About ULTIMATE RECOVERY BOARD
Overview
ULTIMATE RECOVERY BOARD is a financial entity registered in the United Kingdom, with a registered address in Great Neck, New York, USA. According to official records, it was founded on 13 November 2025. The broker operates under the domain ultrecoveryboard.com and presents itself as a financial service, though its exact nature is ambiguous.
Our review found no evidence of retail forex or CFD trading being offered. The broker's name and account structure suggest a focus on recovery services or a financial scheme rather than conventional brokerage. This lack of clarity raises immediate concerns for potential users.
Regulation and Licensing
Critically, ULTIMATE RECOVERY BOARD holds no regulatory licences from any known financial authority. The known facts list no regulators on file, and independent verification confirms an absence of oversight from bodies such as the FCA or SEC.
For traders, the complete lack of regulation means there is no external protection or recourse in the event of disputes. This is a significant red flag and a primary factor in the elevated scam risk score assigned by FXCanary.
Account Types and Minimum Deposits
The broker offers five account tiers: BEGINNER, TEST, BASIC, STANDARD, and BUSINESS. Minimum deposits range from $100 for the BEGINNER account up to $100,000 for the BUSINESS account, with intermediate levels at $500 (TEST), $3,000 (BASIC), and $25,000 (STANDARD).
Notably, no maximum leverage is provided for any account type, and trading instruments are unspecified. The account names and deposit thresholds appear arbitrary and do not align with typical industry standards for forex or CFD brokers.
Deposit Requirements and Transparency
The absence of information on instruments, leverage, trading platforms, and funding methods is striking. The broker's website, if accessible, may contain further details, but our records do not include this data.
Such lack of transparency is atypical for a legitimate broker and suggests that the entity may not be operating a genuine trading service. The high minimum deposits, particularly for the BUSINESS account at $100,000, could be intended to attract large sums with little accountability.
Target Audience and Suitability
Given the unregulated status and opaque offering, ULTIMATE RECOVERY BOARD is not suitable for any legitimate trader or investor. The broker appears to target individuals seeking debt recovery or financial problem resolution, but the account structure implies a potential for misappropriation of funds.
We strongly advise extreme caution. The combination of no regulation, high deposit requirements, and an ambiguous business model makes this broker highly risky and unsuitable for mainstream trading activities.
Overview compiled by FXCanary from regulatory records and public data. full ULTIMATE RECOVERY BOARD review