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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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Head to head

56 differences

90%off · Exclusive

No active discount right now.

Headquarters

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

3 Place Ville-Marie, Montréal, QC H3B 4W8

CEO

Jakub Zeliska

Matt L

Country

United Arab Emirates

Canada

Foundation

2023

2022

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
Iran, North Korea, Myanmar, Russia, Belarus, Quebec
Assets
Forex, Commodities, Indices, Stocks, Crypto
Forex, Indices, Commodities, Crypto
Brokers
Royal Flow - FZCO

Liquidity 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).

Riseworks: $40

Platforms
TradeLocker, Metatrader 5, MatchTrader, cTrader, DX
DXTrade, cTrader, MatchTrader
Demo Account
Metatrader 5
ID1293766PasswordUpcomers1.ServerUpcomers-Server
DXTrade
IDLH_C00009PasswordLH_NewPW2023!F$
GooeyTrade
IDLH_C00009Passwordgjt6n6jfr5F$
Payout Methods
Crypto, Transfer
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.
  • 3-Step, 1-Step Career: Every 14 days or 7 days with add-on (+30%)
  • Instant: First payout on demand, next every 30 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 data
Stop Out Level
No data

100%

Margin Call Level
No data

110%

Payout Guarantee
No data

Most payouts processed in under 6 hours; allow up to 3 business days.

Minimum Withdrawal
No data

$100 minimum across all programs.

Forex
100:1
  • 3-Step, Instant: 50:1
  • 1-Step Career: 30:1
Metals
30:1
  • 3-Step, 1-Step Career: 20:1
  • Instant: 50:1
Energies
30:1
  • 3-Step, Instant, 1-Step Career: 5:1
Indices
30:1
  • 3-Step: 20:1
  • Instant, 1-Step Career: 10:1
Stocks
30:1
  • 3-Step, Instant, 1-Step Career: 5:1
Crypto
30:1
  • 3-Step, Instant, 1-Step Career: 2:1
Forex
5 / lot
7 / lot
Metals
5 / lot
7 / lot
Energies
0
0 / lot
Indices
0
0
Stocks
0
0.02 / lot
Crypto
0.04%
0
Commission-Free Option
No
No
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.

Surrender Account (3-Step Program)

75% discount code that allows you to restart your journey from Phase 1

  • Your account must not have used more than 75% of the permitted drawdown — essentially, your loss cannot exceed 3.75%.
  • You must not have taken a loss greater than 1% on any single position.
  • All open positions must be closed before the surrender is submitted.

Smart Restart Guarantee (1-Step Career Evaluation)

To receive a free restart, both of the following must be met during your first attempt:

  • No individual trade may incur a loss greater than 1% of the account balance.
  • Your maximum overall drawdown must remain better than −5%

1-Step Max
Up to 3 free evaluation restarts. Surrender before breach, with drawdown within 5% and no trade risking more than 1%.

Add-ons
No
Yes
  • Improved profit split 90% (+20%)
  • Hold over weekend (+10%)
  • Stop Loss (+10%)
  • Weekly Payouts (+30%; 1-Step Max: +20%)
Instant
Yes
Yes
One Step
Yes
Yes

1-Step Career

  • Monthly Simulated Salary
  • Smart Restart Guarantee
  • Free 30-day standard TradingView subscription
  • Access to in-house TrackAlpha trading software
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.
No
Two Steps
Yes
No
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.

3-Step
5% Max Static Drawdown Limit.

1-Step Career
7% Max Drawdown Limit (static).

Instant
8% Max Trailing Drawdown (based on highest recorded closed balance). Locks at initial balance once account reaches 8% gain or after first payout.

1-Step Max
Static in evaluation and funded stages; the threshold does not trail upward.

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.

3-Step
80% (90% with add-on purchased at checkout).

1-Step Career
80% (90% with add-on purchased at checkout).

Instant
90%.

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.

3-Step
No daily loss limit.

1-Step Career
5% Daily Loss Limit, calculated from previous day closed balance at 5 PM EST.

Instant
5% Daily Loss Limit, calculated from previous day closed balance at 5 PM EST.

Three Steps
Yes
Yes
Max Allocation
1,500,000
600,000
Merge Accounts
No
No
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.

0

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
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.

Yes
Requires Stop Loss
No
Yes

This rule doesn't apply when buying the add-on at the check-out (+10%)

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.

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.
Limited

1-Step Max: maximum 1% combined open risk per symbol, not across the entire account. Positions on different symbols have separate 1% limits. During evaluation, symbol-risk, missing-stop-loss and maximum-position-risk violations share one counter: warnings on strikes 1 and 2; hard breach on strike 3. On funded accounts, the first violation is a hard breach. The purchased no-stop-loss add-on exception still applies.

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

Allowed between Lark Simulated Funded Accounts. Not allowed between Evaluation Accounts

News Trading
Yes
Yes
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

It is necessary to buy the add-on at the check-out (+10%

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.
  • All-or-nothing
  • Gambling
  • Ideally no more than 20% margin or 1.5% of the balance per trade
  • High-Frequency Trading (HFT)
  • Hedging & Arbitrage Between Accounts
  • Holding a demo Single Share Equity CFD position into an earnings release
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