Broker Alarab
Detailed Trading Account Comparison

Trading Account Comparison: FP Markets Standardvs Ultima Markets Standard

Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.

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ACCOUNT OVERVIEW

What Makes FP Markets Standard Different from Ultima Markets Standard?

Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.

FP Markets Standard

The FP Markets Standard account is the standard option for traders who prefer spread-only pricing without a separate trading commission. According to Broker Alarab data, spreads range from 1.0–1.5 pips with a recorded average of 1.2 pips, commission is $0, the minimum deposit is $100 and orders use Market Execution. It differs clearly from the Raw account, which offers tighter spreads in exchange for a per-lot commission.

Ultima Markets Standard

The Ultima Markets Standard account uses straightforward spread-based pricing without a separate per-lot commission. According to Broker Alarab data, spreads range from 1.0–1.5 pips, commission is $0, the minimum deposit is $50 and orders use Market Execution, making Standard an important comparison point against ECN for traders balancing simpler costs with tighter spreads.

SIDE-BY-SIDE COMPARISON

Compare Trading Accounts, Spreads, Commissions and Platforms

Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.

FP Markets
Standard
Ultima Markets
Standard

01 — Basic Account Information

Compare the broker, account name, account classification and regulatory information.

Broker

FP Markets
FP Markets
Ultima Markets
Ultima Markets

Account Name

FP Markets
Standard
Ultima Markets
Standard

Account Type

FP Markets
standard
Ultima Markets
standard

Broker Regulatory Licenses

Broker-level regulatory information. Verify which legal entity serves your country.

FP Markets
ASIC | CySEC | FSCA | FSA | FSC | CMA
Ultima Markets
FSC | FSCA

02 — Spreads and Trading Costs

Compare the recorded trading costs without assuming undocumented pricing.

Advertised Spread Range

FP Markets
1.0 - 1.5
Ultima Markets
1.0 - 1.5

Minimum Recorded Spread

Based on the available account information.

FP Markets
1
Ultima Markets
1

Average Recorded Spread

FP Markets
1.2
Ultima Markets
1.2

Advertised Commission

FP Markets
$0
Ultima Markets
$0

03 — Deposits and Execution

Review account funding requirements and order execution characteristics.

Minimum Deposit

FP Markets
$100
Ultima Markets
$50

Order Execution Method

FP Markets
Market Execution
Ultima Markets
Market Execution

Trading Platforms

Available platforms may differ by account type.

FP Markets
MT4 | MT5 | cTrader | TradingView
Ultima Markets
MT4 | MT5 | WebTrader | Mobile App

04 — Account Features and Conditions

Review relevant account characteristics and trading suitability.

Scalping Suitability

An internal classification, not a guarantee of suitability.

FP Markets
Not classified in this category
Ultima Markets
Not classified in this category

05 — Broker Information and Regulation

Broker-level information does not guarantee that every license applies to the selected account.

Listed Regulatory Licenses

FP Markets
ASIC | CySEC | FSCA | FSA | FSC | CMA
Ultima Markets
FSC | FSCA

Broker Maximum Leverage

Actual leverage may depend on the account, jurisdiction and legal entity.

FP Markets
1:500
Ultima Markets
1:2000

Open a Trading Account

FP Markets
Open Account ↗
Ultima Markets
Open Account ↗

Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.

EXPERT ANALYSIS

Broker Alarab's Assessment of Both Accounts

We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.

FP Markets logo

FP Markets

Standard

Ultima Markets logo

Ultima Markets

Standard

Broker Alarab's Assessment

We see FP Markets Standard as suitable for traders who prefer a straightforward cost structure without a separate per-lot commission. Its listed 1.0–1.5 pip spread range is wider than Raw, but Standard removes the $6 per-lot separate commission attached to the other account. The choice therefore depends on trading style and volume rather than the lowest spread alone.

Broker Alarab's Assessment

We see Ultima Markets Standard as suitable for traders who want straightforward pricing without a separate commission. Because ECN carries the same $50 minimum deposit in our data, comparing the two is essential. Standard is simpler to price, while ECN provides tighter spreads for a commission, so the choice should reflect trading size and frequency rather than deposit alone.

Account Advantages

  • ✓No separate trading commission according to Broker Alarab data
  • ✓Spread-only pricing instead of adding a per-lot commission
  • ✓Listed spreads range from 1.0–1.5 pips with a 1.2-pip recorded average
  • ✓Minimum deposit is $100
  • ✓Straightforward cost structure for traders who prefer pricing incorporated into the spread

Account Advantages

  • ✓No separate trading commission according to Broker Alarab data
  • ✓Spreads range from 1.0–1.5 pips in our dataset
  • ✓The minimum deposit is $50
  • ✓Straightforward pricing structure based primarily on spread
  • ✓Easy to compare directly with ECN when choosing a pricing model

Disadvantages and Considerations

  • !The listed spread range is wider than the Raw account
  • !No separate commission does not mean trading cost is zero
  • !The 1.0-pip minimum is not a fixed spread for every transaction
  • !Active traders should compare total expected cost with Raw before choosing

Disadvantages and Considerations

  • !The displayed spread range is wider than ECN in our data
  • !ECN carries the same $50 minimum deposit requirement
  • !No separate commission does not mean trading is cost-free
  • !The ECN pricing model becomes increasingly important to compare as trading volume or frequency rises

Who Is This Account Suitable For?

  • •Traders who prefer spread-only pricing according to our account categorization
  • •Users who prefer not to pay a separate trading commission per lot
  • •Traders seeking a relatively straightforward pricing model
  • •Users comparing Standard with Raw who prioritize the absence of a separate commission

Who Is This Account Suitable For?

  • •Traders who prefer an account without a separate per-lot commission
  • •Users looking for an Ultima Markets account with easy-to-understand pricing
  • •Beginners and traders who prefer a spread-based pricing model
  • •Traders who do not want to calculate a separate commission alongside trading volume

Detailed Account Analysis

FP Markets Standard vs Raw: What Is the Cost Difference?

The primary difference is how trading costs are structured. Standard has listed spreads of 1.0–1.5 pips with a $0 separate commission, while Raw has 0.0–0.3 pip spreads with a $6 per-lot commission. Both require a $100 minimum deposit and use Market Execution, so the meaningful comparison centers on spreads, commission and expected trading volume.

Is the FP Markets Standard Account Commission-Free?

Yes. The separate commission recorded for FP Markets Standard by Broker Alarab is $0. However, commission-free pricing does not mean trading cost is zero because the listed 1.0–1.5 pip spread remains a key cost component. The spread should therefore be considered when comparing Standard with the tighter-spread Raw account and its separate commission.

How Should Traders Read the FP Markets Standard Spread?

Broker Alarab data records a 1.0–1.5 pip spread range and a 1.2-pip average for the Standard account. The average provides additional context compared with looking only at the 1.0-pip minimum. Traders comparing FP Markets account types should evaluate these figures together with the $0 commission and contrast them with the different pricing structure of Raw.

Detailed Account Analysis

Ultima Markets Standard vs ECN: Which Account Costs Less?

This is the most important Ultima Markets account comparison because Standard and ECN carry the same $50 minimum deposit in Broker Alarab data. Standard has spreads of 1.0–1.5 pips with no separate commission, while ECN narrows the range to 0.0–0.3 pips for a $5-per-lot commission. Deposit size therefore does not decide between them. Traders need to compare the spread difference with commission at their actual trading volume to determine which pricing model may produce the lower overall transaction cost.

Is the Ultima Markets Standard Account Really Commission Free?

The separate trading commission listed for Standard is $0, meaning our data does not apply an additional per-lot trading commission to the account. That does not make each transaction free because the 1.0–1.5 pip spread remains part of entry and exit cost. Searching for a commission-free account should therefore go beyond the commission figure and include spread, particularly when comparing Standard with the tighter-spread, commission-based ECN account.

Is Ultima Markets Standard Suitable for Beginners?

Standard can be easier for newer traders to understand because its pricing does not add a separate per-lot commission, while the minimum deposit in our data is $50. Simpler pricing does not automatically make it the best account for every beginner, however. Traders still need to understand spreads, leverage, position sizing and risk management. With ECN carrying the same minimum deposit, understanding spread-only versus spread-plus-commission pricing is particularly useful before choosing.

Important details about the FP Markets Standard account

The separate commission is $0

There is no separate trading commission according to Broker Alarab data, but the listed 1.0–1.5 pip spread remains a direct component of trading cost.

The minimum deposit is $100

This is the account requirement stored in our data and is not a recommendation that $100 represents appropriate trading capital or risk management.

Standard and Raw have the same minimum deposit

Both accounts are listed with a $100 minimum deposit, so the main difference in our data is their spread and commission structure rather than their entry requirement.

Important details about the Ultima Markets Standard account

$0 commission does not mean zero trading cost

Standard has no separate trading commission in our data, but its 1.0–1.5 pip spread remains part of transaction cost and should be included in any meaningful account comparison.

The $50 minimum deposit is not suggested trading capital

Broker Alarab data lists a $50 minimum deposit for Standard. This is an account requirement rather than guidance on appropriate capital for a particular strategy, position size or risk level.

Compare Standard with ECN before opening an account

Both accounts carry the same minimum deposit in our data but use clearly different pricing models. Standard has no separate commission, while ECN reduces spreads and adds a per-lot trading commission.

Read the Full Account Review →
Read the Full Account Review →
DECISION GUIDE

How to Choose the Right Trading Account

Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.

01

Compare Spreads and Commissions Together

The recorded spread for FP Markets Standard is 1.0 - 1.5, while Ultima Markets Standard shows 1.0 - 1.5. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.

02

Review Minimum Deposit Requirements

The recorded minimum deposit for FP Markets Standard is $100, compared with $50 for Ultima Markets Standard. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.

03

Compare Trading Platforms and Execution

Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.

04

Verify Regulation and Eligibility

Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.

FREQUENTLY ASKED QUESTIONS

FAQs About FP Markets Standard vs Ultima Markets Standard

Answers to common questions about account comparisons, trading costs and account conditions.

What is the difference between FP Markets Standard and Ultima Markets Standard?+
The recorded spread for FP Markets Standard is 1.0 - 1.5, compared with 1.0 - 1.5 for Ultima Markets Standard. The advertised commissions are $0 and $0, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
What is the FP Markets Standard account?+
FP Markets Standard is the standard account using spread-only pricing without a separate trading commission. According to Broker Alarab data, spreads range from 1.0–1.5 pips with a recorded average of 1.2 pips, commission is $0, the minimum deposit is $100 and orders use Market Execution.
What are the FP Markets Standard spread and commission?+
According to Broker Alarab data, Standard spreads range from 1.0–1.5 pips with a recorded average of 1.2 pips, while the separate commission is $0. No separate commission does not mean there is no trading cost because the spread remains the primary listed component of the account pricing model.
What is the FP Markets Standard minimum deposit?+
The minimum deposit recorded for FP Markets Standard is $100. This is the same minimum deposit recorded for the Raw account in Broker Alarab data. The two accounts therefore do not differ on this requirement, while their spread and commission structures differ substantially.
What is the difference between FP Markets Standard and Raw?+
Standard has listed spreads of 1.0–1.5 pips without a separate commission, while Raw has 0.0–0.3 pip spreads with a $6 per-lot commission. Both accounts have a $100 minimum deposit and use Market Execution, so the comparison primarily centers on their pricing structures.
What is the Ultima Markets Standard account?+
The Ultima Markets Standard account uses a pricing model based primarily on spreads without a separate trading commission. According to Broker Alarab data, spreads range from 1.0–1.5 pips, commission is $0, the minimum deposit is $50 and orders use Market Execution. It provides the simpler pricing structure when compared with the commission-based ECN account.
What is the Ultima Markets Standard spread and commission?+
According to Broker Alarab data, Ultima Markets Standard spreads range from 1.0–1.5 pips and there is no separate trading commission. Zero commission does not make transactions cost-free because spread remains an important trading expense. Standard should therefore be compared with ECN using both spread and commission rather than the commission figure alone.

Explore Both Trading Accounts in Detail

Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.

View FP Markets Standard →View Ultima Markets Standard →
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