Choose Exness if you want…
Active traders and scalpers prioritizing tight raw spreads and fast withdrawals; MENA traders in particular.
Exness
⭐ 4.6 / 5
VS
Ultima Markets
⭐ 4.1 / 5
Exness vs Ultima Markets — which broker is better in 2026?
We compared Exness and Ultima Markets across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. Exness wins on more criteria (4 categories vs 0), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| Exness | Ultima Markets | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.6 / 5 | ⭐ 4.1 / 5 | Exness |
| Regulators | CySEC, FCA, FSCA, FSA Seychelles | CySEC, FSC Mauritius | Exness |
| Min. deposit | $10 | $50 | Exness |
| Spreads from | 0.0 pips (Raw Spread / Zero account) | 0.0 pips (Raw) | Tie |
| Max. leverage | Up to 1:Unlimited (jurisdiction dependent) | 1:500 | — |
| Platforms | MT4, MT5, Exness Terminal (web), Exness Mobile | MT4, MT5 | Exness |
| Founded | 2008 | 2016 | — |
| HQ | Limassol, Cyprus | Port Louis, Mauritius | — |
Pros & cons compared
Exness pros
- ✓ Industry-leading raw spreads from 0.0 pips on majors
- ✓ Instant withdrawals 24/7 via crypto and e-wallets
- ✓ Multi-jurisdictional regulation including CySEC and FCA
- ✓ Strong MENA presence with Arabic-language support
- ✓ Negative balance protection on all account types
Cons
- ✗ Variable leverage caps depending on entity (EU = 1:30 retail)
- ✗ Limited educational content vs. competitors like XM
- ✗ No proprietary trading platform beyond MT4/MT5
Ultima Markets pros
- ✓ CySEC + FSC Mauritius regulation
- ✓ Raw spreads from 0.0 pips
- ✓ Investor Compensation Fund (ICF) membership on the EU entity
- ✓ Full MT4 and MT5 support
Cons
- ✗ Offshore entity used for the higher 1:500 leverage
- ✗ Younger brand with limited public track record
- ✗ Modest proprietary tooling beyond MetaTrader
Which one should you choose?
Choose Ultima Markets if you want…
Traders who want CySEC-backed raw-spread accounts with global reach and high offshore leverage.
Frequently asked questions
Which is better — Exness or Ultima Markets?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), Exness wins 4 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is Exness more regulated than Ultima Markets?
Exness holds licenses from: CySEC, FCA, FSCA, FSA Seychelles. Ultima Markets holds licenses from: CySEC, FSC Mauritius. Exness has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at Exness vs Ultima Markets?
Exness spreads start from 0.0 pips (Raw Spread / Zero account). Ultima Markets spreads start from 0.0 pips (Raw). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, Exness or Ultima Markets?
Exness: $10. Ultima Markets: $50. Exness has the lower entry barrier.
