Forex firms comparator

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

13 Omonoias Avenue, Limassol 3052, Cyprus (head office); Robin Kelton Building, Choc Bay, Castries, Saint Lucia (registered company).

Jakub Zeliska

Tal Fromchenko

United Arab Emirates

Cyprus / Saint Lucia

2023

2025

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.

The simulation fee is refunded on your third successful payout, not at purchase.

• 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).

$25 on wire transfer and Revolut. Crypto and debit card vary by provider.

• 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.

Turbo: first payout after 14 calendar days of funded trading, then every 14 days. Sprint: first payout as soon as funded, then every 14 days. Junior, Senior and Executive: every 14 days from the start of funded trading.

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.

1:100 on Senior Portfolio Manager, 1:30 on every other program.

1:30 on Senior Portfolio Manager, 1:10 on every other program.

1:10 on Senior Portfolio Manager; 1:3 on Turbo, Sprint, Junior and Executive.

1:25 on Senior Portfolio Manager, 1:8 on every other program.

1:1 on the Forex/CFD programs.

1:1 on the Forex/CFD programs.

$4 per lot round trip on forex and metals. No commission on indices, commodities, crypto, stocks or any other asset.

All accounts are swap‑free

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.

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.

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.

Trailing on Turbo and Leveraged ONE: follows new closed-balance highs and locks at the starting balance after a 6% gain. Static on Sprint, Junior, Senior and Executive. The percentage for each program is in its challenges.

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%

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.

Calculated from the higher of balance or equity at 23:00 GMT+3. The percentage varies by program and is shown in its challenges.

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

No evaluation time limit on any current program.

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.

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.

Junior, Senior and Executive: three non-consecutive days with at least 0.5% net profit per evaluation phase and before funded payouts. Turbo and Leveraged ONE: three such days before funded payouts. Sprint: none.

Loyalty credits can be exchanged for checkout coupons. Credits and coupons expire at the end of the following month.

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.

Only EAs you built and control yourself, plus risk and trade-management tools. Commercial EAs are banned, including bought, rented, licensed or publicly distributed ones, however much they have been modified.

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.

Allowed while you remain the verified holder and sole operator. It cannot be used to share access, hide your identity or location, or get around geographic restrictions.

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

Genuine scalping is allowed. High-frequency, tick and repetitive micro-duration trading are prohibited; positions are expected to stay open for at least two minutes as a benchmark.

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.

Scaling in or out and multiple entries are allowed for a genuine trade thesis. Layering or re-entry to hide concentrated risk or manipulate payout eligibility is prohibited.

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.

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.

Only between accounts registered in your own name, whether at Leveraged, another prop firm or a retail broker. Copying between different people, family included, is prohibited.

Blocked on every program except Sprint. You cannot open, increase, or fully or partially close a position in the five minutes before or after a high-impact release, pending orders included. A position opened earlier may stay open through it.

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

30 days without opening and closing a trade and the account is closed.

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.

20% at payout on funded Turbo and Leveraged ONE accounts: the best day cannot exceed 20% of total profit. No consistency rule during evaluation or on Sprint and Classic Portfolio Manager plans.

Genuine swing trading and overnight or weekend holding are allowed. Strategies built to exploit expected gaps are prohibited. Hedged or offsetting positions within the same account may not be held overnight or over the weekend.

• 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.

High-frequency and tick scalping; latency or price-feed arbitrage; market-gap and restricted-news exploitation; cross-account hedging or coordination; third-party signals or account management; grid and martingale; payout manipulation and platform abuse.

Grid, martingale and anti-martingale escalation are prohibited.