Broker execution scoreboard
Broker execution scoreboard
Measured broker execution
Based on 3,234 real fills across 8 connected accounts, Ultima Markets shows a median EURUSD slippage of 0.0 points and a median fill latency of 136ms. Everything below is measured from broker-reported order history and tick data — here's the full methodology. It is not a paid review; there are no affiliate links.
Where your executed price landed vs the price requested.
~€4.36/lot fees + negative swap per lot · 100% currency coverage
Monthly medians on the broker’s most-traded symbols — medians, so one news spike doesn’t repaint a month. Points are symbol-specific: switch symbols with the chips, don’t compare across them.
median slippage · 0 = filled at the requested price, below 0 = price improvement
median fill latency (broker-side, order received → filled)
Execution quality for one symbol across the trading day (UTC windows).
| Session | Median slippage | p95 slippage | Median latency | Avg spread | Fills |
|---|---|---|---|---|---|
| Asia (00–07 UTC) | N/A — insufficient evidence | N/A — insufficient evidence | 133 ms | 1.6 pts | 64 |
| London (07–13 UTC) | N/A — insufficient evidence | N/A — insufficient evidence | 138 ms | 3.3 pts | 75 |
| New York (13–21 UTC) | 0.0 pts | 1.8 pts | 133 ms | 1.8 pts | 219 |
| Late (21–24 UTC) | N/A — insufficient evidence | N/A — insufficient evidence | N/A — insufficient evidence | N/A — insufficient evidence | 13 |
Points; negative = price improvement, positive = worse fill.
Data completeness: latency 98% · spread 84% of fills (missing values come from brokers without ms timestamps or tick history).
| Symbol | Median slippage | ≈ per 1 lot | p95 slippage | Median latency | Avg spread | Fills |
|---|---|---|---|---|---|---|
| EURUSD | 0.0 pts | ≈$0.00 | 0.0 pts | 133 ms | 0.8 pts | 1,986 |
| XAUUSD | N/A — insufficient evidence | — | N/A — insufficient evidence | 142 ms | 10.7 pts | 1,248 |
Measured from real fills: requested vs executed price from order history, latency from broker millisecond timestamps, spread from the broker’s closest pre-fill tick. Unsupported metrics remain N/A and expose their observation, account and coverage counts on hover. History is broker-reported.
Across the trailing 180-day cohort, Ultima Markets has a relative score of 71/100 against other measured brokers on the same symbols, based on 3 of 3 measured components, ranking #3 of 9. It is a cohort comparison, not an absolute quality grade.
From real fills on connected accounts: slippage compares each order's requested vs executed price in symbol points; latency is the broker's own order-received to order-filled millisecond timestamps; spread uses the closest pre-fill tick in the broker's history. Every displayed metric needs 30 observations from one account.
On the scheduled refresh cadence — hosted accounts sync every 3 hours during weekday daytime, less often overnight and weekends. Each new fill is included after the next refresh. The monthly charts use medians, so one news spike doesn't repaint a month.
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median spread from the closest pre-fill tick