FBS vs Ultima Markets: Comparison

Andriy BondarenkoAndriy Bondarenko
  • Year Founded: 2008
  • Broker Type: STP
  • Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), FBS Trader
  • Spread: Low
  • Maximum Leverage: 1:3000
  • Minimum Deposit: $5
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  • Year Founded: 2009
  • Broker Type: MM, STP, ECN
  • Platforms: MetaTrader 4 (MT4)
  • Spread: Low
  • Maximum Leverage: 1:2000
  • Minimum Deposit: $20
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Our pick:

FBS

Based on multiple factors—spreads and fees, available assets and instruments, platforms and execution speed, quality of support and educational resources. This is not financial advice.

Comparison of FBS and Ultima Markets

FeatureFBSUltima Markets
Broker
Year Founded20082009
Broker TypeSTPMM, STP, ECN
DealingA-bookA-book, B-book
ExecutionMarketMarket
RegulationBFSC, CySEC, ASIC, FSCAFSC, CySEC
PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), FBS TraderMetaTrader 4 (MT4)
Spread Low Low
Maximum Leverage1:30001:2000
Minimum Deposit$5$20
Base CurrenciesUSD, EURUSD, EUR, GBP, CAD, AUD, NZD, SGD, HKD, JPY
Funding MethodsBank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, SticPay, Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), Tether (USDT)Bank Wire, Credit Card, Debit Card, Alipay, Bitcoin (BTC), Tether (USDT)
Inactivity Fee
Interest on Margin
Withdrawal Fee
Investor ProtectionInvestor Compensation Fund (ICF)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, Metals, EnergiesCurrencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies
ReviewFBS ReviewUltima Markets Review

About FBS

FBS is a globally recognized forex and CFD broker, established in 2009, known for catering to both beginner and experienced traders. Regulated by reputable authorities such as CySEC (Cyprus) and the FSC (Belize), FBS provides a secure trading environment with a wide range of instruments, including forex, stocks, metals, and cryptocurrencies. The broker offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, enabling traders to benefit from advanced tools and automated trading options. One of FBS's standout features is its high leverage of up to 1:3000, which appeals to traders seeking higher exposure with smaller capital. The broker also offers regular bonuses, promotions, and a free demo account to practice trading strategies. However, FBS's services are not available in some key regions like the US, and its educational resources may not be as extensive compared to other brokers. Despite these drawbacks, FBS remains a popular choice for its user-friendly interface, low minimum deposit requirements, and competitive trading conditions.

Pros

  • Regulated by CySEC and FSC for a secure trading environment
  • Support for MT4 and MT5 platforms with advanced tools
  • High leverage options of up to 1:3000
  • Low minimum deposit requirements, ideal for beginners
  • Regular promotions, bonuses, and a free demo account for practice

Cons

  • Customer support availability may vary by region
  • Services are not available in key regions like the US

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

FBS & Ultima Markets Regulation

Companies
FBS
FBS Markets Inc, Tradestone Limited, Intelligent Financial Markets Pty Ltd, TRADE STONE SA (PTY) LTD
Ultima Markets
Ultima Markets Ltd, Ultima Markets Cyprus Ltd
Countries
FBS
Belize, Cyprus, Australia, South Africa
Ultima Markets
Mauritius, Cyprus
Regulators
FBS
BFSC, CySEC, ASIC, FSCA
Ultima Markets
FSC, CySEC
Investor Protection
FBS
Investor Compensation Fund (ICF)
Ultima Markets
Investor Compensation Fund (ICF)
Investor Protection Size
FBS
€20 000
Ultima Markets
€20 000
Publicly Traded
FBS
Ultima Markets
Segregated Accounts
FBS
Ultima Markets
Guaranteed Stop Loss
FBS
Ultima Markets
Negative Balance Protection
FBS
Ultima Markets

Account Types

STP Account
Account Name
FBS
Standard
Ultima Markets
Standard
Min Deposit
FBS
$5
Ultima Markets
$50
Lot Size
FBS
0.01
Ultima Markets
0.01
Spread Type
FBS
Floating
Ultima Markets
Floating
Execution
FBS
Market
Ultima Markets
Market
Min Spread
FBS
0.7
Ultima Markets
1
Fee
FBS
No
Ultima Markets
No
Max Leverage
FBS
1:3000
Ultima Markets
1:2000
Stop Out
FBS
20%
Ultima Markets
20%
Margin Call
FBS
40%
Ultima Markets
50%
ECN Account
Account Name
FBS
Ultima Markets
ECN
Min Deposit
FBS
Ultima Markets
$50
Lot Size
FBS
Ultima Markets
0.01
Spread Type
FBS
Ultima Markets
Floating
Execution
FBS
Ultima Markets
Market
Min Spread
FBS
Ultima Markets
0.1
Fee
FBS
Ultima Markets
$5 per 1 lot
Max Leverage
FBS
Ultima Markets
1:2000
Stop Out
FBS
Ultima Markets
20%
Margin Call
FBS
Ultima Markets
50%
Cent Account
Account Name
FBS
Ultima Markets
Cent Account
Min Deposit
FBS
Ultima Markets
$20
Lot Size
FBS
Ultima Markets
0.01
Spread Type
FBS
Ultima Markets
Floating
Execution
FBS
Ultima Markets
Market
Min Spread
FBS
Ultima Markets
1
Fee
FBS
Ultima Markets
No
Max Leverage
FBS
Ultima Markets
1:2000
Stop Out
FBS
Ultima Markets
50%
Margin Call
FBS
Ultima Markets
80%
Additional Features
Demo Account
FBS
Ultima Markets
VIP Account
FBS
Ultima Markets
Swap-Free Account
FBS
Ultima Markets
Copy Trading
FBS
Ultima Markets
VPS
FBS
Ultima Markets
PAMM/MAM Accounts
FBS
Ultima Markets

Funding and Fees

Base currencies
FBS
USD, EUR
Ultima Markets
USD, EUR, GBP, CAD, AUD, NZD, SGD, HKD, JPY
Deposit and withdrawal methods
FBS
Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, SticPay, Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), Tether (USDT)
Ultima Markets
Bank Wire, Credit Card, Debit Card, Alipay, Bitcoin (BTC), Tether (USDT)
Inactivity fee
FBS
Ultima Markets
Interest on margin
FBS
Ultima Markets
Withdrawal fee
FBS
Ultima Markets

Trading Platforms and Conditions

Trading Platforms
FBS
MetaTrader 4 (MT4), MetaTrader 5 (MT5), FBS Trader
Ultima Markets
MetaTrader 4 (MT4)
Execution Speed
FBS
30 ms
Ultima Markets
-
Scalping
FBS
Ultima Markets
Expert Advisors (EAs)
FBS
Ultima Markets
Depth of Market (DOM)
FBS
Ultima Markets
Spread
FBS
low
Ultima Markets
low

Trading Assets

Currencies
FBS
43
Ultima Markets
60
Indices
FBS
11
Ultima Markets
28
Stocks
FBS
480
Ultima Markets
86
Cryptocurrencies
FBS
5
Ultima Markets
47
Bonds
FBS
0
Ultima Markets
7
Metals
FBS
8
Ultima Markets
9
Energies
FBS
3
Ultima Markets
7
Soft Commodities
FBS
0
Ultima Markets
7
ETFs
FBS
0
Ultima Markets
6

Education and Analytics

Economic Calendar
FBS
Ultima Markets
Indicators
FBS
Ultima Markets
Robots
FBS
Ultima Markets
Signals
FBS
Ultima Markets
Autochartist
FBS
Ultima Markets
Expert Analytics
FBS
Ultima Markets
News Feed
FBS
Ultima Markets
Education Articles
FBS
Ultima Markets
Webinars
FBS
Ultima Markets
Seminars
FBS
Ultima Markets

Customer Support

Phone
Ultima Markets
Telegram
Ultima Markets
Facebook
Ultima Markets
LinkedIn
FBS
Ultima Markets
YouTube
Ultima Markets
Instagram
Ultima Markets
Twitter
FBS
Ultima Markets

Which Broker is Better?

After comparing FBS and Ultima Markets, FBS 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.

More Comparisons

Andriy Bondarenko

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.