Company Information

• Company Name: UltraCap Trading
• Company Legal Name: Ultra Capital Enterprises Pty Ltd
• Company Registration No.: ACN 648 477 052
• Operating Since: 2021
• CEO Name: Undisclosed

Challenge Details

UltraCap Trading offers a single evaluation program called the UltraSmart Challenge. Here are the details :-

Pricing

• $25,000 Account: $199
• $50,000 Account: $339
• $100,000 Account: $489
• $200,000 Account: $889

Rules

• Profit Target: 6%
• Total Loss: 8%
• Daily Loss: 4%
• Profit Share: 70%, up to 90%
• Drawdown Type: Balance-Based Drawdown
• Time Limit: Unlimited
• Leverage:
  • Forex: 1:30
  • Oil & Metals: 1:10
  • Indices: 1:5
  • Crypto: 1:2
• Max Lot Size: No Limit
• Payout Frequency: Every 14 Days
• Allows Copy Trading: No
• Minimum Trading Days: None

Scaling Plan

UltraCap Trading offers a Scaling Plan that provides traders to increase their capital of up to $5 Million. Here’s how it works:

• For every 10% profit earned, traders will have the option to reinvest their profits into upgrading their account to the next tier without paying additional fees and their account size will be doubled or traders can withdraw their payout. 
• With each scaling step, traders can double their account size until they reach a maximum of $5 million in trading capital.

This scaling plan rewards consistent profitability and incentivizes long-term growth for disciplined traders.

Spreads and News Trading Rules

Spreads

UltraCap Trading has not mentioned the spreads applied on their trading platform.

News Trading Rules

There are no specific rules mentioned regarding news trading on UltraCap Trading.

Other Important Rules

Daily Drawdown Calculation

UltraCap Trading has not specifically mentioned the daily drawdown calculation on their website.

Countries Banned from Purchasing

Due to geopolitical instability, the following countries are restricted by UltraCap Trading:

• Russia (including Crimea, Donetsk, Luhansk regions of Ukraine)
• Iran
• North Korea
• Cuba
• Somalia
• Syria

Prohibited Trading Strategies

UltraCap Trading prohibits the following strategies:

• Tick Scalping
• High-Frequency Trading
• Latency Arbitrage
• Account Management
• Reverse Arbitrage
• Martingale Trading
• Grid Trading
• Data Feed Manipulation
• Use of Delayed Data Feeds
• Hedging Between Accounts

Payout Methods

UltraCap Trading offers two payout methods:

1. Bank Wire Transfer: Direct deposit into your bank account, accessible in various countries.
2. Cryptocurrency: A faster option for traders comfortable with digital assets.

Trading Commissions

UltraCap Trading has not mentioned the trading commissions charged on their trading platform.

IP Rule

UltraCap Trading does not allow traders to trade multiple accounts from the same IP address and also traders are not allowed to trade their one account from multiple IP Addresses.