Ultimate Traders Reviews

Taking into account recent market conditions, when commodities outperform crypto by their volatility, I need a fast way to get funded, but still manageable max drawdowns. Speedy challenge here suits this purpose perfectly. 6% max loss is a good offer, compared to 8% on classic challenges, I’ve seen on other platforms.
The rules were transparent. I even traded news, thanks to a separately bought package for this. There was even a possibility to run expert advisors, but I didn’t risk it. Got funded and my payouts, though their payment system by deel looked odd to me.

I failed there, but when I chose a classic challenge, it went quite good...

one of the best rules, like 6% on daily is very nice. allows plenty of flexibility, and profit %'s are fair too.

I'm trading for yself and enjoying that, but just to test myself, tried to get the 5k account here. The experience, can say, taiught me quite a bit about myself. I was way too reckless, turns out. I had frequent 6-8% drawdowns in a day. Glad I've tried, reassesset my risk-management, completely now. Mby will try later, a slower challenge, not speedy.

pretty hard to complete, need to have a day without any news events, and thats when I trade. news too unpredictable now

The most appealing thing about this prop was that they had a fair rules. Once I clarified everything I needed with their support, I didn't face anything that we didn't discussed about.
Sure thing I didn't risk to hedge or something just like, but during news and lower TF entries, no one told me anything. To be on the safe side I bought a new package, which at the same gave 90% split after O got funded.
By the way, they kept the same approach during funded stage. I got my payout easilty without begging or waiting too long. They used some third party platform for this, but it doesn't matter, as long as they paid.

The trading engine is metatrader, which is proof that this prop trading firm is legit. Also comments from other traders confirm that it’s reliable

What matters the most for me when choosing a prop trading platform is the reputation, and can confirm that ultimate traders have pretty good customer satisfaction scores based on the reviews from their partners online. I didn’t find any open case with a trader, which for a prop trading firm is a huge plus. As for the trading rules, they are pretty standard, including the pricing. The only standout feature is the offer for a speedy challenge, but this was not attractive for me.

Ultimate trader's a solid prop firm for both beginners and experienced people. The usual classic challenges are welcoming to all, while I think that a speedy challenge could be better for those with some trading experience. Rules are really simple and you don't get many restrictions when it comes to trading. Though I'd say double hedging is prohibited and that's right cuz it's the violation of the rules. Anyway, it's a decent company, and the advantage is 3rd party payment gateaway - so payments are more comfortable.
And while we are at it - I think the best advice I can give is - always make sure you don't risk more than 1% of your whole capital on a trade.

Their trading rules are pretty advantageous. With the classic challenge the profit target is always lower than max drawdown, which makes it so much easier to pass.

I did several tries but failed to stay within the limits, and after I got lucky to get funded by $10k trhough the classic challenge.
I wouldn't say the rules are harsh, I just needed to be more patient and not get into emoptional mode;)
overall, it's legit prop trading - the rules are doable, and if you wanna quickly test the overall envirnoment - do speedy challeneg...

It’s not that easy to pass the challenge, but possible. I did it!

scarcity of funds, that was my issue - to grow small account is really hard. So I turned to prop tradign firms, and the one that was the great choice for me is Ultimate Traders. It stood out among all with its affordable pricing, clear rules, fast support team. After 3 attempts, I managed to get funded with 50k completing classic challenge, wasnt easy, but worth