Score
TradeUltra
Malaysia|2-5 years| https://www.tradeultra.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
Licenses
Licensed Institution：TradeUltra Limited
License No.：MB/20/0059
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Malaysia
2-5 years Suspicious Regulatory License MT4 Full License Regional Brokers High potential risk
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
tradeultra.co
Server Location
United States
Website Domain Name
tradeultra.co
Server IP
192.64.119.150
-
tradeultra.com
Server Location
Bahrain
Website Domain Name
tradeultra.com
Server IP
15.185.73.214
Company Summary
| TradeUltraReview Summary | |
| Founded | 2015-02-26 |
| Registered Country/Region | Malaysia |
| Regulation | Suspicious Clone |
| Market Instruments | Shares & Indices/Commodities/Crude Oil & Energies/Gold & Silver/Shares/Indices/Forex/Digital assets |
| Demo Account | ✅ |
| Leverage | Up to 1:400(On Forex CFDs) |
| Spread | Tight |
| Trading Platform | TradeUltra&MetaTrader 5(Desktop, Web & Mobile) |
| Min Deposit | / |
| Customer Support | Email: info@tradeultra.com |
| Facebook, YouTube, Twitter, Instagram, LinkdIn | |
TradeUltra Information
TradeUltra is an STP broker that provides more than 3000+ tradable instruments including Shares & Indices, Forex & Commodities, Digital assets, Gold & Silver, and Crude Oil & Energies. The broker also provides TradeUltra for investors and MT5 for experienced traders. TradeUltra is still risky due to its xx status, high leverage, and bad reviews about difficulty withdrawing money.
Pros and Cons
| Pros | Cons |
| 24/5 customer support | Suspicious Clone |
| MT5 available | No more fees and account information |
| 3000+ markets | |
| Demo account available |
Is TradeUltra Legit?
TradeUltra is only regulated by Labuan Financial Services Authority and its status is Suspicious Clone, even though it claims to be regulated by FSC, making it less safe than regulated brokers.
What Can I Trade on TradeUltra?
TradeUltra offers 3000+ markets, including over 500 Shares & Indices, more than 200 Forex & Commodities, 100+ Digital assets, Gold & Silver, Crude Oil & Energies.
| Tradable Instruments | Supported |
| Shares & Indices | ✔ |
| Commodities | ✔ |
| Crude Oil & Energies | ✔ |
| Gold & Silver | ✔ |
| Shares | ✔ |
| Indices | ✔ |
| Forex | ✔ |
| Digital assets | ✔ |
Leverage
The Forex CFDs maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.
Trading Platform
TradeUltra cooperates with the MetaTrader 5 and TradeUltra trading platform available on desktop, web & mobile. MT5 not only provides various trading strategies but also implements EA systems.
| Trading Platform | Supported | Available Devices |
| TradeUltra | ✔ | Desktop, Web & Mobile |
| MetaTrader 5 | ✔ | Desktop, Web & Mobile |
Deposit and Withdrawal
TradeUltra accepts VISA, MasterCard, and Bank transfers for deposit and withdrawal.
Keywords
- 2-5 years
- Suspicious Regulatory License
- MT4 Full License
- Regional Brokers
- High potential risk
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Cilya
South Africa
Hey there! So, I was checking out TradeUltra, this trading service based in Malaysia. They're into trading in different markets, you know? They say they're regulated by LFSA, but there's this lingering doubt about how legit that claim is. They've got this one account type and a demo option too. And get this – they offer leverage up to 1:500 for forex and CFDs, which is pretty wild.
Neutral
2023-12-12
Lachlan
Nigeria
Their commissions on forex and CFDs are sky-high and took serious chunks outta my profits. Felt like they were the ones making money, not me! Withdrawing my cash was another nightmare. Their system's so complicated it'd puzzle Einstein. Plus, they slapped fees on my withdrawals, no matter how small.
Neutral
2023-10-16
Masao S., Kyoto
Mexico
Depositing and withdrawing funds is quick and easy. No long waiting times.
Positive
06-27
hdafdv
Malaysia
I've been using it mainly because I can watch several markets at once without flipping through tabs. The app works smoothly enough for trading when I'm not at my desk. However, their customer service could really use some work—it's tough to get quick help when something goes wrong. Good for the basics, but if you need support, be prepared to wait.
Positive
06-21