Overview

This broker is a scam. We found no verifiable information about its founding date or registration anywhere online. Their website falsely claims to be a regulated company, but the truth is, Ultimadex is not real. In fact, it’s a clone of the legitimate broker Traze, copying much of Traze’s website design, structure, and content to appear genuine.

Ultimadex Licenses and Regulatory

Since Ultimadex is not a real broker, they hold no regulatory licenses of their own. Their entire presentation is stolen from Traze, a legitimate, licensed trading firm. Be cautious — Ultimadex is a fake clone designed to mislead users and steal deposits by posing as Traze.

Trading Instruments

Because Ultimadex is a fraudulent duplicate, no genuine trading instruments are offered. Everything displayed on their website, forex pairs, crypto assets, or CFDs, is fabricated. There is no connection to any real trading markets.

Trading Platforms

Ultimadex promotes a fake version of what they call an “advanced trading platform,” but it’s non-functional and entirely fake. This cloned interface mimics the real Traze platform, yet none of the trades or data shown are real. Be extremely careful,using it could lead to complete loss of your funds.

Ultimadex How to Open an Account: A Step-by-Step Guide

The registration process is simple and looks professional, but that’s part of the trap. Once you sign up, you’ll likely be contacted by fake “account managers” urging you to deposit quickly. We strongly advise not to open an account, as the platform exists only to collect your personal information and money.

Charts and Analysis

The charts and analytics displayed on Ultimadex are fake and copied from the legitimate Traze website. They are not based on any real market data. Since Ultimadex is not a real broker, no analysis or trading tools offered by them are trustworthy.

Ultimadex Account Types

Ultimadex lists various account types, claiming to offer different spreads and benefits. But because the broker itself is a fraudulent copy of Traze, none of these accounts are real. They are fictional tiers used to convince users to deposit larger sums.

Negative Balance Protection

Since Ultimadex is not a real broker, once you choose to register on their website, you will not be protected by any law.

Ultimadex Deposits and Withdrawals

Do not deposit money on this platform. Ultimadex does not have a real payment system and does not process legitimate withdrawals. Once you deposit, your funds are gone, and the scammers disappear. Be extremely cautious and avoid giving them access to your capital.

Support Service for Customer

We attempted to contact their “customer support,” but received no valid responses. Emails and phone numbers listed on their website are either inactive or automated. Do not trust any communication from this group; they are impersonators.

Special Offers for Customers

They might offer some offers, but all the special offers are unreal.

Conclusion

Ultimadex is a fake version of the real broker Traze. It has copied Traze’s website and branding to trick users into thinking they are dealing with a licensed firm. In reality, Ultimadex has no regulation, no legitimacy, and no real platform.
We strongly advise avoiding Ultimadex entirely. This is a scam operation designed to steal from unsuspecting traders.

About the Author

Arash Doostelahi

Arash Doostelahi

Arash Doostelahi is a dynamic content writer and online course creator, with expertise in content strategy, instructional design, and digital storytelling. Leveraging a blend of creativity and technical skills, Arash delivers impactful educational content and...