Broker Comparison

Ultima Markets vs XS: Which Is Better?

A quick comparison between Ultima Markets and XS 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
Ultima Markets
Spreads
Tie
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

XS

Low spreads

4.3out of 5
XS
Minimum Deposit
$200
Islamic Account
Available
Trading Platforms
MT4 | MT5
Final Verdict

Which broker is better: Ultima Markets or XS?

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
Ultima Markets
Spreads
Close
Deposit
Ultima Markets
Quick Summary

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

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

Score Analysis

Strength Analysis Between Ultima Markets and XS

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

Best Overall: Ultima MarketsBeginners: Ultima Markets

Safety & Trust

Reflects regulation strength and client fund protection.

Small Edge
Ultima Markets4.3 / 5
XS4.5 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Close
Ultima Markets4.3 / 5
XS4.2 / 5

Trading Platforms

Based on platform quality and available trading tools.

Close
Ultima Markets4.4 / 5
XS4.4 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Small Edge
Ultima Markets4.4 / 5
XS4.0 / 5

Support & Customer Service

Compares support quality and overall user experience.

Close
Ultima Markets4.3 / 5
XS4.3 / 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 XS.

Quick Summary
Costs Are Close

There is no clear cost winner; the account type is the key factor.

Ultima Markets Accounts
4
XS Accounts
5
Beginners
Ultima Markets
Factor
Ultima Markets
XS
Main Account
Standard
Standard
Min Deposit
$50
No minimum deposit
Spread
1.0 - 1.5
1.1 – 1.8
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

XS Accounts

5 available accounts

Standard
Spread
1.1 – 1.8
Commission
$0
Deposit
No minimum deposit
Execution
Market Execution
Micro
Spread
1.1 – 1.8
Commission
$0
Deposit
No minimum deposit
Execution
Market Execution
Cent
Spread
1.1 – 1.8
Commission
$0
Deposit
No minimum deposit
Execution
Market Execution
Pro
Spread
0.6 – 1.0
Commission
$0
Deposit
$500
Execution
Market Execution
Elite
Spread
0.0 – 0.2
Commission
$6 per lot
Deposit
$500
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
Ultima Markets
Costs
Very Close
Short Decision

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

FAQs

Questions About Ultima Markets and XS

Key questions before opening an account.

Ultima Markets
XS

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.

What account types does XS offer and which one is best?

XS offers multiple account types including Standard, Cent, Micro, Pro, Elite, and VIP. Beginners usually start with Standard or Cent accounts, while experienced traders prefer Elite or Pro accounts for lower spreads.

Is XS a legit broker or should traders be cautious?

XS operates under multiple regulatory licenses such as ASIC and CySEC, but not all entities are considered top-tier. Traders should always check the specific regulatory entity before opening an account.

Does XS really allow trading with no minimum deposit?

Yes, XS offers accounts like Standard, Micro, and Cent with no minimum deposit requirement, allowing traders to start with very small amounts.

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