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Ultima Capital Review
Ultima Capital was an unregulated forex broker tied to a UK company that Companies House dissolved in 2024. Its old website no longer loads.
Min Deposit
N/A
Spreads From
Not applicable
Max Leverage
Not applicable
Platforms
N/A
Pros
- Ultima Capital FX Ltd was a real UK registered company, not only a website
- The firm listed a central London office address on its old filings
- It offered four separate account tiers, from a Micro up to a PMS account
- WikiFX records show no fine or lawsuit filed against the old company
Cons
- Ultima Capital FX Ltd was dissolved by Companies House in April 2024
- No regulator such as the FCA or ASIC ever licensed this broker
- Its website, ultimacapitalfx.com, returns an error page today
- Reviewers report withdrawal refusals tied to scalping accusations
- A near identical name, Ultima Capital FX, is also unregulated and easy to mix up with this one
Ultima Capital marketed itself as a forex broker at ultimacapitalfx.com, with a listed office on Shelton Street in central London. The named company, Ultima Capital FX Ltd, was incorporated in April 2022 and offered four account tiers with leverage as high as 1:1000.
No regulator ever licensed this firm. We found no record with the FCA, ASIC, or any other authority, and WikiFX scored it near one out of ten. Independent reviewers reported traders being refused withdrawals, sometimes after staff accused them of scalping or risk free arbitrage.
UK Companies House confirms Ultima Capital FX Ltd was dissolved on 23 April 2024, and the site now returns an error page. A near identical name, Ultima Capital FX, also turns up in broker checkers and is equally unregulated, so do not mix up either one with the properly licensed broker Ultima Markets.
Max Leverage
Not applicable
Spreads From
Not applicable
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
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