At Ultima Markets UK, fund transfers are allowed only between your own trading accounts; transfers to third-party accounts are prohibited due to AML regulations and security concerns. Third-party transfer requests will not be processed.
Policy summary
| Transfer type | Allowed? | Explanation |
|---|---|---|
| Between your own trading accounts | Yes | You may transfer funds between eligible accounts under your own profile. |
| To a friend’s trading account | No | Transfers to another person’s account are considered third-party transfers. |
| To a family member’s trading account | No | The receiving account must belong to the same registered account holder. |
| To another client’s account | No | Client-to-client internal transfers are not permitted. |
Why this restriction applies
| Reason | Explanation |
|---|---|
| Account security | Helps prevent unauthorized fund movement. |
| AML compliance | Supports anti-money laundering and source-of-funds requirements. |
| Ownership control | Ensures funds remain under the registered account holder’s control. |
Important notes
- Do not attempt to transfer funds to another client’s trading account.
- If you need to withdraw funds, use an eligible withdrawal method under your own name.
- Third-party deposits, withdrawals, and internal transfers may be rejected or subject to review.