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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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53 differences

90%off · Exclusive
Headquarters

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

Goldcrest Executive Building, Office No. 1210, JLT, Cluster C, Dubai, United Arab Emirates

CEO

Jakub Zeliska

Jakub Rož

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
Pakistan, Iran, Syria, Myanmar, Bangladesh, North Korea, Russian Federation, Belarus, Cuba, Lebanon, Libya, Sudan, Crimea, Donetsk, Luhansk, United Arab Emirates
Assets
Forex, Commodities, Indices, Stocks, Crypto
Forex, Commodities, Indices
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.

Yes

Pay After Pass: pay activation fee only after passing. No traditional refund.

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).
  • Crypto ($100 – $399): $25
  • Rise ($400 or more): $50
Platforms
TradeLocker, Metatrader 5, MatchTrader, cTrader, DX
Metatrader 5, cTrader, TradeLocker
Demo Account
Metatrader 5
ID1293766PasswordUpcomers1.ServerUpcomers-Server
No data
Payout Methods
Crypto, Transfer
Transfer, Crypto, Rise
Payment Methods
Card, Crypto, PayPal, ApplePay, GooglePay
Card, Crypto, Transfer
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.

Every 14 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
Instruments
No data
Forex (majors, minors, exotics), Commodities (CFDs), Indices (CFDs), Energies (CFDs), Metals (CFDs)
Payout Guarantee
No data

48 hours: if not paid within 48h, 100% profit split

Minimum Withdrawal
No data
  • Minimum: $100 in For Traders wallet
  • Maximum per cycle (bi-weekly): $15,000 on most accounts
  • Withdrawal fees:
    · $100-$399 (crypto): $25
    · $400+ (Rise: bank/local/crypto): $50
Forex
100:1
  • Challenge accounts (evaluation phase): 1:125
  • Master accounts (Fast/Classic/Strike): 1:30
  • Master accounts (Fast Static): 1:20
  • Master accounts (Instant Pro): 1:10
  • Forex Instant: 1:30
Metals
30:1
  • Challenge: 1:40 (gold/silver part of FX leverage 1:125)
  • Master: 1:10
Energies
30:1
  • Challenge: 1:40
  • Master: 1:10
Indices
30:1
  • Challenge: 1:20
  • Master: 1:10
  • Instant Pro: 1:5
  • Fast Static: 1:10
Stocks
30:1
No data
Crypto
30:1
No data
Forex
5 / lot
3 / lot
Metals
5 / lot
3 / lot
Energies
0
3 / lot
Indices
0
0
Stocks
0
No data
Crypto
0.04%
No data
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.

No data
Add-ons
No
No
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

Scaling unlocked through the Loyalty Program (5 tiers: Starter, Rising Star, Pro, VIP, Legend). Increments depend on tier. Applies to all account types.

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.
  • Forex Fast: 6% trailing
  • Forex Fast Static: 6% balance-based static
  • Forex Classic: 8% or 10% (depending on order)
  • Forex Strike: 5% from initial balance
  • Forex Pay After Pass: 6% trailing
  • Forex Instant: 5% trailing
  • Forex Instant Pro: 6% trailing
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.

  • Forex evaluation products (Fast, Fast Static, Classic, Strike and Pay After Pass): 80% or according to the selected order
  • Forex Instant: starts at 70% and increases by 5% with each reward, up to 90%
  • Forex Instant Pro: starts at 60% and increases by 10% with each reward, up to 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.
  • Forex Fast/Fast Static/Strike/Pay After Pass: 3% (Fast: from previous day equity; Fast Static: from previous day balance/equity; Strike: fixed from initial)
  • Forex Classic: 4% or 3% (depending on order)
  • Forex Instant: 3% of starting balance
  • Forex Instant Pro: none
Three Steps
Yes
Yes
Max Allocation
1,500,000

$300,000 combined across all Master Accounts and Instant Models (Forex + Crypto + Futures shared cap). No allocation limit during Challenge phase.

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.

  • Three Step: 60 per phase
  • Rest of accounts: No limit
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.

No data
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.
  • Forex Fast: 3 profitable days (0.5% of starting balance each)
  • Forex Classic: 3 profitable days per phase
  • Forex Strike: 3 profitable days per phase
  • Forex Instant: 7 profitable days
  • Forex Instant Pro: not required
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

EAs allowed only as decision-support tools (alerts, partial management, predefined rules). Fully autonomous trading bots are prohibited.

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

Cross-account hedging (opposing positions on the same instrument across accounts) is forbidden.

Requires Stop Loss
No
No
Scalping
Yes
Yes

Manual scalping allowed with a minimum 5-second hold per trade. Tick scalping and HFT are forbidden.

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

Open trades: maximum 3% risk on a single position.

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.

No

Outbound copy trading (from your For Traders account to external accounts) is allowed. Inbound copy trading from external sources is strictly forbidden.

News Trading
Yes
Limited

Forex: no new positions within 5 minutes before/after high-impact news events. Existing positions can be held through news.

Inactivity Rule

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

  • Forex Fast / Fast Static / Classic / Strike / Pay After Pass (Challenge & Master): 30 days
  • Forex Instant / Instant Pro: 7 days

Days counted from the moment a position is CLOSED, not opened. Minimal 0.01-lot trades to game the rule don't count.

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
  • Forex Fast: no consistency rule on Challenge; consistency on Master varies.
  • Forex Pay After Pass Master: best day cannot exceed 20% of total profit.
  • Forex Instant: best day cannot exceed 15% of total profit.
  • General gambling rule: passing via a single trade exceeding 70% of profit target is forbidden.
Hold Weekend
Yes
Yes

Weekend holds are unrestricted across all account types.

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.
  • Arbitrage (latency, reverse, statistical)
  • HFT (High Frequency Trading)
  • Grid trading
  • Tick scalping
  • Fully autonomous bots/EAs
  • Cross-account hedging
  • Gambling behaviors (overleveraging, all-in trades > 70% of profit target)
  • Martingale
  • Inbound copy trading and signal services
  • Group/signal trading from Telegram, Discord etc.
Martingale
No data
No

Martingale strategies (doubling position size after losses) are classified as gambling and forbidden.

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