ITB vs Ultima Markets

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, ITB currently holds a lower overall rating (4.1) compared to Ultima Markets (4.8). ITB has a lower minimum deposit, at 10.0. Both platforms offer their clients bonuses, demo accounts, mobile trading. Traders should note that both companies offer the same maximum lot size (100.0), but ITB has a minimum lot size of 0.001, while Ultima Markets offers 0.01. ITB offers a lower maximum leverage of 1:500, whereas Ultima Markets allows trading with up to 1:2000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
4.1/5 (11 reviews)
4.2/5
4.6/5
3.9/5
3.7/5
4.8/5 (44 reviews)
4.8/5
4.8/5
4.8/5
4.7/5
Minimum deposit ($) 10.0 50.0
Commission 0.0 5.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.001 0.01
Maximum lot size 100.0 100.0
Spread Variable Variable
Broker type NDD STP, ECN, Cent
Maximal leverage (1:?) 500 2000
Availability NDD STP, ECN, Cent
Regulation - FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius)
Trading Platforms MetaTrader 5 (MT5), Web Platform MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform, R WebTrader, UM Social
Funding/Withdrawal methods Wire Transfer, Local Deposits, Crypto, Visa, Mastercard Wire Transfer, Credit Card, UnionPay, Bitcoin, AliPay, Multiple local methods, Crypto, Apple Pay, Google Pay, USDT, Visa, Mastercard
Account Currency USD USD, GBP, EUR, JPY, NZD, CAD, SGD, HKD, AUD
Languages English, Arabic, Turkish, Persian English, Spanish, French, German, Japanese, Italian, Indonesian, Malay, Thai, Arabic, Vietnamese, Korean, Turkish, Simplified Chinese, Traditional Chinese
Country Saint Lucia Mauritius
Trading platform(s) timezone United Arab Emirates Cyprus, Hong Kong, Mauritius, Thailand, United Kingdom
Other trading instruments Stocks, Futures, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals, Forex Indices, Commodities, Energies, CFDs, Cryptocurrency, Precious Metals, Bonds, ETFs, Share CFDs, Forex
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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