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IronFX 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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Safer pick Ultima leads on safety — winning 5 of 7 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
IronFX Forex
32/100 risk
Anguilla
Read review →
Ultima Forex
20/100 risk
🇬🇧 United Kingdom
Read review →
Safety & Trust
Scam-risk score lower = safer
32
20
Verdict
Guarded
Low risk
Regulated
Yes
Yes
Licenses
4
2
Tier-1 regulators
2
1
Trustpilot score
2.3
4.3
Reviews collected
722
875
Exit risk lower = safer
Severe
Guarded
Known clones
5
2
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$20
Max leverage
1:200
1:2000
Min spread (best acct)
from 0
from 0
Commission
$0
Cost grade
AA
Account types
4
4
Best for
Suits
Traders who are comfortable with high leverage (up to 1:2000) and a wide range of instruments, Experienced traders who have built a relationship with the broker over time
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 who prioritize reliable withdrawals and responsive customer support, Beginners who may be vulnerable to account closure or fund confiscation, Those concerned about regulatory arbitrage practices
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
Forex, Metals, Indices, Commodities, Futures, Shares
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
2020-11-13
2021-07-01
Headquarters
Anguilla
🇬🇧 United Kingdom
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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