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MeritForex 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 6 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
MeritForex Forex
39/100 risk
🇻🇺 Vanuatu
Read review →
Ultima Forex
20/100 risk
🇬🇧 United Kingdom
Read review →
Safety & Trust
Scam-risk score lower = safer
39
20
Verdict
Guarded
Low risk
Regulated
Yes
Yes
Licenses
1
2
Tier-1 regulators
0
1
Trustpilot score
2.1
4.3
Reviews collected
68
875
Exit risk lower = safer
Guarded
Known clones
0
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
AA
Account types
0
4
Best for
Suits
Beginners seeking mentorship, Traders who prefer a guided approach
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 easy withdrawals, Those wary of pressure to increase deposits, Traders seeking transparent fee structures
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
A
Slippage
AAA
Swap cost
AA
Company
Founded
2019-04-10
2021-07-01
Headquarters
🇻🇺 Vanuatu
🇬🇧 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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