Ultima Markets vs ZoraFX

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, Ultima Markets currently holds a stronger overall rating (4.7) than ZoraFX (4.6). Ultima Markets has a lower minimum deposit, at 50.0. Both platforms offer their clients demo accounts, mobile trading. Ultima Markets offers a greater leverage limit of 1:2000, whereas ZoraFX allows a maximum of only 1:300.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
4.7/5 (47 reviews)
4.7/5
4.7/5
4.7/5
4.6/5
4.6/5 (13 reviews)
4.6/5
4.6/5
4.6/5
4.6/5
Minimum deposit ($) 50.0 100.0
Commission 5.0 -
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 100.0 -
Spread Variable Variable
Broker type STP, ECN, Cent STP, ECN, NDD, DMA, Pro
Maximal leverage (1:?) 2000 300
Availability STP, ECN, Cent STP, ECN, NDD, DMA, Pro
Regulation FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius) -
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform, R WebTrader, UM Social MetaTrader 5 (MT5)
Funding/Withdrawal methods Wire Transfer, Credit Card, UnionPay, Bitcoin, AliPay, Multiple local methods, Crypto, Apple Pay, Google Pay, USDT, Visa, Mastercard USDT
Account Currency USD, GBP, EUR, JPY, NZD, CAD, SGD, HKD, AUD USD
Languages English, Spanish, French, German, Japanese, Italian, Indonesian, Malay, Thai, Arabic, Vietnamese, Korean, Turkish, Simplified Chinese, Traditional Chinese English, Persian
Country Mauritius United Arab Emirates
Trading platform(s) timezone Cyprus, Hong Kong, Mauritius, Thailand, United Kingdom United Arab Emirates
Other trading instruments Indices, Commodities, Energies, CFDs, Cryptocurrency, Precious Metals, Bonds, ETFs, Share CFDs, Forex Stocks, CFDs, Cryptocurrency, Precious Metals, Forex
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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