First Warning Signs
- Fake Address: The stated address in London (Mostyn Grove, E3 2LL) is located in a residential area of Tower Hamlets.
- Lack of Regulation: No FCA (UK) or other regulatory licenses.
- Anonymity: Neither owners nor the team are disclosed.
Ultima Prime Review: Key Issues
1. Background and Ownership Analysis
Ultima Prime claims to operate from London, but an investigation revealed that its address is a residential building, typical for “financial bubbles.” The domain ultimaprime.org was registered anonymously through Namecheap in 2023 with privacy protection enabled.
Irony: The “About Us” section contains vague phrases like “We provide traders with access to cutting-edge technology”, but no names or documents are presented.
2. Service Assessment
The company promises 85% ROI through “AI algorithms” but provides no verified results. Their platform, “Ultima Terminal,” raises concerns:
- No integration with MetaTrader.
- No demo account (a rarity for legitimate brokers).
- Withdrawal fees hidden in Appendix 12 of the Terms — suspicious.
Client Complaint (Trustpilot, February 2025):
“Deposited $500, ‘earned’ $2,000, but withdrawal blocked. Support demands a 15% ‘tax’ payment.”
3. Regulatory Compliance
Ultima Prime lacks FCA, CySEC, or ASIC licenses. There are no records of the company in the UK Companies House register.
Contradiction: The site claims to “comply with UK laws,” but the FCA has listed ultimaprime.org as an unauthorized firm (March 2025).
4. Client Experiences
- Aggressive Sales: Users complain about intrusive calls demanding account top-ups.
- Fake Testimonials: Photos in the “Client Success” section were found on Shutterstock.
- No Legal Documentation: Privacy Policy and Risk Disclosure are missing.
Conclusion: High Risks, Zero Reliability
Ultima Prime exhibits all signs of fraud: anonymity, fake address, unrealistic returns. The FCA warning confirms its illegality.