Ultimate 4 Trading Review 2024

Ultimate 4 Trading Review 2024

Updated:
Updated: January 26, 2024

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This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

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Summary of Ultimate 4 Trading Trading Company

Ultimate 4 Trading is not a broker, but a signal service for binary options. Its managing company was WGM Services Ltd, which also offered brokerage services under the EZTrader brand. Traders used this broker to connect to the trading signal service. Besides the Ultimate4trading.net website in English, there were similar platforms for residents of France (preditrend.com) and Italy (trading30elode.com). These platforms are blocked now, as well as the EZTrader website.
WGM Services Ltd was registered in 2012 (in 2008 according to other sources) in Cyprus and was regulated by CySEC (the Cyprus Securities and Exchange Commission). However, in 2015, CySEC fined the company €340,000 for non-compliance with the Investment Services and Activities and Regulated Markets Law. The number of users of EZTrader and Ultimate 4 Trading started to decrease, and eventually, they terminated their activities.

User Satisfaction i

10 comments
Total score:
2 /10

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Yeehaa
16 weeks ago

I am unlucky with binary option signals. I have lost a lot of money already, but still couldn’t find a good service. I trusted Ultimate 4 Trading, as its parent company seemed reliable. Everything was great on a demo account and almost every signal resulted in profits. But things were different on a live account. I deposited $200. I had about 5 profitable trades before I ran out of money. Moreover, the minimum order was $10, unlike other brokers, so my $200 was drained very quickly. Then I began studying the company and understood that it had many websites and all were scams. I’m glad I didn’t invest a larger amount.

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karalioxs221
20 weeks ago

What can I say about Ultimate 4 Trading signals? I can provide such bad signals myself. Everything you need is to use random indicators to deceive traders and take their money. Ultimate 4 Trading is a team of scammers with years of experience. But it’s impossible to deceive CySEC and word-of-mouth spread information about this bucket shop quickly. Many fooled people will not keep silent, and, as a result, this broker was closed. I didn’t invest money myself, but my brother did. He drained about $300 within several days. He wanted to continue hoping to return his money, but I stopped him.

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Moshiur
25 weeks ago

I invested in signals from Ultimate 4 Trading without any problems. The broker didn’t even ask for identity documents. It appeared that it didn’t need them, as money could be stolen without the need for verification. I couldn’t withdraw anything, as the signals were not real. And I also understood that the platform is set so that traders lose all their money. Now there are many negative reviews of Ultimate 4 Trading, but there were almost none 7 years ago. I lost only $100, which is not as much as other traders lost. But now I always check brokers’ reliability and study many resources with reviews, such as Traders Union.

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josephstalin27
30 weeks ago

My friend and I got into trouble with Ultimate 4 Trading almost at the same time. Several years ago its signals were actively advertised on private forums for binary option traders. Then there were many positive reviews. Now I know that they all were customized, but we both believed them. I invested $200, and my friend deposited $500. But we earned nothing. All our money was taken by the losing signals. Later, many traders wrote real reviews of Ultimate 4 Trading, and all were about draining deposits. Traders who praised the signals quickly disappeared. I’m sorry for the money, but this situation taught us very important lessons.

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kazihossain
33 weeks ago

I believed ultimate 4 Trading's nice advertising and opened an account with EZTrader. I didn’t know how to trade, so I decided to use ready signals while I was learning. I had no idea how to choose the right service, and I acted ad hoc. But I have learned the lesson well and will never make this mistake again. I should have read many reviews on the net to see information on CySEC fines and the negative experiences of traders. I invested $300 here. Have I earned or withdrawn anything? Not a cent. There are many ratings of binary option brokers, including those by Traders Union. Traders should use them to choose a good broker.

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laxmiboy68
37 weeks ago

Always read reviews of a broker and its services before opening an account there. This saved me hundreds of dollars. There are many scams among binary options brokers, and Ultimate 4 Trading proves that. Its signals are described well, but it’s a lie. You will not earn anything from EZTrader’s algorithmic trading, but you will lose everything for sure. It is the setting: profits go to Ultimate 4 Trading developers but not traders. I wasn’t surprised with testing signals on a demo account, as almost all trades were profitable. That caused concerns. I studied the service better and realized that I would not receive any profit from there.

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nomanj
42 weeks ago

Are you looking for a good binary signal service? Then don’t try to work with Ultimate 4 Trading, if its website still exists. You will only get losses there. Its signals are not real. I think there are more chances to get profits with a good broker at random, as you can guess the real forecast. Ultimate 4 Trading’s signals can be used only with EZTrader, and this platform is set so that you drain your deposits as soon as possible. Ultimate 4 Trading’s signals are not available with other platforms, which is good, as fewer people will lose their money. There are many scammers on the option market, so study the broker before you start working with it.

Contacts

Registration address Ellinas House 5th Floor, 85 Limassol Avenue, Aglantzia 2121, Nicosia, Cyprus

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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FAQs

Why has Ultimate 4 Trading been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against Ultimate 4 Trading by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Ultimate 4 Trading is down, not updated or operates with clear errors and some features are not available;
• Ultimate 4 Trading has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if Ultimate 4 Trading got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why Ultimate 4 Trading got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from Ultimate 4 Trading?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if Ultimate 4 Trading is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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