Our Story
We know that, in every industry, there is always a wealth of talent waiting to be discovered – and during the pandemic, it became evident that the trading industry was no different. As a result of lockdowns, many delved into the forex and CFDs markets for the first time, and some made significant profits. As traders ourselves, we acknowledged that we too could have profited had we copied certain positions. Equivalently, if those traders had more capital to work with, their positive results could have multiplied. That’s how the idea for Ultimate Traders was born.
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We began to entertain the thought of opening the floor to traders everywhere, no matter their financial status or resume. If they could show us that they could produce results, we would fund their accounts and share the gains. Though proprietary trading had already existed long before Ultimate Traders, the technological advances of today make it accessible in a way that had never existed until now.
It is a known fact that spreading risk over multiple assets is a safer strategy than putting all your eggs in one basket. The chances that 2 out of 2 traders will have a bad day are relatively very high. The chances that 1000 out of 1000 traders will have a bad day are not. So as a prop firm, this is what justifies our willingness to entrust portions of our funds to multiple traders, rather than trade it all ourselves. Of course, this only applies when the traders are of a similar skill level, which is why our evaluation process exists, to ensure the capital is being delivered into worthy hands.
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