ULTRA BOOSTER TRADING Review

About ULTRA BOOSTER TRADING

Ultra Booster Trading is not authorised by the UK Financial Conduct Authority (FCA); a warning was issued by the FCA stating that the firm may be providing financial services in the UK without permission. The firm’s details—including name, purported London address at 5 New St Square, EC4A 3BF, and website www.ultraboostertrading.com—are included in the regulator’s warning list. The warning advises consumers to avoid dealing with the firm.

Despite claims by Ultra Booster Trading that it holds regulation from authorities such as CySEC (Cyprus), BaFin (Germany), FSC (Mauritius), and FSA (Seychelles), searches of those regulators' databases fail to locate any such licensing. Consequently, the broker remains unregulated.

Operational assessments indicate a high-risk profile: WikiFX reports the absence of any valid forex regulation, citing a minimum deposit of $5,000, access to instruments including currencies, stocks, commodities, and cryptocurrencies, spreads such as 1.2 pips on EUR/USD and $10 for Bitcoin, and use of an in‑house trading platform.

Pros and cons

Pros

• Offers a broad range of asset classes including currencies, stocks, commodities, and cryptocurrencies (per WikiFX data).

Cons

• No regulation by any recognised financial authority; FCA labels it unauthorised.
• Claims of licensing by CySEC, BaFin, FSC, and FSA are unsubstantiated by regulatory records.
• High minimum deposit requirement of $5,000.
• Use of an in‑house trading platform rather than established platforms like MT4/MT5.