Ultimate Traders Reviews

Name: Ultimate Traders
Rating: 4.65

4.7 Rating 208 Reviews

100 %

of reviewers recommend Ultimate Traders

4.7

Based on 208 reviews

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Ultimate Traders 5 star review on 13th December 2024

Anonymous

Anonymous // 01/01/2019

Filter: Rated 4 None 5 Stars 4 Stars 3 Stars 2 Stars 1 Stars Helpful

“When it comes to capabilities I couldn’t call them superb. It’s hard to impress with a single mt4 platform. Speaking about impressions though, trading terms keep a good level even at speedy challenges”

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Posted 3 weeks ago

“Ultimate Traders=legit proprietary trading firm fair challenges for fair players was lucky enough to pass the speedy challenge, generous funding+ i feel they can add another challenge type-smth hybrid”

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Posted 3 weeks ago

“The entry fees are pretty low compared to some other popular prop trading firms”

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Posted 4 weeks ago

“Reasonable pricing, and standard trading rules. It has solid reputation, i coudln’t find any issues with traders online. I bought the $10k challenge and the spreads are okay.”

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Posted 1 month ago

“They used quite outdated software for trading, but I needed to get used to it, because of doable challenges. Max drawdown and not strict rules were too sweet, to be picky about old mt4 charts.”

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Posted 1 month ago

“They didn’t impress with the trading facilities itself, but in terms of rules and conditions did. Trading was on simple mt4 without any fancy analysis or custom solutions provided. Anyway I didn’t care much about it, as far as, I could sit on the funded account as much as I wanted. Max drawdown is that high and I had news trading allowed that it was literally challenging to blow the account.”

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Posted 1 month ago

“It’s a good prop firm that has nice fees for challenges. The 50k is the most reasonable one to buy, it costs only $299, and that fee will return if the first phase is passed. However, it’s not that easy. The rules are fine, it’s just difficult to consistently be in profits. I blew my funded account and trying to get it back by passing a challenge.”

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Posted 1 month ago

“Well I didnt get the rules well and this was the reason I blown my first account. 1 bought a 10k challenge and I didnt get it right about 6% drawdown for the day. I though if you end your day with -6% that's it, and in the day I had -6.5% but it went back to 0% not reaching my sl. But apparently that counts even if the sl wasn't triggered. Next time I was more careful and didn't drop the balance as much and made the target profit in like 2 weeks, because I was taking things really responsibly. I think support is slow a bit, but they still explained me the rules better, so thanks.”

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Posted 1 month ago

“The platfomr was inconvinet to use at first, but then I sorted it out and now it’s fine.”

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Posted 1 month ago

“I was almost there, but I failed because XAAUSD fell suddenly. I knew I shouldn’t have opened a long position there. I guess, I have to buy test again, they should make prices lower for 2-nd time.”

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Posted 1 month ago

“Made the first withdrawals, and can confirm this is legit prop trading firm”

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Posted 1 month ago

“Ultimate traders have good options for traders of any level, you can choose a classic or a speedy challenge. Price might be biteful for some people, but this flexibility in challenges is worth it.”

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Posted 1 month ago

“Read the rules and limits,they seem decent to me. about the prices of speedy challenges, those can be lower considering their leverage and so.”

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Posted 1 month ago

“went through rheir classic challenge a few weeks ago, was competetive enough, really tested my skills and caution. got lucky and passed it. I'd wish they'd reduce the number of evaluation while keeping the conditions ar making them a bit stricter for the classic”

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Posted 2 months ago

“I certainly found trading conditions, one of the most delicious in the market. Never seen max 12% drawdown, allowing to sit for months in a consolidating market and then boom, in a few weeks make it out from the slump and start reaching the profit target. Platform wise, kind of weak. Why it’s only mt4 without stocks trading. Stocks would be spot on for those choppy forex market phases.”

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Posted 2 months ago

“they have a good payout system. Beause its done through Deel, its basicaly every payment option rapped up into one. I get my profits, send to Deel, and then choose what to do next, any method.”

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Posted 2 months ago

“On the good side, here are available huge account sizes. even $200k is included for high rollers. The one i opted fro was the $100 where the challenge entry fee was $499… very good”

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Posted 2 months ago

“Speedy challenge has quite strict rules, a classic level is simpler to be honest, picked this one.”

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Posted 2 months ago

“I understand the 90/10 split add-on that you need to pay for, and I am definitely paying for that. However the news split one I don't understand because this doesn't seem rational to restrict the styles. The rest is fine, I think they have one of the most convenient overall and daily limits of all props and the prices here are rational, you just need to be profitable.”

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Posted 2 months ago

“Was worth it to me, but that's because I've been trading since 2013. If you have less experience, I believe it might be tough. The drawdowns are very strict. Have to choose a safe strategy, and trade very safely also. Worth it if you can suceed, for sure. Winners win.”

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Posted 2 months ago

Hey Emil S. Schmidt, Thank you for the great review! We appreciate your support and are grateful for your feedback. Ultimate Traders Trade our Capital

Posted 2 months ago

Ultimate Traders is rated 4.7 based on 208 reviews