Ultimate Traders has a rating of 4.6 stars from 81 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Ultimate Traders most frequently mention classic challenge, trading firm and risk management. Ultimate Traders ranks 9th among Personal Finance sites.
For me their challenges were ideal not to pass rather for the funded stage. Taking a 100k account and trading until 12% is reached with some small risk management of 0.5% for example, absolutely working concept. Plus, leverage is high. X100 for prop firms is pretty decent. And I didn't need anything else like fancy analytics to prove their challenges are worthy.
I remember it used to be once a month, but now they increased the amount and you can withdraw every 2 weeks. The thing is that you withdraw using 3rd party payment website, and they take a fee as well, so this is the price you gotta pay. What I recommend is to spend 20% premium fee on a 90/10 split add on because with every withdrawl you do you get more money.
Hello Roxanne H.,
We're pleased to hear that you had a positive experience with our withdrawal process! Our aim is to make your trading experience as seamless as possible, and we're glad we achieved this. Thank you for choosing Ultimate Traders.
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I have done my fair share of trading with prop firms and passing challenges, but the classic 2 step challenge is the most comfortable here. First of all, they have 6% daily limit, which allows more flexibility and overall limit is 12%, much higher threshold than in most places. Sometimes that 1% can do wonders, and you can turn the tide around, this happend to me as well.
I like how they changed add ons, in the past, weekend trading was add-on, but now it's news trading and 90%. News Trading is only worth it if you can trade the news though.
Hi Aapo H,
Thank you for the fantastic review! At Ultimate Traders, our goal is to invest in talented traders like you. We're glad to have you onboard and look forward to supporting your trading journey!
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I've been on Ultimate Traders long enough to see both good and slow days. What impressed me wasn't just the execution but how accurate the signals were this month. Out of the last 12 signals, 10 closed in the green with over 9% return in under 2 weeks. My lot sizes stayed under 1.0 just to manage risk but even with that, I pulled over $800 in pure gain. Don't rush into it though, test it yourself before going for heavy funding
Hello Quentin N.,
We are thrilled to hear that we've met your expectations! Thank you for your feedback, and we wish you continued success with Ultimate Traders!
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The platform is easy to use, with a clean interface and good execution speed. I've had a smooth trading XP so far, and features like charting tools work well. While there's room for more customization, it's still a reliable platform for traders looking for efficiency.
Hello Oliver B.,
Thank you for sharing your review. We're pleased to hear that you had a positive experience with us. We appreciate you taking the time to share your feedback.
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I wasnt sure about this kind of business model, where you get funded a 100.000$ dollar account for literally 500$. So i started to dig up more information online and found out that its pretty popular nowadays. I wanted to try it for myself, so i bought the cheapest account for 50$. It was tough, but i managed to pass the challenge and eventually got a first payout. Overall im satisfied with ultimatetraders, as they actually pay out to their funded traders.
Hello Sylvia S.,
Thank you for your great review and for choosing Ultimate Traders as your prop trading firm.
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Their withdrawals are handled by a 3rd party service and I like it! They have like a lot of different option there for withdrawal and for a small fee, you can even get your money in crypto. For a bank account it takes a couple of days to arrive, but it's actually okay, I don't mind waiting. This prop firm is legit, and I have a 10k funded acc for now.
Hello Samantha S.,
We're pleased to hear that you had a positive experience with our withdrawal process! Our aim is to make your trading experience as seamless as possible, and we're glad we achieved this. Thank you for choosing Ultimate Traders.
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Payouts and fees seem fair, and there are no hidden charges. The account prices are also affordable, so theres that too.
Hi Don G.,
Thank you for your positive feedback! We appreciate your support.
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Opened the Ultimate Traders privileged account, and it's been a wonderful experience. The platform is easy to navigate, and order execution is reliable. Some features take time to get used to, but overall, it's been a good choice for trading.
Hi Nils C.,
Thank you very much for your impressive results! We're thrilled to see your continued success and are happy to support your trading journey!
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The first thing I noticed when I opened their website, actually I read it from reviews, was about the profits sharing ratio of up to 90%. This is one of the highest profit sharing ratios amongst prop trading firms. I have seen others with similar ratios, but there were some additional conditions in terms of account size, time of trading and more hard to fulfil criteria.
Here, things are straight - pass the challenge and you get your hands to this amazing profit sharing ratio 👍
Hey Jeremy S.,
Thank you so much for your great review. We appreciate your feedback and glad you had a positive experience.
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The testing was done using an MT4 demo account, so I think I got an advantage by using it before. If I did it again, though, I would definitely try trading with personal funds to get used to controlling my emotions.
Dear Marcus S.,
Thank you for choosing Ultimate Traders as your prop trading firm. Greatly appreciated!
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It's very easy to actually start with this prop firm and follow through I'm talking about from the beginning of the registration to the verification and even the assessment phase everything is smooths and seamless.
Hello Shane R.,
We are thrilled to hear that we've met your expectations! Thank you for your feedback, and we wish you continued success with Ultimate Traders!
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The price for funded accounts turned out to be much lower than I expected. It doesn't cost a fortune. I went for a classic challenge because it doesn't require tight risk management.
Hi Malcolm F.,
Thank you for sharing your experience with Ultimate Traders!
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I found Ultimate Traders to offer a solid time with trading assets like forex and indices. The evaluation process is fair, though it requires strict risk management. Execution speed is reliable, and spreads are reasonable. While the trading environment is well-structured, support response times could be improved. Withdrawals are processed, but they can take time. Overall, it's a good platform for traders looking to refine their skills and grow within a prop firm.
Hello Niklas L.,
Thank you for sharing your review. We're pleased to hear that you had a positive experience with us. We appreciate you taking the time to share your feedback.
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Ultimate Traders made my payout experience stress-free- I receive upto 90% of my payouts and this profit can be easily withdrawn. The Deposits were also fast, and withdrawals arrived on time without issues. The platform provides clear instructions, making it easy to operate on the platform without issues.
Hi Jack K.,
We're glad to hear that you found the withdrawal process via the Client Area fast and easy! We're committed to providing the best possible experience for our clients. Thank you for choosing Ultimate Traders for your prop trading journey.
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They are pretty much reputable, because their work is backed up by the famous t4trade broker and basically the platform is given by this broker.
So, also they have many reviews which shed the light on positive aspects of working with this prop trading firm.
Dunno for you, but i quickly signed up, chose classic challenge and now im on it. So far things are favorable.
Hello Julio P.,
We are thrilled to hear that we've met your expectations! Thank you for your feedback, and we wish you continued success with Ultimate Traders!
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I like the prices for speedy accounts. I dont havae much patience tbh for classic accounts where I need to pass 2 stages. Thats why I go with speedy with only one stage, and cost is afforable for it. Also, only 1 stage and I can get funded account, so this sounds good👍
Hi Ramón G.,
Thank you for your amazing review! We wish you success in your trading journey with Ultimate Traders.
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Today I want to dispel misconceptions that all experienced traders have traded through prop trading companies and even though when I have been in the trading area for over 4 years I have never tried to become a funded trader.
Nevertheless, everything changes sooner or later and I decided to give it a shot. So when I signed up for the company, I started reading their FAQ section which had a lot of useful information about how to pass the assessment. It would be great if they added some video lessons of how other traders passed their challenges and share with us.🙂
Hi Jorge Z.,
Thank you for your valuable feedback. If you run into any issues or have further concerns, please don’t hesitate to reach out to us at info@ultimatetraders.com.
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Although $99 for a 10k account is quite a nice price, this is the second challenge I am taking. In the first one, my goal was to pass the evaluation as quickly as possible, so I ended up risking much more than I actually do. The result is a failed challenge due to a daily breach, nothing surprising. Then, my second time - the evaluation lasted for like 10 trading days, but the curve was stable and upwards. Even if it takes more time, I understood that risk management is to be followed no matter what.
Hey Amadou F.,
Thank you so much for your great review. We appreciate your feedback and glad you had a positive experience.
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I was looking for a proper prop trading firm for a long time and picked Ultimate traders because of one main reason: it's the reliability.
Everyone who is on prop trading for some time knows that this sphere is going through hard time at the moment.Therefore I had to be very careful.
Ultimate traders has the office in London, UK which immediately gave me a lot of confidence.
Plus the legal entity is related to some good brokers, so it has backed up the credibility several times.
As for the trading itself, I didn't notice anything questionable during the evaluation period. All the deals were executed very swiftly and on point so…
Hello Abdellah D.,
We are thrilled to hear that we've met your expectations! Thank you for your feedback, and we wish you continued success with Ultimate Traders!
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Answer: You can’t bypass the system. When you hit 12% maximum drawdown which is by the way one of highest ones you can find on classic challenges and funded accounts over the industry, the game will be over. So the main thing is to keep below this level and at the same time don’t break classic rules of prp firms like no hedging, no EAs, no copytrading. My way to increase my odds of success is very basic and obvious- risk management and patience. Only trades with 2-3 entry confluences, only trading in London open and New York 2 hours after this session is opened. 0.5-1% risk per trade, depending on number of confirmations. No rush, only a cool head decision. And one small tip, less frequent trades on bigger accounts to enjoy it once I’m at the funded stage.
Answer: Well usually, the pro traders with more experience can go for higher capital challenge because they are sure in their skills, or they can go for 1 step speedy challenges, and that is the average tendency. However this is not tailoring to experience, and any trader can go with $100k account if they pay the price. But it's just if you don't have much experience, it; s wiser to risk less at the first time and get to know the platform/
Answer: You decide, whether to extend your time, by making super multi confirmation deals, since at Ultimate traders, you have an unlimited time for passing the challenge. Or to finish it with a few trades, randomly, LOL. So, I can’t know about your skills, just follow the rule of min 3 trading days and reach the target of 10%. It’s not actually important what acc you have, 50k or 200k, with the right risk management and average 50% winrate, I believe challenge can be passed in 1-2 months. Occasional trading, of course…
Answer: If you are a beginner, classic is always better because you can so the assessment in 2 phases which would give you more time to be relaxed and confident.
Answer: I would suggest you explore more about prop-trading. Although it is trading in its essence, it is an essentially different trading style compared to classic independent trading with your funds. Here very strict rules are applied and in general I don't think that this trading style suits long-term strategies. The main trait of long-term strategies is that you open a position and you should forget about it… while in prop trading you don't have this luxury. One needs to monitor and adjust his positions all the time, to avoid breaching the rules. So, I would say to focus more on short-term trading strategies, but I might be wrong… idk
Answer: The process of withdrawal is to a certain extent same with traditional brokerage service, where they don`t charge you anything, except the payment processors cut their shares, based on the method you choose. The thing that should be noted here, is that your profit gains will be split to the 80/20 or 90/10 ratio, to the funded account provider, meaning you don`t pay fees, except the mentioned processor`s, but give away your profit splits. It`s not surprising, regarding the fact that those payments are conducted once a month, in general, like the majority of props allow.
Answer: Usually, the Speedy challenge halves the leverage for all categories of assets. For instance, in Classic Challenge you have it 1:10 for indices and for Speedy Challenge it is already 1:5. It is the maximum leverage and trading conditions shall be also specified during the process.
Answer: Buddy, I think you know the answer to your question yourself if you've studied what Ultimate Traders offers to their clients. Сlassic type of assessment is exactly what you need to choose. You will have enough time to get used to the rules that this prop company sets for its traders. And it's also a simpler way, in my opinion. Here you are less likely to do something wrong and you can safely and without haste pass assessment. If you are in doubt, you can go to the official UT website and compare with the help of a special table conditions that this prop company sets for these two options for passing assessment
Ultimate Traders is a prop trading firms that offers trading challenges for traders to prove their skills. After the completing of a challenge, traders will be given a funded trading account to trade with our funds and keep up to 90% of the profits generated.
Hello Veera H.,
Thank you for your great review and for choosing Ultimate Traders as your prop trading firm.
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