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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

55 differences

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Headquarters

Dubai, United Arab Emirates, at Building A1, Dubai Digital Park, Dubai Silicon Oasis

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

CEO

Iñaki Martinez, Albert Suriol

Jakub Zeliska

Country

United Arab Emirates

United Arab Emirates

Foundation

2024

2023

Banned Countries
Cuba, Sudan, Somalia, Iran, Lebanon, Syria, North Korea, Libya, Pakistan, Vietnam
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
Assets
Commodities, Crypto, Forex, Indices, Stocks
Forex, Commodities, Indices, Stocks, Crypto
Brokers
WSF, Gooeytrade
Royal Flow - FZCO
Refund
Yes

Refund of the initial payment of the evaluation account will be made with the second payment

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.

Payout Fee
No data
  • 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).
Platforms
cTrader, Metatrader 5, MatchTrader, DXTrade
TradeLocker, Metatrader 5, MatchTrader, cTrader, DX
Demo Account
No data
Metatrader 5
ID1293766PasswordUpcomers1.ServerUpcomers-Server
Payout Methods
Crypto, Rise
Crypto, Transfer
Payment Methods
Card, Crypto
Card, Crypto, PayPal, ApplePay, GooglePay
Margin Call Level

50%

No data
Payout Frequency

One Step: First payout after 30 days and 10 days for every payout after that
Two Step and Instant: First payout after 15 days and 5 days for every payout after that

  • 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 6 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.
Crypto Weekend Trading
No
Yes
Maximum Withdrawal
No data

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.
Minimum Withdrawal
  • 1%
  • Crypto: $100
  • Rise: $500
No data
Forex

One Step, Instant: 30:1
Two Step: 50:1

100:1
Metals
10:1
30:1
Energies
10:1
30:1
Indices

One Step, Instant: 10:1
Two Step: 20:1

30:1
Stocks
10:1
30:1
Crypto

One Step, Instant: 1:1
Two Step: 2:1

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

All accounts are swap‑free

Account Reset
No data

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.

Add-ons
Yes
No
Instant
Yes
Yes
One Step
Yes
Yes
Account scaling
Yes

15% profit in 3 months + 3 withdrawals → +25% balance. Max cumulative $2,000,000. Profit split can increase up to 95%.

Yes

Scaling Plan for Thunderbolt, Astral 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.
Two Steps
Yes
Yes
Max Drawdown
  • One Step and Two Step: Static
  • Instant: Trailing

Current CFD programs use three systems:

  • Dynamic Risk Shield™: 6% on Ash and Thunderbolt, 7% 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, Ignite Classic and Ignite Turbo; 10% on Phoenix Legacy; 7% on Surge. The floor is fixed from the initial balance.
  • Nonstop Dynamic Risk Shield™: 3% on Supernova and Hypernova; 2% on Ultranova. It trails continuously and never locks.
    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.
Profit Split

80%

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.

Free Trial
No
Yes
Daily Drawdown

Highest balance or equity recorded at the end of the day (EOD high-watermark)

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, Ignite Classic/Turbo and Surge: 4%
  • Phoenix Legacy: 5%
  • Vanguard and Oracle: 4%
  • Supernova and Hypernova: 2%
  • Ember and Ultranova: no daily drawdown
  • Horizon and Odyssey: daily limits by phase are shown in the challenge catalogue; Odyssey has a stricter daily limit when funded.
Three Steps
No
Yes
Max Allocation
400,000
1,500,000
Merge Accounts
No
No
Maximum Trading Days

Unlimited

Classic, Legacy and non-Turbo Limited Drop challenges have no time limit. Ash Turbo, Thunderbolt Turbo and Ignite Turbo have 30 calendar days and a maximum of 7 trading days. Timed Instant Funding sessions last 24 hours on Supernova, 4 hours on Hypernova and 1 hour on Ultranova.

Minimum Trading Days
No data

No minimum trading days to pass the challenge in any Classic, Turbo or Limited Drop (Ignite/Surge) 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.

Monthly Competition
Yes
No
Minimum Profitable Days

4 days with at leat 0.5% profit

Payout eligibility requirements (a valid day has at least 0.5% realized profit):

  • Vanguard: 6 valid days
  • Oracle, Ember, Phoenix Legacy, Ignite Classic, Surge, Ash Turbo, Thunderbolt Turbo and Ignite Turbo: 5 valid days
  • Ash Classic, Thunderbolt Classic and Phoenix Classic: no valid-day minimum
  • Supernova and Hypernova: at least 7 trades in the timed session
  • Ultranova: at least 5 trades in the timed session
    The counter resets after each successful payout.
    Horizon and Odyssey funded accounts require 3 valid days up to $50,000, 4 above $50,000 up to $200,000, and 5 above $200,000 per payout. Each valid day earns at least 0.5% of the initial balance.
Expert Advisor (EA)
Yes
No
VPN
Yes

While VPNs and VPS are allowed, their usage is heavily considered during investigations of suspicious behavior or breaches of the terms and conditions.

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.

Hedging
No
No

Hedging across multiple accounts is prohibited. Hedging within a single account is allowed under normal trading rules.

Requires Stop Loss
Yes

SL (Stop Loss) must be added to the trade within a maximum of two minutes after the trade is opened.

No
Scalping
Yes

Trades must be open for at least 60 seconds

Yes
Stacking / Layering (DCA)
Yes
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.

Maximum Risk Limit
Yes

5k:

  • Forex: 3 lots
  • Metals and Energies: 0.5 lots
  • Indices: 5 lots

10k:

  • Forex: 6 lots
  • Metals and Energies: 1 lot
  • Indices: 10 lots

20k:

  • Forex: 12 lots
  • Metals and Energies: 1.8 lots
  • Indices: 20 lots

50k:

  • Forex: 20 lots
  • Metals and Energies: 4 lots
  • Indices: 40 lots

100k:

  • Forex: 35 lots
  • Metals and Energies: 7 lots
  • Indices: 70 lots

For all accounts, it's not allowed to risk more than 50% of the daily drawdown on one trade idea

For Instant Standard and Pro accounts, it's not allowed to risk more than 1% on the balance account

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, Vanguard and Oracle: 2%
  • Ash Turbo, Thunderbolt Turbo, Ignite Classic, Ignite Turbo, Surge and Ember: 1.5%
  • Supernova and Hypernova: 1%
  • Ultranova: 0.5%
    Exceeding the applicable limit is a hard breach.
Copy Trading
No

Only allowed to copy trades manually during evaluation phase between accounts of different size

No
News Trading
No

Trading funded accounts during high-impact news is restricted; opening or closing positions is prohibited within a 4-minute window both before and after red folder macroeconomic events.

Yes
Inactivity Rule

30 days

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

Consistency Rule
Yes

To request a payment your biggest winning day can't exceed:

  • Instant Standard: 30%
  • Instant Pro: 15%
Limited

Consistency is checked at payout and does not breach the account:

  • 20% Best Day Rule: current Classic and Turbo challenges, Ignite, Surge, Vanguard, Oracle and Ember
  • 30% Best Day Rule: Phoenix Legacy
  • Best Trade Rule in timed Instant Funding: 15% on Supernova and Hypernova; 20% on Ultranova
    The Best Day cycle resets after each successful payout. The timed Best Trade Rule is final when the session ends.
  • Horizon and Odyssey: no consistency or Best Day Rule in evaluation or funded accounts.
Hold Weekend
Yes
Yes
Prohibited Strategies
  • High-Frequency Trading (HFT)
  • Trades lasting less than 60 seconds
  • Grid trading
  • Arbitrage trading
  • Hedge trading
  • Latency trading
  • Reverse trading
  • Tick scalping
  • Hyperactivity
  • Account cycling/rotation
  • Gambling behavior
  • Trade stacking
  • Group hedging
  • Overleveraging
  • Expert Advisors (EAs), bots, emulators or automated trading of any kind (even partial automation of entries, exits, SL/TP management or trade copying). Indicators used for analysis are allowed.
  • Tick scalping (trades held under 2 minutes on Oracle/Supernova/Hypernova) and high-frequency trading (HFT).
  • Martingale, grid trading, one-sided bets, reverse trading and group hedging.
  • News straddling (bracket orders placed around economic releases).
  • Signal services and copy trading from external sources.
  • 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.
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