Ultimate Traders

Ultimate Traders Reviews

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4.8
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Ultimate review

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.

Rules

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.

real prop trading firm

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...

got the funds

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