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Forex firms comparator

Pick two prop firms and see them side by side: rules, plans, platforms, leverage, commissions and payouts, next to each one's discount.

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55 differences

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90%off · Exclusive
Headquarters

Registered office: Dover, Delaware, United States

Building A1, IFZA Business Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

CEO

Youssef Moussa

Jakub Zeliska

Country

United States

United Arab Emirates

Foundation

2025

2023

Banned Countries
Afghanistan, Belarus, Burundi, Central African Republic, Republic of the Congo, Cuba, Crimea, Democratic Republic of the Congo, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Liberia, Libya, Myanmar, North Korea, Papua New Guinea, Russia, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Yemen, Zimbabwe
Afghanistan, Central African Republic, Crimea, Donetsk and Luhansk regions of Ukraine, Cuba, Iran, Iraq, Kosovo, Libya, Mali, Myanmar, North Korea, Palestine, Russia, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela
Assets
Forex, Commodities, Indices, Stocks, Crypto
Forex, Commodities, Indices, Stocks, Crypto
Refund
Yes

The fee paid is reimbursed with the fourth payout. Purchases are final, except payment errors, undelivered services or mandatory legal rights.

Yes

200% Challenge fee refund after the 3rd fully approved payout on Challenge accounts (Ash, Thunderbolt and Phoenix). The trader must request it through support. A partially approved payout or a payout with a strategy violation permanently disqualifies that account. It does not apply to Instant Funding accounts.

Platforms
MatchTrader
TradeLocker, Metatrader 5, MatchTrader, cTrader, DX
Payout Methods
Transfer, Crypto
Crypto, Transfer
Payment Methods
Card, Crypto, PayPal, ApplePay, GooglePay
Card, Crypto, PayPal, ApplePay, GooglePay
Payout Frequency

On demand. After the first payout: 3 days with at least 0.5% realized net profit since the previous payout. No open positions or pending orders; identity verification required.

  • Withdrawal review by Risk Team: 24-48h (account trading is frozen during review).
  • Bank transfers: 2-5 business days after approval.
  • Crypto: faster, depends on blockchain network.
  • Other programs: minimum 1% profit required per payout (resets after each payout).
  • Turbo accounts: minimum 5 trading days per payout (each ≥0.5% profit).
  • Vanguard (Instant Funding): minimum 6 trading days per payout (each ≥0.5% profit).
  • Horizon and Odyssey: first payout 14 days after the funded account starts, then every 14 days. At least 3% profit of the initial balance is required before each payout, including between payouts, together with the required valid trading days.
Payout Guarantee

Processed within 24 hours after account review and submission of all requested documents. If missed, 100% split for that payout. Bank and blockchain settlement times are excluded.

No data
Crypto Weekend Trading
Yes
Yes
Maximum Withdrawal

Up to 50% of profit per request. Capped at USD 2,500 for accounts up to USD 100,000; USD 5,000 for larger accounts. Remaining profit stays in the account.

Payout cap progresses with each approved withdrawal on the same funded account:

  • Payout #1: 1% of initial balance
  • Payout #2: 2%
  • Payout #3: 3%
  • Payout #4: 4%
  • Payout #5: 5%
  • Payout #6: 6%
  • Payout #7: account resets to initial balance with NO payout cap (unlimited from #8 onwards)
    Cap only increases after a FULLY approved withdrawal. Partial or declined payouts do not progress the cap.
Minimum Withdrawal

USD 25

No data
Brokers
No data
Royal Flow - FZCO
Payout Fee
No data
  • Bank Transfer (recommended): $19.90 + 2.49%.
  • Cryptocurrency: $19.90 + 30% (higher due to limited UAE crypto liquidity).
  • Returned payouts: $30 reprocessing fee (covers real bank/admin cost of reprocessing; not a penalty).
Demo Account
No data
Metatrader 5
ID1293766PasswordUpcomers1.ServerUpcomers-Server
Forex
100:1
100:1
Metals
100:1
30:1
Energies
100:1
30:1
Indices
100:1
30:1
Stocks
100:1
30:1
Crypto
5:1
30:1
Forex
No data
5 / lot
Metals
No data
5 / lot
Energies
No data
0
Indices
No data
0
Stocks
No data
0
Crypto
No data
0.04%
Commission-Free Option
No data
No
Swap Free
No data
Yes

All accounts are swap‑free

Account Reset
Limited

The Second Try add-on provides one reset if the account is breached. The rewards program Trader tier includes one free retry.

Resets are offered as an alternative to full suspension after a rule violation. The account continues trading, but every future payout on that account is permanently capped at 50% of the approved amount.

Add-ons
Yes

Paid add-ons: unrestricted funded news trading, 90% or 95% profit split, and Second Try.

No
Instant
Yes
Yes
One Step
Yes
Yes
Account scaling
Yes

From USD 10,000 accounts: 12% profit within 3 months adds 25% of the starting balance. Elite is a separate performance-based benefits program.

Yes

Scaling Plan for Thunderbolt, Astral and Vanguard accounts:

  • Apply every 4 consecutive months via help@upcomers.com.
  • +35% increase on simulated initial balance per cycle.
  • Maximum allocation scalable up to $4,000,000.
    Requirements per cycle:
  • ≥15% cumulative account growth across the 4 months.
  • ≥2 withdrawals completed in the 4-month period.
  • Final cycle must end in profit.
    Separate "4M on request" individual contract available after 6+ consecutive profitable months.
Two Steps
Yes
Yes
Max Drawdown

Static against the initial balance; includes floating losses and costs. Pay After Pass funded accounts have a 6% limit.

Current CFD programs use three systems:

  • Dynamic Risk Shield™: 6% on Ash and Thunderbolt, 7% on Vanguard, 5% on Oracle and 4% on Ember. It trails the equity high-water mark and locks at the initial balance where specified.
  • Static maximum loss: 6% on Phoenix Classic, Ignite Classic and Ignite Turbo; 10% on Phoenix Legacy; 7% on Surge. The floor is fixed from the initial balance.
  • Nonstop Dynamic Risk Shield™: 3% on Supernova and Hypernova; 2% on Ultranova. It trails continuously and never locks.
    Percentages and behavior are shown per phase in the challenge catalogue.
  • Horizon and Odyssey: Dynamic Risk Shield™ follows the highest equity, only moves upward and stops at the initial balance, in evaluation and funded phases.
Daily Drawdown

Recalculated at 00:00 UTC from the higher of balance or equity, minus a fixed amount based on initial capital. Flex and Pay After Pass evaluation have no daily limit; funded Pay After Pass applies 3%.

Resets daily at 00:00 UTC and is calculated under the rules of each program. Current limits:

  • Ash Classic/Turbo and Thunderbolt Classic/Turbo: 3%
  • Phoenix Classic, Ignite Classic/Turbo and Surge: 4%
  • Phoenix Legacy: 5%
  • Vanguard and Oracle: 4%
  • Supernova and Hypernova: 2%
  • Ember and Ultranova: no daily drawdown
  • Horizon and Odyssey: daily limits by phase are shown in the challenge catalogue; Odyssey has a stricter daily limit when funded.
Max Allocation
10,000,000
1,500,000
Maximum Trading Days

No time limit to pass the evaluation.

Classic, Legacy and non-Turbo Limited Drop challenges have no time limit. Ash Turbo, Thunderbolt Turbo and Ignite Turbo have 30 calendar days and a maximum of 7 trading days. Timed Instant Funding sessions last 24 hours on Supernova, 4 hours on Hypernova and 1 hour on Ultranova.

Points Reward Program

7 XP tiers. Purchases and tasks earn XP; 1% to 20% cashback redeemable for discounts. Annual tier review. Higher tiers retain previous benefits.

No data
Minimum Profitable Days

1-Step and 2-Step Standard: 3 per phase and in funded. Flex: 5 per phase and in funded. Instant: 5 before the first payout. Pay After Pass: 0 in evaluation and 5 in funded. Each day requires at least 0.5% realized net profit; days need not be consecutive.

Payout eligibility requirements (a valid day has at least 0.5% realized profit):

  • Vanguard: 6 valid days
  • Oracle, Ember, Phoenix Legacy, Ignite Classic, Surge, Ash Turbo, Thunderbolt Turbo and Ignite Turbo: 5 valid days
  • Ash Classic, Thunderbolt Classic and Phoenix Classic: no valid-day minimum
  • Supernova and Hypernova: at least 7 trades in the timed session
  • Ultranova: at least 5 trades in the timed session
    The counter resets after each successful payout.
    Horizon and Odyssey funded accounts require 3 valid days up to $50,000, 4 above $50,000 up to $200,000, and 5 above $200,000 per payout. Each valid day earns at least 0.5% of the initial balance.
Profit Split
No data

Standard profit split: 90%. A trader can select 80% or 100% at checkout; changing the split also changes the Challenge price. The selected split remains linked to that account, and older accounts retain their original conditions.

Free Trial
No data
Yes
Three Steps
No data
Yes
Merge Accounts
No data
No
Minimum Trading Days
No data

No minimum trading days to pass the challenge in any Classic, Turbo or Limited Drop (Ignite/Surge) program. Turbo challenges require only 1 trading day with real activity. For those programs, minimums apply only at the payout stage: see 'minimumProfitableDays'.
Horizon requires 2 valid trading days in its evaluation. Odyssey requires 2 valid trading days in each evaluation phase. A valid day earns at least 0.5% of the initial balance.

Monthly Competition
No data
No
Expert Advisor (EA)
Yes
No
Hedging
Yes

Allowed within the same account.

No

Hedging across multiple accounts is prohibited. Hedging within a single account is allowed under normal trading rules.

Requires Stop Loss
No
No
Scalping
Limited

More than 50% of trades held for less than one minute is prohibited.

Yes
Stacking / Layering (DCA)
Limited

No aggressive scaling outside reasonable limits or 3 or more positions in one losing trading idea. Prior positions must be protected when adding.

Yes

Multiple challenges and funded accounts combinable under a single user profile, as long as total funded capital does not exceed $1,500,000 across all Upcomers programs.

Martingale
No
No data
Maximum Risk Limit
Limited

Do not use more than 50% of available margin. The firm may impose a 1% maximum risk per trading idea after written notification.

Yes

Maximum loss per trade in the funded phase (all positions on the same instrument and direction count as one trade):

  • Ash Classic, Thunderbolt Classic and Phoenix Classic: 3%
  • Phoenix Legacy, Vanguard and Oracle: 2%
  • Ash Turbo, Thunderbolt Turbo, Ignite Classic, Ignite Turbo, Surge and Ember: 1.5%
  • Supernova and Hypernova: 1%
  • Ultranova: 0.5%
    Exceeding the applicable limit is a hard breach.
Copy Trading
Limited

Only between accounts held by the same person, including external accounts. EAs and external copiers are allowed; each account must comply individually.

No
News Trading
Limited

Unrestricted in evaluation. In funded, no opening or closing from 5 minutes before until 5 minutes after high-impact news and FOMC events. The News Trading add-on removes this window. Without it, affected trade profits are removed.

Yes
Inactivity Rule
Yes

Account closure after 30 days without trades, in both evaluation and funded.

35 consecutive calendar days without a trade closes the account automatically. Warning email sent 7 days before expiration.

Consistency Rule
Yes

Checked only at payout: Instant and Pay After Pass, 15%; 1-Step and 2-Step, 30%. Each day counts at its highest net profit reached during the day, even if it closes at a loss. Trading may continue until the ratio is met.

Limited

Consistency is checked at payout and does not breach the account:

  • 20% Best Day Rule: current Classic and Turbo challenges, Ignite, Surge, Vanguard, Oracle and Ember
  • 30% Best Day Rule: Phoenix Legacy
  • Best Trade Rule in timed Instant Funding: 15% on Supernova and Hypernova; 20% on Ultranova
    The Best Day cycle resets after each successful payout. The timed Best Trade Rule is final when the session ends.
  • Horizon and Odyssey: no consistency or Best Day Rule in evaluation or funded accounts.
Hold Weekend
Yes
Yes
Prohibited Strategies

Exploiting pricing or platform errors, latency arbitrage, insider trading, front-running, gambling without a strategy and all-or-nothing trading. The strategy must remain consistent between evaluation and funded.

  • Expert Advisors (EAs), bots, emulators or automated trading of any kind (even partial automation of entries, exits, SL/TP management or trade copying). Indicators used for analysis are allowed.
  • Tick scalping (trades held under 2 minutes on Oracle/Supernova/Hypernova) and high-frequency trading (HFT).
  • Martingale, grid trading, one-sided bets, reverse trading and group hedging.
  • News straddling (bracket orders placed around economic releases).
  • Signal services and copy trading from external sources.
  • Team/group trading or executing identical trades across accounts to bypass the $1.5M cap.
  • Sharing passwords, account access or identity (KYC).
  • Exploiting platform bugs, delays or pricing errors.
  • Opening multiple user profiles (One Person, One Account policy).
  • Splitting trades intentionally to bypass the 20% Best Day Rule.
VPN
No data
Limited

Not explicitly prohibited, but strongly discouraged. Use of VPN/VPS during KYC/AML verification is prohibited and can result in the account not being funded or being closed. If suspicious activity is detected, VPN usage will be used against the trader in the review.

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