An evolution of the Ultima EA forex trading solution has taken root!
A change that not only puts prospective forex traders in a better position to accrue trading returns but more importantly one that empowers day traders through a risk-reduced trading atmosphere powered by no upfront costs.
First launched in 2019, the Ultima EA is a fully automated forex trading system that is operated through the globally-accepted MetaTrader4 (MT4) platform.
With five years of backtesting, the Ultima EA Profit Share was created by Chris Svorcik and Mislav Nikolic, both of which are industry-leading forex traders and analysts.
To get the full scoop regarding the advancements made with the Ultima EA Profit Share we invite you to continue reading our honest review.
The Ultima EA Profit Share is a fully automated MetaTrader4 Expert Advisor (EA).
Simply put, a prospective trader opens and funds a linked account where after the Ultima EA autonomously executes trades on a trader’s behalf where profits are then broken down through a profit share model at month’s end.
While the technical functionality of the Ultima EA Profit Share varies, the system primarily employs trend-based trading strategies through price swings, automated Fibonacci targets, in addition to automated breakout rules and filters which are utilized as a risk-reduction method while optimizing the growth of equity.
To add, the Ultima EA does not support hedging, martingale, or pyramiding trading strategies so money management stays intact while the system always employs stop losses and take profit levels.
To date, the average success rate is between 55% to 60% while an average of one position per day ensures a consistent, long-term trading approach.
While the success rate many not impress some of you, forex trading success is generally measured in percentages where the Ultima EA Profit Share reflects live, verifiable trading accounts with more than 600% and 1,000% percentage yields.
These performance results include the overview of the 3 EUR/USD live trading accounts which can be dated back, at the minimum, over 10 months.
Here are the links where you may find the performance for EUR/USD accounts:
- https://www.myfxbook.com/members/CurrentSeaForex/ultimaswat-eurusd-15min/3524413
- https://www.myfxbook.com/members/BullCapital/ultima-ea-bull-capital/3472089
- https://www.myfxbook.com/members/CurrentSeaForex/ultima-swat-ea/3601444
Ultima EA Updates
There have been a few innovations to the Ultima EA since our last review.
After Mislav invested in a VPS software, Ultima EA trade renters now can benefit from a 99.99% server uptime and connectivity.
Improvements to licensing and installation of the Expert Advisor (EA) have been made which makes installing the Ultima EA Profit Share a seamless and simplistic process for first-time traders.
The most recent update for this automated system would be a variable key that allows for 15 min and 1-hour intervals for both demo and live trading accounts.
Possible Performance Variables
Some variables may result in system renters achieving varying results.
These include variables such as:
- When traders became enrolled with Ultima EA
- The primary currencies renters tend to invest
- Which time frames were invested
- What risk percentage was used
- Which broker was used to trade with
Generally, these performance gaps are narrowed down over time.
One such instance includes an investor who began in March of 2020 whose account is up 32.8%.
- March (+ 13.4%)
- April (+ 3.2%)
- May (+13.2%)
Shared below are a few of the most recent reviews we found regarding the Ultima EA Profit Share through ForexPeaceArmy:
djmido – “By far the best expert advisor out there, like no other ! I actually came across Chris and Nenad from watching their free analysis on EUR/USD and cable, that was back in 2018. Chris’s analysis on the pound helped me gain lots of winning trades in the past. When I found out they had made their own expert advisor (Well Mislav) I did not hesitate a second to jump on it !”
Said khaz –“I have joined Ultima EA on the 15 April. For the month of April my account ended with 2% loss. The end of May the account is up 31.5%. great start”
Joel Saidanha – “Chris and Nenad both certainly know their stuff and provide genuine and profitable setups and advice. I am a current member of their Ulitma EA and can certainly vouch for its authenticity and profitability. Always trade with risk capital. Yes there maybe losses in future but if you’re in for the long run, it is certainly a very sound and authentic system. Keep up the good work ECS.”
As you can deduce for yourself, the Ultima EA is not a fad but a legitimate investment tool for traders of all experience levels.
How to Get Started
Embarking with the Ultima EA can be completed through the steps below:
- Visit Ultima EA Profit Share
- Open an Account with AvaTrade via This Link (choose MT4 in USD)
- Verify Your Identity
- Download the File, upload to AvaTrade Account Area, and complete a Limited Power of Attorney (LPOA)
- Deposit at least $1,000
- Upon completion of steps, connect with:
- info@elitecurrencysea.com
- d.lindi@avatrade.com
- s.spinelli@avatrade.com
- d.ponzinibbi@avatrade.com
- Your Account Should be Activated in 24 Hours.
Important Notes
- At the end of each month, profits will be shared automatically based on the High Watermark System.
- Designated account managers can help with all broker related questions
- You can follow the EA trading via your AvaTrade MT4 or Webtrader
- Do not intervene with trading manually
- Visit the UEA’s MyFXBooks before inquiring about performance
The Bottom Line
Regardless of a forex trader’s experience level, an investor would be hard-pressed to find an automated expert advisor as effective, consistent, and backtested as the Ultima EA Profit Share.
Backed by dozens of investor reviews, the Ultima EA has evolved once more to better service traders through mitigation of risk, technological updates, and a zero-upfront cost service initiation as a byproduct of their profit share model.
While profit shares vary between 35% to 45%, it is a small price to pay considering that trading is performed autonomously without the need of a trader while the systems performance history and positive testimonials speak volumes to the transparency and credibility of the Ultima EA Profit Share.
To learn more regarding this system and more promising systems available, we invite you to reach out to us directly at support@vladimirribakov.com or by dropping a comment below!
