Choose FxPro if you want…
Multi-platform traders who want cTrader alongside MetaTrader, plus broad index/CFD coverage from a CySEC-regulated broker.
FxPro
⭐ 4.5 / 5
VS
Ultima Markets
⭐ 4.1 / 5
FxPro vs Ultima Markets — which broker is better in 2026?
We compared FxPro and Ultima Markets across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. FxPro wins on more criteria (3 categories vs 2), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| FxPro | Ultima Markets | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.5 / 5 | ⭐ 4.1 / 5 | FxPro |
| Regulators | CySEC, FCA, FSCA, SCB | CySEC, FSC Mauritius | FxPro |
| Min. deposit | $100 | $50 | Ultima Markets |
| Spreads from | 0.3 pips (cTrader Raw) | 0.0 pips (Raw) | Ultima Markets |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (offshore) | 1:500 | — |
| Platforms | MT4, MT5, cTrader, FxPro Edge | MT4, MT5 | FxPro |
| Founded | 2006 | 2016 | — |
| HQ | Limassol, Cyprus | Port Louis, Mauritius | — |
Pros & cons compared
FxPro pros
- ✓ Multi-platform: MT4, MT5, cTrader and proprietary FxPro Edge
- ✓ Tier-1 regulation under CySEC and FCA
- ✓ No-Dealing-Desk execution model — no requotes
- ✓ Cyprus-headquartered with strong EU + MENA presence
- ✓ Negative balance protection across all entities
Cons
- ✗ Higher minimum deposit ($100) than budget brokers
- ✗ EU leverage capped at 1:30 for retail clients (ESMA rules)
- ✗ Inactivity fee after 6 months of dormancy
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 — FxPro or Ultima Markets?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), FxPro wins 3 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is FxPro more regulated than Ultima Markets?
FxPro holds licenses from: CySEC, FCA, FSCA, SCB. Ultima Markets holds licenses from: CySEC, FSC Mauritius. FxPro has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at FxPro vs Ultima Markets?
FxPro spreads start from 0.3 pips (cTrader Raw). Ultima Markets spreads start from 0.0 pips (Raw). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, FxPro or Ultima Markets?
FxPro: $100. Ultima Markets: $50. Ultima Markets has the lower entry barrier.
