RoboForex vs Ultima Markets: Comparison

Andriy BondarenkoAndriy Bondarenko
  • Year Founded: 2009
  • Broker Type: MM, STP, ECN
  • Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader
  • Spread: Low
  • Maximum Leverage: 1:2000
  • Minimum Deposit: $10
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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:

RoboForex

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 RoboForex and Ultima Markets

FeatureRoboForexUltima Markets
Broker
Year Founded20092009
Broker TypeMM, STP, ECNMM, STP, ECN
DealingA-book, B-bookA-book, B-book
ExecutionMarketMarket
RegulationBFSCFSC, CySEC
PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTraderMetaTrader 4 (MT4)
Spread Low Low
Maximum Leverage1:20001:2000
Minimum Deposit$10$20
Base CurrenciesUSD, EUR, CNY, XAUUSD, EUR, GBP, CAD, AUD, NZD, SGD, HKD, JPY
Funding MethodsBank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, Santander, HSBC, Caixa, Boleto, Bancolombia, China UnionPay, PSE, Tinkoff.ru, Webpay, Itau, SPEI, Multibanco, Verkkopankki, WeChat, EcoPayz, AstroPay, Efecty, OXXO, Western Union, PagoEfectivo, Rapipago, Carulla, EDEQ, Davivienda, Surtimax, Almancense Exito, Bancomer, Banorte, Redpagos, ServipagBank Wire, Credit Card, Debit Card, Alipay, Bitcoin (BTC), Tether (USDT)
Inactivity Fee
Interest on Margin
Withdrawal Fee
Investor ProtectionFinancialcommission.orgInvestor 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, ETFs, Metals, Energies, Soft CommoditiesCurrencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies
ReviewRoboForex ReviewUltima Markets Review

About RoboForex

RoboForex is a well-established Forex broker founded in 2009, offering a comprehensive range of trading services to both novice and experienced traders worldwide. Renowned for its diverse account types, including ECN and Prime accounts, RoboForex provides access to a wide array of financial instruments such as Forex, stocks, and CFDs. The broker supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, and its proprietary R StocksTrader platform, ensuring flexibility and advanced trading capabilities. With competitive spreads, various leverage options, and a robust regulatory framework under the Belize Financial Services Commission (BFSC), RoboForex emphasizes security, transparency, and user-friendly services. Additionally, it offers educational resources, automated trading solutions, and responsive customer support, making it a versatile choice for traders seeking a reliable and feature-rich trading environment.

Pros

  • Offers multiple account options
  • Access to over 12,000 financial instruments
  • Supports popular platforms like MetaTrader 4, MetaTrader 5, and the proprietary R StocksTrader platform
  • Offers competitive spreads and high leverage options
  • Provides a wealth of educational materials
  • Compatible with various automated trading systems and APIs
  • Offers 24/5 multilingual customer support through live chat, email, and phone, ensuring timely assistance
  • Regularly features promotional offers and bonuses

Cons

  • Regulation solely by the BFSC, which may be considered less stringent compared to other major regulatory bodies like FCA or CySEC
  • Lack of fixed spread account options might be a drawback for traders who prefer consistent spreads irrespective of market conditions

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

RoboForex & Ultima Markets Regulation

Companies
RoboForex
RoboForex Ltd
Ultima Markets
Ultima Markets Ltd, Ultima Markets Cyprus Ltd
Countries
RoboForex
Belize
Ultima Markets
Mauritius, Cyprus
Regulators
RoboForex
BFSC
Ultima Markets
FSC, CySEC
Investor Protection
RoboForex
Financialcommission.org
Ultima Markets
Investor Compensation Fund (ICF)
Investor Protection Size
RoboForex
€20 000
Ultima Markets
€20 000
Publicly Traded
RoboForex
Ultima Markets
Segregated Accounts
RoboForex
Ultima Markets
Guaranteed Stop Loss
RoboForex
Ultima Markets
Negative Balance Protection
RoboForex
Ultima Markets

Account Types

STP Account
Account Name
RoboForex
Pro
Ultima Markets
Standard
Min Deposit
RoboForex
$10
Ultima Markets
$50
Lot Size
RoboForex
0.01
Ultima Markets
0.01
Spread Type
RoboForex
Floating
Ultima Markets
Floating
Execution
RoboForex
Market
Ultima Markets
Market
Min Spread
RoboForex
1.3
Ultima Markets
1
Fee
RoboForex
No
Ultima Markets
No
Max Leverage
RoboForex
1:2000
Ultima Markets
1:2000
Stop Out
RoboForex
20%
Ultima Markets
20%
Margin Call
RoboForex
50%
Ultima Markets
50%
ECN Account
Account Name
RoboForex
ECN
Ultima Markets
ECN
Min Deposit
RoboForex
$10
Ultima Markets
$50
Lot Size
RoboForex
0.01
Ultima Markets
0.01
Spread Type
RoboForex
Floating
Ultima Markets
Floating
Execution
RoboForex
Market
Ultima Markets
Market
Min Spread
RoboForex
0.1
Ultima Markets
0.1
Fee
RoboForex
$4 per 1 lot
Ultima Markets
$5 per 1 lot
Max Leverage
RoboForex
1:500
Ultima Markets
1:2000
Stop Out
RoboForex
40%
Ultima Markets
20%
Margin Call
RoboForex
60%
Ultima Markets
50%
Zero Account
Account Name
RoboForex
Prime
Ultima Markets
Min Deposit
RoboForex
$10
Ultima Markets
Lot Size
RoboForex
0.01
Ultima Markets
Spread Type
RoboForex
Floating
Ultima Markets
Execution
RoboForex
Market
Ultima Markets
Min Spread
RoboForex
0
Ultima Markets
Fee
RoboForex
$2 per 1 lot
Ultima Markets
Max Leverage
RoboForex
1:300
Ultima Markets
Stop Out
RoboForex
100%
Ultima Markets
Margin Call
RoboForex
100%
Ultima Markets
Cent Account
Account Name
RoboForex
Pro-Cent
Ultima Markets
Cent Account
Min Deposit
RoboForex
$10
Ultima Markets
$20
Lot Size
RoboForex
0.01
Ultima Markets
0.01
Spread Type
RoboForex
Floating
Ultima Markets
Floating
Execution
RoboForex
Market
Ultima Markets
Market
Min Spread
RoboForex
1.3
Ultima Markets
1
Fee
RoboForex
No
Ultima Markets
No
Max Leverage
RoboForex
1:2000
Ultima Markets
1:2000
Stop Out
RoboForex
40%
Ultima Markets
50%
Margin Call
RoboForex
20%
Ultima Markets
80%
Additional Features
Demo Account
RoboForex
Ultima Markets
VIP Account
RoboForex
Ultima Markets
Swap-Free Account
RoboForex
Ultima Markets
Copy Trading
RoboForex
Ultima Markets
VPS
RoboForex
Ultima Markets
PAMM/MAM Accounts
RoboForex
Ultima Markets

Funding and Fees

Base currencies
RoboForex
USD, EUR, CNY, XAU
Ultima Markets
USD, EUR, GBP, CAD, AUD, NZD, SGD, HKD, JPY
Deposit and withdrawal methods
RoboForex
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, Santander, HSBC, Caixa, Boleto, Bancolombia, China UnionPay, PSE, Tinkoff.ru, Webpay, Itau, SPEI, Multibanco, Verkkopankki, WeChat, EcoPayz, AstroPay, Efecty, OXXO, Western Union, PagoEfectivo, Rapipago, Carulla, EDEQ, Davivienda, Surtimax, Almancense Exito, Bancomer, Banorte, Redpagos, Servipag
Ultima Markets
Bank Wire, Credit Card, Debit Card, Alipay, Bitcoin (BTC), Tether (USDT)
Inactivity fee
RoboForex
Ultima Markets
Interest on margin
RoboForex
Ultima Markets
Withdrawal fee
RoboForex
Ultima Markets

Trading Platforms and Conditions

Trading Platforms
RoboForex
MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader
Ultima Markets
MetaTrader 4 (MT4)
Execution Speed
RoboForex
40 ms
Ultima Markets
-
Scalping
RoboForex
Ultima Markets
Expert Advisors (EAs)
RoboForex
Ultima Markets
Depth of Market (DOM)
RoboForex
Ultima Markets
Spread
RoboForex
low
Ultima Markets
low

Trading Assets

Currencies
RoboForex
33
Ultima Markets
60
Indices
RoboForex
12
Ultima Markets
28
Stocks
RoboForex
8400
Ultima Markets
86
Cryptocurrencies
RoboForex
11
Ultima Markets
47
Bonds
RoboForex
0
Ultima Markets
7
Metals
RoboForex
5
Ultima Markets
9
Energies
RoboForex
2
Ultima Markets
7
Soft Commodities
RoboForex
4
Ultima Markets
7
ETFs
RoboForex
19
Ultima Markets
6

Education and Analytics

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

Bonuses

Welcome Bonus
Is available
RoboForex
Ultima Markets
Size
RoboForex
$30
Ultima Markets
Details
RoboForex
Ultima Markets

Customer Support

Email
Phone
RoboForex
Ultima Markets
Telegram
RoboForex
Ultima Markets
Facebook
RoboForex
Ultima Markets
LinkedIn
RoboForex
Ultima Markets
YouTube
RoboForex
Ultima Markets
Instagram
RoboForex
Ultima Markets
Twitter
RoboForex
Ultima Markets

Which Broker is Better?

After comparing RoboForex and Ultima Markets, RoboForex 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.