Broker Comparison

Ultima Markets vs Plus 500: Which Is Better?

A quick comparison between Ultima Markets and Plus 500 across rating, deposit, Islamic account, platforms, and spreads.

Quick Recommendation
Ultima Markets

Best overall based on rating, usability, fees, and account access.

Overall
Ultima Markets
Beginners
Tie
Spreads
Ultima Markets
Best Overall

Ultima Markets

High leverage trading

4.3out of 5
Ultima Markets
Minimum Deposit
$50
Islamic Account
Available
Trading Platforms
MT4 | MT5 | WebTrader | Mobile App

Plus 500

Beginners

3.9out of 5
Plus 500
Minimum Deposit
$100
Islamic Account
Available
Trading Platforms
WebTrader | Mobile App
Final Verdict

Which broker is better: Ultima Markets or Plus 500?

A quick summary to help you choose the better broker based on your goal.

Overall Winner
Ultima Markets

Best balance between rating, fees, trust, and usability.

Beginners
Close
Spreads
Ultima Markets
Deposit
Ultima Markets
Quick Summary

If you want the stronger overall choice, Ultima Markets looks more suitable here. For beginners, the closer choice is both brokers. For lower spreads and active trading, Ultima Markets looks more relevant.

Account opening is completed through the broker’s official website.

Score Analysis

Strength Analysis Between Ultima Markets and Plus 500

A visual summary showing where each broker performs better in safety, fees, platforms, deposits and withdrawals, and support.

Best Overall: Ultima MarketsBeginners: Very Close

Safety & Trust

Reflects regulation strength and client fund protection.

Close
Ultima Markets4.3 / 5
Plus 5004.2 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Better: Ultima Markets
Ultima Markets4.3 / 5
Plus 5003.8 / 5

Trading Platforms

Based on platform quality and available trading tools.

Better: Ultima Markets
Ultima Markets4.4 / 5
Plus 5003.7 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Small Edge
Ultima Markets4.4 / 5
Plus 5004.0 / 5

Support & Customer Service

Compares support quality and overall user experience.

Better: Ultima Markets
Ultima Markets4.3 / 5
Plus 5003.8 / 5

These scores help you understand where each broker performs better depending on your priority: safety, costs, platforms, deposits and withdrawals, or support.

Accounts & Trading Costs

Account and Fee Comparison

A quick summary of the main cost factors between Ultima Markets and Plus 500.

Quick Summary
Ultima Markets

Ultima Markets looks stronger in terms of cost or spreads.

Ultima Markets Accounts
4
Plus 500 Accounts
1
Beginners
Very Close
Factor
Ultima Markets
Plus 500
Main Account
Standard
Standard
Min Deposit
$50
$100
Spread
1.0 - 1.5
0.6 - 1.2
Commission
$0
$0
Execution
Market Execution
Market Execution

Ultima Markets Accounts

4 available accounts

Standard
Spread
1.0 - 1.5
Commission
$0
Deposit
$50
Execution
Market Execution
ECN
Spread
0.0 - 0.3
Commission
$5 per lot
Deposit
$50
Execution
Market Execution
Standard Cent
Spread
1.0 - 1.5
Commission
$0
Deposit
$50
Execution
Market Execution
ECN Cent
Spread
0.0 - 0.3
Commission
$5 per lot
Deposit
$50
Execution
Market Execution

Plus 500 Accounts

1 available account

Standard
Spread
0.6 - 1.2
Commission
$0
Deposit
$100
Execution
Market Execution

Start with the broker that fits you best

After reviewing accounts and costs, choose the broker that better matches your trading style.

The most important factor is not only the number of accounts, but choosing the account that fits your needs in terms of spread, commission, minimum deposit, and execution method.

Quick Decision

Which Broker Should You Choose Now?

A practical summary to choose the better broker based on your goal.

Overall Recommendation
Ultima Markets

The strongest overall choice based on this comparison.

Beginners
Both Suitable
Costs
Ultima Markets
Short Decision

Choose Ultima Markets if you want the strongest overall option. For an easier start, the closer choice is both brokers.

FAQs

Questions About Ultima Markets and Plus 500

Key questions before opening an account.

Ultima Markets
Plus 500

Is Ultima Markets a legit broker or a scam?

Ultima Markets is a real trading broker operating under entities such as FSC and FSCA. While it provides actual trading services, its regulatory strength is lower than top-tier brokers, which is why some user complaints exist, usually related to withdrawals or verification processes.

How fast are withdrawals from Ultima Markets?

Withdrawals at Ultima Markets are generally fast for crypto and e-wallets, often processed within hours, while bank transfers can take between 1 to 5 business days depending on the method and verification status.

Why is my withdrawal delayed on Ultima Markets?

Withdrawal delays are usually caused by incomplete account verification, security checks, or using a different withdrawal method than the deposit method, which are standard procedures for fund protection.

How competitive are Plus500 spreads compared to other CFD brokers?

Plus500 typically offers spreads between 0.6 to 1.2 pips on major forex pairs. While competitive for a commission-free broker, spreads may be higher compared to ECN brokers that offer raw pricing.

Does Plus500 charge commissions or is everything included in the spread?

Plus500 uses a spread-based pricing model, meaning there are no separate commissions on trades. All trading costs are built into the spread, making pricing simple but sometimes less transparent.

What is the minimum deposit required to open a Plus500 account?

The minimum deposit at Plus500 starts from $100, which is standard for regulated CFD brokers and higher than entry-level platforms.

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