ANSWER We strongly advise against using Ultimate Traders.The broker exhibits clear signs of a scam, such as a lack of transparency and the use of hyperbolic language without any credible evidence, like licensing information, to support its claims. Notably, the New Zealand Financial Markets Authority (NZ FMA) has recently alerted the public to a fake celebrity investment scam, releasing a list of implicated websites. Ultimate Traders is included on this list.Therefore, Ultimate Traders is deemed fraudulent, and investors are cautioned to avoid it in order to safeguard their investments. For a more secure trading environment and peace of mind, we recommend considering fully regulated brokers.
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