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LMAX GROUP 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 4 of 6 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
LMAX GROUP Forex
24/100 risk
🇬🇧 United Kingdom
Read review →
Ultima Forex
20/100 risk
🇬🇧 United Kingdom
Read review →
Safety & Trust
Scam-risk score lower = safer
24
20
Verdict
Low risk
Low risk
Regulated
Yes
Yes
Licenses
3
2
Tier-1 regulators
2
1
Trustpilot score
2.2
4.3
Reviews collected
18
875
Exit risk lower = safer
Guarded
Known clones
3
2
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$20
Max leverage
1:2000
Min spread (best acct)
from 0
Commission
$0
Cost grade
D
AA
Account types
0
4
Best for
Suits
Professional traders valuing low spreads and fast execution, Institutional clients with strict compliance needs
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
Retail traders requiring easy and prompt withdrawals, High-frequency traders seeking high leverage
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
250+ Currency pairs, Indices, Commodities, Share CFDs
Deposit methods
MASTER, VISA, BTC
Withdrawal
VISA, MASTER, BTC
Execution
Speed
AA
A
Slippage
C
AAA
Swap cost
D
AA
Company
Founded
2017-09-12
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.

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