HFM vs Ultima Markets

What each publishes, side by side. — means we haven't got it from the broker's own pages.

	HFM	Ultima Markets
Licences on a register	6 of 6	2 of 3
Regulators	FSCAFCACySECFSA SeychellesCMA KenyaDFSA	FSCAFCAFSC Mauritius
Lowest spread	0.0Advertised minimum on Zero (forex & gold); Premium from 1.2	0.0ECN account
Commission / lot	from $3Zero account, per lot as stated by HFM (per-side or round-trip not specified). Premium: no commission	$5ECN account, as listed
Min deposit	R0Premium account. Zero R450, Pro R900, Pro Plus R1,800	$50
Max leverage	—	1:2000
Platforms	—	MT4, MT5, Webtrader
Licences stated✓ = matched on register	✓ FSCA 46632 ✓ FCA 801701 ✓ CySEC 183/12 ✓ FSA Seychelles SD015 ✓ CMA Kenya 155 ✓ DFSA F004885	· FSCA 52497 ✓ FCA 470325 ✓ FSC Mauritius GB23201593
Regulator warningsFCA list, name match	Unauthorised firm using a similar name Clone of an authorised firm Unauthorised firm using a similar name Unauthorised firm using a similar name	None found
Trustpilot	4.52,935 reviewsRead on Trustpilot ↗	—Read on Trustpilot ↗
Regulator warning naming the firm	None found	Yes
Visit	Visit HFM	Visit Ultima Markets

Broker onevsBroker two

Not a recommendation. Info may be out of date or wrong. Always check with the regulator before you trade.