Forex firms comparator

56 Alekou Konstantinou, Strovolos, 2024, Nicosia, Cyprus

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

Revin Zabala

Jakub Zeliska

Cyprus

United Arab Emirates

2024

2023

Liquidity Provider

Full refund after 3rd payout. Not available for Instant Funding Accounts and 1-step Nitro X Accounts

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.

5% processing fee on crypto payouts (covers blockchain costs, liquidity swaps, and infrastructure). Only TRC20 USDT supported for crypto payouts.

• 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).

100%

110%

On Demand, provided you have met these specific criteria:

• Consistency Rule
• Minimum Payout Amount of 1% of Initial Balance (Before-Split)
• Minimum Trading Days

• 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.

The 24-hour payout guarantee ensures that you are eligible to receive your full payout within 24 business hours of your payout request. If Funded Trader Markets fail to meet this time frame, they will double the requested payout and issue a free account of the same size. This guarantee is only applicable for payouts up to $1000.

• 2-Step Prime: $15,000 per month
• 1-Step Nitro X: $5,000 per account and request, and required to leave a buffer of 50% of the profits
• Crypto payouts: $5,000 per transaction (TRC20 USDT only)

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.

• 1-Step Nitro X: Must make at least a 3% profit before withdrawal
• All other accounts: 1% of initial balance

• BTC, ETH: 5:1
• Other crypto: 2:1

All accounts are swap free

All accounts are swap‑free

A reset gives a trader who has violated their account rules (such as exceeding the Daily or Overall Loss Limit) the ability to restore the account to its original starting balance paying a fee, and begin trading again.

1-Step Nitro X (Evaluation Phase)

• Reset Limit: Unlimited
• Reset Window: Within 30 days of the original purchase date

1-Step Nitro and 1-Step Nitro X (Funded Phase)

• Reset Limit: One-time only

Instant Standard

• Reset Limit: One-time only
• Reset Window: Within 24 hours after the breach

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.

90% Profit Split (2-Step Plus): It has no cost on money but Shield Risk Protocol will apply now on evaluation phase as well

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.

• Instant, 1-Step: Trailing
• 2-Step: Static

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.

Instant Standard, Instant Pro

• 1st payout: 50%
• 2nd payout: 60%
• 3rd payout: 70%
• 4th payout and next: 80%

Instant Plus

80%

2-Step Plus

70% (up to 90% with 2-Step Plus add-on)

1-Step Nitro

90% for the first $10,000 and 80% after that

1-Step Nitro X

100%

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.

If your Simulated Funded account with Funded Trader Markets is in profit but has been breached, you may still qualify for a withdrawal with a 50% split, provided the following conditions are met:

• Stop Loss Usage: Every trade had an SL in place.
• Loss Limits: No single position incurred a loss exceeding 1% of the account's initial balance.

Highest balance or equity recorded at the end of the day (EOD high-watermark

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.

Evaluations

• 2-Step Plus: $200,000
• 1-Step Nitro: $300,000
• 1-Step Nitro X: $150,000

Instant Funding

• Instant Standard: $100,000
• Instant Pro: $100,000
• Instant Plus: $100,000

Unlimited

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.

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.

1-Step Nitro / 1-Step Nitro X

• Evaluation: no minimum days.
• Funded Simulation: 5 minimum days, only days with ≥0.5% profit count.

2-Step Plus

• Evaluation: 3 minimum days per phase.
• Funded Simulation: 5 minimum days, only days with ≥0.5% profit.

Instant Standard / Pro / Plus

• Payout eligibility: 5 minimum days, only days with ≥0.5% profit count.
• Instant Pro: trading-day requirement can be removed with a checkout add-on.

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.

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.

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

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 and layering are allowed per account (increasing position size after a loss, or opening multiple positions in the same direction at different price levels). Running these strategies across multiple accounts simultaneously is prohibited and counts as abusive behavior.

Shield Risk Protocol

Maximum Floating Loss Limits

• Instant Plus, 2-Step Plus: Maximum floating loss = 1% of account balance

Breach Consequences

• Breach it once = 80% profit split drops to 50%
• Breach it repeatedly = payout share reduces permanently to 40%, 30% and finally 20%

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.

Built-in Copy Trading lets traders link their own FTM accounts and mirror trades, including from Evaluation to Funded phases. Available across supported platforms. Account sharing and group trading remain prohibited.

Accounts inactive for 30 days are subject to closure.

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

Instant (all)

• If a single day's profit is more than 20% of your total profit in the Instant Funding Account, you have to keep trading until the best day profit is less than 20% of the total profit.

1-Step Nitro

50% on evaluation phase and 45% on funded phase

1-Step Nitro X

25% on funded phase

2-Step Plus

No consistency rule on evaluation. No consistency rule on funded phase.

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.

• Using Manipulative Software or Techniques
• Non-Standard Trading Practices
• Using External or Slow Data Feeds
• Exploiting Service Errors
• Manipulative Trading
• Hedging Across Accounts
• Account Management Services
• Group Trading
• High-Frequency Trading
• News Scalping
• Arbitrage Trading
• Multi-Account Reverse Trading
• Tick Scalping
• Internal Reverse Trading
• Group Hedging
• Account Management Services
• Account Sharing

• 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.