Independent public register · 307 firms on file · 608 legal entities · 52 carry a published regulator noticeREGISTER SYNC 2026-09-01
EnglishEN
pipvet.comBroker Status RegisterReport a broker
Register/Entity register/Ultima Markets
CautionRECORD BW-4000LICENSED — WITH A STRUCTURAL CAVEAT

Ultima Markets

4 legal entities are on file for this firm, across 4 jurisdictions. The strongest supervision on file is Tier 1.

Caution means: The group holds a licence we could verify, but the record shows a caveat you have to read: an offshore entity in the same structure, a registration that is not a financial licence, or leverage well above tier-1 retail caps.

LAST CHECKED 2026-09-02ENTITIES 04JURISDICTIONS 04BEST TIER T1CONFIDENCE LOWREGISTER SYNC 2026-09-01
Jurisdiction gap — read this before you deposit

Holds a tier-1 FCA licence, but also operates 2 offshore entities. Which one your account sits under determines the protection you get.

A group can hold a tier-1 licence and still onboard you through an offshore entity in the same structure. The licence protects clients of the entity that holds it — not every client of the brand. Check which company name appears on your own client agreement, then look that company up in the table below.

Entity-by-entity licence record

One row per legal entity in this firm's structure. Numbers are reproduced exactly as published; every row links to the source we read them from.

Legal entityAuthority / registryNumberJurisdictionTierWhat it isSource
Ultima Markets (Mauritius) LtdFSC MauritiusGB 23201593MauritiusT3Financial licenceultimamarkets.comhttps://www.ultimamarkets.com/company-news/ultima-markets-secures-fca-licence/
Ultima Markets (Pty) LtdFSCAFSP 52497South AfricaT2Financial licenceultimamarkets.comhttps://www.ultimamarkets.com/academy/how-to-verify-a-regulated-broker-in-2025/
Ultima Markets UK LtdFCA470325United KingdomT1Financial licenceregister.fca.org.ukhttps://register.fca.org.uk/s/firm?id=001b000000Mg51UAAR
Ultima Markets EU OU (registry code 17134727)None — Estonian company registration (payment facilitation only)not verifiedEstoniaT3No supervision on fileultimamarkets.comhttps://www.ultimamarkets.com/company-news/ultima-markets-secures-fca-licence/

Scroll the register sideways — the entity column stays pinned.

1 row is a company registration, not financial supervision

A registration number issued by a company registry — St Vincent and the Grenadines, Saint Lucia, the Marshall Islands, a BVI or Comoros IBC — records only that a company exists. It carries no conduct supervision, no client-money segregation requirement and no compensation scheme. Rows marked company registration above are printed because the firm cites them, not because they protect you.

  • no number verified Ultima Markets EU OU (registry code 17134727) — Estonia

Paste any number above into the named authority's own search. If a number a firm advertises does not return that firm on the authority's register, treat the claim as unverified.

What the record says

Statements of fact drawn from the entities above. Each one is checkable against a source URL in the licence table.

  • F01Ultima Markets states it was established in 2016 and offers over 250 CFD instruments across forex, commodities, indices and stocks.
  • F02Ultima Markets Ltd is stated by the company to be authorised and regulated by the Financial Services Commission of Mauritius as a Full-Service Investment Dealer (excluding underwriting).
  • F03The company announced in August 2025 that it had secured FCA authorisation through Ultima Markets UK Ltd, and its site states UK onboarding is expected to begin in 2026.
  • F04Ultima Markets' own disclosure states that its international entities are not based in the UK and are not licensed by the FCA, so clients of those entities do not have FCA protections.
  • F05A South African entity, Ultima Markets (Pty) Ltd, is described as an FSCA Financial Services Provider under FSP number 52497.
  • F06Ultima Markets' site-wide regulatory footer states Ultima Markets UK Limited is authorised and regulated by the FCA under reference number 470325, with registered address 1 Blossom Yard, Fourth Floor, London E1 6RS (https://www.ultimamarkets.com/company-news/ultima-markets-secures-fca-licence/).
  • F07Companies House records that ULTIMA MARKETS UK LIMITED (company 06249714) was renamed from TIGER BROKERS (UK) LTD on 21 July 2025, and previously traded as Electronic and Voice Foreign Exchange Limited (2012-2022) (https://find-and-update.company-information.service.gov.uk/company/06249714).
  • F08The broker's regulatory footer states Ultima Markets (Mauritius) Ltd holds FSC Mauritius Full-Service Investment Dealer (excluding Underwriting) licence GB 23201593, with registered address 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity (https://www.ultimamarkets.com/company-news/ultima-markets-secures-fca-licence/).

Not verified at last check

Recorded openly rather than filled with a plausible guess. A blank on this register means we could not confirm it on 2026-09-02.

  • not verifiedhq
  • not verifiedminDeposit
  • not verifiedmaxLeverage
  • not verifiedspreadEurusd
  • not verifiedsegregatedFunds
  • not verifiednegativeBalanceProtection
  • not verifiedpubliclyListed
  • not verifiedaccountTypes
  • not verifiedFSCA FSP 52497 not confirmed on the FSCA register
  • not verifiednegative balance protection
  • not verifiedFSC Mauritius licence GB 23201593 and FCA reference 470325 come from the broker's own regulatory footer; neither has yet been independently confirmed on the respective regulator's register

Account conditions on file

As published by the firm. Blank fields were not confirmed.

Incorporated2016
Registered officeMauritius
Minimum depositnot verified
Leverage offerednot verified
Quoted EUR/USD spreadnot verified
Trading systemsMT4 · MT5
Account tiersStandard · ECN

Leverage above a tier-1 retail cap is normally only available through an offshore entity. If the figure above is far above 1:30, check which entity is offering it in the licence table.

Sources

Every URL below was read before this record was published.

PN
Priya Nair
Register office · Regulation & Safety Lead

Every entity row on this record was checked against the authority's own database or the firm's own published legal page. Where no number was published, the field is left as “not verified” rather than filled.