Frax Trade vs Ultima
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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An independent AI take on which of these fits you — from the data, not opinions for sale. Launching soon.
Safer pick Ultima leads on safety — winning 5 of 6
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
75
✓20
Verdict
Severe
Low risk
Regulatedⓘ
No
Yes
Licenses
0
✓2
Tier-1 regulatorsⓘ
0
✓1
Trustpilot score
2.2
✓4.3
Reviews collected
13
✓875
Exit riskⓘ lower = safer
—
Guarded
Known clonesⓘ
✓0
2
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$250
✓$20
Max leverage
1:200
1:2000
Min spread (best acct)
from 0
from 0
Commission
$3.5
✓$0
Cost grade
—
AA
Account types
4
4
Best for
Suits
—
Traders who prioritize fast deposits and withdrawals, Short-term traders who value low spreads and high leverage, Traders comfortable with a high-risk, high-reward environment
Not for
Traders seeking a regulated broker, Investors looking for reliable withdrawals, Anyone approached via social media with investment offers
Traders who need reliable, transparent withdrawal processes, Long-term investors who prioritize regulatory protection and stability, Traders who are wary of bonus-related restrictions and account freezes
Products & Funding
Instruments
45 currency pairs Stocks/ETFs, Options, Fixed Income & 8, 000+ Mutual Funds
250+ Currency pairs, Indices, Commodities, Share CFDs
Deposit methods
--
MASTER, VISA, BTC
Withdrawal
--
VISA, MASTER, BTC
Execution
Speed
—
A
Slippage
—
AAA
Swap cost
—
AA
Company
Founded
2025-01-03
2021-07-01
Headquarters
🇬🇧 United Kingdom
🇬🇧 United Kingdom
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.