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About WikiFX
ULTRA FX
Regulatory Status
Not RegulatedRegulation & License
Regulatory Information: No valid regulatory information found. Proceed with caution.
Score
1.99 /10 Regulation
2.69
Tech
4.58
Reputation
3.26
Business
6.82
Risk Control
2.77
ULTRA FX Comprehensive Review
ULTRA FX is not a regulated broker, which means client funds and trading activities lack credible oversight, resulting in a weak overall safety profile that requires high risk vigilance.
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Is ULTRA FX Safe?
Regulatory Status
ULTRA FX operates without any recognized forex trading licenses. The company does not hold authorization from any major financial regulator. Trading with an unregulated entity carries significant risks, as it is not subject to standard supervisory requirements for client fund segregation, financial reporting, or dispute resolution.Trust Score
ULTRA FX has an exceptionally low WikiFX score of 1.53/10, reflecting severe safety and reliability concerns. The regulatory, license, and risk control indices are all at 0.0, indicating a complete absence of credible oversight and operational safeguards. While the software index is moderate at 4.0 and the business index is 7.17, these metrics are overshadowed by the fundamental lack of regulation.Business Scale
ULTRA FX offers trading on the MetaTrader 4 (MT4) platform, which is a common industry standard. However, specific details regarding its operational scale, such as server infrastructure, client base size, or trading volume, are not publicly disclosed. The firm operates under a suspicious business scope.Operating History
The broker has been operating for an estimated 5-10 years. It is registered in Hungary, but this registration does not equate to a financial trading license from a competent authority like the Central Bank of Hungary.Fund Safety
The fund safety environment is critically compromised due to the total absence of regulatory oversight. There is no requirement for segregated client accounts or participation in investor compensation schemes. Withdrawal processing times vary based on the broker's specific policies and AML verification requirements. No user complaints have been recorded on the WikiFX platform to date, but this does not mitigate the fundamental risks of dealing with an unregulated entity.
ULTRA FX Regulation & License
- No Regulatory Information
Note: The above regulatory information is sourced from the official ULTRA FX website.
Basic Information
Registered Region
Hungary
Operating Period
5-10 years
Company Name
ULTRA FX
Customer Service Email Address
info@ultrafx.com
Contact Number
+36 20 469 5959
Company Website
https://ultrafx.hu/
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Frequently Asked Questions About ULTRA FX
Is ULTRA FX regulated?
No. ULTRA FX is not currently regulated by any recognized financial authority.
Is ULTRA FX safe and legit?
Safety concerns exist due to a complete lack of regulatory oversight and an exceptionally low risk profile, suggesting traders exercise the highest level of caution.
How does ULTRA FX protect funds?
ULTRA FX has limited investor protection mechanisms due to its lack of regulatory oversight. There is no credible requirement for fund segregation or participation in investor compensation schemes.
Can I withdraw from ULTRA FX anytime?
Does ULTRA FX offer Negative Balance Protection?
Any regulatory warnings for ULTRA FX?
Is ULTRA FX customer service 24/7?
What is the minimum deposit for ULTRA FX?
Does ULTRA FX offer demo accounts?
How long do withdrawals take with ULTRA FX?