Brokers / head-to-head

TMGM (TradeMax Global) vs Ultima Markets — measured execution

1 shared symbol with supported evidence · measured, not claimed

Both brokers are measured from real fills on connected accounts — never from reviews or marketing. Every displayed metric has at least 50 observations from two accounts on each side, and the execution scores normalize per symbol, so neither broker gains from trading easier symbols. Spread uses the closest pre-fill tick. Unsupported cells remain N/A. No winner is declared: the honest answer depends on the symbols and sessions you trade.

TMGM (TradeMax Global)

Relative execution score
97
1/3 measured components · partial
Rank
among qualified brokers
Better price
share of fills improved
Fills
842
across 2 accounts

Ultima Markets

Relative execution score
49
2/3 measured components · partial
Rank
#4 of 7
among qualified brokers
Better price
share of fills improved
Fills
1,506
across 3 accounts

Shared symbols, side by side

Lower value in bold — a fact per metric, not a verdict. Slippage and spread are in symbol points; latency in milliseconds.

SymbolTMGM (TradeMax Global) slippageUltima Markets slippageTMGM (TradeMax Global) latencyUltima Markets latencyTMGM (TradeMax Global) spreadUltima Markets spreadFills (A/B)
XAUUSDN/A120 obs · 1 acctN/A2 obs · 1 acct36 ms657 obs · 2 accts142 ms672 obs · 3 acctsN/A0 obs · 0 acctsN/A42 obs · 3 accts720 / 672

Fill latency, month by month

Median across all symbols — latency is the one metric that compares across symbols.

TMGM (TradeMax Global) · 2026-05: 37.0 msTMGM (TradeMax Global) · 2026-06: 35.0 msTMGM (TradeMax Global) · 2026-07: 36.0 msUltima Markets · 2026-05: 136.0 msUltima Markets · 2026-06: 137.0 msUltima Markets · 2026-07: 139.0 msMayJunJul
TMGM (TradeMax Global) Ultima Markets

FAQ

Does TMGM (TradeMax Global) or Ultima Markets have lower measured slippage?

Both brokers' slippage is measured per shared symbol in the table on this page — points aren't comparable across symbols, so check the symbols you trade.

Which fills faster, TMGM (TradeMax Global) or Ultima Markets?

Across 1 shared symbol, median fill latency: TMGM (TradeMax Global) measured lower on 1.

How is this comparison measured?

From real fills on connected accounts at both brokers. Every metric needs at least 50 observations from two accounts on each side; unsupported cells stay N/A (1 shared symbol with usable evidence today). No reviews, broker marketing or affiliate links.

Full reviews: TMGM (TradeMax Global) · Ultima Markets — or connect an account read-only and put your own fills in these numbers.