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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

90%off · Exclusive
Headquarters

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

Corso G. Matteotti 61, Latina, 04100, Italy

CEO

Jakub Zeliska

Christian Habibi

Country

United Arab Emirates

Italy

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
United States, Canada, Iran, Iraq, Cuba, North Korea, Israel, Syria, Palestine
Assets
Forex, Commodities, Indices, Stocks, Crypto
Forex, Indices, Commodities, Stocks, Crypto
Brokers
Royal Flow - FZCO
Funded Elite
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.

Yes
  • Without Second Chance: If you complete our challenges successfully on your first attempt, your original fee will be reimbursed with your third payout.
  • With Second Chance: If you activated the "Second Chance" option and received a complimentary retry, the initial fee becomes non-refundable.
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).
  • Rise: $35
  • ERC20 and BTC: Around $7
  • TRC20: Around $3
Platforms
TradeLocker, Metatrader 5, MatchTrader, cTrader, DX
Metatrader 5, TradeLocker
Demo Account
Metatrader 5
ID1293766PasswordUpcomers1.ServerUpcomers-Server
MetaTrader 5
ID55188PasswordFundedelite1!Server Fundedelite-Server
Payout Methods
Crypto, Transfer
Crypto, Rise
Payment Methods
Card, Crypto, PayPal, ApplePay, GooglePay
Card, Crypto
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.

Can be choose at checkout: 3, 7, 14, 21 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.
  • Crypto: $500
  • Giveaway and free accounts: 2% of the initial balance
Minimum Withdrawal
No data
  • Crypto: $30
  • Rise: $500
Forex
100:1

30:1 (50:1 and 100:1 available as an add-on at the checkout)

Metals
30:1
10:1
Energies
30:1
10:1
Indices
30:1
10:1
Stocks
30:1
No data
Crypto
30:1
2:1
Forex
5 / lot
3 / lot
Metals
5 / lot
0 / lot
Energies
0
3 / lot
Indices
0
0
Stocks
0
No data
Crypto
0.04%
0
Commission-Free Option
No
No data
Swap Free
Yes

All accounts are swap‑free

No
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.

Traders can independently restart their live account directly from the dashboard.

  • The initial reset carries a fee equal to 20% of the original challenge price (no discounts applied and including any selected add-ons), with a minimum charge of $10 USD.
  • The fee for the second reset will be double the cost of the first reset.
  • The third and final reset will cost twice the fee of the second reset.
Add-ons
No
Yes
  • Forex Leverage: 30:1, 50:1, 100:1
  • Allow Scalping
  • Weekend trading (open or close positions)
  • Profit Split: 60%, 70%, 80%, 95%
  • Days between payout: 3, 7, 14, 21
  • Profit target: 6-12
  • Max Drawdown: 6-10
Instant
Yes
Yes
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
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.
  • 1 Step, 2 Step: Static
  • Instant: Trailing
  • Activation: Static during challenge and trailing on funded account
  • Catalyst: Trailing equity. 6% at $25K, 5% from $50K up
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.

  • 1 Step, 2 Step: 60%, 70%, 80%, 95% (can be selected at the checkout)
  • Instant: 70%, 95%
  • Activation: 80%
  • Catalyst: 80% at $25K, 85% at $50K, 90% at $100K, 95% from $200K and up
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).

  • Catalyst: 3% of the higher of yesterday's closing balance or equity
Three Steps
Yes
No
Max Allocation
1,500,000
  • Vietnam, Pakistan: 100,000
  • Rest of the world: 300,000
Merge Accounts
No
Yes
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.

  • 1 Step, 2 Step: 3 days on funded account
Monthly Competition
No
Yes
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.
  • 1 Step, 2 Step: 3 days of at least 0.5% profit on challenge phase
  • Instant: 3 days of at least 1% profit on funded phase
  • Activation: 3 days of at least 0.5% profit on both challenge and funded phase
  • Catalyst: 5 days with a minimum PnL per stage ($150 / $250 / $350 / $450 / $650 / $850 / $1,000 for $25K → $1M)
Points Reward Program
No data

Elite Packs: each pack contains three reward cards. Depending on the card obtained, rewards can remove consistency requirements, increase profit split or drawdown allowance, enable weekend trading or scalping, change payout frequency, reduce or skip trading days, skip a 2-Step evaluation phase, or provide account and reset discounts. One card rewards three $400K Instant Elite accounts. Benefits depend on the card obtained and its redemption conditions.

Packs and credit cost

  • Ignition: 3,000 credits
  • Breakout: 6,000 credits
  • Market Maker: 10,000 credits
  • Whale: 12,500 credits; every card is Uncommon or better
  • Oracle: 15,000 credits; every card is Rare or better

Higher-tier packs offer better odds of higher-rarity cards. Cards are drawn separately; the displayed odds are per card.

Credits

Credits can be purchased by card or crypto, or obtained by converting Payout Credits. Crypto purchases receive a 5% discount.

  • $10: 1,150 credits
  • $25: 3,105 credits, including an 8% bonus
  • $50: 6,440 credits, including a 12% bonus
  • $100: 13,340 credits, including a 16% bonus
  • $250: 34,500 credits, including a 20% bonus
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.

No

Only manual trading tools are allowed, not automated trading

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

Must inform Funded Elite in advance

Hedging
No

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

No
Requires Stop Loss
No
No
Scalping
Yes
Yes

Trades must last longer than 30 seconds if the scalping add-on was purchased, and more than3 minutes if it wasn't

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.

Yes
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.
Yes

Funded Phase: Risking more than 50% of your daily loss limit on a single instrument during the same day is strictly prohibited.

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
Yes
Inactivity Rule

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

29 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.
Yes
  • Instant: yes
  • Catalyst: yes
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.
  • IP sharing
  • HFT
  • Hedging
  • Account Rolling
  • Account Sharing/any passing service
  • Latency Arbitrage
  • Server Spamming
Martingale
No data
Yes
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