Score

1.45 /10
Danger

Ultimate Trading Option

United States

2-5 years

Suspicious Regulatory License

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.55

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Ultimate Trading Option

Company Abbreviation

Ultimate Trading Option

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Ultimate Trading Option · Company summary

General Information

Ultimate Trading Option is a company formed by a team of professional traders with expertise in one of the biggest financial markets of today, the cryptocurrency/binary. It presents itself as a forex broker, dedicated to providing its clients with tailor-made trading solutions, regardless of prior knowledge or experience. It also offers traders six investment plans and 24×7 customer support services.

Market Instruments

Ultimate Trading Option offers 5 classes of trading instruments, including trade CFDs on shares, indices, forex, binary and cryptocurrencies.

Account Types

There are six trading accounts offered by Ultimate Trading Option, namely Basic, Classic, Vip, Ruby, Platinum and Presidential. The minimum initial deposit to start a basic account is $300, aligning with most brokers' requirements. While the other five accounts require much higher initial capital, $1,001, $5,001, and $10,001, 25,001, 50,001 respectively.

Leverage

Since Ultimate Trading Option doesn‘t offer free demo accounts, we couldn’t find out the specific information about leverage. However, bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Since Ultimate Trading Option doesn‘t offer free demo accounts, we couldn’t find out the specific information about spreads and commissions.

Trading Platform Available

There is nothing about available trading platform on the website at the time of writing this review.

Deposit & Withdrawal

The minimum deposit amount is $100, the maximum you can deposit at one time is $500,000 per each deposit, surely you can make deposit higher than $500,000 by several deposits. The minimum amount for withdrawal is $200. There is no maximum limit for withdrawal. You can withdraw your investment with its customized ATM cards. And all withdrawals are all processed instantly after they are requested.

Customer Support

The Ultimate Trading Option customer support can be reached through WhatsApp: +1(720)7392047, email: support@ultimatetradingoption.com, website: www.ultimatetradingoption.com. Company address : 1220 Illinois St., Golden, CO 80401, USA.

User Reviews

More

User comment

2

Comments

Write a review

vbnm
more than one year
So, I've handed in all the required docs and info, but my account's still on lockdown. Seriously, it's taking forever to sort out what seems like a simple glitch. Makes me wonder when the real issues might hit.
So, I've handed in all the required docs and info, but my account's still on lockdown. Seriously, it's taking forever to sort out what seems like a simple glitch. Makes me wonder when the real issues might hit.
Translate to English
2024-02-23 12:21
Reply
0
0
陈安生
more than one year
So strange that their website often has some bugs... Sometimes I can access into their site smoothly, sometimes I can’t. Rest of the service is alright I guess, but not really convenient or outstandingly good. So no reason to stay with a boomer broker when there are better and more convenient options already.
So strange that their website often has some bugs... Sometimes I can access into their site smoothly, sometimes I can’t. Rest of the service is alright I guess, but not really convenient or outstandingly good. So no reason to stay with a boomer broker when there are better and more convenient options already.
Translate to English
2023-03-13 18:16
Reply
0
0