Important Information
This website is managed by Ultima Markets’ international entities, and it’s important to emphasise that they are not subject to regulation by the FCA in the UK. Therefore, you must understand that you will not have the FCA’s protection when investing through this website – for example:
Note: Ultima Markets is currently developing a dedicated website for UK clients and expects to onboard UK clients under FCA regulations in 2026.
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Ultima Markets wants to make it clear that we are duly licensed and authorised to offer the services and financial derivative products listed on our website. Individuals accessing this website and registering a trading account do so entirely of their own volition and without prior solicitation.
By confirming your decision to proceed with entering the website, you hereby affirm that this decision was solely initiated by you, and no solicitation has been made by any Ultima Markets entity.
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Forex trading, also known as foreign exchange trading, is the process of buying and selling currencies on the forex market with the goal of making a profit. Traders speculate on currency price movements like EUR/USD or GBP/JPY, aiming to capitalise on fluctuations in exchange rates. The forex market is the largest financial market in the world, operating 24 hours a day, five days a week, excluding weekends.
To start forex trading, choose a regulated forex broker, open a trading account, fund it, and use a trading platform. Beginners should first practice on a demo account to understand forex trading strategies, risk management, and market trends. Always start small and learn consistently.
Yes, forex trading can be profitable, but it also involves significant risk. Profitability depends on your trading strategy, risk management, market analysis, and discipline. Many traders use tools like technical indicators and economic calendars to enhance their chances of success in the forex market.
Leverage in forex trading allows traders to control larger positions with a smaller amount of capital. For example, with 1:100 leverage, a $100 deposit lets you trade $10,000. While leverage can amplify profits, it also increases the risk of larger losses, so it should be used carefully.
Forex trading is open 24 hours a day, five days a week, excluding weekends. It starts with the Sydney session, followed by Tokyo, London, and New York. The best trading hours are usually during the overlap of the London and New York sessions, when market volatility and liquidity are highest.
You can learn forex trading through online courses, demo accounts, video tutorials, and educational articles. Start by understanding forex basics, currency pairs, technical and fundamental analysis, and risk management. Reputable brokers often offer free learning resources and webinars.
To open a forex trading account, choose a licensed broker, complete the registration process, verify your identity (KYC), and fund your account. Once approved, you can log in to a trading platform and start trading currencies. Look for brokers that offer competitive spreads, fast execution, and reliable customer support.
Or sign up for your demo account to practise with virtual funds.