TradeUltra

TradeUltra Information

TradeUltra is a STP broker situated in Malaysia that is licensed by the LFSA. It has been operating for more than a decade and gives you access to more than 3,000 types of products, such as stocks, indices, cryptos, commodities, and more. It has three active accounts and one demo account for different types of investors, but its regulation status is Unverified, and it does not provide services for residents from certain areas.

Pros and Cons

Is TradeUltra Legit?

TradeUltra claims to be regulated by Malaysia's Labuan Financial Services Authority (Labuan FSA) under License No. MB/20/0059, which is a Straight Through Processing (STP) license. However, the license is currently unverified.

What Can I Trade on TradeUltra?

TradeUltra offers access to over 3000 of instruments, such as FX pairs, commodities, stock indexes, and digital assets. All instruments are traded as CFDs on MT5 using the TradeUltra app.

Account Types

TradeUltra provides three types of live trading accounts: Individual, Joint, and Corporate. There is limited information about account details, but demo account is available.

Leverage

TradeUltra offers a maximum leverage of 1:200. High leverage can boost profits while also increasing possible losses, thus risk management is critical.

Trading Platform

Deposit and Withdrawal

TradeUltra accepts payment via VISA, MasterCard, and bank transfer, but in terms of the processing time, fee, and accepted currency, the official website does not reveal.