Score

1.88 /10
Danger

UltraTFX

Saint Lucia

2-5 years

Suspicious Regulatory License

White label MT5

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index6.47

Risk Management Index0.00

Software Index6.95

License Index0.00

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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

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Broker Information

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Company Name

UltraTrend FX Capital Limited

Company Abbreviation

UltraTFX

Platform registered country and region

Saint Lucia

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-11-15
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!

WikiFX Verification

UltraTFX · Company summary
Basic Information
Registered CountriesUnited Kingdom
RegulationRegulated by FSC
Company NameULTRATRENDFX
Trading Assetsforex pairs stock and indices, and precious metals
Customer SupportEmail & Phone Support

General Information

ULTRATRENDFX presents itself as an investment platform that provides access to a wide selection of trading instruments. With this broker, two types of trading accounts are on offer: NANO and ECN, with the minimum deposit to get started from $100. When it comes to regulation, ULTRATRENDFX is regulated by FSC.

Account Types

Two types of trading accounts are on offer: NANO, and ECN. The minimum deposit decides your trading accounts, with $100 to open a NANO account and $1,000 to open an ECN account.

Account Types Minimum Deposit Maximum Leverage Minimum Spreads
NANO$1001:500From 2 pips
ECN$1,0001:500From 1 pips

Leverage

When it comes to leverage, ULTRATRENDFX allows its clients to use the maximum trading leverage up to 1:500, which is far higher than the appropriate amount set by many regulators: the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Spreads

Spreads are determined by trading accounts, with spreads offered by NANO accounts from 2 pips, spreads offered by the ECN accounts from 1 pip. Commissions are not mentioned yet.

Trading Platform

ULTRATRENDFX does not point out what trading platforms it provides, which is quite frustrating.

Customer Support

ULTRATRENDFX can be reached through the following contact channels:

Telephone: +44 01205 540226

Email: support@ultratrendfx.com

Company Address: 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ

Pros & Cons

Pros Cons
High leverage up to 1:500Insufficient company information
Regulated by FSCUnfriendly minimum deposits for the ECN account
High spreads
Poor customer support

Frequently Asked Questions

What is the minimum deposit required by ULTRATRENDFX?

The minimum deposit required by ULTRATRENDFX is $100.

What is the maximum trading leverage provided by ULTRATRENDFX?

The maximum trading leverage offered by ULTRATRENDFX is up to 1:500 .

User Reviews

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Danny56562
more than one year
Hello guys, I am a victim of this Ultratrendfx. They cheated me of $2000, and then ran away. I have no way to get in touch with them now. Anyone can give me some advice? Thanks a million!
Hello guys, I am a victim of this Ultratrendfx. They cheated me of $2000, and then ran away. I have no way to get in touch with them now. Anyone can give me some advice? Thanks a million!
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2022-12-16 11:12
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FX1087275721
more than one year
BE AWARE THIS IS A SCAM COMPANY, AVOID IT. Because I left honest reviews and tell everyone that they took my money when I realized is a scam I tried to withdraw my money but I couldn't. Tried to speak with customer service the website doesn't exist. I reported them everywhere so PLEASE AVOID THIS COMPANY!
BE AWARE THIS IS A SCAM COMPANY, AVOID IT. Because I left honest reviews and tell everyone that they took my money when I realized is a scam I tried to withdraw my money but I couldn't. Tried to speak with customer service the website doesn't exist. I reported them everywhere so PLEASE AVOID THIS COMPANY!
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2022-12-06 11:18
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