Rating breakdown
Things we didn't like:
Strict trading rules applied to the use of EALimitations as to where prospective traders may be coming from
Why would you want an alternative to ULTRACAP TRADING?
While UltraCap Trading positions itself as a globally inclusive platform, there are notable restrictions that might prompt traders to seek alternatives. The platform's eligibility criteria, dictated by legal and regulatory constraints, limit participation to individuals from countries not under sanctions and those permitted to engage in trade with Australia. Unfortunately, this exclusionary stance affects traders from nations such as Russia, Iran, North Korea, and other regions marked by geopolitical instability.
Another significant drawback is the absence of proprietary trading tools or indicators within UltraCap Trading. While the platform accommodates third-party tools, the lack of in-house offerings may dissuade traders looking for a more comprehensive and integrated trading experience.
What other users do not like about UltraCap Trading
UltraCap Trading TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, UltraCap Trading has currently 100 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.70/5.00.
Main Complains according to the Users' Reviews
- UltraCap does not currently provide any proprietary trading tools or indicators
- strict trading rules and guidelines when it comes to the use of EA
What to look for in a ULTRACAP TRADING Alternative?
When exploring alternatives to UltraCap Trading, several key considerations should guide your decision-making process. Firstly, assess the global accessibility of the alternative platform, ensuring it accommodates traders from a diverse range of regions without restrictive geopolitical limitations.
Look for a platform that not only supports multiple languages but also operates within a broad legal framework, promoting inclusivity. Secondly, prioritize platforms that offer a robust set of proprietary trading tools and indicators, enhancing your analytical capabilities and providing a comprehensive trading experience.
Seek alternatives that strike a balance between compatibility with third-party tools and the provision of in-house resources. Finally, for those who value practice and skill development, a viable alternative should offer demo accounts directly from the platform, allowing users to familiarize themselves with the interface and refine their strategies before venturing into live trading. By carefully considering these factors, traders can find alternatives that better align with their preferences and requirements.
Best ULTRACAP TRADING alternatives – Proprietary Trading Firms like (or better than) ULTRACAP TRADING
Rating breakdown
Things we liked:
Exclusive Discount Code (20% Off Exclusive Offer)Unlimited time for completion
Real Funding and Daily Payouts
Things we didn't like:
High challenge difficultyFunderPro Overview
Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.
Rating breakdown
Things we liked:
Unlimited evaluation free retries (Exclusive Refund Code 120%)No restrictions on trading style
Overnight and weekend holding allowed
A large variety of trading instruments
Things we didn't like:
Consistency rule for express accountsNo free trials available
Minimum 5 trading days
FundedNext Overview
In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.
Rating breakdown
Things we liked:
Exclusive Discount Code (10% Off Exclusive Offer)No Trading Restrictions
MetaTrader4, MetaTrader5
Things we didn't like:
Minimum Trading DaysTrailing Drawdown
FXIFY Overview
FXIFY is a London-based proprietary trading firm that provides traders with access to up to $400,000 in capital, which can be scaled up to $4 million. Co-founded in 2023 by David Bhidey and Peter Brown, FXIFY offers flexible assessment programs, including One-Phase and Two-Phase options.