Futures firms comparator

Paris

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

Léon Grimm

Jakub Zeliska

France

United Arab Emirates

Merit Live: Phoenix covers the processor fee on withdrawals above $500.

Bank transfer: USD 19.90 + 2.49%. Crypto: USD 19.90 + 30%; reduced to USD 19.90 + 2.49% when more than 50% of the trader's purchases were paid in crypto.

Live Funded account at EdgeClear on Rithmic. Classic and Spark: after 4 payouts. Daily: once $1,200/$3,000/$6,000 has been paid (Seed/Starter/Growth). Merit: straight to Live on approval. Risk review required; if not passed, the pre-funded payout limit may be extended instead. Live amount: Classic $1,250/$2,000/$3,500; Spark $400/$1,000; Daily $500/$1,250/$2,000; Merit $2,000. Static drawdown, daily limit agreed with the trader, and every rule waived except overnight and over-week positions. Other funded accounts go dormant on transfer.

Futures accounts are simulated (sim-funded).

Classic: weekly, first payout after 5 trading days and then every 5. Spark: bi-weekly, first payout after 5 trading days. Daily: any trading day once profit matures (3 trading days; 5 for a day above 30% of total profit and above the tier's daily cap). Merit Live: any time, up to 10 per day. Processing: 2 to 3 business days.

Classic: whenever the conditions are met. Vanguard: after 5 qualifying days for the first payout. Upcomers states same-day processing after approval.

Per payout: Classic $600/$1,000/$2,000 (Starter/Growth/Scale); Spark $300/$400 (Seed/Starter). Daily: $200/$500/$1,000 per trading day (Seed/Starter/Growth), with $1,000 per day per trader across all Daily accounts. Merit Live: no maximum. PayPal: $2,000 per month.

Classic (payouts 1–5): 25K 500/1,000/1,500/1,500/1,500; 50K 800/1,600/2,400/3,000/3,000; 100K 1,400/2,800/4,200/5,000/6,000; 150K 2,000/4,000/5,000/5,000/9,000; 200K 2,600/5,000/5,000/5,000/12,000; 300K 3,700/5,000/5,000/5,000/18,000; 400K 4,700/5,000/5,000/5,000/23,500 USD. Vanguard (payouts 1–7): 25K 500/1,000/1,500/1,500/1,500/1,500/1,500; 50K 1,000/2,000/3,000/3,000/3,000/3,000/3,000; 100K 1,600/3,200/4,800/5,000/6,000/6,000/6,000; 150K 1,900/3,800/5,000/5,000/9,000/9,000/9,000; 200K 2,300/4,600/5,000/5,000/11,500/12,000/12,000; 300K 3,100/5,000/5,000/5,000/15,500/18,000/18,000 USD. The checkout sells Vanguard 400K, but the current public table does not yet publish its cap; confirm with support.

Classic and Daily: $75. Spark: $30 (Seed) or $75 (Starter). Merit Live: $1.

USD 100.

After passing: review of up to 72 hours, then KYC and Pre-Funded contract within 48 hours. The trailing drawdown locks at the starting balance on the first payout. Every denied payout comes with a written reason from the risk team. No crypto payouts.

Realized profit and all positions closed; at least 1% profit since the previous payout. 20% Best Day Rule. Before the first payout, Vanguard requires 5 profitable days with at least 0.5% profit each.

Per contract and side on TFeed; dxFeed is double. ES, NQ, RTY and YM $1.09; MES, MNQ, M2K and MYM $0.35; CL $1.15; MCL $0.43; GC $1.20; MGC $0.43; NG $1.20; 6E $1.20; ZN $0.80; ZB $0.83; BTC $3.38; MBT $1.38. Same rates on every line, in evaluation and funded.

Classic, Daily and Spark: unlimited, by paying the fee or with reset coupons (one per month the challenge stays alive; they stack and never expire). Classic: a failed account is reset free at renewal. Merit: no reset.

Resets are available when offered by Upcomers. A rule-violation reset permanently limits future payouts on that account to 50%.

Performance Review (+20% on the price): 20 to 30 page report on the trader's own trades. Free ATAS licence with dxFeed.

Vanguard offers instant funding with no evaluation.

Thunderbolt Classic is a one-step evaluation with a 6% target.

Scaling beyond the Classic plan on request, after a full review of the trades.

+35% every 4 months, up to USD 4,000,000, with 15% cumulative growth, at least 2 payouts and a positive final cycle.

Classic and Daily: end-of-day trailing in evaluation and funded. Spark: end-of-day trailing in evaluation and real-time trailing once funded. The trailing drawdown locks at the starting balance. Merit: static, the whole $2,000 balance. Live: static.

Real-time trailing: 4% on Classic and 3% on Vanguard. It locks at the initial balance after the account grows by that same percentage.

Classic and Spark: 90%. Daily: 80%. Merit: 50% until the trader has withdrawn twice the starting balance, then 80%.

90% selected for these prices. Checkout also allows 80% or 100%, adjusting the price.

Classic, Daily and Spark: none. Merit: 25% dynamic (soft breach). Live: agreed with each trader based on their results.

Classic: 3% in evaluation and 2% when funded. Vanguard: 2%. Resets at 5:00 PM ET.

Classic and Daily: a locked buffer equal to the maximum drawdown stays in the account and is not withdrawable. Spark and Merit: none.

Unlimited challenges. Pre-funded: 5 on TFeed (up to 3 Spark, 3 Daily, 3 Classic Growth or Scale and 5 Classic Starter) and 3 on dxFeed. Live: up to 5, at Phoenix's discretion. Merit: one attempt; another requires buying a Classic or Daily account first.

No fixed account-count limit; total funded capital cannot exceed USD 1,500,000 across all Upcomers programs.

No deadline. Spark closes after 90 days without a trade. Merit: 30 calendar days.

No time limit to pass Classic; all futures accounts close after 14 calendar days without closing a trade.

Classic and Daily: 2. Spark: 1. Merit: none; the challenge lasts 30 calendar days.

Classic can be passed in 1 day. Vanguard has no evaluation.

No monthly fee on funded accounts. Activation: $29 one-time on Spark; $0 on Classic, Daily and Merit. Live: CME professional data at $135/month per exchange, deducted from the account.

No activation fee or recurring platform/data subscription stated by Upcomers.

Phoenix Extra: PHX earned for ideas and ambassador work, usable on accounts, resets and activation fees. Not convertible to cash.

Classic: 5 days between payouts with at least $100/$200/$300 profit (Starter/Growth/Scale). Spark: 5 days with at least $40 (Seed) or $100 (Starter). Daily and Merit: none.

Vanguard requires 5 days with at least 0.5% profit each before the first payout; they do not need to be consecutive.

Classic: the contract limit rises with profit at $1,000, $2,000 and $4,000 up to the account maximum, in evaluation and funded, and drops if profit falls back. Spark, Daily and Merit: full size from day one. Live: one extra mini per $2,000 of profit.

The contract limit depends on account size and does not drop after funding.

Classic: monthly subscription every 30 days, cancelled automatically on passing; dxFeed adds $20/month. Daily, Spark and Merit: one-time payment. No refunds.

One-time payment based on program, size and profit split. The table shows the regular 90% price before any promotional code.

Thunderbolt Classic includes an optional Trial Phase; Vanguard has no evaluation.

HFT and bots that trade without the trader are prohibited. Tools that assist the trader (hotkeys, DOM, alerts) are allowed.

Bots and automation are allowed when the strategy is unique and responsible; no HFT, tick scalping, arbitrage, feed abuse or mass-shared strategies.

VPN, VPS and proxy allowed; sessions are monitored and identity documents may be requested.

Upcomers' general VPN/VPS and identity-verification rules apply.

Opposite positions on the same asset across accounts, own or someone else's.

Allowed within the same account; coordinating opposite positions across accounts or people to bypass rules is prohibited.

No minimum trade duration.

Normal scalping is allowed; tick scalping and latency exploitation are prohibited.

Rotating through accounts, each risked in full on the same bet until one hits, is prohibited. Holding several accounts is allowed.

Allowed within a single account, also DCA. Prohibited across accounts.

Same direction across the trader's own accounts. Thor is included with TFeed.

Allowed between your own accounts; prohibited between different people.

Including Tier 1 releases, at every stage.

Pre-funded: one trade every 7 calendar days, otherwise the account closes without a payout. Live: 30 days, not applied mechanically. Challenges: none, except Spark (90 days).

Automatic closure after 14 calendar days without closing a trade; the clock starts at purchase and resets with every closed trade.

Classic and Daily evaluations: best day up to 50% of total profit; exceeding it only delays passing. Spark funded: 30%. No rule on Classic and Daily funded, Spark evaluation or Merit.

20% Best Day Rule: the best day cannot represent more than 20% of total profit when requesting a payout.

Hedging between accounts, account rolling, martingale or loss recovery across accounts (also at other firms) and HFT or bots. On funded accounts: flipping and one-tick trading on bonds. Stop trading a contract within 2% of its CME daily price limit.

HFT, tick scalping, arbitrage or latency abuse, feed/price abuse, mass-shared strategies, martingale, account rolling and any practice designed to exploit the simulated environment.

Positions must be closed before the session ends, at every stage including Live. Breach: funded account denied, or payout denied and account closed.

Hard maximum loss of 1.5% of account size per open trade. Positions in the same instrument and direction count as one trade.