Ultima Markets Becomes First CFD Broker in UN Global Compact

Ultima Markets becomes the first CFD broker to join the UN Global Compact, promoting sustainability and ethical finance.

Key Points:

• Ultima Markets joins the UN Global Compact, becoming the first CFD broker to commit to sustainability.
• The company focuses on sustainability through financial literacy, eco-friendly practices, and tech-driven accessibility.

Ultima Markets has made history by becoming the first contract-for-different (CFD) broker to join the United Nations Global Compact initiative, a major milestone in the trading industry’s commitment to sustainability. Consequently, this move positions the company among the 25,000 organizations from 167 countries that are part of the world’s largest corporate sustainability initiative.

A Commitment to Sustainability

The UN Global Compact encourages businesses to align their operations with universal sustainability principles, advancing the United Nations’ Sustainable Development Goals (SDGs). Furthermore, Ultima Markets, a global CFD trading provider, has committed to integrating these sustainability principles into its business practices, emphasizing environmental responsibility and social equity.

“Joining the UN Global Compact initiative advances ethical financial services and contributes to a sustainable future,” said Jean Philippe, Board Advisor for Corporate Governance and Sustainability at Ultima Markets, at the official announcement held at the UN Global Compact’s New York headquarters. “Sustainability is embedded in our core mission. So, as a key player in finance and technology, we focus on aligning our operations with the Global Goals.”

Moreover, Ultima Markets’ participation in this initiative signals a shift in the finance and trading industry, traditionally seen as separate from sustainability movements. The company aims to demonstrate that financial institutions can be responsible corporate citizens even within volatile markets like CFDs.

Ultima Markets Becomes First CFD Broker in UN Global Compact

Despite not being the largest broker by trading volume, Ultima Markets has garnered significant recognition in the industry. BrokersView awarded the company the Most Popular Broker Award 2024, an acknowledgment of its growing influence and customer trust. Ultima Markets also holds licenses in multiple jurisdictions, including Cyprus, and has over 2,000 employees across 15 offices globally.

Strategic Sustainability Initiatives

As part of its commitment to the UN’s SDGs, Ultima Markets has outlined several key areas of focus:

• Promoting Financial Literacy: The company plans to introduce financial education initiatives to empower individuals and communities with the knowledge to make informed financial decisions.
• Eco-friendly Office Practices: Ultima Markets commits to reducing its carbon footprint by implementing sustainable office operations, including minimizing waste and energy consumption.
• Technology for Accessibility: The firm plans to leverage cutting-edge technology to make financial services more accessible, especially to underrepresented and underserved communities.

“We are deeply focused on how our industry can contribute to a better future,” said Philippe. “As we grow, we are making sure that our innovations in financial services reflect the same values of responsibility and inclusivity that guide the UN’s Sustainable Development Goals.”

Ultima Markets reflects its commitment to sustainability through its strategic approach to technology and customer relations. 

Ultima Markets leads by example, demonstrating how financial institutions can align profitability with social responsibility and contribute to a more sustainable and equitable global economy.

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