Passed the 10k challenge, was not easy. Was really sweating to not lose my 99$ investment
Didn't use any addons, just straight tradin. Mostly majors, altho dabbled in some EURJPY at the end. That was the scariest, freaking JPY reversed and started gaining ground right as i did it. Almost exceeded the daily 6% drawdown right there
As it turns out, passing assessment was easier than it looks.
I just traded carefully and didn't take unnecessary risks.
And finally got positive result.
And two main reasons have a big role in this - the FEE, which is pretty small and reasonable if compared to other similar programs, and the CHALLENGE, which is quite an easy task even for not-so-advanced traders and can be achieved relatively quickly. You won't need 30 days or similar like the challenges in other firms.
Trading on this platform is not easy per se, but there are a lot of benefits that I have for using the platform, such as the 90% profit split. That is just wow.
Just got my confirmation about my funded account! I went through the classic challenge because i was not in a hurry, plus the targets were pretty simple to hit. It's going to be great.
The features offered here are very functional and not just decorative, especially the analytical features and tools they have proven to be very effective!
I have ben traing for 2 months and cannot process a withdrawl.\
They will not allow me to make a withdrawl and will no longer take my calls.
I've been looking for a long time for a prop company that offers suitable conditions for me to show what I have got.I admit this is the best prop company with favorable conditions.
I chose a speedy challenge for passing the assessment and fortunately I passed the challenge but to be honest the rules of this challenge are really strict.
It's great that company has made sure that customers have all information about rules.
No matter how you feel about rules, it's much better when you know about them in advance.
In my opinion, those requirements imposed by the firm for traders are cool enough. However, I wish there was at least oe more trading platform. Just a kind of alternative.
When I compare this prop trading platform to other prop trading platforms that I have come across in the past, I appreciate some of the freedoms here.
I recently passed assessment and am already trading in live account. I feel that our cooperation with this company will bring me great income!
The platform provides access to various instruments and good leverage. The trading limits are also fair in my opinion, and very workable.
This prop trading firm is a great opportunity to…elevate your trading up a level let's put it this way.
But you have to be already experienced.
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.
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I found Ultimate Traders to offer a solid time with trading assets like forex and indices. The evaluation process is fair, though it requires strict risk management. Execution speed is reliable, and spreads are reasonable. While the trading environment is well-structured, support response times could be improved. Withdrawals are processed, but they can take time. Overall, it's a good platform for traders looking to refine their skills and grow within a prop firm.
Hello Niklas L.,
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.
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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: 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.
Answer: I would suggest you explore more about prop-trading. Although it is trading in its essence, it is an essentially different trading style compared to classic independent trading with your funds. Here very strict rules are applied and in general I don't think that this trading style suits long-term strategies. The main trait of long-term strategies is that you open a position and you should forget about it… while in prop trading you don't have this luxury. One needs to monitor and adjust his positions all the time, to avoid breaching the rules. So, I would say to focus more on short-term trading strategies, but I might be wrong… idk
Answer: The process of withdrawal is to a certain extent same with traditional brokerage service, where they don`t charge you anything, except the payment processors cut their shares, based on the method you choose. The thing that should be noted here, is that your profit gains will be split to the 80/20 or 90/10 ratio, to the funded account provider, meaning you don`t pay fees, except the mentioned processor`s, but give away your profit splits. It`s not surprising, regarding the fact that those payments are conducted once a month, in general, like the majority of props allow.
Answer: Usually, the Speedy challenge halves the leverage for all categories of assets. For instance, in Classic Challenge you have it 1:10 for indices and for Speedy Challenge it is already 1:5. It is the maximum leverage and trading conditions shall be also specified during the process.
Answer: Buddy, I think you know the answer to your question yourself if you've studied what Ultimate Traders offers to their clients. Сlassic type of assessment is exactly what you need to choose. You will have enough time to get used to the rules that this prop company sets for its traders. And it's also a simpler way, in my opinion. Here you are less likely to do something wrong and you can safely and without haste pass assessment. If you are in doubt, you can go to the official UT website and compare with the help of a special table conditions that this prop company sets for these two options for passing assessment
Answer: Yes, there are. Time consumption might be the first and most obvious difference, but there is also a difference in price. For instance, the entry fee for a $10,000 account size if you decide to go with the classic challenge is $99, while if you opt for the speedy challenge, it is $129. Also, there is a difference in offered account sizes. With Classic challenge, you can even choose a relatively small account size of $5000, while with the Speedy challenge, the smallest account size you can choose is $10,000.
Ultimate Traders has a rating of 4.7 stars from 78 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 40th among Personal Finance sites.
Hi Daniel C.,
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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