Ultimate TradersReviews 104

4th try, I think i'm horrible... And the lowest tier too, without max payout =/
Long way ahead tho, im sure with practice its gon get better

Just got $5k challenge and hope everything will go as planned. As for the trading rules, all is clear. Hope it will stay like that. 90% profit-sharing ratio is very generous

I was looking for a reliable prop trading firm for enough time and finally I stumbled upon Ultimate Traders. Seeing that they're headquartered in the UK gave me peace of mind. Not many companies are able to meet all the requirements of this region.
Regarding the terms and conditions, they're transparent, nothing suspicious. I selected a classic challange, started with something simple, chose an account with a $10,000 balance for $99. By the wya, their customer support was very responsive, I asked probably 20 questions, and they gave extensive answers on all these.

Not a long time ago I received my first payout and now 2nd. Actually, great place to be funded. 12% max loss ensures having account for long, payouts as you see, regular

Dont complicate. I just longed markets. October was red, still came out on top. General move is always up. If you dont fight the trend, challenge is not that hard.

If you're into prop trading-this is a good choice. I got interested in the concept itself first, then read about ultimate traders, passed the challenge-it was classic, was tough for the first time but i did it and got funded.All's reliable.
The 6% drawdown for the speedy challenge is quite a razor sharp though, maybe make it less so but at the same time it's challenge, right...

I think its safe if done correctly. There is a way to run evaluation phases on a demo account with a broker first, I just set the rule for myself, and seen if I can not get a drawdowns while getting the profits.
I think if its done without any traning, its too hard. I trained a whole lot tho, felt safe taking the eval. Recommend doing the same.

You can find account sizes from $5k to $200… you can get classic or a speedy challenge. This makes this prop-trading platform attractive to all kind of level of experience… for newcomers, to experienced like me who don't want to spend much time on the challenge and want to trade with a large account 👍

There was a choice between a speedy and a classic challenge. As you understand, I went for the former because I didn't want to waste much time on the test period. On a speedy exam I had just to hit a 10% of the profit target. Not gonna lie, prices on speedy accounts are biteful from my perspective, but it's worth it cuz payouts reach up to 90%.

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

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.

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

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

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!

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

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

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.

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 :)