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Ultimate Traders has a rating of 4.6 stars from 95 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 7th among Personal Finance sites.
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It was my first time when I decided to try the 100k challenge. Before, I used to sit on smaller accounts, funded but still not enough to see the whole prop trading is worthy. Yeah, paying 100 bucks and 500 bucks has a difference. I can't resist their sweet conditions, 12% allowed drawdown gave me confidence that I won't screw up the challenge and get my 500 back. Trading itself on mt4 was smooth. Certain assets were missing, like futures. But the main term of no hidden rules was complied with.
About payouts after a 2 month evaluation competition. They pay and do it 1/mo
Currenly on phase 2 on the way to 50k funded stage... i careully trade using S and R on intraday, not every day, only when a great set up pop ups. I choose major FX pairs, u know them... I am super cautions with SL and leverage and position sizin - I have to be so, gotta not exceed 6% daily loss here... so far so good, slowly step by step gridning toward the final stage
Honestly pretty solid choice for someone just starting out. They has this 2 phase challenge thing which sounds intimidating but they give you no time limits so you can take forever lol
Hello Olli H.,
We’re thrilled to hear that you’ve enjoyed our trading conditions and that our support team has enhanced your experience with Ultimate Traders. If you ever need assistance or have any questions, don’t hesitate to contact us at info@ultimatetraders.com.
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Always buy one of their 5k account tos test brand new trading systems I came up with in real market conditions. After demo, and a bit of practice, of cousre, but nontheless.
Hello Amy 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!
Ultimate Traders
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10% profit and 12% loss at firs stage for my strategy it's a heaven! I wait for big moves, 6-7 RR that's why 70% losses are the part of my trading
Dear Felix Y.,
Thank you for choosing Ultimate Traders as your prop trading firm. Greatly appreciated!
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There are different account sizes, from $5k for $49 to $200k for $899. This makes it a good choice for all kinds of levels of experience. For beginners to start small, for pros to give room to their potential. I choose the middle ground. Took the $50k account size for which I needed to pay a $299 entry fee for the classic challenge. Great deal if you ask me. Btw, i havn't reached funded stage yet, just started, but from reviews i realized that the company has solid rep and there were no red flags or issues reported from traders about payments
Hi Inigo T.,
Thank you for your positive feedback! We appreciate your support.
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I found a reliable prop-trading firm, as far as I am concerned, they're located in the United Kingdom. Their terms and conditions attracted my attention, and that's why I already bought a funded stage of $5000 for $49 which is cheap as chips. So far I'm almost on the way to finishing the 1st stage, and I hope I will do great at the 2nd phase also. Wish me luck, pals!
Hello Bjorn L.,
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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Sharing profit ratio is at the highest level in the industry, you get to keep 90% of the profits made. It's good to start with the smallest account of $5k if you are new to prop trading to get to know with the specs of this trading style. The entry fee is very small, only $49. Transfer are made trough a third party transfer provider, the Deel platform… very good one
Dear Sarah M.,
Thank you for choosing Ultimate Traders as your prop trading firm. Greatly appreciated!
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Prop trading firm are really here to help us. Sure. They get their share, but how is gonna give fudns for free, provide platofrm and ensure the rest of the infrastrucure for trading? Ultimate Traders does a great job on this one.
After honing my skills I decided to participate in the assements to get funded. First time I was doing well, never violated 6% daily loss, was careful wtih leverage. However, i had a series of bad days, and though I dint have huge daily loses, overall it piled up and my total dradown touched the limit
But i checked my mistakes - now I am stronger
Hello Nathan G.,
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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Prices of challenges are sky high for some prop companies. I can buy two challenges for the same price here, the 25k account costs only $169, which is cheap considering the fact that i get the money back after passing the first stage of the challenge. But minimum trading days is 3, would like to see it lower. I think 1 min trading day would be better to pass quicker.
Hi Uuno J.,
Thank you for your feedback! We're happy that you’ve chosen us as your prop trading firm. We're committed to providing the support you need to get started and look forward to a long-term partnership with you.
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I think news trading optionneeds to be available as paid add on only for accounts like over 50k because lower accounts may be higher risk. Sometimes news like non farm make the usual pair like EurUSD go up 100s pips. This is better to control when you have bigger account and more flexibility to trade. Also if lower accounts are more chosen by beginners this is why news trading is dangerous for them. I have 100k funded account took me a month to pass it but I value stability over quick profits, and I am enjoying that 90/10 split :)
Dear Zachary Y.,
Thank you for choosing Ultimate Traders as your prop trading firm. Greatly appreciated!
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I know there are tons of prop trading platform and it's really hard to decide which way to go. What i advice is to check reviews from other traders and see if there are complaints about withdrawals. Usually here is where the issues with prop trading firms are. With Ultimate traders i couldn't find any serious complaints, and after testing it, i can report it is a reliable platfomr
Hi Peter G.,
Thank you for your amazing review! We wish you success in your trading journey with Ultimate Traders.
Ultimate Traders
Trade our Capital
Finished stage 1 and 2 with the classic challenge in about 12 days. Needed 10% profit for the first one, which was a bit scary at first but the 12% drawdown definitely gives u more space to breathe compared to other props. The fee for a 50k account is also repaid on the first withdrawal, so considering that, the fee is reasonable. I have already got mine from the profit I made by trading eurusd and gold mostly during london session...
Hi Ditlev V.,
Thank you very much for your impressive results! We're thrilled to see your continued success and are happy to support your trading journey!
Ultimate Traders
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Props to them (no pun intended) for offering a quicker version of the standard challenge. The classic test isn't some kind of a ruthleess trial, the rules are just ment to show your actual trading skills, that's it. The fee is refundable too, can't really get much fairer than that
Hi Liam M.,
Thank you for your feedback! We're happy that you’ve chosen us as your prop trading firm. We're committed to providing the support you need to get started and look forward to a long-term partnership with you.
Ultimate Traders
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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.
Hello Veera H.,
Thank you for your great review and for choosing Ultimate Traders as your prop trading firm.
Ultimate Traders
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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.
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!
Ultimate Traders
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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 $800 in pure gain. Don't rush into it though, test it yourself before going for heavy funding
Hello Quentin N.,
We are thrilled to hear that we've met your expectations! Thank you for your feedback, and we wish you continued success with Ultimate Traders!
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The platform is easy to use, with a clean interface and good execution speed. I've had a smooth trading XP so far, and features like charting tools work well. While there's room for more customization, it's still a reliable platform for traders looking for efficiency.
Hello Oliver B.,
Thank you for sharing your review. We're pleased to hear that you had a positive experience with us. We appreciate you taking the time to share your feedback.
Ultimate Traders
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I wasnt sure about this kind of business model, where you get funded a 100.000$ 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.
Ultimate Traders
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Answer: Nice question. I actually dont mind giving away mine, a little, since I already passed anwyay, and there's room for almost infinite retail traders here, we still wont ever compare to hedge funds or big banks. I managed to do it through XAU trading, with swinging it (holding for 1-2 days, till it reaches local top, from local bottom). I think scalping for that would work well too. Its just the trend is so strong right now, its almost surefire win.
Answer: I wouldn’t say that, most people prefer to choose a classic challenge because of its simplicity and it doesn’t require to follow a tight risk management unlike a speedy one. If you’re an experienced trader, then of course, I think it won’t be hard for you to complete this assessment successfully, but if you still can’t call yourself a professional, you’re welcome to a classic test.
Answer: Thank god it’s not a trailing stop loss, that would not be very good. I don’t understand how some traders go for prop firms with intraday trailing stop loss. Like imagine you just opened position, it unfortunately goes to stop loss, but your overall drawdown is still going high, that’s unfair! With Ultimate traders it’s a normal end of the day drawdown, meaning that every 24 hours period your equity will be recorded and affect your drawdown if you went to the profits. Anyway, that was a great question to ask, I hope this one helped you to understand if they are the right first for you.
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.
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.
Hi Viggo V.,
Thank you so much for your great review!
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