Comparison of AMarkets and Ultima Markets
| Feature | AMarkets | Ultima Markets |
|---|---|---|
| Broker | ||
| Year Founded | 2007 | 2009 |
| Broker Type | ECN, STP | MM, STP, ECN |
| Dealing | A-book, B-book | A-book, B-book |
| Execution | Instant, Market | Market |
| Regulation | FSC, MISA, SVGFSA | FSC, CySEC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4) |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:3000 | 1:2000 |
| Minimum Deposit | $100 | $20 |
| Base Currencies | USD, RUB | USD, EUR, GBP, CAD, AUD, NZD, SGD, HKD, JPY |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Neteller, Perfect Money, Tether (USDT), Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) | Bank Wire, Credit Card, Debit Card, Alipay, Bitcoin (BTC), Tether (USDT) |
| Inactivity Fee | ✖ | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | from 1.8% via credit card | ✖ |
| Investor Protection | Financialcommission.org | Investor Compensation Fund (ICF) |
| Protection Size | €20 000 | €20 000 |
| Segregated Accounts | ✖ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✔ | ✔ |
| VPS | ✖ | ✔ |
| MAM/PAMM | ✖ | ✔ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✖ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, Cryptocurrencies, Bonds, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies |
| Review | AMarkets Review | Ultima Markets Review |
About AMarkets
Established in 2007, AMarkets has built a solid reputation in the forex and CFD trading industry. Operating from the island of Mwali (Comoros), AMarkets offers traders access to a diverse range of trading instruments, including currency pairs, commodities, indices, shares, ETFs, bonds, futures, and cryptocurrencies. Catering to a global clientele across Latin America, Asia, and the Commonwealth of Independent States (CIS), AMarkets provides various account types tailored to different trading preferences. Notably, their ECN accounts feature competitive floating spreads starting as low as 0 pips. Traders can choose from three robust trading platforms: the widely acclaimed MetaTrader 4 and MetaTrader 5, as well as an intuitive web-based platform. Additionally, AMarkets supports copy trading through its proprietary platform and integrates third-party tools like AutoChartist to enhance trading strategies.
Pros
- Advanced trading platforms
- Wide range of trading instruments
- Multiple account types
- Comprehensive research and educational resources
- Copy trading
- Support for copy trading and third-party tools
- 24/7 customer support
- VPS hosting available for automated trading
Cons
- Limited regulatory oversight
- Withdrawal fees applicable
About Ultima Markets
Ultima Markets is a reputable Forex broker established with a commitment to providing a comprehensive trading environment for both novice and seasoned traders. Offering a wide range of financial instruments, including major and minor currency pairs, commodities, indices, and cryptocurrencies, Ultima Markets ensures diverse trading opportunities. With competitive spreads, flexible leverage options up to 1:2000, and a low minimum deposit requirement, Ultima Markets appeals to a broad spectrum of traders. Additionally, the broker emphasizes security and transparency by being regulated by reputable financial authorities, ensuring that clients' funds are safeguarded. Responsive customer support available 24/5, and advanced trading tools further enhance the trading experience, making Ultima Markets a compelling choice for individuals seeking a reliable and feature-rich Forex brokerage.
Pros
- Offers multiple account options
- Provides access to a variety of financial instruments
- Features competitive spreads and leverage options
- Regulated by reputable financial authorities
- Requires a low minimum deposit
- Compatible with automated trading systems and Expert Advisors (EAs), facilitating algorithmic and high-frequency trading strategies
Cons
- Absence of fixed spread account options could be a drawback for traders who prefer consistent spreads irrespective of market volatility
- Limiting options for traders who prefer other trading platforms like MetaTrader 5 or proprietary alternatives
- Lacks comprehensive educational resources, such as webinars, tutorials, and e-books, which can hinder the learning and development of new traders
AMarkets & Ultima Markets Regulation
| Feature | AMarkets | Ultima Markets |
|---|---|---|
Companies | AMarkets LLC, AMarkets LTD | Ultima Markets Ltd, Ultima Markets Cyprus Ltd |
Countries | Cook Islands, Comoros, Saint Vincent and the Grenadines | Mauritius, Cyprus |
Regulators | FSC, MISA, SVGFSA | FSC, CySEC |
Investor Protection | Financialcommission.org | Investor Compensation Fund (ICF) |
Investor Protection Size | €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | AMarkets | Ultima Markets |
|---|---|---|
STP Account | ||
| Account Name | Standard | Standard |
| Min Deposit | $100 | $50 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1.3 | 1 |
| Fee | No | No |
| Max Leverage | 1:3000 | 1:2000 |
| Stop Out | 20% | 20% |
| Margin Call | 50% | 50% |
ECN Account | ||
| Account Name | ECN | ECN |
| Min Deposit | $200 | $50 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.2 | 0.1 |
| Fee | $5 per 1 lot | $5 per 1 lot |
| Max Leverage | 1:3000 | 1:2000 |
| Stop Out | 40% | 20% |
| Margin Call | 50% | 50% |
Zero Account | ||
| Account Name | Zero | — |
| Min Deposit | $200 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0 | — |
| Fee | $5 per 1 lot | — |
| Max Leverage | 1:3000 | — |
| Stop Out | 40% | — |
| Margin Call | 50% | — |
Fix Spread Account | ||
| Account Name | Fixed | — |
| Min Deposit | $100 | — |
| Lot Size | 0.01 | — |
| Spread Type | Fixed | — |
| Execution | Market | — |
| Min Spread | 3 | — |
| Fee | No | — |
| Max Leverage | 1:3000 | — |
| Stop Out | 20% | — |
| Margin Call | 50% | — |
Cent Account | ||
| Account Name | — | Cent Account |
| Min Deposit | — | $20 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1 |
| Fee | — | No |
| Max Leverage | — | 1:2000 |
| Stop Out | — | 50% |
| Margin Call | — | 80% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | AMarkets | Ultima Markets |
|---|---|---|
Base currencies | USD, RUB | USD, EUR, GBP, CAD, AUD, NZD, SGD, HKD, JPY |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Neteller, Perfect Money, Tether (USDT), Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) | Bank Wire, Credit Card, Debit Card, Alipay, Bitcoin (BTC), Tether (USDT) |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee | from 1.8% via credit card |
Trading Platforms and Conditions
| Feature | AMarkets | Ultima Markets |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4) |
Execution Speed | 30 ms | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Assets
| Asset | AMarkets | Ultima Markets |
|---|---|---|
Currencies | 42 | 60 |
Indices | 16 | 28 |
Stocks | 437 | 86 |
Cryptocurrencies | 27 | 47 |
Bonds | 2 | 7 |
Metals | 7 | 9 |
Energies | 4 | 7 |
Soft Commodities | 7 | 7 |
ETFs | 0 | 6 |
Education and Analytics
| Feature | AMarkets | Ultima Markets |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
| Bonus | AMarkets | Ultima Markets |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 100%, up to $10000 | — |
| Details | Learn More | — |
Customer Support
| Contact | AMarkets | Ultima Markets |
|---|---|---|
Email | support@amarkets.com | info@ultimamarkets.com |
Phone | +44 330 777 22 22 | — |
Telegram | Telegram | Telegram |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | — |
Instagram | ||
Twitter | — |
Which Broker is Better?
After comparing AMarkets and Ultima Markets, AMarkets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.