Forex firms comparator
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58 differences
Building A1, IFZA Business Park, Dubai Silicon Oasis, Dubai, United Arab Emirates
Jakub Zeliska
United Arab Emirates
2023
2026-10
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 refund after credentials are sent; support may authorize exceptions if no trades were placed. No fee refund for passing is published.
- 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).
1293766PasswordUpcomers1.ServerUpcomers-Server- 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.
Every 14 days. One and Two: first payout after 14 days. Instant: first after qualifying profitable days. Signature: 14-day waiting period for each payout. Paid via Rise or crypto; store credit is also available, irrevocable and expires after one year.
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.
Signature: maximum 3% of balance per payout.
1% of balance on Instant, One and Two; Signature does not publish a specific minimum.
Liquidity-provider commissions vary by instrument and platform; check specifications.
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.
Payout Protector: +25%. Remove Lock on Payout: +25%, only One and Instant. Optional; table prices exclude add-ons.
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.
Static on One, Two and Signature. Instant: trailing on the highest end-of-day balance; retains its pre-payout level unless Remove Lock on Payout is purchased. One also retains its pre-payout level. Instant requires a 5% non-withdrawable buffer.
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.
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.
Based on balance; monitor the breach level in the dashboard.
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 deadline; the inactivity limit applies.
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.
Checkout specifies no fixed minimum evaluation days; consistency may require additional 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.
Instant: 7 days. One and Two: 4 days with at least 0.25% daily profit. Signature: no specific requirement is published.
No fixed count; the $1 million limit is shared across evaluations, funded accounts and markets.
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.
The FAQ permits proprietary automation subject to restrictions, but the checkout catalogue flags EAs as disallowed. Obtain written confirmation for the selected plan and platform before using automation.
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.
Prohibited, also within the same account and across multiple accounts.
Permitted within one account. Coordinated opposing positions across accounts or firms are prohibited.
Tick harvesting, full porting and sub-minute positions at or near the contract limit are prohibited.
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.
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 universal per-trade percentage is published; gambling, all-in and abuse of margin, leverage or contract limits are prohibited.
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 owned by the same trader. Signals, passing services, group trading and EAs facilitating copy trading are prohibited.
Existing positions may remain open. No opening or closing within 3 minutes before or after high-impact news. Consequences include P&L removal, reduced leverage or account termination.
35 consecutive calendar days without a trade closes the account automatically. Warning email sent 7 days before expiration.
Account closes after 30 consecutive days without trading.
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.
One: 50% in evaluation and funded. Signature: 50% funded only. Instant: 18%. Two: no consistency rule. The best day cannot exceed that share of total profit; continue trading until compliant.
- 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.
Cross-account arbitrage, latency or pricing-error exploitation, insider trading, front-running, third-party passing strategies and changing strategy between evaluation and funded trading. All-in, gambling and excessive exposure are prohibited. Trading is reviewed before funded account issuance.


















