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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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49 differences

90%off · Exclusive
50%off
Headquarters

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

Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

CEO

Jakub Zeliska

Jelle Dijkstra

Country

United Arab Emirates

United Arab Emirates

Foundation

2023

2023

Banned Countries
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
Cuba, Iran, North Korea, Syria, Vietnam
Assets
Forex, Commodities, Indices, Stocks, Crypto
Forex, Indices, Commodities, Crypto
Brokers
Royal Flow - FZCO

Market Data Provider

Refund
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.

No
Payout Fee
  • 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).
No data
Platforms
TradeLocker, Metatrader 5, MatchTrader, cTrader, DX
MT5, cTrader, DXtrade
Demo Account
Metatrader 5
ID1293766PasswordUpcomers1.ServerUpcomers-Server
DXTrade
IDMagic_BFPasswordBF_Magic123!
cTrade
IDBrightFunded-DemoPasswordBrightFunded123!
Metatrader 5
ID318747699PasswordBrightFundedMT5!ServerBrightFunded-Server
Payout Methods
Crypto, Transfer
Crypto, Transfer
Payment Methods
Card, Crypto, PayPal, ApplePay, GooglePay
Crypto, Card, GooglePay, ApplePay
Payout Frequency
  • 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 5 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.

7 days

Crypto Weekend Trading
Yes
No data
Maximum Withdrawal

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.

No limit

Forex
100:1
100:1
Metals
30:1
40:1
Energies
30:1
40:1
Indices
30:1
20:1
Stocks
30:1
No data
Crypto
30:1
5:1
Forex
5 / lot
3 / lot
Metals
5 / lot
0.001%
Energies
0
0.001%
Indices
0
0
Stocks
0
No data
Crypto
0.04%
0.024%
Commission-Free Option
No
No
Swap Free
Yes

All accounts are swap‑free

Yes

With add-on

Account Reset

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.

No data
Add-ons
No
Yes
  • Bi-weeky payouts (+15%)
  • Weekly payouts (25%)
  • 90% Profit Split (+20%)
  • 100% Challenge Refund (+10%)
  • No minimum trading days (+15%)
  • Swap-Free (+10%)
Instant
Yes
No
One Step
Yes
Yes
Account scaling
Yes

Scaling Plan for Thunderbolt 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.
Yes

If you meet the requirements of the scaling plan, your funded star account will be increased by 30% of its original size.

  • Every funded star account goes through an evaluation over a period of four consecutive months.
  • You must be profitable in at least two out of those four months, with a minimum total gain of 10% during the entire four-month period.
  • You must also successfully complete at least two payout requests on your funded star account.
  • When the scale-up takes place, the balance of the funded star account must be at breakeven or in profit.
  • There are no restrictions on upside balance.
Two Steps
Yes
Yes
Max Drawdown

Current CFD programs use two systems:

  • Dynamic Risk Shield™: 6% on Ash and Thunderbolt, 10% on Phoenix Legacy, 8% 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. The floor is fixed from the initial balance.
    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.

Static

Profit Split

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.

80%

Free Trial
Yes
No
Daily Drawdown

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: 4%
  • Phoenix Legacy: 5%
  • Vanguard and Oracle: 4%
  • Ember: no daily drawdown
  • Horizon: 3% and Odyssey: 4%, in evaluation and funded.

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

Three Steps
Yes
No
Max Allocation
1,500,000
400,000
Merge Accounts
No
Yes
  • Accounts can only be merged into sizes that currently offered
  • Only accounts in the Funded Stage are eligible for merging.
  • The accounts to be merged must have the same add-ons.
  • Merging is only possible if you request it before we send the Funded Account for the first time or after a payout.
Maximum Trading Days

Classic and Legacy challenges have no time limit. Ash Turbo and Thunderbolt Turbo have 30 calendar days and a maximum of 7 trading days.

Unlimited

Minimum Trading Days

No minimum trading days to pass the challenge in any Classic or Turbo 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.

Evalution Phases: 5 days

Monthly Competition
No
No
Minimum Profitable Days

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

  • Vanguard, Oracle, Ember, Phoenix Legacy, Ash Turbo and Thunderbolt Turbo: 5 valid days
  • Ash Classic, Thunderbolt Classic and Phoenix Classic: no valid-day minimum
    The counter resets after each successful payout.
    Horizon funded accounts require per payout 3 valid days up to $50,000, 4 above $50,000 and below $200,000, and 5 from $200,000. Odyssey funded accounts require 3 below $100,000 and 4 from $100,000. Each valid day earns at least 0.5% of the initial balance.
No data
Points Reward Program
No data

Trade2Earn is a BrightFunded program that rewards traders based on their trading volume, not just their profits. For every trade you make on Challenge or Funded accounts, you earn BrightFunded Tokens that can be exchanged for exclusive perks.

Available perks

  • More Drawdown – Greater flexibility and margin for error.
  • Lower Profit Targets – Easier to pass evaluations.

Token calculation

  • Forex, indices, commodities: 0.2 tokens / $100,000 volume
  • Crypto: 0.2 tokens / $20,000 volume
Expert Advisor (EA)
Yes

Allowed, including third-party EAs, bots and trade or risk managers, as long as the trading rules are followed. HFT, tick scalping, latency arbitrage, emulators and running the same EA with the same settings as other traders are prohibited.

Yes
VPN
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.

Yes
Hedging
No

Prohibited, also within the same account and across multiple accounts.

No
Requires Stop Loss
No
No
Scalping
Yes
Yes
Stacking / Layering (DCA)
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.

No data
Maximum Risk Limit
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, Odyssey, Vanguard and Oracle: 2%
  • Ash Turbo, Thunderbolt Turbo, Horizon and Ember: 1.5%
    Exceeding the applicable limit is a hard breach.
No data
Copy Trading
Limited

Only between accounts owned by the same person (Upcomers, other prop firms or brokers). Copying to or from other people's accounts and signal services are prohibited.

Yes
News Trading
Yes
No

Trading 5 minutes before and 5 minutes after the event is prohibited ( this is a soft breach and will not result in your account being breached).

Trading during this window will result in a deduction of the profit that you made on that particular trade.

Executed trades during this period that lead to a loss won't be compensated.

Executing a trade refers to initiating or closing a market order, as well as triggering any pending order, including stop-loss and take-profit instructions.

Inactivity Rule

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

30 days

Consistency Rule
Limited

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

  • 20% Best Day Rule: current Classic, Legacy and Turbo challenges, Vanguard, Oracle and Ember
    The Best Day cycle resets after each successful payout.
  • Horizon and Odyssey: no consistency or Best Day Rule in evaluation or funded accounts.
No
Hold Weekend
Yes
Yes
Prohibited Strategies
  • Emulators, and running the same EA with the same settings as other traders to produce identical trades.
  • Tick scalping (trades held under 2 minutes on Oracle) and high-frequency trading (HFT).
  • Martingale, grid trading, one-sided bets, reverse trading and hedging (also within the same account).
  • News straddling (bracket orders placed around economic releases).
  • Signal services and copying trades from other people's accounts.
  • 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.
  • Hedging across multiple accounts
  • Exploiting Service Errors or Platform Delays.
  • Using External or Delayed Data Feeds.
  • Coordinated or Multi-Account Manipulation.
  • Violating Platform or Provider Terms.
  • Use of Automated Software, AI, or High-Speed Trading Tools.
  • Trading During High-Impact News or Events.
  • Risk-Abusive Trading: Overleveraging, Overexposure, One-Sided Bets, and Account Rolling.
  • Abusive Strategy Types: Grid Trading, Arbitrage, Tick Scalping, High-Frequency Trading (HFT).
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