools, plus the integrated economic calendar, newsfeed, market analysis, and even FX TV.
Android App Rating
	3.9
iOS App Rating
	3.6
Auto Trading
Expert Advisors (EAs) on MetaTrader	Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
UM Social is a copy trading app and social investing network. New users can get started in three steps by downloading the app, choosing a trader to follow and investing funds. Performance metrics are available to help users find the highest-performing traders.	Traders enjoy social and copy trading at Vantage with the MetaTrader packages, DupliTrade, ZuluTrade and Myfxbook. ZuluTrade is one of the best social trading communities, using a sophisticated algorithm to rank top signal providers.
Social Trading
Yes	Yes
Trade Signals
	Yes
VPS Hosting
Yes	Yes
Tournaments
Yes	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
No	Yes
Account Currencies
USD EUR GBP CAD AUD JPY HKD	USD EUR GBP CAD AUD NZD JPY HKD SGD PLN
Stock Exchanges
Australian Securities Exchange (ASX) DAX GER 40 Index Dow Jones S&P 500	Australian Securities Exchange (ASX) Bombay Stock Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq National Stock Exchange Of India S&P 500
Commodities
Gold Oil Silver	Cocoa Coffee Copper Cotton Gasoline Gold Natural Gas Oil Orange Juice Palladium Platinum Silver Sugar Wheat
CFD Trading
Ultima Markets offers leveraged CFDs on currencies, stocks, indices and commodities. Traders can speculate on rising and falling prices with fast execution speeds and no hidden fees. On the downside, the depth of instruments trails alternatives.	Traders can speculate on 1000+ financial markets with high leverage up to 1:500. You can bet on rising and falling prices in currencies, commodities, indices, shares, and more without owning the underlying asset. With the comprehensive choice of CFD trading platforms, users can also switch between desktop, web and mobile for a seamless trading experience.
Leverage
1:30 (EU), 1:2000 (ROW)	1:500
FTSE Spread
NA	1.0
GBPUSD Spread
0.6	0.5
Oil Spread
0.3	0.01
Stocks Spread
0.1	0.01
Forex Trading
Ultima Markets offers 30+ currency pairs, covering majors, minors and some exotics. Forex can be traded 24/5 with deep liquidity while the MT4 platform offers excellent analysis tools for active currency traders.	Vantage offers 55+ currency pairs - above the industry average, so experienced traders can explore plenty of opportunities. Vantage's deep liquidity pool provides forex spreads from 0.0 pips in the ECN account, lower than many alternatives. There are also no commissions, deposit fees or hidden charges.
Forex App
The Ultima Markets app offers forex trading with fast execution speeds, dynamic charts and risk management tools. The interface is clean with customizable layouts and watchlists. The forex app is available on Apple and Android devices.
GBPUSD Spread
0.6	0.5
EURUSD Spread
0.3	0.0
EURGBP Spread
0.6	0.5
Assets
30+	55+
Currency Indices
	USD
Cryptocurrency
Crypto trading not offered	You can trade cryptos 24/7, including Bitcoin, with up to 1:200 leverage and zero overnight fees. Various risk management tools are also available, including price alerts and stop losses. The Vantage app also offers an excellent live news feed so you can keep track of the crypto market whilst on the go.
Spread
	Floating
Coins
	ADA AVA BTC DOG EOS ETH LTC NEO SHB SOL TRX UNI XRPandmanymore
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review